What is Wedbush’s Forecast for FR Q2 Earnings?

First Industrial Realty Trust, Inc. (NYSE:FR) – Equities research analysts at Wedbush issued their Q2 2025 EPS estimates for First Industrial Realty Trust in a note issued to investors on Thursday, April 24th. Wedbush analyst R. Anderson anticipates that the real estate investment trust will post earnings per share of $0.73 for the quarter. The consensus estimate for First Industrial Realty Trust’s current full-year earnings is $2.89 per share. Wedbush also issued estimates for First Industrial Realty Trust’s Q3 2025 earnings at $0.76 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $2.96 EPS and FY2026 earnings at $3.14 EPS.

First Industrial Realty Trust (NYSE:FR) last posted its quarterly earnings results on Wednesday, April 16th. The real estate investment trust reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.02). The company had revenue of $177.07 million during the quarter, compared to analyst estimates of $176.98 million. First Industrial Realty Trust had a return on equity of 10.64% and a net margin of 42.94%.

FR has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft began coverage on shares of First Industrial Realty Trust in a research note on Tuesday, January 14th. They set a “hold” rating and a $52.00 price target on the stock. The Goldman Sachs Group decreased their price target on First Industrial Realty Trust from $59.00 to $51.00 and set a “neutral” rating for the company in a research note on Tuesday. Robert W. Baird raised their price objective on First Industrial Realty Trust from $59.00 to $61.00 and gave the company an “outperform” rating in a research note on Wednesday, February 19th. Scotiabank decreased their target price on First Industrial Realty Trust from $58.00 to $50.00 and set a “sector perform” rating for the company in a research report on Monday, April 7th. Finally, Barclays reissued a “cautious” rating on shares of First Industrial Realty Trust in a research report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $57.83.

First Industrial Realty Trust Trading Down 0.7 %

NYSE:FR opened at $47.29 on Friday. The company has a market capitalization of $6.26 billion, a P/E ratio of 21.69 and a beta of 1.07. The stock’s 50 day moving average price is $52.06 and its 200 day moving average price is $52.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.11 and a current ratio of 1.21. First Industrial Realty Trust has a 52 week low of $40.31 and a 52 week high of $58.17.

First Industrial Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, March 31st were paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 3.76%. This is a positive change from First Industrial Realty Trust’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Monday, March 31st. First Industrial Realty Trust’s payout ratio is currently 88.12%.

Institutional Trading of First Industrial Realty Trust

Hedge funds have recently modified their holdings of the company. Bessemer Group Inc. raised its stake in shares of First Industrial Realty Trust by 93.0% in the first quarter. Bessemer Group Inc. now owns 467 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 225 shares in the last quarter. Alpine Bank Wealth Management bought a new position in shares of First Industrial Realty Trust during the 1st quarter worth about $26,000. Versant Capital Management Inc increased its stake in First Industrial Realty Trust by 92.5% in the fourth quarter. Versant Capital Management Inc now owns 1,001 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 481 shares during the period. UMB Bank n.a. raised its position in First Industrial Realty Trust by 24.7% in the fourth quarter. UMB Bank n.a. now owns 1,081 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 214 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in First Industrial Realty Trust by 200.8% during the fourth quarter. Venturi Wealth Management LLC now owns 1,119 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 747 shares during the period. Institutional investors own 99.85% of the company’s stock.

About First Industrial Realty Trust

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.