Rexford Industrial Realty, Inc. REXR
- Market cap
- $8.5B
- P/E
- 0.0×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.14 | 21.34 | 26.32 | 28.45 | 31.79 | 45.90 | 48.74 | 41.56 | 37.67 | 29.68 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 23.60 | 31.71 | 33.54 | 48.80 | 53.48 | 81.68 | 84.68 | 66.71 | 56.87 | 44.38 |
High Price
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| 90 | 98 | 108 | 123 | 147 | 186 | 223 | 242 | 271 | 256 |
Employees
|
|||
| 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 |
Revenue/Emp
|
|||
| 126 | 161 | 212 | 267 | 330 | 452 | 631 | 798 | 936 | 1,003 |
Revenue
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|||
| 73.36% | 73.88% | 75.68% | 76.32% | 75.85% | 76.18% | 76.16% | 76.88% | 77.55% | 77.30% |
Gross Margin
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| 26 | 12 | 47 | 64 | 81 | 136 | 177 | 250 | 286 | 220 |
EBT
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| 20.51% | 7.49% | 22.15% | 23.95% | 24.50% | 30.13% | 28.07% | 31.28% | 30.53% | 21.91% |
EBT Margin
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| 26 | 42 | 47 | 64 | 81 | 136 | 177 | 250 | 286 | 220 |
Net Income
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| 52 | 63 | 75 | 92 | 106 | 140 | 169 | 220 | 257 | 303 |
Depreciation
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| 2.01 | 2.27 | 2.45 | 2.51 | 2.73 | 3.25 | 3.70 | 3.93 | 4.29 | 4.32 |
Revenue/Sh
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| 0.36 | 0.48 | 0.42 | 0.47 | 0.51 | 0.80 | 0.92 | 1.12 | 1.20 | 0.86 |
Earnings/Sh
|
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| 0.90 | 1.08 | 1.18 | 1.31 | 1.51 | 1.66 | 1.92 | 2.11 | 2.19 | 2.33 |
Cash Flow/Sh
|
|||
| (0.51) | (0.59) | (0.67) | (0.44) | (0.65) | (0.74) | (0.79) | (1.31) | (1.71) | (1.43) |
Capex/Sh
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| 0.39 | 0.48 | 0.52 | 0.87 | 0.86 | 0.93 | 1.13 | 0.79 | 0.48 | 0.90 |
Free CF/Sh
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| 15.34 | 19.18 | 21.98 | 24.65 | 29.21 | 36.38 | 40.61 | 40.14 | 39.98 | 38.02 |
Book Value/Sh
|
|||
| 63 | 71 | 87 | 106 | 121 | 139 | 170 | 203 | 218 | 232 |
Shares
|
|||
| 66.51 | 60.46 | 70.17 | 97.17 | 96.29 | 101.39 | 59.03 | 50.28 | 31.95 | 45.55 |
PE Ratio
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| 11.57 | 12.81 | 12.04 | 18.19 | 17.98 | 24.98 | 14.67 | 14.32 | 9.01 | 8.97 |
PS Ratio
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| 1.67 | 1.71 | 1.46 | 2.04 | 1.81 | 2.30 | 1.37 | 1.43 | 0.98 | 1.04 |
PB Ratio
|
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| 15.41 | 16.91 | 14.76 | 21.10 | 21.13 | 27.98 | 17.68 | 17.07 | 12.53 | 12.05 |
EV/Sales
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| 79.37 | 79.46 | 69.95 | 61.06 | 66.92 | 98.10 | 57.93 | 84.59 | 111.15 | 57.93 |
EV/FCF
|
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| 56 | 77 | 103 | 140 | 183 | 231 | 328 | 428 | 479 | 542 |
Op' Cash Flow
|
|||
| (32) | (42) | (58) | (47) | (79) | (102) | (135) | (267) | (373) | (333) |
Capex
|
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| 25 | 34 | 45 | 92 | 104 | 129 | 193 | 161 | 106 | 209 |
FCF
|
|||
| 11 | (11) | 164 | 54 | 142 | (11) | (45) | 45 | 45 | 183 |
Working Cap'
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| 500 | 669 | 757 | 858 | 1,216 | 1,400 | 1,936 | 2,226 | 3,346 | 3,252 |
Total Debt
|
|||
| 485 | 662 | 577 | 779 | 1,039 | 1,356 | 1,900 | 2,192 | 3,290 | 3,086 |
Net Debt
|
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| 962 | 1,365 | 1,908 | 2,622 | 3,531 | 5,068 | 6,923 | 8,144 | 8,726 | 8,838 |
Sh' Equity
|
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| 1.71% | 1.90% | 1.48% | 1.57% | 1.43% | 1.91% | 1.96% | 2.25% | 2.23% | 1.58% |
