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REXR

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

44.02USD-1.06 (-2.35%)Market Closed

Market Summary

REXR
USD44.02-1.06
Market Closed
-2.35%

REXR Stock Price

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REXR RSI Chart

REXR Valuation

Market Cap

9.6B

Price/Earnings (Trailing)

40.15

Price/Sales (Trailing)

11.62

Price/Free Cashflow

21.71

REXR Price/Sales (Trailing)

REXR Profitability

Return on Equity

2.97%

Return on Assets

1.93%

Free Cashflow Yield

4.61%

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

-1.5%

Last 30 days

-5.0%

Last 90 days

-13.1%

Trailing 12 Months

-18.0%

How does REXR drawdown profile look like?

REXR Financial Health

Debt/Equity

0.42

Debt/Cashflow

0.13

REXR Investor Care

Dividend Yield

3.45%

Dividend/Share (TTM)

1.52

Shares Dilution (1Y)

8.41%

Diluted EPS (TTM)

1.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024825.7M000
2023676.7M723.3M766.0M797.8M
2022493.2M538.0M585.3M631.2M
2021352.2M376.6M408.2M452.2M
2020284.5M300.1M315.9M330.1M
2019224.3M237.0M249.8M267.2M
2018174.5M189.5M201.4M212.5M
2017134.0M140.2M150.3M161.4M
2016100.1M108.0M117.6M126.2M
201574.2M82.0M87.6M93.9M
201446.1M50.3M59.4M66.6M
201300040.7M
20120000
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Tracking the Latest Insider Buys and Sells of Rexford Industrial Realty Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 11, 2024
morris debra l
acquired
-
-
3,357
-
Jun 11, 2024
ingram diana j
acquired
-
-
3,357
-
Jun 11, 2024
kleiman angela l.
acquired
-
-
3,357
-
Jun 11, 2024
rose tyler h
acquired
-
-
3,357
-
Jun 11, 2024
ziman richard s
acquired
-
-
3,357
-
Jun 11, 2024
antin robert l
acquired
-
-
3,357
-
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

1–10 of 50

Which funds bought or sold REXR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 14, 2024
LASALLE INVESTMENT MANAGEMENT SECURITIES LLC
reduced
-12.36
-13,781,400
50,564,300
2.08%
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
1,252
36,070
39,941
-%
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
added
32.00
2,682,000
17,296,000
0.14%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
23.8
247,000
3,089,000
0.01%
May 29, 2024
Pathway Financial Advisers, LLC
new
-
9,475
9,475
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
11.26
-9,000
3,527,000
0.03%
May 28, 2024
Boston Partners
added
4.26
-10,183,000
145,353,000
0.17%
May 24, 2024
Cetera Investment Advisers
new
-
485,345
485,345
-%
May 24, 2024
PGGM Investments
added
3.88
-9,005,000
122,326,000
1.77%
May 20, 2024
Virtu Financial LLC
new
-
607,000
607,000
0.05%

1–10 of 48

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 FiledName of FilerPercent of ClassNo. of SharesForm Type
May 10, 2024
price t rowe associates inc /md/
11.0%
23,958,111
SC 13G/A
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

Recent SEC filings of Rexford Industrial Realty Inc

View All Filings
Date Filed Form Type Document
Jun 17, 2024
8-K
Current Report
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
8-K
Current Report
May 10, 2024
SC 13G/A
Major Ownership Report
Apr 22, 2024
10-Q
Quarterly Report

Peers (Alternatives to Rexford Industrial Realty Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
90.0B
11.2B
-0.88% -0.05%
45.61
8.03
3.63% 50.79%
41.4B
6.8B
-7.30% -16.78%
29.72
6.05
-2.39% -16.60%
28.7B
2.8B
1.65% 5.06%
30.09
10.24
5.72% -6.46%
20.2B
3.0B
-6.87% 0.16%
103.01
6.85
10.44% -73.79%
13.2B
-
-1.69% 2.12%
31.36
8.16
8.93% 11.87%
11.3B
1.4B
0.44% 0.03%
29.97
8.26
10.48% -2.04%
MID-CAP
9.7B
3.3B
-1.88% 12.66%
50.66
2.94
4.82% -75.15%
8.4B
1.2B
-1.31% 6.49%
35.14
7.28
5.48% -38.69%
3.7B
913.7M
8.30% 119.66%
-7.27
4.07
1.13% -307.54%
3.2B
878.0M
-4.70% 30.83%
-9.34
3.64
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-5.10% 10.56%
19.33
2.99
3.54% 8.91%
1.2B
198.2M
-3.02% -3.02%
-7.32
6.02
-43.33% -308.08%
1.1B
650.2M
-0.64% -4.95%
36.54
1.72
27.93% 140.31%
550.1M
285.4M
-3.83% -39.34%
-4.32
1.93
11.05% 83.70%
451.6M
277.2M
-1.70% -17.92%
-55.08
1.63
25.89% 94.64%

Rexford Industrial Realty Inc News

Latest updates
Defense World4 hours ago
Yahoo New Zealand News15 Jun 202412:28 am

