Rexford Industrial Realty, Inc. (REXR)
NYSE: REXR · Real-Time Price · USD
42.06
-0.63 (-1.46%)
Nov 21, 2024, 3:54 PM EST - Market open
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 21.01% from the current stock price of 42.06.
Analyst Consensus: Hold
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 3 | 3 | 4 | 4 | 2 | 2 |
| Hold | 6 | 4 | 4 | 4 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 10 | 11 | 11 | 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 | +18.89% | Nov 12, 2024 |
| Scotiabank | Scotiabank | Buy → Hold Downgrades $55 → $48 | Buy → Hold | Downgrades | $55 → $48 | +14.14% | Oct 25, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $57 → $58 | Buy | Maintains | $57 → $58 | +37.91% | Sep 16, 2024 |
| Mizuho | Mizuho | Hold Maintains $50 → $49 | Hold | Maintains | $50 → $49 | +16.51% | Sep 5, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $55 → $57 | Buy | Maintains | $55 → $57 | +35.54% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
948.72M
Revenue Next Year
1.07B
from 948.72M
Increased by 12.78%
EPS This Year
1.24
from 1.12
Increased by 10.65%
EPS Next Year
1.33
from 1.24
Increased by 7.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 987.0M | 1.2B | 1.4B | ||
| Avg | 948.7M | 1.1B | 1.2B | ||
| Low | 902.6M | 960.4M | 998.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 24.2% | 29.0% | ||
| Avg | - | 12.8% | 13.6% | ||
| Low | - | 1.2% | -6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.29 | 1.61 | 1.64 | ||
| Avg | 1.24 | 1.33 | 1.51 | ||
| Low | 1.19 | 1.13 | 1.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.3% | 29.6% | 22.8% | ||
| Avg | 10.7% | 7.6% | 13.2% | ||
| Low | 5.9% | -9.1% | 2.9% |
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.