First Industrial Realty Trust, Inc. (FR)
| Market Cap | 6.91B |
| Revenue (ttm) | 655.53M |
| Net Income (ttm) | 308.11M |
| Shares Out | 135.99M |
| EPS (ttm) | 2.32 |
| PE Ratio | 21.89 |
| Forward PE | 33.96 |
| Dividend | $1.48 (2.92%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 551,762 |
| Open | 51.51 |
| Previous Close | 51.41 |
| Day's Range | 50.66 - 51.68 |
| 52-Week Range | 45.10 - 57.35 |
| Beta | 1.10 |
| Analysts | Buy |
| Price Target | 57.83 (+13.88%) |
| 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 12 analysts, the average rating for FR stock is "Buy." The 12-month stock price forecast is $57.83, which is an increase of 13.88% from the latest price.
News
First Industrial Realty Trust Reports Tax Treatment Of Common Stock Distributions
CHICAGO , Jan. 17, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today reported the tax treatm...
First Industrial Realty Trust To Host Fourth Quarter And Full Year 2024 Results Conference Call On February 6
CHICAGO , January 13, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its fourth quart...
Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor
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First Industrial Realty: A Top Industrial Pick With Solid Upside Potential
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Sector Spotlight: Industrial REITs - Still A Real Estate Darling?
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First Industrial: Still Attractive Despite Policy Risk
First Industrial Realty has shown solid performance, with a 26% rise in the past year and a 12% return since my last "buy" rating. Despite strong renewal lease signings and a robust balance sheet, ele...
3 REITs With Rapid Dividend Growth
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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
First Industrial Realty Trust is an industrial REIT with 67.9m sq. ft. of leasable area. Rising interest rates and oversupply have pressured the industrial property sector, but signs of a market shift...
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REITs trade on AFFO, but the market often overlooks the quality of AFFO growth, leading to mispricings. AFFO growth sources vary in quality; repeatable sources like rental rate growth are more valuabl...
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...