First Industrial Realty Trust, Inc. (FR)

NYSE: FR · Real-Time Price · USD
59.53
+1.09 (1.87%)
Feb 5, 2026, 1:57 PM EST - Market open
1.87%
Market Cap8.13B +20.9%
Revenue (ttm)727.56M +8.2%
Net Income247.30M -13.9%
EPS1.87 -14.0%
Shares Out 136.50M
PE Ratio31.88
Forward PE33.28
Dividend$1.78 (2.99%)
Ex-Dividend DateDec 31, 2025
Volume942,704
Open58.90
Previous Close58.44
Day's Range58.47 - 60.12
52-Week Range40.31 - 60.20
Beta1.14
AnalystsBuy
Price Target59.60 (+0.12%)
Earnings DateFeb 4, 2026

About FR

First Industrial Realty Trust, Inc. 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. In total, we own and have under development approximately 70.4 million square feet of industrial space concentrated in 15 target MSAs as of September 30, 2025. [Read more]

IPO Date Jun 23, 1994
Employees 151
Stock Exchange NYSE
Ticker Symbol FR
Full Company Profile

Financial Performance

In 2025, FR's revenue was $727.56 million, an increase of 8.24% compared to the previous year's $672.18 million. Earnings were $247.30 million, a decrease of -13.94%.

Financial Statements

Analyst Summary

According to 10 analysts, the average rating for FR stock is "Buy." The 12-month stock price target is $59.6, which is an increase of 0.12% from the latest price.

Price Target
$59.6
(0.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

First Industrial Realty Trust, Inc. (FR) Q4 2025 Earnings Call Transcript

First Industrial Realty Trust, Inc. (FR) Q4 2025 Earnings Call Transcript

1 hour ago - Seeking Alpha

FIRST INDUSTRIAL REALTY TRUST REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS

2025 NAREIT FFO/Share Growth of 11.7% 32% Cash Rental Rate Increase on Leases Commencing in 2025; 37% Increase Excluding 1.3 MSF Fixed-Rate Renewal 35% Cash Rental Rate Increase on Leases Signed To Da...

21 hours ago - PRNewsWire

Property Type Round-Up From REITWorld 2025

REITs are positioned for robust growth in 2026, driven by decelerating supply, disciplined capital allocation, and significant valuation discounts to NAV and private markets. Sector preferences favor ...

Other symbols: AHRALEXAMHAVBBNLBRXBX
2 days ago - Seeking Alpha

First Industrial Realty Trust Closes $425 Million and $375 Million Unsecured Term Loans

CHICAGO, Jan. 22, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced the refinancin...

13 days ago - PRNewsWire

First Industrial Realty Trust Reports Tax Treatment of Common Stock Distributions

CHICAGO, Jan. 20, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today reported the tax treatme...

15 days ago - PRNewsWire

First Industrial Realty Trust To Host Fourth Quarter And Full Year 2025 Results Conference Call On February 5

CHICAGO, Jan. 8, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its fourth quarter an...

27 days ago - PRNewsWire

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...

2 months ago - Business Wire

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...

2 months ago - Reuters

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

3 months ago - PRNewsWire

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,...

3 months ago - Seeking Alpha

Rally In The Dark

U.S. equity markets rebounded this past week as the White House resumed negotiations with China following a major tariff threat, while investors focused on bank earnings that raised some eyebrows. Con...

3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

Blindspots And Trade Shocks

U.S. equity markets tumbled in a sudden jolt of volatility as investors - already flying blind on key data - reacted to a surprise, massive tariff announcement on Chinese imports. The White House anno...

Other symbols: BDNBHRBRTBXPDEADHCDLR
4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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 ...

4 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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,...

7 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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...

Other symbols: NOA
7 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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 ...

7 months ago - PRNewsWire