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REXR

Rexford Industrial Realty Inc

REXR

52.18USD+0.29 (+0.56%)Market Closed
Watchlist

Market Summary

USD52.18+0.29
Market Closed
0.56%

REXR Alerts

  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

REXR Stock Price

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REXR RSI Chart

REXR Valuation

Market Cap

10.8B

Price/Earnings (Trailing)

49.66

Price/Sales (Trailing)

14.07

Price/Free Cashflow

28.48

REXR Price/Sales (Trailing)

REXR Profitability

Return on Equity

2.53%

Return on Assets

1.77%

Free Cashflow Yield

3.51%

REXR Fundamentals

REXR Revenue

Revenue (TTM)

766.0M

Revenue Y/Y

26.21%

Revenue Q/Q

4.92%

REXR Earnings

Earnings (TTM)

216.9M

Earnings Y/Y

50.12%

Earnings Q/Q

8.81%

Price Action

Last 7 days

6.0%

Last 30 days

15.9%

Last 90 days

-1.9%

Trailing 12 Months

-3.3%

How does REXR drawdown profile look like?

REXR Financial Health

Debt/Equity

0.31

Debt/Cashflow

0.16

REXR Investor Care

Dividend Yield

2.79%

Dividend/Share (TTM)

1.46

Shares Dilution (1Y)

20.11%

Diluted EPS (TTM)

1.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023676.7M723.3M766.0M0
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
20130000
20120000

Latest Insider Trading transactions for REXR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
morris debra l
acquired
-
-
2,843
-
Jun 05, 2023
ziman richard s
acquired
-
-
2,843
-
Jun 05, 2023
antin robert l
acquired
-
-
2,843
-
Jun 05, 2023
kleiman angela l.
acquired
-
-
2,843
-
Jun 05, 2023
ingram diana j
acquired
-
-
2,843
-
Jun 05, 2023
rose tyler h
acquired
-
-
2,843
-
Apr 28, 2023
schwimmer howard
sold
-1,986,090
55.9384
-35,505
co-ceo, co-president

1–10 of 50

Which funds bought or sold REXR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
DigitalBridge Group, Inc.
reduced
-65.01
-20,695,600
10,224,100
1.18%
Dec 06, 2023
CITIGROUP INC
added
63.9
1,820,690
5,137,480
-%
Nov 30, 2023
Neo Ivy Capital Management
sold off
-100
-486,000
-
-%
Nov 27, 2023
USA FINANCIAL FORMULAS
unchanged
-
-14.00
247
-%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-52.83
-3,474,780
2,794,590
-%
Nov 22, 2023
KBC Group NV
unchanged
-
-
5,065,000
0.02%
Nov 22, 2023
Aurora Investment Counsel
sold off
-100
-759,749
-
-%
Nov 21, 2023
Walleye Trading LLC
reduced
-58.4
-2,199,860
1,424,880
-%
Nov 21, 2023
COMERICA BANK
new
-
6,029,920
6,029,920
0.03%
Nov 21, 2023
Walleye Capital LLC
added
29.08
3,519,710
19,531,200
0.05%

1–10 of 49

Latest Funds Activity

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

Schedule 13G FIlings of Rexford Industrial Realty Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Recent SEC filings of Rexford Industrial Realty Inc

View All Filings
Date Filed Form Type Document
Dec 04, 2023
4
Insider Trading
Oct 24, 2023
8-K
Current Report
Oct 23, 2023
S-3ASR
S-3ASR
Oct 23, 2023
424B5
Prospectus Filed
Oct 23, 2023
10-Q
Quarterly Report
Oct 18, 2023
8-K
Current Report
Sep 06, 2023
4
Insider Trading

REXR Fair Value

Loading...

