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 $54.00 (represents a 6.74% upside from REXR’s last price of $50.59) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
REXR Price Target
The average price target for Rexford Industrial Realty (REXR) is $54.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $66.00 to $47.00. This represents a potential 6.74% upside from REXR's last price of $50.59.
REXR Analyst Ratings
According to 6 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' (66.67%), 1 'Hold' (16.67%), 1 'Sell' (16.67%), 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 |
|---|---|---|---|---|---|---|
| Sep 05, 2024 | Vikram Malhotra | Mizuho Securities | $49.00 | $50.43 | -2.84% | -3.14% |
| Aug 26, 2024 | Greg McGinniss | Scotiabank | $55.00 | $52.10 | 5.56% | 8.72% |
| Jul 30, 2024 | Anthony Hau | Truist Financial | $54.00 | $49.31 | 9.51% | 6.74% |
| May 31, 2024 | Vikram Malhotra | Mizuho Securities | $50.00 | $44.70 | 11.86% | -1.17% |
| Apr 29, 2024 | Michael Mueller | Industrial Alliance Securities | $47.00 | $43.39 | 8.32% | -7.10% |
| Apr 16, 2024 | Anthony Hau | Truist Financial | $53.00 | $45.07 | 17.59% | 4.76% |
| Jun 13, 2023 | Blaine Heck | Wells Fargo | $66.00 | $52.87 | 24.83% | 30.46% |
| Jun 13, 2023 | Emmanuel Korchman | Citigroup | $53.00 | $52.87 | 0.25% | 4.76% |
| Nov 22, 2022 | - | Wells Fargo | $65.00 | $55.03 | 18.12% | 28.48% |
| Apr 28, 2022 | - | Wells Fargo | $90.00 | $80.26 | 12.14% | 77.90% |
The latest Rexford Industrial Realty stock forecast, released on Sep 05, 2024 by Vikram Malhotra from Mizuho Securities, set a price target of $49.00, which represents a -2.84% decrease from the stock price at the time of the forecast ($50.43), and a -3.14% decrease from REXR last price ($50.59).
Rexford Industrial Realty Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 6 |
| Avg Price Target | $52.00 | $52.67 | $51.33 |
| Last Closing Price | $50.59 | $50.59 | $50.59 |
| Upside/Downside | 2.79% | 4.11% | 1.46% |
In the current month, the average price target of Rexford Industrial Realty stock is $52.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 2.79% increase as opposed to Rexford Industrial Realty's last price of $50.59. This month's average price target is down -1.27% compared to last quarter, and up 1.31% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 | Truist Financial | Buy | Buy | Hold |
| Apr 16, 2024 | Mizuho Securities | Underperform | Underperform | Hold |
| Jan 05, 2024 | Morgan Stanley | - | Neutral | Downgrade |
Rexford Industrial Realty's last stock rating was published by Evercore ISI on Aug 28, 2024. The company gave REXR a "Outperform" 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $186.24M | $178.59M | $162.75M | - | $140.75M | $132.71M | $115.40M | $104.34M | $99.75M | $88.59M | $83.74M |
| Avg Forecast | $217.67M | $213.95M | $210.31M | $206.75M | $203.67M | $197.75M | $191.93M | $186.21M | $300.70M | $288.25M | $268.33M | $255.96M | $243.20M | $235.85M | $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 | $223.21M | $219.40M | $215.66M | $212.00M | $208.85M | $202.78M | $196.81M | $190.95M | $308.35M | $295.59M | $275.15M | $262.47M | $249.39M | $239.80M | $233.49M | $212.67M | $214.41M | $207.09M | $201.93M | $189.31M | $180.55M | $163.40M | $150.47M | $148.78M | $133.67M | $116.80M | $108.70M | $102.18M | $92.66M | $86.96M |
| Low Forecast | $212.36M | $208.73M | $205.17M | $201.70M | $198.69M | $192.92M | $187.24M | $181.66M | $293.35M | $281.21M | $261.77M | $249.70M | $237.26M | $233.47M | $222.13M | $202.33M | $206.31M | $197.02M | $192.11M | $180.11M | $171.77M | $155.45M | $150.47M | $132.27M | $118.84M | $103.84M | $96.64M | $90.85M | $82.38M | $77.32M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 8 | 10 | 14 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | 1.02% | - | 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 $192.11M, and a high forecast of $201.93M. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 8 | 10 | 14 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.57M | $115.98M | $108.18M | - | $92.57M | $82.66M | $83.92M | $66.76M | $70.86M | $53.51M | $63.02M |
