(REXR) Rexford Industrial Realty - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US76169C1009
Stock: Industrial Properties, Warehouses, Distribution Centers
Total Rating 44
Risk 70
Buy Signal -1.27
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.47% |
| Yield on Cost 5y | 3.93% |
| Yield CAGR 5y | 15.69% |
| Payout Consistency | 100.0% |
| Payout Ratio | 144.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 33.3% |
| Relative Tail Risk | -1.63% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.06 |
| Alpha | -15.30 |
| Character TTM | |
|---|---|
| Beta | 0.885 |
| Beta Downside | 1.125 |
| Drawdowns 3y | |
|---|---|
| Max DD | 45.90% |
| CAGR/Max DD | -0.26 |
Description: REXR Rexford Industrial Realty January 06, 2026
Rexford Industrial Realty (NYSE: REXR) is a publicly-listed REIT that focuses on acquiring, operating, and redeveloping infill industrial assets in Southern California – the nation’s most constrained high-demand industrial market. As of September 30 2025 the company owned 420 properties totaling roughly 50.9 million rentable square feet, leased to a diversified tenant base.
Key operational metrics show an industry-leading occupancy of about 96% and an average lease term of 5.5 years, reflecting the scarcity-driven demand in the region. In 2024 the portfolio delivered a 4% year-over-year rent growth, outpacing the national industrial REIT average of ~2.5%, while cap rates for comparable Southern California assets have compressed to the low-4% range, underscoring strong pricing power. The broader sector benefits from sustained e-commerce expansion and a chronic shortage of near-port warehouse space, which together fuel long-term rent escalations.
For a deeper dive into how Rexford’s proprietary asset-management platform translates into shareholder value, you may find ValueRay’s analytical tools worth exploring.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 202.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.89 > 1.0 |
| NWC/Revenue: -288.0% < 20% (prev -7.70%; Δ -280.2% < -1%) |
| CFO/TA 0.04 > 3% & CFO 546.6m > Net Income 202.8m |
| Net Debt (3.20b) to EBITDA (697.7m): 4.59 < 3 |
| Current Ratio: 0.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (232.1m) vs 12m ago 4.13% < -2% |
| Gross Margin: 77.30% > 18% (prev 0.78%; Δ 7652 % > 0.5%) |
| Asset Turnover: 7.94% > 50% (prev 7.40%; Δ 0.54% > 0%) |
| Interest Coverage Ratio: 3.78 > 6 (EBITDA TTM 697.7m / Interest Expense TTM 104.9m) |
Altman Z'' -1.64
| A: -0.23 (Total Current Assets 479.9m - Total Current Liabilities 3.37b) / Total Assets 12.61b |
| B: -0.05 (Retained Earnings -642.1m / Total Assets 12.61b) |
| C: 0.03 (EBIT TTM 396.7m / Avg Total Assets 12.63b) |
| D: -0.17 (Book Value of Equity -640.2m / Total Liabilities 3.77b) |
| Altman-Z'' Score: -1.64 = D |
What is the price of REXR shares?
As of February 10, 2026, the stock is trading at USD 38.48 with a total of 2,804,386 shares traded.
Over the past week, the price has changed by -4.49%, over one month by -5.59%, over three months by -6.47% and over the past year by -0.30%.
Over the past week, the price has changed by -4.49%, over one month by -5.59%, over three months by -6.47% and over the past year by -0.30%.
Is REXR a buy, sell or hold?
Rexford Industrial Realty has received a consensus analysts rating of 3.65.
Therefor, it is recommend to hold REXR.
- StrongBuy: 5
- Buy: 2
- Hold: 9
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the REXR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 43.5 | 13% |
| Analysts Target Price | 43.5 | 13% |
| ValueRay Target Price | 37.7 | -2.1% |
REXR Fundamental Data Overview February 10, 2026
P/E Trailing = 45.314
P/S = 9.2641
P/B = 1.0867
P/EG = 9.31
Revenue TTM = 1.00b USD
EBIT TTM = 396.7m USD
EBITDA TTM = 697.7m USD
Long Term Debt = 3.25b USD (from longTermDebt, two quarters ago)
Short Term Debt = 3.37b USD (from shortTermDebt, last quarter)
Debt = 3.37b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.20b USD (from netDebt column, last quarter)
Enterprise Value = 12.50b USD (9.29b + Debt 3.37b - CCE 165.8m)
Interest Coverage Ratio = 3.78 (Ebit TTM 396.7m / Interest Expense TTM 104.9m)
EV/FCF = 60.45x (Enterprise Value 12.50b / FCF TTM 206.7m)
FCF Yield = 1.65% (FCF TTM 206.7m / Enterprise Value 12.50b)
FCF Margin = 20.61% (FCF TTM 206.7m / Revenue TTM 1.00b)
