Rexford Industrial Realty (REXR) Stock Forecast, Price Target & Predictions


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REXR Stock Forecast


Rexford Industrial Realty stock forecast is as follows: an average price target of $54.00 (represents a 25.09% upside from REXR’s last price of $43.17) 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 $54.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $66.00 to $49.00. This represents a potential 25.09% upside from REXR's last price of $43.17.

REXR Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024David RadgersRobert W. Baird$52.00$44.6916.36%20.45%
Oct 21, 2024Jeff SpectorIndustrial Alliance Securities$49.00$46.036.45%13.50%
Oct 18, 2024Samir KhanalIndustrial Alliance Securities$55.00$44.9322.41%27.40%
Oct 17, 2024Craig MailmanIndustrial Alliance Securities$50.00$49.411.19%15.82%
Sep 05, 2024Vikram MalhotraMizuho Securities$49.00$50.43-2.84%13.50%
Aug 26, 2024Greg McGinnissScotiabank$55.00$52.105.56%27.40%
Jul 30, 2024Anthony HauTruist Financial$54.00$49.319.51%25.09%
May 31, 2024Vikram MalhotraMizuho Securities$50.00$44.7011.86%15.82%
Apr 29, 2024Michael MuellerIndustrial Alliance Securities$47.00$43.398.32%8.87%
Apr 16, 2024Anthony HauTruist Financial$53.00$45.0717.59%22.77%
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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 20.45% increase from REXR last price ($43.17).

Rexford Industrial Realty Price Target by Period


1M3M12M
# Anlaysts4610
Avg Price Target$51.50$51.67$51.40
Last Closing Price$43.17$43.17$43.17
Upside/Downside19.30%19.69%19.06%

