Capital One Financial Evaluates Rexford Industrial Realty,’s FY2022 Earnings

December 19, 2022

Categories: Earnings ReportTags: , , Views: 233

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Rexford Industrial Realty ($NYSE:REXR), Inc. (REXFORD) is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership, and operation of industrial properties throughout the United States. REXFORD focuses on acquiring high-quality industrial assets that offer strong risk-adjusted returns for its investors. Recently, Capital One Financial has announced that it will be evaluating Rexford Industrial Realty, Inc.’s fiscal year 2022 earnings. Capital One Financial is an American multinational banking and financial services company that offers various financial products and services such as banking, credit cards, loans, investments, and wealth management. Capital One Financial is known to provide insightful evaluations and analysis of companies and their stock performance.

This evaluation will provide investors with greater clarity into REXFORD’s future prospects and help them to make more informed decisions. The results of Capital One Financial’s evaluation of Rexford Industrial Realty, Inc.’s fiscal year 2022 earnings will be closely watched by investors, analysts, and other stakeholders. An optimistic outlook from Capital One Financial could have a positive effect on REXFORD’s stock price and investor confidence. On the other hand, a negative outlook could cause REXFORD’s stock to decline in value.

Earnings

This was an increase of 10% from the same period of FY2021, with contributions from all the company’s segments, including industrial, office and retail. Rexford Industrial Realty showed positive growth in the third quarter of FY2022, with both revenue and net income increasing significantly over the same period of the previous year. Its balance sheet also remained strong, with cash and cash equivalents increasing from the previous quarter. The company’s dividend payment was also a sign of its financial strength and stability.

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Key Ratios Snapshot

    Some of the financial key ratios for REXR are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    34.8%
    FCF Margin ROE ROA
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Price History

    On Friday, Rexford Industrial Realty, Inc. (REXFORD) stock opened at $54.5 and closed at $53.8, down by 3.1% from its last closing price of $55.5. This came as Capital One Financial Corporation announced that they are evaluating REXFORD’s FY2022 earnings. REXFORD is a real estate investment trust that primarily focuses on acquiring, owning and operating industrial properties located in Southern California and Northern California markets. Their primary objectives are to generate attractive risk-adjusted returns on invested capital and to pay out a majority of the annual taxable income through dividends to their shareholders. The company has a strong presence in the area, owning over 10% of the industrial real estate market in both Southern California and Northern California.

    The company’s strong balance sheet and efficient operations have enabled them to achieve this performance. Given their strong track record and their focus on the industrial real estate market, it is not surprising that Capital One Financial Corporation is evaluating REXFORD’s FY2022 earnings. Investors should keep a close eye on the company’s performance in the coming months, as this could have a significant impact on the stock price. Live Quote…



    VI Analysis

    Investors looking for consistent and sustainable dividends may find REXFORD INDUSTRIAL REALTY attractive, as it has been classified as a ‘cow’ in the VI Star Chart. The company has a high health score of 10/10, indicating its ability to safely ride out any crisis without the risk of bankruptcy. It is also strong in asset, dividend, growth and moderately proficient in profitability. The company’s fundamentals reflect its long term potential, as seen through the VI app’s analysis. REXFORD INDUSTRIAL REALTY has a strong balance sheet, low debt and ample cashflows which are all positive indicators. In addition, the company has a strong track record of paying out dividends in a consistent and sustainable manner. REXFORD INDUSTRIAL REALTY is an ideal stock for investors who are looking for consistent and reliable dividends over the long term. The company’s strong fundamentals and low debt means it can weather any storms and still maintain its dividend payments. Furthermore, its strong assets, dividend and growth prospects make it an attractive long-term investment opportunity. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis


  • VI Peers

    Rexford Industrial Real Estate Trust is a real estate investment trust focused on the ownership of industrial properties in the United States. The company’s competitors include FIBRA Macquarie, First Industrial Realty Trust Inc, and Orix Jreit Inc.

    – FIBRA Macquarie ($OTCPK:DBMBF)

    FIBRA Macquarie is a Mexican real estate investment trust (REIT) that invests in income-producing real estate, primarily industrial properties, in Mexico. As of December 31, 2020, the company’s portfolio consisted of 106 properties with a total gross leasable area of approximately 16.6 million square feet. FIBRA Macquarie is the largest industrial REIT in Mexico and is one of the largest REITs in Latin America.

    – First Industrial Realty Trust Inc ($NYSE:FR)

    First Industrial Realty Trust is a real estate investment trust that owns and operates industrial properties. The company has a market cap of $5.82 billion as of 2022. First Industrial Realty Trust’s portfolio consists of over 1,800 properties, totaling approximately 140 million square feet of space. The company’s properties are located in 26 states and Canada, and are leased to over 2,200 customers. First Industrial Realty Trust is headquartered in Chicago, Illinois.

    – Orix Jreit Inc ($TSE:8954)

    Orix Jreit Inc is a Japanese real estate investment trust that was founded in 2002. The company invests in a variety of real estate assets, including office buildings, retail properties, and warehouses. As of March 31, 2021, Orix Jreit’s portfolio consisted of 222 properties with a total value of approximately JPY 1.8 trillion. The company is headquartered in Tokyo and its shares are listed on the Tokyo Stock Exchange.

    Summary

    Investing in Rexford Industrial Realty, Inc. (REXF) can be a great way to gain exposure to the commercial real estate market. The company is focused on the acquisition, ownership and operation of industrial properties located in Southern California and the greater Phoenix area. REXF’s stock price has been relatively stable over the last few years and the company has a strong balance sheet with low debt levels. The company also has a strong management team with extensive experience in the real estate sector. Overall, REXF looks like a strong investment option for those looking to invest in the commercial real estate market.

    The company’s diversified portfolio, consistent dividend payments, and solid balance sheet make it an attractive option for long-term investors. Investors should also be aware of the risks associated with investing in REITs, including economic conditions and changes in interest rates. Therefore, investors should perform their own research and carefully consider their individual financial situation before investing in REXF.

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