Net Margin = 20.22% (Net Income TTM 202.8m / Revenue TTM 1.00b)
Gross Margin = 77.30% ((Revenue TTM 1.00b - Cost of Revenue TTM 227.7m) / Revenue TTM)
Gross Margin QoQ = 76.10% (prev 77.14%)
Tobins Q-Ratio = 0.99 (Enterprise Value 12.50b / Total Assets 12.61b)
Interest Expense / Debt = 0.76% (Interest Expense 25.5m / Debt 3.37b)
Taxrate = 21.0% (US default 21%)
NOPAT = 313.4m (EBIT 396.7m * (1 - 21.00%))
Current Ratio = 0.14 (Total Current Assets 479.9m / Total Current Liabilities 3.37b)
Debt / Equity = 0.40 (Debt 3.37b / totalStockholderEquity, last quarter 8.46b)
Debt / EBITDA = 4.59 (Net Debt 3.20b / EBITDA 697.7m)
Debt / FCF = 15.49 (Net Debt 3.20b / FCF TTM 206.7m)
Total Stockholder Equity = 8.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.61% (Net Income 202.8m / Total Assets 12.61b)
RoE = 2.33% (Net Income TTM 202.8m / Total Stockholder Equity 8.69b)
RoCE = 3.32% (EBIT 396.7m / Capital Employed (Equity 8.69b + L.T.Debt 3.25b))
RoIC = 2.63% (NOPAT 313.4m / Invested Capital 11.93b)
WACC = 6.90% (E(9.29b)/V(12.66b) * Re(9.18%) + D(3.37b)/V(12.66b) * Rd(0.76%) * (1-Tc(0.21)))
Discount Rate = 9.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 5.03%
[DCF Debug] Terminal Value 80.99% ; FCFF base≈161.8m ; Y1≈146.5m ; Y5≈127.1m
Fair Price DCF = N/A (negative equity: EV 2.90b - Net Debt 3.20b = -307.4m; debt exceeds intrinsic value)
EPS Correlation: 56.46 | EPS CAGR: 1.53% | SUE: 0.69 | # QB: 0
Revenue Correlation: 95.26 | Revenue CAGR: 16.32% | SUE: 1.70 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.29 | Chg30d=-0.002 | Revisions Net=-1 | Analysts=1
EPS current Year (2026-12-31): EPS=1.05 | Chg30d=-0.019 | Revisions Net=+0 | Growth EPS=-4.3% | Growth Revenue=-2.2%
EPS next Year (2027-12-31): EPS=0.92 | Chg30d=-0.091 | Revisions Net=+2 | Growth EPS=-12.6% | Growth Revenue=+4.3%
P/S = 9.2641
P/B = 1.0867
P/EG = 9.31
Revenue TTM = 1.00b USD
EBIT TTM = 396.7m USD
EBITDA TTM = 697.7m USD
Long Term Debt = 3.25b USD (from longTermDebt, two quarters ago)
Short Term Debt = 3.37b USD (from shortTermDebt, last quarter)
Debt = 3.37b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.20b USD (from netDebt column, last quarter)
Enterprise Value = 12.50b USD (9.29b + Debt 3.37b - CCE 165.8m)
Interest Coverage Ratio = 3.78 (Ebit TTM 396.7m / Interest Expense TTM 104.9m)
EV/FCF = 60.45x (Enterprise Value 12.50b / FCF TTM 206.7m)
FCF Yield = 1.65% (FCF TTM 206.7m / Enterprise Value 12.50b)
FCF Margin = 20.61% (FCF TTM 206.7m / Revenue TTM 1.00b)
Net Margin = 20.22% (Net Income TTM 202.8m / Revenue TTM 1.00b)
Gross Margin = 77.30% ((Revenue TTM 1.00b - Cost of Revenue TTM 227.7m) / Revenue TTM)
Gross Margin QoQ = 76.10% (prev 77.14%)
Tobins Q-Ratio = 0.99 (Enterprise Value 12.50b / Total Assets 12.61b)
Interest Expense / Debt = 0.76% (Interest Expense 25.5m / Debt 3.37b)
Taxrate = 21.0% (US default 21%)
NOPAT = 313.4m (EBIT 396.7m * (1 - 21.00%))
Current Ratio = 0.14 (Total Current Assets 479.9m / Total Current Liabilities 3.37b)
Debt / Equity = 0.40 (Debt 3.37b / totalStockholderEquity, last quarter 8.46b)
Debt / EBITDA = 4.59 (Net Debt 3.20b / EBITDA 697.7m)
Debt / FCF = 15.49 (Net Debt 3.20b / FCF TTM 206.7m)
Total Stockholder Equity = 8.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.61% (Net Income 202.8m / Total Assets 12.61b)
RoE = 2.33% (Net Income TTM 202.8m / Total Stockholder Equity 8.69b)
RoCE = 3.32% (EBIT 396.7m / Capital Employed (Equity 8.69b + L.T.Debt 3.25b))
RoIC = 2.63% (NOPAT 313.4m / Invested Capital 11.93b)
WACC = 6.90% (E(9.29b)/V(12.66b) * Re(9.18%) + D(3.37b)/V(12.66b) * Rd(0.76%) * (1-Tc(0.21)))
Discount Rate = 9.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 5.03%
[DCF Debug] Terminal Value 80.99% ; FCFF base≈161.8m ; Y1≈146.5m ; Y5≈127.1m
Fair Price DCF = N/A (negative equity: EV 2.90b - Net Debt 3.20b = -307.4m; debt exceeds intrinsic value)
EPS Correlation: 56.46 | EPS CAGR: 1.53% | SUE: 0.69 | # QB: 0
Revenue Correlation: 95.26 | Revenue CAGR: 16.32% | SUE: 1.70 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.29 | Chg30d=-0.002 | Revisions Net=-1 | Analysts=1
EPS current Year (2026-12-31): EPS=1.05 | Chg30d=-0.019 | Revisions Net=+0 | Growth EPS=-4.3% | Growth Revenue=-2.2%
EPS next Year (2027-12-31): EPS=0.92 | Chg30d=-0.091 | Revisions Net=+2 | Growth EPS=-12.6% | Growth Revenue=+4.3%