Rexford Industrial Realty Company Profile (NASDAQ:REXR)

About Rexford Industrial Realty

Rexford Industrial Realty logoRexford Industrial Realty, Inc. is a self-administered and self-managed full-service real estate investment trust (REIT). The Company is focused on owning, operating and acquiring industrial properties in Southern California infill markets. The Company's consolidated portfolio consisted of approximately 119 properties with over 12.0 million rentable square feet. The Company also owns interest in a joint venture (the JV) that indirectly owns one property with approximately 0.5 million square feet, which it also manages. The Company manages an additional 19 properties with approximately 1.2 million rentable square feet. The Company's properties are concentrated in various industries, such as wholesale and retail, light manufacturing, industrial equipment and components, warehousing and storage, food and beverage, business services, construction, automotive, paper and printing, pharmaceuticals and healthcare.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: REXR
  • CUSIP:
Key Metrics:
  • Previous Close: $23.28
  • 50 Day Moving Average: $23.21
  • 200 Day Moving Average: $22.36
  • 52-Week Range: $16.50 - $24.39
  • Trailing P/E Ratio: 64.67
  • Foreward P/E Ratio: 105.00
  • P/E Growth: 12.93
  • Market Cap: $1.53B
  • Outstanding Shares: 65,725,000
Additional Links:

Analyst Ratings

Consensus Ratings for Rexford Industrial Realty (NASDAQ:REXR) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $23.67 (2.45% upside)

