Rexford Industrial Realty, Inc.

REXR

US76169C1009

Commercial REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
43.2 ^USD	+0.47%		+1.08%	-22.99%

Apr. 23	Barclays Adjusts Rexford Industrial Realty Price Target to $46 From $45, Maintains Underweight Rating	MT
Apr. 22	Wedbush Initiates Rexford Industrial Realty at Neutral With $45 Price Target	MT

Rexford Industrial Realty, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 06, 2024 at 04:10 pm EST

Rexford Industrial Realty, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 791.38 million compared to USD 630.58 million a year ago. Revenue was USD 797.83 million compared to USD 631.2 million a year ago.

Net income was USD 238.02 million compared to USD 167.58 million a year ago. Basic earnings per share from continuing operations was USD 1.12 compared to USD 0.92 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to USD 0.92 a year ago.

Latest news about Rexford Industrial Realty, Inc.

Barclays Adjusts Rexford Industrial Realty Price Target to $46 From $45, Maintains Underweight Rating	Apr. 23	MT
Wedbush Initiates Rexford Industrial Realty at Neutral With $45 Price Target	Apr. 22	MT
Transcript : Rexford Industrial Realty, Inc., Q1 2024 Earnings Call, Apr 18, 2024	Apr. 18
Rexford Industrial Realty Q1 Core FFO, Revenue Increase; 2024 Outlook Revised	Apr. 17	MT
Earnings Flash (REXR) REXFORD INDUSTRIAL REALTY Reports Q1 Revenue $214.1M	Apr. 17	MT
Rexford Industrial Realty, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 17	CI
Rexford Industrial Realty, Inc Authorizes Quarterly Dividend, Payable on July 15, 2024	Apr. 17	CI
North American Morning Briefing : Stock Futures -2-	Apr. 17	DJ
Truist Securities Cuts Price Target on Rexford Industrial Realty to $53 From $57 on Higher Cost of Capital, Keeps Buy Rating	Apr. 16	MT
Rexford Industrial Realty Buys $1 Billion Portfolio of Industrial Properties in Southern California from Blackstone	Mar. 28	MT
Rexford Industrial Realty Acquires Industrial Assets From Blackstone for Total $1 Billion	Mar. 28	DJ
Rexford Industrial Realty buys properties worth $1 bln from Blackstone Real Estate	Mar. 28	RE
Rexford Industrial Realty, Inc. Acquires Blackstone Industrial Assets in Combined $1 Billion Investment	Mar. 28	CI
Rexford Industrial Realty, Inc. acquired Portfolio of industrial properties located in Los Angeles and Orange counties from Blackstone Real Estate Partners, managed by Blackstone Real Estate Advisors L.P.	Mar. 27	CI
Rexford Industrial Realty, Inc. completed the acquisition of Industrial Assets in infill submarkets in Los Angeles and Orange counties from Blackstone Real Estate Partners, managed by Blackstone Real Estate Advisors L.P.	Mar. 27	CI
Rexford Industrial Realty, Inc. completed the acquisition of Industrial Properties in Los Angeles and Orange counties from Blackstone Property Partners, managed by Blackstone Real Estate Advisors L.P.	Mar. 27	CI
Rexford Industrial Realty Operating Partner Prices $1 Billion Debt Offering	Mar. 27	MT
Barclays Initiates Rexford Industrial Realty With Underweight Rating, Price Target is $45	Mar. 27	MT
Reliq Health Announced Onboarding of New Mental Health Patients and Change of CFO	Mar. 26	MT
Rexford Industrial Realty Plans $1 Billion Debt Private Placement, Forward Stock Sale	Mar. 25	MT
Transcript : Rexford Industrial Realty, Inc. Presents at Citi's 2024 Global Property CEO Conference, Mar-05-2024 01:30 PM	Mar. 05
WELL Health Provided Integration Update With Focus On "Streamlining Business Operations for Improved Profitable Growth"	Feb. 22	MT
Truist Adjusts Price Target on Rexford Industrial Realty to $57 From $61, Maintains Buy Rating	Feb. 15	MT
Rexford Industrial Realty Insider Sold Shares Worth $954,408, According to a Recent SEC Filing	Feb. 14	MT
North American Morning Briefing : S&P 500 to Open -2-	Feb. 08	DJ

Chart Rexford Industrial Realty, Inc.

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Company Profile

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. It acquires, owns, improves, redevelops, leases, and manages industrial real estate principally located in Southern California infill markets, through Rexford Industrial Realty, L.P. (Operating Partnership) and its subsidiaries. It also acquires or provides mortgage debt secured by industrial property. It provides property management services and leasing services to related parties and third-party property owners. Its property management services include performing property inspections, monitoring repairs and maintenance, negotiating vendor contracts, maintaining tenant relations and providing financial and accounting oversight. The Company's portfolio consists of over 422 properties with approximately 49.1 million rentable square feet.

Sector

Commercial REITs

Calendar

2024-07-16 - Q2 2024 Earnings Release (Projected)

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Ratings for Rexford Industrial Realty, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

43.2 USD

Average target price

56.07 USD

Spread / Average Target

+29.78%

Consensus

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Quarterly earnings - Rate of surprise

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