First Industrial Realty Trust Company Profile (NYSE:FR)

About First Industrial Realty Trust

First Industrial Realty Trust logoFirst Industrial Realty Trust, Inc. is a real estate investment trust (REIT). The Trust is a self-administered real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate. The Company owns approximately 590 in-service industrial properties containing approximately 63.6 million square feet of gross leasable area (GLA). The Company's in-services portfolio consists of over 230 light industrial properties; approximately 80 research and development (R&D)/flex properties; approximately 170 bulk warehouse properties, and over 100 regional warehouse properties located in over 20 states. Its in-service portfolio includes all properties other than developed, redeveloped and acquired properties that have not yet reached stabilized occupancy. The Company's operations are conducted primarily through the First Industrial, L.P. (the Operating Partnership), of which the Company is the sole general partner.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Industrial
  • Sub-Industry: Industrial REITs
  • Exchange: NYSE
  • Symbol: FR
  • CUSIP: 32054K10
Key Metrics:
  • Previous Close: $26.45
  • 50 Day Moving Average: $27.18
  • 200 Day Moving Average: $27.41
  • 52-Week Range: $116,918,000.00 - $19.59
  • Trailing P/E Ratio: 21.38
  • Foreward P/E Ratio: 48.09
  • P/E Growth: 2.72
  • Market Cap: $3.09B
  • Outstanding Shares: 116,918,000
  • Beta: 0.96
Profitability:
  • Net Margins: 37.72%
  • Return on Equity: 11.92%
  • Return on Assets: 5.14%
Debt:
  • Debt-to-Equity Ratio: 1.05%
  • Current Ratio: 0.73%
  • Quick Ratio: 0.73%
Additional Links:
Companies Related to First Industrial Realty Trust:

Analyst Ratings

Consensus Ratings for First Industrial Realty Trust (NYSE:FR) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $25.75 (2.65% downside)

