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Upturn AI SWOT - About
REXR 
Rexford Industrial Realty Inc (REXR)
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Upturn Advisory Summary
04/01/2025: REXR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -9.84% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.25B USD | Price to earnings Ratio 32.62 | 1Y Target Price 44.47 |
Price to earnings Ratio 32.62 | 1Y Target Price 44.47 | ||
Volume (30-day avg) 2250564 | Beta 1 | 52 Weeks Range 36.52 - 51.05 | Updated Date 04/1/2025 |
52 Weeks Range 36.52 - 51.05 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 4.39% | Basic EPS (TTM) 1.2 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 29.24% | Operating Margin (TTM) 38.32% |
Management Effectiveness
Return on Assets (TTM) 1.94% | Return on Equity (TTM) 3.39% |
Valuation
Trailing PE 32.62 | Forward PE - | Enterprise Value 12368188645 | Price to Sales(TTM) 9.88 |
Enterprise Value 12368188645 | Price to Sales(TTM) 9.88 | ||
Enterprise Value to Revenue 13.21 | Enterprise Value to EBITDA 18.75 | Shares Outstanding 227964000 | Shares Floating 226813169 |
Shares Outstanding 227964000 | Shares Floating 226813169 | ||
Percent Insiders 0.1 | Percent Institutions 116.2 |
Analyst Ratings
Rating 3.69 | Target Price 47.88 | Buy 2 | Strong Buy 5 |
Buy 2 | Strong Buy 5 | ||
Hold 8 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Rexford Industrial Realty Inc
Company Overview
History and Background
Rexford Industrial Realty, Inc. was founded in 2001. It focuses on owning, operating, and acquiring industrial properties in Southern California and other select U.S. markets. The company has grown through strategic acquisitions and development.
Core Business Areas
- Industrial Property Ownership and Leasing: Rexford owns and leases industrial properties, including warehouse, distribution, light manufacturing, and research and development spaces.
- Property Management: Rexford provides property management services for its portfolio of industrial properties, including tenant relations, maintenance, and capital improvements.
- Acquisition and Development: Rexford actively acquires and develops industrial properties in its target markets, focusing on value-add opportunities and strategic locations.
Leadership and Structure
Michael S. Frankel is the Co-Chief Executive Officer and Co-Founder. Howard Schwimmer is the Co-Chief Executive Officer and Co-Founder. Laura Clark is the Chief Financial Officer. Rexford operates as a real estate investment trust (REIT) with a board of directors overseeing its operations.
Top Products and Market Share
Key Offerings
- Industrial Properties in Southern California: Rexford's primary offering is its portfolio of industrial properties in Southern California. Market share data is difficult to pinpoint to a specific number due to fragmentation, but Rexford is one of the largest industrial property owners in the region. Competitors include Prologis, Duke Realty (now Prologis), and other regional REITs and private owners. Revenue from property leasing is the major source of revenue. Market share can be thought of through looking at Southern California's industrial square footage which is around 2 Billion square feet.
Market Dynamics
Industry Overview
The industrial real estate market is currently experiencing strong demand, driven by e-commerce growth, supply chain optimization, and population growth in key markets. Supply remains constrained in many areas, leading to rising rents and property values.
Positioning
Rexford is well-positioned to benefit from these trends due to its focus on high-demand Southern California markets and its expertise in acquiring and managing industrial properties. Their competitive advantage is its local knowledge of the Southern California industrial market and ability to identify value-add opportunities.
Total Addressable Market (TAM)
The total addressable market for industrial real estate in Southern California is estimated to be in the billions of dollars annually. Rexford's focus on this specific region allows it to capture a significant portion of this market. Estimates put Rexford Industrial Realty as around 1 to 2 percent of this TAM.
Upturn SWOT Analysis
Strengths
- Strong market position in Southern California
- Experienced management team
- Proven track record of acquisitions and development
- High-quality industrial property portfolio
- Strong relationships with tenants
Weaknesses
- Geographic concentration in Southern California
- Reliance on economic conditions in Southern California
- Exposure to interest rate risk
- Smaller market capitalization than larger REITs
Opportunities
- Further expansion into Southern California submarkets
- Development of new industrial properties
- Acquisition of value-add industrial properties
- Growth in e-commerce and supply chain optimization
- Expansion into other high-growth industrial markets
Threats
- Economic downturn in Southern California
- Increased competition from other REITs and private investors
- Rising interest rates
- Overbuilding of industrial properties
- Changes in zoning regulations
Competitors and Market Share
Key Competitors
- PLD
- DCT
- FR
Competitive Landscape
Rexford has a strong position in Southern California, but competes with larger national REITs like Prologis (PLD). Rexford's local expertise gives it an advantage in identifying and acquiring value-add properties. Prologis and First Industrial Realty Trust compete for similar industrial properties.
Major Acquisitions
Industrial property portfolio in Los Angeles County
- Year: 2023
- Acquisition Price (USD millions): 210
- Strategic Rationale: Expanded presence in a key submarket and increased portfolio NOI.
Industrial Property in Inland Empire West
- Year: 2024
- Acquisition Price (USD millions): 143.8
- Strategic Rationale: This acquisition strengthens Rexford's presence in the highly sought-after Inland Empire West submarket.
Growth Trajectory and Initiatives
Historical Growth: Rexford has experienced significant growth in assets, revenue, and net income over the past several years, fueled by acquisitions and development.
Future Projections: Analysts expect Rexford to continue to grow its portfolio and earnings in the coming years, driven by strong demand for industrial properties and its expertise in Southern California. Projections are generally positive with continued growth in rental income.
Recent Initiatives: Recent initiatives include acquiring new industrial properties, developing new facilities, and expanding into new Southern California submarkets.
Summary
Rexford Industrial Realty is a strong player in the Southern California industrial real estate market. The company has a proven track record of growth through strategic acquisitions and development. Its geographic concentration poses a risk, but its local expertise is a competitive advantage. Continued strong demand for industrial space should support future growth.
Similar Companies
- PLD
- FR
- INVH
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Investor Presentations
- Analyst Reports
- Industry Publications
- Rexford Industrial Realty Inc. Website
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market data and analyst estimates are subject to change. Investors should conduct their own due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Rexford Industrial Realty Inc
Exchange NYSE | Headquaters Los Angeles, CA, United States | ||
IPO Launch date 2013-07-19 | Co-CEO & Director Mr. Howard Schwimmer | ||
Sector Real Estate | Industry REIT - Industrial | Full time employees 271 | |
Full time employees 271 | |||
Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Rexford Industrial's high-quality, irreplaceable portfolio comprises 424 properties with approximately 50.3 million rentable square feet occupied by a stable and diverse tenant base. Structured as a real estate investment trust (REIT) listed on the New York Stock Exchange under the ticker REXR, Rexford Industrial is an S&P MidCap 400 Index member.
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