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Rexford Industrial Realty (NYSE:REXR) 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.
It is set to report its Q1 2025 earnings on April 16. Wall Street analysts expect the company to post EPS of $0.61, up from $0.58 in the year-ago period. According to Benzinga Pro, quarterly revenue is expected to reach $245.65 million, up from $210.99 million a year earlier.
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The company's stock traded at approximately $15.97 per share 10 years ago. If you had invested $10,000, you could have bought roughly 626 shares. Currently, shares trade at $38.79, meaning your investment's value could have grown to $24,289 from stock price appreciation alone. However, Rexford Industrial Realty also paid dividends during these 10 years.
Rexford Industrial Realty's dividend yield is currently 4.43%. Over the last 10 years, it has paid about $9.71 in dividends per share, which means you could have made $6,080 from dividends alone.
Summing up $24,289 and $6,080, we end up with the final value of your investment, which is $30,369. This is how much you could have made if you had invested $10,000 in Rexford Industrial Realty stock 10 years ago. This means a total return of 203.69%. In comparison, the S&P 500 total return for the same period is 200.86%.
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Rexford Industrial Realty has a consensus rating of "Neutral" and a price target of $50.93 based on the ratings of 14 analysts. The price target implies more than 31% potential upside from the current stock price.
On Feb. 5, the company announced its Q4 2024 earnings, posting FFO of $0.58, in line with expectations, and revenues of $239.74 million, missing the consensus estimate of $243.37 million, as reported by Benzinga.
“Rexford Industrial delivered solid fourth quarter and full year operating results, underscoring the strength and resilience of our differentiated business model,” said Michael Frankel and Howard Schwimmer, co-chief executive officers of the company. “Looking ahead, we remain focused on unlocking our substantial embedded NOI growth opportunities to support sustainable earnings growth over the near and long term.”
For full-year 2025, the company expects core FFO per diluted share in the range of $2.37 to $2.41.
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Check out this article by Benzinga for six analysts' insights on Rexford Industrial Realty.
Given the historical stock price appreciation and expected upside potential, growth-focused investors may find Rexford Industrial Realty stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 4.43% and consistent hikes. Rexford Industrial Realty has raised its dividend consecutively for the last 12 years.
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This article If You Invested $10K In Rexford Industrial Realty Stock 10 Years Ago, How Much Would You Have Now? originally appeared on Benzinga.com
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