Rep. Lisa C. McClain Sells First Industrial Realty Trust, Inc. (NYSE:FR) Stock

Key Points

• Rep. Lisa C. McClain sold shares of First Industrial Realty Trust, Inc. for between $1,001 and $15,000 on August 4th, as disclosed in a filing.
• First Industrial Realty Trust reported strong earnings, with $0.76 EPS for the last quarter, surpassing estimates, and plans to pay a quarterly dividend of $0.445 per share on October 20th.
• Analysts have raised their ratings, with five giving a Buy rating and an average price target of $54.80 for First Industrial Realty Trust's shares.

Representative Lisa C. McClain (R-Michigan) recently sold shares of First Industrial Realty Trust, Inc. NYSE: FR. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in First Industrial Realty Trust stock on August 4th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

First Industrial Realty Trust Price Performance

NYSE:FR opened at $52.01 on Wednesday. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 25.37 and a beta of 1.08. The company has a 50 day moving average price of $50.15 and a 200-day moving average price of $50.14. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.04 and a quick ratio of 1.04. First Industrial Realty Trust, Inc. has a 1-year low of $40.31 and a 1-year high of $58.17.

First Industrial Realty Trust (NYSE:FR - Get Free Report) last announced its earnings results on Wednesday, July 16th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.04. The company had revenue of $180.16 million for the quarter, compared to analysts' expectations of $176.46 million. First Industrial Realty Trust had a net margin of 38.70% and a return on equity of 9.92%. The firm's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.66 EPS. First Industrial Realty Trust has set its FY 2025 guidance at 2.880-2.960 EPS. Equities research analysts forecast that First Industrial Realty Trust, Inc. will post 2.89 EPS for the current year.

First Industrial Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, September 30th. First Industrial Realty Trust's payout ratio is 86.83%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on FR shares. Wall Street Zen raised shares of First Industrial Realty Trust from a "sell" rating to a "hold" rating in a research report on Saturday, July 12th. Scotiabank upped their target price on shares of First Industrial Realty Trust from $51.00 to $54.00 and gave the company a "sector perform" rating in a research report on Wednesday, August 27th. Finally, Mizuho upped their target price on shares of First Industrial Realty Trust from $53.00 to $56.00 and gave the company an "outperform" rating in a research report on Monday, September 8th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $54.80.

Institutional Trading of First Industrial Realty Trust

Large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its stake in shares of First Industrial Realty Trust by 26.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,935 shares of the real estate investment trust's stock worth $536,000 after buying an additional 2,106 shares during the period. GAMMA Investing LLC increased its stake in shares of First Industrial Realty Trust by 55.4% during the first quarter. GAMMA Investing LLC now owns 1,681 shares of the real estate investment trust's stock worth $91,000 after buying an additional 599 shares during the period. Summit Trail Advisors LLC increased its stake in shares of First Industrial Realty Trust by 155.1% during the first quarter. Summit Trail Advisors LLC now owns 10,718 shares of the real estate investment trust's stock worth $583,000 after buying an additional 6,516 shares during the period. SG Americas Securities LLC acquired a new position in First Industrial Realty Trust in the first quarter valued at approximately $481,000. Finally, ProShare Advisors LLC boosted its holdings in First Industrial Realty Trust by 7.3% in the fourth quarter. ProShare Advisors LLC now owns 6,192 shares of the real estate investment trust's stock valued at $310,000 after purchasing an additional 423 shares in the last quarter. 99.85% of the stock is currently owned by hedge funds and other institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.

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