Peers (Alternatives to Rexford Industrial Realty Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
98.2B
11.1B
13.63% -0.18%
154.16
8.88
5.85% -77.77%
51.1B
7.1B
21.86% -13.21%
32.91
7.22
2.84% -3.84%
24.9B
2.7B
4.75% 4.39%
26.84
9.11
8.23% -24.59%
20.0B
2.8B
22.40% -16.22%
26.64
7.46
12.15% -54.56%
12.5B
-
-0.14% 7.08%
29.95
7.71
-74.13% 64.54%
MID-CAP
10.1B
3.2B
16.43% -0.58%
55.65
3.14
6.05% -80.01%
10.0B
1.3B
5.52% -3.50%
20.64
8.14
5.88% -18.75%
8.1B
1.1B
6.38% -7.65%
28
7.21
6.86% -24.99%
2.8B
873.6M
24.41% 4.20%
-8.48
3.25
1.54% -294.39%
2.8B
674.9M
29.58% 32.65%
-5.89
4.13
9.26% -627.28%
SMALL-CAP
1.3B
-
12.41% -19.29%
20.5
2.65
3.89% 17.90%
1.1B
578.6M
12.50% -1.61%
-389.64
1.93
29.91% 98.52%
1.0B
339.3M
11.39% -11.85%
-5.74
2.79
88.48% -168.70%
810.7M
242.8M
11.89% -16.10%
-6.33
3.34
-1.99% 43.00%
396.9M
274.5M
7.34% -36.26%
-60.16
1.45
54.00% 98.69%

Rexford Industrial Realty Inc News

Latest updates
MarketBeat07 Dec 202301:12 pm20 hours ago
Defense World07 Dec 202307:09 am26 hours ago
Stocks Register06 Dec 202303:06 pm42 hours ago
MSN04 Dec 202304:00 pm3 days ago
Stocks Register11 Nov 202302:34 pm26 days ago
Defense World06 Nov 202310:17 am31 days ago
Seeking Alpha06 Nov 202308:00 am32 days ago
Yahoo Finance30 Oct 202307:00 am39 days ago
PR Newswire26 Oct 202307:00 am43 days ago
Seeking Alpha22 Oct 202307:00 am47 days ago
Yahoo Finance20 Oct 202307:00 am49 days ago
Nasdaq18 Oct 202307:00 am51 days ago
Seeking Alpha15 Oct 202307:00 am54 days ago
Seeking Alpha11 Oct 202307:00 am58 days ago
Seeking Alpha05 Oct 202307:00 am2 months ago

Financials for Rexford Industrial Realty Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue4.9%20519618617916314914113311510410089.0084.0080.0078.0074.0068.0064.0060.0057.0055.00
Costs and Expenses4.7%12712112011810697.0091.0088.0078.0071.0070.0062.0059.0056.0055.00------
Operating Expenses-------------59.0056.0055.0053.0049.0047.0043.0041.0040.00
  S&GA Expenses1.7%19.0018.0018.0020.0015.0015.0015.0015.0012.0011.0011.009.009.009.009.008.007.007.007.006.006.00
Interest Expenses-7.2%16.0017.0014.0014.0015.0010.0010.0010.0010.0010.0010.009.007.007.007.007.007.006.006.007.006.00
Net Income8.8%59.0054.0061.0043.0039.0039.0046.0037.0038.0024.0029.0018.0030.0015.0015.0024.0013.0016.0011.0015.009.00
Net Income Margin---0.27*0.27*0.28*0.30*0.30*0.28*0.27*0.27*0.26*0.23*0.27*0.22*0.23*0.23*-----
Free Cashflow---12067.0098.0071.0092.0052.0078.0065.0036.0036.0075.0025.0046.0032.00-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets3.4%10,57710,22510,2399,2598,8997,8797,2646,7816,2245,2665,0704,9514,1704,1553,8723,6393,5023,2653,0372,7882,669
    Cash Equivalents-38.9%83.0013625437.0037.0034.0049.0044.0060.0064.0012417624425411279.00198172277181184
Liabilities2.4%2,7342,6712,6812,3362,3522,0271,8761,7131,6961,4331,4221,4211,1001,0891,0941,0161,016901899879883
  Long Term Debt0.0%2,2282,2272,2311,9361,9341,6611,5241,4001,3871,2191,2191,216907907904858858758758757757
Shareholder's Equity-1.1%7,4727,5557,5586,5576,5465,8525,3885,0684,5283,8333,6483,5313,0703,0662,7792,6222,4872,3652,1381,9081,785
  Additional Paid-In Capital4.1%7,6137,3117,3006,6476,2555,5575,1344,8284,2843,5003,3003,1832,8212,8202,5242,4392,3062,2562,0421,7981,666
Shares Outstanding2.7%20620120118917216516116113913413213112412011411411010698.0097.0091.00
Minority Interest1.0%37136837236636235729928328828528928517417216666.0064.0063.0034.0032.0031.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations30.9%10983.0012067.0098.0071.0092.0052.0078.0065.0036.0036.0075.0025.0046.0032.0046.0025.0036.0022.0036.00
  Share Based Compensation2.6%8.008.008.0010.006.006.006.006.005.004.004.002.003.004.004.003.003.003.003.002.002.00
Cashflow From Investing-190.4%-377-129-765-393-1,005-578-471-560-903-276-172-765-11.78-147-63.14-257-241-308-165-138-48.31
Cashflow From Financing347.5%215-86.9387932691049338549282115282.00621-32.1226450.0010720919022511434.00
  Dividend Payments0.1%76.0076.0060.0058.0054.0052.0039.0036.0033.0032.0028.0027.0027.0025.0021.0021.0020.0019.0015.0015.0015.00

