Rexford Industrial Realty, Inc. (REXR)
Why Rexford Industrial Is Down 50% - And How To Trade It
Rexford Industrial Realty, Inc. has seen a significant stock price drop, driven by market misjudgment rather than company failure, now trading closer to fair value. REXR owns premium warehouses in the Inland Empire, with high rent rates, but faces cyclical market challenges and slowing growth. Market fundamentals are shifting towards inland industrial markets, benefiting companies like STAG and EGP, while coastal markets experience negative absorption.
Rexford Industrial: High Value At Low Price
Rexford Industrial Realty focuses on Southern California's high-value industrial market, offering a 4.2% dividend yield and trading at a P/FFO of 17x. REXR's market benefits from a favorable supply-demand balance, with reduced new supply due to higher interest rates, supporting strong leasing spreads and NOI growth. The REIT's growth strategy emphasizes organic CapEx, with a 72% FFO payout ratio, low leverage, and a BBB+ rated balance sheet.
Better Dividend Stock: Rexford Industrial vs. W.P. Carey
Rexford Industrial (REXR -0.57%) and W.P. Carey (WPC -0.31%) are slotted into different niches in the real estate investment trust (REIT) sector.
If I Could Only Buy 2: My Favorite High-Yield Dividend Stocks Today
The stock market is highly competitive, similar to other aspects of life, making it hard for smaller companies to stand out. The S&P 500's largest holdings dominate the market, with the top ten accounting for 38% of its weighting but only 13% of its sales. Big companies like FANG+ have strong growth, profitability, and healthy balance sheets, making them more attractive investments compared to many unprofitable small and mid-cap companies.
Rexford Industrial Realty, Inc. (REXR) Q4 2024 Earnings Call Transcript
Rexford Industrial Realty, Inc. (NYSE:REXR ) Q4 2024 Earnings Conference Call February 6, 2025 1:00 PM ET Company Participants Mikayla Lynch - Director, IR & Capital Markets Howard Schwimmer - Co-CEO Michael Frankel - Co-CEO Laura Clark - COO Mike Fitzmaurice - CFO Conference Call Participants Mike Mueller - J.P. Morgan Blaine Heck - Wells Fargo Andrew Berger - Bank of America Steve Sakwa - Evercore ISI John Kim - BMO Capital Markets Greg McGinniss - Scotiabank Nick Thillman - Baird Vikram Malhotra - Mizuho Craig Mailman - Citi Operator Hello and thank you for standing by.
Rexford Industrial: SoCal's Growth Dreams Crumble
We had previously rated Rexford Industrial Realty, Inc. as a HOLD with a buy under price of $42. The stock has moved lower since then and took an extra dive after the release of Q4-2024 results. We go over the numbers and tell you how we played it.
Rexford Industrial (REXR) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Rexford Industrial (REXR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Rexford Industrial (REXR) Q4 FFO Meet Estimates
Rexford Industrial (REXR) came out with quarterly funds from operations (FFO) of $0.58 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.56 per share a year ago.
Rexford: Increasing My Position
Rexford Industrial is a high-quality industrial REIT with a BBB+ rating, low debt, and significant upside potential below $43/share. Despite a recent share price decline, I increased my allocation by 30%, seeing this as a prime investment opportunity in Southern California's robust market. REXR's growth may slow, but its conservative assets and strong fundamentals justify a "Buy" rating, even at 21.7x P/AFFO.
Rexford Industrial: A Convincing Dividend Growth Stock To Buy Now
Last month, I opened a starter position in Rexford Industrial. The industrial REIT's revenue and core FFO per share climbed higher in Q3. REXR boasts a BBB+ credit rating from S&P on a stable outlook.
Better Dividend Stock: Rexford Industrial vs. W.P. Carey
Beauty is often in the eye of the beholder, a statement that is particularly true on Wall Street. That's a good setup for a comparison of two real estate investment trusts (REITs) that focus on industrial assets.
3 No-Brainer, High-Yield REIT Stocks to Buy With $1,000 Right Now
If you have $1,000 to put to work buying equities today, there are plenty of attractive dividend stocks to consider. Three of the most interesting right now are Rexford Industrial (REXR -2.82%), Realty Income (O -1.60%), and EPR Properties (EPR -1.40%), with yields ranging from 4.3% to 7.6%.
