First Industrial Realty Trust (NYSE:FR) Releases FY 2025 Earnings Guidance

First Industrial Realty Trust (NYSE:FR - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.870-2.970 for the period, compared to the consensus EPS estimate of 2.910. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

FR has been the subject of a number of recent research reports. Robert W. Baird increased their target price on First Industrial Realty Trust from $59.00 to $61.00 and gave the stock an "outperform" rating in a report on Wednesday, February 19th. Barclays reissued a "cautious" rating on shares of First Industrial Realty Trust in a report on Tuesday, March 25th. Deutsche Bank Aktiengesellschaft began coverage on shares of First Industrial Realty Trust in a report on Tuesday, January 14th. They issued a "hold" rating and a $52.00 target price on the stock. Scotiabank reduced their price target on shares of First Industrial Realty Trust from $58.00 to $50.00 and set a "sector perform" rating on the stock in a research report on Monday, April 7th. Finally, The Goldman Sachs Group raised shares of First Industrial Realty Trust from a "sell" rating to a "neutral" rating and raised their price objective for the stock from $52.00 to $59.00 in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, First Industrial Realty Trust has an average rating of "Hold" and an average price target of $57.77.

First Industrial Realty Trust Trading Down 4.5 %

FR traded down $2.12 during mid-day trading on Monday, reaching $45.43. The stock had a trading volume of 2,285,620 shares, compared to its average volume of 1,117,605. The firm's fifty day simple moving average is $52.94 and its two-hundred day simple moving average is $52.74. The stock has a market capitalization of $6.01 billion, a P/E ratio of 20.84 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 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 (NYSE:FR - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.02). The firm had revenue of $177.07 million during the quarter, compared to the consensus estimate of $176.98 million. First Industrial Realty Trust had a net margin of 42.94% and a return on equity of 10.64%. On average, equities analysts predict that First Industrial Realty Trust will post 2.89 EPS for the current year.

First Industrial Realty Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 21st. Investors of record on Monday, March 31st will be issued a $0.445 dividend. This is a positive change from First Industrial Realty Trust's previous quarterly dividend of $0.37. This represents a $1.78 annualized dividend and a yield of 3.92%. The ex-dividend date of this dividend is Monday, March 31st. First Industrial Realty Trust's dividend payout ratio is currently 88.12%.

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.