NYSE:FR First Industrial Realty Trust (FR) Stock Price, News & Analysis $55.91 -0.53 (-0.94%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$55.64▼$56.5750-Day Range$47.15▼$56.9852-Week Range$40.44▼$57.35Volume1.09 million shsAverage Volume1.03 million shsMarket Capitalization$7.40 billionP/E Ratio25.76Dividend Yield2.65%Price Target$56.46 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get First Industrial Realty Trust alerts: Email Address First Industrial Realty Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.36 Rating ScoreUpside/Downside1.0% Upside$56.46 Price TargetShort InterestHealthy1.33% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.91Upright™ Environmental ScoreNews Sentiment1.24Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth10.31%From $2.62 to $2.89 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.58 out of 5 starsFinance Sector92nd out of 871 stocksReal Estate Investment Trusts Industry8th out of 178 stocks 2.2 Analyst's Opinion Consensus RatingFirst Industrial Realty Trust has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 7 buy ratings, 5 hold ratings, and 2 sell ratings.Amount of Analyst CoverageFirst Industrial Realty Trust has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about First Industrial Realty Trust's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.33% of the outstanding shares of First Industrial Realty Trust have been sold short.Short Interest Ratio / Days to CoverFirst Industrial Realty Trust has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Industrial Realty Trust has recently increased by 5.39%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldFirst Industrial Realty Trust pays a meaningful dividend of 2.61%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Industrial Realty Trust has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of First Industrial Realty Trust is 68.20%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Industrial Realty Trust will have a dividend payout ratio of 51.21% next year. This indicates that First Industrial Realty Trust will be able to sustain or increase its dividend.Read more about First Industrial Realty Trust's dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Industrial Realty Trust has received a 32.28% net impact score from Upright. First Industrial Realty seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Real estate funds investing in industrial, logistics and warehousing buildings", "Industrial and logistics property leasing services", and "Real estate development services of industrial buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for First Industrial Realty Trust is -0.91. Previous Next 2.9 News and Social Media Coverage News SentimentFirst Industrial Realty Trust has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for First Industrial Realty Trust this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for FR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added First Industrial Realty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Industrial Realty Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.94% of the stock of First Industrial Realty Trust is held by insiders.Percentage Held by Institutions99.85% of the stock of First Industrial Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about First Industrial Realty Trust's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for First Industrial Realty Trust are expected to grow by 10.31% in the coming year, from $2.62 to $2.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Industrial Realty Trust is 25.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of First Industrial Realty Trust is 25.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.61.Price to Book Value per Share RatioFirst Industrial Realty Trust has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about First Industrial Realty Trust's valuation and earnings. 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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 approximately 68.5 million square feet of industrial space as of December 31, 2023.Read More FR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FR Stock News HeadlinesSeptember 6 at 5:39 AM | americanbankingnews.comFirst Industrial Realty Trust (NYSE:FR) Given New $62.00 Price Target at MizuhoAugust 29, 2024 | americanbankingnews.comWells Fargo & Company Increases First Industrial Realty Trust (NYSE:FR) Price Target to $61.00September 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… August 28, 2024 | americanbankingnews.comFirst Industrial Realty Trust (NYSE:FR) versus Ready Capital (NYSE:RC) Financial SurveyAugust 28, 2024 | americanbankingnews.comFirst Industrial Realty Trust (NYSE:FR) PT Raised to $58.00August 1, 2024 | prnewswire.comFirst Industrial Realty Trust Declares Common Stock DividendsJuly 31, 2024 | benzinga.comBreaking Down First Industrial Realty: 4 Analysts Share Their ViewsJuly 30, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: Capitaland India Trust (OtherACNDF), Eastgroup Properties (EGP) and First Industrial Realty (FR)September 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… July 30, 2024 | markets.businessinsider.comBarclays Reaffirms Their Hold Rating on First Industrial Realty (FR)July 30, 2024 | finance.yahoo.comZacks.com featured highlights Globe Life, WisdomTree and First Industrial RealtyJuly 22, 2024 | markets.businessinsider.comBuy Rating Affirmed for First Industrial Realty on Strong FFO Performance and Positive Leasing MomentumJuly 19, 2024 | finanznachrichten.deFirst Industrial Realty Trust, Inc.: First Industrial Realty Trust Reports Second Quarter 2024 ResultsJuly 19, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Real Estate Stocks: Rexford Industrial Realty (REXR), Crown Castle (CCI) and First Industrial Realty (FR)July 19, 2024 | markets.businessinsider.comBuy Rating Justified: First Industrial Realty’s Strong Leasing Performance and Improved Financial OutlookJuly 19, 2024 | gurufocus.comQ2 2024 First Industrial Realty Trust Inc Earnings Call TranscriptJuly 17, 2024 | prnewswire.comFirst Industrial Realty Trust Reports Second Quarter 2024 ResultsJuly 9, 2024 | seekingalpha.comFirst Industrial: Recent Volatility Makes Them More Attractive Compared To PeersSee More Headlines Receive FR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Industrial Realty Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Last Earnings7/17/2024Today9/07/2024Ex-Dividend for 10/21 Dividend9/30/2024Next Earnings (Estimated)10/16/2024Dividend Payable10/21/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryIndustrial REITs Current SymbolNYSE:FR CUSIP32054K10 CIK921825 Webwww.firstindustrial.com Phone(312) 344-4300Fax312-922-6320Employees160Year Founded1994Price Target and Rating Average Stock Price Target$56.46 High Stock Price Target$64.00 Low Stock Price Target$42.00 Potential Upside/Downside+1.0%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$2.17 Trailing P/E Ratio25.76 Forward P/E Ratio21.34 P/E GrowthN/ANet Income$274.82 million Net Margins44.46% Pretax Margin45.27% Return on Equity10.72% Return on Assets5.48% Debt Debt-to-Equity Ratio0.83 Current Ratio1.16 Quick Ratio1.16 Sales & Book Value Annual Sales$638.79 million Price / Sales11.58 Cash Flow$3.30 per share Price / Cash Flow16.94 Book Value$20.24 per share Price / Book2.76Miscellaneous Outstanding Shares132,341,000Free Float131,097,000Market Cap$7.40 billion OptionableOptionable Beta1.08 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Peter E. Baccile (Age 62)President, CEO & Director Comp: $2.7MMr. Johannson L. Yap (Age 61)Co-Founder, Chief Investment Officer & Executive VP of West Region Comp: $1.7MMr. Scott A. Musil CPA (Age 56)CFO, Senior VP, Treasurer & Assistant Secretary Comp: $1.02MMs. Jennifer E. Matthews Rice (Age 53)General Counsel & Secretary Comp: $765.44kMr. Peter O. Schultz Jr. (Age 61)Executive Vice President of East Region Comp: $1.42MMr. Christopher M. Schneider CPAExecutive VP of Operations & Chief Information OfficerMs. Sara E. NiemiecChief Accounting OfficerMr. Arthur J. HarmonSenior Vice President of Investor Relations & MarketingMr. Robert J. WalterExecutive Vice President of Capital Markets & Asset ManagementMr. Adam MooreSenior Regional Director of Chicago - MilwaukeeMore ExecutivesKey CompetitorsEastGroup PropertiesNYSE:EGPSTAG IndustrialNYSE:STAGTerreno RealtyNYSE:TRNOPrologisNYSE:PLDEquity ResidentialNYSE:EQRView All CompetitorsInstitutional OwnershipSanctuary Advisors LLCBought 5,887 shares on 9/5/2024Ownership: 0.004%Truist Financial CorpSold 39,232 shares on 8/21/2024Ownership: 0.118%Northwestern Mutual Wealth Management Co.Bought 952 shares on 8/16/2024Ownership: 0.009%Quarry LPBought 625 shares on 8/16/2024Ownership: 0.002%Sunbelt Securities Inc.Sold 343 shares on 8/16/2024Ownership: 0.001%View All Institutional Transactions FR Stock Analysis - Frequently Asked Questions How have FR shares performed this year? First Industrial Realty Trust's stock was trading at $52.67 on January 1st, 2024. Since then, FR stock has increased by 6.2% and is now trading at $55.91. View the best growth stocks for 2024 here. How were First Industrial Realty Trust's earnings last quarter? First Industrial Realty Trust, Inc. (NYSE:FR) issued its quarterly earnings data on Wednesday, July, 17th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by $0.25. The company's revenue for the quarter was up 7.8% on a year-over-year basis. What is Bruce W. Duncan's approval rating as First Industrial Realty Trust's CEO? 12 employees have rated First Industrial Realty Trust Chief Executive Officer Bruce W. Duncan on Glassdoor.com. Bruce W. Duncan has an approval rating of 71% among the company's employees. Who are First Industrial Realty Trust's major shareholders? Top institutional investors of First Industrial Realty Trust include Principal Financial Group Inc. (2.28%), Victory Capital Management Inc. (1.65%), Dimensional Fund Advisors LP (1.53%) and Bank of New York Mellon Corp (1.00%). Insiders that own company stock include Scott A Musil and Johannson L Yap. View institutional ownership trends. How do I buy shares of First Industrial Realty Trust? Shares of FR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of First Industrial Realty Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Pfizer (PFE). This page (NYSE:FR) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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