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

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

First Industrial Realty Trust announced a quarterly dividend on Tuesday, November 5th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.23 per share on Tuesday, January 21st. This represents a $0.92 annualized dividend and a yield of 2.17%. The ex-dividend date is Monday, December 30th. View First Industrial Realty Trust's Dividend History.

First Industrial Realty Trust, Inc. (NYSE:FR) announced its quarterly earnings results on Wednesday, October, 23rd. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.19. The real estate investment trust had revenue of $106.59 million for the quarter, compared to the consensus estimate of $106.81 million. First Industrial Realty Trust had a return on equity of 11.43% and a net margin of 45.86%. The company's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company earned $0.40 EPS. View First Industrial Realty Trust's Earnings History.

First Industrial Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for First Industrial Realty Trust.

First Industrial Realty Trust updated its FY19 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share (EPS) guidance of $1.71-1.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.72.

6 analysts have issued 12 month price targets for First Industrial Realty Trust's shares. Their forecasts range from $8.50 to $38.00. On average, they expect First Industrial Realty Trust's share price to reach $30.13 in the next year. This suggests that the stock has a possible downside of 28.8%. View Analyst Price Targets 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 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Industrial Realty Trust.

News articles about FR stock have been trending extremely positive on Sunday, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Industrial Realty Trust earned a media sentiment score of 5.0 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for First Industrial Realty Trust.

First Industrial Realty Trust saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,280,000 shares, an increase of 15.2% from the September 30th total of 1,980,000 shares. Based on an average daily volume of 678,000 shares, the short-interest ratio is presently 3.4 days. Currently, 1.8% of the company's stock are short sold. View First Industrial Realty Trust's Current Options Chain.

Some companies that are related to First Industrial Realty Trust include Prologis (PLD), Eastgroup Properties (EGP), Stag Industrial (STAG), Terreno Realty (TRNO) and Monmouth R.E. Inv. (MNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Industrial Realty Trust investors own include Verizon Communications (VZ), Mondi (MNDI), Omega Healthcare Investors (OHI), AT&T (T), CROWN CASTLE IN/SH SH (CCI), Energy Transfer LP Unit (ET), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Realty Income (O) and Store Capital (STOR).

First Industrial Realty Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (6.04%), Voya Investment Management LLC (0.38%), Rhumbline Advisers (0.36%), Chartwell Investment Partners LLC (0.32%), Eagle Asset Management Inc. (0.29%) and Parametric Portfolio Associates LLC (0.25%). Company insiders that own First Industrial Realty Trust stock include Bruce W Duncan, H Patrick Hackett Jr, Johannson L Yap, Peter Schultz and Scott A Musil. View Institutional Ownership Trends for First Industrial Realty Trust.

FR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Voya Investment Management LLC, Barclays PLC, Eagle Asset Management Inc., Russell Investments Group Ltd., State of Alaska Department of Revenue, Stephens Inc. AR and State Street Corp. 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 for First Industrial Realty Trust.

FR stock was acquired by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Lisanti Capital Growth LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Boston Advisors LLC, Squarepoint Ops LLC, Chicago Equity Partners LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of FR stock can currently be purchased for approximately $42.31.

First Industrial Realty Trust has a market capitalization of $5.37 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. First Industrial Realty Trust employs 145 workers across the globe.View Additional Information About First Industrial Realty Trust.

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

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]