Rexford Industrial Realty Inc (NYSE:REXR) shares, rose in value, with the stock price up by 1.82% to the previous day’s close as strong demand from buyers drove the stock to $36.55.
Actively observing the price movement in the recent trading, the stock is buoying the session at $35.90. The PE ratio was 29.70 over 12-month period. Referring to stock’s 52-week performance, its high was $52.61, and the low was $29.68. On the whole, REXR has fluctuated by 9.51% over the past month.
With the market capitalization of Rexford Industrial Realty Inc currently standing at about $8.65 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.68, with its dividend yield at 4.59%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.02B, with a low estimate of 243.53M and a high estimate of 266.09M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 251.92M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that REXR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 11.00, with the price of REXR currently trading nearly 4.96% and 3.73% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.24, while the 7-day volatility ratio is showing 0.72% which for the 30-day chart, stands at 1.80%. Furthermore, Rexford Industrial Realty Inc (REXR)’s beta value is 1.16, and its average true range (ATR) is 0.95.
A comparison of Rexford Industrial Realty Inc (REXR) with its peers suggests the former has fared considerably weaker in the market. REXR showed an intraday change of 1.82% in today’s session so far, and over the past year, it shrunk by -16.31%%.
Data on historical trading for Rexford Industrial Realty Inc (NYSE:REXR) indicates that the trading volumes over the past 3 months, they’ve averaged 2.68 million. According to company’s latest data on outstanding shares, there are 236.69 million shares outstanding.
Nearly 0.21% of Rexford Industrial Realty Inc’s shares belong to company insiders and institutional investors own 105.06% of the company’s shares. The stock has fallen by -5.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the REXR stock heading into the next quarter.
