REXR Stock Analysis: Rexford Industrial Realty | NYSE
REIT - Industrial | NYSE, USA | Market Cap: 8.636m USD | 12M Return: 4.2% | US76169C1009 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 108M
EPS Trend: 35.2%
Qual. Beats: 0
Rev. Trend: 92.5%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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 (REXR) is a Los Angeles-based real estate investment trust (REIT) that invests in, operates, and repositions industrial properties concentrated in infill Southern California. The company targets what it describes as the worlds fourth largest industrial market and the highest-demand, lowest-supply major market in the U.S. over the long term.
REXRs strategy relies on proprietary value creation and asset management capabilities to drive both internal and external growth. Its portfolio comprises 419 properties with approximately 51.2 million rentable square feet, leased to a stable and diverse tenant base. As an industrial REIT, the company focuses on warehouse, logistics, and distribution properties-a sector that has benefited from sustained demand tied to e-commerce growth and supply chain reshoring.
The company is structured as a REIT, listed on the New York Stock Exchange, and is a member of the S&P MidCap 400 Index. Rexford Industrial was incorporated on January 18, 2013.
- SoCal infill industrial supply shortage drives sustained rent growth
- Same-property NOI expansion fueled by double-digit mark-to-market lease spreads
- Higher interest rates elevate acquisition cap rates and slow external growth
| Net Income: -391.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.09 > 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 August 07, 2026, the stock is trading at USD 36.50 with a total of 2,728,665 shares traded. Over the past week, the price has changed by -4.90%, over one month by +6.54%, over three months by +2.04% and over the past year by +4.18%.
Current recommended Stop Loss: 35.10 (which is 3.8% or 1.4 ATR below the current price).
Rexford Industrial Realty has received a consensus analysts rating of 3.65. Therefore, it is recommended to hold REXR.
- StrongBuy: 5
- Buy: 2
- Hold: 9
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 39.7 | 8.7% |
P/E Forward = 18.7617
P/S = 8.7059
P/B = 1.1587
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 = 12.1b USD (8.64b + Debt 3.50b - CCE 32.2m)
Interest Coverage Ratio = -2.81 (Ebit TTM -302.3m / Interest Expense TTM 107.6m)
EV/FCF = 95.98x (Enterprise Value 12.1b / FCF TTM 126.1m)
FCF Yield = 1.04% (FCF TTM 126.1m / Enterprise Value 12.1b)
FCF Margin = 12.81% (FCF TTM 126.1m / 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 = 1.04 (Enterprise Value 12.1b / 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 = 27.48 (Net Debt 3.46b / FCF TTM 126.1m)
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 = 6.17% (E(8.64b)/V(12.1b) * Re(7.68%) + D(3.50b)/V(12.1b) * Rd(3.08%) * (1-Tc(0.21)))
Discount Rate = 7.68% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 87.91 | Cagr: 5.30%
[DCF] Terminal Value 73.10% ; FCFF base≈137.0m ; Y1≈120.2m ; Y5≈97.1m
[DCF] Fair Price = N/A (negative equity: EV 1.56b - Net Debt 3.46b = -1.91b; debt exceeds intrinsic value)
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=0.23 | Chg30d=-8.74% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.98 | Chg30d=N/A | Revisions=+0% | GrowthEPS=-10.4% | GrowthRev=-4.6%
EPS next Year (2027-12-31): EPS=0.95 | Chg30d=+1.35% | Revisions=+25% | GrowthEPS=-3.9% | GrowthRev=-1.3%