Core Insights - Wall Street analysts forecast Rexford Industrial (REXR) will report quarterly earnings of $0.58 per share, indicating a year-over-year decline of 3.3% [1] - Anticipated revenues are projected to be $244.72 million, reflecting a 3% increase compared to the same quarter last year [1] Earnings Estimates - The current EPS estimate represents a downward revision of 0.1% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock [3] Revenue Projections - Analysts expect 'Revenues- Rental revenues' to be $239.56 million, suggesting a year-over-year change of +2.8% [5] - 'Revenues- Interest income' is estimated to reach $5.32 million, indicating a year-over-year increase of +19.7% [5] - The consensus estimate for 'Depreciation and amortization' is projected at $83.11 million [5] Market Performance - Rexford Industrial shares have remained unchanged over the past month, contrasting with the Zacks S&P 500 composite's increase of +4.1% [5] - With a Zacks Rank 3 (Hold), REXR is expected to closely follow overall market performance in the near term [5]

Rexford Industrial Realty, Inc. ( REXR ) has been on my watch list for a very long time (see below for reasons). Every time I check the price, I see that the stock has**My articles represent my opinion only and in no way constitute professional investment advice. It is the responsibility of the reader to conduct their due diligence and seek investment advice from a licensed professional before making any investment decisions.**Analyst’s Disclosure:I/we have no stock, option or similar derivative position in ...

Rexford Industrial Overview - Rexford Industrial Realty has a portfolio of 424 industrial properties, encompassing 51 million square feet, with an entity value of $13 billion[7] - The company focuses on prime infill locations in Southern California[7, 13] - Rexford's FFO per share growth has a 5-year CAGR of 10%, exceeding the REIT average of 3%[9, 10] - The dividend per share growth has a 5-year CAGR of 16%, significantly higher than the REIT average of 3%[9, 10] Growth and Value Creation - Rexford has substantial embedded cash NOI growth, including a $60 million portfolio mark-to-market, $105 million in annual embedded rent steps, and $70 million from repositioning and redevelopment[17] - Repositioning and redevelopment projects in-process or in lease-up are expected to generate $70 million in annualized stabilized cash NOI[17, 18, 25] - The company's leasing activity in 1Q 2025 covered 2.4 million square feet, with average embedded rent steps of 3.6% in executed leases[28] Market and Portfolio - Southern California is the largest and highest-value industrial market in the nation, valued at $32 billion with 2.1 billion square feet[38] - Rexford's portfolio has a trailing 12-month average executed lease rate of $19.16 per square foot, a 22% premium over the Infill SoCal average of $15.65[59] - Over the last 4 years, >85% of transactions were executed off/lightly-marketed[34]

Core Viewpoint - Medical Properties Trust is identified as a high-risk turnaround story, while Prologis and Rexford Industrial are considered low-risk options for dividend investors [1] Medical Properties Trust - Medical Properties Trust's dividend has decreased from $0.29 per share per quarter in mid-2023 to $0.15 by the end of that year, and further down to $0.08 in the second half of 2024, marking a 72% reduction from previous levels [2][4] - The decline in dividend payments is attributed to financial difficulties faced by some of its largest tenants, leading to reduced rent collections and the necessity to cut dividends [4] - There is a potential for recovery, but the process is expected to be slow due to the unique nature of hospital assets, making it unlikely for management to complete the turnaround in three years [5] Prologis and Rexford Industrial - Prologis and Rexford are positioned better for recovery, with dividend yields of 3.8% and 4.7% respectively, which, while lower than Medical Properties Trust, are still at the high end of their historical ranges [6] - Current challenges for Prologis and Rexford are more emotional than business-related, stemming from geopolitical tensions and tariff concerns, which have led to stock sell-offs despite strong underlying business fundamentals [7] - Prologis has a globally diversified portfolio, making it the less risky choice, while Rexford, focused on Southern California, benefits from strong pricing power due to supply constraints in that market [8] - In Q1 2025, Prologis increased rents by over 30% on a cash basis, while Rexford's rents rose by nearly 15%, indicating robust business performance despite investor hesitance [9] Investment Considerations - High dividend yields can be attractive, but the case of Medical Properties Trust illustrates that risks may outweigh the benefits, whereas Prologis and Rexford present compelling opportunities despite lower yields [10]

LOS ANGELES, June 17, 2025 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced that the Company will release second quarter 2025 financial results after the market closes on Wednesday, July 16, 2025. A conference call with senior management will be held on Thursday, July 17, 2025 at 1 p.m. EDT.To ...