Analysts' Ratings History for Rexford Industrial Realty (NASDAQ:REXR)
Show:
DateFirmActionRatingPrice TargetDetails
11/18/2016National SecuritiesReiterated RatingNeutral -> Neutral$22.00 -> $22.00View Rating Details
11/9/2016DA DavidsonReiterated RatingBuy$27.00View Rating Details
8/18/2016Jefferies Group LLCReiterated RatingBuyView Rating Details
7/7/2016Citigroup Inc.Boost Price TargetNeutral$18.50 -> $22.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Rexford Industrial Realty (NASDAQ:REXR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/16/2017Q416$0.23$0.23$29.45 million$34.77 millionViewN/AView Earnings Details
11/2/2016Q316$0.21$0.22$27.68 million$32.94 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rexford Industrial Realty (NASDAQ:REXR)
Current Year EPS Consensus Estimate: $0.18 EPS
Next Year EPS Consensus Estimate: $0.22 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.20$0.21$0.21
Q2 20163$0.19$0.22$0.20
Q3 20163$0.21$0.22$0.22
Q4 20163$0.20$0.23$0.22
Q1 20173$0.22$0.23$0.23
Q2 20173$0.23$0.24$0.24
Q3 20173$0.23$0.25$0.24
Q4 20173$0.24$0.26$0.25
Q1 20181$0.26$0.26$0.26
Q2 20181$0.26$0.26$0.26
Q3 20181$0.27$0.27$0.27
Q4 20181$0.29$0.29$0.29
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Rexford Industrial Realty (NASDAQ:REXR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/17/2017quarterly$0.142.36%3/29/20173/31/20174/17/2017
11/4/2016quarterly$0.142.61%12/28/201612/30/20161/17/2017
8/4/2016quarterly$0.142.43%9/28/20169/30/201610/17/2016
5/4/2016Quarterly$0.146/28/20166/30/20167/15/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Rexford Industrial Realty (NASDAQ:REXR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/9/2016Adeel KhanCFOBuy5,360$24.65$132,124.00View SEC Filing  
11/8/2016Adeel KhanCFOBuy100$24.65$2,465.00View SEC Filing  
6/14/2016Howard SchwimmerCEOSell11,900$20.56$244,664.00View SEC Filing  
6/13/2016Adeel KhanCFOSell17,893$20.87$373,426.91View SEC Filing  
6/3/2016Michael S FrankelCEOSell23,380$20.06$469,002.80View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Rexford Industrial Realty (NASDAQ:REXR)
DateHeadline
capitalcube.com logoRexford Industrial Realty, Inc. :REXR-US: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (NASDAQ:REXR)
www.capitalcube.com - February 21 at 5:20 PM
seekingalpha.com logoRexford Industrial Realty's (REXR) CEO Michael Frankel on Q4 2016 Results - Earnings Call Transcript (NASDAQ:REXR)
seekingalpha.com - February 17 at 7:56 PM
4-traders.com logoRexford Industrial Realty : reports 4Q results (NASDAQ:REXR)
www.4-traders.com - February 17 at 7:56 PM
News IconRexford Industrial Realty Inc (REXR): Are analysts right about the Drop in earnings? (NASDAQ:REXR)
simplywall.st - February 17 at 7:56 PM
marketexclusive.com logoREXFORD INDUSTRIAL REALTY, INC. (NYSE:REXR) Files An 8-K Results of Operations and Financial Condition (NASDAQ:REXR)
marketexclusive.com - February 17 at 7:56 PM
finance.yahoo.com logoEdited Transcript of REXR earnings conference call or presentation 16-Feb-17 10:00pm GMT (NASDAQ:REXR)
finance.yahoo.com - February 17 at 7:56 PM
4-traders.com logoRexford Industrial Realty : Reports Taxable Composition Of 2016 Dividends (NASDAQ:REXR)
www.4-traders.com - January 26 at 3:18 AM
nasdaq.com logoRexford Industrial Realty, Inc. (REXR) Ex-Dividend Date Scheduled for December ... (NASDAQ:REXR)
www.nasdaq.com - December 27 at 3:36 PM
biz.yahoo.com logoREXFORD INDUSTRIAL REALTY, INC. Files SEC form 8-K/A, Completion of Acquisition or Disposition of Assets, Financial S (NASDAQ:REXR)
biz.yahoo.com - December 6 at 8:57 AM
capitalcube.com logoETFs with exposure to Rexford Industrial Realty, Inc. : November 22, 2016 (NASDAQ:REXR)
www.capitalcube.com - November 22 at 7:21 PM
capitalcube.com logoRexford Industrial Realty, Inc. :REXR-US: Earnings Analysis: Q3, 2016 By the Numbers : November 17, 2016 (NASDAQ:REXR)
www.capitalcube.com - November 17 at 11:11 AM
nasdaq.com logoRelative Strength Alert For Rexford Industrial Realty (NASDAQ:REXR)
www.nasdaq.com - November 12 at 9:41 AM
finance.yahoo.com logoBlog Coverage Rexford Industrial Realty Acquires Industrial Building (NASDAQ:REXR)
finance.yahoo.com - November 9 at 9:46 AM
4-traders.com logoRexford Industrial Realty : Acquires Industrial Property For $7.2 Million (NASDAQ:REXR)
www.4-traders.com - October 31 at 6:53 PM
streetinsider.com logoRexford Industrial Realty (REXR) Acquires North San Diego County-Located Industrial Property (NASDAQ:REXR)
www.streetinsider.com - October 31 at 6:53 PM
publicnow.com logoRexford Industrial Acquires Industrial Property For $7.2 Million (NASDAQ:REXR)
www.publicnow.com - October 31 at 7:58 AM