ROA
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| 1.03% | 1.01% | 1.40% | 1.37% | 1.35% | 1.40% | 1.56% | 1.78% | 1.92% | 2.00% |
ROIC
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| 2.91% | 3.31% | 2.45% | 2.44% | 2.16% | 2.73% | 2.70% | 3.08% | 3.17% | 2.32% |
ROE
|
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Rexford Industrial Realty, Inc. peers in Reit Industrial
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CUBE CubeSmart | $8.5B | 25.9× | Compare |
| FR First Industrial Realty Trust, Inc. | $8.4B | 22.3× | Compare |
| LINE Lineage, Inc. | $8.2B | 0.0× | Compare |
| TRNO Terreno Realty Corporation | $7.2B | 17.7× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| STAG Stag Industrial, Inc. | $7.2B | 28.3× | Compare |
| EGP EastGroup Properties, Inc. | $10.9B | 35.3× | Compare |
| COLD Americold Realty Trust Inc. | $4.1B | 0.0× | Compare |
| LXP LXP Industrial Trust | $3.6B | 60.9× | Compare |
Rexford Industrial Realty, Inc. (REXR) key facts
- Rexford Industrial Realty, Inc. (REXR) is a Reit Industrial company in the Real Estate sector, listed on the New York Stock Exchange.
- Rexford Industrial Realty, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 7.13% from fiscal 2024.
- As of September 25, 2026, REXR traded at $37.47, a market capitalization of $8.5 billion.
- Rexford Industrial Realty, Inc. pays an annual dividend of $1.52 per share, a yield of 3.08%, with a payout ratio of 141.8%.
- Return on equity was 2.32% and debt-to-equity 0.41.
Rexford Industrial Realty, Inc. (REXR) Latest News
22 Sep
EQT Real Estate acquired a 5.2 million-square-foot Southern California logistics portfolio from Rexford Industrial Realty, bringing together 32 buildings across five submarkets. More than half of the space sits in coastal infill markets near the Los Angeles and Long Beach ports, with the remaining 46% in Inland Empire West. The portfolio is 96% leased to 36 tenants with a 2.7-year weighted average lease term. The deal was completed by EQT Real Estate Industrial Value Fund VI and blends infill access with IE scale, providing immediate income diversification and regional distribution capacity. Coastal markets show tight occupancy (93–94%), Inland Empire around 91.5%, and roughly 23–25 million people live within 250 miles of the area. EQT plans active management as leases roll to capitalize on strongest SoCal logistics demand. Rexford’s sale of a 5.2M SF portfolio could materially affect its near-term income base and liquidity, though proceeds may support strategic redeployment.
18 Sep
Rexford Industrial Realty, Inc. sells $1.2B in assets to advance portfolio realignment. $1.2B asset sale marks major strategic portfolio shift with substantial effects on financials and positioning.
17 Sep
Rexford Industrial Realty completed the sale of a $1.2 billion industrial portfolio. A $1.2 billion portfolio sale constitutes a major capital transaction that alters asset base and strategic options.
Rexford Industrial Realty commits $1.2 billion to streamline its industrial property portfolio and operations for improved efficiency and future positioning. $1.2 billion commitment signals a major strategic portfolio adjustment with strong potential to alter operational scale and investor outlook.
24 Jul
Rexford Industrial Realty Inc (REXR) reported strong leasing volume in Q2 2026 earnings call. Strong leasing volume signals higher occupancy and revenue growth ahead for the industrial REIT.
Rexford Industrial Realty resets portfolio and launches US$1 billion buyback, directly affecting REXR investor holdings and returns. Portfolio reset paired with $1 billion buyback alters REXR financial structure and market trajectory.
