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

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. Since then, FR shares have decreased by 5.7% and is now trading at $32.01. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for First Industrial Realty Trust.

First Industrial Realty Trust is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for First Industrial Realty Trust.

First Industrial Realty Trust, Inc. (NYSE:FR) issued its quarterly earnings data on Wednesday, February, 12th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.32. The real estate investment trust had revenue of $110.76 million for the quarter, compared to analyst estimates of $108.51 million. First Industrial Realty Trust had a net margin of 56.05% and a return on equity of 13.91%. The firm's quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.42 EPS. View First Industrial Realty Trust's earnings history.

First Industrial Realty Trust declared a quarterly dividend on Wednesday, February 12th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.25 per share on Monday, April 20th. This represents a $1.00 annualized dividend and a yield of 3.12%. The ex-dividend date is Monday, March 30th. This is a positive change from First Industrial Realty Trust's previous quarterly dividend of $0.23. View First Industrial Realty Trust's dividend history.

First Industrial Realty Trust updated its FY20 earnings guidance on Wednesday, February, 12th. The company provided earnings per share guidance of $1.78-1.88 for the period, compared to the Thomson Reuters consensus estimate of $1.83.

3 brokerages have issued 1 year price objectives for First Industrial Realty Trust's shares. Their forecasts range from $10.50 to $38.00. On average, they anticipate First Industrial Realty Trust's share price to reach $28.83 in the next twelve months. This suggests that the stock has a possible downside of 9.9%. View analysts' price targets for First Industrial Realty Trust.

Media headlines about FR stock have trended somewhat positive on Monday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Industrial Realty Trust earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutFirst Industrial Realty Trust.

Some companies that are related to First Industrial Realty Trust include Prologis (PLD), Eastgroup Properties (EGP), Stag Industrial (STAG), Terreno Realty (TRNO) and Monmouth R.E. Inv. (MNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Industrial Realty Trust investors own include Verizon Communications (VZ), Mondi (MNDI), Omega Healthcare Investors (OHI), AT&T (T), Cisco Systems (CSCO), Apple Hospitality REIT (APLE), Energy Transfer LP Unit (ET), Realty Income (O), Store Capital (STOR) and WP Carey (WPC).

First Industrial Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "FR."

First Industrial Realty Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (5.54%), Principal Financial Group Inc. (3.25%), Charles Schwab Investment Management Inc. (2.24%), Lasalle Investment Management Securities LLC (1.97%), Macquarie Group Ltd. (1.89%) and Macquarie Group Ltd. (1.89%). Company insiders that own First Industrial Realty Trust stock include Bruce W Duncan, H Patrick Hackett Jr, Johannson L Yap, Peter Schultz and Scott A Musil. View institutional ownership trends for First Industrial Realty Trust.

FR stock was sold by a variety of institutional investors in the last quarter, including AJO LP, State Street Corp, Renaissance Technologies LLC, Principal Financial Group Inc., Panagora Asset Management Inc., Prudential Financial Inc., Nuveen Asset Management LLC, and Bank of America Corp DE. 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.

FR stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Charles Schwab Investment Management Inc., Thrivent Financial for Lutherans, CI Investments Inc., UBS Group AG, Bank of Montreal Can, Green Street Investors LLC, and Knights of Columbus Asset Advisors LLC. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of FR stock can currently be purchased for approximately $32.01.

First Industrial Realty Trust has a market capitalization of $4.07 billion and generates $425.98 million in revenue each year. The real estate investment trust earns $238.77 million in net income (profit) each year or $1.74 on an earnings per share basis. First Industrial Realty Trust employs 145 workers across the globe. View additional information about First Industrial Realty Trust.

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

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]