In the current month, the average price target of Rexford Industrial Realty stock is $51.50, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 19.30% increase as opposed to Rexford Industrial Realty's last price of $43.17. This month's average price target is down -0.33% compared to last quarter, and up 0.19% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 21, 2024BMO CapitalMarket PerformMarket PerformHold
Oct 21, 2024Bank of America Securities-PositiveDowngrade
Oct 18, 2024Evercore ISIOutperformOutperformHold
Oct 17, 2024CitigroupNeutralNeutralHold
Oct 04, 2024ScotiabankSector OutperformSector OutperformHold
Aug 28, 2024Evercore ISIOutperformOutperformHold
Aug 26, 2024ScotiabankOutperformOutperformHold
Jul 10, 2024Evercore ISI-OutperformInitialise
May 31, 2024WedbushSector OutperformSector OutperformHold
May 02, 2024Truist FinancialUnderperformUnderperformHold
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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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 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$325.26M$315.70M$306.15M$296.62M$292.59M$280.42M$268.03M$255.48M$244.17M$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$220.32M$216.55M$212.87M$209.26M$329.21M$319.54M$309.87M$300.22M$296.15M$283.83M$271.29M$258.58M$250.90M$236.12M$227.70M$207.39M$214.41M$204.41M$199.31M$186.86M$178.21M$161.69M$152.69M$144.01M$129.38M$113.06M$105.21M$98.91M$89.69M$84.18M
Low Forecast$215.44M$211.76M$208.16M$204.63M$321.92M$312.47M$303.02M$293.58M$289.60M$277.55M$265.29M$252.86M$240.52M$235.49M$227.70M$207.39M$206.31M$199.89M$194.90M$182.73M$174.27M$156.82M$148.09M$139.67M$125.49M$109.65M$102.04M$95.93M$86.99M$81.64M
# Analysts111111111111424454443111222255
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 $194.90M, and a high forecast of $199.31M. 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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111111424454443111222255
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$142.67M$140.24M$137.85M$135.51M$213.19M$206.93M$200.67M$194.42M$191.78M$183.80M$175.68M$167.45M$160.04M$154.56M$149.24M$73.52M$138.66M$132.37M$129.07M$66.84M$86.70M$104.44M$98.63M$60.76M$83.58M$73.03M$67.96M$65.37M$57.94M$54.37M
High Forecast$144.41M$141.94M$139.52M$137.16M$215.78M$209.44M$203.11M$196.78M$194.11M$186.04M$177.82M$169.49M$164.46M$154.77M$149.24M$88.23M$140.53M$133.98M$130.64M$80.20M$104.04M$105.98M$100.08M$72.91M$84.80M$74.10M$68.96M$78.44M$58.79M$55.17M
Low Forecast$141.21M$138.80M$136.44M$134.12M$211.00M$204.81M$198.61M$192.43M$189.82M$181.92M$173.88M$165.74M$157.65M$154.35M$149.24M$58.82M$135.23M$131.02M$127.75M$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 $129.07M, with a high of $130.64M and a low of $127.75M. 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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111111424454443111222255
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$59.53M$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--------$71.23M$69.00M$69.00M$69.00M$60.56M$61.42M$59.60M$43.81M$60.40M$60.01M$57.65M$39.82M$46.85M$48.51M$54.14M$36.20M$33.67M$26.86M$19.63M$31.74M$16.06M$17.13M
Low Forecast--------$69.19M$67.03M$67.03M$67.03M$58.51M$61.23M$59.59M$29.20M$58.27M$58.29M$56.00M$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 $56.00M to $57.65M. 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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111111424454443111222255
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$34.41M$33.40M$32.39M$31.38M$30.96M$29.67M$28.36M$27.03M$25.83M$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$23.31M$22.91M$22.52M$22.14M$34.83M$33.81M$32.79M$31.76M$31.33M$30.03M$28.70M$27.36M$26.55M$24.98M$24.09M$13.89M$22.69M$21.63M$21.09M$12.63M$18.89M$17.11M$16.15M$11.48M$13.69M$11.96M$11.13M$12.71M$9.49M$8.91M
Low Forecast$22.80M$22.41M$22.02M$21.65M$34.06M$33.06M$32.06M$31.06M$30.64M$29.37M$28.07M$26.75M$25.45M$24.92M$24.09M$9.26M$21.83M$21.15M$20.62M$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 $20.62M to $21.09M. 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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111111424454443111222255
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--------$0.33$0.31$0.31$0.31$0.28$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$0.27$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LXPLXP Industrial Trust$9.29$12.5034.55%Buy
PLYMPlymouth Industrial REIT$20.19$25.8027.79%Buy
REXRRexford Industrial Realty$43.17$54.0025.09%Buy
COLDAmericold Realty Trust$25.81$32.2524.95%Buy
TRNOTerreno Realty$60.67$68.6713.19%Buy
EGPEastGroup Properties$170.86$191.0011.79%Buy
FRFirst Industrial Realty Trust$52.59$58.4511.14%Hold

REXR Forecast FAQ


Yes, according to 8 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 50.00% of REXR's total ratings.

Rexford Industrial Realty (REXR) average price target is $54 with a range of $49 to $66, implying a 25.09% from its last price of $43.17. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for REXR stock, the company can go up by 25.09% (from the last price of $43.17 to the average price target of $54), up by 52.88% based on the highest stock price target, and up by 13.50% based on the lowest stock price target.

REXR's highest twelve months analyst stock price target of $66 supports the claim that Rexford Industrial Realty can reach $60 in the near future.

4 Wall Street analysts forecast a $51.5 price target for Rexford Industrial Realty (REXR) this month, up 19.30% from its last price of $43.17. Compared to the last 3 and 12 months, the average price target increased by 19.69% and increased by 19.06%, respectively.

Rexford Industrial Realty's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.24B (high $1.26B, low $1.23B), average EBITDA is $815.2M (high $825.1M, low $806.85M), average net income is $0 (high $0, low $0), average SG&A $131.59M (high $133.19M, low $130.24M), 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 $859M, low $839.99M), average EBITDA is $556.27M (high $563.03M, low $550.57M), average net income is $0 (high $0, low $0), average SG&A $89.8M (high $90.89M, low $88.88M), and average EPS is $0 (high $0, low $0).

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 $350.53M by 18.36%. The company's net income was $128.66M, missing the average estimation of $169.95M by -24.29%. Apple's SG&A was $64.26M, beating the average forecast of $58.09M by 10.63%. 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%