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First Industrial Realty Trust, Inc.

NYSE:FR

$65.05 USD

$0.3 (0.46%)

Volume
11.9K
Average Volume
1.06M
Market Capitalization
$8.62B
P/E Ratio
25.12
Dividend Yield
2.91%
Price Target
$67.00
Year High
$65.74
Year Low
$47.38
Day High
Day Low
Payout Ratio
$0.85
Current Ratio
$0.69
Source Headline
First Industrial Realty: Strong Fundamentals But Expensive (Rating Downgrade)

First Industrial Realty Trust, Inc. is downgraded to Hold after a strong price run and elevated valuation. FR stock trades at a forward price to AFFO of 24.75x, well above the sector median, despite slowing same-store NOI growth. Portfolio strength is supported by diversification, data center land sales, and robust dividend coverage with a 3% yield.

seekingalpha.com - 2026-07-10 12:15:05

First Industrial Realty Trust To Host Second Quarter 2026 Results Conference Call On July 23

CHICAGO, July 7, 2026 /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 2026 results conference call on Thursday, July 23, 2026 at 10:00 a.m. CDT (11:00 a.m.

prnewswire.com - 2026-07-07 14:02:00

JP Morgan Adds One of Our Favorite Dividend Stocks to the July US Equity Analyst Focus List

J.P. Morgan just quietly added a high-yield dividend stock to its July Focus List, and it happens to be one we have tracked closely for years. Find out which five names on the list could deliver steady income and serious upside as earnings season kicks off.

247wallst.com - 2026-07-07 08:50:57

A Look at First Industrial Realty Trust Inc (FR) After 3.4% Decline -- GF Value $61.79 vs Price $60.70

On June 17, 2026, First Industrial Realty Trust Inc (FR) shares fell 3.4%, bringing the current price to $60.70. The stock has seen a 52-week range between $47.

gurufocus.com - 2026-06-17 20:29:00

A Look at First Industrial Realty Trust Inc (FR) After 3.3% Gain -- GF Value $61.68 vs Price $62.92

On June 09, 2026, First Industrial Realty Trust Inc (FR) shares rose 3.3% today, bringing the current price to $62.92. The stock has experienced a 52-week range

gurufocus.com - 2026-06-09 19:41:00

First Industrial Realty: It's Time To Put It On Hold (Rating Downgrade)

First Industrial Realty Trust is downgraded from buy to hold due to less attractive valuation and limited total return potential given market conditions. FR continues to deliver double-digit CAGR in FFO and DPS, with Q1 leasing performance exceeding expectations. Industrial market fundamentals are softening, with supply outpacing demand and vacancy rates rising, impacting FR's negotiating position.

seekingalpha.com - 2026-06-02 17:26:15

First Industrial Realty Trust, Inc. (FR) Presents at Nareit REITweek: 2026 Investor Conference Transcript

First Industrial Realty Trust, Inc. (FR) Presents at Nareit REITweek: 2026 Investor Conference Transcript

seekingalpha.com - 2026-06-02 16:21:54

First Industrial Realty Trust Inc (FR) Shares Fall 3.5% -- What GF Score of 89 Tells Investors

On June 01, 2026, First Industrial Realty Trust Inc (FR) shares fell 3.5% to a current price of $59.69. This decline comes as the stock has experienced a 52-wee

gurufocus.com - 2026-06-01 20:52:00

First Industrial to Present at Nareit's REITWeek 2026 Investor Conference

CHICAGO, June 1, 2026 /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 REITWeek 2026 Investor Conference on Tuesday, June 2, 2026 at 2:30 PM EDT (1:30 PM CDT). A webcast of the presentation will be available on First Industrial's website at www.firstindustrial.com under the "Investors" tab.

prnewswire.com - 2026-06-01 08:30:00

The Smart Money Is Quietly Buying These REITs

Smart money is piling into data centers and senior housing. One top activist REIT investor is making contrarian bets. INVH and NHI could be overlooked beneficiaries.

seekingalpha.com - 2026-06-01 07:15:00

Uncover the Dominance: This Surprising Investment Outshines the S&P 500 with Steady, Impressive Gains

The industrial REIT sector provided an average annual return of 13.5% from 1994 to 2025.

fool.com - 2026-05-16 11:45:00

First Industrial Shareholders Re-elect All Company Directors

CHICAGO, April 30, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that, based on the final vote count provided by its Independent Inspector of Elections following the Company's 2026 Annual Meeting of Stockholders (the "Annual Meeting"), shareholders re-elected each of the Company's incumbent directors – Peter E. Baccile, Teresa Bryce Bazemore, Matthew S.

prnewswire.com - 2026-04-30 16:20:00

First Industrial Declares Common Stock Dividends

CHICAGO, April 30, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that its board of directors declared a common stock dividend of $0.50 per share/unit for the quarter ending June 30, 2026 payable on July 20, 2026 to stockholders of record on June 30, 2026. 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.

