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DOW   31,496.30
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:FR

First Industrial Realty Trust Stock Forecast, Price & News

$42.87
+0.47 (+1.11 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$41.15
Now: $42.87
$42.94
50-Day Range
$40.64
MA: $42.31
$43.70
52-Week Range
$25.89
Now: $42.87
$44.79
Volume1.23 million shs
Average Volume955,159 shs
Market Capitalization$5.54 billion
P/E Ratio26.14
Dividend Yield2.38%
Beta0.84
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.
First Industrial Realty Trust logo

Headlines

First Industrial Realty Trust, Inc. to Host Earnings Call
February 11, 2021 |  finance.yahoo.com
First Industrial Realty Trust (FR) Q4 FFO Match Estimates
February 10, 2021 |  finance.yahoo.com
A Look Into First Industrial Realty's Price Over Earnings
December 29, 2020 |  finance.yahoo.com
Analyzing First Industrial Realty's Ex-Dividend Date
December 29, 2020 |  benzinga.com
First Industrial Realty Trust, Inc. (FR)
December 10, 2020 |  finance.yahoo.com
First Industrial Realty Trust Inc.
November 28, 2020 |  wsj.com
First Industrial plans warehouse in Margate
November 6, 2020 |  bizjournals.com
See More Headlines

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
CUSIP32054K10
Phone312-344-4300
Employees155
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$425.98 million
Cash Flow$3.02 per share
Book Value$14.16 per share

Profitability

Net Income$238.77 million

Miscellaneous

Market Cap$5.54 billion
Next Earnings Date4/28/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.95 out of 5 stars

Finance Sector

254th out of 1,940 stocks

Real Estate Investment Trusts Industry

57th out of 273 stocks

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$42.87
+0.47 (+1.11 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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First Industrial Realty Trust (NYSE:FR) Frequently Asked Questions

Is First Industrial Realty Trust a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Industrial Realty Trust wasn't one of them. MarketBeat thinks these five stocks 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 increase in short interest during the month of February. As of February 12th, there was short interest totaling 2,480,000 shares, an increase of 103.3% from the January 28th total of 1,220,000 shares. Based on an average daily trading volume, of 790,600 shares, the days-to-cover ratio is currently 3.1 days.
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, April 28th 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) issued its quarterly earnings data on Wednesday, February, 10th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.21. The real estate investment trust earned $112.29 million during the quarter, compared to the consensus estimate of $109.69 million. First Industrial Realty Trust had a net margin of 46.84% and a trailing twelve-month return on equity of 11.50%. The business's revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.45 EPS.
View First Industrial Realty Trust's earnings history
.

How has First Industrial Realty Trust's stock 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 26.3% and is now trading at $42.87.
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, February 10th. Investors of record on Wednesday, March 31st will be given a dividend of $0.27 per share on Monday, April 19th. This represents a $1.08 annualized dividend and a yield of 2.52%. The ex-dividend date is Tuesday, March 30th. This is an increase from First Industrial Realty Trust's previous quarterly dividend of $0.25.
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 $1.00 per share and currently has a dividend yield of 2.38%. 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 57.47%. 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 53.48% 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 updated its FY21 earnings guidance on Wednesday, February, 10th. The company provided earnings per share guidance of $1.85-1.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.86.

What price target have analysts set for FR?

10 brokerages have issued 1 year target prices for First Industrial Realty Trust's shares. Their forecasts range from $19.50 to $49.00. On average, they expect First Industrial Realty Trust's share price to reach $39.36 in the next year. This suggests that the stock has a possible downside of 8.2%.
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 $2.6M)
  • Mr. Johannson L. Yap, Co-Founder, Chief Investment Officer & Exec. VP of West Region (Age 58, Pay $1.22M)
  • Mr. Scott A. Musil, CFO, Sr. VP, Treasurer & Assistant Sec. (Age 53, Pay $710.01k)
  • Mr. David G. Harker, Exec. VP of Central Region (Age 62, Pay $684.11k)
  • Mr. Peter O. Schultz Jr., Exec. VP of East Region (Age 58, Pay $667.86k)
  • 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)
  • 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 shareholders include BlackRock Inc. (12.15%), Principal Financial Group Inc. (4.27%), Principal Financial Group Inc. (4.27%), Price T Rowe Associates Inc. MD (2.74%), Sumitomo Mitsui Trust Holdings Inc. (2.08%) and Dimensional Fund Advisors LP (1.98%). 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 institutional investors are selling First Industrial Realty Trust stock?

FR stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, AJO LP, Price T Rowe Associates Inc. MD, Amundi Pioneer Asset Management Inc., Sumitomo Mitsui Trust Holdings Inc., Rothschild & Co. Asset Management US Inc., and Land & Buildings Investment Management LLC.
View insider buying and selling activity for First Industrial Realty Trust
or view top insider-selling stocks.

Which institutional investors are buying First Industrial Realty Trust stock?

FR stock was purchased by a variety of institutional investors in the last quarter, including Long Pond Capital LP, Norges Bank, BlackRock Inc., Principal Financial Group Inc., Principal Financial Group Inc., Waterfront Capital Partners LLC, Victory Capital Management Inc., and Dimensional Fund Advisors LP.
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 $42.87.

How much money does First Industrial Realty Trust make?

First Industrial Realty Trust has a market capitalization of $5.54 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.

How many employees does First Industrial Realty Trust have?

First Industrial Realty Trust employs 155 workers across the globe.

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 3/7/2021 by MarketBeat.com Staff

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