publicnow.com logoRexford Industrial Sets Date For Third Quarter 2016 Earnings Release And Conference Call (NASDAQ:REXR)
www.publicnow.com - October 13 at 7:11 PM
feeds.benzinga.com logoRexford Industrial Realty Falls 2% On Share Offering, Cites 'Potential Acquisition Opportunities' (NASDAQ:REXR)
feeds.benzinga.com - April 12 at 9:18 AM
finance.yahoo.com logoRexford Industrial to Present at the 2016 Citi Global Property CEO Conference (NASDAQ:REXR)
finance.yahoo.com - March 9 at 6:45 AM
biz.yahoo.com logoREXFORD INDUSTRIAL REALTY, INC. Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under (NASDAQ:REXR)
biz.yahoo.com - March 1 at 5:30 PM
investors.com logoTiming Doesn’t Look Right For Property REIT Stocks (NASDAQ:REXR)
www.investors.com - February 29 at 4:34 PM
biz.yahoo.com logoREXFORD INDUSTRIAL REALTY, INC. Files SEC form 10-K, Annual Report (NASDAQ:REXR)
biz.yahoo.com - February 25 at 6:23 AM
finance.yahoo.com logoRexford Industrial Realty downgraded by CapitalOne (NASDAQ:REXR)
finance.yahoo.com - February 24 at 9:31 AM
investors.com logoProfits Come In For 2 Real Estate Investment Trusts (NASDAQ:REXR)
www.investors.com - February 22 at 7:12 PM
capitalcube.com logoRexford Industrial Realty, Inc. Earnings Analysis: 2015 By the Numbers (NASDAQ:REXR)
www.capitalcube.com - February 22 at 11:08 AM
thestreet.com logoNew Lifetime High Reached By Rexford Industrial Realty (REXR) (NASDAQ:REXR)
www.thestreet.com - February 20 at 3:01 PM
msn.com logoRexford Industrial Realty's (REXR) CEO Michael Frankel on Q4 2015 Results - Earnings Call Transcript (NASDAQ:REXR)
www.msn.com - February 20 at 3:01 PM
finance.yahoo.com logoEdited Transcript of REXR earnings conference call or presentation 18-Feb-16 10:00pm GMT (NASDAQ:REXR)
finance.yahoo.com - February 19 at 3:41 AM
sg.finance.yahoo.com logoRexford Industrial reports 4Q results (NASDAQ:REXR)
sg.finance.yahoo.com - February 18 at 5:17 PM
biz.yahoo.com logoREXFORD INDUSTRIAL REALTY, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disc (NASDAQ:REXR)
biz.yahoo.com - February 18 at 4:22 PM
finance.yahoo.com logoRexford Industrial Announces Fourth Quarter and Full Year 2015 Financial Results (NASDAQ:REXR)
finance.yahoo.com - February 18 at 4:18 PM
biz.yahoo.com logoQ4 2015 Rexford Industrial Realty Inc Earnings Release - After Market Close (NASDAQ:REXR)
biz.yahoo.com - February 18 at 7:07 AM
capitalcube.com logoRexford Industrial Realty, Inc. breached its 50 day moving average in a Bearish Manner : February 12, 2016 (NASDAQ:REXR)
www.capitalcube.com - February 12 at 8:14 AM
investors.com logoRexford Industrial Looking At Sunny Skies In California (NASDAQ:REXR)
www.investors.com - February 8 at 6:00 PM
finance.yahoo.com logoRexford Industrial Sets Date for Fourth Quarter 2015 Earnings Release and Conference Call (NASDAQ:REXR)
finance.yahoo.com - February 1 at 4:15 PM
investors.com logoRexford Stays Close To Home In Order To Prosper (NASDAQ:REXR)
www.investors.com - January 27 at 2:02 PM
capitalcube.com logoRexford Industrial Realty, Inc. breached its 50 day moving average in a Bullish Manner : January 27, 2016 (NASDAQ:REXR)
www.capitalcube.com - January 27 at 8:01 AM
publicnow.com logoRexford Industrial Reports Taxable Composition of 2015 Dividends (NASDAQ:REXR)
www.publicnow.com - January 26 at 4:54 PM
finance.yahoo.com logoRexford Industrial Realty, Inc. (REXR) (NASDAQ:REXR)
finance.yahoo.com - January 23 at 11:38 AM
biz.yahoo.com logoREXFORD INDUSTRIAL REALTY, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements (NASDAQ:REXR)
biz.yahoo.com - January 20 at 5:18 PM
capitalcube.com logoRexford Industrial Realty, Inc. breached its 50 day moving average in a Bearish Manner : January 11, 2016 (NASDAQ:REXR)
www.capitalcube.com - January 11 at 8:03 AM
noodls.com logoRexford Industrial Acquires Industrial Property for $17.1 Million (NASDAQ:REXR)
www.noodls.com - January 4 at 6:58 AM
biz.yahoo.com logoREXFORD INDUSTRIAL REALTY, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors o (NASDAQ:REXR)
biz.yahoo.com - December 21 at 6:08 AM
noodls.com logoRexford Industrial Acquires Two Industrial Properties for $21.0 Million (NASDAQ:REXR)
www.noodls.com - December 17 at 7:06 AM
noodls.com logoRexford Industrial Acquires Industrial Property for $13.0 Million (NASDAQ:REXR)
www.noodls.com - December 10 at 8:17 AM
finance.yahoo.com logoREXFORD INDUSTRIAL REALTY, INC. Financials (NASDAQ:REXR)
finance.yahoo.com - December 8 at 1:17 PM
biz.yahoo.com logoREXFORD INDUSTRIAL REALTY, INC. Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:REXR)
biz.yahoo.com - November 17 at 10:58 AM
noodls.com logoRexford Industrial Announces Completion of Value-Add Repositioning and Lease-Up at 7900 Nelson Road (NASDAQ:REXR)
www.noodls.com - November 9 at 7:06 AM

