Key Takeaways:
- Rexford Industrial Realty executed 2.4 million square feet of leases with substantial rent spreads in Q1 2025.
- Analysts' average price target suggests a 28.70% upside potential for REXR.
- GuruFocus estimates a 104.82% upside based on its GF Value calculation.
Rexford Industrial Realty (REXR, Financial) is making waves with its impressive leasing activities and financial performance. In the first quarter of 2025, the company executed leases for 2.4 million square feet, boasting net effective rent spreads of 24% and cash spreads of 15%. As a result, Rexford's Core Funds from Operations (Core FFO) saw a 7% growth, increasing to $0.62 per share. The management remains confident and maintains its annual Core FFO guidance.
Wall Street Analysts Forecast
According to 16 analysts, the average one-year price target for Rexford Industrial Realty Inc (REXR, Financial) stands at $42.19. The price targets range from a high of $50.00 to a low of $35.00. The average target price implies a potential upside of 28.70% from the current price of $32.78. Investors can access more detailed estimate data on the Rexford Industrial Realty Inc (REXR) Forecast page.
The consensus recommendation from 17 brokerage firms rates Rexford Industrial Realty Inc (REXR, Financial) at 2.5, indicating an "Outperform" status. This rating scale ranges from 1 to 5, where 1 signifies a Strong Buy, and 5 denotes a Sell recommendation.
GuruFocus Valuation Insight
Furthermore, GuruFocus estimates highlight a compelling opportunity in Rexford Industrial Realty Inc's (REXR, Financial) stock. The estimated GF Value for REXR in one year is $67.14, suggesting a substantial upside of 104.82% from the current price of $32.78. This GF Value reflects the fair value estimation based on the stock's historical trading multiples, past business growth, and projected future performance. Investors seeking deeper insights can visit the Rexford Industrial Realty Inc (REXR) Summary page for more detailed data.
