Rexford Industrial Realty, Inc. (REXR)

NYSE: REXR · IEX Real-Time Price · USD
50.30
+0.42 (0.84%)
Mar 28, 2024, 4:00 PM EDT - Market closed
0.84%
Market Cap 11.20B
Revenue (ttm) 797.83M
Net Income (ttm) 227.45M
Shares Out 215.09M
EPS (ttm) 1.12
PE Ratio 44.85
Forward PE 44.03
Dividend $1.67 (3.32%)
Ex-Dividend Date Mar 27, 2024
Volume 2,719,917
Open 50.00
Previous Close 49.88
Day's Range 50.00 - 50.68
52-Week Range 41.56 - 60.06
Beta 0.88
Analysts Buy
Price Target 56.91 (+13.14%)
Earnings Date Apr 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 11 analysts, the average rating for REXR stock is "Buy." The 12-month stock price forecast is $56.91, which is an increase of 13.14% from the latest price.

Price Target
$56.91
(13.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

1 day 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...

1 day 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 days 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 days 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...

6 days 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 ...

27 days 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...

7 weeks 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...

7 weeks 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...

2 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...

3 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...

3 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.

5 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...

5 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/ -...

5 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...

5 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...

6 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
7 months ago - CNBC Television

Rexford Industrial Publishes Updated Investor Presentation

LOS ANGELES , Sept. 7, 2023 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing ...

7 months ago - PRNewsWire

Rexford Industrial Announces $46 Million of Investment Activity

– Completed Three Industrial Property Acquisitions within Prime Infill Southern California Submarkets –– Year-to Date Investments total $1.2 Billion – LOS ANGELES , Sept. 6, 2023 /PRNewswire/ -- Rexfo...

7 months ago - PRNewsWire

Rexford Industrial Announces $210 Million Investment

– Industrial Property Acquisition within Prime Infill Southern California Submarket – – Year-to-Date Investments total $1.1 Billion – LOS ANGELES , July 24, 2023 /PRNewswire/ -- Rexford Industrial Rea...

8 months ago - PRNewsWire

Rexford Industrial Announces Second Quarter 2023 Financial Results

LOS ANGELES , July 19, 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 Second Quarter 2023 Earnings Release and Conference Call

LOS ANGELES , June 21, 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

Rexford Industrial Announces Leasing Activity Update

LOS ANGELES , June 13, 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

Rexford Industrial Releases Environmental, Social and Governance Impact (ESGi) Report

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

11 months ago - PRNewsWire

Rexford Industrial Announces Pricing of Public Offering of 13,500,000 Shares of Common Stock

LOS ANGELES , May 10, 2023 /PRNewswire/ -- Rexford Industrial Realty, Inc. (NYSE: REXR) ("Rexford" or the "Company"), a real estate investment trust focused on creating value by investing in and opera...

11 months ago - PRNewsWire