Rexford Industrial Realty (NYSE:REXR) Downgraded by Wall Street Zen to “Strong Sell”

Posted by George Bondi on Aug 2nd, 2026

Wall Street Zen downgraded shares of Rexford Industrial Realty (NYSE:REXR – Free Report) from a sell rating to a strong sell rating in a research report released on Saturday.

Several other analysts also recently weighed in on the stock. Mizuho dropped their target price on shares of Rexford Industrial Realty from $38.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Scotiabank raised Rexford Industrial Realty from a “sector perform” rating to a “sector outperform” rating and dropped their price objective for the company from $38.00 to $36.00 in a research note on Thursday, June 18th. Zacks Research upgraded Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Citigroup reissued a “neutral” rating on shares of Rexford Industrial Realty in a research note on Wednesday. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Rexford Industrial Realty in a report on Monday, July 27th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $40.38.

Get Our Latest Stock Report on REXR

Rexford Industrial Realty Trading Down 1.4%

Shares of REXR stock opened at $37.84 on Friday. Rexford Industrial Realty has a 1-year low of $32.14 and a 1-year high of $44.38. The firm has a market cap of $8.44 billion, a PE ratio of -20.91, a price-to-earnings-growth ratio of 1.57 and a beta of 1.21. The company has a 50-day moving average of $35.20 and a two-hundred day moving average of $36.09. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.70 and a quick ratio of 1.50.

Rexford Industrial Realty (NYSE:REXR – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported ($2.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($2.86). The company had revenue of $243.00 million during the quarter, compared to analysts’ expectations of $240.24 million. Rexford Industrial Realty had a negative net margin of 39.22% and a negative return on equity of 4.61%. Rexford Industrial Realty’s revenue was down 1.6% on a year-over-year basis. During the same period last year, the firm posted $0.59 earnings per share. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. On average, analysts predict that Rexford Industrial Realty will post 2.41 EPS for the current year.

Rexford Industrial Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.435 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.74 dividend on an annualized basis and a yield of 4.6%. Rexford Industrial Realty’s dividend payout ratio is -96.13%.

Hedge Funds Weigh In On Rexford Industrial Realty

Institutional investors have recently modified their holdings of the business. Soroban Capital Partners LP lifted its stake in Rexford Industrial Realty by 57.2% in the second quarter. Soroban Capital Partners LP now owns 9,191,038 shares of the real estate investment trust’s stock worth $326,925,000 after acquiring an additional 3,344,677 shares during the last quarter. Royal London Asset Management Ltd. purchased a new stake in shares of Rexford Industrial Realty in the 2nd quarter valued at approximately $91,671,000. Norges Bank purchased a new stake in shares of Rexford Industrial Realty in the 4th quarter valued at approximately $73,777,000. Principal Financial Group Inc. raised its holdings in shares of Rexford Industrial Realty by 19.5% in the 4th quarter. Principal Financial Group Inc. now owns 11,518,739 shares of the real estate investment trust’s stock valued at $446,006,000 after purchasing an additional 1,881,905 shares in the last quarter. Finally, Cibc World Markets Corp acquired a new stake in shares of Rexford Industrial Realty in the 4th quarter valued at $44,853,000. Institutional investors and hedge funds own 99.52% of the company’s stock.

About Rexford Industrial Realty

(Get Free Report)

Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.

Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.