REXR Stock Analysis: Rexford Industrial Realty | NYSE
REIT - Industrial | NYSE, USA | Market Cap: 8.235m USD | 12M Return: -6.9% | US76169C1009 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 102M
EPS Trend: 35.2%
Qual. Beats: 0
Rev. Trend: 92.5%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Rexford Industrial Realty, Inc. (REXR) is a Los Angeles-based real estate investment trust that invests in, operates, and repositions industrial properties concentrated in infill Southern California. The company positions this market as the worlds fourth largest industrial market and the highest-demand, lowest-supply major U.S. market over the long term, emphasizing a differentiated, internally driven value creation and asset management strategy. As of June 30, 2026, the portfolio comprised 409 properties totaling approximately 49.9 million rentable square feet leased to a stable, diversified tenant base, and the company was incorporated on January 18, 2013.
Industrial REITs like Rexford typically generate revenue through long-term rental income from warehouses, distribution centers, and manufacturing facilities, with infill Southern California locations benefiting from proximity to the Ports of Los Angeles and Long Beach - the busiest container port complex in the Western Hemisphere - making the assets well-suited for last-mile logistics and supply-chain tenants.
- Southern California infill industrial demand outpaces supply, driving rent growth
- Acquisition pipeline expands portfolio in high-demand infill markets
- Same-store NOI growth accelerates on rent escalations and occupancy gains
| Net Income: -391.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.78 > 1.0 |
| NWC/Revenue: -352.5% < 20% (prev 55.53%; Δ -408.0% < -1%) |
| CFO/TA 0.04 > 3% & CFO 509.3m > Net Income -391.2m |
| Current Ratio: 0.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (223.8m) vs 12m ago -5.20% < -2% |
| Gross Margin: 61.02% > 18% (prev 77.55%; Δ -16.53% > 0.5%) |
| Asset Turnover: 7.97% > 50% (prev 7.54%; Δ 0.42% > 0%) |
| Interest Coverage Ratio: -2.81 > 6 (EBIT TTM -302.3m / Interest Expense TTM 107.6m) |
| A: -0.30 (Total Current Assets 165.9m - Total Current Liabilities 3.64b) / Total Assets 11.6b |
| B: -0.11 (Retained Earnings -1.26b / Total Assets 11.6b) |
| C: -0.02 (EBIT TTM -302.3m / Avg Total Assets 12.4b) |
| D: 2.02 (Book Value of Equity 7.54b / Total Liabilities 3.74b) |
| Altman-Z'' = -0.36 = B |
As of October 03, 2026, the stock is trading at USD 36.69 with a total of 3,316,926 shares traded. Over the past week, the price has changed by -0.93%, over one month by +1.34%, over three months by +8.51% and over the past year by -6.85%.
Current recommended Stop Loss: 35.40 (which is 3.5% or 1.7 ATR below the current price).
Rexford Industrial Realty has received a consensus analysts rating of 3.44. Therefore, it is recommended to hold REXR.
- StrongBuy: 4
- Buy: 2
- Hold: 10
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 40.4 | 10.1% |
P/E Forward = 18.7617
P/S = 8.3025
P/B = 1.1518
P/EG = 1.877
Revenue TTM = 984.5m USD
EBIT TTM = -302.3m USD
EBITDA TTM = 2.09m USD
Long Term Debt = 3.26b USD (from longTermDebt, last quarter)
Short Term Debt = 3.26b USD (from shortTermDebt, last quarter)
Debt = 3.50b USD (from shortLongTermDebtTotal, last quarter) + Leases 127.0m
Net Debt = 3.46b USD (calculated: Debt 3.50b - CCE 32.2m)
Enterprise Value = 11.7b USD (8.24b + Debt 3.50b - CCE 32.2m)
Interest Coverage Ratio = -2.81 (Ebit TTM -302.3m / Interest Expense TTM 107.6m)
EV/FCF = 51.51x (Enterprise Value 11.7b / FCF TTM 227.2m)
FCF Yield = 1.94% (FCF TTM 227.2m / Enterprise Value 11.7b)
FCF Margin = 23.07% (FCF TTM 227.2m / Revenue TTM 984.5m)
Net Margin = -39.74% (Net Income TTM -391.2m / Revenue TTM 984.5m)
Gross Margin = 61.02% ((Revenue TTM 984.5m - Cost of Revenue TTM 383.7m) / Revenue TTM)
Gross Margin QoQ = 77.10% (prev 76.84%)
Tobins Q-Ratio = 1.01 (Enterprise Value 11.7b / Total Assets 11.6b)
Interest Expense / Debt = 3.08% (Interest Expense 107.6m / Debt 3.50b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -238.8m (EBIT -302.3m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.05 (Total Current Assets 165.9m / Total Current Liabilities 3.64b)
Debt / Equity = 0.46 (Debt 3.50b / totalStockholderEquity, last quarter 7.54b)
Debt / EBITDA = 1.65k (out of range, set to none) (Net Debt 3.46b / EBITDA 2.09m)
Debt / FCF = 15.25 (Net Debt 3.46b / FCF TTM 227.2m)
Total Stockholder Equity = 8.23b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.17% (Net Income -391.2m / Total Assets 11.6b)
RoE = -4.75% (Net Income TTM -391.2m / Total Stockholder Equity 8.23b)
RoCE = -2.63% (EBIT -302.3m / Capital Employed (Equity 8.23b + L.T.Debt 3.26b))
RoIC = -2.13% (negative operating profit) (NOPAT -238.8m / Invested Capital 11.2b)
WACC = 5.98% (E(8.24b)/V(11.7b) * Re(7.49%) + D(3.50b)/V(11.7b) * Rd(3.08%) * (1-Tc(0.21)))
Discount Rate = 7.49% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 67.13 | Cagr: 1.92%
[DCF] Terminal Value 77.97% ; FCFF base≈197.7m ; Y1≈226.6m ; Y5≈333.5m
[DCF] Fair Price = 6.97 (EV 5.02b - Net Debt 3.46b = Equity 1.55b / Shares 223.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 35.16 | EPS CAGR: 3.74% | SUE: 0.54 | # QB: 0
Revenue Correlation: 92.54 | Revenue CAGR: 10.29% | SUE: 0.94 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.26 | Chg30d=+0.00% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=0.98 | Chg30d=N/A | Revisions=+0% | GrowthEPS=-10.4% | GrowthRev=-5.7%
EPS next Year (2027-12-31): EPS=0.99 | Chg30d=+4.49% | Revisions=+25% | GrowthEPS=+0.4% | GrowthRev=-3.8%
[Analyst] Revisions Ratio: +25% (up=1, down=0)