NYSE:FRFirst Industrial Realty Trust Stock Price, Forecast & News

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 (WHO). Since then, FR stock has decreased by 2.2% and is now trading at $33.17. View which stocks have been mosted impacted by Coronavirus.

3 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for First Industrial Realty Trust.

First Industrial Realty Trust is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for First Industrial Realty Trust.

First Industrial Realty Trust, Inc. (NYSE:FR) announced its quarterly earnings data on Wednesday, February, 12th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.32. The real estate investment trust earned $110.76 million during the quarter, compared to analysts' expectations of $108.51 million. First Industrial Realty Trust had a net margin of 56.05% and a return on equity of 13.91%. First Industrial Realty Trust's revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 EPS. View First Industrial Realty Trust's earnings history.

First Industrial Realty Trust announced a quarterly dividend on Wednesday, February 12th. Shareholders 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 annualized dividend and a yield of 3.01%. The ex-dividend date is Monday, March 30th. This is a positive change from First Industrial Realty Trust's previous quarterly dividend of $0.23. View First Industrial Realty Trust's dividend history.

First Industrial Realty Trust updated 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.

3 analysts have issued twelve-month target prices for First Industrial Realty Trust's shares. Their forecasts range from $10.50 to $38.00. On average, they expect First Industrial Realty Trust's stock price to reach $28.83 in the next year. This suggests that the stock has a possible downside of 13.1%. View analysts' price targets for First Industrial Realty Trust.

Headlines about FR stock have trended very negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. First Industrial Realty Trust earned a media sentiment score of -3.3 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 media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutFirst Industrial Realty Trust.

Some companies that are related to First Industrial Realty Trust include Prologis (PLD), Eastgroup Properties (EGP), Terreno Realty (TRNO), Stag Industrial (STAG) 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), AT&T (T), Omega Healthcare Investors (OHI), Mondi (MNDI), Cisco Systems (CSCO), Intel (INTC), CROWN CASTLE IN/SH SH (CCI), Realty Income (O), Prologis (PLD) and WP Carey (WPC).

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

First Industrial Realty Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.05%). 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity 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 $33.17.

First Industrial Realty Trust has a market capitalization of $4.21 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.

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]