company background image
REXR

Rexford Industrial Realty NYSE:REXR Stock Report

Last Price

US$53.52

Market Cap

US$9.4b

7D

0.9%

1Y

-7.0%

Updated

05 Oct, 2022

Data

Company Financials +
REXR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends2/6

REXR Stock Overview

Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.

Rexford Industrial Realty, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rexford Industrial Realty
Historical stock prices
Current Share PriceUS$53.52
52 Week HighUS$84.68
52 Week LowUS$50.08
Beta0.78
1 Month Change-12.53%
3 Month Change-10.25%
1 Year Change-6.99%
3 Year Change20.08%
5 Year Change78.10%
Change since IPO281.20%

Recent News & Updates

Sep 28

Rexford Industrial Realty goes ex-dividend tomorrow

Rexford Industrial Realty (NYSE:REXR) had declared $0.315/share quarterly dividend, in line with previous. Payable Oct. 15; for shareholders of record Sept. 30; ex-div Sept. 29. See REXR Dividend Scorecard, Yield Chart, & Dividend Growth.

Sep 12
Here's Why Rexford Industrial Realty (NYSE:REXR) Has Caught The Eye Of Investors

Here's Why Rexford Industrial Realty (NYSE:REXR) Has Caught The Eye Of Investors

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Sep 07

Rexford Industrial Realty acquires industrial properties in California for $338.9M

Rexford Industrial Realty (NYSE:REXR) said Wednesday it acquired seven industrial properties in prime infill southern California submarkets for $338.9M in total. The acquisitions were funded with a combination of cash on hand and REXR's credit line. REXR's investments total $2B YTD and it has a pipeline of over $200M additional investments under contract or accepted offer, which are projected to generate stabilized return on investment well in-excess of market yields. REXR acquired 2880 E. Ana Street, Rancho Dominguez for $34.6M, or $213 per land sq. ft. REXR acquired 17909 and 17929 S. Susana Road, Rancho Dominguez for $26.1M, or $245 per land sq. ft. REXR acquired 21022 - 21034 S. Figueroa Street, Carson for $24.2M, or $473 per sq. ft. REXR acquired 3901 Via Oro, Long Beach for $20M, or $146 per land sq. ft. The REIT acquired 920 E. Pacific Coast Highway, Wilmington for $100M, or $271 per land sq. ft. REXR acquired 6000-6052 and 6027-6029 Bandini Boulevard, Commerce and Bell, respectively, for $91.5M, or $501 per sq. ft. REXR also acquired a three-building industrial portfolio in the City of Industry for $42.5M, or $374 per sq. ft.

Shareholder Returns

REXRUS REITsUS Market
7D0.9%3.4%4.4%
1Y-7.0%-17.1%-18.2%

Return vs Industry: REXR exceeded the US REITs industry which returned -17.1% over the past year.

Return vs Market: REXR exceeded the US Market which returned -18.2% over the past year.

Price Volatility

Is REXR's price volatile compared to industry and market?
REXR volatility
REXR Average Weekly Movement4.0%
REITs Industry Average Movement4.2%
Market Average Movement6.9%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: REXR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: REXR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013186Howard Schwimmerhttps://www.rexfordindustrial.com

Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.

Rexford Industrial Realty, Inc. Fundamentals Summary

How do Rexford Industrial Realty's earnings and revenue compare to its market cap?
REXR fundamental statistics
Market CapUS$9.42b
Earnings (TTM)US$146.31m
Revenue (TTM)US$537.99m

62.5x

P/E Ratio

17.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
REXR income statement (TTM)
RevenueUS$537.99m
Cost of RevenueUS$128.43m
Gross ProfitUS$409.56m
Other ExpensesUS$263.25m
EarningsUS$146.31m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Oct 19, 2022

Earnings per share (EPS)0.86
Gross Margin76.13%
Net Profit Margin27.20%
Debt/Equity Ratio28.4%

How did REXR perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

57%

Payout Ratio