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Stock Charts AI Power Rank: 7.6
Power Rank trend -> Falling
07/26/2024 16:10:00 EST
Rexford Industrial Realty Inc (REXR)
Industry: REIT - Industrial
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, REXR has been trading in a range between $49.98 and $44.45 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
REXR is trading between resistance at $49.69 about 1% to the upside and support at $44.93 -8% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $53.07, about a 8% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Rexford Industrial Realty Inc $REXR entered a Green zone 17 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $59.62, a potential upside of 21.55% from the recent price of 49.05. The stock is trading 15.39% (potential upside) below its 52 week high of $56.60 and 20.96 % (potential downside) above its 52 week low of $40.55 - based on the recent price.
Company Summary
Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Rexford Industrial's high-quality, irreplaceable portfolio comprises 371 properties with approximately 45.
News
| 2 Warehouse REITs To Make You Wealthy And Sleep Well At Night Industrial real estate remains strong despite economic challenges and high interest rates. Rexford Industrial Realty and Prologis reported impressive 2Q24 earnings, showing resilience and growth potential. Both REITs offer attractive investment opportunities as the industrial market tightens and demand stabilizes. Source: Seeking Alpha Thu, 25 Jul 2024 07:00:00 -0400 Sentiment: Positive |
| 3 Once-In-A-Decade REIT Buying Opportunities REITs are priced at near their lowest valuations in 16 years. But the window of opportunity could be closing soon. I highlight 3 REITs that could enjoy 50%+ upside potential. Source: Seeking Alpha Tue, 23 Jul 2024 08:15:00 -0400 Sentiment: Positive |
| Rotation Bargains: 2 High-Yield Dividend Stocks With Double-Digit Return Potential The market is experiencing a rotation away from top-heavy tech stocks, creating new opportunities. The rotation is still in its early stages, but it has significant potential. As the market shifts, investors are hedging bets and looking for strong earnings growth in various sectors, including healthcare, materials, and consumer discretionaries. A Trump victory could further boost market strength with lower taxes and fewer regulations. I've identified undervalued dividend growth stocks that are poised to outperform long-term. Source: Seeking Alpha Tue, 23 Jul 2024 07:30:00 -0400 Sentiment: Positive |
| 2 Supercharged Dividend Stocks to Buy if There's a Stock Market Sell-Off There's more than one way to look at dividend stocks, with dividend growth often overshadowed by dividend yield. Prologis has increased its payout at a compound annual rate of 11% a year over the past decade. Source: The Motley Fool Sun, 21 Jul 2024 08:21:00 -0400 Sentiment: Positive |
| Is The Tide Turning For REITs? Nasdaq had a strong start to the year, driven by big tech stocks, but recent declines have raised concerns about the index's performance. REITs have struggled in recent years but are showing signs of a potential comeback, with some stocks posting strong gains. Possibility of September rate cuts could benefit publicly traded landlords, including REITs, leading to potential share price appreciation. Source: Seeking Alpha Sun, 21 Jul 2024 08:00:00 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 56.6049 52 Week Low: 40.5463 Beta: 0.926 50 Day MA: 45.8584 200 Day MA: 48.8486 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.427 Qtr Revenue Growth YOY: 0.214 Forward PE: 0 Trailing PE: 39.8099