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

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

First Industrial Realty Trust announced a quarterly dividend on Wednesday, February 12th. Investors 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 2.17%. The ex-dividend date of this dividend 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, Inc. (NYSE:FR) posted its quarterly earnings data on Wednesday, February, 12th. The real estate investment trust reported $0.76 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.32. The real estate investment trust earned $110.76 million during the quarter, compared to the consensus estimate of $108.51 million. The company's quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.42 EPS. View First Industrial Realty Trust's Earnings History.

First Industrial Realty Trust is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for First Industrial Realty Trust.

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

4 brokerages have issued 12 month price targets for First Industrial Realty Trust's stock. Their forecasts range from $10.50 to $38.00. On average, they expect First Industrial Realty Trust's share price to reach $30.63 in the next twelve months. This suggests that the stock has a possible downside of 33.4%. View Analyst Price Targets for First Industrial Realty Trust.

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

News articles about FR stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. First Industrial Realty Trust earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave news headlines 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 effect on the company's share price in the next several days. View News Stories for First Industrial Realty Trust.

First Industrial Realty Trust saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,860,000 shares, an increase of 9.2% from the January 15th total of 2,620,000 shares. Based on an average trading volume of 821,200 shares, the days-to-cover ratio is currently 3.5 days. Approximately 2.3% of the company's shares are short sold. View First Industrial Realty Trust's Current Options Chain.

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

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), AGNC Investment (AGNC), CROWN CASTLE IN/SH SH (CCI), Energy Transfer LP Unit (ET), Exxon Mobil (XOM), Cisco Systems (CSCO) and Netflix (NFLX).

First Industrial Realty Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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%), Bank of New York Mellon Corp (1.56%) and Goldman Sachs Group Inc. (1.35%). 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., Bank of America Corp DE and State of Tennessee Treasury Department. 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 for First Industrial Realty Trust.

FR stock was purchased by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Thrivent Financial for Lutherans, CI Investments Inc., UBS Group AG, Bank of Montreal Can, Green Street Investors LLC, Knights of Columbus Asset Advisors LLC and Lord Abbett & CO. LLC. View Insider Buying and Selling 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 $46.01.