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 64.7 million square feet of industrial space as of September 30, 2018.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
Current SymbolNYSE:FR
Previous Symbol
CUSIP32054K10
Phone312-344-4300
Debt
Debt-to-Equity Ratio0.78
Current Ratio1.31
Quick Ratio1.31
Price-To-Earnings
Trailing P/E Ratio19.98
Forward P/E Ratio19.79
P/E GrowthN/A
Sales & Book Value
Annual Sales$396.40 million
Price / Sales10.03
Cash Flow$2.7270 per share
Price / Cash Flow11.54
Book Value$12.31 per share
Price / Book2.56
Profitability
EPS (Most Recent Fiscal Year)$1.57
Net Income$201.45 million
Net Margins52.47%
Return on Equity13.40%
Return on Assets6.89%
Miscellaneous
Employees160
Outstanding Shares126,310,000
Market Cap$3.99 billion
OptionableOptionable
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, November 7th. Investors of record on Monday, December 31st will be given a dividend of $0.2175 per share on Tuesday, January 22nd. This represents a $0.87 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Friday, December 28th. 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 earnings results on Wednesday, October, 24th. The real estate investment trust reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.06. The real estate investment trust had revenue of $100.26 million for the quarter, compared to the consensus estimate of $99.74 million. First Industrial Realty Trust had a return on equity of 13.40% and a net margin of 52.47%. View First Industrial Realty Trust's Earnings History.
When is First Industrial Realty Trust's next earnings date?
What guidance has First Industrial Realty Trust issued on next quarter's earnings?
First Industrial Realty Trust updated its FY18 earnings guidance on Wednesday, October, 24th. The company provided EPS guidance of $1.57-1.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.59.
What price target have analysts set for FR?
6 equities research analysts have issued 1-year target prices for First Industrial Realty Trust's stock. Their forecasts range from $31.00 to $39.00. On average, they anticipate First Industrial Realty Trust's stock price to reach $33.6667 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for First Industrial Realty Trust.
What is the consensus analysts' recommendation 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 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Industrial Realty Trust.
Has First Industrial Realty Trust been receiving favorable news coverage?
News coverage about FR stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Industrial Realty Trust earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are some of First Industrial Realty Trust's key competitors?
Some companies that are related to First Industrial Realty Trust include HCP (HCP), ANNALY CAP MGMT/SH (NLY), Alexandria Real Estate Equities (ARE), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), WP Carey (WPC), Gecina (GECFF), UDR (UDR), Regency Centers (REG), Duke Realty (DRE), Klepierre (KLPEF) and Iron Mountain (IRM).
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 56)
- Mr. Johannson L. Yap, Co-Founder, Chief Investment Officer & Exec. VP of West Region (Age 55)
- Mr. Scott A. Musil, Chief Financial Officer (Age 50)
- Mr. David G. Harker, Exec. VP of Central Region (Age 59)
- Mr. Peter O. Schultz Jr., Exec. VP of East Region (Age 55)
Who are First Industrial Realty Trust's major shareholders?
First Industrial Realty Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.02%), Vanguard Group Inc. (14.79%), Vanguard Group Inc (14.79%), Renaissance Technologies LLC (2.68%), Bank of New York Mellon Corp (1.92%) and Macquarie Group Ltd. (1.54%). Company insiders that own First Industrial Realty Trust stock include Bruce W Duncan, David Harker, H Patrick Hackett Jr, Johannson L Yap, Peter Schultz and Scott A Musil. View Institutional Ownership Trends for First Industrial Realty Trust.
Which major investors are selling First Industrial Realty Trust stock?
FR stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Prudential Financial Inc., Citadel Advisors LLC, Russell Investments Group Ltd., Barings LLC, Third Avenue Management LLC, Uniplan Investment Counsel Inc. and TIAA CREF Investment Management LLC. Company insiders that have sold First Industrial Realty Trust company stock in the last year include Bruce W Duncan, H Patrick Hackett Jr, Johannson L Yap, Peter Schultz and Scott A Musil. View Insider Buying and Selling for First Industrial Realty Trust.
Which major investors are buying First Industrial Realty Trust stock?
FR stock was purchased by a variety of institutional investors in the last quarter, including Waterfront Capital Partners LLC, BlackRock Inc., Renaissance Technologies LLC, Allianz Asset Management GmbH, Vanguard Group Inc, Vanguard Group Inc., JPMorgan Chase & Co. and JPMorgan Chase & Co.. 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, Scottrade, 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 $31.47.
How big of a company is First Industrial Realty Trust?
First Industrial Realty Trust has a market capitalization of $3.99 billion and generates $396.40 million in revenue each year. The real estate investment trust earns $201.45 million in net income (profit) each year or $1.57 on an earnings per share basis. First Industrial Realty Trust employs 160 workers across the globe.
What is First Industrial Realty Trust's official website?
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)
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.
