Rexford Industrial Realty Inc Stock News

American Assets Investment Management LLC purchased a new position in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,931 shares of the real estate investment trusts stock, valued at approximately $223,000. Several other hedge funds have []

Rexford Industrial Realty, Inc. (NYSE:REXR) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 6,490,000 shares, an increase of 18.2% from the October 31st total of 5,490,000 shares. Based on an average trading volume of 1,010,000 shares, the short-interest ratio []

Rexford Industrial Realty, Inc. (NYSE:REXR) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 6,490,000 shares, a growth of 18.2% from the October 31st total of 5,490,000 shares. Based on an average trading volume of 1,010,000 shares, the short-interest ratio []

Brokerages expect Rexford Industrial Realty, Inc. (NYSE:REXR) to post $0.43 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have made estimates for Rexford Industrial Realtys earnings, with the lowest EPS estimate coming in at $0.41 and the highest estimate coming in at $0.44. Rexford Industrial Realty reported earnings of $0.34 []

FNY Investment Advisers LLC acquired a new position in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,142 shares of the real estate investment trusts stock, valued at approximately $64,000. Other institutional investors and hedge funds have also modified []

The company paid $48.5 million for a property in Cerritos, Calif., amid the acquisition of four other value-add assets in the Los Angeles and Inland Empire areas. The post Rexford Industrial Expands Greater LA Portfolio appeared first on Commercial Property Executive .

Man Group plc bought a new stake in Rexford Industrial Realty, Inc. (NYSE:REXR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,900 shares of the real estate investment trusts stock, valued at approximately $222,000. A number of other institutional investors and hedge funds []

The acquisitions of industrial properties in the prime in-fill Southern California markets will help Rexford (REXR) benefit from the healthy market fundamentals.

Equities research analysts forecast that Rexford Industrial Realty, Inc. (NYSE:REXR) will announce sales of $124.72 million for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Rexford Industrial Realtys earnings, with the highest sales estimate coming in at $125.80 million and the lowest estimate coming in at $123.63 million. Rexford Industrial []

LOS ANGELES , Nov. 22, 2021 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR ), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets, today announced the acquisition of five industrial properties for an aggregate purchase price of $125.9 million. The company also announced the disposition of one property for $11 .7 million. The acquisitions were funded using a combination of 1031 disposition proceeds and cash on hand. "These investments demonstrate Rexford''s ability to leverage our value-add expertise and proprietary access to the nation''s strongest and most highly-valued industrial market to generate substantially above-market cash yields and return on investment," said Howard Schwimmer and Michael Frankel , Co-Chief Executive Officers of the Company. "Our $1.4 billion of investments completed year-to-date within infill Southern California are indicative of Rexford''s growth opportunity as we deepen our market penetration within the nation''s highest-barrier industrial market.

LPL Financial LLC lowered its position in Rexford Industrial Realty, Inc. (NYSE:REXR) by 49.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,671 shares of the real estate investment trusts stock after selling 3,632 shares during the quarter. LPL Financial []

Brokerages predict that Rexford Industrial Realty, Inc. (NYSE:REXR) will report earnings of $0.43 per share for the current quarter, Zacks reports. Two analysts have issued estimates for Rexford Industrial Realtys earnings, with estimates ranging from $0.41 to $0.44. Rexford Industrial Realty reported earnings per share of $0.34 during the same quarter last year, which indicates []

Rexford Realty: Pricing Power Others Only Dream Of

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