(REXR) Rexford Industrial Realty - Ratings and Ratios

Rexford Industrial Realty Inc. specializes in the acquisition, operation, and redevelopment of industrial properties in infill Southern California, a region renowned for its status as a logistics hub due to its proximity to major ports like Long Beach and Los Angeles. This area is crucial for e-commerce, driven by the boom in online shopping, which has surged the demand for last-mile delivery facilities. The companys strategic focus on this high-demand, low-supply market is bolstered by the scarcity of land and stringent zoning laws, which hinder new construction and elevate the value of existing properties.

Rexford Industrials portfolio comprises 424 properties, totaling approximately 50.3 million rentable square feet, leased to a diverse tenant base that mitigates risk by avoiding over-reliance on any single industry. Their strategy involves acquiring underutilized assets and redeveloping them to meet the modern needs of e-commerce and logistics, thereby enhancing value. As a REIT listed on the NYSE under ticker REXR, Rexford Industrial is part of the S&P MidCap 400 Index, reflecting its significant market presence.

Based on technical and fundamental data, Rexford Industrials stock is currently trading below its SMA 20, 50, and 200, indicating a bearish trend. However, the high P/E ratio suggests market expectations for future growth. The ATR of 1.46 signals moderate volatility, while the P/B ratio of 0.89 may attract value investors, indicating potential undervaluation relative to book value.