Rexford 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. Rexford Industrial Realty, L.P. is the operating partnership of the Company. Through its controlling interest in Operating Partnership and its subsidiaries, the Company owns, manages, leases, acquires and develops industrial real estate located in Southern California infill markets, and from time to time, acquires or provides mortgage debt secured by industrial property. As of July 19, 2017, the Company's consolidated portfolio consisted of 142 properties with approximately 17.7 million rentable square feet. In addition, the Company managed an additional 19 properties with approximately 1.2 million rentable square feet.
Industry, Sector and Symbol:
Capitalization:- Market Cap: $2.09 billion
- Outstanding Shares: 70,810,000
Average Prices:- 50 Day Moving Avg: $29.07
- 200 Day Moving Avg: $26.46
- 52 Week Range: $20.05 - $30.60
P/E:- Trailing P/E Ratio: 63.19
- Foreward P/E Ratio: 147.55
- P/E Growth: 9.25
Sales & Book Value:- Annual Revenue: $139.65 million
- Price / Sales: 14.96
- Book Value: $13.76 per share
- Price / Book: 2.14
Dividend:- Annual Dividend: $0.58
- Dividend Yield: 1.9%
Profitability:- EBIDTA: $82.43 million
- Net Margins: 25.38%
- Return on Equity: 3.72%
- Return on Assets: 2.15%
Debt:- Debt-to-Equity Ratio: 0.56%
- Current Ratio: 1.10%
- Quick Ratio: 1.10%
Misc:- Average Volume: 573,438 shs.
- Beta: 0.77
- Short Ratio: 2.82
Frequently Asked Questions for Rexford Industrial Realty (NYSE:REXR)
What is Rexford Industrial Realty's stock symbol?
Rexford Industrial Realty trades on the New York Stock Exchange (NYSE) 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 Wednesday, August 2nd. Shareholders of record on Friday, September 29th will be paid a dividend of $0.145 per share on Monday, October 16th. This represents a $0.58 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Thursday, September 28th. This is a positive change from Rexford Industrial Realty's previous quarterly dividend of $0.14. View Rexford Industrial Realty's Dividend History.
How were Rexford Industrial Realty's earnings last quarter?
Rexford Industrial Realty, Inc. (NYSE:REXR) announced its earnings results on Wednesday, May, 4th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.01. The company earned $27.50 million during the quarter, compared to analysts' expectations of $24.19 million. Rexford Industrial Realty had a net margin of 25.38% and a return on equity of 3.72%. Rexford Industrial Realty's revenue for the quarter was up 29.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.20 earnings per share. View Rexford Industrial Realty's Earnings History.
Where is Rexford Industrial Realty's stock going? Where will Rexford Industrial Realty's stock price be in 2017?
3 brokerages have issued 1 year price targets for Rexford Industrial Realty's shares. Their predictions range from $14.00 to $30.00. On average, they expect Rexford Industrial Realty's stock price to reach $23.75 in the next year. View Analyst Ratings for Rexford Industrial Realty.
Who are some of Rexford Industrial Realty's key competitors?
Some companies that are related to Rexford Industrial Realty include Umpqua Holdings Corporation (UMPQ), The Hanover Insurance Group (THG), Apple Hospitality REIT (APLE), IBERIABANK Corporation (IBKC), Wintrust Financial Corporation (WTFC), Weingarten Realty Investors (WRI), Texas Capital Bancshares (TCBI), Popular (BPOP), Navient Corporation (NAVI), Healthcare Realty Trust Incorporated (HR), Investors Bancorp (ISBC), CNO Financial Group (CNO), Hancock Holding Company (HBHC), BGC Partners (BGCP), Cousins Properties Incorporated (CUZ), Spirit Realty Capital (SRC), Radian Group (RDN) and Paramount Group (PGRE).
Who are Rexford Industrial Realty's key executives?
Rexford Industrial Realty's management team includes the folowing people:
- Richard S. Ziman, Chairman of the Board
- Michael S. Frankel, Co-Chief Executive Officer, Director
- Howard Schwimmer, Co-Chief Executive Officer, Director
- Adeel Khan, Chief Financial Officer
- David E. Lanzer, General Counsel, Secretary
- Robert L. Antin, Independent Director
- Steven Cary Good, Independent Director
- Tyler H. Rose, Independent Director
- Peter E. Schwab, Independent Director
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.
What is Rexford Industrial Realty's stock price today?
One share of Rexford Industrial Realty stock can currently be purchased for approximately $29.51.
