FR

First Industrial Realty Trust Inc

55.29

Oct 22 • 3:59 PM ET -4.11 (-6.92%)

55.29

Aftermarket • 5:00 PM ET 0.00 (0.00%)

Real Estate REIT - Industrial USA Mid NYSE

Today, 1:38 PMFirst Industrial Realty raises 2026 FFO guidance on leasing outperformance, signals lower 2027 cash rent spreads

Peers: EGP STAG REXR PLD TRNO LXP ILPT LINE WPC BNL

| Held by: VNQ IJH VTI VB VBR VXF SCHH MDY XMMO DFAR

Scroll to Statements

Index	-
Market Cap	7.58B
Enterprise Value	10.20B
Income	357.42M
Sales	775.29M
Book/sh	20.94
Cash/sh	0.83
Dividend Est.	2.00 (3.61%)
Dividend TTM	1.95 (3.52%)
Dividend Ex-Date	Sep 30, 2026
Dividend Gr. 3/5Y	14.69% 12.22%
Payout	95.38%
Employees	152
IPO	Jun 24, 1994

P/E	20.52
Forward P/E	28.99
PEG	13.49
P/S	9.77
P/B	2.64
P/C	66.36
P/FCF	31.71
EV/EBITDA	19.53
EV/Sales	13.15
Quick Ratio	4.45
Current Ratio	4.45
Debt/Eq	0.95
LT Debt/Eq	0.95
Option/Short	Yes / Yes

EPS (ttm)	2.69
EPS next Y	1.91
EPS next Q	0.44
EPS this Y	35.89%
EPS next Y	-24.96%
EPS next 5Y	2.15%
EPS past 3/5Y	-11.76% 4.05%
Sales past 3/5Y	10.43% 10.07%
EPS Y/Y TTM	34.29%
Sales Y/Y TTM	8.55%
EPS Q/Q	-10.48%
Sales Q/Q	8.65%
Earnings	Oct 21 AMC
EPS/Sales Surpr.	-5.52% 0.36%

Insider Own	0.95%
Insider Trans	0.00%
Inst Own	101.21%
Inst Trans	-1.63%
ROA	6.28%
ROE	13.44%
ROIC	6.67%
Gross Margin	47.95%
Oper. Margin	41.57%
Profit Margin	46.10%
SMA20	-6.70%
SMA50	-9.30%
SMA200	-10.08%
Trades

Shs Outstand	132.57M
Shs Float	131.31M
Short Float	4.14%
Short Ratio	5.25
Short Interest	5.44M
52W High	69.88 -20.88%
52W Low	54.23 1.95%
Volatility	1.98% 1.99%
ATR (14)	1.40
RSI (14)	27.07
Beta	1.02
Rel Volume	4.48
Avg Volume	1.03M
Volume	4,635,335

Perf Week	-5.94%
Perf Month	-9.46%
Perf Quarter	-17.47%
Perf Half Y	-12.03%
Perf YTD	-3.46%
Perf Year	-0.65%
Perf 3Y	32.61%
Perf 5Y	-3.43%
Perf 10Y	108.67%
Recom	1.88
Target Price	70.94
Prev Close	59.40
Price	55.29
Change %	-6.92%

Date	Action	Analyst	Rating Change	Price Target Change
Jun-18-26	Resumed	Raymond James	Strong Buy	$83
Jan-05-26	Upgrade	Deutsche Bank	Hold → Buy	$67
Oct-01-25	Initiated	Cantor Fitzgerald	Neutral	$55
Feb-21-25	Upgrade	Goldman	Sell → Neutral	$52 → $59
Jan-14-25	Initiated	Deutsche Bank	Hold	$52
Dec-17-24	Upgrade	KeyBanc Capital Markets	Underweight → Sector Weight
Aug-13-24	Upgrade	Wolfe Research	Peer Perform → Outperform	$64
Jun-04-24	Initiated	Exane BNP Paribas	Outperform	$57
Apr-25-24	Downgrade	Wedbush	Outperform → Neutral	$59 → $49
Mar-27-24	Downgrade	Barclays	Overweight → Equal Weight	$63 → $53
Dec-07-23	Initiated	Wells Fargo	Equal Weight
Dec-05-23	Upgrade	Mizuho	Neutral → Buy	$55
Oct-12-23	Downgrade	KeyBanc Capital Markets	Sector Weight → Underweight	$42
Oct-03-23	Initiated	Wedbush	Outperform	$55
Jul-19-23	Initiated	Citigroup	Neutral	$57
Mar-21-23	Resumed	Goldman	Sell	$48
Dec-16-22	Upgrade	JP Morgan	Neutral → Overweight	$53 → $56
Jan-13-22	Downgrade	Mizuho	Buy → Neutral	$54 → $64
Oct-20-21	Initiated	Berenberg	Buy	$66
Sep-01-21	Initiated	Barclays	Overweight	$65

