Pulling SEC filings + quote and writing the call…
Pulling SEC filings + quote and writing the call…

Rexford Industrial Realty, Inc.
Next earnings Jul 14, 2026 · consensus $0.30 EPS, $247M rev
Last earnings +0.2% on 2026-04-23
Premier Southern California infill industrial REIT with a fortress balance sheet, but earnings are softening with the SoCal rent cycle and the multiple is full.
Sources: SEC EDGAR (CIK 0001571283, latest 10-Q filed 2026-04-28) · EODHD · analysis by claude-code · as of 6/21/2026, 8:51:58 PM.
Research and education only — not financial advice. Calls are generated from SEC filings and a delayed/third-party price feed, may be wrong or out of date, and are not a recommendation to buy or sell any security. Do your own research.
Middling fundamentals and a rich price (~79% above fair value) leave little margin of safety — a wait-and-see.
Rexford Industrial owns one of the best-positioned industrial real estate portfolios in the country — irreplaceable infill warehouse/logistics assets concentrated in supply-constrained Southern California markets. The cash engine is healthy: operating cash flow grew 13.2% to $542M, and the balance sheet is a genuine standout for a REIT, with liabilities of only 0.45x equity, $3.25B of long-term debt (down 2.8%) and a cash balance that nearly tripled to $166M. Management raised the dividend 12.2% to $397M and repurchased $250M of stock, signaling confidence in the durability of the cash flows.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $468K | $616K | $682K | $611K | $589K |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $128M | $168M | $238M | $274M | $212M |
| Diluted EPS | $0.80 | $0.92 | $1.12 | $1.20 | $0.86 |
| Net margin | 27401.9% | 27205.2% | 34899.7% | 44812.1% | 35998.1% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1 sell · 1 member · last 180d
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
1482 tracked peers · median
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.
Last 90 days: 0 open-market buys · 1 sale
| 2026-06-13 | Nahas John Chief Operating Officer | Tax | 127.00 @ $35.09 | $4.46K |
| 2026-05-19 | Kleiman Angela L. Director | Award | 4.86K | |
| 2026-05-19 | Ingram Diana J Director | Award | 4.86K | |
| 2026-05-19 | ROSE TYLER H Director | Award | 4.86K | |
| 2026-05-19 | MORRIS DEBRA L Director | Award | 4.86K | |
| 2026-05-19 | STOCKERT DAVID P Director | Award | 4.86K | |
| 2026-05-19 | ANTIN ROBERT L Director | Award | 4.86K | |
| 2026-04-28 | Lanzer David E. General Counsel & Secretary | Sell | 33.3K @ $35.47 | $1.18M |
| 2026-04-24 | Lanzer David E. General Counsel & Secretary | Acquired (C) | 33.3K |