Rexford Industrial Realty Company Profile (NYSE:REXR)

About Rexford Industrial Realty (NYSE:REXR)

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. 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?

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)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  119 (Vote Outperform)
Underperform Votes:  79 (Vote Underperform)
Total Votes:  198
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.

Analyst Ratings

Consensus Ratings for Rexford Industrial Realty (NYSE:REXR) (How are Consensus Ratings Calculated?)
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:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/8/2017FBR & CoBoost Price TargetMkt Perform$26.00 -> $27.00LowView Rating Details
6/14/2017Stifel NicolausBoost Price TargetBuy$27.50 -> $30.00LowView Rating Details
5/12/2017National SecuritiesReiterated RatingNeutral$14.00LowView Rating Details
5/10/2017WunderlichBoost Price TargetHold$22.00 -> $24.00LowView Rating Details
5/16/2016Hudson Square ResearchReiterated RatingHold$18.00 -> $20.00N/AView Rating Details
5/7/2016Jefferies Group LLCReiterated RatingBuy$21.00 -> $22.00N/AView Rating Details
2/24/2016Capital One Financial CorporationDowngradeOverweight -> Equal WeightN/AView Rating Details
12/15/2015Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
10/9/2015J P Morgan Chase & CoBoost Price TargetOverweight$16.50N/AView Rating Details
9/25/2015Citigroup Inc.Lower Price TargetNeutral$17.00 -> $15.00N/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Rexford Industrial Realty (NYSE:REXR)
Earnings by Quarter for Rexford Industrial Realty (NYSE:REXR)
Earnings History by Quarter for Rexford Industrial Realty (NYSE REXR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2016Q116$0.21$0.22$24.19 million$27.50 millionViewN/AView Earnings Details
2/18/2016Q415$0.20$0.21$22.20 million$14.30 millionViewListenView Earnings Details
11/4/2015Q315$0.19$0.20$20.71 million$23.67 millionViewN/AView Earnings Details
8/5/2015Q215$0.20$0.19$20.78 million$22.72 millionViewN/AView Earnings Details
5/6/2015Q115$0.20$0.20$20.60 million$21.30 millionViewN/AView Earnings Details
2/27/2015Q4$0.20$0.19$18.28 million$19.60 millionViewN/AView Earnings Details
11/4/2014$0.22$0.23ViewN/AView Earnings Details
8/7/2014$0.20$0.22ViewN/AView Earnings Details
5/12/2014Q114$0.18$0.19$12.13 million$13.69 millionViewN/AView Earnings Details
3/13/2014$0.16$0.17ViewN/AView Earnings Details
11/11/2013Q313$0.14$0.01$0.92 million$9.17 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rexford Industrial Realty (NYSE:REXR)
Current Year EPS Consensus Estimate: $0.36 EPS
Next Year EPS Consensus Estimate: $0.20 EPS

Dividends

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 Payments by Quarter for Rexford Industrial Realty (NYSE:REXR)

