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.
IPO Year: 2013
Exchange: NYSE
Website: rexfordindustrial.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/14/2025 | $40.00 | Hold | Deutsche Bank |
10/25/2024 | $55.00 → $48.00 | Sector Outperform → Sector Perform | Scotiabank |
10/21/2024 | $66.00 → $49.00 | Buy → Neutral | BofA Securities |
7/10/2024 | $54.00 | Outperform | Evercore ISI |
4/22/2024 | $45.00 | Neutral | Wedbush |
3/27/2024 | $45.00 | Underweight | Barclays |
2/7/2024 | $55.00 | Overweight → Neutral | JP Morgan |
1/5/2024 | $53.00 → $61.00 | Outperform → Neutral | Robert W. Baird |
11/8/2023 | $55.00 | Sector Perform → Sector Outperform | Scotiabank |
10/12/2023 | $56.00 | Buy | Truist |
Deutsche Bank initiated coverage of Rexford Industrial Realty with a rating of Hold and set a new price target of $40.00
Scotiabank downgraded Rexford Industrial Realty from Sector Outperform to Sector Perform and set a new price target of $48.00 from $55.00 previously
BofA Securities downgraded Rexford Industrial Realty from Buy to Neutral and set a new price target of $49.00 from $66.00 previously
Evercore ISI initiated coverage of Rexford Industrial Realty with a rating of Outperform and set a new price target of $54.00
Wedbush initiated coverage of Rexford Industrial Realty with a rating of Neutral and set a new price target of $45.00
Barclays initiated coverage of Rexford Industrial Realty with a rating of Underweight and set a new price target of $45.00
JP Morgan downgraded Rexford Industrial Realty from Overweight to Neutral and set a new price target of $55.00
Robert W. Baird downgraded Rexford Industrial Realty from Outperform to Neutral and set a new price target of $61.00 from $53.00 previously
Scotiabank upgraded Rexford Industrial Realty from Sector Perform to Sector Outperform and set a new price target of $55.00
Truist initiated coverage of Rexford Industrial Realty with a rating of Buy and set a new price target of $56.00
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
4 - Rexford Industrial Realty, Inc. (0001571283) (Issuer)
LOS ANGELES, June 17, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced that the Company will release second quarter 2025 financial results after the market closes on Wednesday, July 16, 2025. A conference call with senior management will be held on Thursday, July 17, 2025 at 1 p.m. EDT. To participate in the live telephone conference call, please access the following dial-in numbers at least five minutes prior to the start time using Conference ID 5314484. 1 (800) 715-9871
LOS ANGELES, June 5, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties throughout infill Southern California, today released its 2024 Environmental, Social and Governance Impact (ESGi) Report and its 2025 Task Force on Climate-Related Financial Disclosures ("TCFD") Report, which informs forward-looking climate-related strategy. "Through our ESGi strategy, we are delivering measurable positive impacts for our team, communities, tenants and shareholders," said Michael Frankel and Howard Schwimmer, Co-Chief Executive Officers of th
LOS ANGELES, May 29, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties throughout infill Southern California, today provided an operating and transaction activity update for the second quarter to date in advance of upcoming investor meetings. Operating Activity (Second Quarter to Date) Executed 1.2 million square feet of new and renewal leases, with an average unit size of 17,000 square feet, including approximately 652,000 square feet of renewal leases and 571,000 square feet of new leases.Comparable rental rates on new and ren
LOS ANGELES, April 16, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced financial and operating results for the first quarter of 2025. First Quarter 2025 Financial and Operational Highlights Net income attributable to common stockholders of $68.3 million, or $0.30 per diluted share, as compared to $58.6 million, or $0.27 per diluted share, for the prior year.Company share of Core FFO of $141.0 million, an increase of 14.1% as compared to the prior year.Company shar
LOS ANGELES, April 14, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that Richard Ziman, Chairman of the Board of Directors, will retire from his role and the Board of Directors following the Company's Annual Meeting of Stockholders on June 3, 2025 (the "Annual Meeting"). "It's been a privilege to be a part of the tremendous growth of Rexford Industrial, and I have the utmost confidence in the team's continued success," stated Richard Ziman. "We are deeply gratef
LOS ANGELES, March 18, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release first quarter 2025 financial results after the market closes on Wednesday, April 16, 2025. A conference call with senior management will be held on Thursday, April 17, 2025 at 1 p.m. EDT. To participate in the live telephone conference call, please access the following dial-in numbers at least five minutes prior to the start time using Conference ID 5314484. 1 (800)
LOS ANGELES, Feb. 20, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced the Company will present at the Citi 2025 Global Property CEO Conference on March 3, 2025. A live webcast of the presentation can be accessed using the registration link below and a replay of the webcast will be available on the Company's investor relations website. Date: Monday, March 3, 2025 Time: 11:40am ETWebcast: Citi 2025 Global Property CEO Conference The Company has posted an updated inve
LOS ANGELES, Feb. 5, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced financial and operating results for the fourth quarter and full year 2024. Full Year 2024 Financial and Operational Highlights Net income attributable to common stockholders of $262.9 million, or $1.20 per diluted share, as compared to $227.4 million, or $1.12 per diluted share, for the prior year.Company share of Core FFO of $511.7 million, an increase of 15.0% as compared to the prior year.Comp
LOS ANGELES, Jan. 21, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced the 2024 tax treatment of the Company's common stock and preferred stock dividend distributions, as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's dividend distributions. Common Stock - CUSIP Number 76169C100 Distribution Per Share 2024 Tax Treatment Record Date Payable Date Total Taxable in 2024 Total O
LOS ANGELES, Jan. 10, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today reports no damage to its properties and does not anticipate unfavorable impacts to the Company's operating results or financial condition due to the wildfires in Los Angeles County. "Our hearts go out to all affected by these devastating wildfires," stated Michael Frankel and Howard Schwimmer, Co-Chief Executive Officers of the Company. "We are prioritizing the care of our employees, their family members a