NYSE:FR First Industrial Realty Trust (FR) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free FR Stock Alerts $46.03 -2.57 (-5.29%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$45.81▼$48.6550-Day Range$48.60▼$54.8152-Week Range$40.44▼$55.22Volume2.36 million shsAverage Volume1.18 million shsMarket Capitalization$6.09 billionP/E Ratio22.24Dividend Yield3.22%Price Target$55.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get First Industrial Realty Trust alerts: Email Address First Industrial Realty Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.27 Rating ScoreUpside/Downside20.1% Upside$55.30 Price TargetShort InterestHealthy1.16% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.91Upright™ Environmental ScoreNews Sentiment0.22Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth11.11%From $2.61 to $2.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.91 out of 5 starsFinance Sector40th out of 822 stocksReal Estate Investment Trusts Industry7th out of 176 stocks 3.1 Analyst's Opinion Consensus RatingFirst Industrial Realty Trust has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 5 buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageFirst Industrial Realty Trust has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.16% of the outstanding shares of First Industrial Realty Trust have been sold short.Short Interest Ratio / Days to CoverFirst Industrial Realty Trust has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Industrial Realty Trust has recently decreased by 19.90%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldFirst Industrial Realty Trust pays a meaningful dividend of 2.93%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Industrial Realty Trust has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of First Industrial Realty Trust is 71.50%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Industrial Realty Trust will have a dividend payout ratio of 51.03% next year. This indicates that First Industrial Realty Trust will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Industrial Realty Trust has received a 32.28% net impact score from Upright. First Industrial Realty seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Real estate funds investing in industrial, logistics and warehousing buildings", "Industrial and logistics property leasing services", and "Real estate development services of industrial buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for First Industrial Realty Trust is -0.91. Previous Next 2.3 News and Social Media Coverage News SentimentFirst Industrial Realty Trust has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for First Industrial Realty Trust this week, compared to 4 articles on an average week.Search Interest1 people have searched for FR on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added First Industrial Realty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Industrial Realty Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.94% of the stock of First Industrial Realty Trust is held by insiders.Percentage Held by Institutions99.85% of the stock of First Industrial Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for First Industrial Realty Trust are expected to grow by 11.11% in the coming year, from $2.61 to $2.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Industrial Realty Trust is 22.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.41.Price to Earnings Ratio vs. SectorThe P/E ratio of First Industrial Realty Trust is 22.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.06.Price to Book Value per Share RatioFirst Industrial Realty Trust has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story About First Industrial Realty Trust Stock (NYSE: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 approximately 68.5 million square feet of industrial space as of December 31, 2023.Read More FR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FR Stock News HeadlinesApril 18, 2024 | markets.businessinsider.comJanney Montgomery Reaffirms Their Buy Rating on First Industrial Realty (FR)April 18, 2024 | seekingalpha.comFirst Industrial: Shares Attractive Despite Softer Q1 ResultsApril 18, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 17, 2024 | markets.businessinsider.comBeyond The Numbers: 5 Analysts Discuss First Industrial Realty StockApril 17, 2024 | prnewswire.comFirst Industrial Realty Trust Reports First Quarter 2024 ResultsApril 13, 2024 | americanbankingnews.comFirst Industrial Realty Trust, Inc. (NYSE:FR) Given Average Recommendation of "Hold" by AnalystsApril 10, 2024 | finance.yahoo.comThese Top Industrial REITs Have Long Track Records of Dividend GrowthApril 10, 2024 | americanbankingnews.comFirst Industrial Realty Trust (FR) to Release Earnings on WednesdayApril 18, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 8, 2024 | bizjournals.comWatergate developer Giuseppe Cecchi, founder of IDI Group, dies at 93March 27, 2024 | markets.businessinsider.comForecasting The