Rexford Industrial Realty, Inc. (REXR)
Rexford Industrial: This REIT Is A Compelling Buy. Here's Why
Rexford Industrial faced headwinds, causing a decline in share price, creating a buying opportunity for long-term investors. Despite challenges, REXR saw double-digit growth in core FFO and revenue, outperforming some peers in same-store NOI growth. Strong balance sheet, growth projections, and raised guidance make REXR a no-brainer buy for investors seeking stable income and potential upside.
Rexford Industrial: West Coast Remains Compelling Despite (And Because) Of The Drop
Rexford Industrial is a high-quality industrial REIT with a BBB+ rating, 3.7% yield, and significant upside potential. Despite negative macro sentiment in California, REXR has impressive growth, low leverage, and a conservative investment thesis. Analysts underestimate REXR's stickiness and strength in the SoCal market, with a conservative price target of $75/share and a "BUY" recommendation.
Rexford Industrial: Still Focusing On Growth, Rather Than Shareholder Growth
Rexford Industrial Realty, Inc. focuses on growth over growth per share, resulting in a continued overhang on the stock price. The company owns over 40 million square feet of industrial real estate in Southern California, with potential risks and benefits. Recent Rexford financial updates show continued growth in assets and rental income, but caution is advised due to the focus on growth and lower yields on acquisitions.
Rexford (REXR) Leases 1.3M Square Feet, Acquires $143M QTD
Rexford's (REXR) leasing activities and strategic acquisitions poise it well to ride the growth curve.
Rexford Industrial: Fundamentals Continue To Weaken
In our last coverage of Rexford Industrial, we highlighted the fundamental threats that were building in the horizon. The REIT's Q1-2024 results show a slowdown in growth and a drop in market rent spread. The stock is getting cheap by some measures and we weigh in as to why you could look to start accumulating using defensive covered calls.
