REXR - Rexford Industrial Realty Inc Stock Price, Fair Value and News

44.93USD-0.17 (-0.38%)Market Closed

Market Summary

USD44.93-0.17

Market Closed

-0.38%

REXR Stock Price

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REXR RSI Chart

REXR Valuation

Market Cap

9.8B

Price/Earnings (Trailing)

40.97

Price/Sales (Trailing)

11.85

Price/Free Cashflow

22.15

REXR Price/Sales (Trailing)

REXR Profitability

Return on Equity

2.84%

Return on Assets

1.93%

Free Cashflow Yield

4.51%

REXR Fundamentals

REXR Revenue

Revenue (TTM)

825.7M

Rev. Growth (Yr)

14.96%

Rev. Growth (Qtr)

1.74%

REXR Earnings

Earnings (TTM)

238.9M

Earnings Growth (Yr)

1.43%

Earnings Growth (Qtr)

-4.63%

Breaking Down REXR Revenue

Last 7 days

6.0%

Last 30 days

-8.3%

Last 90 days

-15.4%

Trailing 12 Months

-19.3%

How does REXR drawdown profile look like?

REXR Financial Health

Debt/Equity

0.4

Debt/Cashflow

0.13

REXR Investor Care

Dividend Yield

3.38%

Dividend/Share (TTM)

1.52

Shares Dilution (1Y)

8.41%

Diluted EPS (TTM)

1.09

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	825.7M	0	0	0
2023	676.7M	723.3M	766.0M	797.8M
2022	493.2M	538.0M	585.3M	631.2M
2021	352.2M	376.6M	408.2M	452.2M
2020	284.5M	300.1M	315.9M	330.1M
2019	224.3M	237.0M	249.8M	267.2M
2018	174.5M	189.5M	201.4M	212.5M
2017	134.0M	140.2M	150.3M	161.4M
2016	100.1M	108.0M	117.6M	126.2M
2015	74.2M	82.0M	87.6M	93.9M
2014	46.1M	50.3M	59.4M	66.6M
2013	0	0	0	40.7M
2012	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Rexford Industrial Realty Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 08, 2024	schwimmer howard	gifted	-	-	-189	co-ceo, co-president
Feb 12, 2024	lanzer david e.	sold	-954,408	52.6919	-18,113	general counsel & secretary
Feb 06, 2024	lanzer david e.	acquired	-	-	18,113	general counsel & secretary
Sep 01, 2023	clark laura e	sold (taxes)	-30,863	53.49	-577	chief financial officer
Jul 28, 2023	clark laura e	sold	-403,703	54.4809	-7,410	chief financial officer
Jul 25, 2023	clark laura e	acquired	-	-	7,410	chief financial officer
Jun 05, 2023	rose tyler h	acquired	-	-	2,843	-
Jun 05, 2023	ingram diana j	acquired	-	-	2,843	-
Jun 05, 2023	kleiman angela l.	acquired	-	-	2,843	-
Jun 05, 2023	antin robert l	acquired	-	-	2,843	-

Which funds bought or sold REXR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Susquehanna Portfolio Strategies, LLC	sold off	-100	-1,499,660	-	-%
May 07, 2024	Swiss National Bank	added	2.58	-1,828,480	20,965,800	0.01%
May 07, 2024	ASSETMARK, INC	reduced	-1.86	-32,887	240,937	-%
May 07, 2024	Inspire Investing, LLC	added	4.87	-22,762	358,438	0.04%
May 07, 2024	Illinois Municipal Retirement Fund	unchanged	-	-70,000	600,000	0.01%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-76.77	-1,273,380	334,948	-%
May 07, 2024	Malaga Cove Capital, LLC	reduced	-2.34	-34,015	239,529	0.10%
May 07, 2024	M&T Bank Corp	added	0.26	-158,196	1,409,630	-%
May 07, 2024	Washington Trust Advisors, Inc.	unchanged	-	-766	6,640	-%
May 07, 2024	Bank Pictet & Cie (Europe) AG	sold off	-100	-1,731,410	-	-%

Are Funds Buying or Selling REXR?

