REXR RSI Chart
Last 7 days
-0.9%
Last 30 days
-4.0%
Last 90 days
-9.4%
Trailing 12 Months
-8.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
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 DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 63.16 | 330,860 | 717,912 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | new | - | 16,830,000 | 16,830,000 | 0.06% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 4.45 | 256,619,000 | 1,625,880,000 | 0.04% |
Mar 05, 2024 | Fisher Asset Management, LLC | reduced | -10.68 | 54,938 | 3,628,720 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 140 | 67,120,000 | 105,865,000 | 0.01% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -1.96 | 1,642,800 | 15,996,300 | 0.07% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -4.97 | 262,000 | 3,536,000 | 0.03% |
Feb 22, 2024 | NAPA WEALTH MANAGEMENT | new | - | 297,798 | 297,798 | 0.16% |
Feb 22, 2024 | SUN LIFE FINANCIAL INC | unchanged | - | 1,687,000 | 14,017,000 | 0.85% |
Feb 20, 2024 | Quarry LP | added | 195 | 44,066 | 62,720 | 0.01% |
Unveiling Rexford Industrial Realty Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
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 | 92.0B | 11.1B | 67.33 | 8.26 | ||||
CCI | 45.8B | 7.0B | 30.53 | 6.57 | ||||
AVB | 26.1B | 2.8B | 28.1 | 9.43 | ||||
ARE | 21.9B | 2.9B | 211.79 | 7.61 | ||||
AMH | 13.1B | 1.6B | 30.39 | 8.17 | ||||
REG | 11.1B | 1.3B | 30.46 | 8.4 | ||||
BXP | 9.9B | 3.3B | 52.15 | 3.03 | ||||
MID-CAP | ||||||||
FRT | 8.4B | 1.1B | 35.55 | 7.44 | ||||
MAC | 3.7B | 884.1M | -13.45 | 4.17 | ||||
SLG | 3.5B | 899.4M | -6.17 | 3.87 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 441.2M | 20.37 | 2.99 | ||||
AIV | 1.2B | 198.2M | -7.47 | 5.93 | ||||
MFA | 1.1B | 605.6M | 14.31 | 1.89 | ||||
NYMT | 650.5M | 258.7M | -13.37 | 2.51 | ||||
IVR | 461.8M | 277.9M | -29.12 | 1.66 |
Rexford Industrial Realty Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.4% | 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 | 57.00 |
Costs and Expenses | 6.3% | 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 | 41.00 |
S&GA Expenses | 7.6% | 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 | 6.00 |
Interest Expenses | -8.6% | 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 | 7.00 |
Net Income | 9.1% | 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 | 15.00 |
Net Income Margin | 5.3% | 0.30* | 0.28* | 0.27* | 0.27* | 0.27* | 0.28* | 0.30* | 0.30* | 0.28* | 0.27* | 0.27* | 0.26* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 6.5% | 116 | 109 | 83.00 | 120 | 67.00 | 98.00 | 71.00 | 92.00 | 52.00 | 78.00 | 65.00 | 36.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 3.3% | 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 | 2,788 |
Cash Equivalents | -59.8% | 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 | 181 |
Liabilities | 1.9% | 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 | 879 |
Long Term Debt | -0.1% | 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 | 757 |
Shareholder's Equity | 3.9% | 7,767 | 7,472 | 7,555 | 7,558 | 6,557 | 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 | 1,908 |
Additional Paid-In Capital | 4.3% | 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 | 1,798 |
Shares Outstanding | 2.8% | 212 | 206 | 201 | 201 | 189 | 172 | 165 | 161 | 139 | 139 | 134 | 132 | - | - | - | - | - | - | - | - | - |
Minority Interest | 1.5% | 377 | 371 | 368 | 372 | 366 | 362 | 357 | 299 | 283 | 288 | 285 | 289 | 285 | 174 | 172 | 166 | 66.00 | 64.00 | 63.00 | 34.00 | 32.00 |
Float | - | - | - | 10,500 | - | - | - | 9,800 | - | - | - | 7,800 | - | - | - | 5,100 | - | - | - | 4,416 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 6.5% | 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 | 22.00 |
Share Based Compensation | 14.4% | 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 | 2.00 |
Cashflow From Investing | -7.1% | -403 | -377 | -129 | -765 | -393 | -1,005 | -578 | -471 | -560 | -903 | -276 | -172 | -765 | -11.78 | -147 | -63.14 | -257 | -241 | -308 | -165 | -138 |
Cashflow From Financing | 10.5% | 238 | 215 | -86.93 | 879 | 326 | 910 | 493 | 385 | 492 | 821 | 152 | 82.00 | 621 | -32.12 | 264 | 50.00 | 107 | 209 | 190 | 225 | 114 |
