NYSE:FR First Industrial Realty Trust Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding First Industrial Realty Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $48.49 +1.01 (+2.13%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$47.53▼$48.6750-Day Range$46.13▼$63.7252-Week Range$45.79▼$66.74Volume1.07 million shsAverage Volume966,202 shsMarket Capitalization$6.40 billionP/E Ratio25.93Dividend Yield2.49%Price Target$52.03 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability First Industrial Realty Trust Stock Forecast (MarketRank)Analyst RatingModerate Buy2.75 Rating ScoreUpside/Downside7.3% Upside$52.03 Price TargetShort InterestHealthy1.96% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.91Upright™ Environmental ScoreNews Sentiment0.35Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth8.80%From $2.16 to $2.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.01 out of 5 starsFinance Sector461st out of 1,394 stocksReal Estate Investment Trusts Industry98th out of 235 stocks 1.4 Analyst's Opinion Consensus RatingFirst Industrial Realty Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.03, First Industrial Realty Trust has a forecasted upside of 7.3% from its current price of $48.49.Amount of Analyst CoverageFirst Industrial Realty Trust has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.96% of the float of First Industrial Realty Trust has been sold short.Short Interest Ratio / Days to CoverFirst Industrial Realty Trust has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Industrial Realty Trust has recently decreased by 11.39%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldFirst Industrial Realty Trust pays a meaningful dividend of 2.49%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Industrial Realty Trust has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of First Industrial Realty Trust is 63.10%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Industrial Realty Trust will have a dividend payout ratio of 50.21% next year. This indicates that First Industrial Realty Trust will be able to sustain or increase its dividend. Previous Next 2.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Industrial Realty Trust has received a 32.28% net impact score from Upright. First Industrial Realty seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Real estate funds investing in industrial, logistics and warehousing buildings", "Industrial and logistics property leasing services", and "Real estate development services of industrial buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for First Industrial Realty Trust is -0.91. Previous Next 1.9 News and Social Media Coverage News SentimentFirst Industrial Realty Trust has a news sentiment score of 0.35. 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 lower news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for First Industrial Realty Trust this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for FR on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Industrial Realty Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.55% of the stock of First Industrial Realty Trust is held by insiders.Percentage Held by Institutions96.39% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for First Industrial Realty Trust are expected to grow by 8.80% in the coming year, from $2.16 to $2.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Industrial Realty Trust is 25.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 47.19.Price to Earnings Ratio vs. SectorThe P/E ratio of First Industrial Realty Trust is 25.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.30.Price to Book Value per Share RatioFirst Industrial Realty Trust has a P/B Ratio of 2.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Industrial Realty Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address About First Industrial Realty Trust (NYSE:FR)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 64.1 million square feet of industrial space as of September 30, 2020.Read More FR Stock News HeadlinesJune 27, 2022 | americanbankingnews.comFirst Industrial Realty Trust, Inc. (FR) to Issue Quarterly Dividend of $0.30 on July 18thJune 18, 2022 | americanbankingnews.comFirst Industrial Realty Trust (NYSE:FR) Reaches New 52-Week Low on Analyst DowngradeJune 17, 2022 | americanbankingnews.comFirst Industrial Realty Trust (NYSE:FR) Price Target Cut to $61.00 