$0.24 EPS Expected for Rexford Industrial Realty Inc (REXR)

October 13, 2017 - By Richard Conner

 $0.24 EPS Expected for Rexford Industrial Realty Inc (REXR)
Investors sentiment increased to 1.7 in Q2 2017. Its up 0.37, from 1.33 in 2017Q1. It improved, as 13 investors sold Rexford Industrial Realty Inc shares while 37 reduced holdings. 26 funds opened positions while 59 raised stakes. 67.26 million shares or 6.74% more from 63.01 million shares in 2017Q1 were reported.
Honeywell Intl accumulated 49,840 shares or 0.05% of the stock. Artemis Mngmt Limited Liability Partnership has invested 0.1% in Rexford Industrial Realty Inc (NYSE:REXR). Manning & Napier Advsr Limited Com has 346,440 shares. Voya Invest Mngmt Limited Liability Co has 31,091 shares for 0% of their portfolio. Assetmark Inc holds 288,587 shares. Aperio Gru Ltd Com stated it has 0% in Rexford Industrial Realty Inc (NYSE:REXR). Wells Fargo Mn has 202,538 shares. First Ltd Partnership holds 0% of its portfolio in Rexford Industrial Realty Inc (NYSE:REXR) for 40,055 shares. Manufacturers Life Ins The holds 205,525 shares. Morgan Stanley has 1.90M shares. Credit Agricole S A holds 42,394 shares or 0% of its portfolio. State Of Alaska Department Of Revenue holds 0.06% or 34,030 shares. Credit Suisse Ag owns 235,476 shares. Barclays Plc holds 98,675 shares. Panagora Asset Management reported 361 shares stake.

Since May 10, 2017, it had 0 buys, and 1 insider sale for $367,804 activity.

Analysts expect Rexford Industrial Realty Inc (NYSE:REXR) to report $0.24 EPS on November, 1.They anticipate $0.02 EPS change or 9.09 % from last quarter’s $0.22 EPS. REXR’s profit would be $17.02M giving it 31.57 P/E if the $0.24 EPS is correct. After having $0.23 EPS previously, Rexford Industrial Realty Inc’s analysts see 4.35 % EPS growth. The stock decreased 0.46% or $0.14 during the last trading session, reaching $30.31. About 427,738 shares traded. Rexford Industrial Realty Inc (NYSE:REXR) has risen 36.17% since October 13, 2016 and is uptrending. It has outperformed by 19.47% the S&P500.

Rexford Industrial Realty Inc (NYSE:REXR) Ratings Coverage

Among 12 analysts covering Rexford Industrial (NYSE:REXR), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Rexford Industrial had 23 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 23 by Jefferies. The rating was downgraded by JP Morgan on Tuesday, September 26 to “Neutral”. The stock of Rexford Industrial Realty Inc (NYSE:REXR) earned “Buy” rating by DA Davidson on Friday, August 26. The firm earned “Buy” rating on Friday, June 23 by Jefferies. Wunderlich maintained Rexford Industrial Realty Inc (NYSE:REXR) rating on Monday, May 16. Wunderlich has “Hold” rating and $20 target. The firm has “Neutral” rating given on Friday, September 25 by Citigroup. The firm has “Overweight” rating given on Monday, November 2 by Capital One. The stock of Rexford Industrial Realty Inc (NYSE:REXR) has “Buy” rating given on Wednesday, September 13 by Stifel Nicolaus. The stock of Rexford Industrial Realty Inc (NYSE:REXR) earned “Buy” rating by Jefferies on Monday, July 24. Hudson Square Research maintained the stock with “Hold” rating in Monday, May 16 report.

Rexford Industrial Realty, Inc. is a self-administered and self-managed full-service real estate investment trust . The company has market cap of $2.15 billion. The Firm is focused on owning, operating and acquiring industrial properties in Southern California infill markets. It has a 65.6 P/E ratio. Rexford Industrial Realty, L.P. is the operating partnership of the Company.

More notable recent Rexford Industrial Realty Inc (NYSE:REXR) news were published by: Prnewswire.com which released: “Rexford Industrial Provides Update On Recent ATM Activity” on October 02, 2017, also Labusinessjournal.com with their article: “Rexford Industrial Realty Acquires Ontario’s Safari Business Center for $141 …” published on May 26, 2017, Nasdaq.com published: “Rexford Industrial Realty, Inc. (REXR) Ex-Dividend Date Scheduled for …” on September 27, 2017. More interesting news about Rexford Industrial Realty Inc (NYSE:REXR) were released by: Nasdaq.com and their article: “The Zacks Analyst Blog Highlights: Rexford Industrial Realty, PS Business …” published on September 12, 2017 as well as Therealdeal.com‘s news article titled: “Rexford nabs giant campus near Compton for $210.5M” with publication date: July 19, 2017.

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