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

$42.96
-1.43 (-3.22 %)
(As of 02/26/2020 01:32 AM ET)
Today's Range
$42.90
Now: $42.96
$44.60
50-Day Range
$41.13
MA: $43.58
$46.01
52-Week Range
$33.08
Now: $42.96
$46.12
Volume794,200 shs
Average Volume689,930 shs
Market Capitalization$5.46 billion
P/E Ratio22.85
Dividend Yield2.07%
Beta0.7
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. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
CUSIP32054K10
Phone312-344-4300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$425.98 million
Cash Flow$2.75 per share
Book Value$14.16 per share

Profitability

Net Income$238.77 million

Miscellaneous

Employees145
Market Cap$5.46 billion
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Wednesday, February 12th. Investors of record on Tuesday, March 31st will be given a dividend of $0.25 per share on Monday, April 20th. This represents a $1.00 dividend on an annualized basis and a yield of 2.33%. 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.

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

First Industrial Realty Trust, Inc. (NYSE:FR) issued its earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.32. The real estate investment trust earned $110.76 million during the quarter, compared to analyst estimates of $108.51 million. First Industrial Realty Trust had a return on equity of 13.91% and a net margin of 56.05%. The firm's quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 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 Tuesday, April 28th 2020. 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 issued an update on 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.

What price target have analysts set for FR?

2 brokerages have issued twelve-month target prices for First Industrial Realty Trust's stock. Their forecasts range from $10.50 to $38.00. On average, they anticipate First Industrial Realty Trust's share price to reach $24.25 in the next year. This suggests that the stock has a possible downside of 43.6%. View Analyst Price Targets for First Industrial Realty Trust.

What is the consensus analysts' recommendation for First Industrial Realty Trust?

2 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 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Industrial Realty Trust.

Has First Industrial Realty Trust been receiving favorable news coverage?

Headlines about FR stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Industrial Realty Trust earned a news impact score of 1.2 on InfoTrie's scale. They also assigned 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 effect on the stock's share price in the next few days. View News Stories for First Industrial Realty Trust.

Are investors shorting First Industrial Realty Trust?

First Industrial Realty Trust saw a increase in short interest in 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 daily trading volume, of 821,200 shares, the short-interest ratio is currently 3.5 days. Approximately 2.3% of the company's stock are sold short. View First Industrial Realty Trust's Current Options Chain.

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

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).

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 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), WP Carey (WPC), Exxon Mobil (XOM) and Cisco Systems (CSCO).

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 57)
  • Mr. Johannson L. Yap, Co-Founder, Chief Investment Officer & Exec. VP of West Region (Age 56)
  • Mr. Scott A. Musil, CFO, Sr. VP, Treasurer & Assistant Sec. (Age 51)
  • Mr. David G. Harker, Exec. VP of Central Region (Age 60)
  • Mr. Peter O. Schultz Jr., Exec. VP of East Region (Age 56)

Who are First Industrial Realty Trust's major shareholders?

First Industrial Realty Trust's stock is owned by a variety of of institutional and retail 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%), Geode Capital Management LLC (1.72%) and Bank of New York Mellon Corp (1.56%). 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.

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 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.

Which major investors are buying First Industrial Realty Trust stock?

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 Geode Capital Management LLC. 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, Robinhood, 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 $42.96.

How big of a company is First Industrial Realty Trust?

First Industrial Realty Trust has a market capitalization of $5.46 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.

What is First Industrial Realty Trust's official website?

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

How can I contact First Industrial Realty Trust?

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]


MarketBeat Community Rating for First Industrial Realty Trust (NYSE FR)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  366 (Vote Outperform)
Underperform Votes:  491 (Vote Underperform)
Total Votes:  857
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 2/26/2020 by MarketBeat.com Staff

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