Dividend History by Quarter for Rexford Industrial Realty (NYSE REXR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2017Quarterly$0.159/28/20179/29/201710/16/2017
5/6/2016quarterly$0.142.74%6/28/20166/30/20167/15/2016
2/22/2016quarterly$0.143.14%3/29/20163/31/20164/15/2016
11/5/2015quarterly$0.143.56%12/29/201512/31/20151/15/2016
8/4/2015quarterly$0.143.73%9/28/20159/30/201510/15/2015
5/8/2015quarterly$0.123.25%6/26/20156/30/20157/15/2015
2/27/2015quarterly$0.122.99%3/27/20153/31/20154/15/2015
12/12/2014quarterly$0.123.11%12/29/201412/31/20141/15/2015
8/11/2014quarterly$0.123.44%9/26/20149/30/201410/15/2014
6/9/2014quarterly$0.123.35%6/26/20146/30/20147/15/2014
3/17/2014quarterly$0.123.36%3/27/20143/31/20144/15/2014
12/9/2013$0.1212/26/201312/30/20131/14/2014
12/9/2013special$0.0912/26/201312/30/20131/14/2014
12/9/2013quarterly$0.093.46%12/26/201312/30/20131/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Rexford Industrial Realty (NYSE:REXR)
Insider Ownership Percentage: 2.10%
Institutional Ownership Percentage: 98.81%
Insider Trades by Quarter for Rexford Industrial Realty (NYSE:REXR)
Institutional Ownership by Quarter for Rexford Industrial Realty (NYSE:REXR)
Insider Trades by Quarter for Rexford Industrial Realty (NYSE:REXR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/10/2015Richard S ZimanDirectorBuy10,000$12.76$127,600.00View SEC Filing  
9/9/2015Michael S FrankelCEOBuy10,000$12.86$128,600.00View SEC Filing  
8/24/2015Howard SchwimmerCEOBuy3,700$13.42$49,654.00View SEC Filing  
5/14/2015Michael S FrankelCEOBuy6,400$14.57$93,248.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Rexford Industrial Realty (NYSE:REXR)
Latest Headlines for Rexford Industrial Realty (NYSE:REXR)
Source:
DateHeadline
americanbankingnews.com logoComparing Rexford Industrial Realty (REXR) & Terreno Realty (TRNO)
www.americanbankingnews.com - September 20 at 12:16 AM
americanbankingnews.com logoContrasting Prologis (AMB) & Rexford Industrial Realty (REXR)
www.americanbankingnews.com - September 5 at 6:02 PM
americanbankingnews.com logoRexford Industrial Realty (REXR) versus EastGroup Properties (EGP) Critical Review
www.americanbankingnews.com - August 22 at 8:26 PM
americanbankingnews.com logo Analysts Anticipate Rexford Industrial Realty, Inc. (REXR) Will Post Quarterly Sales of $38.82 Million
www.americanbankingnews.com - August 16 at 8:02 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Rexford Industrial Realty Inc.
finance.yahoo.com - August 15 at 6:40 AM
finance.yahoo.com logoRexford 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
americanbankingnews.com logoRexford Industrial Realty, Inc. (NYSE:REXR) Lifted to "Buy" at BidaskClub
www.americanbankingnews.com - August 4 at 8:40 PM
americanbankingnews.com logoRexford Industrial Realty, Inc. (REXR) to Issue Dividend Increase - $0.15 Per Share
www.americanbankingnews.com - August 3 at 1:34 PM
finance.yahoo.com logoRexford Industrial Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 2 at 7:07 AM
finance.yahoo.com logoRexford Industrial reports 2Q results
finance.yahoo.com - August 2 at 7:07 AM
streetinsider.com logoRexford Industrial Realty (REXR) Reports Acquisition of Industrial Property in Los Angeles, CA for $14.6M
www.streetinsider.com - August 1 at 5:41 AM
americanbankingnews.com logo 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
streetinsider.com logoRexford Industrial Realty (REXR) Buys Industrial Park For $210.5M
www.streetinsider.com - July 20 at 7:12 AM
finance.yahoo.com logoRexford Industrial Acquires Industrial Park For $210.5 Million
finance.yahoo.com - July 20 at 7:12 AM
finance.yahoo.com logoRexford Industrial Sets Date For Second Quarter 2017 Earnings Release And Conference Call
finance.yahoo.com - July 18 at 7:51 AM
streetinsider.com logoRexford Industrial Realty (REXR) to Divest Property for $18.7M & Acquire 3 Properties for $71.5M
www.streetinsider.com - July 13 at 8:43 AM
finance.yahoo.com logoRexford Industrial Acquires Three Properties For $71.5 Million And Sells Property For $18.7 Million
finance.yahoo.com - July 13 at 8:42 AM
americanbankingnews.com logoRexford Industrial Realty, Inc. (REXR) Expected to Announce Quarterly Sales of $36.00 Million
www.americanbankingnews.com - July 5 at 11:02 AM
americanbankingnews.com logo Brokerages Expect Rexford Industrial Realty, Inc. (REXR) Will Post Earnings of $0.23 Per Share
www.americanbankingnews.com - July 3 at 11:20 AM