Are funds buying REXR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own REXR

No. of Funds

Unveiling Rexford Industrial Realty Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	price t rowe associates inc /md/	7.5%	15,738,934	SC 13G
Feb 13, 2024	tishman capital partners managed income fund llc	5.10%	175,808	SC 13G/A
Feb 13, 2024	principal real estate investors llc	5.22%	11,028,666	SC 13G/A
Feb 13, 2024	vanguard group inc	13.73%	28,981,854	SC 13G/A
Jan 30, 2024	state street corp	5.51%	11,630,776	SC 13G/A
Jan 23, 2024	blackrock inc.	12.8%	27,067,079	SC 13G
Feb 15, 2023	principal real estate investors llc	5.81%	10,662,033	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	5.3%	10,432,222	SC 13G
Feb 14, 2023	tishman capital partners managed income fund llc	5.10%	175,808	SC 13G/A
Feb 09, 2023	vanguard group inc	13.23%	25,836,143	SC 13G/A

Recent SEC filings of Rexford Industrial Realty Inc

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	10-Q	Quarterly Report
Apr 17, 2024	8-K	Current Report
Apr 15, 2024	ARS	ARS
Apr 15, 2024	DEF 14A	DEF 14A
Mar 28, 2024	8-K	Current Report
Mar 27, 2024	424B5	Prospectus Filed
Mar 27, 2024	FWP	Prospectus Filed
Mar 25, 2024	424B5	Prospectus Filed
Mar 25, 2024	8-K	Current Report
Mar 12, 2024	4	Insider Trading

Peers (Alternatives to Rexford Industrial Realty Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.8B	11.2B	-3.57%	-6.21%	42.94	7.56	3.63%	50.79%
CCI	42.3B	6.8B	-2.86%	-16.86%	30.32	6.17	-2.39%	-16.60%
AVB	27.7B	2.8B	4.65%	8.65%	29	9.87	5.72%	-6.47%
ARE	20.6B	3.0B	-6.82%	-2.61%	105.18	6.99	10.44%	-73.79%
AMH	13.3B	-	-1.07%	2.70%	31.37	8.17	8.93%	11.87%
REG	10.8B	1.4B	-0.91%	-0.39%	29	7.92	10.48%	-2.93%
BXP	9.4B	3.3B	-4.95%	17.89%	49.61	2.88	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	1.08%	10.18%	35.54	7.36	5.48%	-38.69%
MAC	3.4B	884.1M	-2.40%	67.19%	-12.48	3.87	2.90%	-314.82%
SLG	3.3B	892.3M	-5.51%	137.34%	-6.45	3.7	-5.33%	-307.54%
SMALL-CAP
AAT	1.3B	444.1M	3.08%	17.14%	19.59	3.03	3.54%	8.91%
AIV	1.2B	198.2M	-0.48%	-2.94%	-7.52	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	-3.51%	3.98%	35.74	1.68	27.93%	140.31%
NYMT	550.1M	285.4M	-16.71%	-37.84%	-3.99	1.93	11.05%	83.70%
IVR	446.8M	277.2M	2.46%	-8.50%	-54.48	1.61	25.89%	94.64%

