| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | US$53.52 |
| 52 Week High | US$84.68 |
| 52 Week Low | US$50.08 |
| Beta | 0.78 |
| 1 Month Change | -12.53% |
| 3 Month Change | -10.25% |
| 1 Year Change | -6.99% |
| 3 Year Change | 20.08% |
| 5 Year Change | 78.10% |
| Change since IPO | 281.20% |
Recent News & Updates
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.
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...
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
| REXR | US REITs | US Market | |
|---|---|---|---|
| 7D | 0.9% | 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
| REXR volatility | |
|---|---|
| REXR Average Weekly Movement | 4.0% |
| REITs Industry Average Movement | 4.2% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 186 | Howard Schwimmer | https://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
| REXR fundamental statistics | |
|---|---|
| Market Cap | US$9.42b |
| Earnings (TTM) | US$146.31m |
| Revenue (TTM) | US$537.99m |
62.5x
P/E Ratio17.0x
P/S RatioIs REXR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| REXR income statement (TTM) | |
|---|---|
| Revenue | US$537.99m |
| Cost of Revenue | US$128.43m |
| Gross Profit | US$409.56m |
| Other Expenses | US$263.25m |
| Earnings | US$146.31m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 19, 2022
| Earnings per share (EPS) | 0.86 |
| Gross Margin | 76.13% |
| Net Profit Margin | 27.20% |
| Debt/Equity Ratio | 28.4% |
How did REXR perform over the long term?
See historical performance and comparison