MarketBeat Community Rating for Rexford Industrial Realty (NYSE REXR)MarketBeat's community ratings are surveys of what our community members think about Rexford Industrial Realty and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Rexford Industrial Realty (NYSE:REXR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $23.75 (19.52% downside) |
Analysts' Ratings History for Rexford Industrial Realty (NYSE:REXR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/8/2017 | FBR & Co | Boost Price Target | Mkt Perform | $26.00 -> $27.00 | Low |  |
| 6/14/2017 | Stifel Nicolaus | Boost Price Target | Buy | $27.50 -> $30.00 | Low | |
| 5/12/2017 | National Securities | Reiterated Rating | Neutral | $14.00 | Low | |
| 5/10/2017 | Wunderlich | Boost Price Target | Hold | $22.00 -> $24.00 | Low | |
| 5/16/2016 | Hudson Square Research | Reiterated Rating | Hold | $18.00 -> $20.00 | N/A | |
| 5/7/2016 | Jefferies Group LLC | Reiterated Rating | Buy | $21.00 -> $22.00 | N/A | |
| 2/24/2016 | Capital One Financial Corporation | Downgrade | Overweight -> Equal Weight | | N/A | |
| 12/15/2015 | Wells Fargo & Company | Downgrade | Outperform -> Market Perform | | N/A | |
| 10/9/2015 | J P Morgan Chase & Co | Boost Price Target | Overweight | $16.50 | N/A | |
| 9/25/2015 | Citigroup Inc. | Lower Price Target | Neutral | $17.00 -> $15.00 | N/A | |
(Data available from 9/24/2015 forward)
Earnings History for Rexford Industrial Realty (NYSE:REXR)Earnings History by Quarter for Rexford Industrial Realty (NYSE REXR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/4/2016 | Q116 | $0.21 | $0.22 | $24.19 million | $27.50 million | View | N/A | |
| 2/18/2016 | Q415 | $0.20 | $0.21 | $22.20 million | $14.30 million | View | Listen | |
| 11/4/2015 | Q315 | $0.19 | $0.20 | $20.71 million | $23.67 million | View | N/A | |
| 8/5/2015 | Q215 | $0.20 | $0.19 | $20.78 million | $22.72 million | View | N/A | |
| 5/6/2015 | Q115 | $0.20 | $0.20 | $20.60 million | $21.30 million | View | N/A | |
| 2/27/2015 | Q4 | $0.20 | $0.19 | $18.28 million | $19.60 million | View | N/A | |
| 11/4/2014 | | $0.22 | $0.23 | | | View | N/A | |
| 8/7/2014 | | $0.20 | $0.22 | | | View | N/A | |
| 5/12/2014 | Q114 | $0.18 | $0.19 | $12.13 million | $13.69 million | View | N/A | |
| 3/13/2014 | | $0.16 | $0.17 | | | View | N/A | |
| 11/11/2013 | Q313 | $0.14 | $0.01 | $0.92 million | $9.17 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Rexford Industrial Realty (NYSE:REXR)Current Year EPS Consensus Estimate: $0.36 EPS
Next Year EPS Consensus Estimate: $0.20 EPS
Current Dividend Information for Rexford Industrial Realty (NYSE:REXR)| Next Dividend: | 10/16/2017 |
| Annual Dividend: | $0.58 |
| Dividend Yield: | 1.97% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 128.89% (Trailing 12 Months of Earnings)
161.11% (Based on This Year's Estimates)
290.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Rexford Industrial Realty (NYSE REXR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/2/2017 | Quarterly | $0.15 | | 9/28/2017 | 9/29/2017 | 10/16/2017 |
| 5/6/2016 | quarterly | $0.14 | 2.74% | 6/28/2016 | 6/30/2016 | 7/15/2016 |
| 2/22/2016 | quarterly | $0.14 | 3.14% | 3/29/2016 | 3/31/2016 | 4/15/2016 |
| 11/5/2015 | quarterly | $0.14 | 3.56% | 12/29/2015 | 12/31/2015 | 1/15/2016 |
| 8/4/2015 | quarterly | $0.14 | 3.73% | 9/28/2015 | 9/30/2015 | 10/15/2015 |
| 5/8/2015 | quarterly | $0.12 | 3.25% | 6/26/2015 | 6/30/2015 | 7/15/2015 |
| 2/27/2015 | quarterly | $0.12 | 2.99% | 3/27/2015 | 3/31/2015 | 4/15/2015 |
| 12/12/2014 | quarterly | $0.12 | 3.11% | 12/29/2014 | 12/31/2014 | 1/15/2015 |
