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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
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Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities

First Industrial Realty Trust - FR Stock Forecast, Price & News

$54.94
+0.89 (+1.65%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
$54.50
$55.51
50-Day Range
$47.64
$54.94
52-Week Range
$42.91
$65.92
Volume
874,324 shs
Average Volume
938,115 shs
Market Capitalization
$7.26 billion
P/E Ratio
18.56
Dividend Yield
2.21%
Price Target
$61.14

First Industrial Realty Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
11.3% Upside
$61.14 Price Target
Short Interest
Healthy
2.25% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.91
Upright™ Environmental Score
News Sentiment
1.72mentions of First Industrial Realty Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.67%
From $2.25 to $2.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Finance Sector

194th out of 879 stocks

Real Estate Investment Trusts Industry

38th out of 190 stocks

FR stock logo

About First Industrial Realty Trust (NYSE:FR) Stock

First Industrial Realty Trust, Inc. operates as a real estate investment trust. It engages in the ownership, management, acquisition, sale, development and redevelopment of industrial real estate. The firm product portfolio includes bulk warehouse, regional warehouse, R&D/flex, and light industrial properties. The company was founded by Johannson L. Yap, Robert L. Denton, Sr., and Jay H. Shidler on August 10, 1993, and is headquartered in Chicago, IL.

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FR Stock News Headlines

7 REITs That Will Be Big Winners in 2023
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
REITs gain this week on optimism surrounding Q3 results
First Industrial Realty Trust earnings: here's what Wall Street expects
First Industrial Realty Trust Q3 2022 Earnings Preview
Upcoming Dividend Run For FR?
Earnings Outlook For First Industrial Realty
See More Headlines
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FR Company Calendar

Last Earnings
7/20/2022
Ex-Dividend for 1/17 Dividend
12/29/2022
Dividend Payable
1/17/2023
Today
2/03/2023
Next Earnings (Confirmed)
2/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Industrial REITs
Sector
Finance
CUSIP
32054K10
Employees
162
Year Founded
1994

Price Target and Rating

Average Stock Price Forecast
$61.14
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
+11.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$271 million
Pretax Margin
62.60%

Debt

Sales & Book Value

Annual Sales
$476.29 million
Cash Flow
$3.27 per share
Book Value
$17.26 per share

Miscellaneous

Free Float
131,408,000
Market Cap
$7.26 billion
Optionable
Optionable
Beta
0.99

Social Links


Key Executives

  • Peter E. Baccile
    President, Chief Executive Officer & Director
  • Christopher M. Schneider
    Chief Information Officer & Senior VP-Operations
  • Scott A. MusilScott A. Musil
    Chief Financial Officer
  • Johannson L. YapJohannson L. Yap
    Chief Investment Officer
  • Donald Stoffle
    Executive Director-Dispositions













FR Stock - Frequently Asked Questions

Should I buy or sell First Industrial Realty Trust stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FR shares.
View FR analyst ratings
or view top-rated stocks.

What is First Industrial Realty Trust's stock price forecast for 2023?

4 Wall Street analysts have issued 1-year price targets for First Industrial Realty Trust's shares. Their FR share price forecasts range from $55.00 to $75.00. On average, they predict the company's stock price to reach $61.14 in the next year. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for FR
or view top-rated stocks among Wall Street analysts.

How have FR shares performed in 2023?

First Industrial Realty Trust's stock was trading at $48.26 on January 1st, 2023. Since then, FR shares have increased by 13.8% and is now trading at $54.94.
View the best growth stocks for 2023 here
.

Are investors shorting First Industrial Realty Trust?

First Industrial Realty Trust saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 2,660,000 shares, an increase of 8.6% from the December 15th total of 2,450,000 shares. Based on an average daily volume of 1,070,000 shares, the short-interest ratio is presently 2.5 days.
View First Industrial Realty Trust's Short Interest
.

When is First Industrial Realty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our FR earnings forecast
.

How can I listen to First Industrial Realty Trust's earnings call?

First Industrial Realty Trust will be holding an earnings conference call on Thursday, February 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "2969465".

How were First Industrial Realty Trust's earnings last quarter?

First Industrial Realty Trust, Inc. (NYSE:FR) announced its earnings results on Wednesday, July, 20th. The real estate investment trust reported $0.88 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.35. The real estate investment trust had revenue of $130 million for the quarter, compared to analyst estimates of $127.55 million. First Industrial Realty Trust had a trailing twelve-month return on equity of 16.70% and a net margin of 75.75%. The company's quarterly revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.48 earnings per share.

How often does First Industrial Realty Trust pay dividends? What is the dividend yield for First Industrial Realty Trust?

First Industrial Realty Trust announced a quarterly dividend on Tuesday, November 1st. Investors of record on Saturday, December 31st will be paid a dividend of $0.295 per share on Tuesday, January 17th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date is Thursday, December 29th.
Read our dividend analysis for FR
.

Is First Industrial Realty Trust a good dividend stock?

First Industrial Realty Trust (NYSE:FR) pays an annual dividend of $1.18 per share and currently has a dividend yield of 2.21%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 39.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FR will have a dividend payout ratio of 49.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FR.

What is Bruce W. Duncan's approval rating as First Industrial Realty Trust's CEO?

12 employees have rated First Industrial Realty Trust Chief Executive Officer Bruce W. Duncan on Glassdoor.com. Bruce W. Duncan has an approval rating of 71% among the company's employees.

What other stocks do shareholders of First Industrial Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Industrial Realty Trust investors own include Cisco Systems (CSCO), Prologis (PLD), AT&T (T), Verizon Communications (VZ), Realty Income (O), Omega Healthcare Investors (OHI), Pfizer (PFE), Procter & Gamble (PG), Exxon Mobil (XOM) and Mondi (MNDI).

What is First Industrial Realty Trust's stock symbol?

First Industrial Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "FR."

Who are First Industrial Realty Trust's major shareholders?

First Industrial Realty Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Lasalle Investment Management Securities LLC (0.92%), Sumitomo Mitsui Trust Holdings Inc. (0.90%), Artemis Investment Management LLP (0.62%), Baillie Gifford & Co. (0.55%), National Bank of Canada FI (0.20%) and Strs Ohio (0.19%). Insiders that own company stock include Johannson L Yap, Peter Schultz and Scott A Musil.
View institutional ownership trends
.

How do I buy shares of First Industrial Realty Trust?

Shares of FR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Industrial Realty Trust's stock price today?

One share of FR stock can currently be purchased for approximately $54.94.

How much money does First Industrial Realty Trust make?

First Industrial Realty Trust (NYSE:FR) has a market capitalization of $7.26 billion and generates $476.29 million in revenue each year. The real estate investment trust earns $271 million in net income (profit) each year or $2.96 on an earnings per share basis.

How many employees does First Industrial Realty Trust have?

The company employs 162 workers across the globe.

How can I contact First Industrial Realty Trust?

First Industrial Realty Trust's mailing address is 1 N. Wacker Drive Suite 4200, CHICAGO IL, 60606. The official website for the company is www.firstindustrial.com. The real estate investment trust can be reached via phone at (312) 344-4300, via email at ir@firstindustrial.com, or via fax at 312-922-6320.

This page (NYSE:FR) was last updated on 2/3/2023 by MarketBeat.com Staff