Future: 6 Analyst Projections For First Industrial RealtyMarch 25, 2024 | seekingalpha.comIndustrial Real Estate: Opportunities Amidst Supply And Demand BoomMarch 20, 2024 | prnewswire.comFirst Industrial Realty Trust To Host First Quarter 2024 Results Conference Call On April 18March 20, 2024 | msn.com24 U.S. REITs up their dividend payouts in FebruaryMarch 20, 2024 | bizjournals.comPrivate equity firm launches industrial real estate trusts, with first purchase in St. LouisMarch 14, 2024 | msn.comHouston real estate firm breaks ground on 3.7 million sq ft industrial park in El PasoFebruary 29, 2024 | prnewswire.comFirst Industrial Realty Trust To Present At Citi's 2024 Global Property CEO ConferenceFebruary 17, 2024 | realmoney.thestreet.comFirst Industrial Realty price target raised by $2 at Truist, here's whyFebruary 16, 2024 | markets.businessinsider.comForecasting The Future: 4 Analyst Projections For First Industrial RealtyFebruary 15, 2024 | finance.yahoo.comFirst Industrial Realty Trust Announces Annual Meeting of Stockholders and Record DateFebruary 15, 2024 | prnewswire.comFirst Industrial Realty Trust Announces Annual Meeting of Stockholders and Record DateFebruary 9, 2024 | markets.businessinsider.comBuy Rating for First Industrial Realty Trust Amid Exceptional Performance and Strong Fiscal OutlookFebruary 9, 2024 | finance.yahoo.comQ4 2023 First Industrial Realty Trust Inc Earnings CallFebruary 9, 2024 | finance.yahoo.comFirst Industrial Realty Trust, Inc. (NYSE:FR) Q4 2023 Earnings Call TranscriptFebruary 8, 2024 | markets.businessinsider.comBuy Rating Affirmed for First Industrial Realty: Strong Financials and Operational Success Drive Growth ExpectationsFebruary 7, 2024 | finance.yahoo.comFirst Industrial Realty Trust Reports Fourth Quarter and Full Year 2023 ResultsFebruary 7, 2024 | finance.yahoo.comFirst Industrial Realty Trust Inc (FR) Reports Record Rental Rate Growth and Solid Financial ...See More Headlines Receive FR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Industrial Realty Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/20/2022Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today4/18/2024Next Earnings (Estimated)7/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryIndustrial REITs Current SymbolNYSE:FR CUSIP32054K10 CIK921825 Webwww.firstindustrial.com Phone(312) 344-4300Fax312-922-6320Employees156Year Founded1994Price Target and Rating Average Stock Price Target$55.30 High Stock Price Target$63.00 Low Stock Price Target$42.00 Potential Upside/Downside+20.0%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.07 Trailing P/E Ratio22.26 Forward P/E Ratio17.65 P/E GrowthN/ANet Income$274.82 million Net Margins44.76% Pretax Margin42.72% Return on Equity10.64% Return on Assets5.40% Debt Debt-to-Equity Ratio0.84 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$614.03 million Price / Sales9.93 Cash Flow$3.06 per share Price / Cash Flow15.06 Book Value$19.92 per share Price / Book2.31Miscellaneous Outstanding Shares132,340,000Free Float131,097,000Market Cap$6.10 billion OptionableOptionable Beta1.01 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Peter E. Baccile (Age 62)President, CEO & Director Comp: $2.51MMr. Johannson L. Yap (Age 61)Co-Founder, Chief Investment Officer & Executive VP of West Region Comp: $1.58MMr. Scott A. Musil (Age 56)CFO, Senior VP, Treasurer & Assistant Secretary Comp: $946.9kMs. Jennifer E. Matthews Rice (Age 53)General Counsel & Secretary Comp: $713.65kMr. Peter O. Schultz Jr. (Age 61)Executive Vice President of East Region Comp: $1.31MMr. Christopher M. Schneider CPAExecutive VP of Operations & Chief Information OfficerMs. Sara E. NiemiecChief Accounting OfficerMr. Arthur J. HarmonSenior Vice President of Investor Relations & MarketingMr. Robert J. WalterExecutive Vice President of Capital Markets & Asset ManagementMr. Adam MooreSenior Regional Director of Chicago - MilwaukeeMore ExecutivesKey CompetitorsSTAG IndustrialNYSE:STAGEastGroup PropertiesNYSE:EGPRyman Hospitality PropertiesNYSE:RHPBrixmor Property GroupNYSE:BRXAGNC InvestmentNASDAQ:AGNCView All CompetitorsInsiders & InstitutionsOak Thistle LLCBought 3,456 shares on 4/18/2024Ownership: 0.009%Tributary Capital Management LLCSold 300 shares on 4/18/2024Ownership: 0.006%Farmers & Merchants Investments Inc.Bought 469 shares on 4/18/2024Ownership: 0.000%Hennion & Walsh Asset Management Inc.Bought 1,693 shares on 4/17/2024Ownership: 0.005%Sunbelt Securities Inc.Bought 1,693 shares on 4/15/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions FR Stock Analysis - Frequently Asked Questions Should I buy or sell First Industrial Realty Trust stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FR, but not buy additional shares or sell existing shares. View FR analyst ratings or view top-rated stocks. What is First Industrial Realty Trust's stock price target for 2024? 