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.
IPO Year: 2013
Exchange: NYSE
Website: rexfordindustrial.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $55.00 → $48.00 | Sector Outperform → Sector Perform | Scotiabank |
| 10/21/2024 | $66.00 → $49.00 | Buy → Neutral | BofA Securities |
| 7/10/2024 | $54.00 | Outperform | Evercore ISI |
| 4/22/2024 | $45.00 | Neutral | Wedbush |
| 3/27/2024 | $45.00 | Underweight | Barclays |
| 2/7/2024 | $55.00 | Overweight → Neutral | JP Morgan |
| 1/5/2024 | $53.00 → $61.00 | Outperform → Neutral | Robert W. Baird |
| 11/8/2023 | $55.00 | Sector Perform → Sector Outperform | Scotiabank |
| 10/12/2023 | $56.00 | Buy | Truist |
| 9/19/2023 | $70.00 | Peer Perform → Outperform | Wolfe Research |
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
3 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
SC 13G/A - Rexford Industrial Realty, Inc. (0001571283) (Subject)
SC 13G/A - Rexford Industrial Realty, Inc. (0001571283) (Subject)
SC 13G - Rexford Industrial Realty, Inc. (0001571283) (Subject)
SC 13G/A - Rexford Industrial Realty, Inc. (0001571283) (Subject)
SC 13G/A - Rexford Industrial Realty, Inc. (0001571283) (Subject)
SC 13G - Rexford Industrial Realty, Inc. (0001571283) (Subject)
SC 13G/A - Rexford Industrial Realty, Inc. (0001571283) (Subject)
SC 13G/A - Rexford Industrial Realty, Inc. (0001571283) (Subject)
SC 13G/A - Rexford Industrial Realty, Inc. (0001571283) (Subject)
SC 13G/A - Rexford Industrial Realty, Inc. (0001571283) (Subject)
Scotiabank downgraded Rexford Industrial Realty from Sector Outperform to Sector Perform and set a new price target of $48.00 from $55.00 previously
BofA Securities downgraded Rexford Industrial Realty from Buy to Neutral and set a new price target of $49.00 from $66.00 previously
Evercore ISI initiated coverage of Rexford Industrial Realty with a rating of Outperform and set a new price target of $54.00
Wedbush initiated coverage of Rexford Industrial Realty with a rating of Neutral and set a new price target of $45.00
Barclays initiated coverage of Rexford Industrial Realty with a rating of Underweight and set a new price target of $45.00
JP Morgan downgraded Rexford Industrial Realty from Overweight to Neutral and set a new price target of $55.00
Robert W. Baird downgraded Rexford Industrial Realty from Outperform to Neutral and set a new price target of $61.00 from $53.00 previously
Scotiabank upgraded Rexford Industrial Realty from Sector Perform to Sector Outperform and set a new price target of $55.00
Truist initiated coverage of Rexford Industrial Realty with a rating of Buy and set a new price target of $56.00
Wolfe Research upgraded Rexford Industrial Realty from Peer Perform to Outperform and set a new price target of $70.00
JP Morgan analyst Michael Mueller maintains Rexford Industrial Realty (NYSE:REXR) with a Neutral and raises the price target from $47 to $52.
Rexford Industrial Realty (NYSE:REXR) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.58 by 3.45 percent. The company reported quarterly sales of $237.57 million which beat the analyst consensus estimate of $227.67 million by 4.35 percent. This is a 22.40 percent increase over sales of $194.10 million the same period last year.
Rexford Industrial Realty (NYSE:REXR) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 3 1 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 1 0 0 3M Ago 2 0 2 1 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $49.75, a high estimate of $54.00, and a low estimate of $45.00. This current average represents
Evercore ISI Group analyst Samir Khanal initiates coverage on Rexford Industrial Realty (NYSE:REXR) with a Outperform rating and announces Price Target of $54.
Analysts' ratings for Rexford Industrial Realty (NYSE:REXR) over the last quarter vary from bullish to bearish, as provided by 9 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 4 2 0 Last 30D 0 0 1 0 0 1M Ago 1 1 1 0 0 2M Ago 1 0 2 1 0 3M Ago 0 0 0 1 0 Analysts have set 12-month price targets for Rexford Industrial Realty, revealing an average target of $49.0, a high estimate of $53.00, and a low estimate of $45.00. Highlighting a 7.55% decrease, the current averag
Mizuho analyst Vikram Malhotra maintains Rexford Industrial Realty (NYSE:REXR) with a Neutral and lowers the price target from $52 to $50.
