Last 7 days
-0.4%
Last 30 days
-1.2%
Last 90 days
-11.8%
Trailing 12 Months
-16.1%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 50.6B | 4.3B | 2.15% | -9.25% | 11.63 | 11.76 | 18.80% | 113.99% |
DLR | 30.7B | 4.9B | 11.09% | -20.60% | 82.21 | 6.26 | 9.82% | -73.28% |
EQR | 23.9B | 2.0B | 1.22% | -17.50% | 26.03 | 12.09 | -20.93% | -31.79% |
ARE | 19.7B | 2.7B | -5.04% | -29.61% | 26.3 | 7.37 | 18.91% | 81.13% |
KIM | 13.2B | 1.7B | -4.07% | -25.83% | 104.43 | 7.61 | 15.49% | -81.09% |
MID-CAP | ||||||||
FRT | 7.4B | 1.1B | -5.20% | -18.16% | 19.11 | 6.81 | 10.19% | 46.60% |
KRG | 4.4B | 814.4M | -1.62% | -1.09% | 480.55 | 5.4 | 63.41% | 107.43% |
VNO | 2.7B | 1.8B | 5.65% | -56.49% | -7.41 | 1.51 | 9.23% | -286.27% |
MAC | 2.2B | 857.9M | -0.88% | -10.58% | -24.97 | 2.55 | -1.75% | -315.36% |
SMALL-CAP | ||||||||
SKT | 2.2B | 421.5M | 12.13% | 24.54% | 24.84 | 5.24 | 1.34% | 437.34% |
SLG | 1.6B | 862.4M | 10.30% | -57.28% | -12.39 | 1.8 | 7.01% | -127.00% |
AIV | 1.3B | 184.6M | 12.03% | 36.81% | 13.6 | 6.79 | 2.55% | 1950.56% |
PGRE | 979.6M | 745.2M | 2.04% | -49.37% | -25.75 | 1.31 | 2.17% | -183.81% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | 7.2% | 677 | 631 | 585 | 538 | 493 |
S&GA Expenses | 5.4% | 68.00 | 64.00 | 60.00 | 56.00 | 52.00 |
Interest Expenses | 8.3% | 53.00 | 48.00 | 45.00 | 41.00 | 40.00 |
Net Income | 8.4% | 182 | 168 | 162 | 160 | 146 |
Net Income Margin | -3.8% | 0.27* | 0.28* | 0.30* | 0.30* | - |
Free Cahsflow | 4.9% | 328 | 312 | 293 | 287 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | 10.6% | 10,239 | 9,259 | 8,899 | 7,879 | 7,264 |
Cash Equivalents | 589.4% | 254 | 37.00 | 37.00 | 34.00 | 49.00 |
Liabilities | 14.8% | 2,681 | 2,336 | 2,352 | 2,027 | 1,876 |
Long Term Debt | 15.2% | 2,231 | 1,936 | 1,934 | 1,661 | 1,524 |
Shareholder's Equity | 9.6% | 7,187 | 6,557 | 6,184 | 5,852 | 5,388 |
Additional Paid-In Capital | 9.8% | 7,300 | 6,647 | 6,255 | 5,557 | 5,134 |
Shares Outstanding | 6.2% | 201 | 189 | 183 | 171 | 161 |
Minority Interest | 1.4% | 372 | 366 | 362 | 357 | 299 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | 8.5% | 356 | 328 | 312 | 293 | 287 |
Share Based Compensation | 7.5% | 31.00 | 28.00 | 25.00 | 23.00 | 21.00 |
Cashflow From Investing | -12.0% | -2,743 | -2,449 | -2,615 | -2,513 | -2,211 |
Cashflow From Financing | 23.4% | 2,609 | 2,114 | 2,280 | 2,191 | 1,850 |
Dividend Payments | 10.4% | 223 | 202 | 181 | 160 | 140 |
40.8%
30.8%
0%
Y-axis is the maximum loss one would have experienced if Rexford Industrial Realty was unfortunately bought at previous high price.