| Avg Forecast | $142.67M | $140.24M | $137.85M | $135.51M | $133.49M | $129.61M | $125.80M | $122.05M | $197.09M | $188.94M | $175.87M | $167.77M | $159.41M | $154.59M | $149.24M | $73.52M | $138.66M | $132.37M | $129.07M | $66.84M | $115.40M | $59.81M | $98.63M | $60.76M | $78.82M | $47.28M | $61.20M | $65.37M | $33.64M | $39.39M |
| High Forecast | $146.30M | $143.80M | $141.35M | $138.96M | $136.89M | $132.91M | $129.00M | $125.16M | $202.11M | $193.74M | $180.35M | $172.03M | $163.46M | $157.18M | $153.04M | $88.23M | $140.53M | $135.74M | $132.35M | $80.20M | $118.34M | $71.78M | $98.63M | $72.91M | $94.58M | $56.74M | $73.44M | $78.44M | $40.36M | $47.27M |
| Low Forecast | $139.19M | $136.81M | $134.48M | $132.20M | $130.23M | $126.45M | $122.73M | $119.07M | $192.28M | $184.32M | $171.58M | $163.67M | $155.51M | $153.03M | $145.60M | $58.82M | $135.23M | $129.14M | $125.92M | $53.47M | $112.58M | $47.85M | $98.63M | $48.61M | $63.05M | $37.83M | $48.96M | $52.30M | $26.91M | $31.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.86% | 1.01% | 1.81% | - | 1.52% | 1.05% | 1.77% | 1.09% | 1.08% | 1.59% | 1.60% |
4 analysts predict REXR's average Quarter EBITDA for Jun 23 to be $129.07M, with a high of $132.35M and a low of $125.92M. This is 3.62% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 8 | 10 | 14 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $83.71M | $32.04M | $26.67M | - | $46.42M | $29.01M | $38.01M | $24.33M | $28.67M | $17.00M | $29.67M |
| Avg Forecast | - | - | - | - | - | - | - | - | $69.56M | $67.39M | $67.39M | $67.39M | $60.78M | $60.73M | $59.12M | $36.51M | $58.86M | $58.60M | $56.30M | $33.19M | $47.63M | $27.09M | $51.99M | $30.17M | $35.50M | $21.42M | $22.30M | $26.45M | $10.68M | $18.54M |
| High Forecast | - | - | - | - | - | - | - | - | $71.86M | $69.62M | $69.62M | $69.62M | $62.78M | $61.78M | $61.08M | $43.81M | $59.91M | $60.54M | $58.16M | $39.82M | $49.21M | $32.51M | $51.99M | $36.20M | $42.59M | $25.70M | $26.76M | $31.74M | $12.82M | $22.25M |
| Low Forecast | - | - | - | - | - | - | - | - | $67.36M | $65.25M | $65.25M | $65.25M | $58.85M | $58.81M | $57.25M | $29.20M | $57.81M | $56.74M | $54.51M | $26.55M | $46.12M | $21.67M | $51.99M | $24.14M | $28.40M | $17.13M | $17.84M | $21.16M | $8.55M | $14.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.52% | 0.67% | 0.98% | - | 1.54% | 0.82% | 1.77% | 1.09% | 1.08% | 1.59% | 1.60% |
Rexford Industrial Realty's average Quarter net income forecast for Jun 23 is $56.30M, with a range of $54.51M to $58.16M. REXR's average Quarter net income forecast represents a -32.74% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 8 | 10 | 14 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.20M | $19.73M | $14.95M | - | $14.72M | $15.01M | $11.81M | $10.70M | $11.48M | $9.04M | $9.46M |
| Avg Forecast | $23.03M | $22.64M | $22.25M | $21.87M | $21.55M | $20.92M | $20.31M | $19.70M | $31.82M | $30.50M | $28.39M | $27.08M | $25.73M | $24.95M | $24.09M | $11.57M | $22.38M | $21.37M | $20.84M | $10.52M | $18.63M | $8.41M | $15.92M | $9.57M | $14.31M | $6.65M | $9.80M | $10.59M | $5.68M | $5.92M |
| High Forecast | $23.62M | $23.21M | $22.82M | $22.43M | $22.10M | $21.45M | $20.82M | $20.20M | $32.62M | $31.27M | $29.11M | $27.77M | $26.39M | $25.37M | $24.70M | $13.89M | $22.69M | $21.91M | $21.37M | $12.63M | $19.10M | $10.10M | $15.92M | $11.48M | $17.17M | $7.98M | $11.76M | $12.71M | $6.82M | $7.10M |
| Low Forecast | $22.47M | $22.08M | $21.71M | $21.34M | $21.02M | $20.41M | $19.81M | $19.22M | $31.04M | $29.75M | $27.70M | $26.42M | $25.10M | $24.70M | $23.50M | $9.26M | $21.83M | $20.85M | $20.33M | $8.42M | $18.17M | $6.73M | $15.92M | $7.65M | $11.45M | $5.32M | $7.84M | $8.47M | $4.55M | $4.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.73% | 1.06% | 1.78% | - | 1.54% | 1.05% | 1.77% | 1.09% | 1.08% | 1.59% | 1.60% |
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 $20.33M to $21.37M. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 8 | 10 | 14 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.43 | $0.17 | $0.16 | - | $0.27 | $0.19 | $0.23 | $0.15 | $0.19 | $0.11 | $0.21 |
