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Rexford Industrial (REXR) Stock Jumps 7.6%: Will It Continue to Soar?
REXRRexford Industrial Realty(REXR) ZACKS·2025-04-10 15:10

Company Overview - Rexford Industrial (REXR) shares increased by 7.6% to 33.96inthelasttradingsession,followingasignificantvolumeofsharestraded,contrastingwitha20.233.96 in the last trading session, following a significant volume of shares traded, contrasting with a 20.2% loss over the past four weeks [1] - The anticipated quarterly funds from operations (FFO) for Rexford Industrial is projected at 0.58 per share, unchanged from the previous year, with revenues expected to reach 244.08million,reflectinga14244.08 million, reflecting a 14% increase year-over-year [2] Market Sentiment - The recent rise in investor optimism for Rexford Industrial is linked to President Donald Trump's announcement of a 90-day pause on reciprocal tariffs for most countries [1] - The consensus FFO per share estimate for Rexford Industrial has remained stable over the last 30 days, indicating that stock price movements may not sustain without changes in FFO estimates [4] Industry Comparison - Rexford Industrial is part of the Zacks REIT and Equity Trust - Other industry, where City Office REIT (CIO) closed 1.7% lower at 4.56, with a -4.3% return over the past month [4] - City Office REIT's consensus FFO per share estimate is $0.28, representing a 15.2% decrease from the previous year, and it currently holds a Zacks Rank of 2 (Buy) [5]