FR

First Industrial Realty Trust Inc
NYSEREAL ESTATEREIT - INDUSTRIAL

Key Statistics

Market Cap
$7.37B
P/E Ratio
19.99
EPS
$2.69
Beta
1.03
52W High
$69.31
52W Low
$52.77
50-Day MA
$59.15
200-Day MA
$61.26
Dividend Yield
3.61%
Profit Margin
46.10%
Forward P/E
36.76
PEG Ratio
3.74

About First Industrial Realty Trust Inc

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

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$775.88M
Gross Profit (TTM)$572.24M
EBITDA$532.00M
Operating Margin44.20%
Return on Equity13.40%
Return on Assets3.55%
Revenue/Share (TTM)$5.85
Book Value$20.94
Price-to-Book2.58
Price-to-Sales (TTM)9.49
EV/Revenue12.6
EV/EBITDA14.79
Quarterly Earnings Growth (YoY)-10.20%
Quarterly Revenue Growth (YoY)8.50%
Shares Outstanding$132.58M
Float$131.70M
% Insiders0.35%
% Institutions103.98%

Historical Volatility

HV 10-Day
21.72%
HV 20-Day
31.35%
HV 30-Day
27.52%
HV 60-Day
21.01%
HV Rank
100.0%

Volatility is currently contracting

Analyst Ratings

Consensus ($65.50 target)
3
Strong Buy
6
Buy
8
Hold

Latest News

First Industrial Declares Common Stock Dividends

CHICAGO, Nov. 3, 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 December 31, 2026 payable on January 19, 2027 to stockholders of record on December 31, 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.

PRNewsWire11/3/2026Neutral
Baron Real Estate Income Fund Q3 2026 Portfolio Activity

Baron Real Estate Income Fund decreased 7.58% (Institutional Shares) in the third quarter, underperforming the MSCI US REIT Index, which decreased 6.33%. Welltower is a leading owner and operator of senior housing communities across the U.S., Canada, and the U.K., and is the largest health care REIT by market capitalization. We initiated a position in AAON, Inc., following a disappointing second quarter earnings result.

Seeking Alpha10/26/2026Negative
Third Avenue Real Estate Value Fund Q3 2026 Portfolio Activity

Valuations seemed much more favorable for international property companies, particularly in comparison to some of the larger U.S. companies involved with senior housing and data centers. Along these lines, the Fund initiated positions in the common stock of Scentre Group and Home Depot during the quarter. Third Avenue Real Estate Value Fund trimmed back WESCO and Freddie Mac preferred, exited D.R. Horton, and extended its British Pound and Hong Kong Dollar hedges for portfolio management purposes.

Seeking Alpha10/25/2026Neutral
First Industrial Realty Trust, Inc. (FR) Q3 2026 Earnings Call Transcript

First Industrial Realty Trust, Inc. ( FR ) Q3 2026 Earnings Call October 22, 2026 11:00 AM EDT Company Participants Art Harmon - Senior VP of Investor Relations & Marketing Peter Baccile - President, CEO & Director Scott Musil - CFO, Senior VP, Treasurer & Assistant Secretary Christopher Schneider - Executive VP of Operations & Chief Information Officer Peter Schultz - Executive Vice President of East Region Johannson Yap - Chief Investment Officer & Executive VP of West Region Conference Call Participants Craig Mailman - Citigroup Inc., Research Division Viktor Fediv - Scotiabank Global Banking and Markets, Research Division Blaine Heck - Wells Fargo Securities, LLC, Research Division Nicholas Thillman - Robert W. Baird & Co. Incorporated, Research Division Todd Thomas - KeyBanc Capital Markets Inc., Research Division Caitlin Burrows - Goldman Sachs Group, Inc., Research Division Richard Anderson - Cantor Fitzgerald & Co., Research Division Vikram Malhotra - Mizuho Securities USA LLC, Research Division Jessica Zheng David Rodgers - Raymond James & Associates, Inc., Research Division Michael Lewis - Truist Securities, Inc., Research Division Jonathan Petersen - Jefferies LLC, Research Division Omotayo Okusanya - Deutsche Bank AG, Research Division Michael Mueller - JPMorgan Chase & Co, Research Division Presentation Operator Good day, and welcome to the First Industrial Realty Trust Third Quarter 2026 Results Call.

Seeking Alpha10/22/2026Neutral
First Industrial Realty Trust Q3 Earnings Call Highlights

First Industrial Realty Trust NYSE: FR reported third-quarter NAREIT funds from operations of $0.80 per diluted share, up from $0.76 a year earlier, and raised the midpoint of its full-year FFO outlook by $0.01 per share as leasing performance exceeded its prior occupancy expectations.

MarketBeat10/22/2026Neutral
First Industrial Realty Trust Reports Third Quarter 2026 Results

Cash Rental Rates on New and Renewal Leasing Increased 52% in 3Q26 Cash Same Store NOI Growth of 5.6% in 3Q26 Acquired 100% Leased 764,000 SF Building in Central Pennsylvania for $120 Million in 3Q26 Signed Remaining 32,000 SF at First Park Miami Building 12 in South Florida in 3Q26 2026 FFO Guidance Increased $0.01 at the Midpoint 2026 Cash Same Store NOI Growth Guidance Increased 75 Basis Points at the Midpoint to 6.5% CHICAGO, Oct. 21, 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 third quarter of 2026. First Industrial's diluted net income available to common stockholders per share (EPS) was $0.44 in the third quarter, compared to $0.49 a year ago and third quarter funds from operations (FFO) was $0.81 per share/unit on a diluted basis, compared to $0.76 per share/unit a year ago.

PRNewsWire10/21/2026Neutral
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of First Industrial Realty Trust, Inc. (NYSE: FR)

NEW YORK, Oct. 12, 2026 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating First Industrial Realty Trust, Inc. (NYSE: FR) on behalf of the company's shareholders. The investigation seeks to determine whether First Industrial Realty Trust's directors breached their fiduciary duties in connection with recent corporate actions.

PRNewsWire10/12/2026Neutral
First Industrial: 39% Rent Growth And The Stock Is Falling

First Industrial Realty Trust is rated 'Buy' as fundamentals remain strong despite an 11% share price decline since July. FR delivered 39% cash rental-rate growth on commenced leases and 6.7% same-store NOI growth, with occupancy improving to 94.9%. Management raised 2026 FFO and NOI guidance midpoints, and development projects continue to attract tenants in key U.S. markets.

Seeking Alpha10/6/2026Positive

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Data last updated: 11/7/2026