by Analysts at The Goldman Sachs GroupJune 16, 2022 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About First Industrial RealtyJune 16, 2022 | seekingalpha.comFirst Industrial Realty Trust (FR) Presents At REITweek 2022 Investor Conference - SlideshowJune 15, 2022 | benzinga.comSANTÉ Realty Investments continues Social impact with donation to Rett Syndrome Research TrustJune 12, 2022 | americanbankingnews.comFirst Industrial Realty Trust (NYSE:FR) Reaches New 1-Year Low at $49.71June 6, 2022 | finance.yahoo.comFirst Industrial Realty Trust To Present At Nareit's REITWeek: 2022 Investor ConferenceJune 2, 2022 | nasdaq.comNotable Thursday Option Activity: NTAP, FR, SQMay 17, 2022 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About First Industrial RealtyMay 4, 2022 | seekingalpha.comFirst Industrial Realty Trust declares $0.295 dividendMay 4, 2022 | nasdaq.comFirst Industrial Realty Trust Becomes OversoldApril 30, 2022 | nasdaq.comFirst Industrial Realty Trust (FR) Shares Cross Below 200 DMASee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryIndustrial REITs SectorFinance Current SymbolNYSE:FR CUSIP32054K10 CIK921825 Webwww.firstindustrial.com Phone(312) 344-4300Fax312-922-6320Employees162Year Founded1994Company Calendar Ex-Dividend for 4/18 Dividend3/30/2022Dividend Payable4/18/2022Last Earnings4/20/2022Ex-Dividend for 7/18 Dividend6/29/2022Today7/02/2022Dividend Payable7/18/2022Next Earnings (Estimated)7/20/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$52.03 High Stock Price Forecast$72.00 Low Stock Price Forecast$13.25 Forecasted Upside/Downside+7.3%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.87 Trailing P/E Ratio25.93 Forward P/E Ratio22.45 P/E GrowthN/ANet Income$271 million Net Margins50.47% Pretax Margin52.68% Return on Equity11.40% Return on Assets5.98% Debt Debt-to-Equity Ratio0.78 Current Ratio0.73 Quick Ratio0.73 Sales & Book Value Annual Sales$476.29 million Price / Sales13.44 Cash Flow$3.14 per share Price / Cash Flow15.46 Book Value$17.26 per share Price / Book2.81Miscellaneous Outstanding Shares132,001,000Free Float131,275,000Market Cap$6.40 billion OptionableOptionable Beta0.94 Social Links First Industrial Realty Trust Frequently Asked Questions Should I buy or sell First Industrial Realty Trust stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" First Industrial Realty Trust stock. View analyst ratings for First Industrial Realty Trust or view top-rated stocks. What is First Industrial Realty Trust's stock price forecast for 2022? 8 analysts have issued 1 year price targets for First Industrial Realty Trust's shares. Their FR stock forecasts range from $13.25 to $72.00. On average, they expect First Industrial Realty Trust's stock price to reach $52.03 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View analysts' price targets for First Industrial Realty Trust or view top-rated stocks among Wall Street analysts. How has First Industrial Realty Trust's stock performed in 2022? First Industrial Realty Trust's stock was trading at $66.20 on January 1st, 2022. Since then, FR stock has decreased by 26.8% and is now trading at $48.49. View the best growth stocks for 2022 here. Are investors shorting First Industrial Realty Trust? First Industrial Realty Trust saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 2,810,000 shares, an increase of 29.5% from the May 15th total of 2,170,000 shares. Based on an average daily trading volume, of 871,200 shares, the short-interest ratio is currently 3.2 days. Approximately 2.2% of the shares of the stock are short sold. View First Industrial Realty Trust's Short Interest. When is First Industrial Realty Trust's next earnings date? First Industrial Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022. View our earnings forecast for First Industrial Realty Trust. How were First Industrial Realty Trust's earnings last quarter? First Industrial Realty Trust, Inc. (NYSE:FR) posted its quarterly earnings results on Wednesday, April, 20th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.01. The real estate investment trust earned $125.50 million during the quarter, compared to analysts' expectations of $123.45 million. First Industrial Realty Trust had a net margin of 50.47% and a trailing twelve-month return on equity of 11.40%. The business's quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 EPS. View First Industrial Realty Trust's earnings history. 