prnewswire.com - 2026-04-30 16:19:00

First Industrial Realty: A Stress-Free REIT With Reliable Growth Drivers

First Industrial Realty Trust is a disciplined industrial REIT, leveraging strategic development and capital recycling for steady income and growth. FR's Q1 results showed robust fundamentals: 8.7% same-store NOI growth, 41% cash leasing spreads, and stable 94.3% occupancy. Industry tailwinds are turning positive, with moderating supply, resilient demand, and FR's early lease renewal progress reducing rollover risk.

seekingalpha.com - 2026-04-25 10:46:00

First Industrial Realty Trust, Inc. (FR) Q1 2026 Earnings Call Transcript

First Industrial Realty Trust, Inc. (FR) Q1 2026 Earnings Call Transcript

seekingalpha.com - 2026-04-23 15:41:46

First Industrial Realty Trust (FR) Lags Q1 FFO Estimates

First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.68 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to FFO of $0.68 per share a year ago.

zacks.com - 2026-04-22 20:01:53

First Industrial Realty Trust Reports First Quarter 2026 Results

Cash Same Store NOI Growth of 8.7% Cash Rental Rates Up 32% in 1Q26 41% Cash Rental Rate Increase on Leases Signed To Date Commencing in 2026; Includes 556,000 SF Renewal in the Inland Empire Signed Agreement with 3PL Credit Watchlist Tenant; Collected Approximately 60% of Balance Owed at Year-End 2025 with Scheduled Payments to Collect Remainder by End of 2026 Signed 383,000 SF of New Leases for Several Development Projects in the First Quarter and Second Quarter To Date Started Two Developments in the First Quarter Totaling 305,000 SF in Miami and Dallas, Estimated Investment of $70 Million Closed $425 Million and $375 Million Unsecured Term Loans Increased First Quarter 2026 Dividend to $0.50 Per Share, a 12.4% Increase CHICAGO , April 22, 2026 /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 first quarter of 2026. First Industrial's diluted net income available to common stockholders per share (EPS) was $1.08 in the first quarter, compared to $0.36 a year ago and first quarter funds from operations (FFO) was $0.68 per share/unit on a diluted basis, compared to $0.68 per share/unit a year ago.

prnewswire.com - 2026-04-22 16:40:00

Asset Management One Co. Ltd. Sells 8,999 Shares of First Industrial Realty Trust, Inc. $FR

Asset Management One Co. Ltd. cut its stake in shares of First Industrial Realty Trust, Inc. (NYSE: FR) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 254,362 shares of the real estate investment trust's stock after selling

defenseworld.net - 2026-04-21 03:26:49

Fiscal Wisdom Wealth Management LLC Has $840,000 Stake in First Majestic Silver Corp. $AG

Fiscal Wisdom Wealth Management LLC lessened its position in shares of First Majestic Silver Corp. (NYSE: AG) (TSE: FR) by 37.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,449 shares of the mining company's stock after selling 30,051

defenseworld.net - 2026-04-20 04:28:50

29,515 Shares in First Majestic Silver Corp. $AG Acquired by Bayforest Capital Ltd

Bayforest Capital Ltd bought a new position in shares of First Majestic Silver Corp. (NYSE: AG) (TSE: FR) during the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor bought 29,515 shares of the mining company's stock, valued at approximately $492,000. Several other large investors have also recently added

defenseworld.net - 2026-04-19 04:01:10

First Industrial Realty Trust (FR) is a Top Dividend Stock Right Now: Should You Buy?

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?

zacks.com - 2026-04-17 12:45:29

Land & Buildings Responds to First Industrial's Latest Shareholder Letter Ahead of April 30 Annual Meeting

STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings,” “L&B,” “us” or “we”), a shareholder of First Industrial Realty Trust, Inc. (NYSE: FR) (“First Industrial,” “FR” or the “Company”), issued a letter to shareholders responding to the Company's latest shareholder letter dated April 13, 2026 and reiterating why shareholders should vote AGAINST the reelection of Chairman Matt Dominski and Director H. Pat.

businesswire.com - 2026-04-16 09:00:00

Head-To-Head Review: Highlands REIT (OTCMKTS:HHDS) & First Industrial Realty Trust (NYSE:FR)

