First Industrial Realty Trust, Inc. (FR)
| Market Cap | 6.90B |
| Revenue (ttm) | 655.53M |
| Net Income (ttm) | 308.11M |
| Shares Out | 135.99M |
| EPS (ttm) | 2.32 |
| PE Ratio | 21.87 |
| Forward PE | 34.03 |
| Dividend | $1.48 (2.92%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 1,313,043 |
| Open | 49.84 |
| Previous Close | 49.60 |
| Day's Range | 49.83 - 51.03 |
| 52-Week Range | 45.10 - 57.35 |
| Beta | 1.09 |
| Analysts | Buy |
| Price Target | 57.91 (+14.15%) |
| Earnings Date | Feb 5, 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 2023, FR's revenue was $618.20 million, an increase of 14.51% compared to the previous year's $539.85 million. Earnings were $274.58 million, a decrease of -23.47%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for FR stock is "Buy." The 12-month stock price forecast is $57.91, which is an increase of 14.15% from the latest price.
News
First Industrial Realty: A Top Industrial Pick With Solid Upside Potential
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First Industrial: Still Attractive Despite Policy Risk
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First Industrial Realty Trust Declares Common Stock Dividends
CHICAGO , Oct. 30, 2024 /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...
First Industrial Realty Trust, Inc. (FR) Q3 2024 Earnings Call Transcript
First Industrial Realty Trust, Inc. (NYSE:FR) Q3 2024 Earnings Conference Call October 17, 2024 11:00 AM ET Company Participants Art Harmon - SVP, IR & Marketing Peter Baccile - President and CEO Sco...
FIRST INDUSTRIAL REALTY TRUST REPORTS THIRD QUARTER 2024 RESULTS
51% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2024; Includes 300,000 Square-Foot Southern California Renewal Cash Same Store NOI Growth of 7.6% in the Third Quarter 33% Cash Ren...
Important Trends For REIT Investors
REIT investors must pay close attention to real estate trends. The office sector remains a mess and likely will for a long time to come. Multifamily is suffering temporarily, but 2025 could be a lot b...
First Industrial Realty Trust To Host Third Quarter 2024 Results Conference Call On October 17
CHICAGO , Oct. 1, 2024 /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 20...
If I Could Only Hold 5 REITs Over The Next Decade
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First Industrial Realty Trust: One Of My Top Industrial REIT Picks
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Wolfe Research upgrades First Industrial Realty Trust: Can it reach $64?
On August 13, 2024, Wolfe Research upgraded First Industrial Realty Trust (FR) from Peer Perform to Outperform, setting a year-end 2025 price target of $64. This upgrade suggests a potential 19% upsid...
Industrial Real Estate Returning To Growth
Second quarter earnings reports from Prologis and First Industrial indicate growth returning to the industrial sector. Industrial real estate market rental rates stopped growing in late 2023, but rece...
If I Had To Retire Today With 12 REITs
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First Industrial Realty Trust Sets The Ground For The Upcoming Upside
First Industrial Realty released strong Q2 2024 results, delivering solid FFO per share growth. FR showcased robust investment & deal activity during the recent quarter, setting the ground for the upc...
First Industrial Realty Trust, Inc. (FR) Q2 2024 Earnings Call Transcript
First Industrial Realty Trust, Inc. (NYSE:FR) Q2 2024 Earnings Conference Call July 18, 2024 11:00 AM ET Company Participants Art Harmon - SVP of IR and Marketing Peter Baccile - President and CEO Sc...
First Industrial Realty Trust Reports Second Quarter 2024 Results
Signed 1.1 Million Square Feet of New Leases for Speculative Developments in the Second Quarter and Third Quarter To-Date Signed a 212,000 Square-Foot Partial Build-to-Suit Lease in the Second Quarter...
Forget The Fed, REITs Will Win In A 'Higher For Longer' Environment
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First Industrial: Recent Volatility Makes Them More Attractive Compared To Peers
First Industrial is a quality REIT with a long operating history, focusing on logistics properties in supply-constrained markets. Despite missing Q1 FFO estimates, they expect to FFO and revenue growt...
Why Now Is The Time To Load Up On REITs, And 2 'Strong Buys'
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