Rexford Industrial Realty, Inc. (REXR)

NYSE: REXR · IEX Real-Time Price · USD
44.88
+0.43 (0.97%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.97%
Market Cap 9.78B
Revenue (ttm) 825.69M
Net Income (ttm) 228.22M
Shares Out 217.82M
EPS (ttm) 1.09
PE Ratio 41.17
Forward PE 37.50
Dividend $1.67 (3.72%)
Ex-Dividend Date Jun 28, 2024
Volume 1,208,877
Open 44.78
Previous Close 44.45
Day's Range 44.66 - 45.36
52-Week Range 41.56 - 58.02
Beta 0.94
Analysts Buy
Price Target 52.44 (+16.85%)
Earnings Date Jul 17, 2024

About REXR

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 45.0 millio... [Read more]

Sector Real Estate
IPO Date Jul 19, 2013
Employees 242
Stock Exchange NYSE
Ticker Symbol REXR
Full Company Profile

Financial Performance

In 2023, REXR's revenue was $797.83 million, an increase of 26.40% compared to the previous year's $631.20 million. Earnings were $227.45 million, an increase of 44.43%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for REXR stock is "Buy." The 12-month stock price forecast is $52.44, which is an increase of 16.85% from the latest price.

Price Target
$52.44
(16.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rexford Industrial Announces Dates for Second Quarter 2024 Earnings Release and Conference Call

LOS ANGELES , June 20, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing ...

12 days ago - PRNewsWire

Rexford Industrial Announces Leadership Transition Plans

LOS ANGELES , June 17, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing ...

15 days ago - PRNewsWire

Rexford Industrial Releases Environmental, Social and Governance Impact Report

ESGimpact (ESGi) represents a holistic approach quantifying the positive environmental, societal and governance impacts enabled by Rexford Industrial's differentiated, value-driven business model LOS ...

4 weeks ago - PRNewsWire

Rexford Industrial Announces Operating and Transaction Activity Update

LOS ANGELES , May 29, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing i...

4 weeks ago - PRNewsWire

SBUX, NDAQ, REXR: Inflation is Going to Progress Downward

The reversion to the mean suggests that now is a good time to lean on value stocks, notes Burns McKinney. He talks about how despite recent stubbornness, inflation is continuing to progress downward.

Other symbols: SBUXNDAQ
2 months ago - Schwab Network

Rexford Industrial Announces First Quarter 2024 Financial Results

LOS ANGELES , April 17, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") focused on creating value by ...

2 months ago - PRNewsWire

Rexford Industrial Receives Green Lease Leader Platinum Recognition

LOS ANGELES , April 3, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing ...

3 months ago - PRNewsWire

Rexford Industrial Acquires Blackstone Industrial Assets in Combined $1 Billion Investment

LOS ANGELES and NEW YORK , March 28, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. ("Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in ...

Other symbols: BX
3 months ago - PRNewsWire

Rexford Industrial Announces Pricing of Public Offering of 17,179,318 Shares of Common Stock to an Existing Long-Only Investor Based on the West Coast

LOS ANGELES, March 26, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), today announced that it has priced an underwritten public offering of ...

3 months ago - PRNewsWire

Rexford Industrial Announces Pricing of Offering of $500 Million Exchangeable Senior Notes due 2027 and $500 Million Exchangeable Senior Notes due 2029

LOS ANGELES, March 26, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR) today announced that its operating partnership, Rexford Industrial Real...

3 months ago - PRNewsWire

Rexford Industrial Announces Proposed Offering of Exchangeable Senior Notes due 2027 and Exchangeable Senior Notes due 2029

LOS ANGELES, March 25, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR) today announced that its operating partnership, Rexford Industrial Real...

3 months ago - PRNewsWire

Rexford Industrial Announces Public Offering of $840 Million of Common Stock to an Existing Long-Only Investor Based on the West Coast

LOS ANGELES , March 25, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), today announced that it has commenced an underwritten public offering...

3 months ago - PRNewsWire

Rexford Industrial Announces Dates for First Quarter 2024 Earnings Release and Conference Call

LOS ANGELES , March 22, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing...

3 months ago - PRNewsWire

Rexford Industrial to Present at the Citi 2024 Global Property CEO Conference

LOS ANGELES , March 1, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing ...

4 months ago - PRNewsWire

Rexford Industrial Announces Fourth Quarter and Full Year 2023 Financial Results

LOS ANGELES , Feb. 6, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") focused on creating value by in...

5 months ago - PRNewsWire

Rexford Industrial Announces 10 Percent Increase in Quarterly Common Stock Dividend

LOS ANGELES , Feb. 5, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing i...

5 months ago - PRNewsWire

Rexford Industrial Announces 2023 Tax Treatment of Dividend Distributions

LOS ANGELES , Jan. 22, 2024  /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing...

5 months ago - PRNewsWire

Rexford Industrial Announces $81 Million of Transaction Activity

Two industrial property acquisitions and one disposition Full year 2023 investments total $1.5 billion within prime infill Southern California submarkets LOS ANGELES , Jan. 4, 2024 /PRNewswire/ -- Rex...

6 months ago - PRNewsWire

Rexford Industrial Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call

LOS ANGELES , Jan. 2, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing i...

6 months ago - PRNewsWire

The 12 Best Stocks to Buy Now

Our list of the best stocks to buy now reflect the lesson of the past few years: Be ready for anything.

8 months ago - Kiplinger

Rexford Industrial Announces $245 Million of Investment Activity

– Completed Two Industrial Investments Within Prime Infill Southern California Submarket – – Year-to Date Investments Total $1.4 Billion – LOS ANGELES , Oct. 26, 2023 /PRNewswire/ -- Rexford Industria...

8 months ago - PRNewsWire

Rexford Industrial Announces Science-Based Net-Zero Target Validation

–Rexford Industrial Commits to Net-Zero Emissions by 2045– –Rexford Industrial's Value-Driven Business Model Drives Positive ESGi Impacts and Value Creation– LOS ANGELES , Oct. 23, 2023 /PRNewswire/ -...

9 months ago - PRNewsWire

Rexford Industrial Announces Third Quarter 2023 Financial Results

LOS ANGELES , Oct. 18, 2023 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") focused on creating value by i...

9 months ago - PRNewsWire

Rexford Industrial Announces Dates for Third Quarter 2023 Earnings Release and Conference Call

LOS ANGELES , Sept. 18, 2023 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing...

10 months ago - PRNewsWire

'Winter is coming' for office space stocks, top real estate investor Jonathan Litt warns

Jonathan Litt, Land and Buildings Founder & CIO, joins 'Fast Money' to discuss why he says more trouble is on the horizon for commercial real estate stocks.

Other symbols: AMHAREVTR
10 months ago - CNBC Television