NYSE:FR - First Industrial Realty Trust Stock Price, News, & Analysis

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$33.45 +0.46 (+1.39 %)
(As of 08/19/2018 09:06 AM ET)
Previous Close$33.45
Today's Range$32.98 - $33.46
52-Week Range$27.61 - $34.04
Volume488,788 shs
Average Volume859,518 shs
Market Capitalization$4.09 billion
P/E Ratio21.31
Dividend Yield2.65%
Beta0.79
First Industrial Realty Trust logoFirst 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 63.9 million square feet of industrial space as of June 30, 2018. For more information, please visit us at www.firstindustrial.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
SymbolNYSE:FR
CUSIP32054K10
Phone312-344-4300

Debt

Debt-to-Equity Ratio0.79
Current Ratio1.53
Quick Ratio1.53

Price-To-Earnings

Trailing P/E Ratio21.31
Forward P/E Ratio21.04
P/E GrowthN/A

Sales & Book Value

Annual Sales$396.40 million
Price / Sales10.63
Cash Flow$2.8228 per share
Price / Cash11.85
Book Value$12.31 per share
Price / Book2.72

Profitability

EPS (Most Recent Fiscal Year)$1.57
Net Income$201.45 million
Net Margins55.66%
Return on Equity14.81%
Return on Assets7.41%

Miscellaneous

Employees160
Outstanding Shares125,980,000
Market Cap$4.09 billion

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 declared a quarterly dividend on Tuesday, August 7th. Investors of record on Friday, September 28th will be given a dividend of $0.218 per share on Monday, October 15th. This represents a $0.87 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, September 27th. 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) issued its quarterly earnings results on Wednesday, July, 25th. The real estate investment trust reported $0.36 EPS for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.19. The real estate investment trust earned $98.85 million during the quarter, compared to analysts' expectations of $98.71 million. First Industrial Realty Trust had a net margin of 55.66% and a return on equity of 14.81%. The firm's revenue was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 EPS. View First Industrial Realty Trust's Earnings History.

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

First Industrial Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for First Industrial Realty Trust.

What guidance has First Industrial Realty Trust issued on next quarter's earnings?

First Industrial Realty Trust updated its FY18 earnings guidance on Wednesday, July, 25th. The company provided earnings per share guidance of $1.55-1.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.61.

What price target have analysts set for FR?

8 brokerages have issued 12-month price objectives 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 share price to reach $33.7143 in the next twelve months. This suggests a possible upside of 0.8% 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?

8 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, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Industrial Realty Trust.

Who are some of First Industrial Realty Trust's key competitors?

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)

Has First Industrial Realty Trust been receiving favorable news coverage?

News articles about FR stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. First Industrial Realty Trust earned a news impact score of 0.14 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 47.14 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for First Industrial Realty Trust.

Who are First Industrial Realty Trust's major shareholders?

First Industrial Realty Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.84%), Renaissance Technologies LLC (2.47%), Bank of New York Mellon Corp (1.95%), Citadel Advisors LLC (1.66%), Dimensional Fund Advisors LP (1.46%) and Macquarie Group Ltd. (1.44%). 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 American Century Companies Inc., Securian Asset Management Inc, BNP Paribas Arbitrage SA, Bank of America Corp DE, Manning & Napier Group LLC, Chicago Equity Partners LLC, Sei Investments Co. and Employees Retirement System of Texas. 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 bought by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Voya Investment Management LLC, Russell Investments Group Ltd., Eagle Asset Management Inc., Bank of Montreal Can, Macquarie Group Ltd., BlackRock Inc. and Bank of New York Mellon Corp. 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 $33.45.

How big of a company is First Industrial Realty Trust?

First Industrial Realty Trust has a market capitalization of $4.09 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.

How can I contact First Industrial Realty Trust?

First Industrial Realty Trust's mailing address is 311 S WACKER DRIVE SUITE 3900, 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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  298 (Vote Outperform)
Underperform Votes:  390 (Vote Underperform)
Total Votes:  688
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.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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