Analyst Ratings for Rexford Industrial Realty Inc. (REXR)Updated: 2017-07-29
An average rating of Overweight has been given to Rexford Industrial Realty Inc. (NYSE:REXR) by analysts covering the stock. A consensus rating of Overweight was previously issued for REXR last month.
10 analysts issued ratings on the stock, where 5 gave REXR a buy rating, 0 gave an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
REXR was given price targets by several analysts. The highest price target was 33, which equates to a potential upside of 17.06 percent. The lowest price target was 23, implying potential capital losses of -18.41 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 8.33 percent. The average change in earnings estimates over the last 90 days is 122.92 percent. Meanwhile, fiscal year estimates have been revised upwards by 7.67 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 83.87 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of REXR to grow at a rate of 150.02 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of REXR is 0.49.
In the trailing 52-weeks, REXR hit 28.47 at the highest peak, while it's lowest trading point was 20.05. Currently the stock is 40.6 percent higher than its low, and 0.98 percent lower than its 52-week high. REXR has a price/earnings ratio of 74.18. Investors typically compare the P/E ratio to a company's peers in the industry. The REXR value stock report compares REXR to some of its peers using value stock charts. The market cap of REXR is $1.88 billion. REXR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.