Rexford Industrial Realty Inc News

Latest updates

Rexford Industrial Realty Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.7%	214	210	205	196	186	179	163	149	141	133	115	104	100	89.00	84.00	80.00	78.00	74.00	68.00	64.00	60.00
Costs and Expenses	-1.0%	134	135	127	121	120	118	106	97.00	91.00	88.00	78.00	71.00	70.00	62.00	59.00	56.00	55.00	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59.00	56.00	55.00	53.00	49.00	47.00	43.00
S&GA Expenses	0.0%	20.00	20.00	19.00	18.00	18.00	20.00	15.00	15.00	15.00	15.00	12.00	11.00	11.00	9.00	9.00	9.00	9.00	8.00	7.00	7.00	7.00
Interest Expenses	0.7%	15.00	15.00	16.00	17.00	14.00	14.00	15.00	10.00	10.00	10.00	10.00	10.00	10.00	9.00	7.00	7.00	7.00	7.00	7.00	6.00	6.00
Net Income	-4.6%	61.00	64.00	59.00	54.00	61.00	43.00	39.00	39.00	46.00	37.00	38.00	24.00	29.00	18.00	30.00	15.00	15.00	24.00	13.00	16.00	11.00
Net Income Margin	-3.0%	0.29*	0.30*	0.28*	0.27*	0.27*	0.27*	0.28*	0.30*	0.30*	0.28*	0.27*	0.27*	-	-	-	-	-	-	-	-	-
Free Cashflow	15.3%	134	116	109	83.00	120	67.00	98.00	71.00	92.00	52.00	78.00	65.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	13.3%	12,381	10,930	10,577	10,225	10,239	9,259	8,899	7,879	7,264	6,781	6,224	5,266	5,070	4,951	4,170	4,155	3,872	3,639	3,502	3,265	3,037
Cash Equivalents	907.5%	337	33.00	83.00	136	254	37.00	37.00	34.00	49.00	44.00	60.00	64.00	124	178	244	254	112	79.00	198	172	277
Liabilities	42.4%	3,966	2,786	2,734	2,671	2,681	2,336	2,352	2,027	1,876	1,713	1,696	1,433	1,422	1,421	1,100	1,089	1,094	1,016	1,016	901	899
Long Term Debt	50.5%	3,349	2,226	2,228	2,227	2,231	1,936	1,934	1,661	1,524	1,400	1,387	1,219	1,219	1,216	907	907	904	858	858	758	758
Shareholder's Equity	3.4%	8,034	7,767	7,472	7,555	7,558	6,923	6,546	5,852	5,388	5,068	4,528	3,833	3,648	3,531	3,070	3,066	2,779	2,622	2,487	2,365	2,138
Additional Paid-In Capital	3.7%	8,233	7,941	7,613	7,311	7,300	6,647	6,255	5,557	5,134	4,828	4,284	3,500	3,300	3,183	2,821	2,820	2,524	2,439	2,306	2,256	2,042
Shares Outstanding	2.6%	218	212	206	201	195	189	172	165	161	139	139	133	-	-	-	-	-	-	-	-	-
Minority Interest	1.1%	381	377	371	368	372	366	362	357	299	283	288	285	289	285	174	172	166	66.00	64.00	63.00	34.00
Float	-	-	-	-	10,500	-	-	-	9,800	-	-	-	7,800	-	-	-	5,100	-	-	-	4,416	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	15.3%	134	116	109	83.00	120	67.00	98.00	71.00	92.00	52.00	78.00	65.00	36.00	36.00	75.00	25.00	46.00	32.00	46.00	25.00	36.00
Share Based Compensation	-2.7%	9.00	9.00	8.00	8.00	8.00	10.00	6.00	6.00	6.00	6.00	5.00	4.00	4.00	2.00	3.00	4.00	4.00	3.00	3.00	3.00	3.00
Cashflow From Investing	-185.8%	-1,153	-403	-377	-129	-765	-393	-1,005	-578	-471	-560	-903	-276	-172	-765	-11.78	-147	-63.14	-257	-241	-308	-165
Cashflow From Financing	456.4%	1,324	238	215	-86.93	879	326	910	493	385	492	821	152	82.00	621	-32.12	264	50.00	107	209	190	225
Dividend Payments	2.8%	81.00	78.00	76.00	76.00	60.00	58.00	54.00	52.00	39.00	36.00	33.00	32.00	28.00	27.00	27.00	25.00	21.00	21.00	20.00	19.00	15.00

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REXR Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUES
Rental income	$ 210,990	$ 185,164
Management and leasing services	132	190
Interest income	2,974	882
TOTAL REVENUES	214,096	186,236
OPERATING EXPENSES
Property expenses	47,482	42,825
General and administrative	19,980	18,197
Depreciation and amortization	66,278	59,429
TOTAL OPERATING EXPENSES	133,740	120,451
OTHER EXPENSES
Other expenses	1,408	647
Interest expense	14,671	13,701
TOTAL EXPENSES	149,819	134,799
Gains on sale of real estate	0	12,133
NET INCOME	64,277	63,570
Less: net income attributable to noncontrolling interests	(2,906)	(3,064)
NET INCOME ATTRIBUTABLE TO REXFORD INDUSTRIAL REALTY, INC.	61,371	60,506
Less: preferred stock dividends	(2,314)	(2,314)
Less: earnings allocated to participating securities	(418)	(320)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ 58,639	$ 57,872
Net income attributable to common stockholders - basic (in dollars per share)	$ 0.27	$ 0.30
Net income attributable to common stockholders - diluted (in dollars per share)	$ 0.27	$ 0.30
Weighted average shares of common stock outstanding - basic (in shares)	214,401,661	195,366,969
Weighted average shares of common stock outstanding - diluted (in shares)	214,437,913	195,779,007

