Rexford Industrial Realty, Inc. (NYSE: REXR) is a leading real estate investment trust (REIT) specializing in owning, operating, and acquiring industrial properties in Southern California, one of the nation’s most in-demand and supply-constrained industrial real estate markets.
Key Takeaways:
- The industrial real estate sector is expected to remain robust, driven by e-commerce and supply chain optimization
- Long-term investors may find REXR an attractive option for portfolio growth and dividend income
- Factors such as market conditions, economic cycles, and industry trends will influence stock performance
Overview of Rexford Industrial Realty, Inc.
Rexford Industrial Realty, Inc. (NYSE: REXR) was founded by Richard S. Ziman on January 18, 2013. The company focuses on acquiring and operating industrial properties in Southern California market, driven by the region’s significant demand for logistics and distribution space.
Since its founding, Rexford has gone public on the New York Stock Exchange, allowing it to rapidly expand its portfolio. Today, the company owns over 40 million square feet of industrial real estate, making it a leading player in the Southern California industrial property sector.
Rexford Industrial Realty, Inc. Company Profile
| Country | United States |
| Ticker Symbol | REXR |
| Exchange | NYSE |
| Founded | 2013 |
| IPO Date | 2013 |
| Industry | Real Estate Investment Trust (REIT) |
| Sector | Real Estate |
| Employees | 242 |
| CEO | Howard Schwimmer and Michael S. Frankel (Co-CEO) |
| Market Cap (September 16, 2024) | $11.19 billion |
| Website | rexfordindustrial |
Rexford Industrial Realty, Inc. (REXR) Balance Sheet Analysis
Rexford Industrial Realty, Inc. (NYSE: REXR) reported a strong financial position for 2023, with total assets reaching $10.93 billion, up from $9.26 billion in 2022.
The company’s total equity stood at $8.14 billion, with common stock equity at $7.61 billion. Total liabilities were $2.79 billion, indicating a solid equity-to-asset ratio of 74.5%.
Rexford’s debt profile showed total debt of $2.23 billion and net debt of $2.19 billion. The company’s tangible book value was $7.45 billion.
With 212.35 million ordinary shares outstanding, Rexford demonstrated significant growth in its balance sheet, positioning itself well in the industrial real estate sector for future expansion.
Balance Sheet Data Source: finance.yahoo
Rexford Industrial Realty, Inc. Stock Price History
Rexford Industrial Realty, Inc. (NYSE: REXR) had its IPO in the year 2013. Rexford Industrial Realty, Inc. (NYSE: REXR) reached its all-time high stock price of $84.68 on April 20, 2022.
As of September 13, 2024, the stock price stands at $50.59.
REXR Stock Price Forecast 2024
For the remainder of 2024, we anticipate Rexford Industrial Realty’s stock to show moderate growth. The industrial real estate market is expected to remain strong, driven by continued e-commerce expansion and the need for efficient supply chain solutions. Rexford’s strategic acquisitions in key Southern California markets are likely to contribute to its growth potential.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $44.50 | $55.65 | $66.78 |
We project a potential growth of 10% by the end of 2024, with the average price reaching $55.65.
REXR Stock Price Forecast 2025
In 2025, we expect REXR to continue its upward trend, benefiting from the company’s strategic acquisitions and the ongoing demand for industrial space. The company’s focus on infill markets and value-add opportunities is expected to drive portfolio growth and enhance shareholder value.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $53.35 | $62.33 | $77.91 |
Our forecast suggests a growth of 12% from the 2024 average, with the average price hitting $62.33.
REXR Stock Price Forecast 2026
The year 2026 is projected to bring further gains for REXR stockholders as the company expands its portfolio and optimizes its operations. Rexford’s expertise in repositioning and redeveloping properties is likely to create additional value in its core markets.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $59.21 | $70.43 | $91.56 |
We anticipate a growth of 13% from the 2025 average, reaching an average price of $70.43.
REXR Stock Price Forecast 2027
As we move into 2027, Rexford Industrial Realty is expected to continue leveraging its strong market position and capitalizing on the growing demand for industrial properties. The company’s focus on environmentally sustainable development may also contribute to its appeal among investors.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $65.73 | $79.59 | $103.47 |
Our analysis points to a growth of 13% from the 2026 average, with the average price climbing to $79.59.
REXR Stock Price Forecast 2028
In 2028, we foresee REXR maintaining its growth momentum, supported by its strategic focus on high-value markets and operational excellence. The company’s investment in technology-driven property management solutions may enhance operational efficiency and tenant satisfaction.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $73.62 | $90.74 | $117.96 |
We project a growth of 14% from the 2027 average, reaching an average price of $90.74.
