First Industrial Realty Trust, Inc. (FR)

NYSE: FR · Real-Time Price · USD
49.02
+0.74 (1.53%)
Aug 13, 2025, 4:00 PM - Market closed
1.53%
Market Cap 6.69B
Revenue (ttm) 700.53M
Net Income (ttm) 270.87M
Shares Out 136.49M
EPS (ttm) 2.05
PE Ratio 23.96
Forward PE 30.70
Dividend $1.78 (3.63%)
Ex-Dividend Date Jun 30, 2025
Volume 772,763
Open 48.39
Previous Close 48.28
Day's Range 48.30 - 49.20
52-Week Range 40.31 - 58.17
Beta 1.05
Analysts Buy
Price Target 55.91 (+14.06%)
Earnings Date Jul 16, 2025

About FR

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. Our portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets. In total, we own and have under development appro... [Read more]

Sector Real Estate
IPO Date Jun 23, 1994
Employees 151
Stock Exchange NYSE
Ticker Symbol FR
Full Company Profile

Financial Performance

In 2024, FR's revenue was $672.18 million, an increase of 8.73% compared to the previous year's $618.20 million. Earnings were $287.34 million, an increase of 4.65%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for FR stock is "Buy." The 12-month stock price target is $55.91, which is an increase of 14.06% from the latest price.

Price Target
$55.91
(14.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

First Industrial Realty Trust Declares Common Stock Dividends

CHICAGO , Aug. 12, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that its boa...

1 day ago - PRNewsWire

First Industrial: Q2 Earnings Reinforce Portfolio Strength Amidst Uncertainty

I maintain my buy rating on First Industrial Realty, supported by strong earnings, resilient financials, and impressive long-term dividend growth. FR's industrial-focused portfolio, blue-chip tenants,...

23 days ago - Seeking Alpha

Powell Pressured As Inflation Cools

U.S. equity markets climbed to fresh record-highs this week after a critical slate of inflation data showed that tariff-driven inflation remains muted, while rumors of a potential Powell termination s...

24 days ago - Seeking Alpha

2 Deep Value Dividend Stocks Hiding In Plain Sight

This year's wild macro backdrop pushed me to write longer, deeper articles. So today I'm sharing two new under-the-radar dividend gems I discovered. Both stocks align with my long-term macro views and...

Other symbols: NOA
26 days ago - Seeking Alpha

First Industrial Realty Trust, Inc. (FR) Q2 2025 Earnings Call Transcript

First Industrial Realty Trust, Inc. (NYSE:FR) Q2 2025 Earnings Conference Call July 17, 2025 11:00 AM ET Company Participants Arthur J. Harmon - Senior Vice President of Investor Relations & Marketin...

27 days ago - Seeking Alpha

First Industrial Realty Trust Reports Second Quarter 2025 Results

Second Quarter Cash Same Store NOI Growth of 8.7% 33% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 38% Increase Excluding 1.3 MSF Fixed-Rate Renewal Signed a 58,000 SF Lease ...

4 weeks ago - PRNewsWire

First Industrial Realty Trust To Host Second Quarter 2025 Results Conference Call On July 17

CHICAGO , July 1, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its second quarter 2...

6 weeks ago - PRNewsWire

First Industrial Realty: Attractive Despite Tariff Uncertainty

First Industrial Realty faces near-term headwinds from tariff uncertainty, especially on the West Coast, but long-term fundamentals remain solid. Demand is tepid due to trade policy paralysis, yet sup...

2 months ago - Seeking Alpha

First Industrial Realty Trust To Present At Nareit's REITWeek 2025 Investor Conference

CHICAGO , June 2, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will present at Nareit's REITW...

2 months ago - PRNewsWire

U.S. REIT Same-Store Net Operating Income Growth Slips In Q1

US equity REITs reported a marginal decline in the median growth rate of their same-store NOI in Q1 as the commercial real estate market continues to face macroeconomic challenges. Among all US equity...

