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REXR

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

50.23USD+0.35 (+0.70%)Delayed as of 28 Mar 2024, 01:58 pm ET

Market Summary

REXR
USD50.23+0.35
Delayedas of 28 Mar 2024, 01:58 pm
0.70%

REXR Alerts

  • Big jump in Earnings (Y/Y)

REXR Stock Price

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REXR RSI Chart

REXR Valuation

Market Cap

10.7B

Price/Earnings (Trailing)

45.07

Price/Sales (Trailing)

13.44

Price/Free Cashflow

25.09

REXR Price/Sales (Trailing)

REXR Profitability

Return on Equity

3.06%

Return on Assets

2.18%

Free Cashflow Yield

3.99%

REXR Fundamentals

REXR Revenue

Revenue (TTM)

797.8M

Rev. Growth (Yr)

17.83%

Rev. Growth (Qtr)

2.45%

REXR Earnings

Earnings (TTM)

238.0M

Earnings Growth (Yr)

48.7%

Earnings Growth (Qtr)

9.13%

Breaking Down REXR Revenue

52 Week Range

47.1460.06
(Low)(High)

Last 7 days

-0.9%

Last 30 days

-4.0%

Last 90 days

-9.4%

Trailing 12 Months

-8.9%

How does REXR drawdown profile look like?

REXR Financial Health

Debt/Equity

0.29

Debt/Cashflow

0.19

REXR Investor Care

Dividend Yield

3.05%

Shares Dilution (1Y)

9.33%

Diluted EPS (TTM)

1.12

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Rexford Industrial Realty Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold REXR recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 49

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
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
Feb 09, 2023
vanguard group inc
13.23%
25,836,143
SC 13G/A

Recent SEC filings of Rexford Industrial Realty Inc

View All Filings
Date Filed Form Type Document
Mar 27, 2024
424B5
Prospectus Filed
Mar 27, 2024
FWP
Prospectus Filed
Mar 25, 2024
424B5
Prospectus Filed
Mar 25, 2024
8-K
Current Report
Mar 12, 2024
4
Insider Trading
Feb 20, 2024
8-K
Current Report
Feb 14, 2024
SC 13G
Major Ownership Report
Feb 13, 2024
4
Insider Trading
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report

What is the Fair Value of REXR?

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>

Cheap
or
Expensive?


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Rexford Industrial Realty Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
92.0B
11.1B
3.02% 3.17%
67.33
8.26
4.04% -19.43%
45.8B
7.0B
-5.01% -21.08%
30.53
6.57
-0.07% -10.36%
26.1B
2.8B
3.42% 11.05%
28.1
9.43
6.73% -18.30%
21.9B
2.9B
5.24% -2.41%
211.79
7.61
11.46% -80.13%
13.1B
1.6B
5.52% 21.06%
30.39
8.17
7.80% 39.39%
11.1B
1.3B
-2.42% 1.98%
30.46
8.4
8.04% -24.50%
9.9B
3.3B
-6.07% 8.98%
52.15
3.03
5.31% -77.32%
MID-CAP
8.4B
1.1B
-0.89% 2.72%
35.55
7.44
5.38% -38.52%
3.7B
884.1M
-1.28% 51.03%
-13.45
4.17
2.90% -314.82%
3.5B
899.4M
12.83% 136.94%
-6.17
3.87
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
-3.35% 20.98%
20.37
2.99
4.38% 15.77%
1.2B
198.2M
4.31% 1.50%
-7.47
5.93
-43.33% -270.70%
1.1B
605.6M
5.98% 19.45%
14.31
1.89
25.53% 134.62%
650.5M
258.7M
-8.43% -22.26%
-13.37
2.51
0.11% 83.70%
461.8M
277.9M
8.28% -16.39%
-29.12
1.66
44.33% 96.06%

Rexford Industrial Realty Inc News

Latest updates
Defense World • 9 hours ago
Investing.com • 25 Mar 2024 • 09:10 pm
Seeking Alpha • 25 Mar 2024 • 08:09 pm