Highlands REIT (OTCMKTS:HHDS - Get Free Report) and First Industrial Realty Trust (NYSE: FR - Get Free Report) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, earnings, institutional ownership, risk, analyst recommendations and valuation. Institutional and Insider Ownership 0.0% of

defenseworld.net - 2026-04-15 02:29:08

Get FR Insider Trade Alerts

FR Price Target Summary

Last Month

$83.00

1 analysts

Last Quarter

$70.75

4 analysts

Last Year

$63.25

20 analysts

All Time

$60.86

37 analysts

FR Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2026-06-01 Wells Fargo Maintain Equal Weight Equal Weight
2026-05-15 Truist Securities Maintain Buy Buy
2026-04-28 Baird Maintain Outperform Outperform
2026-03-02 Scotiabank Maintain Sector Perform Sector Perform
2026-02-23 Wells Fargo Maintain Equal Weight Equal Weight
2026-02-18 Truist Securities Maintain Buy Buy
2026-02-11 Citigroup Maintain Neutral Neutral
2026-02-10 RBC Capital Maintain Outperform Outperform
2026-02-06 Cantor Fitzgerald Maintain Neutral Neutral
2026-01-20 Truist Securities Maintain Buy Buy
2026-01-14 Scotiabank Maintain Sector Perform Sector Perform
2025-12-04 Mizuho Maintain Outperform Outperform
2025-11-10 Scotiabank Maintain Sector Perform Sector Perform
2025-10-27 Wells Fargo Maintain Equal Weight Equal Weight
2025-10-24 RBC Capital Maintain Outperform Outperform
2025-10-23 JP Morgan Maintain Overweight Overweight
2025-10-21 Goldman Sachs Maintain Neutral Neutral
2025-09-29 RBC Capital Maintain Outperform Outperform
2025-09-08 Mizuho Maintain Outperform Outperform
2025-08-27 Scotiabank Maintain Sector Perform Sector Perform
2025-07-25 Truist Securities Maintain Buy Buy
2025-05-19 Wells Fargo Maintain Equal Weight Equal Weight
2025-05-12 Scotiabank Maintain Sector Perform Sector Perform
2025-05-06 Baird Maintain Outperform Outperform
2025-05-05 Truist Securities Maintain Buy Buy
2025-04-30 Barclays Maintain Equal Weight Equal Weight
2025-04-29 RBC Capital Maintain Outperform Outperform
2025-04-28 JP Morgan Maintain Overweight Overweight
2025-04-22 Goldman Sachs Maintain Neutral Neutral
2025-04-07 Scotiabank Maintain Sector Perform Sector Perform
2025-03-25 Barclays Maintain Equal Weight Equal Weight
2025-02-21 Goldman Sachs Upgrade Sell Neutral
2025-02-19 Baird Maintain Outperform Outperform
2024-11-18 Barclays Maintain Equal Weight Equal Weight
2024-10-10 Barclays Maintain Equal Weight Equal Weight
2024-09-05 Mizuho Maintain Outperform Outperform
2024-08-28 Wells Fargo Maintain Equal Weight Equal Weight
2024-08-26 Scotiabank Maintain Sector Perform Sector Perform
2024-08-13 Wolfe Research Upgrade Peer Perform Outperform
2024-08-07 Scotiabank Maintain Sector Perform Sector Perform
2024-08-06 Baird Maintain Outperform Outperform
2024-08-05 Truist Securities Maintain Buy Buy
2024-07-31 JP Morgan Maintain Overweight Overweight
2024-07-30 RBC Capital Maintain Outperform Outperform
2024-07-26 Goldman Sachs Maintain Sell Sell
2024-05-16 Scotiabank Maintain Sector Perform Sector Perform
2024-05-01 Baird Maintain Outperform Outperform
2024-04-25 Wedbush Downgrade Outperform Neutral
2024-04-24 JP Morgan Maintain Overweight Overweight
2024-04-02 Mizuho Maintain Buy Buy
2024-03-27 Barclays Downgrade Overweight Equal Weight
2024-02-20 Truist Securities Maintain Buy Buy
2024-02-20 JP Morgan Maintain Overweight Overweight
2024-02-16 RBC Capital Maintain Outperform Outperform
2024-01-11 Goldman Sachs Maintain Sell Sell
2024-01-10 Mizuho Maintain Buy Buy
2023-12-05 Mizuho Upgrade Neutral Buy
2023-10-24 Truist Securities Maintain Buy Buy
2023-10-24 Goldman Sachs Maintain Sell Sell
2023-10-12 Keybanc Downgrade Sector Weight Underweight
2023-06-12 Mizuho Maintain Neutral Neutral
2023-05-04 RBC Capital Maintain Outperform Outperform
2023-04-24 Baird Maintain Outperform Outperform
