First Industrial Realty Trust, Inc. (FR)

NYSE: FR · Real-Time Price · USD
56.10
+0.38 (0.68%)
Oct 24, 2025, 4:00 PM EDT - Market closed
0.68%
Market Cap7.66B
Revenue (ttm)714.03M
Net Income (ttm)236.86M
Shares Out 136.50M
EPS (ttm)1.79
PE Ratio31.36
Forward PE32.90
Dividend$1.78 (3.17%)
Ex-Dividend DateSep 30, 2025
Volume1,014,884
Open56.08
Previous Close55.72
Day's Range55.67 - 56.27
52-Week Range40.31 - 58.17
Beta1.08
AnalystsBuy
Price Target56.45 (+0.62%)
Earnings DateOct 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]

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

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 Statements

Analyst Summary

According to 11 analysts, the average rating for FR stock is "Buy." The 12-month stock price target is $56.45, which is an increase of 0.62% from the latest price.

Price Target
$56.45
(0.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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4 days 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...

7 days 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...

10 days 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...

10 days 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...

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14 days 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...

23 days 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 weeks 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...

2 months ago - Seeking Alpha

First Industrial Realty Trust Declares Common Stock Dividends

CHICAGO , Aug. 12, 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...

2 months ago - PRNewsWire

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,...

3 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...

3 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...

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3 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...

3 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 ...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

Tariffs Up, Inflation Down

US equity markets surged this week - extending a dramatic post "Liberation Day" rebound - after the White House announced a trade truce with China, while investors cheered surprisingly cool inflation ...

5 months ago - Seeking Alpha

First Industrial Realty Trust Announces Pricing of $450 Million of Senior Notes Due 2031

CHICAGO , May 12, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (the "Company") (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announce...

5 months ago - PRNewsWire

3 Top REITs To Buy In May 2025

We live in a very uncertain world. It is leading to some interesting buying opportunities. I highlight 3 REITs to consider buying in May 2025.

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5 months ago - Seeking Alpha

Market Reversal: REITs Beating Tech In 2025

Tech stocks have been very rewarding in the last few years. REITs, on the other hand, have been very poor investments. But things are changing, and REITs are now beating Tech. Here's why.

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6 months ago - Seeking Alpha

Buy The Dip: 3 Stocks Getting Way Too Cheap

We are likely headed into a recession. Cyclical stocks have sold off significantly. Some of them are now deeply undervalued and could present significant upside potential in a future recovery.

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6 months ago - Seeking Alpha

First Industrial Realty Trust, Inc. (FR) Q1 2025 Earnings Call Transcript

First Industrial Realty Trust, Inc. (NYSE:FR) Q1 2025 Earnings Conference Call April 17, 2025 11:00 AM ET Company Participants Art Harmon - SVP, IR and Marketing Peter Baccile - President and CEO Sco...

6 months ago - Seeking Alpha

FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2025 RESULTS

Cash Same Store NOI Growth of 10.1% Cash Rental Rates Up 42% in 1Q25 30% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 36% Increase Excluding 1.3 Million Square-Foot Fixed-Rat...

6 months ago - PRNewsWire