Soroban Capital Partners Reduces $186M in Rexford Industrial Realty, Inc. ($REXR)

Key Points

  • Soroban Capital Partners changed its Rexford Industrial Realty, Inc. ($REXR) stake by 60.55% last quarter, cutting to 3,625,821 shares worth $121.47 million.
  • Wall Street's consensus rating on $REXR is Hold and an average price target of $40.25.
  • $REXR last traded around $33.50.

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Soroban Capital Partners reduced its position in Rexford Industrial Realty, Inc. ($REXR) by 60.55% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,625,821 shares of Rexford Industrial Realty, Inc. after selling 5,565,217 shares during the quarter. Soroban Capital Partners's holdings in Rexford Industrial Realty, Inc. were worth $121.47 million as of its most recent filing.

Rexford Industrial Realty, Inc. Stock Down 9.8%

Shares of Rexford Industrial Realty, Inc. ($REXR) traded around $33.50 on Saturday, down 9.8% for the day.

Last price$33.50
Market cap$8.26B
Forward P/E37.51
PEG ratio1.88
Beta1.21
52-week low$32.14
52-week high$44.38
50-day MA$36.17
200-day MA$37.07
Current ratio0.34
Quick ratio0.23
Debt-to-equity0.41

Rexford Industrial Realty, Inc. Earnings

EPS (ttm)-$1.77
Revenue (ttm)$991.92M
Revenue growth-1.60%
Net margin-39.16%
Return on equity-4.73%
Next earningsOct 14, 2026

Rexford Industrial Realty, Inc. Dividend

Annual dividend$1.74
Dividend yield469%
Payout ratio183.51%
Ex-dividend dateSep 30, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$40.25
High target$45
Low target$36
Analysts covering16

About Rexford Industrial Realty, Inc.

Rexford Industrial Realty, Inc. creates value by investing in, operating and repositioning 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. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. As of June 30, 2026, Rexford Industrial's high-quality, irreplaceable portfolio comprised 409 properties with approximately 49.9 million rentable square feet occupied by a stable and diverse tenant base. Rexford Industrial Realty, Inc. was incorporated on January 18th, 2013, and is based in Los Angeles, United States.

ExchangeNYSE
SectorReal Estate
IndustryREIT - Industrial
HeadquartersLos Angeles, CA
CEOMs. Laura Elizabeth Clark
Employees256

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