Rexford Industrial Realty (NYSE:REXR) Releases Quarterly Earnings Results, Misses Expectations By $0.53 EPS

Rexford Industrial Realty (NYSE:REXR) announced its earnings results on Thursday. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.53), FiscalAI reports. Rexford Industrial Realty had a negative return on equity of 5.55% and a negative net margin of 47.15%. The firm had revenue of $239.10 million for the quarter, compared to the consensus estimate of $232.95 million. During the same period in the prior year, the business earned $0.60 EPS. Rexford Industrial Realty’s quarterly revenue was down 5.6% on a year-over-year basis.

Rexford Industrial Realty Stock Performance

NYSE:REXR opened at $38.69 on Friday. The company has a fifty day moving average of $37.30 and a 200-day moving average of $36.11. The firm has a market capitalization of $8.63 billion, a P/E ratio of -18.34 and a beta of 1.18. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.42. Rexford Industrial Realty has a twelve month low of $32.14 and a twelve month high of $42.92.

Rexford Industrial Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 31st will be given a dividend of $0.4350 per share. The ex-dividend date of this dividend is Thursday, December 31st. This represents a $1.74 annualized dividend and a dividend yield of 4.5%. Rexford Industrial Realty’s dividend payout ratio (DPR) is -82.46%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on REXR. BMO Capital Markets upped their price target on shares of Rexford Industrial Realty from $38.00 to $39.00 and gave the company an “outperform” rating in a research report on Monday, September 28th. Scotiabank lifted their price objective on Rexford Industrial Realty from $38.00 to $40.00 and gave the stock a “sector outperform” rating in a research report on Monday, August 31st. Barclays lowered their price objective on Rexford Industrial Realty from $40.00 to $36.00 and set an “underweight” rating for the company in a research report on Thursday, July 16th. JPMorgan Chase & Co. boosted their price objective on Rexford Industrial Realty from $36.00 to $39.00 and gave the company an “underweight” rating in a research note on Monday, August 3rd. Finally, Citigroup restated a “neutral” rating on shares of Rexford Industrial Realty in a research report on Wednesday, July 29th. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $40.71.

Trending Headlines about Rexford Industrial Realty

Here are the key news stories impacting Rexford Industrial Realty this week:

• Positive Sentiment: Rexford raised its 2026 core funds from operations (FFO) guidance to $2.41-$2.44 per share, with the midpoint slightly above the FactSet consensus estimate of $2.41. Earnings Flash
• Positive Sentiment: The industrial REIT completed 3.7 million square feet of leasing during the quarter, including 600,000 square feet tied to repositioning and development projects. It has also completed approximately $1.5 billion of dispositions year to date, supporting its effort to realign the portfolio. Third-Quarter Financial Results
• Positive Sentiment: Rexford declared a quarterly dividend of $0.435 per share, or $1.74 annualized, representing an indicated yield of about 4.8%. The payout may support investor interest in the stock. Warehouse Demand and REIT Dividends
• Neutral Sentiment: Third-quarter core FFO was approximately $0.60 per share, matching consensus and the year-ago figure. This indicates stable recurring operating performance but limited growth. Q3 FFO Results
• Negative Sentiment: Net income fell to $14.6 million, or $0.07 per diluted share, from $87.1 million, or $0.37, a year earlier. Revenue declined 5.6% year over year to $239.1 million, while coverage highlighted pressure on reported earnings. Rexford Third-Quarter Results
• Negative Sentiment: An analyst reduced the preferred-stock price target by 11.13% to $24.04, signaling a more cautious view of Rexford’s valuation or capital-market outlook. Preferred-Stock Price Target Cut

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc (NYSE: REXR) is a publicly traded real estate investment trust focused on owning, operating and acquiring industrial properties. Its portfolio primarily consists of infill logistics, warehouse, distribution and manufacturing facilities that support supply-chain and business operations.

The company concentrates exclusively on Southern California, including the Los Angeles, Orange County, San Diego and Inland Empire industrial markets. Rexford seeks to benefit from the region’s established transportation infrastructure, large consumer base and constrained supply of well-located industrial real estate.

Rexford Industrial Realty became a publicly traded company in 2013.