4 stories mentioning REXRUpdated 35d ago
Every FINWIRES story that references REXR, newest first.
David E. Lanzer, General Counsel & Secretary, on April 24, 2026, sold 33,299 shares in Rexford Industrial Realty (REXR) for $1,181,232.SEC Filing:https://www.sec.gov/Archives/edgar/data/1571283/000167077926000004/xslF345X05/wk-form4_1777421159.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price by $4 to $41, applying a forward P/FFO multiple of 17.1x on our 2026 FFO estimate, a discount to its 19.2x three-year forward average. We leave our 2026 FFO/share estimate unchanged at $2.40 but lower 2027's by $0.07 to $2.47. Negative re-leasing spreads remain our base case for 2026, but we believe infill properties in Southern California have structural barriers preventing new supply from coming online. Leasing rose 70% Y/Y in Q1 and we expect re-leasing spreads at 6%-9% in 2027, supported by a lack of new supply and higher occupancy rates. REXR's current capital recycling strategy, aimed at selling sub-4% cap rate properties and either repurchasing shares or redeveloping properties, should lift total portfolio returns higher next year. We note demand in Southern California remains strongest for spaces under 50K sq ft, which are REXR's core focus, and believe increased advanced manufacturer demand in the San Fernando Valley and South Bay markets could accelerate this year.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:REXR reported Q1 revenue of $245M (-2.9% Y/Y), $2M ahead of consensus, while Q1 Core FFO of $0.61 per share (-1.6% Y/Y) beat expectations by $0.02. Q1 headline metrics were significantly influenced by a strategic Tireco lease renewal covering 1.1M sqft extended through April 2030, which secured a major tenant relationship but resulted in negative rent spreads that masked underlying market improvements. Management increased FY 2026 FFO guidance by $0.02 to $2.37-$2.42 per share, though this increase was entirely attributable to Q1 share repurchase activity rather than operational improvements. Excluding the Tireco renewal, net effective rent change would have been a positive 5.5% rather than the reported -10.0%, indicating the broader portfolio continues achieving rental growth despite current market headwinds. We note that Q1 is typically a weaker re-leasing period, and the underlying +5.5% spread demonstrates portfolio strength even as it represents a sequential decline from prior quarters.
Rexford Industrial Realty (REXR) has an average rating of overweight and mean price target of $41.19, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)