2 months ago - Seeking Alpha

Tariffs Up, Inflation Down

US equity markets surged this week - extending a dramatic post "Liberation Day" rebound - after the White House announced a trade truce with China, while investors cheered surprisingly cool inflation ...

3 months ago - Seeking Alpha

First Industrial Realty Trust Announces Pricing of $450 Million of Senior Notes Due 2031

CHICAGO , May 12, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (the "Company") (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announce...

3 months ago - PRNewsWire

3 Top REITs To Buy In May 2025

We live in a very uncertain world. It is leading to some interesting buying opportunities. I highlight 3 REITs to consider buying in May 2025.

Other symbols: BXKKR
3 months ago - Seeking Alpha

Market Reversal: REITs Beating Tech In 2025

Tech stocks have been very rewarding in the last few years. REITs, on the other hand, have been very poor investments. But things are changing, and REITs are now beating Tech. Here's why.

Other symbols: AVBEGPMAGSQQQSPYVNQWSR
3 months ago - Seeking Alpha

Buy The Dip: 3 Stocks Getting Way Too Cheap

We are likely headed into a recession. Cyclical stocks have sold off significantly. Some of them are now deeply undervalued and could present significant upside potential in a future recovery.

Other symbols: CZRGLPI
3 months ago - Seeking Alpha

First Industrial Realty Trust, Inc. (FR) Q1 2025 Earnings Call Transcript

First Industrial Realty Trust, Inc. (NYSE:FR) Q1 2025 Earnings Conference Call April 17, 2025 11:00 AM ET Company Participants Art Harmon - SVP, IR and Marketing Peter Baccile - President and CEO Sco...

4 months ago - Seeking Alpha

FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2025 RESULTS

Cash Same Store NOI Growth of 10.1% Cash Rental Rates Up 42% in 1Q25 30% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 36% Increase Excluding 1.3 Million Square-Foot Fixed-Rat...

4 months ago - PRNewsWire

First Industrial Realty Trust: One Of The Best Industrial REITs

First Industrial Realty Trust, Inc. remains a top-tier industrial REIT with strong rent growth and a strategic focus on 15 key U.S. markets. Despite a drop in occupancy rates, FR's ability to capitali...

4 months ago - Seeking Alpha

First Industrial: The Dividend Growth Giant That Doesn't Get Enough Attention

First Industrial Realty Trust stands out among REITs, offering a well-supported dividend and consistent earnings increases over time. FR's portfolio focuses on industrial and commercial properties, en...

4 months ago - Seeking Alpha

A Big Market Reversal Is Likely Coming In 2025

REITs have significantly underperformed in recent years. But a big market reversal is underway. REITs are now massively outperforming, and I expect this to continue.

4 months ago - Seeking Alpha

First Industrial Realty Trust To Host First Quarter 2025 Results Conference Call On April 17

CHICAGO , March 28, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its first quarter ...

4 months ago - PRNewsWire

21 Upcoming Dividend Increases To Finish Q1

The lists were created using the U.S. Dividend Champions spreadsheet and NASDAQ data, ensuring companies have at least five years of dividend growth. My investment strategy focuses on buying, holding,...

5 months ago - Seeking Alpha

Certainly Uncertain

US equity markets posted modest gains this week - snapping a four-week losing streak - as investors parsed commentary and updated forecasts from the Federal Reserve's policy meeting. Ahead of the loom...

5 months ago - Seeking Alpha

The State Of REITs: March 2025 Edition

REITs bounced back (+1.77%) in February and now have a positive year-to-date total return (+0.79%) after the first two months of the year. Large cap (+4.58%), small cap (+2.00%) and mid cap REITs (+0....

5 months ago - Seeking Alpha

First Industrial Realty Trust Closes $850 Million Unsecured Revolving Credit Facility and $200 Million Unsecured Term Loan

CHICAGO , March 18, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced it has close...

5 months ago - PRNewsWire