$REXR

Rexford Industrial (REXR) reported Q3 2026 earnings with net income of $14.6M, down from $87.1M YoY. Core FFO per share was $0.60, unchanged. The company sold $1.3B in properties and repurchased $408.7M in shares. Occupancy rose to 96.9%. Management raised 2026 Core FFO guidance.

Industrial and logistics REITs report strong demand and occupancy rates. Prologis (PLD) reported Q3 Core FFO of $1.60, revenue of $2.39B, and 95.1% occupancy. First Industrial (FR) raised its dividend 12.4%, with 94.9% occupancy. EastGroup (EGP) increased payout 12.9%, occupancy at 95.6%. STAG (STAG) changed to quarterly dividends, 95.5% occupancy. Rexford (REXR) has highest yield at 4.68%, 95.7% occupancy, but reported a GAAP net loss due to asset impairment.

REXR is set to report Q3'26 earnings on October 22, with revenue estimated at 234.41M USD and EPS at 0.35 USD, according to the company.

Analysts made several rating changes: UBS initiated TechnipFMC as buy, Benchmark initiated SoFi as buy with a $25 target, Barclays initiated Linde as overweight, and more. KeyBanc upgraded American Power to overweight, Gordon Haskett upgraded Ollie's to buy, and Barclays upgraded Viking Holdings to overweight with a $102 target. Piper Sandler upgraded VF Corp to overweight, Citi upgraded Galaxy to buy, and Deutsche Bank initiated Wintrust Financial as buy.

Analysts updated price targets for several companies. Keybanc cut Duke Energy's target to $128, Susquehanna reduced Hyatt's to $180, B of A cut Pershing Square's to $38, Baird lowered Carlisle's to $402, Goldman Sachs slashed Upstart's to $28, Truist boosted V.F. Corporation's to $20, Mizuho raised Rexford Industrial's to $41, Morgan Stanley cut Arch Capital's to $100, Needham increased SentinelOne's to $31, and Mizuho raised Humana's to $495.

Mizuho upgraded Rexford Industrial Realty (REXR) to Outperform, raising its price target to $41.00. The stock has outperformed peers but trades at a 6x discount. REXR offers a 4.64% dividend yield and has raised dividends for 13 years. Mizuho cited macro and company-specific factors, including LA business formations. The firm expects 10% upside. Cantor Fitzgerald and Scotiabank also raised price targets, while Raymond James and Jefferies had mixed views.

Argus lowered its target price for Rexford Industrial Realty Inc. (REXR) to $40.00. The company operates industrial properties in Southern California. Other real estate stocks mentioned include CPT, ARE, SUI, TRNO, and EXR.

Real estate stocks declined as the Fed raised interest rates, pushing mortgage rates to nearly 7%. The S&P 500 Real Estate Sector Index fell 2.3%, with residential REITs down 4.8%. Zillow (Z) dropped 10% after a court ruling, while Alexandria Real Estate Equities (ARE) gained 4.2%. Several joint ventures were announced, including one by Realty Income (O) in Europe and another by Digital Realty (DLR) in Türkiye.

Rexford Industrial Realty, Inc. (REXR) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Exhibit 99.1 September 17, 2026 Rexford Industrial Completes a $1.2 Billion Industrial Portfolio Sale Transaction Advances $2.0 Billion Non-Core Portfolio Realignment $1.5 Billion Completed Year-to-Date Dispositions Los Angeles — September 17, 2026 — Rexford Industrial Realty, In

Rexford Industrial Realty (REXR) agreed to sell a $1.2B industrial portfolio, part of a $2B plan to divest non-core assets. The company aims to focus on high-growth properties, with proceeds used for debt repayment, buybacks, and reinvestment. Q2 2026 saw a net loss of $506.9M due to impairments, and leasing activity showed declining rental rates. Hedge fund ownership decreased, and guidance was revised to a net loss for the year.