First Industrial Realty Trust
FR
Market cap $6.72B

50.78 USD

-0.63

1.23%

At close Jan 17, 4:00 PM EST

After hours

50.78

+0.00

0.00%

1 day

-1.23%

5 days

4.96%

1 month

-2.36%

3 months

-7.15%

6 months

-1.28%

Year to date

2.63%

1 year

-2.57%

5 years

18.42%

10 years

136.08%

About: First Industrial Realty Trust Inc is a real estate investment trust that owns, manages, acquires, sells, develops, and redevelops industrial real estate. First Industrial's real estate portfolio is comprised of light industrial properties, which are split between industrial and office space, and bulk warehouse properties generally located in business parks near transportation hubs. While light industrial buildings represent a share of First Industrial's holdings, bulk warehouses make up the majority of its portfolio's square footage. The company derives the vast majority of its revenue from rental income tied to medium-term leases. First Industrial's customers include manufacturing, retail, wholesale trade, distribution, and professional services companies.

Employees: 156

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,823 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

58% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 31

57% more call options, than puts

Call options by funds: $1.56M | Put options by funds: $990K

14% more capital invested

Capital invested by funds: $6.21B [Q2] → $7.08B (+$867M) [Q3]

14% more repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 137

3% more funds holding

Funds holding: 380 [Q2] → 393 (+13) [Q3]

3.0% less ownership

Funds ownership: 98.72% [Q2] → 95.72% (-3.0%) [Q3]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$52

2%

upside

Avg. target

$54

5%

upside

High target

$55

8%

upside

2 analyst ratings

0 positive

0%

2 neutral

100%

0 negative

0%

Deutsche Bank Omotayo Okusanya 67% 1-year accuracy 14 / 21 met price target	2%upside $52	Hold Initiated	14 Jan 2025
Barclays Anthony Powell 40% 1-year accuracy 12 / 30 met price target	8%upside $55	Equal-Weight Maintained	18 Nov 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about FR published over the past 30 days

First Industrial Realty Trust Reports Tax Treatment Of Common Stock Distributions

CHICAGO , Jan. 17, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today reported the tax treatment of its 2024 distributions. This release is based on the preliminary results of work on the Company's tax filings and may be subject to correction or adjustment when the filings are completed.

First Industrial Realty Trust Reports Tax Treatment Of Common Stock Distributions

First Industrial Realty Trust To Host Fourth Quarter And Full Year 2024 Results Conference Call On February 6

CHICAGO , January 13, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its fourth quarter and full year 2024 results conference call on Thursday, February 6, 2025 at 10:00 a.m. CST (11:00 a.m.

First Industrial Realty Trust To Host Fourth Quarter And Full Year 2024 Results Conference Call On February 6

Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor

REITs are so cheap that they are getting the attention of billionaires. Legendary investor Barry Sternlicht is loading up on REITs. We discuss what he is buying and why.

Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor

Up To 10% Yield: 3 REITs To Buy Before They Hike Their Dividend

REITs are so cheap that some offer up to 10% dividend yields. That's despite growing steadily. I highlight 3 REITs to buy before their next dividend hike.

Up To 10% Yield: 3 REITs To Buy Before They Hike Their Dividend

Zacks Investment Research

All You Need to Know About First Industrial Realty Trust (FR) Rating Upgrade to Buy

First Industrial Realty Trust (FR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About First Industrial Realty Trust (FR) Rating Upgrade to Buy

What Are The Top REITs For 2025?

REITs are offering a once-in-a-decade opportunity. They are heavily discounted and some enjoy strong catalysts in 2025. This could lead to significant upside. Here are some of my top picks.

What Are The Top REITs For 2025?

First Industrial Realty: A Top Industrial Pick With Solid Upside Potential

REITs have faced challenges but now trade at attractive valuations with solid upside potential over the next 1 to 2 years. Industrial REITs, especially in Southern California, have experienced downward pressure but maintain strong fundamentals despite market volatility. First Industrial Realty Trust is a fundamentally sound industrial REIT with significant long-term upside potential.

First Industrial Realty: A Top Industrial Pick With Solid Upside Potential

Sector Spotlight: Industrial REITs - Still A Real Estate Darling?

The industrial REIT sector has seen significant price corrections due to changing macroeconomic factors, making current pricing more investible. Investor enthusiasm has waned, reflected in falling AFFO multiples from 35.5x in 2021 to 20.5x recently. Despite strong demand, new supply has suppressed rent growth and occupancy, leading to tepid SSNOI growth.

Sector Spotlight: Industrial REITs - Still A Real Estate Darling?

12 REITs Poised For Potential Outperformance

As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpass higher-yielding stocks over time, offering better yield on cost. Dividend growers often outperform the REIT average in total returns, driven by strong AFFO growth and superior gains in stock price.

12 REITs Poised For Potential Outperformance

3 Once-In-A-Decade REIT Buying Opportunities

REITs are presenting a historic opportunity. Their valuations are the lowest since the great financial crisis. We present 3 REITs offering significant upside potential.

3 Once-In-A-Decade REIT Buying Opportunities

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