-0.22%
5.17%
-5.20%
-18.86%
-22.68%
-44.43%
-15.63%
AI Spotlight on REXR
Company Description
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.
Market Data
| Last Price | 40.66 |
| Change Percentage | -0.22% |
| Open | 40.68 |
| Previous Close | 40.75 |
| Market Cap ( Millions) | 9042 |
| Volume | 1574084 |
| Year High | 54.6 |
| Year Low | 36.92 |
| M A 50 | 40.25 |
| M A 200 | 45.19 |
Financial Ratios
| FCF Yield | 1.04% |
| Dividend Yield | 4.11% |
| ROE | 3.46% |
| Debt / Equity | 41.51% |
| Net Debt / EBIDTA | 530.46% |
| Price To Book | 1.1 |
| Price Earnings Ratio | 32.23 |
| Price To FCF | 95.88 |
| Price To sales | 10.0 |
| EV / EBITDA | 19.89 |
News
- Jan -25 - 10 Stocks I'm Buying As A New Government Takes Power
- Jan -25 - The Smartest Dividend Stocks to Buy With $200 Right Now
- Jan -23 - Golden Buying Opportunity: Up To 9% Yields For Pennies On The Dollar
- Jan -21 - Rexford Industrial Announces 2024 Tax Treatment of Dividend Distributions
- Jan -21 - My 2 Highest-Upside Stock Picks for 2025
- Jan -20 - Rexford: Increasing My Position
- Jan -18 - 7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
- Jan -18 - Rexford Industrial: A Convincing Dividend Growth Stock To Buy Now
- Jan -16 - Deep Value Dividend Bargains Done Right: The 6 Blue-Chip Deals You Can't Afford To Miss In 2025
- Jan -12 - Better Dividend Stock: Rexford Industrial vs. W.P. Carey
- Jan -11 - A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
- Jan -11 - 2 Incredible Beaten-Down Stocks to Buy in 2025 and Hold Forever
- Jan -11 - 3 No-Brainer, High-Yield REIT Stocks to Buy With $1,000 Right Now
- Jan -10 - Ultra-High Conviction: My 3 Favorite Inflation Stocks
- Jan -09 - Very Bad News For Dividend Stocks
- Jan -07 - World Beaters' 2024 Performance Review
- Jan -07 - The More It Drops, The More I Buy
- Jan -06 - Rexford Industrial Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call
- Jan -06 - Investing In 2025: Ignore Dividends At Your Own Peril
- Jan -05 - Ready, Set, REIT: Why 2025 Could Be A Breakout Year
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Rental
Expected Growth : 12 %
What the company do ?
Rexford Industrial Realty, Inc. offers industrial property rentals, providing flexible and logistics-friendly spaces for businesses, with a focus on Southern California.
Why we expect these perspectives ?
Rexford Industrial Realty's 12% rental growth is driven by increasing demand for logistics and e-commerce facilities, strategic acquisitions, and rent escalations. Additionally, the company's focus on high-growth markets, such as Southern California, and its value-add redevelopment initiatives contribute to its strong growth momentum.
Segment nΒ°2 -> Tenant Reimbursements
Expected Growth : 11 %
What the company do ?
Tenant Reimbursements from Rexford Industrial Realty, Inc. refers to the reimbursements made to the company by its tenants for operating expenses, taxes, and other costs.
Why we expect these perspectives ?
Rexford Industrial Realty's 11% growth in Tenant Reimbursements is driven by increasing occupancy rates, rising rental income, and strategic acquisitions of high-quality industrial properties. Additionally, the company's focus on providing value-added services to tenants, such as property management and maintenance, contributes to higher reimbursement rates.
Segment nΒ°3 -> Interest Income
Expected Growth : 10 %
What the company do ?
Rexford Industrial Realty, Inc. generates interest income from its investments in mortgage loans, bonds, and other debt securities, earning a return on its capital.
Why we expect these perspectives ?
