NYSE:FR

First Industrial Realty Trust Stock Forecast, Price & News

$55.01
+0.36 (+0.66 %)
(As of 07/29/2021 01:03 PM ET)
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Today's Range
$54.66
$55.21
50-Day Range
$50.04
$55.00
52-Week Range
$38.85
$55.41
Volume11,174 shs
Average Volume1.05 million shs
Market Capitalization$7.10 billion
P/E Ratio30.39
Dividend Yield1.97%
Beta0.87
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First Industrial Realty Trust logo

About First Industrial Realty Trust

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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MarketRank

Overall MarketRank

2.11 out of 5 stars

Finance Sector

396th out of 2,043 stocks

Real Estate Investment Trusts Industry

82nd out of 283 stocks

Analyst Opinion: 1.3Community Rank: 3.0Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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First Industrial Realty Trust (NYSE:FR) Frequently Asked Questions

Is First Industrial Realty Trust a buy right now?

7 Wall Street 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 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" First Industrial Realty Trust stock.
View analyst ratings for First Industrial Realty Trust
or view top-rated stocks.

What stocks does MarketBeat like better than First Industrial Realty Trust?

Wall Street analysts have given First Industrial Realty Trust a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Industrial Realty Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting First Industrial Realty Trust?

First Industrial Realty Trust saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 2,040,000 shares, a decrease of 16.4% from the June 30th total of 2,440,000 shares. Based on an average daily volume of 1,170,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.7% of the shares of the stock are sold short.
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, October 20th 2021.
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 results on Tuesday, July, 20th. The real estate investment trust reported $0.40 EPS for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.07. The real estate investment trust earned $117.40 million during the quarter, compared to analysts' expectations of $115.71 million. First Industrial Realty Trust had a net margin of 50.60% and a trailing twelve-month return on equity of 11.96%. The company's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 EPS.
View First Industrial Realty Trust's earnings history
.

How has First Industrial Realty Trust's stock price been impacted by Coronavirus?

First Industrial Realty Trust's stock was trading at $33.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FR shares have increased by 62.1% and is now trading at $55.01.
View which stocks have been most impacted by COVID-19
.

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, May 5th. Investors of record on Wednesday, June 30th will be given a dividend of $0.27 per share on Monday, July 19th. This represents a $1.08 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Tuesday, June 29th.
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 1.97%. First Industrial Realty Trust has been increasing its dividend for 7 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 58.70%. 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 52.43% 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 issued an update on its FY 2021 earnings guidance on Wednesday, July, 28th. The company provided earnings per share guidance of $1.890-$1.970 for the period. The company issued revenue guidance of -.

What price target have analysts set for FR?

7 brokers have issued twelve-month price targets for First Industrial Realty Trust's shares. Their forecasts range from $19.50 to $58.00. On average, they anticipate First Industrial Realty Trust's stock price to reach $47.50 in the next year. This suggests that the stock has a possible downside of 13.7%.
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:
  • Mr. Peter E. Baccile, Pres, CEO & Director (Age 59, Pay $2.71M)
  • Mr. Johannson L. Yap, Co-Founder, Chief Investment Officer & Exec. VP of West Region (Age 58, Pay $1.35M)
  • Mr. Scott A. Musil, CFO, Sr. VP, Treasurer & Assistant Sec. (Age 53, Pay $824.13k)
  • Mr. Peter O. Schultz Jr., Exec. VP (Age 58, Pay $759.3k)
  • 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. Jennifer Matthews Rice, Gen. Counsel & Sec. (Age 50)
  • Ms. Brenda Smith, VP of HR
  • Mr. Adam Moore, Sr. Regional Director of Chicago - Milwaukee

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?

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), The 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 retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.08%), Manning & Napier Group LLC (0.06%), Oregon Public Employees Retirement Fund (0.03%) and New Mexico Educational Retirement Board (0.02%). 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 Manning & Napier Group LLC, and State of Alaska Department of Revenue. 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 New Mexico Educational Retirement Board, and Oregon Public Employees Retirement Fund.
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.
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 $55.01.

How much money does First Industrial Realty Trust make?

First Industrial Realty Trust has a market capitalization of $7.10 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 $1.84 on an earnings per share basis.

How many employees does First Industrial Realty Trust have?

First Industrial Realty Trust employs 153 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 or via email at [email protected]


This page was last updated on 7/29/2021 by MarketBeat.com Staff
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