First Industrial Realty Trust, Inc. (FR)
| Market Cap | 7.56B +2.6% |
| Revenue (ttm) | 775.88M +8.7% |
| Net Income | 357.42M +50.9% |
| EPS | 2.70 +50.7% |
| Shares Out | 137.03M |
| PE Ratio | 20.47 |
| Forward PE | 31.43 |
| Dividend | $2.00 (3.62%) |
| Ex-Dividend Date | Sep 30, 2026 |
| Volume | 2,962,128 |
| Open | 54.64 |
| Previous Close | 54.44 |
| Day's Range | 54.44 - 55.71 |
| 52-Week Range | 54.20 - 69.88 |
| Beta | 1.04 |
| Analysts | Buy |
| Price Target | 68.44 (+24.01%) |
| Earnings Date | Oct 21, 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 72.1 million square feet of industrial space concentrated in 15 target MSAs as of June 30, 2026. First Industrial Realty Trust, Inc. was es... [Read more]
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 StatementsAnalyst Summary
According to 17 analysts, the average rating for FR stock is "Buy." The 12-month stock price target is $68.44, which is an increase of 24.01% from the latest price.
News
First Industrial Realty price target lowered to $62 from $72 at Goldman Sachs
Goldman Sachs lowered the firm’s price target on First Industrial Realty (FR) to $62 from $72 and keeps a Neutral rating on the shares.
First Industrial downgraded to Outperform from Strong Buy at Raymond James
Raymond James downgraded First Industrial Realty (FR) to Outperform from Strong Buy with a price target of $71, down from $86. The company reported a “‘weaker” Q3 with reduced development…
First Industrial Realty Trust Earnings Call Transcript: Q3 2026
Q3 FFO was $0.80 per share, occupancy reached 94.1%, and FY26 FFO guidance midpoint rose by $0.01. Stronger core leasing offset a 150,000 sq ft development leasing shift into 2027.
First Industrial Realty Trust Slides: Q3 2026
First Industrial Realty Trust has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 22, 2026.
First Industrial Realty Trust Earnings release: Q3 2026
First Industrial Realty Trust released its Q3 2026 earnings on October 22, 2026, summarizing the period's financial results.
First Industrial Realty Trust Quarterly report: Q3 2026
First Industrial Realty Trust has published its Q3 2026 quarterly earnings report on October 22, 2026.
First Industrial Realty Trust Reports Third Quarter 2026 Results
Cash Rental Rates on New and Renewal Leasing Increased 52% in 3Q26 Cash Same Store NOI Growth of 5.6% in 3Q26 Acquired 100% Leased 764,000 SF Building in Central Pennsylvania for $120 Million in 3Q26 ...
First Industrial Realty Trust To Host Third Quarter 2026 Results Conference Call On October 22
CHICAGO, Oct. 7, 2026 /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 202...
First Industrial Realty price target raised to $66 from $61 at Wells Fargo
Wells Fargo raised the firm’s price target on First Industrial Realty (FR) to $66 from $61 and keeps an Equal Weight rating on the shares. The firm believes REITs will…
First Industrial Realty price target raised to $66 from $63 at Scotiabank
Scotiabank raised the firm’s price target on First Industrial Realty (FR) to $66 from $63 and keeps a Sector Perform rating on the shares. The firm is updating its price…
First Industrial Declares Common Stock Dividends
CHICAGO, Aug. 13, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that its board...
First Industrial added to ‘Analyst Current Favorites’ list at Raymond James
Raymond James added First Industrial Realty (FR) to its “Analyst Current Favorites” list, which contains its current favorite stock ideas. It believes First Industrial is well positioned for an “attra...
First Industrial Realty price target raised to $75 from $68 at RBC Capital
RBC Capital raised the firm’s price target on First Industrial Realty (FR) to $75 from $68 and keeps an Outperform rating on the shares. The firm is updating its model…
First Industrial Realty price target raised to $74 from $71 at Baird
Baird raised the firm’s price target on First Industrial Realty (FR) to $74 from $71 and keeps an Outperform rating on the shares. The firm updated its model following Q2…
First Industrial Realty price target raised to $72 from $63 at Citi
Citi analyst Nick Joseph raised the firm’s price target on First Industrial Realty (FR) to $72 from $63 and keeps a Neutral rating on the shares.
First Industrial Realty price target raised to $73 from $67 at Truist
Truist analyst Michael Lewis raised the firm’s price target on First Industrial Realty (FR) to $73 from $67 and keeps a Buy rating on the shares. Following a modest Q2…
First Industrial Realty Trust Earnings Call Transcript: Q2 2026
Q2 saw strong leasing momentum, higher FFO guidance, and robust NOI growth, with significant leasing wins and asset sales. Market fundamentals are improving, and development and acquisition activity remains active, especially in supply-constrained markets.
First Industrial Realty Trust Earnings release: Q2 2026
First Industrial Realty Trust released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.
First Industrial Realty Trust Slides: Q2 2026
First Industrial Realty Trust has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 23, 2026.
First Industrial Realty Trust Quarterly report: Q2 2026
First Industrial Realty Trust has published its Q2 2026 quarterly earnings report on July 23, 2026.
First Industrial Realty Trust Reports Second Quarter 2026 Results
Cash Same Store NOI Growth of 6.7% Cash Rental Rates Up 39% in 2Q26 39% Cash Rental Rate Increase on Leases Signed To Date Commencing in 2026 New 708,000 Square-Foot Lease at In Service Facility in Ce...
First Industrial Realty price target raised to $69 from $64 at Barclays
Barclays analyst Brendan Lynch raised the firm’s price target on First Industrial Realty (FR) to $69 from $64 and keeps an Equal Weight rating on the shares. The firm adjusted…
First Industrial Realty Trust To Host Second Quarter 2026 Results Conference Call On July 23
CHICAGO, July 7, 2026 /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 20...
First Industrial Realty resumed with a Strong Buy at Raymond James
Raymond James resumed coverage of First Industrial Realty (FR) with a Strong Buy rating and $83 price target Based on a belief in the longevity of the company’s positive mark-to-market…
First Industrial Realty Trust Slides: Corporate presentation
First Industrial Realty Trust has posted slides in relation to its latest quarterly earnings report, which was published on June 4, 2026.