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 declared 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 dividend yield of 2.17%. The ex-dividend date of this dividend is Monday, March 30th. This is an increase 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 results on Wednesday, February, 12th. The real estate investment trust reported $0.76 earnings per share for the quarter, beating the Zacks' 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. First Industrial Realty Trust had a return on equity of 13.91% and a net margin of 56.05%. The business's revenue was up 5.4% on a year-over-year basis. During the same quarter 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 EPS guidance of $1.78-1.88 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.83.

4 equities research analysts have issued 1 year price targets 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 stock price to reach $30.63 in the next year. 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 headlines about FR stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media 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 coverage optimism score of -1.4 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for 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 presently 3.5 days. Approximately 2.3% of the company's stock are short sold. View First Industrial Realty Trust's Current Options Chain.

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

First Industrial Realty Trust's stock is owned by a number of of retail and institutional 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%), 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 acquired 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.

First Industrial Realty Trust has a market capitalization of $5.85 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]