Social

What is Rexford Industrial Realty's stock symbol?

Rexford Industrial Realty trades on the NASDAQ under the ticker symbol "REXR."

How often does Rexford Industrial Realty pay dividends? What is the dividend yield for Rexford Industrial Realty?

Rexford Industrial Realty declared a quarterly dividend on Friday, February 17th. Stockholders of record on Friday, March 31st will be given a dividend of $0.135 per share on Monday, April 17th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend is Wednesday, March 29th.

Where is Rexford Industrial Realty's stock going? Where will Rexford Industrial Realty's stock price be in 2017?

4 equities research analysts have issued 1 year target prices for Rexford Industrial Realty's shares. Their predictions range from $22.00 to $27.00. On average, they anticipate Rexford Industrial Realty's share price to reach $23.67 in the next year.

When will Rexford Industrial Realty announce their earnings?

Rexford Industrial Realty is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Rexford Industrial Realty stock?

Here are some recent quotes from research analysts about Rexford Industrial Realty stock:

  • According to Zacks Investment Research, "Rexford Industrial Realty, Inc. is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. Rexford Industrial Realty, Inc. is based in Los Angeles, California. " (2/1/2017)

  • National Securities analysts commented, "REXR 3Q16 Earnings Recap. Southern California remains one of the tightest industrial markets in the country, with occupancy rates approaching 100% in several core sub-markets and it’s already highest asking rents in the nation only expected to increase further, the high demand/low supply dynamic that exists is unlike any other in the country. REXR, cognizant of the market dynamics of late has been aggressively growing its portfolio, which at 14.5mln square feet is up 31.7% Y/Y, besting similarly sized competitors. Despite the unique market dynamics present in its geographic region, the sizeable valuation premiums currently ascribed to the shares seem to accurately account for them. Its 24.41x P/FFO is at a 31.3% premium to the 18.58x sector median and its 1.06x P/NAV value is at a 8.39% premium to the 0.97x sector average. Though we are fundamentally positive on the industrial REIT sector as a whole and recognize the unique environment REXR operates in, the shares are already trading at significant premiums to its peers, incorporating the effect of those market dynamics. As such, we are maintaining our Neutral rating and $22.00 price target.

    " (11/18/2016)

Who owns Rexford Industrial Realty stock?

Rexford Industrial Realty's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (3.22%), Russell Investments Group Ltd. (1.44%), Dimensional Fund Advisors LP (1.14%), Heitman Real Estate Securities LLC (0.83%), Franklin Resources Inc. (0.59%) and Guggenheim Capital LLC (0.45%). Company insiders that own Rexford Industrial Realty stock include Adeel Khan, Howard Schwimmer and Michael S Frankel.

Who sold Rexford Industrial Realty stock? Who is selling Rexford Industrial Realty stock?

Rexford Industrial Realty's stock was sold by a variety of institutional investors in the last quarter, including Heitman Real Estate Securities LLC, Franklin Resources Inc., Castle Ridge Investment Management LP, Asset Management One Co. Ltd., AQR Capital Management LLC, Guggenheim Capital LLC, Metropolitan Life Insurance Co. NY and Envestnet Asset Management Inc.. Company insiders that have sold Rexford Industrial Realty stock in the last year include Adeel Khan, Howard Schwimmer and Michael S Frankel.

Who bought Rexford Industrial Realty stock? Who is buying Rexford Industrial Realty stock?

Rexford Industrial Realty's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Friedberg Investment Management, State Street Corp, Davis Selected Advisers, Dynamic Technology Lab Private Ltd and Credit Agricole S A.

How do I buy Rexford Industrial Realty stock?

Shares of Rexford Industrial Realty can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Rexford Industrial Realty stock cost?

One share of Rexford Industrial Realty stock can currently be purchased for approximately $23.10.

Rexford Industrial Realty (NASDAQ:REXR) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Rexford Industrial Realty (NASDAQ:REXR)

Earnings History Chart

Earnings by Quarter for Rexford Industrial Realty (NASDAQ:REXR)

Dividend History Chart

Dividend Payments by Quarter for Rexford Industrial Realty (NASDAQ:REXR)

Last Updated on 2/22/2017 by MarketBeat.com Staff