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First Industrial Realty Trust NYSE:FR Stock Report

Last Price

US$50.37

Market Cap

US$6.8b

7D

-0.3%

1Y

-4.4%

Updated

30 Dec, 2024

Data

Company Financials +

First Industrial Realty Trust, Inc.

NYSE:FR Stock Report

Market Cap: US$6.8b

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US$58.06
FV
13.2% undervalued intrinsic discount
8.26%
Revenue growth p.a.
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18 days ago author updated this narrative

First Industrial Realty Trust, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Industrial Realty Trust
Historical stock prices
Current Share PriceUS$50.37
52 Week HighUS$57.35
52 Week LowUS$45.10
Beta1.09
1 Month Change-5.76%
3 Month Change-8.62%
1 Year Change-4.37%
3 Year Change-22.52%
5 Year Change22.05%
Change since IPO113.21%

Recent News & Updates

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

Dec 09

First Industrial: Still Attractive Despite Policy Risk

Nov 14

Recent updates

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

Dec 09

First Industrial: Still Attractive Despite Policy Risk

Nov 14

First Industrial Realty Trust: One Of My Top Industrial REIT Picks

Sep 08

First Industrial Realty Trust Sets The Ground For The Upcoming Upside

Jul 24

First Industrial: Recent Volatility Makes Them More Attractive Compared To Peers

Jul 09

First Industrial Looks Buyable As Market Conditions Improve

Jun 20

First Industrial: Shares Attractive Despite Softer Q1 Results

Apr 18

First Industrial Is Positioned For A Strong 2024

Jan 05

First Industrial: Embedded Growth At A Discount

Oct 25

First Industrial: Buy The Dip On This Fast-Growing REIT

Oct 07

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

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

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

First Industrial's Growth Outpaces Its Valuation

Jun 13

First Industrial Realty Trust: Still Not The Right Moment

Feb 27

Shareholder Returns

FRUS Industrial REITsUS Market
7D-0.3%1.1%0.6%
1Y-4.4%-20.3%23.7%

Return vs Industry: FR exceeded the US Industrial REITs industry which returned -20.3% over the past year.

Return vs Market: FR underperformed the US Market which returned 23.7% 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 Movement3.6%
Market Average Movement6.3%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: FR has not had significant price volatility in the past 3 months compared to the US market.

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

About the Company

FoundedEmployeesCEOWebsite
1993156Peter Baccilewww.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?
FR fundamental statistics
Market capUS$6.85b
Earnings (TTM)US$308.11m
Revenue (TTM)US$655.53m

21.6x

P/E Ratio

10.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FR income statement (TTM)
RevenueUS$655.53m
Cost of RevenueUS$178.09m
Gross ProfitUS$477.44m
Other ExpensesUS$169.33m
EarningsUS$308.11m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.33
Gross Margin72.83%
Net Profit Margin47.00%
Debt/Equity Ratio80.3%

How did FR perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

55%

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 DateDec 31 2024
Dividend Pay DateJan 21 2025
Days until Ex dividend0 days
Days until Dividend pay date21 days

Does FR pay a reliable dividends?

See FR dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 09:26
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Industrial Realty Trust, Inc. is covered by 34 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas ThillmanBaird
Anthony PowellBarclays
Brendan LynchBarclays