Rexford Industrial Realty, Inc. (REXR)
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%.
Rexford: Debt Metrics, Pricing Power, Pessimistic Valuation Make The Stock Undeniable
Rexford Industrial is a focused Southern California REIT, leveraging management expertise to upscale properties and drive rent growth. Management's deep industry experience and founder involvement ensure this focus on quality and valued added. Rexford's valuation is attractive, trading at a significant discount compared to most peers, while its debt runway and potential for substantial future growth are unmatched.
1 Magnificent High-Yield Dividend Stock Down 50% to Buy and Hold Forever
Shares of Rexford Industrial Realty (REXR 0.13%) got a huge boost from investors coming out of the pandemic. It was, at that point, a story stock thanks to increased demand for warehouses at the time.
Rexford Keeps Dropping, But Is It A Buy Yet?
Rexford Industrial (REXR) has seen a significant decline in share price, down 41% over the last three years, despite strong historical performance. Analysts are generally positive on REXR, but recent headwinds in California and management's withdrawn guidance suggest caution. The bull case highlights REXR's strong balance sheet, strategic assets, and secure dividend, while the bear case points to SoCal concentration risks and slowing FFO trends.
Tax Loss Selling Season: Four Oversold Stocks
Tax loss selling has created opportunities in overly discounted stocks like Dave & Buster's, Rexford Industrial Real Estate, Portillo's, and Caesar's Entertainment. Dave & Buster's shares have plummeted due to weak comps and increased leverage, but insider buying and potential EBITDA growth present a compelling valuation. Rexford Industrial Real Estate offers attractive returns due to high-quality assets and strong negotiating positions, despite recent rent declines.
Rexford Industrial: Highest Dividend Yield In Over A Decade From Investment Grade Industrial REIT
Rexford Industrial (REXR) is down 21% over the last year due to macro headwinds and moderating SoCal rents post-pandemic. REXR has withdrawn its prior 3-year FFO per share CAGR guidance as SoCal market rent dips and vacancy rates rise. The quarterly cash dividend is $1.67 per share annualized, yielding 4.1%, the highest in over a decade due to share price dip.
Buying REXR Lows With Low Expectations.
REXR's recent price drop is likely sentiment-driven, not due to financial issues, making it an attractive buy for long-term investors. With solid FFO growth, low leverage, and high occupancy rates, REXR remains a financially strong and credible REIT. REXR offers a conservative yet stable investment, providing exposure to Southern California's industrial property market at a decent price.
Rexford Industrial: High Yield And Undervaluation Make It A Top REIT Pick
Rexford Industrial offers a compelling buy opportunity with a 4% dividend yield, trades near its 52-week low, and has strong growth prospects. REXR's focus on the supply constrained Southern California market, robust balance sheet, and high operational metrics make it a standout for long-term value. Despite recent share price weakness, REXR has demonstrated continued FFO and NOI growth, with a favorable supply/demand backdrop supporting future rental rate stability.
Adding A Dividend Powerhouse - Rexford Industrial Joins My Portfolio
I added Rexford Industrial Realty to my portfolio, making it my largest REIT investment, leveraging a recent 16% pullback. REXR's strategic focus on Southern California's constrained industrial real estate market provides unique pricing power and long-term growth potential. With a 4.0% dividend yield, strong NOI growth, and attractive valuation, REXR fits my portfolio strategy perfectly.
