First Industrial Realty Trust (DB:F5W) - Stock Price, News & Analysis

F5W Stock Overview

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties.

About the company

F5W fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	1/6
Financial Health	1/6
Dividends	5/6

Rewards

Trading at 50.7% below our estimate of its fair value

Revenue is forecast to grow 9.41% per year

Pays a reliable dividend of 3.23%

Analysts in good agreement that stock price will rise by 22.4%

Risk Analysis

Earnings are forecast to decline by an average of 3.2% per year for the next 3 years

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Profit margins (46%) are lower than last year (66.2%)

First Industrial Realty Trust, Inc. Competitors

GSW Immobilien

DB:GIB

€5.0b

STAG Industrial

NYSE:STAG

US$6.5b

CapitaLand Ascendas REIT

SGX:A17U

S$11.2b

EastGroup Properties

NYSE:EGP

US$7.8b

Price History & Performance

Summary of all time highs, changes and price drops for First Industrial Realty Trust
Historical stock prices
Current Share Price	US$42.80
52 Week High	US$51.00
52 Week Low	US$37.60
Beta	1.03
1 Month Change	-10.08%
3 Month Change	-11.93%
1 Year Change	-7.36%
3 Year Change	5.94%
5 Year Change	36.76%
Change since IPO	27.76%

Recent updates

Shareholder Returns

	F5W	DE Industrial REITs	DE Market
7D	-9.7%	0%	0%
1Y	-7.4%	0%	0%

Return vs Industry: F5W underperformed the German Industrial REITs industry which returned 0.9% over the past year.

Return vs Market: F5W underperformed the German Market which returned -0.3% over the past year.

Price Volatility

Is F5W's price volatile compared to industry and market?
F5W volatility
F5W Average Weekly Movement	3.5%
Industrial REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in DE Market	0%
10% least volatile stocks in DE Market	0%

Stable Share Price: F5W has not had significant price volatility in the past 3 months.

Volatility Over Time: F5W's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1993	156	Peter Baccile	www.firstindustrial.com

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.

First Industrial Realty Trust, Inc. Fundamentals Summary

How do First Industrial Realty Trust's earnings and revenue compare to its market cap?
F5W fundamental statistics
Market cap	€5.82b
Earnings (TTM)	€269.50m
Revenue (TTM)	€586.22m

21.1x

P/E Ratio

9.7x

P/S Ratio

Is F5W overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
F5W income statement (TTM)
Revenue	US$624.44m
Cost of Revenue	US$173.80m
Gross Profit	US$450.64m
Other Expenses	US$163.57m
Earnings	US$287.07m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.17
Gross Margin	72.17%
Net Profit Margin	45.97%
Debt/Equity Ratio	83.5%

How did F5W perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

53%

Payout Ratio

F5W Stock Overview

Rewards

Risk Analysis

First Industrial Realty Trust, Inc. Competitors

DB:GIB

€5.0b

NYSE:STAG

US$6.5b

SGX:A17U

S$11.2b

NYSE:EGP

US$7.8b

Price History & Performance

Recent News & Updates

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: US$0.52 (vs US$0.42 in 1Q 2023)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2024

First Industrial Realty Trust, Inc. to Report Q1, 2024 Results on Apr 17, 2024

Upcoming dividend of US$0.37 per share

First Industrial Realty Trust, Inc., Annual General Meeting, Apr 30, 2024

Recent updates

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: US$0.52 (vs US$0.42 in 1Q 2023)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2024

First Industrial Realty Trust, Inc. to Report Q1, 2024 Results on Apr 17, 2024

Upcoming dividend of US$0.37 per share

First Industrial Realty Trust, Inc., Annual General Meeting, Apr 30, 2024

Fourth quarter dividend of US$0.37 announced

Full year 2023 earnings released: EPS: US$2.08 (vs US$2.72 in FY 2022)

First Industrial Realty Trust, Inc. to Report Q4, 2023 Results on Feb 07, 2024

Upcoming dividend of US$0.32 per share at 2.5% yield

First Industrial Realty Trust, Inc. Declares Dividend for the Quarter Ending December 31, 2023 Payable on January 16, 2024

Third quarter 2023 earnings released: EPS: US$0.57 (vs US$0.94 in 3Q 2022)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2023

First Industrial Realty Trust, Inc. to Report Q3, 2023 Results on Oct 18, 2023

Upcoming dividend of US$0.32 per share at 2.5% yield

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending September 30, 2023, Payable on October 16, 2023

New major risk - Financial position

Second quarter 2023 earnings released: EPS: US$0.41 (vs US$0.89 in 2Q 2022)

Now 21% undervalued after recent price drop

First Industrial Realty Trust, Inc. to Report Q2, 2023 Results on Jul 19, 2023

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.32 per share at 2.4% yield

Insufficient new directors

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending June 30, 2023, Payable on July 17, 2023

CFO, Senior VP recently sold €360k worth of stock

First quarter 2023 earnings released: FFO per share: US$0.6 (vs US$0.53 in 1Q 2022)

Now 20% undervalued after recent price drop

First Industrial Realty Trust, Inc., Annual General Meeting, May 03, 2023

Full year 2022 earnings released: EPS: US$2.72 (vs US$2.09 in FY 2021)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Fiscal 2023

First Industrial Realty Trust, Inc. to Report Q4, 2022 Results on Feb 08, 2023

Upcoming dividend of US$0.29 per share

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending December 31, 2022, Payable on January 17, 2023

Third quarter 2022 earnings released: FFO per share: US$0.6 (vs US$0.51 in 3Q 2021)

First Industrial Realty Trust, Inc. to Report Q3, 2022 Results on Oct 19, 2022

Upcoming dividend of US$0.29 per share

First Industrial Realty Trust, Inc. Declares Dividend for the Quarter Ending September 30, 2022, Payable on October 17, 2022

First Industrial Realty Trust, Inc. (NYSE:FR) acquired 12,500-square-foot building in Pacific from Sci Infrastructure, L.L.C. for $20 million.

Second quarter 2022 earnings released: EPS: US$0.89 (vs US$0.40 in 2Q 2021)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2022

First Industrial Realty Trust, Inc. to Report Q2, 2022 Results on Jul 20, 2022

Upcoming dividend of US$0.29 per share

First Industrial Realty Trust, Inc. Declares Dividend for the Quarter Ending June 30, 2022, Payable on July 18, 2022

First quarter 2022 earnings released: FFO: US$125.5m per share (vs US$0.46 in 1Q 2021)

First quarter 2022 earnings released: FFO: US$125.5m per share (vs US$0.46 in 1Q 2021)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2022

First Industrial Realty Trust, Inc. to Report Q1, 2022 Results on Apr 20, 2022

Upcoming dividend of US$0.29 per share

First Industrial Realty Trust, Inc., Annual General Meeting, May 04, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First Industrial Realty Trust, Inc. Declares Common Dividend for the Quarter Ending March 31, 2022, Payable on April 18, 2022

Upcoming dividend of US$0.27 per share

Third quarter 2021 earnings released: FFO US$0.53 per share (vs US$0.50 in 3Q 2020)

Upcoming dividend of US$0.27 per share

First Industrial Realty Trust, Inc. Provides Earnings Guidance for 2021

Second quarter 2021 earnings released: EPS US$0.40 (vs US$0.28 in 2Q 2020)

Executive Vice President of Central Region David Harker has left the company

First Industrial Realty Trust, Inc.(NYSE:FR) dropped from Russell 1000 Dynamic Index

Upcoming dividend of US$0.27 per share