Rexford Industrial Realty (REXR) Stock Forecast, Price Target & Predictions
REXR Stock Forecast
Rexford Industrial Realty stock forecast is as follows: an average price target of $51.80 (represents a 33.95% upside from REXR’s last price of $38.67) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
REXR Price Target
The average price target for Rexford Industrial Realty (REXR) is $51.80 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $55.00 to $49.00. This represents a potential 33.95% upside from REXR's last price of $38.67.
REXR Analyst Ratings
According to 8 Wall Street analysts, Rexford Industrial Realty's rating consensus is 'Buy'. The analyst rating breakdown for REXR stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 3 'Hold' (37.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).
Rexford Industrial Realty Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 22, 2024 | David Radgers | Robert W. Baird | $52.00 | $44.69 | 16.36% | 34.47% |
| Oct 21, 2024 | Jeff Spector | Industrial Alliance Securities | $49.00 | $46.03 | 6.45% | 26.71% |
| Oct 18, 2024 | Samir Khanal | Industrial Alliance Securities | $55.00 | $44.93 | 22.41% | 42.23% |
| Oct 17, 2024 | Craig Mailman | Industrial Alliance Securities | $50.00 | $49.41 | 1.19% | 29.30% |
| Sep 05, 2024 | Vikram Malhotra | Mizuho Securities | $49.00 | $50.43 | -2.84% | 26.71% |
| Aug 26, 2024 | Greg McGinniss | Scotiabank | $55.00 | $52.10 | 5.56% | 42.23% |
| Jul 30, 2024 | Anthony Hau | Truist Financial | $54.00 | $49.31 | 9.51% | 39.64% |
| May 31, 2024 | Vikram Malhotra | Mizuho Securities | $50.00 | $44.70 | 11.86% | 29.30% |
| Apr 29, 2024 | Michael Mueller | Industrial Alliance Securities | $47.00 | $43.39 | 8.32% | 21.54% |
| Apr 16, 2024 | Anthony Hau | Truist Financial | $53.00 | $45.07 | 17.59% | 37.06% |
| Jun 13, 2023 | Blaine Heck | Wells Fargo | $66.00 | $52.87 | 24.83% | 70.67% |
| Jun 13, 2023 | Emmanuel Korchman | Citigroup | $53.00 | $52.87 | 0.25% | 37.06% |
| Nov 22, 2022 | Wells Fargo | $65.00 | $55.03 | 18.12% | 68.09% | |
| Apr 28, 2022 | Wells Fargo | $90.00 | $80.26 | 12.14% | 132.74% |
The latest Rexford Industrial Realty stock forecast, released on Oct 22, 2024 by David Radgers from Robert W. Baird, set a price target of $52.00, which represents a 16.36% increase from the stock price at the time of the forecast ($44.69), and a 34.47% increase from REXR last price ($38.67).
Rexford Industrial Realty Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 10 |
| Avg Price Target | - | $51.50 | $51.40 |
| Last Closing Price | $38.67 | $38.67 | $38.67 |
| Upside/Downside | -100.00% | 33.18% | 32.92% |
In the current month, the average price target of Rexford Industrial Realty stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Rexford Industrial Realty's last price of $38.67. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 21, 2024 | Bank of America Securities | Positive | Downgrade | |
| Oct 18, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Oct 17, 2024 | Citigroup | Neutral | Neutral | Hold |
| Oct 04, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| Aug 28, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Aug 26, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Jul 10, 2024 | Evercore ISI | Outperform | Initialise | |
| May 31, 2024 | Wedbush | Sector Outperform | Sector Outperform | Hold |
| May 02, 2024 | Truist Financial | Underperform | Underperform | Hold |
| May 02, 2024 | Wedbush | Buy | Buy | Hold |
| Apr 23, 2024 | Barclays | Underweight | Underweight | Hold |
| Apr 16, 2024 | Mizuho Securities | Underperform | Underperform | Hold |
| Apr 16, 2024 | Truist Financial | Buy | Buy | Hold |
| Jan 05, 2024 | Morgan Stanley | Neutral | Downgrade | |
| Nov 08, 2023 | Scotiabank | Sector Outperform | Upgrade | |
| Sep 19, 2023 | Wolfe Research | Outperform | Upgrade | |
| Jun 13, 2023 | BMO Capital | Outperform | Perform | Downgrade |
| Jun 13, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Feb 06, 2023 | BMO Capital | Outperform | Initialise | |
| Nov 22, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Apr 28, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Rexford Industrial Realty's last stock rating was published by BMO Capital on Oct 21, 2024. The company gave REXR a "Market Perform" rating, the same as its previous rate.