Analysts' Ratings History for First Industrial Realty Trust (NYSE:FR)
Show:
DateFirmActionRatingPrice TargetDetails
1/11/2017Robert W. BairdDowngradeOutperform -> Neutral$29.00 -> $28.00View Rating Details
11/16/2016Jefferies Group LLCReiterated RatingHoldView Rating Details
5/3/2016Bank of America CorpUpgradeUnderperform -> NeutralView Rating Details
5/3/2016Stifel NicolausBoost Price TargetBuy$24.00 -> $25.00View Rating Details
2/23/2016Deutsche Bank AGBoost Price TargetBuy$23.00 -> $24.00View Rating Details
9/3/2015Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$23.00View Rating Details
6/26/2015SunTrust Banks, Inc.Reiterated RatingBuy$26.00View Rating Details
5/7/2015BMO Capital MarketsReiterated RatingMarket Perform$20.00 -> $21.00View Rating Details
2/20/2015MLV & Co.Reiterated RatingBuy$23.00 -> $26.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for First Industrial Realty Trust (NYSE:FR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017Q416$0.13$95.04 millionListenView Earnings Details
7/28/2016Q216$0.35$0.36$94.29 million$93.01 millionViewListenView Earnings Details
4/27/2016Q116$0.35$0.35$94.47 million$93.50 millionViewListenView Earnings Details
2/18/2016Q415$0.34$0.37$94.50 million$93.20 millionViewListenView Earnings Details
10/28/2015Q315$0.35$0.35$91.54 million$92.16 millionViewListenView Earnings Details
7/30/2015Q215$0.32$0.35$90.70 millionViewListenView Earnings Details
4/23/2015Q115$0.31$0.31$90.96 million$89.95 millionViewListenView Earnings Details
2/23/2015Q4$0.32$0.32$88.32 million$90.33 millionViewListenView Earnings Details
10/30/2014Q314$0.30$0.32$86.80 million$87.08 millionViewListenView Earnings Details
7/23/2014Q214$0.28$0.28$85.22 millionViewListenView Earnings Details
4/23/2014Q114$0.27$0.24$84.53 million$86.17 millionViewListenView Earnings Details
7/26/2013$0.26$0.27$82.95 million$84.69 millionViewListenView Earnings Details
2/21/2013$0.23$0.23$63.43 million$84.33 millionViewListenView Earnings Details
4/27/2011$0.20$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for First Industrial Realty Trust (NYSE:FR)
Current Year EPS Consensus Estimate: $0.97 EPS
Next Year EPS Consensus Estimate: $0.55 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.33$0.36$0.35
Q2 20163$0.35$0.36$0.36
Q3 20163$0.36$0.37$0.37
Q4 20163$0.37$0.38$0.37
Q1 20171$0.34$0.34$0.34
Q2 20171$0.36$0.36$0.36
Q3 20171$0.36$0.36$0.36
Q4 20171$0.36$0.36$0.36
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Industrial Realty Trust (NYSE:FR)
Annual Dividend:$0.76
Dividend Yield:2.87%
Dividend Growth:39.90% (3 Year Average)
Payout Ratio:61.79% (Based on Trailing 12 Months of Earnings)
78.35% (Based on Current Year Consensus EPS Estimate)
138.18% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for First Industrial Realty Trust (NYSE:FR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/9/2016Quarterly$0.1912/28/201612/30/20161/17/2017
8/3/2016Quarterly$0.199/28/20169/30/201610/17/2016
5/11/2016Quarterly$0.196/28/20166/30/20167/18/2016
2/19/2016Quarterly$0.193/29/20163/31/20164/18/2016
11/12/2015$0.1312/29/201512/31/20151/19/2016
8/6/2015$0.139/28/20159/30/201510/19/2015
5/8/2015quarterly$0.132.5%6/26/20156/30/20157/20/2015
2/23/2015quarterly$0.132.32%3/27/20153/31/20154/20/2015
11/11/2014quarterly$0.102.1%12/29/201412/31/20141/20/2015
8/5/2014quarterly$0.102.31%9/26/20149/30/201410/20/2014
5/7/2014quarterly$0.102.22%6/26/20146/30/20147/21/2014
2/25/2014$0.103/27/20143/31/20144/21/2014
11/12/2013quarterly$0.091.97%12/27/201312/31/20131/21/2014
8/7/2013quarterly$0.092.07%9/26/20139/30/201310/21/2013
5/9/2013quarterly$0.091.85%6/26/20136/28/20137/15/2013
2/22/2013quarterly$0.092.13%3/26/20133/29/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for First Industrial Realty Trust (NYSE:FR)
Insider Ownership Percentage: 1.83%
Institutional Ownership Percentage: 97.32%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/9/2017Bruce W DuncanDirectorSell17,360$28.19$489,378.40View SEC Filing  
11/2/2016H Patrick Hackett JrDirectorSell9,050$25.76$233,128.00View SEC Filing  
3/7/2016Bruce W DuncanCEOSell26,333$22.17$583,802.61View SEC Filing  
2/29/2016Scott A MusilCFOSell13,017$21.55$280,516.35View SEC Filing  
8/14/2015Bruce W DuncanCEOSell64,312$21.11$1,357,626.32View SEC Filing  
