Stock fact sheet · data as of
Rexford Industrial Realty, Inc. (REXR): fair value, margin of safety and Wheel Score
Real Estate · REIT - Industrial · United States · Speculative / Distressed
Is REXR undervalued?
REXR closed at 37.50 on 16 Oct 2026, more than 30% above the GLS average fair value of 22.01. Only 0 of the 3 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the Sunday Scan drops names like this at the "below fair value" rule.
The average is built from just 3 models (DCF, 10 Cap, DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files REXR under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for REXR
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 12.63 | -66% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 27.86 | -26% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 25.53 | -32% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -14.34 | -138% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 39.33 | +5% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Rexford Industrial Realty, Inc. scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability REXR scores 5.9/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are thin or negative - ROIC 1.8%, ROE 2.5%, ROA 1.7% - with debt at 0.41 times equity and a free-cash-flow yield of 2.6%.
The dividend yield is high at 4.63% (payout ratio -107%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 1.8% |
|---|---|---|---|
| GLS Moat | 5.9 / 10 | ROE | 2.5% |
| Debt / equity | 0.41 | ROA | 1.7% |
| Free-cash-flow yield | 2.6% | Payout ratio | -107% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 45: Weak
With a Wheel Score of 45 Rexford Industrial Realty, Inc. sits in the Weak band, capped at 45 because the engine files it as Speculative / Distressed. The parts - Value 0/25, Health 11/20, Moat 9/15, Premium 19/20, Stability 20/20 - show where: Value (0/25) scores lowest.
Implied volatility is 34% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (19 of 20 points). Chain open interest is 24,423 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 2.5M shares a day on a market cap of $8.6B, with a beta of 1.20; the Stability part of the Wheel Score gives that 20 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -70% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 9 / 15 | moat 5.9/10 | |
| Premium | 19 / 20 | implied volatility 34% | |
| Stability | 20 / 20 | 2.5M shares/day, $8.6B cap, beta 1.20 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Rexford Industrial Realty, Inc. reports earnings on 21 Oct 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in REIT - Industrial
The 12 companies below are the closest to Rexford Industrial Realty, Inc. by market cap within the REIT - Industrial industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CUBE CubeSmart | 38.56 | 28.62 | -35% | 57Fair | $8.7B |
| FR First Industrial Realty Trust, Inc. | 58.78 | 31.42 | -87% | 56Fair | $7.8B |
| LINE Lineage, Inc. | 34.11 | 36.11 | +6% | 45Weak | $7.8B |
| TRNO Terreno Realty Corporation | 64.81 | 49.67 | -30% | 52Fair | $7.1B |
| EGP EastGroup Properties, Inc. | 194.43 | 97.58 | -99% | 51Fair | $10.5B |
| STAG STAG Industrial, Inc. | 35.88 | 28.22 | -27% | 54Fair | $6.9B |
| COLD Americold Realty Trust, Inc. | 13.92 | 7.20 | -93% | 45Weak | $4.0B |
| LXP LXP Industrial Trust | 61.01 | 53.23 | -15% | 66Good | $3.6B |
| EXR Extra Space Storage Inc. | 137.69 | 96.97 | -42% | 53Fair | $29.1B |
| PLDGP Prologis, Inc. | 50.25 | 52.05 | +3% | 39No options | $38.4B |
| SMA Smartstop Self Storage REIT Inc | 32.59 | 29.99 | -9% | 59Fair | $1.8B |
| IIPR Innovative Industrial Properties, Inc. | 53.20 | 76.13 | +30% | 74Good | $1.5B |
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Start free See the Sunday ScanQuestions about REXR
Is REXR undervalued right now?
No: at 37.50 the stock trades 70% above the GLS average fair value of 22.01 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of REXR and what does it mean?
REXR scores 45 out of 100 (Weak). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for REXR?
22.01 per share as of 16 Oct 2026 - the simple average of the 3 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Rexford Industrial Realty, Inc. report earnings next?
The next earnings report is due on 21 Oct 2026 (after the close), 5 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does REXR have listed options, and how liquid are they?
Yes. The nightly snapshot found 94 listed contracts with 24,423 open interest across all expiries and implied volatility of 34% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.