Rexford Industrial Realty Financial Forecast
Rexford Industrial Realty Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $186.24M | $178.59M | $162.75M | $149.12M | $140.75M | $132.71M | $115.40M | $104.34M | $99.75M | $88.59M | $83.74M |
| Avg Forecast | $217.67M | $213.95M | $210.31M | $206.75M | $322.81M | $313.05M | $303.25M | $294.25M | $285.79M | $275.76M | $264.96M | $253.78M | $242.64M | $235.81M | $227.70M | $207.39M | $211.55M | $201.96M | $196.92M | $184.62M | $176.07M | $159.34M | $150.47M | $141.92M | $127.51M | $111.42M | $103.69M | $97.47M | $88.39M | $82.96M |
| High Forecast | $218.34M | $214.61M | $210.95M | $207.38M | $323.80M | $314.01M | $304.17M | $295.15M | $286.67M | $276.60M | $265.77M | $254.56M | $243.70M | $236.12M | $227.70M | $207.39M | $214.41M | $202.57M | $197.52M | $185.18M | $176.61M | $161.69M | $152.69M | $144.01M | $129.38M | $113.06M | $105.21M | $98.91M | $89.69M | $84.18M |
| Low Forecast | $217.16M | $213.45M | $209.82M | $206.26M | $322.06M | $312.32M | $302.54M | $293.56M | $285.13M | $275.11M | $264.34M | $253.19M | $241.82M | $235.49M | $227.70M | $207.39M | $206.31M | $201.49M | $196.46M | $184.19M | $175.66M | $156.82M | $148.09M | $139.67M | $125.49M | $109.65M | $102.04M | $95.93M | $86.99M | $81.64M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | 1.02% | 0.99% | 0.99% | 1.04% | 1.04% | 1.01% | 1.02% | 1.00% | 1.01% |
Rexford Industrial Realty's average Quarter revenue forecast for Jun 23 based on 4 analysts is $196.92M, with a low forecast of $196.46M, and a high forecast of $197.52M. REXR's average Quarter revenue forecast represents a 5.74% increase compared to the company's last Quarter revenue of $186.24M (Mar 23).
Rexford Industrial Realty EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.57M | $115.98M | $108.18M | $98.56M | $92.57M | $82.66M | $83.92M | $66.76M | $70.86M | $53.51M | $63.02M |
| Avg Forecast | $145.99M | $143.50M | $141.05M | $138.66M | $216.51M | $209.96M | $203.38M | $197.35M | $191.68M | $184.95M | $177.70M | $170.21M | $162.73M | $158.15M | $152.71M | $73.52M | $141.88M | $135.45M | $132.07M | $66.84M | $86.70M | $104.44M | $98.63M | $60.76M | $83.58M | $73.03M | $67.96M | $65.37M | $57.94M | $54.37M |
| High Forecast | $146.44M | $143.93M | $141.48M | $139.09M | $217.17M | $210.60M | $204.00M | $197.95M | $192.26M | $185.51M | $178.25M | $170.73M | $163.45M | $158.37M | $152.71M | $88.23M | $143.80M | $135.86M | $132.48M | $80.20M | $104.04M | $105.98M | $100.08M | $72.91M | $84.80M | $74.10M | $68.96M | $78.44M | $58.79M | $55.17M |
| Low Forecast | $145.65M | $143.16M | $140.72M | $138.34M | $216.00M | $209.47M | $202.91M | $196.89M | $191.23M | $184.51M | $177.29M | $169.81M | $162.18M | $157.94M | $152.71M | $58.82M | $138.37M | $135.13M | $131.76M | $53.47M | $69.36M | $102.79M | $97.06M | $48.61M | $82.25M | $71.87M | $66.88M | $52.30M | $57.02M | $53.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.86% | 1.34% | 1.04% | 1.00% | 1.52% | 0.99% | 1.15% | 0.98% | 1.08% | 0.92% | 1.16% |
4 analysts predict REXR's average Quarter EBITDA for Jun 23 to be $132.07M, with a high of $132.48M and a low of $131.76M. This is 6.03% upper than Rexford Industrial Realty's previous annual EBITDA (Mar 23) of $124.57M.
Rexford Industrial Realty Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $83.71M | $32.04M | $26.67M | $30.73M | $46.42M | $29.01M | $38.01M | $24.33M | $28.67M | $17.00M | $29.67M |
| Avg Forecast | - | - | - | - | - | - | - | - | $70.12M | $67.93M | $67.93M | $67.93M | $58.69M | $61.33M | $59.60M | $36.51M | $59.33M | $59.07M | $56.75M | $33.19M | $39.05M | $47.60M | $53.13M | $30.17M | $33.04M | $26.36M | $19.26M | $26.45M | $15.76M | $16.81M |
| High Forecast | - | - | - | - | - | - | - | - | $70.40M | $68.20M | $68.20M | $68.20M | $58.92M | $61.42M | $59.60M | $43.81M | $60.40M | $59.31M | $56.98M | $39.82M | $46.85M | $48.51M | $54.14M | $36.20M | $33.67M | $26.86M | $19.63M | $31.74M | $16.06M | $17.13M |
| Low Forecast | - | - | - | - | - | - | - | - | $69.91M | $67.73M | $67.73M | $67.73M | $57.68M | $61.23M | $59.59M | $29.20M | $58.27M | $58.89M | $56.58M | $26.55M | $31.24M | $46.62M | $52.03M | $24.14M | $32.36M | $25.82M | $18.87M | $21.16M | $15.44M | $16.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.52% | 0.82% | 0.56% | 0.58% | 1.54% | 0.88% | 1.44% | 1.26% | 1.08% | 1.08% | 1.77% |
Rexford Industrial Realty's average Quarter net income forecast for Jun 23 is $56.75M, with a range of $56.58M to $56.98M. REXR's average Quarter net income forecast represents a -32.20% decrease compared to the company's last Quarter net income of $83.71M (Mar 23).