REXR Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Land	$ 7,568,720	$ 6,815,622
Buildings and improvements	4,260,512	3,933,379
Tenant improvements	172,707	167,251
Furniture, fixtures and equipment	132	132
Construction in progress	258,413	240,010
Total real estate held for investment	12,260,484	11,156,394
Accumulated depreciation	(827,576)	(782,461)
Investments in real estate, net	11,432,908	10,373,933
Cash and cash equivalents	336,960	33,444
Loan receivable, net	122,899	122,784
Rents and other receivables, net	17,896	17,494
Deferred rent receivable, net	130,694	123,325
Deferred leasing costs, net	61,017	59,351
Deferred loan costs, net	3,069	3,426
Acquired lease intangible assets, net	223,698	153,670
Acquired indefinite-lived intangible	5,156	5,156
Interest rate swap asset	16,737	9,896
Other assets	22,114	25,225
Acquisition related deposits	7,975	2,125
Total Assets	12,381,123	10,929,829
Liabilities
Notes payable	3,349,120	2,225,914
Accounts payable, accrued expenses and other liabilities	148,920	128,842
Dividends and distributions payable	94,356	83,733
Acquired lease intangible liabilities, net	171,687	147,561
Tenant security deposits	91,034	84,872
Tenant prepaid rents	110,727	115,002
Total Liabilities	3,965,844	2,785,924
Rexford Industrial Realty, Inc. stockholders’ equity
Common Stock, $0.01 par value per share, 489,950,000 authorized and 217,822,056 and 212,346,450 shares outstanding at March 31, 2024 and December 31, 2023, respectively	2,178	2,123
Additional paid-in capital	8,233,127	7,940,781
Cumulative distributions in excess of earnings	(370,720)	(338,835)
Accumulated other comprehensive income	13,922	7,172
Total stockholders’ equity	8,034,183	7,766,917
Noncontrolling interests	381,096	376,988
Total Equity	8,415,279	8,143,905
Total Liabilities and Equity	12,381,123	10,929,829
5.875% Series B Cumulative Redeemable Preferred Stock
Rexford Industrial Realty, Inc. stockholders’ equity
Preferred stock, $0.01 par value per share, 10,050,000 shares authorized:	72,443	72,443
5.625% Series C Cumulative Redeemable Preferred Stock
Rexford Industrial Realty, Inc. stockholders’ equity
Preferred stock, $0.01 par value per share, 10,050,000 shares authorized:	$ 83,233	$ 83,233

About Rexford Industrial Realty Inc

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 367 properties with approximately 44.5 million rentable square feet occupied by a stable and diverse tenant base. Structured as a real estate investment trust (REIT) listed on the New York Stock Exchange under the ticker "REXR," Rexford Industrial is an S&P MidCap 400 Index member.

CEO	Mr. Howard Schwimmer
WEBSITE	rexfordindustrial.com
INDUSTRY	REIT Mortgage
EMPLOYEES	223

Rexford Industrial Realty Inc Frequently Asked Questions

What is the ticker symbol for Rexford Industrial Realty Inc? What does REXR stand for in stocks?

REXR is the stock ticker symbol of Rexford Industrial Realty Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Rexford Industrial Realty Inc (REXR)?

As of Wed May 08 2024, market cap of Rexford Industrial Realty Inc is 9.79 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of REXR stock?

You can check REXR's fair value in chart for subscribers.

What is the fair value of REXR stock?

You can check REXR's fair value in chart for subscribers. The fair value of Rexford Industrial Realty Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Rexford Industrial Realty Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for REXR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Rexford Industrial Realty Inc a good stock to buy?

The fair value guage provides a quick view whether REXR is over valued or under valued. Whether Rexford Industrial Realty Inc is cheap or expensive depends on the assumptions which impact Rexford Industrial Realty Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for REXR.

What is Rexford Industrial Realty Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, REXR's PE ratio (Price to Earnings) is 40.97 and Price to Sales (PS) ratio is 11.85. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. REXR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Rexford Industrial Realty Inc's stock?

In the past 10 years, Rexford Industrial Realty Inc has provided 0.143 (multiply by 100 for percentage) rate of return.