Streetbeat News

REXR

Rexford Industrial Realty, Inc.

https://www.rexfordindustrial.com

Industry

REIT - Industrial

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.

Open

42.19

Mkt cap

9.4B

Volume

2.2M

High

42.33

P/E Ratio

34.21

52-wk high

58.02

Low

41.80

Div yield

0.04

52-wk low

41.16

Rexford Industrial is highlighted as a top REIT pick due to its 4% dividend yield, undervaluation, and strong growth prospects. The company focuses on the supply-constrained Southern California market and has a robust balance sheet. Despite recent share price weakness, it shows continued FFO and NOI growth.

Portfolio Pulse from

November 18, 2024 | 3:15 pm

Rexford Industrial Realty has been added to a portfolio as the largest REIT investment, following a 16% pullback. The company's focus on Southern California's industrial real estate market offers pricing power and growth potential. With a 4.0% dividend yield and strong NOI growth, REXR is seen as an attractive investment.

Portfolio Pulse from

November 18, 2024 | 11:00 am

Rexford Industrial Realty (REXR) has announced an operating update for the current quarter, highlighting the execution of 657,000 square feet of new and renewal leases. This activity indicates a rise in rental rates.

Portfolio Pulse from

November 15, 2024 | 6:45 pm

Rexford Industrial Realty, Inc. (NYSE: REXR) announced an operating activity update, revealing the execution of approximately 657,000 square feet of new and renewal leases in Q4 2024. This includes 422,000 square feet of renewal leases and 235,000 square feet of new leases.

Portfolio Pulse from

November 14, 2024 | 1:45 pm

The article recommends Visa and Rexford as top dividend-growth finance stocks to consider buying in November for investors seeking a growing income stream.

Portfolio Pulse from

November 07, 2024 | 2:45 pm

Scotiabank has downgraded Rexford Industrial Realty from Sector Outperform to Sector Perform and reduced its price target from $55 to $48.