Added to YB: 2025-10-17
Pitch date: 2025-10-15
REXR [bullish]
Rexford Industrial Realty, Inc.
-4.9%
current return
Author Info
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Company Info
Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation over the long term.
Market Cap
$9.5B
Pitch Price
$43.25
Price Target
52.00 (+26%)
Dividend
4.20%
EV/EBITDA
19.60
P/E
28.76
EV/Sales
13.08
Sector
Industrial REITs
Category
special_situation
Rexford Industrial: The Next Buyout Target?
REXR: Elliott Management took major stake, likely pushing for aggressive asset sales + buybacks vs buyout given $20B size. Trading high-5s cap rate vs mid-4s private market. 25% LTV allows leverage for more buybacks. $100M YTD buybacks need 5-10x increase. Strong Buy, $52 target.
Read full article (3 min)