17.4%
13.4%
12.3%
FIve years rolling returns for Rexford Industrial Realty.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-06-01 | MACQUARIE GROUP LTD | added | 255 | 30,935,400 | 41,684,400 | 0.05% |
2023-06-01 | PRELUDE CAPITAL MANAGEMENT, LLC | reduced | -19.4 | -358,717 | 2,628,180 | 0.16% |
2023-05-26 | ProShare Advisors LLC | reduced | -67.55 | -1,223,580 | 671,122 | -% |
2023-05-23 | Toroso Investments, LLC | added | 226 | 3,543,000 | 4,922,000 | 0.08% |
2023-05-23 | Brookfield Corp /ON/ | reduced | -24.99 | -10,891,400 | 49,238,600 | 0.19% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -29.57 | -5,198,850 | 19,089,100 | 0.01% |
2023-05-19 | Anson Funds Management LP | added | 253 | 2,969,030 | 4,006,090 | 0.33% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | added | 7.29 | 1,721,000 | 11,769,000 | 0.02% |
2023-05-18 | JPMORGAN CHASE & CO | reduced | -8.97 | -1,203,000 | 191,666,000 | 0.02% |
2023-05-17 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 0.39 | 657,432 | 12,638,200 | 0.13% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Feb 06, 2023 | state street corp | 5.09% | 9,940,633 | SC 13G/A | |
Jan 23, 2023 | blackrock inc. | 12.3% | 23,960,942 | SC 13G/A | |
Feb 15, 2022 | principal real estate investors llc | 5.5% | 8,338,119 | SC 13G | |
Feb 04, 2022 | wellington management group llp | 4.78% | 7,239,736 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 13.1% | 19,810,848 | SC 13G/A | |
Jan 26, 2022 | blackrock inc. | 13.1% | 19,810,848 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
May 15, 2023 | 8-K | Current Report | |
May 12, 2023 | 424B5 | Prospectus Filed | |
May 10, 2023 | 424B5 | Prospectus Filed | |
May 02, 2023 | 4 | Insider Trading | |
Apr 28, 2023 | 144 | Notice of Insider Sale Intent | |
Apr 25, 2023 | 4 | Insider Trading | |
Apr 24, 2023 | 10-Q | Quarterly Report | |
Apr 19, 2023 | 8-K | Current Report | |
Apr 18, 2023 | ARS | ARS | |
Apr 17, 2023 | DEF 14A | DEF 14A |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-04-28 | Schwimmer Howard | sold | -1,986,090 | 55.9384 | -35,505 | co-ceo, co-president |
2023-04-21 | Schwimmer Howard | acquired | - | - | 35,505 | co-ceo, co-president |
2023-03-14 | Lanzer David E. | sold | -975,891 | 58.1649 | -16,778 | general counsel & secretary |
2023-03-13 | Lanzer David E. | acquired | - | - | 16,778 | general counsel & secretary |
2022-11-05 | Schwimmer Howard | gifted | - | - | -222 | co-ceo, co-president |
2022-09-01 | CLARK LAURA E | sold (taxes) | -33,101 | 62.22 | -532 | chief financial officer |
2022-08-01 | Schwimmer Howard | sold | -1,001,860 | 65.2675 | -15,350 | co-ceo, co-president |
2022-07-25 | Schwimmer Howard | sold | -1,019,360 | 62.1486 | -16,402 | co-ceo, co-president |
2022-07-19 | Schwimmer Howard | gifted | - | - | -119 | co-ceo, co-president |
2022-06-15 | Schwimmer Howard | sold | -988,408 | 59.9035 | -16,500 | co-ceo, co-president |
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
REVENUES | ||
Rental income | $ 185,164 | $ 140,588 |
Management and leasing services | 190 | 163 |
Interest income | 882 | 1 |
TOTAL REVENUES | 186,236 | 140,752 |
OPERATING EXPENSES | ||
Property expenses | 42,825 | 33,429 |