REXR Stock Price Forecast 2029
The year 2029 is expected to bring continued success for Rexford Industrial Realty, with the company potentially expanding its market presence and enhancing its property portfolio. Rexford’s ability to identify and execute on off-market transactions may provide a competitive edge in acquiring prime assets.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $82.45 | $103.44 | $134.47 |
Our forecast indicates a growth of 14% from the 2028 average, with the average price rising to $103.44.
REXR Stock Price Forecast 2030
As we enter a new decade, REXR is projected to maintain its strong performance, benefiting from long-term trends in e-commerce and supply chain optimization. The company’s focus on last-mile distribution facilities may prove particularly valuable as urban logistics continue to evolve. For investors interested in diversifying their REIT portfolio, consider exploring the Regency Centers stock forecast, another player in the real estate sector.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $92.34 | $117.92 | $153.30 |
We anticipate a growth of 14% from the 2029 average, reaching an average price of $117.92.
REXR Stock Price Forecast 2031
In 2031, Rexford Industrial Realty is expected to continue its upward trajectory, potentially exploring new growth opportunities and enhancing its market position. The company’s expertise in the Southern California market may allow it to capitalize on regional economic growth and urbanization trends.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $103.42 | $134.43 | $174.76 |
Our analysis suggests a growth of 14% from the 2030 average, with the average price climbing to $134.43.
REXR Stock Price Forecast 2032
The year 2032 is projected to bring further gains for REXR stockholders as the company continues to execute its strategic vision and capitalize on market opportunities. Rexford’s focus on value-add strategies and property upgrades may contribute to increased rental income and asset appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $115.83 | $153.25 | $199.23 |
We forecast a growth of 14% from the 2031 average, reaching an average price of $153.25.
REXR Stock Price Forecast 2033
As we move into 2033, Rexford Industrial Realty is expected to maintain its growth momentum, supported by its strong market presence and operational efficiency. The company’s commitment to sustainability and green building practices may resonate with environmentally conscious investors and tenants.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $129.73 | $174.70 | $227.11 |
Our projection indicates a growth of 14% from the 2032 average, with the average price rising to $174.70.
REXR Stock Price Forecast 2034
In 2034, we anticipate REXR to continue its upward trend, potentially benefiting from technological advancements and evolving industrial real estate trends. Rexford’s investment in smart building technologies and data-driven asset management may enhance its competitive position.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $145.30 | $199.16 | $258.91 |
We expect a growth of 14% from the 2033 average, reaching an average price of $199.16.
REXR Stock Price Forecast 2035
The year 2035 is projected to bring continued success for Rexford Industrial Realty, with the company potentially expanding its portfolio and exploring new market segments. The integration of automation and robotics in industrial facilities may create new opportunities for property development and repositioning. While REXR focuses on industrial properties, those looking at other real estate segments might want to review the Weyerhaeuser stock prediction, which specializes in timberlands.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $162.73 | $227.04 | $295.15 |
Our analysis points to a growth of 14% from the 2034 average, with the average price climbing to $227.04.
REXR Stock Price Forecast 2036
As we move further into the future, REXR is expected to maintain its strong performance, capitalizing on long-term trends in industrial real estate and logistics. The company’s ability to adapt to changing consumer behaviors and supply chain dynamics may drive continued growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $182.26 | $258.82 | $336.47 |
We anticipate a growth of 14% from the 2035 average, reaching an average price of $258.82.
REXR Stock Price Forecast 2037
In 2037, Rexford Industrial Realty is projected to continue its growth trajectory, potentially benefiting from innovations in property management and sustainable development practices. The company’s focus on energy-efficient buildings and renewable energy integration may appeal to environmentally conscious tenants and investors.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $204.13 | $295.06 | $383.58 |
Our forecast suggests a growth of 14% from the 2036 average, with the average price rising to $295.06.
REXR Stock Price Forecast 2038
The year 2038 is expected to bring further gains for REXR stockholders as the company continues to adapt to changing market dynamics and customer needs. Rexford’s expertise in urban infill markets may become increasingly valuable as cities continue to densify and evolve.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $228.63 | $336.37 | $437.28 |
We project a growth of 14% from the 2037 average, reaching an average price of $336.37.
REXR Stock Price Forecast 2039
As we approach the end of the 2030s, Rexford Industrial Realty is anticipated to maintain its strong market position and continue delivering value to its shareholders. The company’s long-term relationships with tenants and its reputation for quality properties may contribute to stable occupancy rates and rental growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $256.07 | $383.46 | $498.50 |
Our analysis indicates a growth of 14% from the 2038 average, with the average price climbing to $383.46.
REXR Stock Price Forecast 2040
In 2040, we expect REXR to continue its upward trend, potentially benefiting from advancements in technology and evolving industrial real estate trends. The integration of artificial intelligence and machine learning in property management may further enhance operational efficiency and asset performance. As the real estate sector continues to evolve, investors may also want to consider tech-adjacent companies. For a different sector perspective, check out the Broadcom stock forecast, a leader in the semiconductor industry.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $286.80 | $437.14 | $568.28 |
We forecast a growth of 14% from the 2039 average, reaching an average price of $437.14.
