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 analyst gave a price target of 33, implying potential capital gains of 17.06 percent. The minimum price target given was 23, implying a possible loss of -18.41 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 8.33 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 122.92 percent. Meanwhile, fiscal year estimates have been revised upwards by 7.67 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 83.87 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
REXR has an estimated earnings growth rate of 150.02 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. REXR has a PEG ratio of 0.49.
REXR has traded between a high of 28.47 and a low of 20.05 over the past year. The current market price is above the trailing year's low by 40.6 percent, and below the high by 0.98 percent. 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.