Scotiabank analyst Greg McGinniss maintains Rexford Industrial Realty (NYSE:REXR) with a Sector Outperform and lowers the price target from $55 to $51.
During the last three months, 9 analysts shared their evaluations of Rexford Industrial Realty (NYSE:REXR), revealing diverse outlooks from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 4 2 0 Last 30D 1 0 0 0 0 1M Ago 1 0 3 1 0 2M Ago 0 0 0 1 0 3M Ago 1 0 1 0 0 Analysts have recently evaluated Rexford Industrial Realty and provided 12-month price targets. The average target is $50.22, accompanied by a high estimate of $57.00 and a low estimate of $45.00. A
LOS ANGELES, Nov. 14, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced an operating activity update in advance of upcoming investor meetings. In the fourth quarter of 2024 to date, Rexford Industrial executed approximately 657,000 square feet of new and renewal leases, with an average size of 16,000 square feet, including approximately 422,000 square f
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LOS ANGELES, Oct. 21, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced the appointment of Michael Fitzmaurice as Chief Financial Officer (CFO) and the promotion of Laura Clark, the Company's current CFO, to the role of Chief Operating Officer (COO), effective November 18, 2024. "We are very pleased to welcome Michael Fitzmaurice to the Rexford Industri
LOS ANGELES, Oct. 16, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced financial and operating results for the third quarter of 2024. Third Quarter 2024 Financial and Operational Highlights: Net income attributable to common stockholders of $65.1 million, or $0.30 per diluted share, as compared to $56.3 million, or $0.27 per diluted share, for the pri
LOS ANGELES, Sept. 16, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release third quarter 2024 financial results after the market closes on Wednesday, October 16, 2024. A conference call with senior management will be held on Thursday, October 17, 2024 at 1 p.m. EDT. To participate in the live telephone conference call, please
LOS ANGELES, Sept. 9, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced the lease-up of 500 Dupont Avenue, located in Ontario in the Inland Empire – West submarket. The newly repositioned 274,885 square-foot building was leased to a third-party logistics (3PL) provider. The value-add-repositioned project included overall building modernization, expansi
LOS ANGELES, Sept. 5, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced that the Company will present at the Barclays 22nd Annual Global Financial Services Conference on September 9, 2024 at 9 a.m. EDT. The Company will also present at the Bank of America Securities 2024 Global Real Estate Conference on September 10, 2024 at 3:45 p.m. EDT. A live audio
LOS ANGELES, July 17, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced financial and operating results for the second quarter of 2024. Second Quarter 2024 Financial and Operational Highlights: Net income attributable to common stockholders of $79.8 million, or $0.37 per diluted share, as compared to $51.6 million, or $0.26 per diluted share, for the p
LOS ANGELES, June 20, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release second quarter 2024 financial results after the market closes on Wednesday, July 17, 2024. A conference call with senior management will be held on Thursday, July 18, 2024 at 1:00 p.m. Eastern Time. To participate in the live telephone conference call,
LOS ANGELES, June 17, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company has initiated a process to recruit a new Chief Financial Officer (CFO) and, upon the successful hire of a new CFO, to then elevate Laura Clark, the Company's current CFO, to the newly-established role of Chief Operating Officer (COO). The Company has initiated an executive search effort through Russell Reynolds Associates to identify and appoint a new CFO.
