First Industrial Realty Trust, Inc. (FR)

NYSE: FR · IEX Real-Time Price · USD
51.85
0.55 (1.07%)
May 20, 2022 4:00 PM EDT - Market closed
Market Cap6.84B
Revenue (ttm)485.54M
Net Income (ttm)245.06M
Shares Out132.00M
EPS (ttm)1.88
PE Ratio27.62
Forward PE53.76
Dividend$1.11 (2.13%)
Ex-Dividend DateJun 29, 2022
Volume1,016,003
Open51.70
Previous Close51.30
Day's Range50.80 - 51.86
52-Week Range50.23 - 66.74
Beta0.94
AnalystsBuy
Price Target71.57 (+38.0%)
Earnings DateApr 20, 2022

About FR

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of indu...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateJun 23, 1994
Employees162
Stock ExchangeNYSE
Ticker SymbolFR
Full Company Profile

Financial Performance

In 2021, FR's revenue was $476.29 million, an increase of 6.31% compared to the previous year's $448.03 million. Earnings were $271.00 million, an increase of 38.27%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for FR stock is "Buy." The 12-month stock price forecast is 71.57, which is an increase of 38.03% from the latest price.

Price Target
$71.57
(38.03% upside)
Analyst Consensus: Buy
Stock Forecasts

News

First Industrial Realty Trust (FR) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?

2 days ago - Zacks Investment Research

These 4 REITs Have Beaten the S&P 500 for Years and Should Keep on Doing Just That

These leaders in different industries have topped the market for a decade, and each is a buying opportunity now.

Other symbols:CCIEQIXEXR
1 week ago - The Motley Fool

First Industrial Realty Trust Declares Common Stock Dividends

CHICAGO , May 4, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that its board o...

2 weeks ago - PRNewsWire

Why First Industrial Realty Trust (FR) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?

2 weeks ago - Zacks Investment Research

First Industrial Realty Trust (FR) Surpasses Q1 FFO and Revenue Estimates

First Industrial Realty Trust (FR) delivered FFO and revenue surprises of 1.92% and 1.79%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

First Industrial Realty Trust Reports First Quarter 2022 Results

Cash Same Store NOI Grew 14.4%; Occupancy of 98.0%; Cash Rental Rates Up 12.7% Signed 72% of 2022 Rollovers To-Date at a Cash Rental Rate Increase of 20% Started Five Developments in the First Quarter T...

1 month ago - PRNewsWire

7 Great REITs That Will Pay You Handsomely

Real estate companies are in a good position right now, and so are their stocks. The post 7 Great REITs That Will Pay You Handsomely appeared first on InvestorPlace.

Other symbols:CCICUBEDREEXRLAMRPLD
1 month ago - InvestorPlace

Who Says You Can't Beat the Market? These 5 Stocks Did

This group of stocks has significantly outpaced the S&P 500 over the past decade.

Other symbols:EQIXEXRSBACSUI
1 month ago - The Motley Fool

First Industrial Realty Trust to Host First Quarter 2022 Results Conference Call on April 21

CHICAGO, March 31, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, will host its first quarter 20...

1 month ago - PRNewsWire

Selling This Stock Was One of My Worst Investing Mistakes

I wish I had held on to this real estate investment trust.

1 month ago - The Motley Fool

First Industrial Realty Trust to Present at Citi's 2022 Global Property CEO Conference

CHICAGO, March 4, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that it will pr...

2 months ago - PRNewsWire

First Industrial Realty Trust Announces Annual Meeting of Stockholders and Record Date

CHICAGO, Feb. 17, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that the Compan...

3 months ago - PRNewsWire

Better Buy: Prologis or First Industrial?

These two industrial REITs are at the center of the logistics chain. Is one a better option than the other?

Other symbols:PLD
3 months ago - The Motley Fool

First Industrial Realty Trust (FR) Surpasses Q4 FFO and Revenue Estimates

First Industrial Realty Trust (FR) delivered FFO and revenue surprises of 1.96% and 0.20%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

FIRST INDUSTRIAL REALTY TRUST REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

CHICAGO, Feb. 9, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the ...

3 months ago - PRNewsWire

4 REITS on the Verge of Becoming Dividend Achievers

When a company hikes dividends for 10 years in a row, they reach Dividend Achiever status. This quartet is just about there.

Other symbols:GTYHTAMPW
3 months ago - The Motley Fool

First Industrial Realty Trust To Host Fourth Quarter And Full Year 2021 Results Conference Call On February 10

CHICAGO, Jan. 20, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, will host its fourth quarter an...

4 months ago - PRNewsWire

FIRST INDUSTRIAL REALTY TRUST REPORTS TAX TREATMENT OF COMMON STOCK DISTRIBUTIONS

CHICAGO, Jan. 19, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today reported the tax treatmen...

4 months ago - PRNewsWire

First Industrial Realty Trust (FR) Upgraded to Buy: Here's What You Should Know

First Industrial Realty Trust (FR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

5 months ago - Zacks Investment Research

What Makes First Industrial Realty Trust (FR) a Strong Momentum Stock: Buy Now?

Does First Industrial Realty Trust (FR) have what it takes to be a top stock pick for momentum investors? Let's find out.

6 months ago - Zacks Investment Research

First Industrial Realty Trust (FR) Upgraded to Buy: What Does It Mean for the Stock?

First Industrial Realty Trust (FR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

6 months ago - Zacks Investment Research

First Industrial Realty Trust (FR) Tops Q3 FFO and Revenue Estimates

First Industrial Realty Trust (FR) delivered FFO and revenue surprises of 4.08% and 2.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

First Industrial Realty Trust Reports Third Quarter 2021 Results

CHICAGO, Oct. 20, 2021 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the...

7 months ago - PRNewsWire

First Industrial Realty Trust To Host Third Quarter 2021 Results Conference Call On October 21

CHICAGO, Oct. 6, 2021 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, will host its third quarter 2021...

7 months ago - PRNewsWire

This is Why First Industrial Realty Trust (FR) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?

7 months ago - Zacks Investment Research