Log in
NYSE:FR

First Industrial Realty Trust Stock Forecast, Price & News

$41.88
-0.60 (-1.41 %)
(As of 11/30/2020 12:00 AM ET)
Add
Compare
Today's Range
$41.81
Now: $41.88
$42.42
50-Day Range
$39.75
MA: $41.91
$44.30
52-Week Range
$25.89
Now: $41.88
$46.12
Volume657,952 shs
Average Volume1.11 million shs
Market Capitalization$5.40 billion
P/E Ratio25.54
Dividend Yield2.35%
Beta0.89
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

Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.62 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
CUSIP32054K10
Phone312-344-4300
Employees155

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$425.98 million
Cash Flow$2.87 per share
Book Value$14.64 per share

Profitability

Net Income$238.77 million

Miscellaneous

Market Cap$5.40 billion
Next Earnings Date2/10/2021 (Estimated)
OptionableOptionable
$41.88
-0.60 (-1.41 %)
(As of 11/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive FR News and Ratings via Email

Sign-up to receive the latest news and ratings for FR and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











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

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 (WHO). Since then, FR stock has increased by 23.4% and is now trading at $41.88.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of First Industrial Realty Trust?

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.

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

Wall Street analysts have given First Industrial Realty Trust a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year 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.

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, February 10th 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) 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
.

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 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
.

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, 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.

What price target have analysts set for FR?

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
.

Are investors shorting 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
.

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 plc (MNDI.L) (MNDI).

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 58, Pay $2.6M)
  • Mr. Johannson L. Yap, Co-Founder, Chief Investment Officer & Exec. VP of West Region (Age 57, Pay $1.22M)
  • Mr. Scott A. Musil, CFO, Sr. VP, Treasurer & Assistant Sec. (Age 52, Pay $710.01k)
  • Mr. David G. Harker, Exec. VP of Central Region (Age 61, Pay $684.11k)
  • Mr. Peter O. Schultz Jr., Exec. VP of East Region (Age 57, 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 49)
  • Mr. Adam Moore, Sr. Regional Director of Chicago - Milwaukee

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 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
.

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 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
.

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 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
.

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 $41.88.

How big of a company is First Industrial Realty Trust?

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.

What is First Industrial Realty Trust's official website?

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

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 12/1/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.