Rexford Industrial Realty Price, Forecast, Insider, Ratings, Fundamentals & Signals

Los angeles , april 17, 2024 /prnewswire/ -- rexford industrial realty, inc. (the "company" or "rexford industrial") (nyse: rexr), a real estate investment trust ("reit") focused on creating value by investing in and operating industrial properties throughout infill southern california, today announced financial and operating results for the first quarter of 2024. first quarter 2024 financial and operational highlights: net income attributable to common stockholders of $58.6 million, or $0.27 per diluted share, as compared to $57.9 million, or $0.30 per diluted share, for the prior year quarter.

Los angeles , april 3, 2024 /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 located throughout infill southern california, has received the 2024 green lease leader platinum recognition, the highest distinction announced by the institute for market transformation and the u.s. department of energy's better buildings alliance at the better buildings, better plants summit. green lease leaders recognizes landlords and tenants who set national green lease standards that foster collaborative action on energy efficiency and sustainability.

Los angeles, march 26, 2024 /prnewswire/ -- rexford industrial realty, inc. (the "company" or "rexford industrial") (nyse: rexr) today announced that its operating partnership, rexford industrial realty, l.p. (the "operating partnership"), priced its offering of $500 million aggregate principal amount of 4.375% exchangeable senior notes due 2027 (the "2027 notes") and $500 million aggregate principal amount of 4.125% exchangeable senior notes due 2029 (the "2029 notes" and, together with the 2027 notes, the "notes") in a private offering to qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the "securities act").

Los angeles, march 26, 2024 /prnewswire/ -- rexford industrial realty, inc. (the "company" or "rexford industrial") (nyse: rexr), today announced that it has priced an underwritten public offering of 17,179,318 shares of its common stock, in connection with the forward sale agreement described below in which the shares were sold to an existing long-only investor based on the west coast at a price per share of $48.95. the closing of the offering is expected to occur on march 28, 2024, subject to the satisfaction of customary closing conditions.

Los angeles , march 25, 2024 /prnewswire/ -- rexford industrial realty, inc. (the "company" or "rexford industrial") (nyse: rexr), today announced that it has commenced an underwritten public offering of $840 million of its common stock, in connection with the forward sale agreement described below in which the shares are expected to be sold to an existing long-only investor based on the west coast at a price per share equal to the closing price of the company's common stock on the new york stock exchange on march 26, 2024. because the investor's indication of interest is not a binding agreement or commitment to purchase, this investor could determine to purchase more, less or no shares in this offering or the underwriter could determine to sell more, less or no shares to this investor.

Earnings season presents opportunities to buy quality stocks at discounted prices due to exaggerated market reactions. Prologis and Crown Castle have fallen in price, creating attractive entry points for long-term investors. Both companies have strong fundamentals and above-average dividend yields, making them appealing buys at their current valuations.

The stock market reacted to the Federal Reserve's decisions with initial optimism, then reverted to pessimism, and now seems back to optimism. Fed Chair Jay Powell does not expect inflation to return to the target of 2% in the next few months but believes it will come down later this year. There are weakening trends in small business, the labor market, and consumer finances that lead me to believe the economy is in the "late-cycle" phase.

There are two types of REITs: COWs (Cash Only Wanted) that focus on high dividend yield, and FROGs (Fast Rate of Growth) that prioritize maximizing total return. Higher yield usually means lower gain, and vice versa, so investors generally have to choose between the two. This article lists 13 REITS that have grown Funds From Operations at double-digit rates, maintain ample liquidity, and have outperformed the average REIT over the past 3 years.

Rexford Industrial (REXR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

The reversion to the mean suggests that now is a good time to lean on value stocks, notes Burns McKinney. He talks about how despite recent stubbornness, inflation is continuing to progress downward.

Sometimes the best time to buy a dividend stock is when other investors are worried about the future. Rexford Industrial shares have fallen over concerns about a slowdown in the industrial property market, but it owns valuable assets in a constrained region.

The near-closure of the Winnsboro TV factory in South Carolina highlights the global economy's interconnectedness as well as the pitfalls of trade barriers. Rising barriers to international trade, excessive government debt, and aging demographics are major headwinds to economic growth. The trade war with China has not resulted in a return of manufacturing jobs to the US and may hinder long-term GDP growth.

Investors have the opportunity to be selective in the current market, especially when it comes to discounted REITs.

The future is unknowable, but you can put the odds on your side for the long run by sticking to high-quality compounders. "Higher for longer" or, more accurately, "this high for a while longer," wins the day, at least based on March data. There are three primary drivers of economic growth in 2024.

Inflation is rising, causing bond rates to increase and stock prices to fall. REITs, which are income-oriented and interest rate sensitive, are particularly affected. This creates a buying opportunity for high-quality REITs with long-term potential.