12/10/2014Bruce W DuncanCEOSell15,265$20.11$306,979.15View SEC Filing  
12/8/2014Bruce W DuncanCEOSell5,265$20.14$106,037.10View SEC Filing  
12/4/2014Bruce W DuncanCEOSell16,179$20.11$325,359.69View SEC Filing  
11/28/2014Bruce W DuncanCEOSell28,556$20.10$573,975.60View SEC Filing  
11/5/2014Johannson L YapCIOSell15,000$19.84$297,600.00View SEC Filing  
11/4/2014Bruce W DuncanCEOSell40,000$19.82$792,800.00View SEC Filing  
9/3/2014Peter SchultzEVPSell13,302$18.38$244,490.76View SEC Filing  
8/22/2014Peter SchultzEVPSell11,616$18.50$214,896.00View SEC Filing  
8/18/2014Scott A MusilCFOSell6,280$18.39$115,489.20View SEC Filing  
7/29/2014Scott A MusilCFOSell17,326$18.95$328,327.70View SEC Filing  
12/17/2013Johannson YapCIOSell2,000$16.98$33,960.00View SEC Filing  
9/19/2013David HarkerEVPSell12,400$16.85$208,940.00View SEC Filing  
9/10/2013David HarkerEVPSell15,000$15.90$238,500.00View SEC Filing  
8/22/2013Matthew DominskiDirectorBuy7,900$15.09$119,211.00View SEC Filing  
5/20/2013David HarkerEVPSell21,325$18.59$396,431.75View SEC Filing  
2/25/2013Matthew DominskiDirectorBuy9,000$15.61$140,490.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for First Industrial Realty Trust (NYSE:FR)
DateHeadline
News IconPhysicians Realty Trust (NYSE:DOC) Reviewed By Analysts (NYSE:FR)
www.graffiotech.com - February 18 at 4:54 PM
News IconDividend Growth of First Industrial Realty Trust, Inc.(FR) (NYSE:FR)
oakridgeobserver.com - February 17 at 3:51 PM
News IconAre Analysts Optimistic About Where First Industrial Realty Trust, Inc. (NYSE:FR) is Heading? - Winfield Review (NYSE:FR)
winfieldreview.com - February 17 at 8:58 AM
News IconDividend Growth of First Industrial Realty Trust, Inc.(FR) - Highland Mirror (NYSE:FR)
www.highlandmirror.com - February 17 at 8:58 AM
capitalcube.com logoFirst Industrial Realty Trust, Inc. : FR-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:FR)
www.capitalcube.com - February 16 at 5:13 PM
prnewswire.com logoFirst Industrial Realty Trust To Host Fourth Quarter And Full Year 2016 Results Conference Call - PR Newswire (press release) (NYSE:FR)
www.prnewswire.com - February 8 at 4:35 AM
finance.yahoo.com logoFirst Industrial Realty Trust To Host Fourth Quarter And Full Year 2016 Results Conference Call (NYSE:FR)
finance.yahoo.com - February 7 at 6:33 PM
News IconFirst Industrial Realty Trust, Inc (NYSE:FR)
emfizz.com - February 2 at 10:55 PM
News IconEarnings Forecast Research on First Industrial Realty Trust, Inc. (FR) - Morning Outlook (NYSE:FR)
www.morningoutlook.com - February 1 at 10:59 PM
nasdaq.com logoFirst Industrial Realty Trust (FR) Passes Through 3% Yield Mark (NYSE:FR)
www.nasdaq.com - February 1 at 5:57 PM
News IconStocks to Lookout for: Cellectar Biosciences, Inc. (NASDAQ:CLRB), First Industrial Realty Trust Inc. (NYSE:FR) - The Newburgh Press (NYSE:FR)
newburghpress.com - January 30 at 11:59 AM
News IconWhat's Ahead For This Dividend Darling: First Industrial Realty Trust Inc. (NYSE:FR) - Aiken Advocate (NYSE:FR)
aikenadvocate.com - January 30 at 11:59 AM
News IconSell-side Taking Aim at Shares of First Industrial Realty Trust, Inc. (NYSE:FR) - Aiken Advocate (NYSE:FR)
aikenadvocate.com - January 29 at 10:21 PM
News IconOff To a Slow Start in The New Year, Stock Looks For a Turnaround: First Industrial Realty Trust Inc. (NYSE:FR) - Aiken Advocate (NYSE:FR)
aikenadvocate.com - January 28 at 5:27 PM
News IconInvestor Review: Focusing in on Shares of First Industrial Realty Trust Inc. (FR) - Sherwood Daily (NYSE:FR)
sherwooddaily.com - January 28 at 5:27 PM
nasdaq.com logoFirst Industrial Realty Trust Breaks Below 200-Day Moving Average - Notable for FR (NYSE:FR)
www.nasdaq.com - January 28 at 12:02 AM
News IconStock Update on Earnings & Estimates for First Industrial Realty Trust, Inc. (NYSE:FR) - Aiken Advocate (NYSE:FR)
aikenadvocate.com - January 27 at 7:01 PM
nasdaq.com logoRelative Strength Alert For First Industrial Realty Trust - Nasdaq (NYSE:FR)
www.nasdaq.com - January 27 at 7:00 PM
capitalcube.com logoFirst Industrial Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : FR-US : January 27, 2017 (NYSE:FR)
www.capitalcube.com - January 27 at 7:00 PM
News IconAre Analysts Predicting a Near-Term Upswing For First Industrial Realty Trust, Inc. (NYSE:FR)? - Wall Street Beacon (NYSE:FR)
wsbeacon.com - January 26 at 3:23 PM