Rexford Industrial Realty, Inc. (REXR) Q2 earnings call highlighted financial results, operational metrics, and forward outlook for its industrial property portfolio. Q2 earnings call updates on results and outlook can moderately shift near-term investor sentiment and stock performance.
Rexford Industrial Realty, Inc. held its Q2 2026 earnings call covering quarterly financial results, occupancy metrics, acquisition pipeline and forward guidance for industrial properties. Quarterly earnings release and call supply financial metrics and outlook that typically move investor sentiment and near-term share price.
23 Jul
Rexford Industrial Realty announced financial results for the second quarter of 2026. Quarterly results provide performance data that can shift near-term investor views and valuation.
27 Apr
Rexford Industrial Realty (REXR) raises guidance and launches $500 million share buyback, prompting valuation review amid positive outlook. Raised guidance and $500 million buyback demonstrate strong financial confidence and likely drive significant valuation uplift.
Rexford Industrial Realty shared Q1 earnings call highlights, covering financial results, leasing activity, acquisitions, occupancy rates, and outlook for Southern California's industrial market. Q1 earnings highlights detail financial metrics, operational progress, and guidance that significantly shape investor expectations and stock trajectory.
25 Apr
Rexford Industrial Realty Inc (REXR) reported record leasing activity in Q1 2026 earnings call highlights. Record leasing activity boosts occupancy, rental income, and growth prospects for REXR.
24 Apr
Rexford Industrial Realty, Inc. summarized Q1 2026 earnings call, reporting core FFO, rental revenues, high occupancy rates, strong leasing activity in Southern California industrial portfolio, and raised full-year guidance amid favorable market dynamics. Quarterly earnings highlights and raised guidance signal strong operational performance and positive market positioning for REXR.
23 Apr
Rexford Industrial Realty (REXR) reported Q1 FFO that beat analyst estimates. Q1 FFO beat signals strong financial performance likely to drive positive stock reaction and enhanced investor confidence.
Rexford Industrial Realty, Inc. announced First Quarter 2026 financial results. Quarterly financial results influence REXR's reported performance, occupancy rates, and investor sentiment in the industrial REIT sector.
21 Apr
Rexford Industrial Realty, Inc. (REXR) released the transcript of its Q4 2025 earnings call. Q4 earnings transcript discloses financial results, operational updates, and forward guidance that significantly influence stock performance and investor sentiment.
2 Apr
Rexford Industrial Realty, Inc. announces property sales in Q1 2026 and progress on its share repurchase program. Property sales optimize the portfolio while share repurchases enhance shareholder value and support financial performance.
1 Apr
Rexford Industrial Realty, Inc. (REXR) announced updates on property dispositions and its share repurchase program. Disposition and share repurchase updates optimize portfolio and enhance shareholder value with moderate financial impact.
19 Mar
Scotiabank revised its outlook on Rexford Industrial Realty (REXR) amid shifts in the REIT's strategy. Scotiabank's revised outlook highlights Rexford Industrial's strategy shifts, expected to moderately influence financial performance and market sentiment.
8 Feb
Rexford Industrial Realty, Inc. is undergoing a narrative shift due to CEO succession and new strategic targets. The leadership transition is expected to influence the company's direction and operational focus, potentially impacting investor sentiment and market performance. As the new CEO implements changes, stakeholders are closely monitoring how these developments will affect Rexford's growth and competitive positioning in the industrial real estate sector. CEO succession and strategic targets are likely to significantly impact the company's future and market performance.
7 Feb
Rexford Industrial Realty, Inc. reported its Q4 earnings, highlighting strong financial performance driven by increased rental income and strategic acquisitions. The company emphasized its commitment to expanding its industrial real estate portfolio in key markets. Management provided insights into future growth strategies and market conditions, indicating optimism about continued demand for logistics and distribution facilities. The earnings call also addressed challenges such as rising interest rates and supply chain disruptions but reaffirmed the company's resilience and adaptability in navigating these issues. Significant strategic moves and market dynamics discussed could alter the company's trajectory and investor sentiment.
