Q2 Earnings Estimate for FR Issued By Wedbush

First Industrial Realty Trust, Inc. (NYSE:FR - Free Report) - Equities research analysts at Wedbush issued their Q2 2025 earnings per share estimates for First Industrial Realty Trust in a research report issued on Thursday, April 24th. Wedbush analyst R. Anderson anticipates that the real estate investment trust will post earnings of $0.73 per share 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.

FR has been the subject of several other research reports. Barclays reduced their price target on shares of First Industrial Realty Trust from $56.00 to $52.00 and set an "equal weight" rating for the company in a research report on Wednesday. Robert W. Baird boosted their target price on shares of First Industrial Realty Trust from $59.00 to $61.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 19th. The Goldman Sachs Group dropped their price target on shares of First Industrial Realty Trust from $59.00 to $51.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 22nd. 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 research note on Monday. Finally, Royal Bank of Canada lowered their price objective on First Industrial Realty Trust from $62.00 to $58.00 and set an "outperform" rating for the company in a research note on Tuesday. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, First Industrial Realty Trust currently has a consensus rating of "Moderate Buy" and a consensus target price of $57.08.

First Industrial Realty Trust Stock Down 1.0 %

NYSE:FR traded down $0.48 on Friday, hitting $47.10. The stock had a trading volume of 344,746 shares, compared to its average volume of 1,119,203. The company has a market cap of $6.24 billion, a PE ratio of 21.61 and a beta of 1.07. First Industrial Realty Trust has a 52 week low of $40.31 and a 52 week high of $58.17. The business's fifty day moving average is $51.73 and its 200 day moving average is $52.40. The company has a quick ratio of 1.11, a current ratio of 1.21 and a debt-to-equity ratio of 0.80.

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

First Industrial Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, March 31st were issued a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date was Monday, March 31st. This is an increase from First Industrial Realty Trust's previous quarterly dividend of $0.37. First Industrial Realty Trust's dividend payout ratio (DPR) is 88.12%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bessemer Group Inc. increased its stake in shares of First Industrial Realty Trust by 93.0% during the 1st quarter. Bessemer Group Inc. now owns 467 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 225 shares during the last quarter. Alpine Bank Wealth Management purchased a new stake in First Industrial Realty Trust in the first quarter worth $26,000. Versant Capital Management Inc raised its stake in shares of 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 buying an additional 481 shares during the period. UMB Bank n.a. lifted its holdings in First Industrial Realty Trust by 24.7% during the fourth quarter. UMB Bank n.a. now owns 1,081 shares of the real estate investment trust's stock valued at $54,000 after purchasing an additional 214 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its holdings in First Industrial Realty Trust by 200.8% in the 4th quarter. Venturi Wealth Management LLC now owns 1,119 shares of the real estate investment trust's stock worth $56,000 after buying an additional 747 shares during the period. 99.85% of the stock is currently owned by hedge funds and other institutional investors.

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.