Rexford Industrial Realty, Inc.

REXR

US76169C1009

Commercial REITs

Market Closed - Nyse Other stock markets 01:30:03 29/06/2024 am IST			5-day change	1st Jan Change
44.59 ^USD	+1.24%		+0.16%	-20.52%

17/06	Rexford Industrial Realty CFO to Become COO	MT
17/06	Rexford Industrial Realty, Inc. Plans to Elevate Laura Clark from Chief Financial Officer to Chief Operating Officer	CI

Rexford Industrial Realty, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 07, 2024 at 02:40 am IST

Rexford Industrial Realty, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 207.91 million compared to USD 178.42 million a year ago. Revenue was USD 210.43 million compared to USD 178.59 million a year ago.

Net income was USD 64.35 million compared to USD 43.28 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.22 a year ago.

Latest news about Rexford Industrial Realty, Inc.

Rexford Industrial Realty CFO to Become COO	18/06	MT
Rexford Industrial Realty, Inc. Plans to Elevate Laura Clark from Chief Financial Officer to Chief Operating Officer	18/06	CI
Rexford Industrial Realty, Inc. Plans to Elevate Laura Clark from Chief Financial Officer to Chief Operating Officer	18/06	CI
Transcript : Rexford Industrial Realty, Inc. - Shareholder/Analyst Call	11/06
Mizuho Securities Cuts Price Target on Rexford Industrial Realty to $50 From $52, Maintains Neutral Rating	31/05	MT
Rexford Industrial Realty, Inc. acquired 278,572 square foot industrial building located at North Orange Country for $94.2 million.	29/05	CI
WELL Health Technologies Launches Upgraded Version of AI-Powered Physician Co-Pilot Tool	02/05	MT
Barclays Adjusts Rexford Industrial Realty Price Target to $46 From $45, Maintains Underweight Rating	23/04	MT
Wedbush Initiates Rexford Industrial Realty at Neutral With $45 Price Target	22/04	MT
Transcript : Rexford Industrial Realty, Inc., Q1 2024 Earnings Call, Apr 18, 2024	18/04
Rexford Industrial Realty Q1 Core FFO, Revenue Increase; 2024 Outlook Revised	18/04	MT
Earnings Flash (REXR) REXFORD INDUSTRIAL REALTY Reports Q1 Revenue $214.1M	18/04	MT
Rexford Industrial Realty, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	18/04	CI
Rexford Industrial Realty, Inc Authorizes Quarterly Dividend, Payable on July 15, 2024	18/04	CI
North American Morning Briefing : Stock Futures -2-	17/04	DJ
Truist Securities Cuts Price Target on Rexford Industrial Realty to $53 From $57 on Higher Cost of Capital, Keeps Buy Rating	16/04	MT
Rexford Industrial Realty Buys $1 Billion Portfolio of Industrial Properties in Southern California from Blackstone	29/03	MT
Rexford Industrial Realty Acquires Industrial Assets From Blackstone for Total $1 Billion	29/03	DJ
Rexford Industrial Realty buys properties worth $1 bln from Blackstone Real Estate	29/03	RE
Rexford Industrial Realty, Inc. Acquires Blackstone Industrial Assets in Combined $1 Billion Investment	29/03	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.	28/03	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.	28/03	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.	28/03	CI
Rexford Industrial Realty Operating Partner Prices $1 Billion Debt Offering	27/03	MT
Barclays Initiates Rexford Industrial Realty With Underweight Rating, Price Target is $45	27/03	MT

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

17/07/2024 - Q2 2024 Earnings Release

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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

44.59 USD

Average target price

53.2 USD

Spread / Average Target

+19.31%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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