11 Wall Street analysts have issued 1 year target prices for First Industrial Realty Trust's shares. Their FR share price targets range from $42.00 to $63.00. On average, they anticipate the company's share price to reach $55.30 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View analysts price targets for FR or view top-rated stocks among Wall Street analysts. How have FR shares performed in 2024? First Industrial Realty Trust's stock was trading at $52.67 at the beginning of 2024. Since then, FR shares have decreased by 12.6% and is now trading at $46.03. View the best growth stocks for 2024 here. Are investors shorting First Industrial Realty Trust? First Industrial Realty Trust saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,530,000 shares, a decrease of 19.9% from the March 15th total of 1,910,000 shares. Based on an average daily trading volume, of 1,140,000 shares, the days-to-cover ratio is presently 1.3 days. View First Industrial Realty Trust's Short Interest. When is First Industrial Realty Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024. View our FR earnings forecast. How were First Industrial Realty Trust's earnings last quarter? First Industrial Realty Trust, Inc. (NYSE:FR) released its earnings results on Wednesday, July, 20th. The real estate investment trust reported $0.88 EPS for the quarter, beating the consensus estimate of $0.53 by $0.35. The real estate investment trust earned $130 million during the quarter, compared to analysts' expectations of $127.55 million. First Industrial Realty Trust had a net margin of 44.76% and a trailing twelve-month return on equity of 10.64%. The company's revenue was up 10.7% on a year-over-year basis. During the same quarter last year, the company posted $0.48 EPS. How often does First Industrial Realty Trust pay dividends? What is the dividend yield for First Industrial Realty Trust? First Industrial Realty Trust declared a quarterly dividend on Wednesday, February 7th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.37 per share on Monday, April 15th. This represents a $1.48 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change from the stock's previous quarterly dividend of $0.32. Read our dividend analysis for FR. Is First Industrial Realty Trust a good dividend stock? First Industrial Realty Trust (NYSE:FR) pays an annual dividend of $1.48 per share and currently has a dividend yield of 2.93%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 71.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FR will have a dividend payout ratio of 51.03% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FR. What ETFs hold First Industrial Realty Trust's stock? ETFs with the largest weight of First Industrial Realty Trust (NYSE:FR) stock in their portfolio include iShares MSCI Global Silver and Metals Miners ETF (SLVP), Global X Silver Miners ETF (SIL), ALPS Active REIT ETF (REIT), Amplify Junior Silver Miners ETF (SILJ), Pacer Industrial Real Estate ETF (INDS), Janus Henderson U.S. Real Estate ETF (JRE), SP Funds S&P Global REIT Sharia ETF (SPRE) and Intelligent Real Estate ETF (PRVT). What guidance has First Industrial Realty Trust issued on next quarter's earnings? First Industrial Realty Trust issued an update on its FY 2024 earnings guidance on Wednesday, April, 17th. The company provided earnings per share guidance of 2.550-2.650 for the period, compared to the consensus estimate of 2.610. The company issued revenue guidance of -. What is Bruce W. Duncan's approval rating as First Industrial Realty Trust's CEO? 12 employees have rated First Industrial Realty Trust Chief Executive Officer Bruce W. Duncan on Glassdoor.com. Bruce W. Duncan has an approval rating of 71% among the company's employees. What other stocks do shareholders of First Industrial Realty Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Industrial Realty Trust investors own include Cisco Systems (CSCO), Prologis (PLD), AT&T (T), Verizon Communications (VZ), Realty Income (O), Omega Healthcare Investors (OHI), Pfizer (PFE), Procter & Gamble (PG), Exxon Mobil (XOM) and Mondi (MNDI). Who are First Industrial Realty Trust's major shareholders? First Industrial Realty Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Oak Thistle LLC (0.01%), Kingswood Wealth Advisors LLC (0.01%), Park Avenue Securities LLC (0.01%), Tributary Capital Management LLC (0.01%), Hennion & Walsh Asset Management Inc. (0.00%) and Sunbelt Securities Inc. (0.00%). Insiders that own company stock include Johannson L Yap, Peter Schultz and Scott A Musil. View institutional ownership trends. How do I buy shares of First Industrial Realty Trust? Shares of FR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:FR) was last updated on 4/18/2024 by MarketBeat.com Staff From Our PartnersSHOCKING Crypto Leak…Crypto 101 MediaThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTIBiden replacement revealed?Paradigm PressThe #1 Crypto for 2024InvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop 5 AI Stocks to Buy for 2024Market Moving Trends Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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