General and administrative | 18,197 | 14,717 |
Depreciation and amortization | 59,429 | 42,471 |
TOTAL OPERATING EXPENSES | 120,451 | 90,617 |
OTHER EXPENSES | ||
Other expenses | 647 | 38 |
Interest expense | 13,701 | 9,683 |
TOTAL EXPENSES | 134,799 | 100,338 |
Gains on sale of real estate | 12,133 | 8,486 |
NET INCOME | 63,570 | 48,900 |
Less: net income attributable to noncontrolling interests | (3,064) | (2,484) |
NET INCOME ATTRIBUTABLE TO REXFORD INDUSTRIAL REALTY, INC. | 60,506 | 46,416 |
Less: preferred stock dividends | (2,314) | (2,314) |
Less: earnings allocated to participating securities | (320) | (201) |
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS | $ 57,872 | $ 43,901 |
Net income attributable to common stockholders - basic (in dollars per share) | $ 0.30 | $ 0.27 |
Net income attributable to common stockholders - diluted (in dollars per share) | $ 0.30 | $ 0.27 |
Weighted average shares of common stock outstanding - basic (in shares) | 195,366,969 | 160,628,843 |
Weighted average shares of common stock outstanding - diluted (in shares) | 195,779,007 | 161,048,592 |
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Land | $ 6,334,926 | $ 5,841,195 |
Buildings and improvements | 3,671,384 | 3,370,494 |
Tenant improvements | 153,019 | 147,632 |
Furniture, fixtures and equipment | 132 | 132 |
Construction in progress | 102,633 | 110,934 |
Total real estate held for investment | 10,262,094 | 9,470,387 |
Accumulated depreciation | (652,722) | (614,332) |
Investments in real estate, net | 9,609,372 | 8,856,055 |
Cash and cash equivalents | 253,618 | 36,786 |
Restricted cash | 16,239 | 0 |
Rents and other receivables, net | 13,845 | 15,227 |
Deferred rent receivable, net | 94,980 | 88,144 |
Deferred leasing costs, net | 47,739 | 45,080 |
Deferred loan costs, net | 4,474 | 4,829 |
Acquired lease intangible assets, net | 161,339 | 169,986 |
Acquired indefinite-lived intangible | 5,156 | 5,156 |
Interest rate swap asset | 6,947 | 11,422 |
Other assets | 21,811 | 24,973 |
Acquisition related deposits | 3,625 | 1,625 |
Total Assets | 10,239,145 | 9,259,283 |
Liabilities | ||
Notes payable | 2,230,687 | 1,936,381 |
Interest rate swap liability | 835 | 0 |
Accounts payable, accrued expenses and other liabilities | 110,272 | 97,496 |
Dividends and distributions payable | 79,370 | 62,033 |
Acquired lease intangible liabilities, net | 138,339 | 147,384 |
Tenant security deposits | 77,029 | 71,935 |
Prepaid rents | 44,303 | 20,712 |
Total Liabilities | 2,680,835 | 2,335,941 |
Rexford Industrial Realty, Inc. stockholders’ equity | ||
Common Stock, $0.01 par value per share, 489,950,000 authorized and 200,784,130 and 189,114,129 shares outstanding at March 31, 2023 and December 31, 2022, respectively | 2,008 | 1,891 |
Additional paid-in capital | 7,299,837 | 6,646,867 |
Cumulative distributions in excess of earnings | (273,849) | (255,743) |
Accumulated other comprehensive income | 3,117 | 8,247 |
Total stockholders’ equity | 7,186,789 | 6,556,938 |
Noncontrolling interests | 371,521 | 366,404 |
Total Equity | 7,558,310 | 6,923,342 |
Total Liabilities and Equity | 10,239,145 | 9,259,283 |
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 |