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China Threat Triggers Potential Mining Boom for Investors (Ad)
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3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
NYSE:FR

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

$49.90
-0.78 (-1.54%)
(As of 12/5/2022 12:00 AM ET)
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Compare
Today's Range
$49.88
$50.64
50-Day Range
$43.82
$50.68
52-Week Range
$42.91
$66.74
Volume
982,865 shs
Average Volume
1.03 million shs
Market Capitalization
$6.59 billion
P/E Ratio
16.86
Dividend Yield
2.33%
Price Target
$55.38

First Industrial Realty Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
11.0% Upside
$55.38 Price Target
Short Interest
Healthy
2.41% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.91
Upright™ Environmental Score
News Sentiment
1.37mentions of First Industrial Realty Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.78%
From $2.25 to $2.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Finance Sector

423rd out of 886 stocks

Real Estate Investment Trusts Industry

93rd out of 193 stocks

FR stock logo

About First Industrial Realty Trust (NYSE:FR) Stock

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.

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FR Stock News Headlines

China Threat Triggers Potential Mining Boom for Investors
China has almost a 90% lock on critical minerals needed to produce our military, mobile, and green technologies. Mining companies are scrambling to find domestic sources to break China's chokehold on supply chains. Nevada, Idaho and Montana are key to securing a domestic supply.
REITs gain this week on optimism surrounding Q3 results
First Industrial Realty Trust earnings: here's what Wall Street expects
First Industrial Realty Trust Q3 2022 Earnings Preview
China Threat Triggers Potential Mining Boom for Investors
China has almost a 90% lock on critical minerals needed to produce our military, mobile, and green technologies. Mining companies are scrambling to find domestic sources to break China's chokehold on supply chains. Nevada, Idaho and Montana are key to securing a domestic supply.
Upcoming Dividend Run For FR?
Earnings Outlook For First Industrial Realty
What 5 Analyst Ratings Have To Say About First Industrial Realty
See More Headlines
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FR Company Calendar

Last Earnings
7/20/2022
Ex-Dividend for 10/17 Dividend
9/29/2022
Dividend Payable
10/17/2022
Today
12/05/2022
Ex-Dividend for 1/17 Dividend
12/29/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/17/2023
Next Earnings (Estimated)
2/08/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Industrial REITs
Sector
Finance
CUSIP
32054K10
Employees
162
Year Founded
1994

Price Target and Rating

Average Stock Price Forecast
$55.38
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+11.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$271 million
Pretax Margin
62.60%

Debt

Sales & Book Value

Annual Sales
$476.29 million
Cash Flow
$3.12 per share
Book Value
$17.26 per share

Miscellaneous

Free Float
131,408,000
Market Cap
$6.59 billion
Optionable
Optionable
Beta
0.96

Social Links


Key Executives

  • Mr. Peter E. Baccile (Age 60)
    Pres, CEO & Director
    Comp: $3.13M
  • Mr. Johannson L. YapMr. Johannson L. Yap (Age 59)
    Co-Founder, Chief Investment Officer & Exec. VP of West Region
    Comp: $1.63M
  • Mr. Scott A. MusilMr. Scott A. Musil (Age 54)
    CFO, Sr. VP, Treasurer & Assistant Sec.
    Comp: $949.06k
  • Ms. Jennifer E. Matthews Rice (Age 51)
    Gen. Counsel & Sec.
    Comp: $692.06k
  • Mr. Peter O. Schultz Jr.Mr. Peter O. Schultz Jr. (Age 59)
    Exec. VP
    Comp: $1.33M
  • Mr. Christopher M. Schneider CPA
    Sr. VP of Operations & Chief Information Officer
  • Ms. Sara E. Niemiec
    Chief Accounting Officer
  • Mr. Arthur J. Harmon
    VP of Investor Relations & Marketing
  • Ms. Brenda Smith
    VP of HR
  • Mr. Adam Moore
    Sr. Regional Director of Chicago - Milwaukee













FR Stock - Frequently Asked Questions

Should I buy or sell First Industrial Realty Trust stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FR shares.
View FR analyst ratings
or view top-rated stocks.

What is First Industrial Realty Trust's stock price forecast for 2023?

5 analysts have issued twelve-month price targets for First Industrial Realty Trust's shares. Their FR share price forecasts range from $18.00 to $75.00. On average, they expect the company's share price to reach $55.38 in the next year. This suggests a possible upside of 11.0% from the stock's current price.
View analysts price targets for FR
or view top-rated stocks among Wall Street analysts.

How have FR shares performed in 2022?

First Industrial Realty Trust's stock was trading at $66.20 at the start of the year. Since then, FR stock has decreased by 24.6% and is now trading at $49.90.
View the best growth stocks for 2022 here
.

Are investors shorting First Industrial Realty Trust?

First Industrial Realty Trust saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 3,240,000 shares, a decrease of 10.0% from the October 15th total of 3,600,000 shares. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is currently 2.6 days.
View First Industrial Realty Trust's Short Interest
.

When is First Industrial Realty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our FR earnings forecast
.

How were First Industrial Realty Trust's earnings last quarter?

First Industrial Realty Trust, Inc. (NYSE:FR) posted its quarterly earnings results on Wednesday, July, 20th. The real estate investment trust reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.35. The real estate investment trust had revenue of $130 million for the quarter, compared to the consensus estimate of $127.55 million. First Industrial Realty Trust had a trailing twelve-month return on equity of 16.70% and a net margin of 75.75%. The business's quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.48 earnings per share.

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 Tuesday, November 1st. Investors of record on Saturday, December 31st will be paid a dividend of $0.295 per share on Tuesday, January 17th. This represents a $1.18 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for FR
.

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 2.33%. The company 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 is 39.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FR will have a dividend payout ratio of 49.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FR.

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 Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $2.21-$2.25 for the period. The company issued revenue guidance of -.

What is Bruce W. Duncan's approval rating as First Industrial Realty Trust's CEO?

12 employees have rated First Industrial Realty Trust Chief Executive Officer Bruce W. Duncan on Glassdoor.com. Bruce W. Duncan has an approval rating of 71% among the company's employees.

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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.72%), BlackRock Inc. (11.64%), State Street Corp (5.37%), Nomura Holdings Inc. (3.78%), Cohen & Steers Inc. (2.91%) and Centersquare Investment Management LLC (2.76%). Insiders that own company stock include Johannson L Yap, Peter Schultz and Scott A Musil.
View institutional ownership trends
.

How do I buy shares of First Industrial Realty Trust?

Shares of FR stock 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 $49.90.

How much money does First Industrial Realty Trust make?

First Industrial Realty Trust (NYSE:FR) has a market capitalization of $6.59 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 $2.96 on an earnings per share basis.

How many employees does First Industrial Realty Trust have?

The company employs 162 workers across the globe.

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 the company is www.firstindustrial.com. The real estate investment trust can be reached via phone at (312) 344-4300, via email at ir@firstindustrial.com, or via fax at 312-922-6320.

This page (NYSE:FR) was last updated on 12/6/2022 by MarketBeat.com Staff