Rexford Industrial Realty Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.7%21421020519618617916314914113311510410089.0084.0080.0078.0074.0068.0064.0060.00
Costs and Expenses-1.0%13413512712112011810697.0091.0088.0078.0071.0070.0062.0059.0056.0055.00----
Operating Expenses---------------59.0056.0055.0053.0049.0047.0043.00
  S&GA Expenses0.0%20.0020.0019.0018.0018.0020.0015.0015.0015.0015.0012.0011.0011.009.009.009.009.008.007.007.007.00
Interest Expenses0.7%15.0015.0016.0017.0014.0014.0015.0010.0010.0010.0010.0010.0010.009.007.007.007.007.007.006.006.00
Net Income-4.6%61.0064.0059.0054.0061.0043.0039.0039.0046.0037.0038.0024.0029.0018.0030.0015.0015.0024.0013.0016.0011.00
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 Cashflow15.3%13411610983.0012067.0098.0071.0092.0052.0078.0065.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets13.3%12,38110,93010,57710,22510,2399,2598,8997,8797,2646,7816,2245,2665,0704,9514,1704,1553,8723,6393,5023,2653,037
    Cash Equivalents907.5%33733.0083.0013625437.0037.0034.0049.0044.0060.0064.0012417824425411279.00198172277
Liabilities42.4%3,9662,7862,7342,6712,6812,3362,3522,0271,8761,7131,6961,4331,4221,4211,1001,0891,0941,0161,016901899
  Long Term Debt50.5%3,3492,2262,2282,2272,2311,9361,9341,6611,5241,4001,3871,2191,2191,216907907904858858758758
Shareholder's Equity3.4%8,0347,7677,4727,5557,5586,9236,5465,8525,3885,0684,5283,8333,6483,5313,0703,0662,7792,6222,4872,3652,138
  Additional Paid-In Capital3.7%8,2337,9417,6137,3117,3006,6476,2555,5575,1344,8284,2843,5003,3003,1832,8212,8202,5242,4392,3062,2562,042
Shares Outstanding2.6%218212206201195189172165161139139133---------
Minority Interest1.1%38137737136837236636235729928328828528928517417216666.0064.0063.0034.00
Float----10,500---9,800---7,800---5,100---4,416-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations15.3%13411610983.0012067.0098.0071.0092.0052.0078.0065.0036.0036.0075.0025.0046.0032.0046.0025.0036.00
  Share Based Compensation-2.7%9.009.008.008.008.0010.006.006.006.006.005.004.004.002.003.004.004.003.003.003.003.00
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 Financing456.4%1,324238215-86.9387932691049338549282115282.00621-32.1226450.00107209190225
  Dividend Payments2.8%81.0078.0076.0076.0060.0058.0054.0052.0039.0036.0033.0032.0028.0027.0027.0025.0021.0021.0020.0019.0015.00
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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 services132190
Interest income2,974882
TOTAL REVENUES214,096186,236
OPERATING EXPENSES  
Property expenses47,48242,825
General and administrative19,98018,197
Depreciation and amortization66,27859,429
TOTAL OPERATING EXPENSES133,740120,451
OTHER EXPENSES  
Other expenses1,408647
Interest expense14,67113,701
TOTAL EXPENSES149,819134,799
Gains on sale of real estate012,133
NET INCOME64,27763,570
Less: net income attributable to noncontrolling interests(2,906)(3,064)
NET INCOME ATTRIBUTABLE TO REXFORD INDUSTRIAL REALTY, INC.61,37160,506
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)214,401,661195,366,969
Weighted average shares of common stock outstanding - diluted (in shares)214,437,913195,779,007

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 improvements4,260,5123,933,379
Tenant improvements172,707167,251
Furniture, fixtures and equipment132132
Construction in progress258,413240,010
Total real estate held for investment12,260,48411,156,394
Accumulated depreciation(827,576)(782,461)
Investments in real estate, net11,432,90810,373,933
Cash and cash equivalents336,96033,444
Loan receivable, net122,899122,784
Rents and other receivables, net17,89617,494
Deferred rent receivable, net130,694123,325
Deferred leasing costs, net61,01759,351
Deferred loan costs, net3,0693,426
Acquired lease intangible assets, net223,698153,670
Acquired indefinite-lived intangible5,1565,156
Interest rate swap asset16,7379,896
Other assets22,11425,225
Acquisition related deposits7,9752,125
Total Assets12,381,12310,929,829
Liabilities  
Notes payable3,349,1202,225,914
Accounts payable, accrued expenses and other liabilities148,920128,842
Dividends and distributions payable94,35683,733
Acquired lease intangible liabilities, net171,687147,561
Tenant security deposits91,03484,872
Tenant prepaid rents110,727115,002
Total Liabilities3,965,8442,785,924
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, respectively2,1782,123
Additional paid-in capital8,233,1277,940,781
Cumulative distributions in excess of earnings(370,720)(338,835)
Accumulated other comprehensive income13,9227,172
Total stockholders’ equity8,034,1837,766,917
Noncontrolling interests381,096376,988
Total Equity8,415,2798,143,905
Total Liabilities and Equity12,381,12310,929,829
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:72,44372,443
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
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 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
 WEBSITErexfordindustrial.com
 INDUSTRYREIT Mortgage
 EMPLOYEES223

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 Tue Jun 18 2024, market cap of Rexford Industrial Realty Inc is 9.59 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 Tue Jun 18 2024, REXR's PE ratio (Price to Earnings) is 40.15 and Price to Sales (PS) ratio is 11.62. 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 0.141 (multiply by 100 for percentage) rate of return.