Core Viewpoint - Rexford Industrial Realty, Inc. emphasizes its commitment to Environmental, Social, and Governance (ESG) principles, showcasing measurable impacts and future strategies to enhance sustainability and stakeholder value [2][4]. ESG Goals and Achievements - In 2024, the company achieved significant milestones through its ESG strategy, including avoiding an estimated 28,500 metric tons of emissions by repurposing buildings and expanding solar capacity [7] - The societal impact generated by the company is estimated at $1.5 billion, attributed to neighborhood revitalization, job creation, and community engagement [7] - Strong governance practices were upheld, including enhanced cybersecurity measures and outreach to shareholders representing approximately 94% of outstanding shares [7] Future Strategies - The company plans to develop asset-level decarbonization plans, expand green building certifications, and scale solar energy capacity [4] - Continued community engagement and team development are identified as key drivers for long-term value [4] Company Overview - Rexford Industrial operates in Southern California's industrial real estate market, which is characterized by high demand and low supply [6] - As of March 31, 2025, the company’s portfolio includes 424 properties with approximately 51.0 million rentable square feet [6] - The company is structured as a real estate investment trust (REIT) and is a member of the S&P MidCap 400 Index [6]

Group 1 - Rexford Industrial Realty, Inc. (NYSE: REXR) is a specialized industrial REIT with a portfolio exclusively located in Southern California [1] - The company has experienced significant growth over the past several years, indicating a strong performance in the industrial real estate sector [1]

Financial Data and Key Metrics Changes - The company has grown from under $500 million in total assets at the time of the IPO to mid billions of dollars today [2] - The total square footage has increased from 5.5 million square feet to approximately 50 million square feet [2] Business Line Data and Key Metrics Changes - No specific data on individual business lines was provided in the meeting Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The company continues to focus on growth and expansion, as indicated by the significant increase in total assets and square footage [2] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting Other Important Information - The meeting was conducted virtually, and stockholders were able to submit questions, although no questions were received [13][14] - The company ratified the appointment of KPMG as the independent registered public accounting firm for the fiscal year ending December 31, 2025 [12] - The advisory resolution to approve the company's executive compensation for the fiscal year ended December 31, 2024, was also approved [12] Q&A Session Summary Question: Were there any questions submitted during the meeting? - No questions were submitted during the meeting [13][14]

Core Viewpoint - Rexford Industrial Realty, Inc. is focused on creating value through investments in industrial properties in Southern California, highlighting strong operational and transaction activity in the second quarter of 2025 [1]. Operating Activity (Second Quarter to Date) - The company executed 1.2 million square feet of new and renewal leases, with an average unit size of 17,000 square feet, including approximately 652,000 square feet of renewal leases and 571,000 square feet of new leases [6]. - Comparable rental rates on new and renewal leases increased by 17% on a net effective basis and by 4% on a cash basis compared to prior rents [6]. - Embedded annual rental rate increases averaged 3.7% for leases executed in the quarter to date [6]. Transaction Activity - The company leased a 191,000-square-foot repositioning project in the Los Angeles – San Gabriel Valley submarket, with a total investment of $31 million, projected to generate a 9.2% unlevered stabilized cash yield [6]. - In May, the company disposed of a property in the San Diego – North County submarket for $31 million, achieving $289 per square foot, with the transaction generating an 11.9% unlevered IRR [6]. - The company has $32 million of dispositions under contract or accepted offer, although there is no guarantee these transactions will close [6].

Group 1 - The article discusses the cautious outlook on Rexford Industrial (NYSE: REXR) due to its focus on growth rather than shareholder returns [1] - The investing group "Value In Corporate Events" aims to provide members with opportunities related to IPOs, mergers & acquisitions, and earnings reports [2] - The coverage includes 10 major events per month, focusing on identifying the best investment opportunities [2]