rexford industrial (nyse: rexr) is a real estate investment trust focused on owning and operating industrial properties in southern california in-fill markets. the company owns interests in 116 properties with approximately 11.4 million rentable square feet and manages an additional 19 properties with approximately 1.2 million rentable square feet. for additional information, visit www.rexfordindustrial.com.
Company profile
Ticker
REXR
Exchange
Website
CEO
Michael S. Frankel
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Rexford Industrial, Inc.
SEC CIK
Corporate docs
Subsidiaries
Rexford Industrial Realty, L.P. • REXFORD INDUSTRIAL REALTY AND MANAGEMENT, INC. ...
IRS number
462024407
REXR stock data
Latest filings (excl ownership)
8-K
Rexford Industrial Announces First Quarter 2024 Financial Results
17 Apr 24
ARS
2023 FY
Annual report to shareholders
15 Apr 24
DEF 14A
Definitive proxy
15 Apr 24
8-K
Entry into a Material Definitive Agreement
28 Mar 24
424B5
Prospectus supplement for primary offering
27 Mar 24
FWP
Free writing prospectus
27 Mar 24
424B5
Prospectus supplement for primary offering
25 Mar 24
8-K
Rexford Industrial Announces Proposed Offering of Exchangeable
25 Mar 24
8-K
Changes in Registrant's Certifying Accountant
20 Feb 24
10-K
2023 FY
Annual report
9 Feb 24
Transcripts
REXR
Earnings call transcript
2023 Q4
7 Feb 24
REXR
Earnings call transcript
2023 Q3
19 Oct 23
REXR
Earnings call transcript
2023 Q2
20 Jul 23
REXR
Earnings call transcript
2023 Q1
20 Apr 23
REXR
Earnings call transcript
2022 Q4
9 Feb 23
REXR
Earnings call transcript
2022 Q3
20 Oct 22
REXR
Earnings call transcript
2022 Q2
21 Jul 22
REXR
Earnings call transcript
2022 Q1
20 Apr 22
REXR
Earnings call transcript
2021 Q4
10 Feb 22
REXR
Earnings call transcript
2021 Q3
21 Oct 21
Latest ownership filings
4
Howard Schwimmer
12 Mar 24
SC 13G
PRICE T ROWE ASSOCIATES INC /MD/
14 Feb 24
SC 13G/A
Tishman Capital Partners Managed Income Fund LLC
13 Feb 24
4
David E. Lanzer
13 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
PRINCIPAL REAL ESTATE INVESTORS LLC
13 Feb 24
144
Notice of proposed sale of securities
12 Feb 24
4
David E. Lanzer
8 Feb 24
SC 13G/A
STATE STREET CORP
30 Jan 24
SC 13G
BlackRock Inc.
23 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 83.27 mm | 83.27 mm | 83.27 mm | 83.27 mm | 83.27 mm | 83.27 mm |
Cash burn (monthly) | 17.67 mm | (no burn) | 21.96 mm | 22.81 mm | (no burn) | (no burn) |
Cash used (since last report) | 117.43 mm | n/a | 145.91 mm | 151.58 mm | n/a | n/a |
Cash remaining | -34.16 mm | n/a | -62.64 mm | -68.31 mm | n/a | n/a |
Runway (months of cash) | -1.9 | n/a | -2.9 | -3.0 | n/a | n/a |
Institutional ownership, Q3 2023
94.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 360 |
Opened positions | 44 |
Closed positions | 39 |
Increased positions | 140 |
Reduced positions | 130 |
13F shares | Current |
---|---|
Total value | 10.05 tn |
Total shares | 204.96 mm |
Total puts | 24.80 k |
Total calls | 26.80 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 27.75 mm | $1.37 tn |
BLK Blackrock | 26.08 mm | $1.29 tn |
T. Rowe Price | 14.37 mm | $708.00 bn |
PFG Principal Financial Group Inc - Registered Shares | 13.58 mm | $670.14 bn |
STT State Street | 11.17 mm | $555.11 bn |
IVZ Invesco | 6.48 mm | $319.99 bn |
Nuveen Asset Management | 5.04 mm | $248.50 bn |
Centersquare Investment Management | 3.73 mm | $184.12 bn |
Geode Capital Management | 3.49 mm | $172.04 bn |
JPM JPMorgan Chase & Co. | 3.06 mm | $151.05 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Mar 24 | Howard Schwimmer | Common Stock, par value $0.01 | Gift | Dispose G | No | No | 0 | 189 | 0.00 | 50,673 |
12 Feb 24 | David E. Lanzer | Common Stock, par value $0.01 | Sell | Dispose S | No | No | 52.6919 | 18,113 | 954.41 k | 0 |
6 Feb 24 | David E. Lanzer | Common Stock, par value $0.01 | Conversion | Acquire C | No | No | 0 | 18,113 | 0.00 | 18,113 |
6 Feb 24 | David E. Lanzer | Operating Partnership Units Common Stock, par value $0.01 | Conversion | Dispose C | No | No | 0 | 18,113 | 0.00 | 0 |
6 Feb 24 | David E. Lanzer | Operating Partnership Units Common Stock, par value $0.01 | Option exercise | Acquire M | No | No | 0 | 13,511 | 0.00 | 18,113 |
6 Feb 24 | David E. Lanzer | Performance Units Common Stock, par value $0.01 | Option exercise | Dispose M | No | No | 0 | 13,511 | 0.00 | 34,188 |
6 Feb 24 | David E. Lanzer | Operating Partnership Units Common Stock, par value $0.01 | Option exercise | Acquire M | No | No | 0 | 4,602 | 0.00 | 4,602 |
6 Feb 24 | David E. Lanzer | LTIP Units Common Stock, par value $0.01 | Option exercise | Dispose M | No | No | 0 | 4,602 | 0.00 | 33,908 |
17 Jan 24 | Michael S. Frankel | Common Stock, par value $0.01 | Grant | Acquire A | No | No | 0 | 15,340 | 0.00 | 532,443 |
17 Jan 24 | Howard Schwimmer | Common Stock, par value $0.01 | Grant | Acquire A | No | No | 0 | 15,340 | 0.00 | 593,508 |
News
Rexford Industrial Updates FY24 Core FFO Guidance From $2.27-$2.30 To $2.31-$2.34
17 Apr 24
Rexford Industrial Realty Q1 Core FFO $0.58 Beats $0.57 Estimate, Sales $210.99M Miss $211.56M Estimate
17 Apr 24
Real Estate Stocks Fall As Mortgage Rates Rise To 4-Month Highs: 'Inflation Is Proving Tougher To Bring Down'
17 Apr 24
Earnings Scheduled For April 17, 2024
17 Apr 24
What 5 Analyst Ratings Have To Say About Rexford Industrial Realty
16 Apr 24
Press releases
Rexford Industrial Announces First Quarter 2024 Financial Results
17 Apr 24
Rexford Industrial Receives Green Lease Leader Platinum Recognition
3 Apr 24
Rexford Industrial Receives Green Lease Leader Platinum Recognition
3 Apr 24
Rexford Industrial Announces Pricing of Public Offering of 17,179,318 Shares of Common Stock to an Existing Long-Only Investor Based on the West Coast
26 Mar 24
Rexford Industrial Announces Pricing of Offering of $500 Million Exchangeable Senior Notes due 2027 and $500 Million Exchangeable Senior Notes due 2029
26 Mar 24