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REXR

Rexford Industrial RealtyC
NYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
Quote time unavailable
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Current thesis
Higher 2026 Core FFO guidance, stronger ending occupancy, asset sales, repurchases and debt reduction could support a rerating if cash rents and same-property NOI stabilize. [#SEC-8K-2026-10-22]
Posture
Mixed
Lead driver
Value
What changed
2 setup hits (3d) with net bullish as of 2026-10-25.
What can break
Comparable cash leasing spreads were negative 3.0% despite positive net-effective spreads, delaying conversion of leasing activity into cash growth. [#SEC-8K-2026-10-22]
Momentum
70
Value
57
Sentiment
46
Setup hits (3d)
2 · Net Bullish
AI TargetsBase $37.00 · Bull $42.00 · Bear $31.00Analysis 2026-10-23; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-23 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-10-23

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions

Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Bullish
Target $40.38
Why
Momentum70 · Δ7d -12.0
Value57 · Δ7d -
Sentiment46 · Δ7d -
So what
Balanced signals (Net Bullish). Wait for confirmation before sizing up.

Confirming evidence

  • • 2 setup hits (3d) with net bullish as of 2026-10-25.
  • • Value remains the lead driver in the composite.

Contradictions & invalidation

  • • Comparable cash leasing spreads were negative 3.0% despite positive net-effective spreads, delaying conversion of leasing activity into cash growth. [#SEC-8K-2026-10-22]
  • • Q3 same-property NOI fell 2.6% and cash NOI fell 1.1% year over year; management cited rent compression, occupancy, rent abatement and bad debt. [#SEC-8K-2026-10-22]
  • • The guidance raise does not erase Q3 same-property NOI contraction, negative cash leasing spreads or $71.8 million of quarterly impairments.

Catalyst clock

2026-10-23

Q3 guidance raise meets a weak same-property quarter

Lead driver: Value · See fundamentals
Momentum
70
8% active weight
Current posture
7d trendSoftening
Δ7d
-12.0
Δ21d
-15.2
Value
57
47% active weight
Current posture
7d trendFlat
Δ7d
-
Δ21d
-
Sentiment
46
45% active weight
Current posture
7d trendImproving
Δ7d
-
Δ21d
-
Why this grade

Composite grade C. Momentum 70.5 / Value 57.3 / Sentiment 46.3

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-23. Scenario method

B+
Bull case
25%
Probability
Target price
$42.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$37.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$31.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$8.63B
Beta
1.24
Shares Out
222.99M
P/E (TTM)
27.5
P/S (TTM)
9.10
P/FCF (TTM) · Derived
-48.93
Rev YoY
-1.1%
EPS YoY
-571.4%
Gross Margin
+45.9%
Op Margin
+39.4%
Net Debt
$3.21B
Current Ratio
1.49
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data