REXR icon

Rexford Industrial Realty

39.06 USD
+0.39
1.01%
At close Dec 26, 4:00 PM EST
After hours
39.06
+0.00
0.00%
1 day
1.01%
5 days
2.06%
1 month
-7.77%
3 months
-22.78%
6 months
-10.98%
Year to date
-30.63%
1 year
-31.10%
5 years
-13.22%
10 years
144.13%
 

About: Rexford Industrial Realty Inc is a real estate investment trust engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.

Employees: 242

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

57% more call options, than puts

Call options by funds: $15M | Put options by funds: $9.56M

25% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 5 (+1) [Q3]

24% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 46

15% more repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 136

12% more capital invested

Capital invested by funds: $10.6B [Q2] → $11.9B (+$1.28B) [Q3]

3% more funds holding

Funds holding: 388 [Q2] → 399 (+11) [Q3]

1.55% less ownership

Funds ownership: 109.11% [Q2] → 107.56% (-1.55%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$48
23%
upside
Avg. target
$49
25%
upside
High target
$50
28%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Truist Securities
Anthony Hau
38% 1-year accuracy
12 / 32 met price target
28%upside
$50
Buy
Maintained
12 Nov 2024
Scotiabank
Greg McGinniss
17% 1-year accuracy
2 / 12 met price target
23%upside
$48
Sector Perform
Downgraded
25 Oct 2024

Financial journalist opinion

Based on 23 articles about REXR published over the past 30 days

Positive
The Motley Fool
2 days ago
Here Are My Top 3 High-Yield Dividend Stocks to Buy Now
I'm a huge fan of dividend-paying stocks. I love to see the passive income flow into my portfolio because it gives me more cash to invest.
Here Are My Top 3 High-Yield Dividend Stocks to Buy Now
Neutral
Seeking Alpha
2 days ago
Rexford: Debt Metrics, Pricing Power, Pessimistic Valuation Make The Stock Undeniable
Rexford Industrial is a focused Southern California REIT, leveraging management expertise to upscale properties and drive rent growth. Management's deep industry experience and founder involvement ensure this focus on quality and valued added. Rexford's valuation is attractive, trading at a significant discount compared to most peers, while its debt runway and potential for substantial future growth are unmatched.
Rexford: Debt Metrics, Pricing Power, Pessimistic Valuation Make The Stock Undeniable
Positive
Seeking Alpha
4 days ago
Santa's Surprise - 4 Dividends I'm Buying Hand Over Fist
Market weakness, due to persistent inflation & rising rates, has created compelling buying opportunities for dividend investors. This correction offers a chance to acquire quality stocks at attractive prices. I'm focusing on companies with strong financials, secular growth, and reasonable valuations, poised to outperform in a potentially weaker market. I plan to deploy capital in January. I've highlighted compelling dividend stocks across different categories: low-yield/high-growth, and high-yield/deep-value. These are my priority buys, offering income and growth potential.
Santa's Surprise - 4 Dividends I'm Buying Hand Over Fist
Positive
The Motley Fool
4 days ago
Why I Just Bought More of These 3 Top Dividend Stocks in My Retirement Account and Plan to Keep Adding in 2025
I'm a huge fan of investing in dividend-paying stocks. They supply me with passive income that I can reinvest as I see fit.
Why I Just Bought More of These 3 Top Dividend Stocks in My Retirement Account and Plan to Keep Adding in 2025
Negative
Seeking Alpha
5 days ago
Very Bad News For REITs
Trump's election victory is bad news for many REITs. His policies are perceived to be inflationary. As a result, interest rates may remain higher for longer.
Very Bad News For REITs
Positive
Seeking Alpha
5 days ago
10 Stocks I'm Buying As REITs Have Never Looked So Good
The recent market selloff, driven by the Fed's revised rate-cut forecast, has made high-quality REITs attractively priced for long-term dividend growth investors. Despite poor stock price performance, REITs have strong fundamentals, with favorable earnings yield spreads and dividend yields compared to the broader market. REITs are undervalued due to being treated as bond proxies, but their strong commercial real estate fundamentals and historical outperformance post-Fed rate cuts suggest a buying opportunity.
10 Stocks I'm Buying As REITs Have Never Looked So Good
Positive
The Motley Fool
5 days ago
1 Magnificent High-Yield Dividend Stock Down 50% to Buy and Hold Forever
Shares of Rexford Industrial Realty (REXR 0.13%) got a huge boost from investors coming out of the pandemic. It was, at that point, a story stock thanks to increased demand for warehouses at the time.
1 Magnificent High-Yield Dividend Stock Down 50% to Buy and Hold Forever
Positive
Seeking Alpha
6 days ago
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
The Federal Reserve's announcement of fewer rate cuts has caused market panic, accelerating pullbacks in high-yield, high-growth stocks. However, I have found that high-yield, high-growth stocks are among the most rewarding investments. I share two high-yield, high-growth stocks that Mr. Market appears to be overlooking right now.
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
Negative
Seeking Alpha
6 days ago
Buckle Up Buttercup: My Warning To Dividend Investors
The Fed's recent rate cut and upward revision of future rate expectations confirm my concerns about persistent above-average inflation and geopolitical risks. Market volatility has increased, signaling a growing acceptance of "higher for longer" rates, impacting long-term borrowing costs and economic stability. Despite economic uncertainty, I see opportunities for prudent investors and will provide more investment ideas in the coming days and months. Stay tuned!
Buckle Up Buttercup: My Warning To Dividend Investors
Neutral
Seeking Alpha
1 week ago
Ignore The Market, Rexford Industrial Is A Diamond In The Rough
REXR faces a challenging year with a 28.6% YTD decline, driven by deteriorating Southern California industrial market fundamentals. Despite common shares plummeting, REXR's preferred shares and bonds remain stable with strong cash flow and a conservative balance sheet. The Southern California market shows high vacancy rates and declining rents, but geographic constraints and infrastructure activity offer long-term recovery potential.
Ignore The Market, Rexford Industrial Is A Diamond In The Rough
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