News IconEarnings in Full Force, Analysts Take Aim at First Industrial Realty Trust, Inc. (NYSE:FR) - Wall Street Beacon (NYSE:FR)
wsbeacon.com - January 26 at 3:23 PM
finance.yahoo.com logoFirst Industrial Realty Trust Reports Tax Treatment of Common Stock Distributions (NYSE:FR)
finance.yahoo.com - January 24 at 10:57 PM
finance.yahoo.com logoREIT Focus: Strong Buy on First Industrial Realty Trust (NYSE:FR)
finance.yahoo.com - January 18 at 5:42 PM
News IconFirms & Funds Reinforcing Their Perception of Federal Realty Investment Trust (NYSE:FRT) (NYSE:FR)
onemma.net - January 18 at 4:01 AM
finance.yahoo.com logoFirst Industrial Realty downgraded by Robert W. Baird (NYSE:FR)
finance.yahoo.com - January 11 at 5:53 PM
News IconReviewing Individual Broker Targets Of First Industrial Realty Trust, Inc. (NYSE:FR) (NYSE:FR)
rawgistafrica.com - January 7 at 4:15 AM
News IconSilver Bay Realty Trust Corp. (NYSE:SBY) Reviewed By Analysts (NYSE:FR)
myhealthbowl.com - December 26 at 11:06 AM
News IconPhysicians Realty Trust (NYSE:DOC) Analyst Recommendation (NYSE:FR)
diariocatolico.net - December 25 at 11:02 AM
News IconBrokerage Firm Target Review on First Industrial Realty Trust, Inc. (NYSE:FR) (NYSE:FR)
vouxmagazine.com - December 25 at 11:02 AM
insidermonkey.com logoFirst Industrial Realty Trust, Inc. (FR): Are Hedge Funds Right About This Stock? (NYSE:FR)
www.insidermonkey.com - December 11 at 10:52 AM
News IconKite Realty Group Trust (NYSE:KRG) Under Analyst Spotlight (NYSE:FR)
myhealthbowl.com - December 4 at 10:48 AM
capitalcube.com logoETFs with exposure to First Industrial Realty Trust, Inc. : December 1, 2016 (NYSE:FR)
www.capitalcube.com - December 1 at 5:25 PM
finance.yahoo.com logoArcView CEO Troy Dayton On Cannabis Going Mainstream, Entering Major Capital Markets (NYSE:FR)
finance.yahoo.com - November 30 at 5:22 PM
capitalcube.com logoFirst Industrial Realty Trust, Inc. breached its 50 day moving average in a Bullish Manner : FR-US : November 30, 2016 (NYSE:FR)
www.capitalcube.com - November 30 at 8:51 AM
News IconFirst Industrial Realty Trust Inc (NYSE:FR)
travelguideforeurope.com - November 19 at 8:31 AM
finance.yahoo.com logoValeo Acquires A 50% Stake In CloudMade (NYSE:FR)
finance.yahoo.com - November 10 at 4:24 PM
finance.yahoo.com logoFirst Industrial Realty Trust Declares Common Stock Dividends (NYSE:FR)
finance.yahoo.com - November 8 at 4:19 PM
capitalcube.com logoFirst Industrial Realty Trust, Inc. :FR-US: Earnings Analysis: Q3, 2016 By the Numbers : November 7, 2016 (NYSE:FR)
www.capitalcube.com - November 7 at 5:08 PM
News IconChanning Capital Management Lowers stake in First Industrial Realty Trust (FR) (NYSE:FR)
mjbstar.com - November 5 at 11:18 AM
nasdaq.com logoFirst Industrial Realty Trust Inc (FR) Passes Through 3% Yield Mark (NYSE:FR)
www.nasdaq.com - November 4 at 8:46 PM
seekingalpha.com logoFirst Industrial Realty Trust, Inc. 2016 Q3 - Results - Earnings Call Slides (NYSE:FR)
seekingalpha.com - October 29 at 5:25 AM
finance.yahoo.com logoEdited Transcript of FR earnings conference call or presentation 28-Oct-16 3:00pm GMT (NYSE:FR)
finance.yahoo.com - October 29 at 5:25 AM
News IconFirst Industrial Realty Trust Reports Third Quarter 2016 Results (NYSE:FR)
ih.advfn.com - October 28 at 4:55 PM
seekingalpha.com logoFirst Industrial Realty Trust's (FR) CEO Bruce Duncan on Q3 2016 Results - Earnings Call Transcript (NYSE:FR)
seekingalpha.com - October 28 at 4:55 PM
sg.finance.yahoo.com logoFirst Industrial Realty Trust reports 3Q results (NYSE:FR)
sg.finance.yahoo.com - October 28 at 8:14 AM
finance.yahoo.com logo2:33 am First Industrial Realty reports in-line results (NYSE:FR)
finance.yahoo.com - October 28 at 8:14 AM
seekingalpha.com logoFirst Industrial Realty Trust FFO in-line, misses on revenue (NYSE:FR)
seekingalpha.com - October 28 at 12:18 AM
feeds.reuters.com logoBRIEF-First Industrial Realty Trust posts Q3 FFO per share $0.37 (NYSE:FR)
feeds.reuters.com - October 27 at 9:52 PM
biz.yahoo.com logoQ3 2016 First Industrial Realty Trust Inc Earnings Release - After Market Close (NYSE:FR)
biz.yahoo.com - October 27 at 9:46 AM
capitalcube.com logoFirst Industrial Realty Trust, Inc. : FR-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 18, 2016 (NYSE:FR)
www.capitalcube.com - October 18 at 5:01 PM

