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First Industrial Realty Trust (FR) Stock

Profile

Industry:

Industrial

Country:

United States

IPO:

24 June 1994

Indexes:

Not included

Description:

First Industrial Realty Trust (FR) is a real estate investment trust (REIT) focused on acquiring, developing, and managing industrial properties across the United States. It specializes in logistics and distribution facilities, catering to the growing demand for e-commerce and supply chain solutions.

Key Details

Price

$54.08

TTM Dividend Yield

2.64%(-4.00% YoY)

Annual Revenue

$614.03 M(+13.72% YoY)

Annual EPS

$2.07(-23.90% YoY)

PE Ratio

23.21(+2.79% YoY)

Beta

0.67

Events Calendar

Earnings

Next earnings date:

Feb 07, 2025

Recent quarterly earnings:

Oct 16, 2024

Recent annual earnings:

Feb 07, 2024
Dividend

Next ex-dividend date:

Dec 31, 2024

Recent ex-dividend date:

Sept 30, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

18 Nov '24 Barclays
Equal-Weight
10 Oct '24 Barclays
Equal-Weight
05 Sept '24 Mizuho
Outperform
28 Aug '24 Wells Fargo
Equal-Weight
26 Aug '24 Scotiabank
Sector Perform
13 Aug '24 Wolfe Research
Outperform
07 Aug '24 Scotiabank
Sector Perform
05 Aug '24 Truist Securities
Buy
31 July '24 JP Morgan
Overweight
30 July '24 RBC Capital
Outperform

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Institutional Ownership

First Industrial Realty Trust Declares Common Stock Dividends
First Industrial Realty Trust Declares Common Stock Dividends
First Industrial Realty Trust Declares Common Stock Dividends
FR
prnewswire.com30 October 2024

CHICAGO , Oct. 30, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that its board of directors declared a common stock dividend of $0.37 per share/unit for the quarter ending December 31, 2024 payable on January 21, 2025 to stockholders of record on December 31, 2024. About First Industrial Realty Trust, Inc. First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties.

First Industrial Realty Trust, Inc. (FR) Q3 2024 Earnings Call Transcript
First Industrial Realty Trust, Inc. (FR) Q3 2024 Earnings Call Transcript
First Industrial Realty Trust, Inc. (FR) Q3 2024 Earnings Call Transcript
FR
seekingalpha.com17 October 2024

First Industrial Realty Trust, Inc. (NYSE:FR ) Q3 2024 Earnings Conference Call October 17, 2024 11:00 AM ET Company Participants Art Harmon - SVP, IR & Marketing Peter Baccile - President and CEO Scott Musil - CFO Christopher Schneider - EVP, Operations & CIO Peter Schultz - EVP Johannson Yap - CIO Conference Call Participants Blaine Heck - Wells Fargo Craig Mailman - Citi Vikram Malhotra - Mizuho Caitlin Burrows - Goldman Sachs Rich Anderson - Wedbush Robert Stevenson - Janney Nick Thillman - Baird Vince Tibone - Green Street Michael Mueller - JPMorgan Nicholas Yulico - Scotiabank Brendan Lynch - Barclays Operator Good day, and welcome to the First Industrial Realty Trust, Inc. Third Quarter Results Call. All participants will be in a listen-only mode.

First Industrial Realty Trust (FR) Tops Q3 FFO and Revenue Estimates
First Industrial Realty Trust (FR) Tops Q3 FFO and Revenue Estimates
First Industrial Realty Trust (FR) Tops Q3 FFO and Revenue Estimates
FR
zacks.com16 October 2024

First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.68 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to FFO of $0.62 per share a year ago.

Are You Looking for a High-Growth Dividend Stock?
Are You Looking for a High-Growth Dividend Stock?
Are You Looking for a High-Growth Dividend Stock?
FR
zacks.com10 October 2024

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?

First Industrial Realty Trust To Host Third Quarter 2024 Results Conference Call On October 17
First Industrial Realty Trust To Host Third Quarter 2024 Results Conference Call On October 17
First Industrial Realty Trust To Host Third Quarter 2024 Results Conference Call On October 17
FR
prnewswire.com01 October 2024

CHICAGO , Oct. 1, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its third quarter 2024 results conference call on Thursday, October 17, 2024 at 10:00 a.m. CDT (11:00 a.m.

First Industrial Realty Trust: One Of My Top Industrial REIT Picks
First Industrial Realty Trust: One Of My Top Industrial REIT Picks
First Industrial Realty Trust: One Of My Top Industrial REIT Picks
FR
seekingalpha.com08 September 2024

First Industrial Realty Trust is an industrial REIT with 67.9m sq. ft. of leasable area. Rising interest rates and oversupply have pressured the industrial property sector, but signs of a market shift are emerging. Demand is improving, and construction is cooling, suggesting a future undersupply that will benefit industrial REITs like FR.

