NYSE:FR

First Industrial Realty Trust Stock Forecast, Price & News

$52.00
-1.29 (-2.42 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$51.94
$53.17
50-Day Range
$47.03
$53.91
52-Week Range
$36.11
$53.92
Volume1.87 million shs
Average Volume1.04 million shs
Market Capitalization$6.71 billion
P/E Ratio30.77
Dividend Yield2.03%
Beta0.86
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First Industrial Realty Trust logo

About First Industrial Realty Trust

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.

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MarketRank

Overall MarketRank

2.01 out of 5 stars

Finance Sector

217th out of 1,971 stocks

Real Estate Investment Trusts Industry

46th out of 275 stocks

Analyst Opinion: 2.3Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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First Industrial Realty Trust (NYSE:FR) Frequently Asked Questions

Is First Industrial Realty Trust a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" First Industrial Realty Trust stock.
View analyst ratings for First Industrial Realty Trust
or view top-rated stocks.

What stocks does MarketBeat like better than First Industrial Realty Trust?

Wall Street analysts have given First Industrial Realty Trust a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Industrial Realty Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting First Industrial Realty Trust?

First Industrial Realty Trust saw a decrease in short interest during the month of May. As of May 28th, there was short interest totaling 2,220,000 shares, a decrease of 19.3% from the May 13th total of 2,750,000 shares. Based on an average daily trading volume, of 1,060,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.8% of the company's stock are short sold.
View First Industrial Realty Trust's Short Interest
.

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

First Industrial Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for First Industrial Realty Trust
.

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

First Industrial Realty Trust, Inc. (NYSE:FR) issued its earnings results on Tuesday, April, 20th. The real estate investment trust reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. The real estate investment trust had revenue of $116.50 million for the quarter, compared to the consensus estimate of $112.68 million. First Industrial Realty Trust had a net margin of 47.92% and a trailing twelve-month return on equity of 11.43%. The firm's revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 EPS.
View First Industrial Realty Trust's earnings history
.

How has First Industrial Realty Trust's stock price been impacted by COVID-19 (Coronavirus)?

First Industrial Realty Trust's stock was trading at $33.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FR stock has increased by 53.3% and is now trading at $52.00.
View which stocks have been most impacted by COVID-19
.

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 Wednesday, May 5th. Investors of record on Wednesday, June 30th will be given a dividend of $0.27 per share on Monday, July 19th. This represents a $1.08 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Tuesday, June 29th.
View First Industrial Realty Trust's dividend history
.

Is First Industrial Realty Trust a good dividend stock?

First Industrial Realty Trust pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.03%. First Industrial Realty Trust has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of First Industrial Realty Trust is 58.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Industrial Realty Trust will have a dividend payout ratio of 52.94% next year. This indicates that First Industrial Realty Trust will be able to sustain or increase its dividend.
View First Industrial Realty Trust's dividend history.

What guidance has First Industrial Realty Trust issued on next quarter's earnings?

First Industrial Realty Trust updated its FY 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share guidance of 1.850-1.950 for the period. The company issued revenue guidance of -.

What price target have analysts set for FR?

8 analysts have issued 1 year price objectives for First Industrial Realty Trust's shares. Their forecasts range from $19.50 to $58.00. On average, they expect First Industrial Realty Trust's stock price to reach $47.36 in the next twelve months. This suggests that the stock has a possible downside of 8.9%.
View analysts' price targets for First Industrial Realty Trust
or view top-rated stocks among Wall Street analysts.

Who are First Industrial Realty Trust's key executives?

First Industrial Realty Trust's management team includes the following people:
  • Mr. Peter E. Baccile, Pres, CEO & Director (Age 59, Pay $2.71M)
  • Mr. Johannson L. Yap, Co-Founder, Chief Investment Officer & Exec. VP of West Region (Age 58, Pay $1.35M)
  • Mr. Scott A. Musil, CFO, Sr. VP, Treasurer & Assistant Sec. (Age 53, Pay $824.13k)
  • Mr. David G. Harker, Exec. VP of Central Region (Age 62, Pay $832.6k)
  • Mr. Peter O. Schultz Jr., Exec. VP of East Region (Age 58, Pay $759.3k)
  • Mr. Christopher M. Schneider CPA, Sr. VP of Operations & Chief Information Officer
  • Ms. Sara E. Niemiec, Chief Accounting Officer
  • Mr. Arthur J. Harmon, VP of Investor Relations & Marketing
  • Ms. Jennifer Matthews Rice, Gen. Counsel & Sec. (Age 50)
  • Ms. Brenda Smith, VP of HR

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

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

Who are some of First Industrial Realty Trust's key competitors?

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), The 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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.38%), Principal Financial Group Inc. (4.77%), Blackstone Group Inc. (4.68%), Long Pond Capital LP (2.54%), Centersquare Investment Management LLC (2.44%) and Ameriprise Financial Inc. (2.36%). Company insiders that own First Industrial Realty Trust stock include Johannson L Yap, Peter Schultz and Scott A Musil.
View institutional ownership trends for First Industrial Realty Trust
.

Which institutional investors are selling First Industrial Realty Trust stock?

FR stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Lasalle Investment Management Securities LLC, Man Group plc, Canada Pension Plan Investment Board, and Morgan Stanley. Company insiders that have sold First Industrial Realty Trust company stock in the last year include Johannson L Yap, Peter Schultz, and Scott A Musil.
View insider buying and selling activity for First Industrial Realty Trust
or view top insider-selling stocks.

Which institutional investors are buying First Industrial Realty Trust stock?

FR stock was purchased by a variety of institutional investors in the last quarter, including Blackstone Group Inc., Long Pond Capital LP, Baillie Gifford & Co., Principal Financial Group Inc., Eaton Vance Management, Geode Capital Management LLC, Victory Capital Management Inc., and BlackRock Inc..
View insider buying and selling activity for First Industrial Realty Trust
or or view top insider-buying stocks.

How do I buy shares of First Industrial Realty Trust?

Shares of FR 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 $52.00.

How much money does First Industrial Realty Trust make?

First Industrial Realty Trust has a market capitalization of $6.71 billion and generates $448.03 million in revenue each year. The real estate investment trust earns $195.99 million in net income (profit) each year or $1.84 on an earnings per share basis.

How many employees does First Industrial Realty Trust have?

First Industrial Realty Trust employs 153 workers across the globe.

When was First Industrial Realty Trust founded?

First Industrial Realty Trust was founded in 1994.

What is First Industrial Realty Trust's official website?

The official website for First Industrial Realty Trust is www.firstindustrial.com.

Where are First Industrial Realty Trust's headquarters?

First Industrial Realty Trust is headquartered at 1 N. Wacker Drive Suite 4200, CHICAGO IL, 60606.

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 real estate investment trust can be reached via phone at 312-344-4300 or via email at [email protected]


This page was last updated on 6/20/2021 by MarketBeat.com Staff
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