| 8/11/2014 | quarterly | $0.12 | 3.44% | 9/26/2014 | 9/30/2014 | 10/15/2014 |
| 6/9/2014 | quarterly | $0.12 | 3.35% | 6/26/2014 | 6/30/2014 | 7/15/2014 |
| 3/17/2014 | quarterly | $0.12 | 3.36% | 3/27/2014 | 3/31/2014 | 4/15/2014 |
| 12/9/2013 | | $0.12 | | 12/26/2013 | 12/30/2013 | 1/14/2014 |
| 12/9/2013 | special | $0.09 | | 12/26/2013 | 12/30/2013 | 1/14/2014 |
| 12/9/2013 | quarterly | $0.09 | 3.46% | 12/26/2013 | 12/30/2013 | 1/14/2014 |
(Data available from 1/1/2013 forward)
Headline Trends for Rexford Industrial Realty (NYSE:REXR)
Latest Headlines for Rexford Industrial Realty (NYSE:REXR)
| Source: |
|
| Date | Headline |
|---|
 | Comparing Rexford Industrial Realty (REXR) & Terreno Realty (TRNO)
www.americanbankingnews.com - September 20 at 12:16 AM |
| Contrasting Prologis (AMB) & Rexford Industrial Realty (REXR)
www.americanbankingnews.com - September 5 at 6:02 PM |
| Rexford Industrial Realty (REXR) versus EastGroup Properties (EGP) Critical Review
www.americanbankingnews.com - August 22 at 8:26 PM |
| Analysts Anticipate Rexford Industrial Realty, Inc. (REXR) Will Post Quarterly Sales of $38.82 Million
www.americanbankingnews.com - August 16 at 8:02 AM |
 | See what the IHS Markit Score report has to say about Rexford Industrial Realty Inc.
finance.yahoo.com - August 15 at 6:40 AM |
| Rexford Industrial Realty, Inc. breached its 50 day moving average in a Bearish Manner : REXR-US : August 8, 2017
finance.yahoo.com - August 9 at 6:53 AM |
| Rexford Industrial Realty, Inc. (NYSE:REXR) Lifted to "Buy" at BidaskClub
www.americanbankingnews.com - August 4 at 8:40 PM |
| Rexford Industrial Realty, Inc. (REXR) to Issue Dividend Increase - $0.15 Per Share
www.americanbankingnews.com - August 3 at 1:34 PM |
| Rexford Industrial Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 2 at 7:07 AM |
| Rexford Industrial reports 2Q results
finance.yahoo.com - August 2 at 7:07 AM |
 | Rexford Industrial Realty (REXR) Reports Acquisition of Industrial Property in Los Angeles, CA for $14.6M
www.streetinsider.com - August 1 at 5:41 AM |
| Brokerages Anticipate Rexford Industrial Realty, Inc. (NYSE:REXR) Will Post Quarterly Sales of $36.55 Million
www.americanbankingnews.com - July 29 at 7:28 AM |
| Rexford Industrial Realty (REXR) Buys Industrial Park For $210.5M
www.streetinsider.com - July 20 at 7:12 AM |
| Rexford Industrial Acquires Industrial Park For $210.5 Million
finance.yahoo.com - July 20 at 7:12 AM |
| Rexford Industrial Sets Date For Second Quarter 2017 Earnings Release And Conference Call
finance.yahoo.com - July 18 at 7:51 AM |
| Rexford Industrial Realty (REXR) to Divest Property for $18.7M & Acquire 3 Properties for $71.5M
www.streetinsider.com - July 13 at 8:43 AM |
| Rexford Industrial Acquires Three Properties For $71.5 Million And Sells Property For $18.7 Million
finance.yahoo.com - July 13 at 8:42 AM |
| Rexford Industrial Realty, Inc. (REXR) Expected to Announce Quarterly Sales of $36.00 Million
www.americanbankingnews.com - July 5 at 11:02 AM |
| Brokerages Expect Rexford Industrial Realty, Inc. (REXR) Will Post Earnings of $0.23 Per Share
www.americanbankingnews.com - July 3 at 11:20 AM |
| Rexford Industrial Realty, Inc. : REXR-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : June 20, 2017
finance.yahoo.com - June 21 at 3:32 AM |
| Head-To-Head Survey: First Industrial Realty Trust (FR) & Rexford Industrial Realty (REXR)
www.americanbankingnews.com - June 17 at 8:32 PM |
| Contrasting Monmouth Real Estate Investment Corporation (MNR) and Rexford Industrial Realty (REXR)
www.americanbankingnews.com - June 15 at 12:32 PM |
