Apr. 13 at 4:20 PM
$REXR Heads up alert! Only three days until Upcoming earnings on Wednesday, 4/16/2025 for
$REXR
Neutral (5.0)
In the current analysis of Rexford Industrial Realty (REXR), the company has demonstrated a solid performance with its recent share price increase of 7.6%.
The trading volume was notably above average, indicating heightened investor interest.
However, despite these positive indicators, revisions to the funds from operations (FFO) per share estimates suggest that significant price appreciation may not be immediate.
The company's focus on industrial properties in Southern California—a market characterized by high demand—positions it favorably within the real estate investment trust (REIT) sector.
In terms of financial metrics, Rexford maintains a P/E ratio of approximately 35, which is higher than the industry average of around 30, reflecting strong growth expectations.
Moreover, its EPS growth rate has been robust, with a historical average of about 10% year-over-year, contributing to a favorable outlook compared to peers like Prologis (PLD) and others in the REIT space.
Additionally, the firm is recognized for its reliable dividend payments, which enhance its attractiveness to income-focused investors.
Looking ahead, Rexford Industrial is set to release its first-quarter 2025 earnings on April 16, 2025, followed by a conference call on April 17, where management will provide insights into performance and future strategies.
Analysts are closely monitoring this upcoming report, as historical performance has shown that Rexford typically exceeds earnings expectations.
The consensus estimates project a modest revenue increase, with forecasts suggesting a growth trajectory driven by strategic acquisitions and operational efficiencies.
Market sentiment remains cautiously optimistic, with analysts maintaining a sector perform rating, although Scotiabank recently adjusted its price target to
$47, reflecting a more conservative outlook amid broader economic conditions affecting the real estate sector.
- Funds were net buyers of
$REXR during the previous reporting quarter.
- Top 5 funds with large holdings in
$REXR:
* Rush Island Management LP
$133MM. New position. CGMFundRank: 58%, Fund Website: www.rushisland.com
* Long Pond Capital LP
$59MM. New position. CGMFundRank: 71%, Fund Website: www.longpond.com
* GEM Realty Capital Inc
$46MM. CGMFundRank: 65%, Fund Website: www.gemrc.com
* Balyasny Asset Management LLC
$8MM. New position. CGMFundRank: 92%, Fund Website: www.bamfunds.com
* Holocene Advisors LP
$5MM. CGMFundRank: 80%, Fund Website: www.holoceneadvisors.com
- Last 10 days performance: -18%
- Last 30 days performance: -15%
- Last 90 days performance: -12%
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