2023-02-23 RBC Capital Maintain Outperform Outperform
2023-02-21 Truist Securities Maintain Buy Buy
2022-12-16 JP Morgan Upgrade Neutral Overweight
2022-11-03 JP Morgan Maintain Neutral Neutral
2022-10-13 Barclays Maintain Overweight Overweight
2022-06-30 Jefferies Maintain Buy Buy
2022-06-16 Goldman Sachs Maintain Neutral Neutral
2022-05-17 Mizuho Maintain Neutral Neutral
2022-05-16 Truist Securities Maintain Buy Buy
2022-05-09 RBC Capital Maintain Outperform Outperform
2022-05-02 Barclays Maintain Overweight Overweight
2022-01-13 Mizuho Downgrade Buy Neutral
2021-11-08 RBC Capital Maintain Outperform Outperform
2021-10-20 Berenberg Maintain Buy Buy
2021-09-01 Barclays Maintain Overweight Overweight
2021-08-03 RBC Capital Maintain Outperform Outperform
2021-07-15 Keybanc Downgrade Overweight Sector Weight
2021-06-15 Wolfe Research Maintain Peer Perform Perform
2021-05-25 Scotiabank Upgrade Underperform Sector Perform
2021-03-25 Goldman Sachs Upgrade Sell Neutral
2021-01-13 Jefferies Upgrade Hold Buy
2020-11-23 KeyBanc Upgrade Sector Weight Overweight
2020-11-23 Keybanc Upgrade Sector Weight Overweight
2020-07-27 Jefferies Maintain Hold Hold
2020-05-11 SunTrust Robinson Humphrey Maintain Buy Buy
2020-04-29 JP Morgan Maintain Neutral Neutral
2020-04-24 Stifel Maintain Buy Buy
2020-03-27 RBC Capital Maintain Outperform Outperform
2019-05-16 Goldman Sachs Maintain Buy Buy
2018-08-27 BMO Capital Upgrade Market Perform Outperform
2018-07-27 JP Morgan Maintain Underweight Underweight
2018-07-17 Jefferies Downgrade Buy Hold
2018-07-17 H.C. Wainwright Maintain Buy Buy
2018-05-14 BMO Capital Upgrade Underperform Perform
2018-05-07 Mizuho Upgrade Neutral Buy
2018-04-25 Roth Capital Maintain Buy Buy
2018-03-26 Mizuho Maintain Neutral Neutral
2018-02-27 Stifel Maintain Buy Buy
2018-02-27 Stifel Nicolaus Maintain Buy Buy
2017-12-22 BMO Capital Downgrade Market Perform Underperform
2017-12-19 JP Morgan Downgrade Neutral Underweight
2017-12-15 JP Morgan Downgrade Neutral Underweight
2017-11-06 Stifel Maintain Buy Buy
2017-11-06 Stifel Nicolaus Maintain Buy Buy
2017-04-05 Raymond James Maintain Market Perform Perform
2017-02-15 Raymond James Maintain Underperform Underperform
2017-01-11 Baird Downgrade Outperform Neutral
2016-10-25 Raymond James Maintain Market Perform Perform
2016-06-01 Jefferies Downgrade Buy Hold
2016-05-03 Stifel Nicolaus Maintain Buy Buy
2016-05-03 Stifel Maintain Buy Buy
2016-04-20 Raymond James Maintain Underperform Underperform
2016-04-15 Rodman & Renshaw Maintain Buy Buy
2016-03-31 Desjardins Maintain Sell Sell
2016-03-14 BMO Capital Maintain Underperform Underperform
2016-03-07 TD Securities Maintain Hold Hold
2016-02-29 Rodman & Renshaw Maintain Buy Buy
2016-02-23 Deutsche Bank Maintain Buy Buy
2016-01-22 Jefferies Maintain Buy Buy
2015-06-15 Desjardins Maintain Buy Buy
2015-04-21 Stifel Nicolaus Upgrade Hold Buy
2015-04-21 Stifel Upgrade Hold Buy
2015-04-08 Desjardins Maintain Hold Hold
2015-03-24 SunTrust Robinson Humphrey Maintain Buy Buy
2014-05-06 Stifel Nicolaus Downgrade Hold Sell
2014-05-06 Stifel Downgrade Hold Sell
2014-05-05 Stifel Nicolaus Downgrade Hold Sell
2014-05-05 Stifel Downgrade Hold Sell
2014-04-29 JP Morgan Maintain Neutral Neutral
2014-04-24 Keybanc Downgrade Buy Hold
2014-04-24 KeyBanc Downgrade Buy Hold
2013-07-12 SunTrust Robinson Humphrey Maintain Buy Buy
2013-07-11 SunTrust Robinson Humphrey Maintain Buy Buy
2013-07-01 BMO Capital Maintain Outperform Outperform
2013-04-22 McNicoll Lewis Vlak Maintain Buy Buy
2013-02-27 Raymond James Maintain Outperform Outperform
2013-01-15 Baird Maintain Outperform Outperform
2012-10-24 JP Morgan Upgrade Underweight Neutral
2012-09-20 KeyBanc Upgrade Hold Buy
2012-09-20 Keybanc Upgrade Hold Buy
2012-08-03 JP Morgan Maintain Underweight Underweight
2012-07-13 Stifel Nicolaus Maintain Hold Hold