First Industrial Realty Trust Stock Forecast, Price & News

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 (WHO). Since then, FR stock has increased by 23.4% and is now trading at $41.88.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for First Industrial Realty Trust or view MarketBeat's top 5 stock picks.

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First Industrial Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for First Industrial Realty Trust.

First Industrial Realty Trust, Inc. (NYSE:FR) posted its quarterly earnings results on Wednesday, October, 21st. The real estate investment trust reported $0.28 EPS for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.18. The real estate investment trust had revenue of $116.19 million for the quarter, compared to analyst estimates of $108.44 million. First Industrial Realty Trust had a net margin of 46.84% and a return on equity of 11.50%. The firm's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.44 earnings per share.
View First Industrial Realty Trust's earnings history.

First Industrial Realty Trust announced a quarterly dividend on Tuesday, November 3rd. Shareholders of record on Thursday, December 31st will be paid a dividend of $0.25 per share on Tuesday, January 19th. This represents a $1.00 annualized dividend and a dividend yield of 2.39%. The ex-dividend date is Wednesday, December 30th.
View First Industrial Realty Trust's dividend history.

First Industrial Realty Trust issued an update on its FY20 earnings guidance on Wednesday, October, 21st. The company provided earnings per share (EPS) guidance of $1.78-1.82 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.80.

11 brokers have issued 1-year price targets for First Industrial Realty Trust's stock. Their forecasts range from $10.50 to $48.00. On average, they expect First Industrial Realty Trust's stock price to reach $34.75 in the next twelve months. This suggests that the stock has a possible downside of 17.0%.
View analysts' price targets for First Industrial Realty Trust.

First Industrial Realty Trust saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 1,150,000 shares, a decrease of 13.5% from the October 31st total of 1,330,000 shares. Based on an average daily trading volume, of 790,100 shares, the days-to-cover ratio is presently 1.5 days.
View First Industrial Realty Trust's Short Interest.

Some companies that are related to First Industrial Realty Trust include Prologis (PLD), EastGroup Properties (EGP), STAG Industrial (STAG), Terreno Realty (TRNO) and Monmouth Real Estate Investment (MNR).
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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 plc (MNDI.L) (MNDI).

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

First Industrial Realty Trust's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (11.71%), State Street Corp (4.22%), Principal Financial Group Inc. (3.90%), Lasalle Investment Management Securities LLC (2.06%), JPMorgan Chase & Co. (1.52%) and Charles Schwab Investment Management Inc. (1.24%). Company insiders that own First Industrial Realty Trust stock include Bruce W Duncan, 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 Jane Street Group LLC, Westwood Holdings Group Inc., State Street Corp, Victory Capital Management Inc., BlackRock Inc., Paloma Partners Management Co, Charles Schwab Investment Management Inc., and AQR Capital Management LLC. Company insiders that have sold First Industrial Realty Trust company stock in the last year include Johannson L Yap, and Scott A Musil.
View insider buying and selling activity for First Industrial Realty Trust.

FR stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Carlson Capital L P, Lasalle Investment Management Securities LLC, AJO LP, Morgan Stanley, Thrivent Financial for Lutherans, Land & Buildings Investment Management LLC, and Heitman Real Estate Securities LLC.
View insider buying and selling activity 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 $41.88.

First Industrial Realty Trust has a market capitalization of $5.40 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 155 workers across the globe.

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

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]