REXR Stock Price Forecast 2050
Looking ahead to 2050, we project significant long-term growth for Rexford Industrial Realty, reflecting the company’s potential to adapt and thrive in an evolving real estate landscape. The company’s focus on innovation, sustainability, and strategic market positioning may contribute to its continued success in the industrial real estate sector.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $1846.15 | $2400.00 | $3120.00 |
Our long-term forecast suggests substantial growth, with the average price reaching $2400.00 by 2050. This represents a remarkable increase from the 2040 levels, reflecting the potential for continued expansion and value creation over the decades.
Conclusion
Our comprehensive analysis of Rexford Industrial Realty’s stock price forecast from 2024 to 2050 paints a picture of steady and significant growth. We project the stock to reach an average price of $2400.00 by 2050, representing a substantial increase over the 26-year period.
This growth forecast is based on several factors, including:
- The continued strength of the industrial real estate sector
- Rexford Industrial Realty’s strategic focus on high-value markets
- The company’s potential for portfolio expansion and operational improvements
- Long-term trends in e-commerce and supply chain optimization
FAQs
1. What is the future of REXR share price?
Based on our analysis, the future of Rexford Industrial Realty (REXR) share price appears promising. We project steady growth from 2024 to 2050, with the stock price potentially reaching an average of $2400.00 by 2050. This represents a significant increase from the September 2024 price of $50.59. The growth is expected to be driven by factors such as the company’s strategic focus on high-value Southern California markets, ongoing demand for industrial real estate, and potential for portfolio expansion and operational improvements.
2. Is REXR a good long-term stock?
REXR shows strong potential as a long-term investment. The company’s specialization in industrial properties in Southern California’s infill markets positions it well to capitalize on the growing e-commerce and logistics trends. Our forecast suggests consistent year-over-year growth, with annual increases ranging from 10% to 15%. Additionally, as a Real Estate Investment Trust (REIT), REXR is required to distribute a significant portion of its taxable income as dividends, which could provide steady income for long-term investors alongside potential capital appreciation.
3. What is the REXR 10 year outlook?
The 10-year outlook for REXR appears robust. From 2024 to 2034, we project the stock price to grow from an average of $55.65 to $199.16. This represents a cumulative growth of approximately 258% over the decade. Key factors contributing to this outlook include the company’s strategic acquisitions, focus on value-add opportunities, and the continued strength of the industrial real estate sector. REXR’s expertise in repositioning and redeveloping properties in prime markets is expected to drive portfolio growth and enhance shareholder value over this period.
4. Is REXR a buy, hold, or sell?
Based on our analysis and long-term projections, REXR could be considered a “buy” or “hold” for investors with a long-term perspective. The consistent growth projections, the company’s strong market position, and the potential for both capital appreciation and dividend income make it an attractive option.
5. Who are the major competitors of REXR?
Rexford Industrial Realty faces competition from several other industrial REITs and real estate companies:
- Prologis, Inc. (NYSE: PLD): Prologis is the largest global industrial REIT, specializing in logistics facilities and warehouses across key global markets.
- Duke Realty Corporation (NYSE: DRE): Duke Realty focuses on logistics and industrial properties, primarily located in major U.S. distribution hubs and population centers.
- Terreno Realty Corporation (NYSE: TRNO): Terreno acquires, owns, and operates industrial real estate in six major coastal U.S. markets, catering to last-mile logistics.
- EastGroup Properties, Inc. (NYSE: EGP): EastGroup Properties specializes in the development and management of business distribution facilities in Sunbelt markets across the U.S.
- Liberty Property Trust (formerly NYSE: LPT): Liberty Property Trust was a leading REIT focusing on industrial and office properties before its acquisition by Prologis in 2020.
- STAG Industrial, Inc. (NYSE: STAG): STAG Industrial focuses on single-tenant industrial properties across diverse markets in the U.S., catering to various industries.
- First Industrial Realty Trust, Inc. (NYSE: FR): First Industrial develops and owns logistics and light industrial real estate across the U.S., focusing on major population hubs.
- Americold Realty Trust (NYSE: COLD): Americold specializes in temperature-controlled warehouses, serving industries like food and pharmaceuticals with extensive logistics needs.
- Innovative Industrial Properties, Inc. (NYSE: IIPR): IIPR focuses on acquiring and leasing industrial properties to licensed operators in the regulated cannabis industry in the U.S.
- Tritax Big Box REIT (LON: BBOX): Tritax Big Box is a U.K.-based REIT investing in logistics warehouses, particularly focused on large-scale distribution centers.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
