Rexford Industrial Realty, Inc. (NYSE:REXR) stock remained 1.27% volatile in recent week and indicated 1.95% volatility in last month. The Company’s beta coefficient sits at 0.75. Beta factor measures the amount of market risk associated with market trade. Higher the beta discloses more riskiness and lower the beta lower the risk. ATR value of 0.55 measure stock volatility. The Average True Range is an exponential moving average (14-days) of the True Ranges.
Rexford Industrial Realty, Inc. (REXR) received negative focus in Thursday trading session. The stock has performed -0.54% and it registered share value at $31.18 in recent trade transaction. At present, the stock price sited at -5.26% from the 52 week high and situated at 18.56% from 52 week low. 2254484 shares traded on hands while it’s an average volume stands with 663.91K shares. It has dividend yield of 2.05% and Payout Ratio is 100.30%.
Rexford Industrial Realty, Inc. (NYSE:REXR), a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, declared the acquisition of two industrial properties for a total investment of $18.3 million. The acquisitions were funded through a combination of cash on hand and use of Rexford Industrial’s existing line of credit.
Howard Schwimmer and Michael Frankel, Co-Chief Executive Officers of the Company stated “These acquisitions continue to demonstrate our ability to source high-quality industrial property investments through off-market transactions at favorable in-place and projected yields within the supply constrained infill Southern California industrial market”. “Utilizing our proprietary originations platform, we were able to structure an off-market transaction to acquire Surveyor Avenue, a state-of-the-art industrial property currently under construction. We also acquired Gateway Circle through an off-market sale / leaseback transaction in a high-demand Orange County submarket. As we progress through 2018, we continue to see favorable opportunities to execute our internal and external growth strategies to enhance cash flow and shareholder value.”
PROFITABILITY RATIOS: The company’s net profit margin is 24.30%. It measures how much out of every dollar of sales a company actually keeps in earnings. Gross Margin is observed at 74.30% and Operating Margin is seen at 20.70%. Return on Assets (ROA) an indicator of how profitable a company is relative to its total assets, is 2.10%. Return on Equity (ROE) is 3.70% and Return on Investment (ROI) is 1.70%.
Rexford Industrial Realty, Inc. (REXR) has year to date performance of 6.93% and weekly performance of 0.91%. The stock has been moved at 0.74% over the last six months and 15.70% throughout last twelve months. The stock has performed 7.11% around last thirty days, and changed 12.44% over the last three months.
The current analyst consensus rating clocked at 2 on company shares based on data provided from FINVIZ. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). Analysts expected the stock to attain $31.22 price in coming 52-week period.