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Rexford Industrial Realty Inc   (NYSE: REXR)
Other Ticker:  
 
 
Price: $32.9050 $0.35 1.060%
Day's High: $33.38 Week Perf: 3.02 %
Day's Low: $ 32.78 30 Day Perf: -19.17 %
Volume (M): 1,035 52 Wk High: $ 52.61
Volume (M$): $ 34,066 52 Wk Avg: $43.86
Open: $33.38 52 Wk Low: $29.68



 Market Capitalization (Millions $) 7,208
 Shares Outstanding (Millions) 219
 Employees 242
 Revenues (TTM) (Millions $) 936
 Net Income (TTM) (Millions $) 286
 Cash Flow (TTM) (Millions $) 23
 Capital Exp. (TTM) (Millions $) 1,879

Rexford Industrial Realty Inc
Rexford Industrial Realty Inc. is a leading publicly traded real estate investment trust (REIT) that specializes in owning, operating, and developing industrial properties in Southern California. The company was founded in 2001 and is headquartered in Los Angeles, California.

Rexford Industrial Realty Inc. owns and manages over 245 properties, which include approximately 29.4 million square feet of rental space, located in the premier industrial submarkets throughout Southern California. The company's industrial properties are strategically located near major highways and transportation hubs, making them ideal for tenants looking to optimize their distribution network.

The company's portfolio consists of various types of industrial properties, including multi-tenant industrial parks, single-tenant buildings, and specialized properties such as life science and research and development facilities. Rexford Industrial Realty Inc. caters to a diverse array of customers, from small businesses to large corporations, across industries such as logistics, distribution, manufacturing, e-commerce, and technology.

Rexford's business model is focused on acquiring and developing high-quality industrial assets that provide strong cash flow and capital appreciation potential over the long-term. The company has a disciplined approach to acquisitions, seeking properties that are well-located, have strong tenant demand, and generate attractive rental income.

In addition to its strong portfolio, Rexford Industrial Realty Inc. has a robust integrated operating platform that includes property management, leasing, marketing, and construction services. The company's dedicated team of professionals is committed to providing superior customer service to its tenants and maximizing the value of its assets.

Overall, Rexford Industrial Realty Inc. is a well-established and respected player in the Southern California industrial real estate market, with a proven track record of delivering value to its shareholders and tenants. With a growing portfolio of high-quality assets and a strong operating platform, the company is well-positioned to capitalize on the continued demand for industrial space in the region.


   Company Address: 11620 Wilshire Boulevard, Suite 1000 Los Angeles 90025 CA
   Company Phone Number: 966-1680   Stock Exchange / Ticker: NYSE REXR


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CPT        4.04% 
CUZ   -0.26%    
EGP        0.28% 
FR        0.58% 
HIW        2.08% 
PLD        6.1% 
• View Complete Report
   



Rexford Industrial Realty Inc

Rexford Industrial Realty Sees Revenue Surge of 17.74% in Fiscal Q3 2024, Outpacing Industry Peers!

An In-Depth Analysis of Rexford Industrial Realty Inc. (REXR)Rexford Industrial Realty Inc. (NYSE: REXR) has been making headlines in the real estate investment trust (REIT) arena, particularly for its focus on industrial properties in Southern California. With a recent fiscal report detailing impressive revenue growth, strategic initiatives, and capital-raising efforts, REXR provides an intriguing case study of resilience and potential in the current market landscape. Financial Performance OverviewFor the fiscal interval ending September 30, 2024, Rexford Industrial Realty reported a substantial 17.74% increase in revenue, amounting to $241.84 million. This growth was notably stronger than the average 8.65% increase experienced by its peers in the REIT sector during the same period. This top-line growth translated to an earnings per share (EPS) increase of 11.11%, bringing EPS to $0.30. However, it?s essential to note that REXR?s EPS fell 18.92% from the previous reporting season, where it stood at $0.37 per share. This drop came despite a slight revenue increase of 1.8% from $237.57 million in the prior quarter. The company's net profit also registered considerable growth, rising 14.46% year-on-year to $70.722 million, up from $61.790 million in the same interval the previous year. This marks a significant achievement in profitability despite the challenges posed by market conditions.

Rexford Industrial Realty Inc

Rexford Industrial Realty Inc Faces Decrease in Income Amid Revenue Growth in Q1 2024

Investors in Rexford Industrial Realty Inc (NYSE: REXR) have had a rollercoaster ride in the first quarter of 2024. The company experienced a decline in earnings per share (EPS) despite a significant increase in revenue. Income decreased by -10% to $0.27 per share, while revenue saw a considerable increase of 14.96% to $214.10 million compared to the same period last year.
Rexford Industrial Realty Inc has outperformed its industry peers on the revenue side, with the rest of the Real Estate Investment Trusts industry only seeing an 8.81% increase in revenue during the same period. The company's focus on improving sales has led to a rise in operating earnings by 22.15% to $80.356 million.

Stock Offering

Rexford Industrial Realty Inc. Secures $840 Million in Common Stock Offering to Fuel Growth Initiatives

Published Mon, Mar 25 2024 8:01 PM UTC

Rexford Industrial Realty Inc. Makes Strategic Move with $840 Million Common Stock Offering
Rexford Industrial Realty, Inc. has taken a significant step for its future growth by announcing a public offering of $840 million of its common stock. This move comes as the Company seeks to raise capital for various strategic initiatives, including potential acquisitions and cap...

Rexford Industrial Realty Inc

Rexford Industrial Realty Inc's Soaring Success: Profit Surge, Revenue Boom, and Unparalleled Growth in Q4 2023

Rexford Industrial Realty Inc, a real estate investment trust specializing in industrial properties in Southern California, had an impressive performance in the last quarter of 2023. The company saw a significant increase in profit per share, revenue, and net earnings compared to the same period in the previous year. This is a promising sign for investors and indicates strong growth potential for the company.
Profit per share rose by 35.81% to $0.25 per share, while revenue increased by 17.828% to $210.43 million. Although there was a slight decrease in earnings per share from the previous reporting period, the overall financial performance of the company saw positive growth. Net earnings also saw a substantial increase of 47.28% to $67.321 million, compared to the same period a year ago.

Rexford Industrial Realty Inc

REXR Industrial Realty Inc. Surges Ahead with Impressive 26% Revenue Growth in Q3 2023

REXR Announces Impressive Revenue Growth in 2023 Q3
Rexford Industrial Realty Inc (REXR) has recently released its financial results for the quarter ending September 30, 2023. The company reported a remarkable revenue increase of 26.208% to $205.40 million compared to the same period last year. Additionally, earnings per share (EPS) advanced by 28.57% to $0.27 per share.
REXR's revenue growth in the third quarter of 2023 aligns favorably with its Real Estate Investment Trusts (REITs) sector peers, who experienced an average top-line improvement of 10.17% during the same period. This achievement showcases Rexford Industrial Realty Inc's ability to outperform its industry counterparts.







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