Wolfe Research upgrades First Industrial Realty Trust: Can it reach $64?
Wolfe Research upgrades First Industrial Realty Trust: Can it reach $64?
Wolfe Research upgrades First Industrial Realty Trust: Can it reach $64?
FR
invezz.com13 August 2024

On August 13, 2024, Wolfe Research upgraded First Industrial Realty Trust (FR) from Peer Perform to Outperform, setting a year-end 2025 price target of $64. This upgrade suggests a potential 19% upside from its current trading price of around $53.89.

First Industrial Realty Trust Declares Common Stock Dividends
First Industrial Realty Trust Declares Common Stock Dividends
First Industrial Realty Trust Declares Common Stock Dividends
FR
prnewswire.com01 August 2024

CHICAGO , Aug. 1, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that its board of directors declared a common stock dividend of $0.37 per share/unit for the quarter ending September 30, 2024 payable on October 21, 2024 to stockholders of record on September 30, 2024. About First Industrial Realty Trust, Inc. First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties.

First Industrial Realty Trust (FR) Q2 FFO and Revenues Beat Estimates
First Industrial Realty Trust (FR) Q2 FFO and Revenues Beat Estimates
First Industrial Realty Trust (FR) Q2 FFO and Revenues Beat Estimates
FR
zacks.com17 July 2024

First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.66 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to FFO of $0.61 per share a year ago.

First Industrial Realty Trust Reports Second Quarter 2024 Results
First Industrial Realty Trust Reports Second Quarter 2024 Results
First Industrial Realty Trust Reports Second Quarter 2024 Results
FR
prnewswire.com17 July 2024

Signed 1.1 Million Square Feet of New Leases for Speculative Developments in the Second Quarter and Third Quarter To-Date Signed a 212,000 Square-Foot Partial Build-to-Suit Lease in the Second Quarter Started Two Developments in South Florida and the Partial Build-To-Suit in Houston Totaling 683,000 Square Feet, Estimated Investment of $109 Million Renewed Largest 2025 Lease Rollover of 1.3 Million Square Feet Renewed One of the Two Largest Remaining 2024 Expirations in Southern California for 221,000 Square Feet 45% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2024 Sold Eight Buildings for $90 Million in the Second Quarter and Third Quarter To-Date 2024 NAREIT FFO Guidance Increased $0.03 at the Midpoint to $2.57 to $2.65 Per Share/Unit CHICAGO , July 17, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced results for the second quarter of 2024. First Industrial's diluted net income available to common stockholders per share (EPS) was $0.39 in the second quarter, compared to $0.41 a year ago and second quarter funds from operations (FFO) was $0.66 per share/unit on a diluted basis, compared to $0.61 per share/unit a year ago.

FAQ

  • What is the primary business of First Industrial Realty Trust?
  • What is the ticker symbol for First Industrial Realty Trust?
  • Does First Industrial Realty Trust pay dividends?
  • What sector is First Industrial Realty Trust in?
  • What industry is First Industrial Realty Trust in?
  • What country is First Industrial Realty Trust based in?
  • When did First Industrial Realty Trust go public?
  • Is First Industrial Realty Trust in the S&P 500?
  • Is First Industrial Realty Trust in the NASDAQ 100?
  • Is First Industrial Realty Trust in the Dow Jones?
  • When was First Industrial Realty Trust's last earnings report?
  • When does First Industrial Realty Trust report earnings?
  • Should I buy First Industrial Realty Trust stock now?

What is the primary business of First Industrial Realty Trust?

First Industrial Realty Trust (FR) is a real estate investment trust (REIT) focused on acquiring, developing, and managing industrial properties across the United States. It specializes in logistics and distribution facilities, catering to the growing demand for e-commerce and supply chain solutions.

What is the ticker symbol for First Industrial Realty Trust?

The ticker symbol for First Industrial Realty Trust is NYSE:FR

Does First Industrial Realty Trust pay dividends?

Yes, First Industrial Realty Trust pays dividends. The last payment was $0.37, with an ex-dividend date on 30 September 2024

What sector is First Industrial Realty Trust in?

First Industrial Realty Trust is in the Real Estate sector

What industry is First Industrial Realty Trust in?

First Industrial Realty Trust is in the Industrial industry

What country is First Industrial Realty Trust based in?

First Industrial Realty Trust is headquartered in United States

When did First Industrial Realty Trust go public?

First Industrial Realty Trust's initial public offering (IPO) was on 24 June 1994

Is First Industrial Realty Trust in the S&P 500?

No, First Industrial Realty Trust is not included in the S&P 500 index

Is First Industrial Realty Trust in the NASDAQ 100?

No, First Industrial Realty Trust is not included in the NASDAQ 100 index

Is First Industrial Realty Trust in the Dow Jones?

No, First Industrial Realty Trust is not included in the Dow Jones index

When was First Industrial Realty Trust's last earnings report?

First Industrial Realty Trust's most recent earnings report was on 16 October 2024

When does First Industrial Realty Trust report earnings?

The next expected earnings date for First Industrial Realty Trust is 7 February 2025

Should I buy First Industrial Realty Trust stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions