Rexford Industrial Realty, Inc. (NYSE:REXR) Stock Has Consensus Target Price of $41.13

Rexford Industrial Realty, Inc. (NYSE:REXR) has earned an average recommendation of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $40.71.

A number of equities research analysts recently weighed in on the company. Cantor Fitzgerald reissued an “overweight” rating on shares of Rexford Industrial Realty in a research report on Wednesday, September 30th. Citigroup reaffirmed a “neutral” rating on shares of Rexford Industrial Realty in a report on Wednesday, July 29th. Wall Street Zen upgraded Rexford Industrial Realty from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 19th. Jefferies Financial Group lowered Rexford Industrial Realty from a “buy” rating to a “hold” rating and set a $40.00 price objective on the stock. in a report on Thursday, August 6th. Finally, Mizuho upgraded Rexford Industrial Realty from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $38.00 to $41.00 in a research report on Tuesday, October 13th.

Key Headlines Impacting Rexford Industrial Realty

Here are the key news stories impacting Rexford Industrial Realty this week:

• Positive Sentiment: Rexford raised its 2026 core funds from operations (FFO) guidance to $2.41-$2.44 per share, with the midpoint slightly above the FactSet consensus estimate of $2.41. Earnings Flash
• Positive Sentiment: The industrial REIT completed 3.7 million square feet of leasing during the quarter, including 600,000 square feet tied to repositioning and development projects. It has also completed approximately $1.5 billion of dispositions year to date, supporting its effort to realign the portfolio. Third-Quarter Financial Results
• Positive Sentiment: Rexford declared a quarterly dividend of $0.435 per share, or $1.74 annualized, representing an indicated yield of about 4.8%. The payout may support investor interest in the stock. Warehouse Demand and REIT Dividends
• Neutral Sentiment: Third-quarter core FFO was approximately $0.60 per share, matching consensus and the year-ago figure. This indicates stable recurring operating performance but limited growth. Q3 FFO Results
• Negative Sentiment: Net income fell to $14.6 million, or $0.07 per diluted share, from $87.1 million, or $0.37, a year earlier. Revenue declined 5.6% year over year to $239.1 million, while coverage highlighted pressure on reported earnings. Rexford Third-Quarter Results
• Negative Sentiment: An analyst reduced the preferred-stock price target by 11.13% to $24.04, signaling a more cautious view of Rexford’s valuation or capital-market outlook. Preferred-Stock Price Target Cut

Rexford Industrial Realty Price Performance

NYSE:REXR opened at $38.69 on Tuesday. The stock has a market cap of $8.63 billion, a P/E ratio of -18.34 and a beta of 1.18. Rexford Industrial Realty has a one year low of $32.14 and a one year high of $42.92. The company has a fifty day moving average price of $37.30 and a 200 day moving average price of $36.11. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.70 and a quick ratio of 1.70.

Rexford Industrial Realty (NYSE:REXR) last posted its quarterly earnings results on Thursday, October 22nd. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.53). Rexford Industrial Realty had a negative return on equity of 5.55% and a negative net margin of 47.15%. The company had revenue of $239.10 million during the quarter, compared to analyst estimates of $232.95 million. During the same quarter in the prior year, the business earned $0.60 earnings per share. The business’s revenue for the quarter was down 5.6% on a year-over-year basis. Analysts anticipate that Rexford Industrial Realty will post 2.42 earnings per share for the current year.

Rexford Industrial Realty Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be given a $0.4350 dividend. This represents a $1.74 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Thursday, December 31st. Rexford Industrial Realty’s dividend payout ratio (DPR) is -82.46%.

Hedge Funds Weigh In On Rexford Industrial Realty

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Rexford Industrial Realty during the 2nd quarter valued at about $1,293,168,000. Dimensional Fund Advisors LP raised its position in Rexford Industrial Realty by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 3,581,987 shares of the real estate investment trust’s stock worth $117,239,000 after purchasing an additional 85,135 shares in the last quarter. Legal & General Group Plc acquired a new position in Rexford Industrial Realty in the second quarter worth about $86,861,000. Bank of America Corp DE bought a new position in Rexford Industrial Realty during the second quarter worth about $79,547,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Rexford Industrial Realty by 41,558.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,654,665 shares of the real estate investment trust’s stock valued at $55,431,000 after purchasing an additional 1,650,693 shares during the period. Institutional investors and hedge funds own 99.52% of the company’s stock.

About Rexford Industrial Realty

Rexford Industrial Realty, Inc (NYSE: REXR) is a publicly traded real estate investment trust focused on owning, operating and acquiring industrial properties. Its portfolio primarily consists of infill logistics, warehouse, distribution and manufacturing facilities that support supply-chain and business operations.

The company concentrates exclusively on Southern California, including the Los Angeles, Orange County, San Diego and Inland Empire industrial markets. Rexford seeks to benefit from the region’s established transportation infrastructure, large consumer base and constrained supply of well-located industrial real estate.

Rexford Industrial Realty became a publicly traded company in 2013.