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 Friday, May 6th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.295 per share on Monday, July 18th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Wednesday, June 29th. View First Industrial Realty Trust's dividend history. Is First Industrial Realty Trust a good dividend stock? First Industrial Realty Trust(NYSE:FR) pays an annual dividend of $1.18 per share and currently has a dividend yield of 2.49%. First Industrial Realty Trust has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of First Industrial Realty Trust is 63.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Industrial Realty Trust will have a dividend payout ratio of 50.21% next year. This indicates that First Industrial Realty Trust will be able to sustain or increase its dividend. View First Industrial Realty Trust's dividend history. What guidance has First Industrial Realty Trust issued on next quarter's earnings? First Industrial Realty Trust issued an update on its FY 2022 earnings guidance on Wednesday, April, 27th. The company provided earnings per share (EPS) guidance of $2.100-$2.200 for the period. The company issued revenue guidance of -. Who are First Industrial Realty Trust's key executives? First Industrial Realty Trust's management team includes the following people: Mr. Peter E. Baccile, Pres, CEO & Director (Age 60, Pay $3.13M)Mr. Johannson L. Yap, Co-Founder, Chief Investment Officer & Exec. VP of West Region (Age 59, Pay $1.63M) (LinkedIn Profile)Mr. Scott A. Musil, CFO, Sr. VP, Treasurer & Assistant Sec. (Age 54, Pay $949.06k) (LinkedIn Profile)Ms. Jennifer E. Matthews Rice, Gen. Counsel & Sec. (Age 51, Pay $692.06k)Mr. Peter O. Schultz Jr., Exec. VP (Age 59, Pay $1.33M) (LinkedIn Profile)Mr. Christopher M. Schneider CPA, Sr. VP of Operations & Chief Information OfficerMs. Sara E. Niemiec, Chief Accounting OfficerMr. Arthur J. Harmon, VP of Investor Relations & MarketingMs. Brenda Smith, VP of HRMr. Adam Moore, Sr. Regional Director of Chicago - Milwaukee What is Bruce W. Duncan's approval rating as First Industrial Realty Trust's CEO? 12 employees have rated First Industrial Realty Trust CEO Bruce W. Duncan on Glassdoor.com. Bruce W. Duncan has an approval rating of 71% among First Industrial Realty Trust's employees. Who are some of First Industrial Realty Trust's key competitors? Some companies that are related to First Industrial Realty Trust include Weyerhaeuser (WY), Alexandria Real Estate Equities (ARE), Extra Space Storage (EXR), Duke Realty (DRE), Ventas (VTR), Mid-America Apartment Communities (MAA), Sun Communities (SUI), Essex Property Trust (ESS), W. P. Carey (WPC), UDR (UDR), Camden Property Trust (CPT), Healthpeak Properties (PEAK), Iron Mountain (IRM), Boston Properties (BXP) and Equity LifeStyle Properties (ELS). View all of FR's 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 Cisco Systems (CSCO), Prologis (PLD), AT&T (T), Verizon Communications (VZ), Realty Income (O), Omega Healthcare Investors (OHI), Pfizer (PFE), Procter & Gamble (PG), Exxon Mobil (XOM) and Mondi (MNDI). 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 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is First Industrial Realty Trust's stock price today? One share of FR stock can currently be purchased for approximately $48.49. How much money does First Industrial Realty Trust make? First Industrial Realty Trust (NYSE:FR) has a market capitalization of $6.40 billion and generates $476.29 million in revenue each year. The real estate investment trust earns $271 million in net income (profit) each year or $1.87 on an earnings per share basis. How many employees does First Industrial Realty Trust have? First Industrial Realty Trust employs 162 workers across the globe. When was First Industrial Realty Trust founded? First Industrial Realty Trust was founded in 1994. How can I contact First Industrial Realty Trust? First Industrial Realty Trust's mailing address is 1 N. Wacker Drive Suite 4200, CHICAGO IL, 60606. The official website for First Industrial Realty Trust is www.firstindustrial.com. The real estate investment trust can be reached via phone at (312) 344-4300, via email at [email protected], or via fax at 312-922-6320. This page (NYSE:FR) was last updated on 7/2/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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