Rexford Industrial Realty, Inc. (REXR)
NYSE: REXR · Real-Time Price · USD
38.02
+0.05 (0.13%)
Dec 20, 2024, 4:00 PM EST - Market closed
Rexford Industrial Realty Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for REXR stock have an average target of 50.89, with a low estimate of 45 and a high estimate of 61. The average target predicts an increase of 33.85% from the current stock price of 38.02.
Analyst Consensus: Hold
* Price targets were last updated on Nov 12, 2024.
Analyst Ratings
The average analyst rating for REXR stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 3 | 4 | 4 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $54 → $50 | Strong Buy | Maintains | $54 → $50 | +31.51% | Nov 12, 2024 |
| Scotiabank | Scotiabank | Buy → Hold Downgrades $55 → $48 | Buy → Hold | Downgrades | $55 → $48 | +26.25% | Oct 25, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $57 → $58 | Buy | Maintains | $57 → $58 | +52.55% | Sep 16, 2024 |
| Mizuho | Mizuho | Hold Maintains $50 → $49 | Hold | Maintains | $50 → $49 | +28.88% | Sep 5, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $55 → $57 | Buy | Maintains | $55 → $57 | +49.92% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
949.06M
Revenue Next Year
1.07B
from 949.06M
Increased by 12.95%
EPS This Year
1.24
from 1.12
Increased by 10.56%
EPS Next Year
1.32
from 1.24
Increased by 6.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 987.0M | 1.2B | 1.4B | |||
| Avg | 949.1M | 1.1B | 1.2B | |||
| Low | 902.6M | 960.4M | 998.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 24.1% | 28.7% | |||
| Avg | - | 13.0% | 13.6% | |||
| Low | - | 1.2% | -6.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.29 | 1.61 | 1.64 | |||
| Avg | 1.24 | 1.32 | 1.51 | |||
| Low | 1.19 | 1.13 | 1.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 15.3% | 29.7% | 24.1% | |||
| Avg | 10.6% | 6.6% | 14.6% | |||
| Low | 5.9% | -9.0% | 3.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.