finance.yahoo.com logoRexford 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
americanbankingnews.com logoHead-To-Head Survey: First Industrial Realty Trust (FR) & Rexford Industrial Realty (REXR)
www.americanbankingnews.com - June 17 at 8:32 PM
americanbankingnews.com logoContrasting Monmouth Real Estate Investment Corporation (MNR) and Rexford Industrial Realty (REXR)
www.americanbankingnews.com - June 15 at 12:32 PM
streetinsider.com logoRexford Industrial Realty (REXR) PT Raised to $30 at Stifel
www.streetinsider.com - June 15 at 12:04 AM
finance.yahoo.com logoRexford 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
americanbankingnews.com logoRexford Industrial Realty, Inc. (REXR) Price Target Raised to $30.00
www.americanbankingnews.com - June 14 at 5:58 PM
americanbankingnews.com logoRexford Industrial Realty Inc (REXR) Expected to Announce Quarterly Sales of $36.05 Million
www.americanbankingnews.com - June 9 at 3:22 PM
americanbankingnews.com logo$0.23 Earnings Per Share Expected for Rexford Industrial Realty Inc (REXR) This Quarter
www.americanbankingnews.com - June 7 at 8:34 AM
americanbankingnews.com logoCritical Contrast: Rexford Industrial Realty (REXR) versus CubeSmart (CUBE)
www.americanbankingnews.com - June 4 at 7:28 AM
finance.yahoo.com logoRexford Industrial To Present At NAREIT's REITWeek 2017
finance.yahoo.com - May 31 at 7:34 PM
finance.yahoo.com logoRexford Industrial Acquires Industrial Park For $141.2 Million; Sells Project For $40.1 Million
finance.yahoo.com - May 26 at 6:29 AM
americanbankingnews.com logo$35.88 Million in Sales Expected for Rexford Industrial Realty Inc (REXR) This Quarter
www.americanbankingnews.com - May 13 at 8:42 AM
americanbankingnews.com logoRexford Industrial Realty's (REXR) Neutral Rating Reaffirmed at National Securities
www.americanbankingnews.com - May 12 at 6:30 PM
americanbankingnews.com logo Analysts Expect Rexford Industrial Realty Inc (REXR) Will Announce Earnings of $0.23 Per Share
www.americanbankingnews.com - May 11 at 12:20 PM
americanbankingnews.com logoWunderlich Raises Rexford Industrial Realty Inc (REXR) Price Target to $24.00
www.americanbankingnews.com - May 10 at 2:48 PM
streetinsider.com logoRexford Industrial Realty (REXR) PT Raised to $24 at Wunderlich Securities
www.streetinsider.com - May 9 at 7:02 PM
seekingalpha.com logoRexford Industrial Realty's (REXR) CEO Michael Frankel on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 4 at 12:26 AM
seekingalpha.com logoRexford Industrial Realty EPS in-line, beats on revenue
seekingalpha.com - May 3 at 7:26 PM
finance.yahoo.com logoRexford Industrial Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 3 at 7:26 PM
finance.yahoo.com logoRexford Industrial reports 1Q results
finance.yahoo.com - May 3 at 7:26 PM
streetinsider.com logoRexford Industrial Realty (REXR) Buys Industrial Property for $26.5M, Divests Separate Property for $6.9M
www.streetinsider.com - May 1 at 10:18 AM
finance.yahoo.com logoRexford Industrial Acquires Industrial Property For $16.5 Million And Sells Property For $6.9 Million
finance.yahoo.com - May 1 at 10:18 AM
americanbankingnews.com logo Analysts Anticipate Rexford Industrial Realty Inc (REXR) Will Post Quarterly Sales of $35.11 Million
www.americanbankingnews.com - April 22 at 8:11 AM
finance.yahoo.com logoPost Earnings Coverage as Prologis' Revenue and FFO Numbers Exceeded Market Expectations
finance.yahoo.com - April 21 at 8:34 AM
finance.yahoo.com logoRexford Industrial Sets Date For First Quarter 2017 Earnings Release And Conference Call
finance.yahoo.com - April 12 at 6:31 PM
finance.yahoo.com logoRexford 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
finance.yahoo.com logoRexford 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
seekingalpha.com logoRexford Industrial Realty goes ex-dividend tomorrow
seekingalpha.com - March 29 at 8:39 AM
nasdaq.com logoRexford Industrial Realty, Inc. (REXR) Ex-Dividend Date Scheduled for March 29 ...
www.nasdaq.com - March 29 at 8:39 AM
seekingalpha.com logoRexford Industrial Realty (REXR) Presents At Citi Global Property CEO Conference 2017
seekingalpha.com - March 7 at 7:23 PM
finance.yahoo.com logoRexford Industrial To Present At The 2017 Citi Global Property CEO Conference
finance.yahoo.com - March 3 at 7:33 PM

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Chart

Rexford Industrial Realty (REXR) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff