First Industrial Realty Trust (NYSE:FR) Releases FY 2025 Earnings Guidance

First Industrial Realty Trust (NYSE:FR - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.870-2.970 for the period, compared to the consensus EPS estimate of 2.870. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on FR. KeyCorp raised shares of First Industrial Realty Trust from an "underweight" rating to a "sector weight" rating in a report on Tuesday, December 17th. Barclays reduced their price objective on shares of First Industrial Realty Trust from $56.00 to $55.00 and set an "equal weight" rating on the stock in a report on Monday, November 18th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of First Industrial Realty Trust in a research note on Tuesday, January 14th. They set a "hold" rating and a $52.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $57.38.

First Industrial Realty Trust Stock Performance

NYSE FR traded down $0.28 during trading hours on Friday, hitting $54.87. The company had a trading volume of 1,341,424 shares, compared to its average volume of 1,183,749. The business has a 50 day moving average of $51.61 and a 200-day moving average of $53.50. The company has a market cap of $7.26 billion, a PE ratio of 25.17 and a beta of 1.09. First Industrial Realty Trust has a 1-year low of $45.10 and a 1-year high of $57.35. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.11 and a current ratio of 1.21.

First Industrial Realty Trust (NYSE:FR - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.36. First Industrial Realty Trust had a return on equity of 10.64% and a net margin of 42.94%. As a group, equities research analysts expect that First Industrial Realty Trust will post 2.89 EPS for the current year.

First Industrial Realty Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 21st. Investors of record on Monday, March 31st will be given a $0.445 dividend. This is an increase from First Industrial Realty Trust's previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.78 annualized dividend and a yield of 3.24%. First Industrial Realty Trust's dividend payout ratio is 67.89%.

About First Industrial Realty Trust

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.