First Industrial Realty Trust (FR) Expected to Announce Earnings on Wednesday

First Industrial Realty Trust (NYSE:FR - Get Free Report) is projected to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 16th. Analysts expect First Industrial Realty Trust to post 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 - 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 firm had revenue of $177.07 million during the quarter, compared to analysts' expectations of $176.98 million. First Industrial Realty Trust had a net margin of 39.04% and a return on equity of 9.82%. 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 Trading Up 1.8%

Shares of FR stock traded up $0.88 during trading hours on Thursday, hitting $49.14. 111,793 shares of the company were exchanged, compared to its average volume of 1,287,664. The firm has a market cap of $6.51 billion, a PE ratio of 24.33 and a beta of 1.07. First Industrial Realty Trust has a 1 year low of $40.31 and a 1 year high of $58.17. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.87. The firm has a fifty day moving average of $49.31 and a 200 day moving average of $51.05.

First Industrial Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 21st. Stockholders of record on Monday, June 30th will be issued a dividend of $0.445 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.78 annualized dividend and a dividend yield of 3.62%. First Industrial Realty Trust's payout ratio is currently 88.12%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Robert W. Baird dropped their target price on shares of First Industrial Realty Trust from $61.00 to $59.00 and set an "outperform" rating for the company in a research report on Tuesday, May 6th. Barclays dropped their target price 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, April 30th. Royal Bank Of Canada dropped their target price on shares of First Industrial Realty Trust from $62.00 to $58.00 and set an "outperform" rating for the company in a research report on Tuesday, April 29th. Wall Street Zen downgraded shares of First Industrial Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, June 21st. Finally, Scotiabank increased their target price on shares of First Industrial Realty Trust from $50.00 to $51.00 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, First Industrial Realty Trust has an average rating of "Hold" and a consensus target price of $55.91.

Institutional Trading of First Industrial Realty Trust

An institutional investor recently raised its position in First Industrial Realty Trust stock. Goldman Sachs Group Inc. increased its stake in First Industrial Realty Trust, Inc. (NYSE:FR - Free Report) by 41.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 about 0.63% of First Industrial Realty Trust worth $45,301,000 at the end of the most recent reporting period. 99.85% of the stock is currently owned by institutional investors.

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.