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

$45.50
-0.33 (-0.72 %)
(As of 02/20/2020 06:04 AM ET)
Today's Range
$45.23
Now: $45.50
$45.88
50-Day Range
$41.13
MA: $43.17
$46.01
52-Week Range
$33.08
Now: $45.50
$46.12
Volume847,800 shs
Average Volume668,456 shs
Market Capitalization$5.78 billion
P/E Ratio24.20
Dividend Yield2.01%
Beta0.7
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. Read More…

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$425.98 million
Cash Flow$2.89 per share
Book Value$14.15 per share

Profitability

Net Income$238.77 million

Miscellaneous

Employees145
Market Cap$5.78 billion
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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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 Wednesday, February 12th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.25 per share on Monday, April 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Monday, March 30th. This is a boost from First Industrial Realty Trust's previous quarterly dividend of $0.23. 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) released its quarterly earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.44 by $0.32. The real estate investment trust had revenue of $110.76 million for the quarter, compared to analyst estimates of $108.51 million. First Industrial Realty Trust had a return on equity of 13.91% and a net margin of 56.05%. First Industrial Realty Trust's revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 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 28th 2020. 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 FY20 earnings guidance on Wednesday, February, 12th. The company provided earnings per share (EPS) guidance of $1.78-1.88 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.83.

What price target have analysts set for FR?

4 equities research analysts have issued 1-year price targets for First Industrial Realty Trust's stock. Their forecasts range from $10.50 to $38.00. On average, they expect First Industrial Realty Trust's share price to reach $30.63 in the next year. This suggests that the stock has a possible downside of 32.7%. View Analyst Price Targets for First Industrial Realty Trust.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Industrial Realty Trust.

Has First Industrial Realty Trust been receiving favorable news coverage?

News articles about FR stock have been trending extremely negative on Thursday, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 daily sentiment score of -4.6 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for First Industrial Realty Trust.

Are investors shorting First Industrial Realty Trust?

First Industrial Realty Trust saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,860,000 shares, an increase of 9.2% from the January 15th total of 2,620,000 shares. Based on an average trading volume of 821,200 shares, the short-interest ratio is currently 3.5 days. Approximately 2.3% of the shares of the stock are sold short. View First Industrial Realty Trust's Current Options Chain.

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

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).

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 Verizon Communications (VZ), Mondi (MNDI), Omega Healthcare Investors (OHI), AT&T (T), AGNC Investment (AGNC), CROWN CASTLE IN/SH SH (CCI), Energy Transfer LP Unit (ET), WP Carey (WPC), Exxon Mobil (XOM) and Cisco Systems (CSCO).

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, CFO, Sr. VP, Treasurer & Assistant Sec. (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 number of of retail and institutional investors. Top institutional investors include State Street Corp (5.54%), Principal Financial Group Inc. (3.25%), Charles Schwab Investment Management Inc. (2.24%), Lasalle Investment Management Securities LLC (1.97%), Bank of New York Mellon Corp (1.56%) and Goldman Sachs Group Inc. (1.35%). 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.

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 AJO LP, State Street Corp, Renaissance Technologies LLC, Principal Financial Group Inc., Panagora Asset Management Inc., Prudential Financial Inc., Bank of America Corp DE and State of Tennessee Treasury Department. 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.

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 Charles Schwab Investment Management Inc., Thrivent Financial for Lutherans, CI Investments Inc., UBS Group AG, Bank of Montreal Can, Green Street Investors LLC, Knights of Columbus Asset Advisors LLC and Lord Abbett & CO. 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, Robinhood, 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 $45.50.

How big of a company is First Industrial Realty Trust?

First Industrial Realty Trust has a market capitalization of $5.78 billion and generates $425.98 million in revenue each year. The real estate investment trust earns $238.77 million in net income (profit) each year or $1.74 on an earnings per share basis. First Industrial Realty Trust employs 145 workers across the globe.View Additional Information About First Industrial Realty Trust.

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:  366 (Vote Outperform)
Underperform Votes:  491 (Vote Underperform)
Total Votes:  857
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 2/20/2020 by MarketBeat.com Staff

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