First Industrial Realty Trust, Inc. (FR)
| Market Cap | 7.90B |
| Revenue (ttm) | 714.03M |
| Net Income (ttm) | 236.86M |
| Shares Out | 136.50M |
| EPS (ttm) | 1.79 |
| PE Ratio | 32.34 |
| Forward PE | 33.92 |
| Dividend | $1.78 (3.08%) |
| Ex-Dividend Date | Dec 31, 2025 |
| Volume | 1,710,743 |
| Open | 56.73 |
| Previous Close | 56.77 |
| Day's Range | 56.68 - 58.42 |
| 52-Week Range | 40.31 - 58.42 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 57.64 (-0.36%) |
| Earnings Date | Oct 15, 2025 |
About FR
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. Our portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets. In total, we own and have under development appro... [Read more]
Financial Performance
In 2024, FR's revenue was $672.18 million, an increase of 8.73% compared to the previous year's $618.20 million. Earnings were $287.34 million, an increase of 4.65%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for FR stock is "Buy." The 12-month stock price target is $57.64, which is a decrease of -0.36% from the latest price.
News
Land & Buildings Issues Presentation Detailing First Industrial's Underappreciated Portfolio Quality and Substantial Discount to NAV
STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings,” “L&B,” “us” or “we”), a shareholder of First Industrial Realty T...
Activist investor Litt urges changes at First Industrial Realty to boost stock, sources say
Activist investor Jonathan Litt wants warehouse operator First Industrial Realty Trust to sell assets, return capital to shareholders and refresh its board, steps that could boost the stock price by 3...
First Industrial: This Undervalued Coastal Logistics REIT Is Still Crushing It
First Industrial Realty Trust offers a 3.2% yield and is a leading U.S. logistics real estate REIT with strong market exposure. FR's portfolio spans 417 properties in key metropolitan areas, maintaini...
First Industrial: Not Too Late To Get In But Bargain Window Is Closing
First Industrial Realty Trust (FR) remains an attractive buy despite recent gains, with a compelling valuation and positive risk-return profile. FR's 5.70% cap rate versus a 5.47% WACC provides a posi...
Picking A Winner In Industrial REITs
Falling Fed Funds rates and attractive REIT yields, along with technicals, make REITs increasingly appealing. Industrial REITs show robust fundamentals, with high occupancy, minimal delinquencies, exc...
First Industrial Realty Trust Declares Common Stock Dividends
CHICAGO , Oct. 29, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that its boa...
REIT Earnings Preview: Here's What We're Watching
Real estate earnings season kicks into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. One step forward,...
First Industrial Realty Trust, Inc. (FR) Q3 2025 Earnings Call Transcript
First Industrial Realty Trust, Inc. (NYSE:FR) Q3 2025 Earnings Call October 16, 2025 11:00 AM EDT Company Participants Art Harmon - Senior Vice President of Investor Relations & Marketing Peter Bacci...
FIRST INDUSTRIAL REALTY TRUST REPORTS THIRD QUARTER 2025 RESULTS
Signed 772,000 SF of New Leases for Development Projects in the Third Quarter and Fourth Quarter To-Date Remaining 501,000 SF at Building C at Our Camelback 303 JV in Phoenix in 3Q25 56,000 SF at Firs...
First Industrial: Tariff Fears Are Overblown
First Industrial Realty remains attractive despite recent underperformance, offering a 3.4% dividend yield and strong balance sheet fundamentals. FR's West Coast exposure poses risks from trade policy...
First Industrial Realty Trust To Host Third Quarter 2025 Results Conference Call On October 16
CHICAGO , Sept. 23, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its third quarter ...
A Ranking Of Net-Lease REITs By Investment Spread For Q2 2025
Net-lease REITs remain resilient amid economic uncertainty, with stable interest rates supporting increased investment activity and positive guidance across the sector. Monetary policy (interest rates...
First Industrial: Q2 Earnings Reinforce Portfolio Strength Amidst Uncertainty
I maintain my buy rating on First Industrial Realty, supported by strong earnings, resilient financials, and impressive long-term dividend growth. FR's industrial-focused portfolio, blue-chip tenants,...
Powell Pressured As Inflation Cools
U.S. equity markets climbed to fresh record-highs this week after a critical slate of inflation data showed that tariff-driven inflation remains muted, while rumors of a potential Powell termination s...
2 Deep Value Dividend Stocks Hiding In Plain Sight
This year's wild macro backdrop pushed me to write longer, deeper articles. So today I'm sharing two new under-the-radar dividend gems I discovered. Both stocks align with my long-term macro views and...
First Industrial Realty Trust, Inc. (FR) Q2 2025 Earnings Call Transcript
First Industrial Realty Trust, Inc. (NYSE:FR) Q2 2025 Earnings Conference Call July 17, 2025 11:00 AM ET Company Participants Arthur J. Harmon - Senior Vice President of Investor Relations & Marketin...
First Industrial EPS Climbs 10.5% In Q2
First Industrial Realty Trust (FR 0.07%), a real estate investment trust focused on logistics and industrial properties in major U.S. markets, reported fiscal 2025 second-quarter results on Wednesday,...
First Industrial Realty Trust Reports Second Quarter 2025 Results
Second Quarter Cash Same Store NOI Growth of 8.7% 33% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 38% Increase Excluding 1.3 MSF Fixed-Rate Renewal Signed a 58,000 SF Lease ...
First Industrial Realty Trust To Host Second Quarter 2025 Results Conference Call On July 17
CHICAGO , July 1, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its second quarter 2...
First Industrial Realty: Attractive Despite Tariff Uncertainty
First Industrial Realty faces near-term headwinds from tariff uncertainty, especially on the West Coast, but long-term fundamentals remain solid. Demand is tepid due to trade policy paralysis, yet sup...
First Industrial Realty Trust To Present At Nareit's REITWeek 2025 Investor Conference
CHICAGO , June 2, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will present at Nareit's REITW...
U.S. REIT Same-Store Net Operating Income Growth Slips In Q1
US equity REITs reported a marginal decline in the median growth rate of their same-store NOI in Q1 as the commercial real estate market continues to face macroeconomic challenges. Among all US equity...