REXR Income Statement

2023-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES    
Rental income$ 204,212$ 162,581$ 583,474$ 452,156
Management and leasing services158163519456
Interest income1,02933,4085
TOTAL REVENUES205,399162,747587,401452,617
OPERATING EXPENSES    
Property expenses48,08539,614135,220108,448
General and administrative18,57514,95155,03944,531
Depreciation and amortization60,44951,146178,671140,226
TOTAL OPERATING EXPENSES127,109105,711368,930293,205
OTHER EXPENSES    
Other expenses5514131,504746
Interest expense15,94914,97546,83034,826
TOTAL EXPENSES143,609121,099417,264328,777
Loss on extinguishment of debt000(877)
Gains on sale of real estate0012,1338,486
NET INCOME61,79041,648182,270131,449
Less: net income attributable to noncontrolling interests(2,824)(2,368)(8,605)(7,142)
NET INCOME ATTRIBUTABLE TO REXFORD INDUSTRIAL REALTY, INC.58,96639,280173,665124,307
Less: preferred stock dividends(2,314)(2,314)(6,943)(6,943)
Less: earnings allocated to participating securities(314)(201)(952)(605)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$ 56,338$ 36,765$ 165,770$ 116,759
Net income attributable to common stockholders - basic (in dollars per share)$ 0.27$ 0.21$ 0.83$ 0.70
Net income attributable to common stockholders - diluted (in dollars per share)$ 0.27$ 0.21$ 0.83$ 0.70
Weighted average shares of common stock outstanding - basic (in shares)205,279,681171,908,895200,455,490165,852,466
Weighted average shares of common stock outstanding - diluted (in shares)205,447,532172,831,173200,667,573166,401,434

REXR Balance Sheet

2023-09-30
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS  
Land$ 6,606,022$ 5,841,195
Buildings and improvements3,869,3033,370,494
Tenant improvements160,108147,632
Furniture, fixtures and equipment132132
Construction in progress188,079110,934
Total real estate held for investment10,823,6449,470,387
Accumulated depreciation(739,369)(614,332)
Investments in real estate, net10,084,2758,856,055
Cash and cash equivalents83,26836,786
Restricted cash00
Rents and other receivables, net18,97315,227
Deferred rent receivable, net114,92788,144
Deferred leasing costs, net56,73545,080
Deferred loan costs, net3,7834,829
Acquired lease intangible assets, net154,036169,986
Acquired indefinite-lived intangible5,1565,156
Interest rate swap asset24,49411,422
Other assets31,81724,973
Acquisition related deposits01,625
Total Assets10,577,4649,259,283
Liabilities  
Notes payable2,227,6371,936,381
Accounts payable, accrued expenses and other liabilities155,10397,496
Dividends and distributions payable81,42362,033
Acquired lease intangible liabilities, net155,582147,384
Tenant security deposits83,64371,935
Prepaid rents30,77220,712
Total Liabilities2,734,1602,335,941
Rexford Industrial Realty, Inc. stockholders’ equity  
Common Stock, $0.01 par value per share, 489,950,000 authorized and 206,484,287 and 189,114,129 shares outstanding at September 30, 2023 and December 31, 2022, respectively2,0651,891
Additional paid-in capital7,613,3546,646,867
Cumulative distributions in excess of earnings(320,180)(255,743)
Accumulated other comprehensive income21,1428,247
Total stockholders’ equity7,472,0576,556,938
Noncontrolling interests371,247366,404
Total Equity7,843,3046,923,342
Total Liabilities and Equity10,577,4649,259,283
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:72,44372,443
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
 WEBSITEwww.rexfordindustrial.com
 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 Thu Dec 07 2023, market cap of Rexford Industrial Realty Inc is 10.77 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. 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 Thu Dec 07 2023, REXR's PE ratio (Price to Earnings) is 49.66 and Price to Sales (PS) ratio is 14.07. 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 0.167 (multiply by 100 for percentage) rate of return.