5 Feb
Rexford Industrial Realty, Inc. (REXR) reported its Q4 2025 earnings, highlighting strategic initiatives aimed at enhancing operational efficiency and expanding its portfolio. The company emphasized its focus on acquiring high-quality industrial properties in key markets, which is expected to drive future growth. Management discussed ongoing projects and potential market opportunities, indicating a positive outlook despite current economic challenges. The earnings call also addressed investor concerns regarding market conditions and the company's adaptability in a competitive landscape. Strategic initiatives and portfolio expansion are likely to significantly impact future performance and investor sentiment.
4 Feb
Rexford Industrial Realty, Inc. (REXR) reported fourth-quarter funds from operations (FFO) that exceeded analysts' expectations, showcasing strong financial performance. The company continues to benefit from robust demand in the industrial real estate sector, driven by e-commerce growth and supply chain optimization. REXR's strategic acquisitions and developments have further solidified its market position, contributing to positive investor sentiment and confidence in future growth. Strong financial performance and strategic positioning indicate significant future impact on the company's trajectory.
Rexford Industrial Realty, Inc. reported its Q4 earnings, showcasing strong financial performance and growth in its industrial real estate portfolio. The company highlighted increased rental income and occupancy rates, reflecting robust demand in the logistics sector. Management provided an optimistic outlook for the upcoming year, citing strategic acquisitions and developments as key drivers for future growth. Investors reacted positively to the earnings report, indicating confidence in Rexford's market position. Strong financial performance and strategic growth initiatives are likely to significantly impact future market positioning.
Rexford Industrial Realty, Inc. (REXR) reported its financial results for the fourth quarter and full year of 2025, highlighting significant revenue growth and increased net income. The company attributed its success to strong demand for industrial properties and effective management strategies. Key metrics showed improvements in occupancy rates and rental income, positioning REXR favorably in the competitive industrial real estate market. The outlook for 2026 remains positive, with expectations for continued growth driven by market trends and strategic investments. Significant revenue growth and positive outlook indicate a major strategic move that could alter the company's trajectory.
Rexford Industrial Realty, Inc. (REXR) reported its Q4 earnings, revealing key metrics that were compared against Wall Street estimates. The results highlighted the company's performance in the industrial real estate sector, showcasing growth and operational efficiency. Analysts noted the implications of these earnings on REXR's future outlook and market positioning. The earnings report indicates moderate growth and operational efficiency, which may influence financial performance but is balanced by other market factors.
22 Jan
Rexford Industrial Realty, Inc. announced the tax treatment of its dividend distributions for 2025, indicating that the dividends will be classified as a return of capital. This classification may affect shareholders' tax liabilities, as it typically reduces the cost basis of their shares rather than being taxed as ordinary income. The company aims to provide clarity on the financial implications for investors regarding their dividend income. The tax treatment of dividends can influence investor sentiment and financial planning, but it is not expected to significantly alter the company's overall trajectory.
8 Jan
Rexford Industrial Realty, Inc. reported its Q4 2025 results, highlighting a strong performance in infill Southern California industrial properties. The company demonstrated a durable value-add edge, driven by strategic acquisitions and effective management of its portfolio. Increased demand for logistics and distribution spaces in the region contributed to revenue growth and improved occupancy rates. Analysts noted that Rexford's focus on infill locations positions it well to capitalize on ongoing market trends, suggesting a positive outlook for future performance. Strong performance in a high-demand market indicates significant potential for future growth and investor interest.
29 Dec
Rexford Industrial Realty, Inc. has announced a $60 million reduction in its growth projections, signaling a potential shift in the industrial REIT sector as growth slows. This adjustment reflects broader market trends affecting industrial real estate, raising concerns about future performance and investor sentiment. The reduction in growth projections indicates a moderately noticeable influence on Rexford's financial performance and market positioning.
22 Dec
Rexford Industrial Realty, Inc. (REXR) is highlighted for its effective dividend strategy that aids retirees in navigating down markets without the need to sell assets. The approach focuses on maintaining steady income through dividends, which can provide financial stability during economic downturns. This strategy is particularly relevant for investors seeking to preserve capital while still generating returns, emphasizing the importance of reliable dividend-paying stocks in a diversified portfolio. The emphasis on dividend strategies may influence investor sentiment and financial performance, but it is not expected to fundamentally alter the company's trajectory.