Rexford Industrial Realty SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.20M | $19.73M | $14.95M | $14.86M | $14.72M | $15.01M | $11.81M | $10.70M | $11.48M | $9.04M | $9.46M |
| Avg Forecast | $23.03M | $22.64M | $22.25M | $21.87M | $34.16M | $33.12M | $32.09M | $31.13M | $30.24M | $29.18M | $28.03M | $26.85M | $25.67M | $24.95M | $24.09M | $11.57M | $22.38M | $21.37M | $20.84M | $10.52M | $15.74M | $16.86M | $15.92M | $9.57M | $13.49M | $11.79M | $10.97M | $10.59M | $9.35M | $8.78M |
| High Forecast | $23.10M | $22.71M | $22.32M | $21.94M | $34.26M | $33.22M | $32.18M | $31.23M | $30.33M | $29.27M | $28.12M | $26.93M | $25.79M | $24.98M | $24.09M | $13.89M | $22.69M | $21.43M | $20.90M | $12.63M | $18.89M | $17.11M | $16.15M | $11.48M | $13.69M | $11.96M | $11.13M | $12.71M | $9.49M | $8.91M |
| Low Forecast | $22.98M | $22.58M | $22.20M | $21.82M | $34.08M | $33.04M | $32.01M | $31.06M | $30.17M | $29.11M | $27.97M | $26.79M | $25.59M | $24.92M | $24.09M | $9.26M | $21.83M | $21.32M | $20.79M | $8.42M | $12.59M | $16.59M | $15.67M | $7.65M | $13.28M | $11.60M | $10.80M | $8.47M | $9.20M | $8.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.73% | 1.25% | 0.89% | 0.93% | 1.54% | 1.11% | 1.00% | 0.97% | 1.08% | 0.97% | 1.08% |
Rexford Industrial Realty's average Quarter SG&A projection for Jun 23 is $20.84M, based on 4 Wall Street analysts, with a range of $20.79M to $20.90M. The forecast indicates a 14.50% rise compared to REXR last annual SG&A of $18.20M (Mar 23).
Rexford Industrial Realty EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.43 | $0.17 | $0.16 | $0.19 | $0.27 | $0.19 | $0.23 | $0.15 | $0.19 | $0.11 | $0.21 |
| Avg Forecast | - | - | - | - | - | - | - | - | $0.32 | $0.31 | $0.31 | $0.31 | $0.27 | $0.28 | $0.27 | $0.27 | $0.27 | $0.27 | $0.26 | $0.22 | $0.22 | $0.22 | $0.24 | $0.20 | $0.15 | $0.12 | $0.09 | $0.09 | $0.07 | $0.08 |
| High Forecast | - | - | - | - | - | - | - | - | $0.32 | $0.31 | $0.31 | $0.31 | $0.27 | $0.28 | $0.27 | $0.27 | $0.28 | $0.27 | $0.26 | $0.22 | $0.22 | $0.22 | $0.25 | $0.20 | $0.15 | $0.12 | $0.09 | $0.09 | $0.07 | $0.08 |
| Low Forecast | - | - | - | - | - | - | - | - | $0.32 | $0.31 | $0.31 | $0.31 | $0.26 | $0.28 | $0.27 | $0.27 | $0.27 | $0.27 | $0.26 | $0.22 | $0.22 | $0.21 | $0.24 | $0.19 | $0.15 | $0.12 | $0.09 | $0.09 | $0.07 | $0.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.96% | 0.78% | 0.74% | 0.78% | 1.37% | 1.26% | 1.91% | 1.71% | 2.16% | 1.53% | 2.74% |
According to 4 Wall Street analysts, Rexford Industrial Realty's projected average Quarter EPS for Jun 23 is $0.26, with a low estimate of $0.26 and a high estimate of $0.26. This represents a -39.77% decrease compared to REXR previous annual EPS of $0.43 (Mar 23).
Rexford Industrial Realty Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| COLD | Americold Realty Trust | $21.43 | $31.20 | 45.59% | Buy |
| REXR | Rexford Industrial Realty | $38.67 | $51.80 | 33.95% | Buy |
| PLYM | Plymouth Industrial REIT | $17.95 | $24.00 | 33.70% | Buy |
| LXP | LXP Industrial Trust | $8.30 | $11.00 | 32.53% | Buy |
| EGP | EastGroup Properties | $161.98 | $201.67 | 24.50% | Buy |
| TRNO | Terreno Realty | $59.06 | $73.33 | 24.16% | Buy |
| FR | First Industrial Realty Trust | $50.82 | $59.00 | 16.10% | Hold |