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

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

Rexford Industrial Realty Price Performance

Shares of REXR opened at $38.69 on Friday. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.42. The stock has a market cap of $8.63 billion, a PE ratio of -18.34 and a beta of 1.18. Rexford Industrial Realty has a 12-month low of $32.14 and a 12-month high of $42.92. The business has a 50-day simple moving average of $37.30 and a two-hundred day simple moving average of $36.11.

Rexford Industrial Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Shareholders of record on Thursday, December 31st will be issued a $0.4350 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Thursday, December 31st. Rexford Industrial Realty’s dividend payout ratio is presently -82.46%.

More Rexford Industrial Realty News

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

Analyst Upgrades and Downgrades

REXR has been the topic of several research reports. Evercore reaffirmed an “outperform” rating on shares of Rexford Industrial Realty in a report on Monday, July 27th. Jefferies Financial Group cut shares of Rexford Industrial Realty from a “buy” rating to a “hold” rating and set a $40.00 price objective for the company. in a research report on Thursday, August 6th. Wall Street Zen raised shares of Rexford Industrial Realty from a “strong sell” rating to a “sell” rating in a research note on Saturday, September 19th. BMO Capital Markets increased their price objective on shares of Rexford Industrial Realty from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Monday, September 28th. Finally, Weiss Ratings upgraded shares of Rexford Industrial Realty from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. Seven analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $40.71.

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.