Rexford Industrial Realty, Inc. (REXR)
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]
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 StatementsAnalyst 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.
News
![](https://cdn.snapi.dev/images/v1/t/p/conf16-2489043.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/n/a/press16-2483013.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/r/y/press1-2455184.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/6/q/press5-2451590.jpg)
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...
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.
![](https://cdn.snapi.dev/images/v1/z/g/press14-2376971.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/g/m/press14-2355218.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/p/r/press9-2347253.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/q/r/press18-2343113.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/d/e/press19-2343114.jpg)
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...
![](https://cdn.snapi.dev/images/v1/6/p/press15-2340654.jpg)
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...
![](https://cdn.snapi.dev/images/v1/9/a/press16-2340655.jpg)
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...
![](https://cdn.snapi.dev/images/v1/7/n/conf20-2338169.jpg)
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...
![](https://cdn.snapi.dev/images/v1/x/j/conf5-2304489.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/7/m/press4-2263157.jpg)
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...
![](https://cdn.snapi.dev/images/v1/6/k/press10-2260823.jpg)
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...
![](https://cdn.snapi.dev/images/v1/3/m/press9-2239126.jpg)
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...
![](https://cdn.snapi.dev/images/v1/g/z/press12-2217319.jpg)
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...
![](https://cdn.snapi.dev/images/v1/v/k/conf7-2213814.jpg)
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...
![](https://cdn.snapi.dev/images/v1/s/v/press15-2124231.jpg)
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...
![](https://cdn.snapi.dev/images/v1/1/m/press9-2116041.jpg)
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/ -...
![](https://cdn.snapi.dev/images/v1/i/y/press1-2109839.jpg)
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...
![](https://cdn.snapi.dev/images/v1/b/p/conf6-2068144.jpg)
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...
'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.