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FR

First Industrial Realty Trust NYSE:FR Stock Report

Last Price

US$49.05

Market Cap

US$6.7b

7D

-4.1%

1Y

5.9%

Updated

25 Sep, 2023

Data

Company Financials +

First Industrial Realty Trust, Inc.

NYSE:FR Stock Report

Mkt Cap: US$6.7b

FR Stock Overview

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers.

FR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health2/6
Dividends5/6

First Industrial Realty Trust, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Industrial Realty Trust
Historical stock prices
Current Share PriceUS$49.05
52 Week HighUS$55.51
52 Week LowUS$42.91
Beta0.98
1 Month Change-4.91%
3 Month Change-5.45%
1 Year Change5.94%
3 Year Change20.28%
5 Year Change56.86%
Change since IPO107.62%

Recent News & Updates

First Industrial: Is It A Buy Following Another Quarter Of Record Rental Growth?

Jul 21

Recent updates

First Industrial: Is It A Buy Following Another Quarter Of Record Rental Growth?

Jul 21

First Industrial Realty: The Speculative Exposure Still Warrants A Higher Risk Premium

Feb 15

Should You Be Adding First Industrial Realty Trust (NYSE:FR) To Your Watchlist Today?

Feb 12
Should You Be Adding First Industrial Realty Trust (NYSE:FR) To Your Watchlist Today?

First Industrial Realty Trust FFO of $0.59 beats by $0.03, revenue of $144.62M beats by $4.87M

Feb 08

First Industrial: Not The Best Time For Speculative Development

Dec 07

First Industrial Realty Trust Q3 2022 Earnings Preview

Oct 19

Do First Industrial Realty Trust's (NYSE:FR) Earnings Warrant Your Attention?

Oct 11
Do First Industrial Realty Trust's (NYSE:FR) Earnings Warrant Your Attention?

First Industrial Realty Trust: The Picture Keeps Getting Better

Aug 21

First Industrial Realty Trust declares $0.295 dividend

Aug 05

First Industrial Realty Trust FFO of $0.56 beats by $0.02, revenue of $130.05M beats by $2.5M

Jul 20

Is Now The Time To Put First Industrial Realty Trust (NYSE:FR) On Your Watchlist?

Jun 23
Is Now The Time To Put First Industrial Realty Trust (NYSE:FR) On Your Watchlist?

First Industrial's Growth Outpaces Its Valuation

Jun 13

If You Like EPS Growth Then Check Out First Industrial Realty Trust (NYSE:FR) Before It's Too Late

Mar 07
If You Like EPS Growth Then Check Out First Industrial Realty Trust (NYSE:FR) Before It's Too Late

First Industrial Realty Trust: Still Not The Right Moment

Feb 27

First Industrial Realty Trust: Shares Offer Limited, If Any, Upside

Nov 02

First Industrial Realty (FR) Presents At REITweek 2021 Investor Virtual Conference - Slideshow

Jun 15

First Industrial Realty Trust: Quality But Too Expensive

May 05

Shareholders Will Most Likely Find First Industrial Realty Trust, Inc.'s (NYSE:FR) CEO Compensation Acceptable

Apr 29
Shareholders Will Most Likely Find First Industrial Realty Trust, Inc.'s (NYSE:FR) CEO Compensation Acceptable

Are Insiders Selling First Industrial Realty Trust, Inc. (NYSE:FR) Stock?

Feb 22
Are Insiders Selling First Industrial Realty Trust, Inc. (NYSE:FR) Stock?

Did You Participate In Any Of First Industrial Realty Trust's (NYSE:FR) Fantastic 136% Return ?

Jan 18
Did You Participate In Any Of First Industrial Realty Trust's (NYSE:FR) Fantastic 136% Return ?

Could The Market Be Wrong About First Industrial Realty Trust, Inc. (NYSE:FR) Given Its Attractive Financial Prospects?

Dec 12
Could The Market Be Wrong About First Industrial Realty Trust, Inc. (NYSE:FR) Given Its Attractive Financial Prospects?

First Industrial Realty: Left Behind And Set For Growth

Dec 04

First Industrial raised, Prologis cut by KeyBanc amid lower view for industrial REITs

Nov 23

Shareholder Returns

FRUS Industrial REITsUS Market
7D-4.1%-6.3%-3.1%
1Y5.9%4.4%15.1%

Return vs Industry: FR exceeded the US Industrial REITs industry which returned 4.4% over the past year.

Return vs Market: FR underperformed the US Market which returned 15.1% over the past year.

Price Volatility

Is FR's price volatile compared to industry and market?
FR volatility
FR Average Weekly Movement2.6%
Industrial REITs Industry Average Movement3.0%
Market Average Movement5.5%
10% most volatile stocks in US Market14.2%
10% least volatile stocks in US Market2.5%

Stable Share Price: FR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: FR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993157Peter Baccilehttps://www.firstindustrial.com

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 69.4 million square feet of industrial space as of June 30, 2023.

First Industrial Realty Trust, Inc. Fundamentals Summary

How do First Industrial Realty Trust's earnings and revenue compare to its market cap?
FR fundamental statistics
Market CapUS$6.65b
Earnings (TTM)US$316.17m
Revenue (TTM)US$587.39m

20.5x

P/E Ratio

11.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FR income statement (TTM)
RevenueUS$587.39m
Cost of RevenueUS$158.37m
Gross ProfitUS$429.03m
Other ExpensesUS$112.85m
EarningsUS$316.17m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.39
Gross Margin73.04%
Net Profit Margin53.83%
Debt/Equity Ratio85.2%

How did FR perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

51%

Payout Ratio

Does FR pay a reliable dividends?

See FR dividend history and benchmarks
When do you need to buy FR by to receive an upcoming dividend?
First Industrial Realty Trust dividend dates
Ex Dividend DateSep 28 2023
Dividend Pay DateOct 16 2023
Days until Ex dividend3 days
Days until Dividend pay date21 days

Does FR pay a reliable dividends?

See FR dividend history and benchmarks