Rexford Industrial Realty, Inc. | REIT Profile
Symbol: REXR
CIK: 1571283
Exchange: NYSE
Founded: 2013 (8 years)
HQ: Los Angeles, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Industrial
See REXR on Google Finance
See REXR on Yahoo Finance
See REXR on SEC.gov
 |
 |
 |
 |
See score breakdown | See trend
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day January 19, 2021
Dividend of Trading Day January 19, 2021
Latest News Headlines
- 7 Dec 2020 07:05:20 -0500 - Rexford Industrial Realty, Inc. Press Release: Rexford Industrial Acquires Four-Building Industrial Portfolio For $129.4 Million
- 4 Dec 2020 07:03:31 -0500 - Rexford Industrial Realty, Inc. Press Release: Rexford Industrial Acquires 18-Building Industrial Portfolio for $154.6 Million
- 1 Dec 2020 21:35:23 -0500 - Rexford Industrial Realty, Inc. Press Release: Rexford Industrial Announces Pricing of Common Stock Offering
- 1 Dec 2020 16:17:33 -0500 - Rexford Industrial Realty, Inc. Press Release: Rexford Industrial Announces Launch of Common Stock Offering
- 18 Nov 2020 07:03:50 -0500 - Rexford Industrial Realty, Inc. Press Release: Rexford Industrial Acquires Two Southern California Industrial Properties For $339.2 million
Funds From Operations (FFO)
Key Stats of Trading Day January 19, 2021
Latest REIT Community Comments on #REXR
- Have you noticed that 3 of the top 4 rated REITs are industrial REITs. I’m long on #TRNO, #REXR, and #PLD. - CapitalKing - 2020-12-26 17:06:11 - See full comment
- #rexr is one of the best. - LLNN - 2020-12-19 13:45:48 - See full comment
- Fantastic acquisition on #Rexr Rexford’s behalf! They acquired through an off-market transaction Van Nuys Airport Industrial Center, located in Van Nuys within the LA – San Fernando Valley submarket, for $154.6 million. The investment comprises 18 separately parceled buildings totaling 426,466 square feet on 22.68 acres of land acquired for $140.6 million, or $330 per square foot, plus two fully-leased industrial outside storage land parcels totaling 4.14 acres acquired for $14.0 million. These industrial properties offer high-demand spaces ranging up to 42,000 square feet with premium functionality including dock-high loading, modern clear heights and secured truck storage yards, ideally positioned to serve last-mile distribution and logistics needs. The portfolio is 99% leased to a high-quality tenant base including Fortune 500 companies as well as the General Services Administration, with rents estimated to be approximately 6.0% below current market rates. - Gekko5 - 2020-12-05 22:52:07 - See full comment
Properties Owned by REXR
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 160 | 1 | 1 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
Properties Based on Earnings Report's 10-K
Occupancy Rate
REIT Simulation
Dividend History
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
About Rexford Industrial Realty, Inc.
Rexford Industrial is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. The Company owns 144 properties with approximately 18.0 million rentable square feet and manages an additional 19 properties with approximately 1.2 million rentable square feet.
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 8 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 4.3 |
| 6 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.0 |
| 9 | Dividend to FFO Core Payout Ratio Health: Analysis of the REIT’s Dividend to FFO Core Payout Ratios during the last four quarters. | 8.9 |
| 9 | Dividend to FFO Core Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Core Payout Ratios trend during the last two years. | 7.5 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 10 | FFO Core Trend: Analysis of the REIT’s FFO Core trend during the last two years. | 7.9 |
| 7 | FFO Core to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
| 10 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 8.0 |
| 10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 8.7 |
| Rating | Leverage Section | Avg. Rating |
| 10 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 6.2 |
| 10 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 7.8 |
| 10 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.8 |
| 9 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.6 |
| 10 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
| 10 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.7 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 5.0 |
| 10 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.9 |
| Rating | Properties Section | Avg. Rating |
| 9 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.4 |
| 10 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 6.9 |
| 7 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.2 |
| 9 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
| Rating | Market Cap Section | Avg. Rating |
| 9 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 4.7 |
| 9.2 | Overall REITRating™ Score (See trend) | 6.1 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
REITProperty
| Name | Type | Address | City | State |
|---|---|---|---|---|
| 5300 Sheila Street | Industrial | 5300 Sheila Street | Commerce | CA |
| 1601 Mission Blvd | Industrial | 1601 Mission Blvd | Pomona | CA |
| 3233 E Mission Oaks Boulevard | Industrial | 3233 E Mission Oaks Boulevard | Camarillo | CA |
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | 8.6 | NYSE | Mid-Cap | Industrial | United States |
| EastGroup Properties, Inc. (EGP) | 8.9 | NYSE | Mid-Cap | Industrial | United States |
| Monmouth Real Estate Investment Corp (MNR) | 7.8 | NYSE | Small-Cap | Industrial | United States |
| Digital Realty Trust (DLR) | 9.2 | NYSE | Large-Cap | Data Centers | United States |
| CoreSite Reality Corporation (COR) | 7.9 | NYSE | Mid-Cap | Data Centers | United States |
| STAG Industrial, Inc. (STAG) | 8.5 | NYSE | Mid-Cap | Industrial | United States |
| Prologis, Inc. (PLD) | 9.2 | NYSE | Large-Cap | Industrial | United States |
| QTS Realty Trust, Inc. (QTS) | 8.5 | NYSE | Mid-Cap | Data Centers | United States |
Last updated: 2021-01-20