Rexford Industrial Realty's 10% interest income growth is driven by increasing demand for industrial properties, strategic acquisitions, and rising rents. The company's focus on high-quality, infill locations and its ability to capitalize on the e-commerce boom are also contributing factors. Additionally, Rexford's strong balance sheet and access to capital enable it to pursue accretive investments, further fueling growth.
Segment nΒ°4 -> Other
Expected Growth : 9 %
What the company do ?
Rexford Industrial Realty, Inc.'s 'Other' segment includes non-industrial investments, such as multifamily and office properties, and other non-core assets.
Why we expect these perspectives ?
Rexford Industrial Realty's 9% growth is driven by increasing demand for industrial real estate, particularly in the infill and last-mile logistics markets. Strong e-commerce growth, limited supply, and rising rents in coastal markets also contribute to this growth. Additionally, Rexford's strategic acquisitions and development pipeline, as well as its focus on high-barrier-to-entry markets, support its growth momentum.
Segment nΒ°5 -> Management, Leasing and Development Services
Expected Growth : 14 %
What the company do ?
Rexford Industrial Realty, Inc. offers Management, Leasing, and Development Services, providing comprehensive solutions for industrial property owners, including property management, leasing, and development expertise.
Why we expect these perspectives ?
Rexford Industrial Realty's 14% growth in Management, Leasing and Development Services is driven by strategic property acquisitions, increasing demand for industrial space, and effective asset management. The company's focus on high-quality properties, strong tenant relationships, and value-add opportunities also contribute to its growth. Additionally, Rexford's development pipeline and ability to capitalize on market trends further support its expansion.
Rexford Industrial Realty, Inc. Products
| Product Range | What is it ? |
|---|---|
| Industrial Real Estate Properties | Rexford Industrial Realty, Inc. owns and operates a diverse portfolio of industrial properties, including warehouses, distribution centers, and manufacturing facilities. |
| Logistics and Distribution Services | Rexford Industrial Realty, Inc. provides logistics and distribution services to help companies manage their supply chain and transportation needs. |
| Industrial Property Management | Rexford Industrial Realty, Inc. offers property management services to help industrial property owners and investors maximize their returns. |
| Acquisition and Development Services | Rexford Industrial Realty, Inc. provides acquisition and development services to help companies and investors identify and develop industrial properties that meet their needs. |
Rexford Industrial Realty, Inc.'s Porter Forces
Threat Of Substitutes
Rexford Industrial Realty, Inc. operates in a niche market with limited substitutes, reducing the threat of substitutes.
Bargaining Power Of Customers
While customers have some bargaining power, Rexford Industrial Realty, Inc.'s diversified customer base and long-term leases mitigate this risk.
Bargaining Power Of Suppliers
Rexford Industrial Realty, Inc. has a diversified supplier base, reducing dependence on individual suppliers and minimizing their bargaining power.
Threat Of New Entrants
The industrial real estate market is highly competitive, and new entrants can easily enter the market, posing a significant threat to Rexford Industrial Realty, Inc.'s market share.
Intensity Of Rivalry
The industrial real estate market is highly competitive, with many established players, leading to a high intensity of rivalry among competitors.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 37.19% |
| Debt Cost | 4.63% |
| Equity Weight | 62.81% |
| Equity Cost | 8.44% |
| WACC | 7.03% |
| Leverage | 59.22% |
Rexford Industrial Realty, Inc. : Quality Control
Rexford Industrial Realty, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TRNO | Terreno Realty Corporation and together with its subsidiaries, the ΒCompanyΒ) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, β¦ |
| FR | First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to β¦ |
| STAG | STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. By targeting this type of β¦ |
| EGP | EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major β¦ |
| LXP | Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
EastGroup Properties
A-Score
1-Year Total Return ->
π₯
Terreno Realty
A-Score
1-Year Total Return ->
π₯
STAG Industrial
A-Score
1-Year Total Return ->
4
First Industrial Realty Trust
A-Score
1-Year Total Return ->
5
Rexford Industrial Realty
A-Score
1-Year Total Return ->
6
