NYSE:REXRIndustrial REITs
Is It Time To Reassess Rexford Industrial Realty (REXR) After Recent Share Price Recovery?
If you are wondering whether Rexford Industrial Realty at around US$36.33 is offering good value today, the key is to look beyond headline returns and focus on what the current price implies.
The stock has returned 1.1% over the last week and 6.9% over the past month, while year to date it is down 6.9% and sits on a 12.8% gain over the last year, with 3 year and 5 year returns at 25.5% and 23.2% declines respectively.
Recent coverage has largely centered on how Rexford fits into investor...