Rexford Industrial Realty (NYSE:REXR) Announces Earnings Results, Misses Estimates By $2.86 EPS

Rexford Industrial Realty (NYSE:REXR) released its earnings results on Thursday. The real estate investment trust reported ($2.26) earnings per share for the quarter, missing the consensus estimate of $0.60 by ($2.86), Zacks reports. The firm had revenue of $243.00 million during the quarter, compared to analysts’ expectations of $240.24 million. Rexford Industrial Realty had a negative return on equity of 4.48% and a negative net margin of 39.22%.The business’s revenue was down 1.6% on a year-over-year basis. During the same period last year, the business earned $0.59 earnings per share. Rexford Industrial Realty updated its FY 2026 guidance to 2.380-2.430 EPS.

Rexford Industrial Realty Stock Up 8.2%

Shares of REXR opened at $38.93 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.50 and a current ratio of 1.50. The company has a 50-day simple moving average of $34.93 and a 200-day simple moving average of $36.13. Rexford Industrial Realty has a 52 week low of $32.14 and a 52 week high of $44.38. The firm has a market capitalization of $8.79 billion, a P/E ratio of -21.51, a P/E/G ratio of 1.50 and a beta of 1.21.

Rexford Industrial Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.435 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.74 annualized dividend and a dividend yield of 4.5%. Rexford Industrial Realty’s payout ratio is presently -96.13%.

Insider Transactions at Rexford Industrial Realty

In other news, General Counsel David E. Lanzer sold 33,299 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $35.47, for a total transaction of $1,181,115.53. Following the sale, the general counsel directly owned 33,299 shares in the company, valued at approximately $1,181,115.53. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Rexford Industrial Realty

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Lazard Asset Management LLC lifted its position in Rexford Industrial Realty by 1.0% during the 2nd quarter. Lazard Asset Management LLC now owns 35,475 shares of the real estate investment trust’s stock worth $1,261,000 after buying an additional 362 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Rexford Industrial Realty by 8.7% in the 3rd quarter. Parallel Advisors LLC now owns 5,735 shares of the real estate investment trust’s stock valued at $236,000 after purchasing an additional 460 shares during the period. MML Investors Services LLC boosted its holdings in Rexford Industrial Realty by 11.4% during the fourth quarter. MML Investors Services LLC now owns 5,478 shares of the real estate investment trust’s stock worth $212,000 after buying an additional 562 shares during the last quarter. UMB Bank n.a. raised its holdings in Rexford Industrial Realty by 25.5% in the fourth quarter. UMB Bank n.a. now owns 2,956 shares of the real estate investment trust’s stock worth $114,000 after purchasing an additional 601 shares during the period. Finally, Quadrant Capital Group LLC grew its holdings in shares of Rexford Industrial Realty by 8.4% in the 3rd quarter. Quadrant Capital Group LLC now owns 10,472 shares of the real estate investment trust’s stock valued at $431,000 after buying an additional 808 shares during the period. Institutional investors and hedge funds own 99.52% of the company’s stock.

Key Stories Impacting Rexford Industrial Realty

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

• Positive Sentiment: Rexford Industrial reported Q2 2026 Core FFO per share of $0.63, topping the $0.60 consensus estimate and up from $0.59 a year ago, which is the key profitability metric investors watch for REITs. Article Title
• Positive Sentiment: The company raised 2026 Core FFO guidance and highlighted operating efficiencies and disciplined cost control, reinforcing the view that underlying cash flow is improving. Article Title
• Positive Sentiment: Investors are also focusing on the company’s portfolio realignment plan, which calls for $1.5 billion to $2.0 billion of 2026 dispositions; management said the strategy could support share repurchases and asset recycling at attractive spreads. Article Title
• Neutral Sentiment: The board declared a quarterly dividend of $0.435 per share, implying an annualized yield of about 4.8%, which supports the income appeal of the stock but was not a major surprise. Article Title
• Negative Sentiment: Reported EPS missed estimates because of a large non-cash impairment charge, with net loss attributable to common stockholders of $506.9 million, or $2.26 per share, which could temper enthusiasm despite the stronger FFO results. Article Title
• Negative Sentiment: Management’s guidance for 2026 EPS of 2.380 to 2.430 is only roughly in line with expectations, and the planned dispositions may create near-term volatility in reported results. Article Title

Wall Street Analysts Forecast Growth

REXR has been the subject of several recent research reports. Mizuho cut their price objective on Rexford Industrial Realty from $38.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Barclays decreased their target price on shares of 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. Wells Fargo & Company reduced their price objective on shares of Rexford Industrial Realty from $45.00 to $44.00 and set an “overweight” rating for the company in a research note on Monday, June 1st. Wall Street Zen cut shares of Rexford Industrial Realty from a “hold” rating to a “sell” rating in a report on Monday, July 20th. Finally, Evercore raised shares of Rexford Industrial Realty from an “in-line” rating to an “outperform” rating and set a $40.00 target price on the stock in a research report on Monday, April 13th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $40.38.

About Rexford Industrial Realty

Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.

Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.