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.4%21020519618617916314914113311510410089.0084.0080.0078.0074.0068.0064.0060.0057.00
Costs and Expenses6.3%13512712112011810697.0091.0088.0078.0071.0070.0062.0059.0056.0055.00-----
Operating Expenses--------------59.0056.0055.0053.0049.0047.0043.0041.00
  S&GA Expenses7.6%20.0019.0018.0018.0020.0015.0015.0015.0015.0012.0011.0011.009.009.009.009.008.007.007.007.006.00
Interest Expenses-8.6%15.0016.0017.0014.0014.0015.0010.0010.0010.0010.0010.0010.009.007.007.007.007.007.006.006.007.00
Net Income9.1%64.0059.0054.0061.0043.0039.0039.0046.0037.0038.0024.0029.0018.0030.0015.0015.0024.0013.0016.0011.0015.00
Net Income Margin5.3%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 Cashflow6.5%11610983.0012067.0098.0071.0092.0052.0078.0065.0036.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.3%10,93010,57710,22510,2399,2598,8997,8797,2646,7816,2245,2665,0704,9514,1704,1553,8723,6393,5023,2653,0372,788
    Cash Equivalents-59.8%33.0083.0013625437.0037.0034.0049.0044.0060.0064.0012417824425411279.00198172277181
Liabilities1.9%2,7862,7342,6712,6812,3362,3522,0271,8761,7131,6961,4331,4221,4211,1001,0891,0941,0161,016901899879
  Long Term Debt-0.1%2,2262,2282,2272,2311,9361,9341,6611,5241,4001,3871,2191,2191,216907907904858858758758757
Shareholder's Equity3.9%7,7677,4727,5557,5586,5576,5465,8525,3885,0684,5283,8333,6483,5313,0703,0662,7792,6222,4872,3652,1381,908
  Additional Paid-In Capital4.3%7,9417,6137,3117,3006,6476,2555,5575,1344,8284,2843,5003,3003,1832,8212,8202,5242,4392,3062,2562,0421,798
Shares Outstanding2.8%212206201201189172165161139139134132---------
Minority Interest1.5%37737136837236636235729928328828528928517417216666.0064.0063.0034.0032.00
Float---10,500---9,800---7,800---5,100---4,416--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations6.5%11610983.0012067.0098.0071.0092.0052.0078.0065.0036.0036.0075.0025.0046.0032.0046.0025.0036.0022.00
  Share Based Compensation14.4%9.008.008.008.0010.006.006.006.006.005.004.004.002.003.004.004.003.003.003.003.002.00
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 Financing10.5%238215-86.9387932691049338549282115282.00621-32.1226450.00107209190225114
  Dividend Payments2.7%78.0076.0076.0060.0058.0054.0052.0039.0036.0033.0032.0028.0027.0027.0025.0021.0021.0020.0019.0015.0015.00

REXR Income Statement

2023-12-31
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 services682616468
Interest income5,7611037
TOTAL REVENUES797,826631,204452,238
OPERATING EXPENSES   
Property expenses184,479150,503107,721
General and administrative75,02764,26448,990
Depreciation and amortization244,510196,794151,269
TOTAL OPERATING EXPENSES504,016411,561307,980
OTHER EXPENSES   
Other expenses1,8201,5611,297
Interest expense61,40048,49640,139
TOTAL EXPENSES567,236461,618349,416
Loss on extinguishment of debt0(915)(505)
Gains on sale of real estate19,0018,48633,929
NET INCOME249,591177,157136,246
Less: net income attributable to noncontrolling interests(11,575)(9,573)(8,005)
NET INCOME ATTRIBUTABLE TO REXFORD INDUSTRIAL REALTY, INC.238,016167,584128,241
Less: preferred stock dividends(9,258)(9,258)(12,563)
Preferred Stock Redemption Premium00(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)202,883,704170,467,365139,294,882
Weighted average shares of common stock outstanding - diluted (in shares)203,110,993170,978,272140,075,689

REXR Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Land$ 6,815,622$ 5,841,195
Buildings and improvements3,933,3793,370,494
Tenant improvements167,251147,632
Furniture, fixtures, and equipment132132
Construction in progress240,010110,934
Total real estate held for investment11,156,3949,470,387
Accumulated depreciation(782,461)(614,332)
Investments in real estate, net10,373,9338,856,055
Cash and cash equivalents33,44436,786
Loan receivable, net122,7840
Rents and other receivables, net17,49415,227
Deferred rent receivable, net123,32588,144
Deferred leasing costs, net59,35145,080
Deferred loan costs, net3,4264,829
Acquired lease intangible assets, net153,670169,986
Acquired indefinite-lived intangible5,1565,156
Interest rate swap asset9,89611,422
Other assets25,22524,973
Acquisition related deposits2,1251,625
Total Assets10,929,8299,259,283
Liabilities  
Notes payable2,225,9141,936,381
Accounts payable, accrued expenses and other liabilities128,84297,496
Dividends and distributions payable83,73362,033
Acquired lease intangible liabilities, net147,561147,384
Tenant security deposits84,87271,935
Tenant prepaid rents115,00220,712
Total Liabilities2,785,9242,335,941
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, respectively2,1231,891
Additional paid-in capital7,940,7816,646,867
Cumulative distributions in excess of earnings(338,835)(255,743)
Accumulated other comprehensive income7,1728,247
Total stockholders’ equity7,766,9176,556,938
Noncontrolling interests376,988366,404
Total Equity8,143,9056,923,342
Total Liabilities and Equity10,929,8299,259,283
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:72,44372,443
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
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 Wed Mar 27 2024, market cap of Rexford Industrial Realty Inc is 10.73 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 Wed Mar 27 2024, REXR's PE ratio (Price to Earnings) is 45.07 and Price to Sales (PS) ratio is 13.44. 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 0.161 (multiply by 100 for percentage) rate of return.