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Rexford Industrial Realty (REXR)
NYSE:REXR
Rexford Industrial Realty (REXR) Stock Price & Analysis
230 Followers
REXR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.55 - $56.60
Previous Close$44.45
Volume1.27M
Average Volume (3M)1.78M
Market Cap
$9.68B
Enterprise Value$13.08B
Total Cash (Recent Filing)$336.96M
Total Debt (Recent Filing)$3.35B
Price to Earnings (P/E)40.5
Beta1.23
Next Earnings
Jul 17, 2024EPS Estimate
$0.27Last Dividend Ex-Date
Jun 28, 2024Dividend Yield3.49%
Share Statistics
EPS (TTM)1.10
Shares Outstanding217,821,430
10 Day Avg. Volume1,271,585
30 Day Avg. Volume1,784,399
Standard Deviation0.08
R-Squared0.36
Alpha-0.00331
Financial Highlights & Ratios
Price to Book (P/B)1.25
Price to Sales (P/S)12.15
Price to Cash Flow (P/CF)18.10
P/FCF Ratio36.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.86
Enterprise Value/Gross Profit21.32
Enterprise Value/Ebitda23.76
Forecast
1Y Price Target
$51.10Price Target Upside13.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Rexford Industrial Realty News
PremiumCompany Announcements
Rexford Industrial Realty Announces Strategic Executive Reshuffle
Bulls Say, Bears Say
Bulls Say
AcquisitionsREXR completed $1.1 billion in acquisitions, which included a $1 billion portfolio from Blackstone that aligns perfectly with its strategic footprint.
Financial PerformanceREXR reported Core FFO numbers of $0.58, marking an 11.5% increase year-over-year, and raised its 2024 Core FFOps guidance by 1.8%.
Leasing PerformanceREXR signed a record 3.2 million square feet of leases, which included annual rent escalators of 4.0%.
Bears Say
Geographic DependencyBesides the direction of fundamentals, the chief risk to the story is its complete dependency on Southern California.
Market DemandSupply is up (largely in the Inland Empire West) while demand has become much more tepid in the face of macro and geopolitical uncertainty which is causing industrial/warehouse tenants to hesitate to make long-term lease commitments.
Occupancy RatesPortfolio occupancy decreased 130bps to 92.8%, or 70bps to 96.9% excluding repositions/redevelopments.
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Ownership Overview
0.13% Insiders
46.09% Mutual Funds
26.09% Other Institutional Investors
27.68% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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REXR FAQ
What was Rexford Industrial Realty’s price range in the past 12 months?
Rexford Industrial Realty lowest stock price was $40.55 and its highest was $56.60 in the past 12 months.
What is Rexford Industrial Realty’s market cap?
Currently, no data Available
When is Rexford Industrial Realty’s upcoming earnings report date?
Rexford Industrial Realty’s upcoming earnings report date is Jul 17, 2024 which is in 14 days.
How were Rexford Industrial Realty’s earnings last quarter?
Rexford Industrial Realty released its earnings results on Apr 17, 2024. The company reported $0.27 earnings per share for the quarter, the consensus estimate of $0.27 by $0.
Is Rexford Industrial Realty overvalued?
According to Wall Street analysts Rexford Industrial Realty’s price is currently Undervalued.
Does Rexford Industrial Realty pay dividends?
Rexford Industrial Realty pays a Quarterly dividend of $0.42 which represents an annual dividend yield of 3.49%. See more information on Rexford Industrial Realty dividends here
What is Rexford Industrial Realty’s EPS estimate?
Rexford Industrial Realty’s EPS estimate is $0.27.
How many shares outstanding does Rexford Industrial Realty have?
Rexford Industrial Realty has 217,821,430 shares outstanding.
What happened to Rexford Industrial Realty’s price movement after its last earnings report?
Rexford Industrial Realty reported an EPS of $0.27 in its last earnings report, expectations of $0.27. Following the earnings report the stock price went up 2.247%.
Which hedge fund is a major shareholder of Rexford Industrial Realty?
Among the largest hedge funds holding Rexford Industrial Realty’s share is Ranger Global Real Estate Advisors, LLC. It holds Rexford Industrial Realty’s shares valued at 54M.
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Rexford Industrial Realty Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$51.10 (13.86% Upside)
$51.10 (13.86% Upside)
Blogger Sentiment
Bullish
REXR Sentiment 95%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 838.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 7.8%
Last 30 Days ▲ 7.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.07%
12-Months-Change
Fundamentals
Return on Equity
3.12%
Trailing 12-Months
Asset Growth
20.92%
Trailing 12-Months
Company Description
Rexford Industrial Realty
Rexford Industrial Realty, Inc. is a self-administered and self-managed real estate investment trust, which engages in owning, operating, and acquiring industrial properties. The company was founded on January 18, 2013 and is headquartered in Los Angeles, CA.
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REXR Company Deck
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REXR Earnings Call
Q1 2024
0:00 / 0:00
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REXR Stock 12 Month Forecast
Average Price Target
$51.10
▲(13.86% Upside)
Technical Analysis
Best Analysts Covering REXR
1 Year
1 Year Success Rate
15/19 ratings generated profit
1 Year Average Return
+18.47%
reiterated a buy rating 4 months ago
Copying Jonathan Petersen's trades and holding each position for 1 Year would result in 78.95% of your transactions generating a profit, with an average return of +18.47% per trade.
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