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

Key Points

• Q3 2026 earnings are expected after market close on October 21. Analysts forecast earnings of $0.4735 per share and revenue of $196.29 million, while management’s full-year EPS guidance is $3.12–$3.20.
• In the prior quarter, First Industrial Realty Trust reported $0.58 EPS, missing estimates of $0.80, though revenue rose 8.2% year over year to $194.94 million.
• The REIT declared a quarterly dividend of $0.50 per share, equivalent to $2.00 annually and a 3.3% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $67.43.

First Industrial Realty Trust (NYSE:FR - Get Free Report) is projected to post its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to post earnings of $0.4735 per share and revenue of $196.29 million for the quarter. First Industrial Realty Trust has set its FY 2026 guidance at 3.120-3.200 EPS. Interested persons may review the information on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

First Industrial Realty Trust (NYSE:FR - Get Free Report) last released its earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.58 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.22). The firm had revenue of $194.94 million during the quarter, compared to analyst estimates of $195.81 million. First Industrial Realty Trust had a net margin of 47.97% and a return on equity of 12.99%. The firm's quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the business posted $0.76 earnings per share. On average, analysts expect First Industrial Realty Trust to post $3.17 EPS for the current fiscal year and $3.45 EPS for the next fiscal year.

First Industrial Realty Trust Trading Down 0.2%

FR stock opened at $59.90 on Wednesday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.89. First Industrial Realty Trust has a twelve month low of $51.02 and a twelve month high of $69.88. The company has a market cap of $7.94 billion, a P/E ratio of 19.82 and a beta of 1.03. The business has a fifty day moving average of $61.64 and a 200-day moving average of $62.33.

First Industrial Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 19th. Investors of record on Wednesday, September 30th will be issued a $0.50 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. First Industrial Realty Trust's dividend payout ratio (DPR) is currently 72.99%.

Wall Street Analysts Forecast Growth

FR has been the subject of a number of research reports. Wells Fargo & Company lifted their price objective on First Industrial Realty Trust from $61.00 to $66.00 and gave the stock an "equal weight" rating in a research report on Tuesday, September 1st. Barclays upped their target price on shares of First Industrial Realty Trust from $64.00 to $69.00 and gave the company an "equal weight" rating in a research report on Thursday, July 16th. Royal Bank Of Canada raised their target price on shares of First Industrial Realty Trust from $68.00 to $75.00 and gave the company an "outperform" rating in a research note on Monday, August 3rd. Truist Financial raised their target price on shares of First Industrial Realty Trust from $67.00 to $73.00 and gave the company a "buy" rating in a research note on Monday, July 27th. Finally, Citigroup lifted their price target on shares of First Industrial Realty Trust from $63.00 to $72.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $67.43.

About First Industrial Realty Trust

First Industrial Realty Trust, Inc is a self-administered and self-managed real estate investment trust that owns, operates, acquires, develops and manages industrial properties in the United States. The company focuses primarily on warehouse, distribution, logistics and light industrial facilities that serve manufacturers, distributors, retailers and other businesses.

First Industrial's portfolio is concentrated in major logistics and industrial markets, including locations near population centers, transportation infrastructure and key distribution hubs.

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