First Industrial Realty Trust (FR) Projected to Post Quarterly Earnings on Wednesday

First Industrial Realty Trust (NYSE:FR) is expected to be announcing its Q2 2025 earnings results after the market closes on Wednesday, July 16th. Analysts expect the company to announce earnings of $0.72 per share and revenue of $176.46 million for the quarter. First Industrial Realty Trust has set its FY 2025 guidance at 2.870-2.970 EPS.

First Industrial Realty Trust (NYSE:FR) last issued its quarterly earnings data on Wednesday, April 16th. The real estate investment trust reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.02). First Industrial Realty Trust had a return on equity of 9.82% and a net margin of 39.04%. The company had revenue of $177.07 million for the quarter, compared to the consensus estimate of $176.98 million. On average, analysts expect First Industrial Realty Trust to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Industrial Realty Trust Stock Performance

First Industrial Realty Trust stock opened at $48.52 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.87. First Industrial Realty Trust has a 1 year low of $40.31 and a 1 year high of $58.17. The company has a market cap of $6.42 billion, a PE ratio of 24.02 and a beta of 1.07. The company’s 50-day moving average is $49.30 and its two-hundred day moving average is $51.07.

First Industrial Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 21st. Investors of record on Monday, June 30th will be given a $0.445 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.67%. First Industrial Realty Trust’s dividend payout ratio is 88.12%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. The Goldman Sachs Group dropped their target price on shares of First Industrial Realty Trust from $59.00 to $51.00 and set a “neutral” rating on the stock in a report on Tuesday, April 22nd. Wall Street Zen cut shares of First Industrial Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, June 21st. Wells Fargo & Company decreased their target price on shares of First Industrial Realty Trust from $57.00 to $54.00 and set an “equal weight” rating for the company in a research note on Monday, May 19th. JPMorgan Chase & Co. cut their price target on First Industrial Realty Trust from $63.00 to $57.00 and set an “overweight” rating for the company in a report on Monday, April 28th. Finally, Royal Bank Of Canada cut their price target on First Industrial Realty Trust from $62.00 to $58.00 and set an “outperform” rating for the company in a report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $55.91.

Institutional Trading of First Industrial Realty Trust

A hedge fund recently raised its stake in First Industrial Realty Trust stock. Goldman Sachs Group Inc. grew its holdings in shares of First Industrial Realty Trust, Inc. (NYSE:FR) by 41.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 839,536 shares of the real estate investment trust’s stock after buying an additional 244,562 shares during the period. Goldman Sachs Group Inc. owned approximately 0.63% of First Industrial Realty Trust worth $45,301,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 99.85% of the company’s stock.

First Industrial Realty Trust Company Profile

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.