| Rexford Industrial Realty (REXR) PT Raised to $30 at Stifel
www.streetinsider.com - June 15 at 12:04 AM |
| Rexford Industrial Realty, Inc. : REXR-US: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 14, 2017
finance.yahoo.com - June 15 at 12:04 AM |
| Rexford Industrial Realty, Inc. (REXR) Price Target Raised to $30.00
www.americanbankingnews.com - June 14 at 5:58 PM |
| Rexford Industrial Realty Inc (REXR) Expected to Announce Quarterly Sales of $36.05 Million
www.americanbankingnews.com - June 9 at 3:22 PM |
| $0.23 Earnings Per Share Expected for Rexford Industrial Realty Inc (REXR) This Quarter
www.americanbankingnews.com - June 7 at 8:34 AM |
| Critical Contrast: Rexford Industrial Realty (REXR) versus CubeSmart (CUBE)
www.americanbankingnews.com - June 4 at 7:28 AM |
| Rexford Industrial To Present At NAREIT's REITWeek 2017
finance.yahoo.com - May 31 at 7:34 PM |
| Rexford Industrial Acquires Industrial Park For $141.2 Million; Sells Project For $40.1 Million
finance.yahoo.com - May 26 at 6:29 AM |
| $35.88 Million in Sales Expected for Rexford Industrial Realty Inc (REXR) This Quarter
www.americanbankingnews.com - May 13 at 8:42 AM |
| Rexford Industrial Realty's (REXR) Neutral Rating Reaffirmed at National Securities
www.americanbankingnews.com - May 12 at 6:30 PM |
| Analysts Expect Rexford Industrial Realty Inc (REXR) Will Announce Earnings of $0.23 Per Share
www.americanbankingnews.com - May 11 at 12:20 PM |
| Wunderlich Raises Rexford Industrial Realty Inc (REXR) Price Target to $24.00
www.americanbankingnews.com - May 10 at 2:48 PM |
| Rexford Industrial Realty (REXR) PT Raised to $24 at Wunderlich Securities
www.streetinsider.com - May 9 at 7:02 PM |
 | Rexford Industrial Realty's (REXR) CEO Michael Frankel on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 4 at 12:26 AM |
| Rexford Industrial Realty EPS in-line, beats on revenue
seekingalpha.com - May 3 at 7:26 PM |
| Rexford Industrial Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 3 at 7:26 PM |
| Rexford Industrial reports 1Q results
finance.yahoo.com - May 3 at 7:26 PM |
| Rexford Industrial Realty (REXR) Buys Industrial Property for $26.5M, Divests Separate Property for $6.9M
www.streetinsider.com - May 1 at 10:18 AM |
| Rexford Industrial Acquires Industrial Property For $16.5 Million And Sells Property For $6.9 Million
finance.yahoo.com - May 1 at 10:18 AM |
| Analysts Anticipate Rexford Industrial Realty Inc (REXR) Will Post Quarterly Sales of $35.11 Million
www.americanbankingnews.com - April 22 at 8:11 AM |
| Post Earnings Coverage as Prologis' Revenue and FFO Numbers Exceeded Market Expectations
finance.yahoo.com - April 21 at 8:34 AM |
| Rexford Industrial Sets Date For First Quarter 2017 Earnings Release And Conference Call
finance.yahoo.com - April 12 at 6:31 PM |
| Rexford Industrial Realty, Inc. : REXR-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 7:20 PM |
| Rexford Industrial Realty, Inc. breached its 50 day moving average in a Bullish Manner : REXR-US : April 4, 2017
finance.yahoo.com - April 7 at 12:15 PM |
| Rexford Industrial Realty goes ex-dividend tomorrow
seekingalpha.com - March 29 at 8:39 AM |
 | Rexford Industrial Realty, Inc. (REXR) Ex-Dividend Date Scheduled for March 29 ...
www.nasdaq.com - March 29 at 8:39 AM |
| Rexford Industrial Realty (REXR) Presents At Citi Global Property CEO Conference 2017
seekingalpha.com - March 7 at 7:23 PM |
| Rexford Industrial To Present At The 2017 Citi Global Property CEO Conference
finance.yahoo.com - March 3 at 7:33 PM |
Rexford Industrial Realty (REXR) Chart for Sunday, September, 24, 2017
