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Stock impact report

Rexford Industrial Realty: We Sold The Common Stock, Bought Preferreds At 6.6% Current Yield [Seeking Alpha]

Rexford Industrial Realty, Inc. (REXR) 
Last rexford industrial realty, inc. earnings: 2/11 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.rexfordindustrial.com
Company Research Source: Seeking Alpha
REXR's preferreds (REXR.PR.B, REXR.PR.C) yield ~6.6%, trade below par, and carry investment-grade credit ratings, outperforming peers on a risk-adjusted basis. REXR maintains a strong balance sheet: low leverage (~30%), high asset coverage (394%), and robust fixed charge coverage (5.6x). With limited upside in REXR common, I favor the preferreds for their attractive yield, high credit quality, and superior risk-return dynamics. This idea was discussed in more depth with members of my private investing community, Trade With Beta. Learn More » Pla2na/iStock via Getty Images We have been following and appreciating Rexford Industrial Realty ( REXR ) for a long time, as evident from our 2024 article At the time, we bought common stock and were impressed with the financial results (you can see in More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and Show less Read more
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