S-8 - Rexford Industrial Realty, Inc. (0001571283) (Filer)
8-K - Rexford Industrial Realty, Inc. (0001571283) (Filer)
10-Q - Rexford Industrial Realty, Inc. (0001571283) (Filer)
8-K - Rexford Industrial Realty, Inc. (0001571283) (Filer)
EFFECT - Rexford Industrial Realty, Inc. (0001571283) (Filer)
EFFECT - Rexford Industrial Realty, Inc. (0001571283) (Filer)
S-3 - Rexford Industrial Realty, Inc. (0001571283) (Filer)
S-3 - Rexford Industrial Realty, Inc. (0001571283) (Filer)
10-Q - Rexford Industrial Realty, Inc. (0001571283) (Filer)
8-K - Rexford Industrial Realty, Inc. (0001571283) (Filer)
LOS ANGELES, Oct. 21, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced the appointment of Michael Fitzmaurice as Chief Financial Officer (CFO) and the promotion of Laura Clark, the Company's current CFO, to the role of Chief Operating Officer (COO), effective November 18, 2024. "We are very pleased to welcome Michael Fitzmaurice to the Rexford Industri
LOS ANGELES, June 17, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company has initiated a process to recruit a new Chief Financial Officer (CFO) and, upon the successful hire of a new CFO, to then elevate Laura Clark, the Company's current CFO, to the newly-established role of Chief Operating Officer (COO). The Company has initiated an executive search effort through Russell Reynolds Associates to identify and appoint a new CFO.
LOS ANGELES, Dec. 27, 2021 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets, today announced that Angela Kleiman has been appointed as an independent director to the Company's Board of Directors effective December 31, 2021. Ms. Kleiman is currently Senior Executive Vice President and Chief Operating Officer of Essex Property Trust (NYSE:ESS), a fully integrated real estate
LOS ANGELES, Dec. 22, 2020 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets, today announced that Debra L. Morris has been appointed as an independent director to the Company's Board of Directors effective December 31, 2020. Debra L. Morris is currently Executive Vice President, Chief Financial Officer of Apria Healthcare, a leading provider of integrated home healthcare equipment and related services in the United States, a role in which she has served since March 2013. Prior to joi
LOS ANGELES, Sept. 16, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release third quarter 2024 financial results after the market closes on Wednesday, October 16, 2024. A conference call with senior management will be held on Thursday, October 17, 2024 at 1 p.m. EDT. To participate in the live telephone conference call, please
LOS ANGELES, July 17, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced financial and operating results for the second quarter of 2024. Second Quarter 2024 Financial and Operational Highlights: Net income attributable to common stockholders of $79.8 million, or $0.37 per diluted share, as compared to $51.6 million, or $0.26 per diluted share, for the p
LOS ANGELES, June 20, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release second quarter 2024 financial results after the market closes on Wednesday, July 17, 2024. A conference call with senior management will be held on Thursday, July 18, 2024 at 1:00 p.m. Eastern Time. To participate in the live telephone conference call,
LOS ANGELES and NEW YORK, March 28, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. ("Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, and Blackstone (NYSE:BX), today announced Rexford Industrial acquired approximately 3 million square feet of industrial properties pursuant to separate transactions with Blackstone Real Estate, including the Blackstone Property Partners strategy as well as Blackstone Real Estate Partners and Blackstone Real Estate Income Trust, for an aggregate purchase price of $1.0 billion.
LOS ANGELES, March 22, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release first quarter 2024 financial results after the market closes on Wednesday, April 17, 2024. A conference call with senior management will be held on Thursday, April 18, 2024 at 1:00 p.m. Eastern Time. To participate in the live telephone conference call
LOS ANGELES, Jan. 22, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties in Southern California infill markets, today announced the 2023 tax treatment of the Company's common stock and preferred stock dividend distributions, as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's dividend distributions. Common Stock - CUSIP Numb
LOS ANGELES, Jan. 2, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release fourth quarter 2023 financial results after the market closes on Tuesday, February 6, 2024. A conference call with senior management will be held on Wednesday, February 7, 2024 at 1:00 p.m. Eastern Time. To participate in the live telephone conference ca
LOS ANGELES, Sept. 18, 2023 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release third quarter 2023 financial results after the market closes on Wednesday, October 18, 2023. A conference call with senior management will be held on Thursday, October 19, 2023 at 1:00 p.m. Eastern Time. To participate in the live telephone conference
– Industrial Property Acquisition within Prime Infill Southern California Submarket –– Year-to-Date Investments total $1.1 Billion – LOS ANGELES, July 24, 2023 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced the acquisition of an industrial property for a purchase price of $210 million. The acquisition was funded using proceeds from forward equity settlements of which the Company now has approximately $448 million remaining for settlement.
LOS ANGELES, June 21, 2023 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release second quarter 2023 financial results after the market closes on Wednesday, July 19, 2023. A conference call with senior management will be held on Thursday, July 20, 2023 at 1:00 p.m. Eastern Time. To participate in the live telephone conference call,