First Industrial Realty Trust (FR) Stock Price, News & Analysis

Company Overview

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. Its properties are generally leased to a diverse group of tenants under contracts that can provide recurring rental income. In addition to managing its existing portfolio, the company pursues acquisitions, development projects, redevelopment and property dispositions as part of its real estate strategy.

First Industrial Realty Trust was established in the 1990s and became a publicly traded company in 1994. The company is headquartered in Oak Brook, Illinois, and is led by President and Chief Executive Officer Peter E. Baccile. Its common stock trades on the New York Stock Exchange under the symbol FR.

Key Stats

• Today's Range: $58.91 to $59.66
• 50-Day Range: $58.10 to $65.54
• 52-Week Range: $50.24 to $69.88
• Volume: 828,911 shs
• Average Volume: 1.24 million shs
• Market Capitalization: $7.88 billion
• P/E Ratio: 21.70
• Dividend Yield: 3.36%
• Price Target: $67.43
• Consensus Rating: Moderate Buy

First Industrial Realty Trust Stock Analysis - MarketRank™

First Industrial Realty Trust scored higher than 88% of companies evaluated by MarketBeat, and ranked 24th out of 185 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Industrial Realty Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 1 strong buy rating, 7 buy ratings, 7 hold ratings, and no sell ratings.

Upside Potential

First Industrial Realty Trust has a consensus price target of $67.43, representing about 13.4% upside from its current price of $59.46.

Amount of Analyst Coverage

First Industrial Realty Trust has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.83%

Earnings Growth

Earnings for First Industrial Realty Trust are expected to grow by 8.83% in the coming year, from $3.17 to $3.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Industrial Realty Trust is 21.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Industrial Realty Trust is 21.70, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 27.30.

Price to Book Value per Share Ratio

First Industrial Realty Trust has a P/B Ratio of 2.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.15% of the float of First Industrial Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

First Industrial Realty Trust has a short interest ratio ("days to cover") of 4.14.

Change versus previous month

Short interest in First Industrial Realty Trust has recently increased by 20.28%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

First Industrial Realty Trust pays a meaningful dividend of 3.37%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Industrial Realty Trust has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of First Industrial Realty Trust is 72.99%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Industrial Realty Trust will have a dividend payout ratio of 57.97% next year. This indicates that First Industrial Realty Trust will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.88

News Sentiment

First Industrial Realty Trust has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for First Industrial Realty Trust this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for FR on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

1 people have added First Industrial Realty Trust to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, First Industrial Realty Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.14% of the stock of First Industrial Realty Trust is held by insiders.

Percentage Held by Institutions

99.85% of the stock of First Industrial Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/20 Dividend: 6/30/2026
• Ex-Dividend for 7/20 Dividend: 6/30/2026
• Dividend Payable: 7/20/2026
• Last Earnings: 7/22/2026
• Record date for 10/19 Dividend: 9/30/2026
• Ex-Dividend for 10/19 Dividend: 9/30/2026
• Today: 10/11/2026
• Dividend Payable: 10/19/2026
• Next Earnings (Estimated): 10/21/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: Industrial REITs
• Sub-Industry: Industrial REITs
• Current Symbol: NYSE:FR
• CIK: 921825
• Web: www.firstindustrial.com
• Phone: (312) 344-4300
• Fax: 312-922-6320
• Employees: 152
• Year Founded: 1994

Price Target and Rating

• Average Price Target for First Industrial Realty Trust: $67.43
• High Price Target: $75.00
• Low Price Target: $59.00
• Potential Upside/Downside: +13.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.74
• Trailing P/E Ratio: 21.70
• Forward P/E Ratio: 18.76
• P/E Growth: N/A
• Net Income: $247.44 million
• Net Margins: 47.97%
• Pretax Margin: 47.74%
• Return on Equity: 12.99%
• Return on Assets: 6.41%

Debt

• Debt-to-Equity Ratio: 0.89
• Current Ratio: 1.44
• Quick Ratio: 1.44

Sales & Book Value

• Annual Sales: $727.08 million
• Price / Sales: 10.84
• Cash Flow: $3.38 per share
• Price / Cash Flow: 17.58
• Book Value: $20.83 per share
• Price / Book: 2.85

Miscellaneous

• Outstanding Shares: 132,570,000
• Free Float: 131,062,000
• Market Cap: $7.88 billion
• Optionable: Optionable
• Beta: 1.03