First Industrial Realty Trust Stock Forecast, Price & News

First Industrial Realty Trust (NYSE:FR) Frequently Asked Questions

Is First Industrial Realty Trust a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" First Industrial Realty Trust stock.
View analyst ratings for First Industrial Realty Trust or view top-rated stocks.

How has First Industrial Realty Trust's stock been impacted by COVID-19?

First Industrial Realty Trust's stock was trading at $33.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FR shares have increased by 88.1% and is now trading at $63.81.
View which stocks have been most impacted by COVID-19.

Are investors shorting First Industrial Realty Trust?

First Industrial Realty Trust saw a increase in short interest in the month of October. As of October 29th, there was short interest totaling 2,360,000 shares, an increase of 29.0% from the October 14th total of 1,830,000 shares. Based on an average daily volume of 879,700 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.9% of the company's 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, February 9th 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) announced its quarterly earnings data on Tuesday, October, 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing the Zacks' consensus estimate of $0.49 by $0.16. The real estate investment trust earned $121.08 million during the quarter, compared to the consensus estimate of $117.95 million. First Industrial Realty Trust had a net margin of 51.46% and a trailing twelve-month return on equity of 12.01%. The firm's revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.49 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 declared a quarterly dividend on Wednesday, November 3rd. Investors of record on Friday, December 31st will be given a dividend of $0.27 per share on Tuesday, January 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend is Thursday, December 30th.
View First Industrial Realty Trust's dividend history.

Is First Industrial Realty Trust a good dividend stock?

First Industrial Realty Trust pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.71%. 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 58.06%. 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 50.70% 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 updated its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided earnings per share guidance of $1.930-$1.970 for the period. The company issued revenue guidance of -.

What price target have analysts set for FR?

11 equities research analysts have issued 1 year price objectives for First Industrial Realty Trust's stock. Their forecasts range from $13.25 to $72.00. On average, they anticipate First Industrial Realty Trust's share price to reach $50.94 in the next year. This suggests that the stock has a possible downside of 20.2%.
View analysts' price targets for First Industrial Realty Trust or view top-rated stocks among Wall Street analysts.

Who are First Industrial Realty Trust's key executives?

First Industrial Realty Trust's management team includes the following people:

• Peter E. Baccile, President, Chief Executive Officer & Director
• Christopher M. Schneider, Chief Information Officer & Senior VP-Operations
• Scott A. Musil, Chief Financial Officer
• Johannson L. Yap, Chief Investment Officer
• Donald Stoffle, Executive Director-Dispositions

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 Prologis (PLD), EastGroup Properties (EGP), STAG Industrial (STAG), Terreno Realty (TRNO) and Monmouth Real Estate Investment (MNR).
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."

Who are First Industrial Realty Trust's major shareholders?

First Industrial Realty Trust's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (11.50%), Principal Financial Group Inc. (7.30%), Goldman Sachs Group Inc. (2.83%), Dimensional Fund Advisors LP (1.87%), Geode Capital Management LLC (1.61%) and Victory Capital Management Inc. (1.52%). Company insiders that own First Industrial Realty Trust stock include 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 Long Pond Capital LP, Land & Buildings Investment Management LLC, BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., Invesco Ltd., Eaton Vance Management, SG Americas Securities LLC, and London Co. of Virginia. 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 activity for First Industrial Realty Trust or view top insider-selling stocks.

Which major investors are buying First Industrial Realty Trust stock?

FR stock was bought by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Goldman Sachs Group Inc., Russell Investments Group Ltd., Two Sigma Investments LP, Jupiter Asset Management Ltd., Principal Financial Group Inc., Tudor Investment Corp Et Al, and Franklin Resources Inc..
View insider buying and selling activity for First Industrial Realty Trust or or view top insider-buying stocks.

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.
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What is First Industrial Realty Trust's stock price today?

One share of FR stock can currently be purchased for approximately $63.81.

How much money does First Industrial Realty Trust make?

First Industrial Realty Trust has a market capitalization of $8.31 billion and generates $448.03 million in revenue each year. The real estate investment trust earns $195.99 million in net income (profit) each year or $1.86 on an earnings per share basis.

How many employees does First Industrial Realty Trust have?

First Industrial Realty Trust employs 2,018 workers across the globe.

When was First Industrial Realty Trust founded?

First Industrial Realty Trust was founded in 1994.

What is First Industrial Realty Trust's official website?

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

Where are First Industrial Realty Trust's headquarters?

First Industrial Realty Trust is headquartered at 1 N. Wacker Drive Suite 4200, CHICAGO IL, 60606.

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 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.