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NYSE:REX

REX American Resources (REX) Stock Price, News & Analysis

REX American Resources logo
$43.31 +0.06 (+0.14%)
(As of 11/29/2024 ET)

About REX American Resources Stock (NYSE:REX)

Key Stats

Today's Range
$43.00
$43.74
50-Day Range
$43.01
$49.11
52-Week Range
$40.05
$60.78
Volume
71,539 shs
Average Volume
110,636 shs
Market Capitalization
$760.96 million
P/E Ratio
11.02
Dividend Yield
N/A
Price Target
$60.00
Consensus Rating
Buy

Company Overview

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed. The company was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in 2010. REX American Resources Corporation was founded in 1980 and is headquartered in Dayton, Ohio.

REX American Resources Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
70th Percentile Overall Score

REX MarketRank™: 

REX American Resources scored higher than 70% of companies evaluated by MarketBeat, and ranked 118th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    REX American Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    REX American Resources has received no research coverage in the past 90 days.

  • Read more about REX American Resources' stock forecast and price target.
  • Earnings Growth

    Earnings for REX American Resources are expected to decrease by -12.69% in the coming year, from $2.60 to $2.27 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of REX American Resources is 11.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of REX American Resources is 11.02, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.97.

  • Price to Book Value per Share Ratio

    REX American Resources has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about REX American Resources' valuation and earnings.
  • Percentage of Shares Shorted

    2.97% of the outstanding shares of REX American Resources have been sold short.
  • Short Interest Ratio / Days to Cover

    REX American Resources has a short interest ratio ("days to cover") of 4.4.
  • Change versus previous month

    Short interest in REX American Resources has recently decreased by 3.82%, indicating that investor sentiment is improving.
  • Dividend Yield

    REX American Resources does not currently pay a dividend.

  • Dividend Growth

    REX American Resources does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.97% of the outstanding shares of REX American Resources have been sold short.
  • Short Interest Ratio / Days to Cover

    REX American Resources has a short interest ratio ("days to cover") of 4.4.
  • Change versus previous month

    Short interest in REX American Resources has recently decreased by 3.82%, indicating that investor sentiment is improving.
  • News Sentiment

    REX American Resources has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Oils/Energy companies.
  • Search Interest

    7 people have searched for REX on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, REX American Resources insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    11.68% of the stock of REX American Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    88.12% of the stock of REX American Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about REX American Resources' insider trading history.
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REX Stock News Headlines

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REX Stock Analysis - Frequently Asked Questions

REX American Resources' stock was trading at $47.30 at the beginning of 2024. Since then, REX shares have decreased by 8.4% and is now trading at $43.31.
View the best growth stocks for 2024 here
.

REX American Resources Co. (NYSE:REX) released its quarterly earnings data on Tuesday, August, 27th. The energy company reported $0.70 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.26. The energy company had revenue of $148.16 million for the quarter, compared to the consensus estimate of $146 million. REX American Resources had a trailing twelve-month return on equity of 11.69% and a net margin of 9.64%.

REX American Resources's stock split before market open on Monday, August 1st 2022. The 3-1 split was announced on Monday, August 1st 2022. The newly issued shares were issued to shareholders after the market closes on Monday, August 1st 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Top institutional investors of REX American Resources include State Street Corp (5.13%), Systematic Financial Management LP (3.94%), Pacer Advisors Inc. (2.53%) and Geode Capital Management LLC (2.08%). Insiders that own company stock include Stuart A Rose, Douglas Bruggeman and Lee Fisher.
View institutional ownership trends
.

Shares of REX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that REX American Resources investors own include NVIDIA (NVDA), Chipotle Mexican Grill (CMG), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Endologix (ELGX) and Exxon Mobil (XOM).

Company Calendar

Last Earnings
8/27/2024
Today
12/01/2024
Next Earnings (Confirmed)
12/03/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
Oil & Gas Refining & Marketing
CUSIP
76162410
Employees
117
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$60.00
High Stock Price Target
$60.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+38.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$60.94 million
Pretax Margin
15.21%

Debt

Sales & Book Value

Annual Sales
$833.38 million
Cash Flow
$4.80 per share
Book Value
$33.57 per share

Miscellaneous

Free Float
15,515,000
Market Cap
$760.96 million
Optionable
Optionable
Beta
0.94
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This page (NYSE:REX) was last updated on 12/1/2024 by MarketBeat.com Staff
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