Rexford Industrial Realty, Inc. (REXR)
NYSE: REXR · IEX Real-Time Price · USD
44.88
+0.43 (0.97%)
Jul 2, 2024, 4:00 PM EDT - 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 52.44, with a low estimate of 45 and a high estimate of 70. The average target predicts an increase of 16.84% from the current stock price of 44.88.
Analyst Consensus: Buy
* Price targets were last updated on May 31, 2024.
Analyst Ratings
The average analyst rating for REXR stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 4 | 5 | 5 | 6 | 6 | 4 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 11 | 12 | 12 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Maintains $52 → $50 | Hold | Maintains | $52 → $50 | +11.41% | May 31, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $55 → $51 | Buy | Maintains | $55 → $51 | +13.64% | May 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $53 → $50 | Strong Buy | Maintains | $53 → $50 | +11.41% | May 2, 2024 |
| Baird | Baird | Hold Maintains $57 → $49 | Hold | Maintains | $57 → $49 | +9.18% | May 1, 2024 |
| Barclays | Barclays | Sell Maintains $45 → $46 | Sell | Maintains | $45 → $46 | +2.50% | Apr 23, 2024 |
Financial Forecast
Revenue This Year
929.69M
from 797.83M
Increased by 16.53%
Revenue Next Year
1.09B
from 929.69M
Increased by 17.35%
EPS This Year
1.13
from 1.12
Increased by 1.32%
EPS Next Year
1.42
from 1.13
Increased by 24.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.0B | 1.3B | 1.5B | 1.8B | 1.6B |
| Avg | 929.7M | 1.1B | 1.3B | 1.6B | 1.6B |
| Low | 806.6M | 899.8M | 1.1B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.1% | 35.7% | 35.4% | 37.2% | 0.8% |
| Avg | 16.5% | 17.4% | 19.3% | 22.4% | -2.0% |
| Low | 1.1% | -3.2% | 3.9% | 5.7% | -5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.23 | 1.62 | 1.99 | 2.22 | 1.93 |
| Avg | 1.13 | 1.42 | 1.81 | 1.98 | 1.88 |
| Low | 1.00 | 1.23 | 1.62 | 1.73 | 1.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.7% | 42.5% | 40.7% | 22.4% | -2.4% |
| Avg | 1.3% | 24.9% | 27.7% | 9.3% | -5.2% |
| Low | -10.8% | 8.0% | 14.0% | -4.2% | -8.9% |
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.