NYSE:FR First Industrial Realty Trust (FR) Stock Price, News & Analysis → Move Your Money Before May 22 (From Stansberry Research) (Ad) Free FR Stock Alerts $46.00 -0.04 (-0.09%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$45.95▼$46.3650-Day Range$45.59▼$54.8152-Week Range$40.44▼$55.22Volume767,741 shsAverage Volume1.18 million shsMarket Capitalization$6.09 billionP/E Ratio21.20Dividend Yield3.22%Price Target$53.11 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 RatingHold2.18 Rating ScoreUpside/Downside15.1% Upside$53.11 Price TargetShort InterestHealthy1.59% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.91Upright™ Environmental ScoreNews Sentiment0.73Based on 13 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.4.90 out of 5 starsFinance Sector28th out of 864 stocksReal Estate Investment Trusts Industry5th out of 178 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 2.18, and is based on 4 buy ratings, 5 hold ratings, and 2 sell ratings.Amount of Analyst CoverageFirst Industrial Realty Trust has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.59% 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 1.7, 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 increased by 37.25%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldFirst Industrial Realty Trust pays a meaningful dividend of 3.22%, 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 68.20%. 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 3.7 News and Social Media Coverage News SentimentFirst Industrial Realty Trust has a news sentiment score of 0.73. 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 higher news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 13 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 Follows5 people have added First Industrial Realty Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 150% 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 21.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.37.Price to Earnings Ratio vs. SectorThe P/E ratio of First Industrial Realty Trust is 21.27, 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 2.29. 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 Weiss RatingsProtect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.4 simple steps to protect your privacy and money before it’s too late. 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 26, 2024 | msn.comWedbush Downgrades First Industrial Realty Trust (FR)April 26, 2024 | americanbankingnews.comFirst Industrial Realty Trust (NYSE:FR) Price Target Cut to $53.00April 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. April 25, 2024 | msn.comWedbush downgrades First Industrial Realty Trust to NeutralApril 23, 2024 | americanbankingnews.comHead-To-Head Review: First Industrial Realty Trust (NYSE:FR) vs. WPT Industrial Real Estate Investment Trust (OTCMKTS:WPTIF)April 19, 2024 | finance.yahoo.comFirst Industrial Realty Trust, Inc. (NYSE:FR) Q1 2024 Earnings Call TranscriptApril 19, 2024 | money.usnews.comFirst Industrial Realty Trust, Inc.April 19, 2024 | finance.yahoo.comFirst Industrial Realty Trust Inc (FR) (Q1 2024) Earnings Call Transcript Highlights: Key ...April 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. April 19, 2024 | finance.yahoo.comQ1 2024 First Industrial Realty Trust Inc Earnings CallApril 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 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 10, 2024 | finance.yahoo.comThese Top Industrial REITs Have Long Track Records of Dividend GrowthApril 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 DateSee 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 Payable4/15/2024Today4/26/2024Next 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$53.11 High Stock Price Target$60.00 Low Stock Price Target$42.00 Potential Upside/Downside+14.9%Consensus RatingHold Rating Score (0-4)2.18 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.17 Trailing P/E Ratio21.30 Forward P/E Ratio17.71 P/E GrowthN/ANet Income$274.82 million Net Margins45.83% Pretax Margin46.63% Return on Equity10.97% Return on Assets5.57% Debt Debt-to-Equity Ratio0.83 Current Ratio1.25 Quick Ratio1.06 Sales & Book Value Annual Sales$614.03 million Price / Sales9.96 Cash Flow$3.36 per share Price / Cash Flow13.74 Book Value$20.20 per share Price / Book2.29Miscellaneous Outstanding Shares132,340,000Free Float131,097,000Market Cap$6.12 billion OptionableOptionable Beta1.01 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Peter E. Baccile (Age 62)President, CEO & Director Comp: $2.7MMr. Johannson L. Yap (Age 61)Co-Founder, Chief Investment Officer & Executive VP of West Region Comp: $1.7MMr. Scott A. Musil CPA (Age 56)CFO, Senior VP, Treasurer & Assistant Secretary Comp: $1.02MMs. Jennifer E. Matthews Rice (Age 53)General Counsel & Secretary Comp: $765.44kMr. Peter O. Schultz Jr. (Age 61)Executive Vice President of East Region Comp: $1.42MMr. 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:EGPStarwood Property TrustNYSE:STWDAgree RealtyNYSE:ADCAmericold Realty TrustNYSE:COLDView All CompetitorsInsiders & InstitutionsZurcher Kantonalbank Zurich Cantonalbank Sold 6,771 shares on 4/25/2024Ownership: 0.051%Amalgamated BankSold 10,751 shares on 4/23/2024Ownership: 0.055%Louisiana State Employees Retirement SystemBought 900 shares on 4/23/2024Ownership: 0.029%Raymond James Financial Services Advisors Inc.Bought 3,339 shares on 4/23/2024Ownership: 0.022%Fifth Third BancorpSold 738 shares on 4/23/2024Ownership: 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 equities research analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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 analysts have issued twelve-month target prices for First Industrial Realty Trust's shares. Their FR share price targets range from $42.00 to $60.00. On average, they anticipate the company's share price to reach $53.11 in the next year. This suggests a possible upside of 15.1% 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 on January 1st, 2024. Since then, FR stock has decreased by 12.4% and is now trading at $46.16. View the best growth stocks for 2024 here. Are investors shorting First Industrial Realty Trust? First Industrial Realty Trust saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,100,000 shares, an increase of 37.3% from the March 31st total of 1,530,000 shares. Based on an average daily trading volume, of 1,220,000 shares, the short-interest ratio is presently 1.7 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) issued its quarterly earnings data 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 analyst estimates of $127.55 million. First Industrial Realty Trust had a net margin of 45.83% and a trailing twelve-month return on equity of 10.97%. The firm's revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period last year, the company earned $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. Stockholders 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 yield of 3.21%. The ex-dividend date is Wednesday, March 27th. This is an increase 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 3.22%. 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 68.20%. 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 SRH REIT Covered Call ETF (SRHR). What guidance has First Industrial Realty Trust issued on next quarter's earnings? First Industrial Realty Trust updated its FY 2024 earnings guidance on Wednesday, April, 17th. The company provided EPS guidance of 2.550-2.650 for the period, compared to the consensus EPS 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 retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.96%), State of Alaska Department of Revenue (0.18%), Amalgamated Bank (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.05%), Louisiana State Employees Retirement System (0.03%) and State of Michigan Retirement System (0.02%). 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 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithMan Who Predicted 2008: “This Will be Worse.”AltimetryFed launches fourth dollar overhaulStansberry ResearchBiden out June 13; Kamala won’t replace him?Paradigm Press 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. Adding First Industrial Realty Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