| Avg Forecast | - | - | - | - | - | - | - | - | $0.32 | $0.31 | $0.31 | $0.31 | $0.28 | $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 | - | - | - | - | - | - | - | - | $0.33 | $0.32 | $0.32 | $0.32 | $0.29 | $0.28 | $0.28 | $0.28 | $0.28 | $0.28 | $0.27 | $0.23 | $0.23 | $0.22 | $0.24 | $0.21 | $0.16 | $0.13 | $0.09 | $0.09 | $0.08 | $0.08 |
| Low Forecast | - | - | - | - | - | - | - | - | $0.31 | $0.30 | $0.30 | $0.30 | $0.27 | $0.27 | $0.26 | $0.26 | $0.27 | $0.26 | $0.25 | $0.21 | $0.21 | $0.21 | $0.24 | $0.18 | $0.14 | $0.11 | $0.08 | $0.08 | $0.07 | $0.07 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.96% | 0.78% | 0.74% | - | 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 $0.25 and a high estimate of $0.27. 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 |
|---|---|---|---|---|---|
| LXP | LXP Industrial Trust | $10.16 | $14.00 | 37.80% | Buy |
| COLD | Americold Realty Trust | $29.02 | $32.25 | 11.13% | Buy |
| PLYM | Plymouth Industrial REIT | $23.10 | $25.40 | 9.96% | Buy |
| FR | First Industrial Realty Trust | $56.34 | $60.22 | 6.89% | Buy |
| REXR | Rexford Industrial Realty | $50.59 | $54.00 | 6.74% | Buy |
| EGP | EastGroup Properties | $187.50 | $189.60 | 1.12% | Buy |
| TRNO | Terreno Realty | $69.53 | $66.40 | -4.50% | Buy |
REXR Forecast FAQ
Is Rexford Industrial Realty a good buy?
Yes, according to 6 Wall Street analysts, Rexford Industrial Realty (REXR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 66.67% of REXR's total ratings.
What is REXR's price target?
Rexford Industrial Realty (REXR) average price target is $54 with a range of $47 to $66, implying a 6.74% from its last price of $50.59. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Rexford Industrial Realty stock go up soon?
According to Wall Street analysts' prediction for REXR stock, the company can go up by 6.74% (from the last price of $50.59 to the average price target of $54), up by 30.46% based on the highest stock price target, and down by -7.10% based on the lowest stock price target.
Can Rexford Industrial Realty stock reach $80?
REXR's average twelve months analyst stock price target of $54 does not support the claim that Rexford Industrial Realty can reach $80 in the near future.
What is Rexford Industrial Realty's current price target trend?
2 Wall Street analysts forecast a $52 price target for Rexford Industrial Realty (REXR) this month, up 2.79% from its last price of $50.59. Compared to the last 3 and 12 months, the average price target increased by 4.11% and increased by 1.46%, respectively.
What are Rexford Industrial Realty's analysts' financial forecasts?
Rexford Industrial Realty's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $779.56M (high $799.39M, low $760.51M), average EBITDA is $510.96M (high $523.96M, low $498.48M), average net income is $0 (high $0, low $0), average SG&A $82.48M (high $84.58M, low $80.47M), and average EPS is $0 (high $0, low $0). REXR's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $848.69M (high $870.27M, low $827.95M), average EBITDA is $556.27M (high $570.42M, low $542.68M), average net income is $0 (high $0, low $0), average SG&A $89.8M (high $92.08M, low $87.6M), and average EPS is $0 (high $0, low $0).
Did the REXR's actual financial results beat the analysts' financial forecasts?
Based on Rexford Industrial Realty's last annual report (Dec 2022), the company's revenue was $631.2M, beating the average analysts forecast of $627.81M by 0.54%. Apple's EBITDA was $414.88M, beating the average prediction of $334.61M by 23.99%. The company's net income was $128.66M, missing the average estimation of $156.89M by -17.99%. Apple's SG&A was $64.26M, beating the average forecast of $52.53M by 22.34%. Lastly, the company's EPS was $0.75, missing the average prediction of $0.876 by -14.34%. In terms of the last quarterly report (Mar 2023), Rexford Industrial Realty's revenue was $186.24M, beating the average analysts' forecast of $184.62M by 0.88%. The company's EBITDA was $124.57M, beating the average prediction of $66.84M by 86.37%. Rexford Industrial Realty's net income was $83.71M, beating the average estimation of $33.19M by 152.22%. The company's SG&A was $18.2M, beating the average forecast of $10.52M by 72.93%. Lastly, the company's EPS was $0.43, beating the average prediction of $0.219 by 96.22%