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.
Investment analysts gave a few price targets for REXR. The most optimistic price target was 33, which equates to a potential upside of 17.06 percent. The minimum price target given 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 8.33 percent on average, compared to last month. That number becomes 122.92 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 7.67 percent. If we look at the last 90 days instead, we find a net average change of 83.87 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. 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.
REXR has an estimated earnings growth rate of 150.02 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. REXR has a PEG ratio of 0.49.
In the last 52-weeks, REXR has achieved a high of 28.47 and a low of 20.05. Currently the stock is 40.6 percent higher than its low, and 0.98 percent below the 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 will post this quarters earnings in days, on 0000-00-00.