Social

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."

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

First Industrial Realty Trust declared a quarterly dividend on Wednesday, November 9th. Shareholders of record on Friday, December 30th will be given a dividend of $0.19 per share on Tuesday, January 17th. This represents a $0.76 annualized dividend and a dividend yield of 2.87%. The ex-dividend date is Wednesday, December 28th.

Where is First Industrial Realty Trust's stock going? Where will First Industrial Realty Trust's stock price be in 2017?

5 brokerages have issued 12 month price targets for First Industrial Realty Trust's shares. Their predictions range from $24.00 to $28.00. On average, they expect First Industrial Realty Trust's stock price to reach $25.75 in the next year.

When will First Industrial Realty Trust announce their earnings?

First Industrial Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.

Who owns First Industrial Realty Trust stock?

First Industrial Realty Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.59%), Third Avenue Management LLC (1.54%), Dimensional Fund Advisors LP (1.32%), NN Investment Partners Holdings N.V. (1.22%), Waterfront Capital Partners LLC (0.73%) and Guggenheim Capital LLC (0.47%). Company insiders that own First Industrial Realty Trust stock include Bruce W Duncan, H Patrick Hackett Jr and Scott A Musil.

Who sold First Industrial Realty Trust stock? Who is selling First Industrial Realty Trust stock?

First Industrial Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including Third Avenue Management LLC, Asset Management One Co. Ltd., NN Investment Partners Holdings N.V., Franklin Resources Inc., Davis Selected Advisers, Waterfront Capital Partners LLC, Cipher Capital LP and State Board of Administration of Florida Retirement System. Company insiders that have sold First Industrial Realty Trust stock in the last year include Bruce W Duncan, H Patrick Hackett Jr and Scott A Musil.

Who bought First Industrial Realty Trust stock? Who is buying First Industrial Realty Trust stock?

First Industrial Realty Trust's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Guggenheim Capital LLC, Eii Capital Management Inc., Thrivent Financial for Lutherans, Credit Agricole S A, Dimensional Fund Advisors LP, Renaissance Technologies LLC and Pacad Investment Ltd..

How do I buy First Industrial Realty Trust stock?

Shares of First Industrial Realty Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of First Industrial Realty Trust stock cost?

One share of First Industrial Realty Trust stock can currently be purchased for approximately $26.45.

First Industrial Realty Trust (NYSE:FR) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for First Industrial Realty Trust (NYSE:FR)

Earnings History Chart

Earnings by Quarter for First Industrial Realty Trust (NYSE:FR)

Dividend History Chart

Dividend Payments by Quarter for First Industrial Realty Trust (NYSE:FR)

Last Updated on 2/20/2017 by MarketBeat.com Staff