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Rexford Industrial Realty (REXR)
NYSE:REXR
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REXR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$41.56 - $58.02
Previous Close$51.26
Volume1.34M
Average Volume (3M)1.60M
Market Cap
$11.25B
Enterprise Value$14.87B
Total Cash (Recent Filing)$125.71M
Total Debt (Recent Filing)$3.35B
Price to Earnings (P/E)42.4
Beta1.15
Next Earnings
Oct 16, 2024EPS Estimate
$0.28Next Dividend Ex-Date
Sep 30, 2024Dividend Yield3.11%
Share Statistics
EPS (TTM)1.21
Shares Outstanding219,491,734
10 Day Avg. Volume1,825,473
30 Day Avg. Volume1,596,822
Standard Deviation0.08
R-Squared0.35
Alpha-0.00402
Financial Highlights & Ratios
Price to Book (P/B)1.43
Price to Sales (P/S)12.96
Price to Cash Flow (P/CF)27.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.14
Enterprise Value/Gross Profit24.24
Enterprise Value/Ebitda24.77
Forecast
1Y Price Target
$53.00Price Target Upside3.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Rexford Industrial Realty News
Bulls Say, Bears Say
Bulls Say
AcquisitionsThe company recently completed a $1 billion acquisition of industrial assets from Blackstone, enhancing its portfolio and market position.
Financial PerformanceThe company reported Core FFO numbers of $0.60, an 11.1% increase year-over-year, surpassing consensus estimates.
Market PositionRexford Industrial invests in Southern California, the largest industrial market in the US, known for its consistently high demand and low supply.
Bears Say
Market Rent GrowthMarket rent growth in S. CA will continue to be under pressure as conditions normalize from a meteoric rise post pandemic.
Market RentsMarket rents for the company's comparable product were down 2% sequentially with the Inland Empire lagging other markets.
Portfolio Market RentsPortfolio market rents were noted to be down -2% q/q with notable weakness in the IE West submarket.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
REXR FAQ
What was Rexford Industrial Realty’s price range in the past 12 months?
Rexford Industrial Realty lowest stock price was $41.56 and its highest was $58.02 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 Oct 16, 2024 which is in 27 days.
How were Rexford Industrial Realty’s earnings last quarter?
Rexford Industrial Realty released its earnings results on Jul 17, 2024. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.272 by $0.098.
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 3.11%. See more information on Rexford Industrial Realty dividends here
What is Rexford Industrial Realty’s EPS estimate?
Rexford Industrial Realty’s EPS estimate is $0.28.
How many shares outstanding does Rexford Industrial Realty have?
Rexford Industrial Realty has 219,521,470 shares outstanding.
What happened to Rexford Industrial Realty’s price movement after its last earnings report?
Rexford Industrial Realty reported an EPS of $0.37 in its last earnings report, beating expectations of $0.272. Following the earnings report the stock price went down -1.711%.
Which hedge fund is a major shareholder of Rexford Industrial Realty?
Among the largest hedge funds holding Rexford Industrial Realty’s share is AEW Capital Management, L.P.. It holds Rexford Industrial Realty’s shares valued at 10M.
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Rexford Industrial Realty Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$53.00 (3.88% Upside)
$53.00 (3.88% Upside)
Blogger Sentiment
Bullish
REXR Sentiment 95%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.98%
12-Months-Change
Fundamentals
Return on Equity
3.49%
Trailing 12-Months
Asset Growth
20.95%
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
Q2 2024
0:00 / 0:00
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REXR Stock 12 Month Forecast
Average Price Target
$53.00
▲(3.88% Upside)
Technical Analysis
Best Analysts Covering REXR
1 Year
1 Year Success Rate
17/19 ratings generated profit
1 Year Average Return
+21.40%
reiterated a buy rating 7 months ago
Copying Jonathan Petersen's trades and holding each position for 1 Year would result in 89.47% of your transactions generating a profit, with an average return of +21.40% per trade.
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