NYSE:FR - First Industrial Realty Trust Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$34.50 -0.07 (-0.20 %)
(As of 03/25/2019 10:26 AM ET)
Previous Close$34.57
Today's Range$34.41 - $34.54
52-Week Range$27.30 - $35.21
Volume2,458 shs
Average Volume666,881 shs
Market Capitalization$4.37 billion
P/E Ratio21.54
Dividend Yield2.52%
Beta0.76
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 64.7 million square feet of industrial space as of September 30, 2018.

Receive FR News and Ratings via Email

Sign-up to receive the latest news and ratings for FR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
CUSIP32054K10
Phone312-344-4300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$403.95 million
Cash Flow$2.2772 per share
Book Value$13.30 per share

Profitability

Net Income$163.23 million

Miscellaneous

EmployeesN/A
Market Cap$4.37 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

First Industrial Realty Trust (NYSE:FR) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, February 14th. Investors of record on Friday, March 29th will be paid a dividend of $0.23 per share on Monday, April 15th. This represents a $0.92 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Thursday, March 28th. This is a positive change from First Industrial Realty Trust's previous quarterly dividend of $0.22. View First Industrial Realty Trust's Dividend History.

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

First Industrial Realty Trust, Inc. (NYSE:FR) posted its quarterly earnings data on Wednesday, February, 13th. The real estate investment trust reported $0.42 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.01. The real estate investment trust earned $105.08 million during the quarter, compared to the consensus estimate of $103.07 million. First Industrial Realty Trust had a return on equity of 10.07% and a net margin of 40.41%. The company's quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 EPS. View First Industrial Realty Trust's Earnings History.

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

First Industrial Realty Trust is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for First Industrial Realty Trust.

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

First Industrial Realty Trust issued an update on its FY19 earnings guidance on Wednesday, February, 13th. The company provided earnings per share (EPS) guidance of $1.64-1.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.68.

What price target have analysts set for FR?

6 brokers have issued 12-month target prices for First Industrial Realty Trust's stock. Their predictions range from $8.50 to $38.00. On average, they anticipate First Industrial Realty Trust's share price to reach $29.1250 in the next year. This suggests that the stock has a possible downside of 15.6%. View Analyst Price Targets for First Industrial Realty Trust.

What is the consensus analysts' recommendation for First Industrial Realty Trust?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Industrial Realty Trust.

Has First Industrial Realty Trust been receiving favorable news coverage?

Press coverage about FR stock has trended positive this week, InfoTrie reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Industrial Realty Trust earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

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 Omega Healthcare Investors (OHI), Verizon Communications (VZ), Apple Hospitality REIT (APLE), MONDI/PAR VTG FPD 0.2 (MNDI), AT&T (T), Exxon Mobil (XOM), WP Carey (WPC), National Retail Properties (NNN), Energy Transfer LP Unit (ET) and General Electric (GE).

Who are First Industrial Realty Trust's key executives?

First Industrial Realty Trust's management team includes the folowing people:
  • Mr. Peter E. Baccile, Pres, CEO & Director (Age 57)
  • Mr. Johannson L. Yap, Co-Founder, Chief Investment Officer & Exec. VP of West Region (Age 56)
  • Mr. Scott A. Musil, Chief Financial Officer (Age 51)
  • Mr. David G. Harker, Exec. VP of Central Region (Age 60)
  • Mr. Peter O. Schultz Jr., Exec. VP of East Region (Age 56)

Who are First Industrial Realty Trust's major shareholders?

First Industrial Realty Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.24%), Principal Financial Group Inc. (3.31%), Northern Trust Corp (2.58%), Bank of New York Mellon Corp (1.84%), Macquarie Group Ltd. (1.82%) and Dimensional Fund Advisors LP (1.53%). Company insiders that own First Industrial Realty Trust stock include Bruce W Duncan, David Harker, H Patrick Hackett Jr, 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 Two Sigma Investments LP, Lasalle Investment Management Securities LLC, Northern Trust Corp, London Co. of Virginia, SG Americas Securities LLC, Principal Financial Group Inc., LDR Capital Management LLC and Bank of New York Mellon Corp. Company insiders that have sold First Industrial Realty Trust company stock in the last year include Bruce W Duncan, H Patrick Hackett Jr, Johannson L Yap, Peter Schultz and Scott A Musil. View Insider Buying and Selling for First Industrial Realty Trust.

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 Norges Bank, Oregon Public Employees Retirement Fund, Macquarie Group Ltd., Millennium Management LLC, BlackRock Inc., Bank of America Corp DE, Rhumbline Advisers and Geode Capital Management LLC. View Insider Buying and Selling for First Industrial Realty Trust.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

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

One share of FR stock can currently be purchased for approximately $34.50.

How big of a company is First Industrial Realty Trust?

First Industrial Realty Trust has a market capitalization of $4.37 billion and generates $403.95 million in revenue each year. The real estate investment trust earns $163.23 million in net income (profit) each year or $1.60 on an earnings per share basis.

What is First Industrial Realty Trust's official website?

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

How can I contact First Industrial Realty Trust?

First Industrial Realty Trust's mailing address is 1N.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]


MarketBeat Community Rating for First Industrial Realty Trust (NYSE FR)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  318 (Vote Outperform)
Underperform Votes:  440 (Vote Underperform)
Total Votes:  758
MarketBeat's community ratings are surveys of what our community members think about First Industrial Realty Trust and other stocks. Vote "Outperform" if you believe FR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel