Key Points
- CEO Michael Frankel sold 23,132 shares on March 17 at an average price of $35.29 for about $816,328, trimming his stake by 3.96% to 560,406 shares (≈$19.78M).
- Dividend increased to $0.435 quarterly (annualized $1.74, ~5.1% yield) up from $0.43, but the dividend payout ratio is very high at 202.35%.
- Operational outlook and market view: Rexford posted $0.59 EPS (beat by $0.01), set FY2026 guidance of 2.350–2.400 EPS, and carries a consensus analyst rating of "Hold" with a $41.92 average price target.
Rexford Industrial Realty, Inc. (NYSE:REXR - Get Free Report) CEO Michael Frankel sold 23,132 shares of the company's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $35.29, for a total value of $816,328.28. Following the sale, the chief executive officer owned 560,406 shares of the company's stock, valued at approximately $19,776,727.74. The trade was a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Rexford Industrial Realty Stock Performance
REXR opened at $34.36 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.51 and a current ratio of 2.51. Rexford Industrial Realty, Inc. has a 52-week low of $29.68 and a 52-week high of $44.38. The firm has a market cap of $7.97 billion, a P/E ratio of 40.42, a price-to-earnings-growth ratio of 2.53 and a beta of 1.24. The business's fifty day moving average is $38.20 and its 200-day moving average is $40.23.
Rexford Industrial Realty (NYSE:REXR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.01. Rexford Industrial Realty had a return on equity of 2.37% and a net margin of 21.03%.The business had revenue of $248.10 million during the quarter, compared to the consensus estimate of $249.05 million. During the same quarter in the previous year, the firm earned $0.58 earnings per share. Rexford Industrial Realty's revenue for the quarter was up 2.1% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.350-2.400 EPS. Sell-side analysts expect that Rexford Industrial Realty, Inc. will post 2.38 EPS for the current fiscal year.
Rexford Industrial Realty Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.435 dividend. This represents a $1.74 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Tuesday, March 31st. This is a boost from Rexford Industrial Realty's previous quarterly dividend of $0.43. Rexford Industrial Realty's dividend payout ratio is presently 202.35%.
Institutional Investors Weigh In On Rexford Industrial Realty
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Knights of Columbus Asset Advisors LLC acquired a new position in shares of Rexford Industrial Realty during the third quarter worth $1,879,000. Cibc World Market Inc. acquired a new stake in shares of Rexford Industrial Realty during the 3rd quarter valued at $41,111,000. Whittier Trust Co. grew its position in Rexford Industrial Realty by 30.6% during the 3rd quarter. Whittier Trust Co. now owns 383,961 shares of the real estate investment trust's stock worth $16,000,000 after acquiring an additional 89,903 shares during the last quarter. Westwood Holdings Group Inc. grew its position in Rexford Industrial Realty by 10.1% during the 2nd quarter. Westwood Holdings Group Inc. now owns 649,966 shares of the real estate investment trust's stock worth $23,119,000 after acquiring an additional 59,671 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in Rexford Industrial Realty by 39.1% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 171,477 shares of the real estate investment trust's stock worth $7,145,000 after purchasing an additional 48,187 shares in the last quarter. 99.52% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
REXR has been the topic of several analyst reports. Citigroup reduced their price target on shares of Rexford Industrial Realty from $46.00 to $39.00 and set a "neutral" rating on the stock in a research report on Friday, February 13th. Cantor Fitzgerald cut their target price on Rexford Industrial Realty from $50.00 to $45.00 and set an "overweight" rating for the company in a research note on Friday, February 6th. Barclays restated an "underweight" rating on shares of Rexford Industrial Realty in a research note on Tuesday, January 13th. Scotiabank decreased their price target on Rexford Industrial Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a research note on Monday, March 2nd. Finally, Evercore lowered their price target on Rexford Industrial Realty from $41.00 to $40.00 and set an "in-line" rating for the company in a report on Monday, December 22nd. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Rexford Industrial Realty currently has an average rating of "Hold" and a consensus price target of $41.92.
View Our Latest Research Report on REXR
About Rexford Industrial Realty
(
Get Free Report)
Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company's portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford's strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.
Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.
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