Dividend Payments | 2.7% | 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 | 15.00 |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
REVENUES | |||
Rental income | $ 791,383 | $ 630,578 | $ 451,733 |
Management and leasing services | 682 | 616 | 468 |
Interest income | 5,761 | 10 | 37 |
TOTAL REVENUES | 797,826 | 631,204 | 452,238 |
OPERATING EXPENSES | |||
Property expenses | 184,479 | 150,503 | 107,721 |
General and administrative | 75,027 | 64,264 | 48,990 |
Depreciation and amortization | 244,510 | 196,794 | 151,269 |
TOTAL OPERATING EXPENSES | 504,016 | 411,561 | 307,980 |
OTHER EXPENSES | |||
Other expenses | 1,820 | 1,561 | 1,297 |
Interest expense | 61,400 | 48,496 | 40,139 |
TOTAL EXPENSES | 567,236 | 461,618 | 349,416 |
Loss on extinguishment of debt | 0 | (915) | (505) |
Gains on sale of real estate | 19,001 | 8,486 | 33,929 |
NET INCOME | 249,591 | 177,157 | 136,246 |
Less: net income attributable to noncontrolling interests | (11,575) | (9,573) | (8,005) |
NET INCOME ATTRIBUTABLE TO REXFORD INDUSTRIAL REALTY, INC. | 238,016 | 167,584 | 128,241 |
Less: preferred stock dividends | (9,258) | (9,258) | (12,563) |
Preferred Stock Redemption Premium | 0 | 0 | (3,349) |
Less: earnings allocated to participating securities | (1,309) | (845) | (568) |
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS | $ 227,449 | $ 157,481 | $ 111,761 |
Net income attributable to common stockholders per share - basic (in dollars per share) | $ 1.12 | $ 0.92 | $ 0.80 |
Net income attributable to common stockholders per share - diluted (in dollars per share) | $ 1.12 | $ 0.92 | $ 0.80 |
Weighted average shares of common stock outstanding - basic (in shares) | 202,883,704 | 170,467,365 | 139,294,882 |
Weighted average shares of common stock outstanding - diluted (in shares) | 203,110,993 | 170,978,272 | 140,075,689 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Land | $ 6,815,622 | $ 5,841,195 |
Buildings and improvements | 3,933,379 | 3,370,494 |
Tenant improvements | 167,251 | 147,632 |
Furniture, fixtures, and equipment | 132 | 132 |
Construction in progress | 240,010 | 110,934 |
Total real estate held for investment | 11,156,394 | 9,470,387 |
Accumulated depreciation | (782,461) | (614,332) |
Investments in real estate, net | 10,373,933 | 8,856,055 |
Cash and cash equivalents | 33,444 | 36,786 |
Loan receivable, net | 122,784 | 0 |
Rents and other receivables, net | 17,494 | 15,227 |
Deferred rent receivable, net | 123,325 | 88,144 |
Deferred leasing costs, net | 59,351 | 45,080 |
Deferred loan costs, net | 3,426 | 4,829 |
Acquired lease intangible assets, net | 153,670 | 169,986 |
Acquired indefinite-lived intangible | 5,156 | 5,156 |
Interest rate swap asset | 9,896 | 11,422 |
Other assets | 25,225 | 24,973 |
Acquisition related deposits | 2,125 | 1,625 |
Total Assets | 10,929,829 | 9,259,283 |
Liabilities | ||
Notes payable | 2,225,914 | 1,936,381 |
Accounts payable, accrued expenses and other liabilities | 128,842 | 97,496 |
Dividends and distributions payable | 83,733 | 62,033 |
Acquired lease intangible liabilities, net | 147,561 | 147,384 |
Tenant security deposits | 84,872 | 71,935 |
Tenant prepaid rents | 115,002 | 20,712 |
Total Liabilities | 2,785,924 | 2,335,941 |
Rexford Industrial Realty, Inc. stockholders’ equity | ||
Common Stock, $0.01 par value per share, 489,950,000 authorized and 212,346,450 and 189,114,129 shares outstanding at December 31, 2023 and December 31, 2022, respectively | 2,123 | 1,891 |
Additional paid-in capital | 7,940,781 | 6,646,867 |
Cumulative distributions in excess of earnings | (338,835) | (255,743) |
Accumulated other comprehensive income | 7,172 | 8,247 |
Total stockholders’ equity | 7,766,917 | 6,556,938 |
Noncontrolling interests | 376,988 | 366,404 |
Total Equity | 8,143,905 | 6,923,342 |
Total Liabilities and Equity | 10,929,829 | 9,259,283 |
5.875% series B cumulative redeemable preferred stock, 3,000,000 shares outstanding at December 31, 2023 and December 31, 2022 ($75,000 liquidation preference) | ||
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, 3,450,000 shares outstanding at December 31, 2023 and December 31, 2022 ($86,250 liquidation preference) | ||
Rexford Industrial Realty, Inc. stockholders’ equity | ||
Preferred stock, $0.01 par value per share, 10,050,000 shares authorized: | $ 83,233 | $ 83,233 |