Show Previous Ratings

Oct-21-26 04:33PM	First Industrial Realty Trust: Q3 Earnings Snapshot (Associated Press) -6.92%
04:19PM	First Industrial Realty Trust Reports Third Quarter 2026 Results (PR Newswire)
Oct-07-26 12:59PM	First Industrial Realty Trust To Host Third Quarter 2026 Results Conference Call On October 22 (PR Newswire)
Sep-25-26 09:26AM	This Is The Top REIT Stock Stifel Analysts Are Backing Right Now (Investing.com)
Aug-13-26 04:30PM	First Industrial Declares Common Stock Dividends (PR Newswire)
07:01PM	Loading…
Jul-23-26 07:01PM	First Industrial Realty Trust Inc (FR) Q2 2026 Earnings Call Highlights: Strong Leasing ... (GuruFocus.com)
08:30AM	First Industrial Realty Trust, Inc. Q2 2026 Earnings Call Summary (Moby)
Jul-22-26 04:50PM	First Industrial Realty Trust: Q2 Earnings Snapshot (Associated Press)
04:34PM	First Industrial Realty Trust Reports Second Quarter 2026 Results (PR Newswire)
Jul-07-26 02:02PM	First Industrial Realty Trust To Host Second Quarter 2026 Results Conference Call On July 23 (PR Newswire)
Jun-01-26 08:30AM	First Industrial to Present at Nareit's REITWeek 2026 Investor Conference (PR Newswire)
Apr-30-26 04:20PM	First Industrial Shareholders Re-elect All Company Directors (PR Newswire)
04:19PM	First Industrial Declares Common Stock Dividends (PR Newswire)
Apr-24-26 03:13AM	First Industrial Realty Trust Inc (FR) Q1 2026 Earnings Call Highlights: Strong Leasing ... (GuruFocus.com)
Apr-23-26 08:30AM	First Industrial Realty Trust, Inc. Q1 2026 Earnings Call Summary (Moby)
05:02PM	Loading…
Apr-22-26 05:02PM	First Industrial Realty Trust: Q1 Earnings Snapshot (Associated Press)
04:40PM	First Industrial Realty Trust Reports First Quarter 2026 Results (PR Newswire)
Apr-16-26 09:00AM	Land & Buildings Responds to First Industrial's Latest Shareholder Letter Ahead of April 30 Annual Meeting (Business Wire)
Apr-14-26 01:01AM	FR- A REIT Sporting Solid FFO Growth Plus a Nice Dividend (MoneyShow)
Apr-08-26 02:31PM	First Industrial Realty Trust to Host First Quarter 2026 Results Conference Call on April 23 (PR Newswire)
Apr-07-26 08:15AM	Land & Buildings Sends Letter to First Industrial Realty Trust Shareholders Highlighting the Need for Shareholders to Send a Clear Message That Further Change is Required (Business Wire)
Mar-20-26 02:56PM	First Industrial Realty Trust Comments on Land & Buildings' Withdrawal of Jonathan Litt as a Director Nominee (PR Newswire)
07:00AM	Land & Buildings Sends Letter to First Industrial Realty Trust Shareholders Detailing Why Investors Should Withhold Votes for Entrenched Directors (Business Wire)
Mar-16-26 05:14PM	First Industrial Realty Trust Appoints Frank E. Schmitz to Board of Directors (PR Newswire)
Feb-26-26 01:00PM	Land & Buildings Issues Letter Detailing Why Change Is Needed at First Industrial Realty Trust (Business Wire)
Feb-12-26 09:10AM	How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks (Zacks)
Feb-10-26 04:09PM	Claros Mortgage Trust, Inc. Appoints Denise Olsen to Its Board of Directors (Business Wire)
Feb-06-26 08:23AM	First Industrial Realty Trust Q4 Earnings Call Highlights (MarketBeat)
Feb-05-26 06:02PM	First Industrial Realty Trust Inc (FR) Q4 2025 Earnings Call Highlights: Strong FFO Growth and ... (GuruFocus.com)
Feb-04-26 06:25PM	First Industrial Realty Trust (FR) Q4 FFO and Revenues Surpass Estimates (Zacks)
05:34PM	Loading…
05:34PM	First Industrial Realty Trust: Q4 Earnings Snapshot (Associated Press Finance)
04:30PM	FIRST INDUSTRIAL REALTY TRUST REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS (PR Newswire)
Jan-26-26 05:25PM	Alexandria Real Estate Equities (ARE) Reports Q4 Loss, Beats Revenue Estimates (Zacks)
Jan-23-26 12:15PM	How Gladstone Commercial Strengthened Its Portfolio in 2025 (Zacks)
Jan-22-26 06:18PM	First Industrial Realty Trust Closes $425 Million and $375 Million Unsecured Term Loans (PR Newswire)
12:12PM	Here's Why You Should Buy Jones Lang LaSalle Stock Right Now (Zacks)
11:55AM	Are Industrial REITs Poised to Grow Amid Recovery in Demand? (Zacks)
Jan-20-26 04:57PM	First Industrial Realty Trust Reports Tax Treatment of Common Stock Distributions (PR Newswire)
Jan-15-26 12:33PM	Key Reasons to Add Iron Mountain Stock to Your Portfolio Now (Zacks)
Jan-14-26 11:20AM	Is Lamar Advertising a Strong REIT Play for 2026 Investors? (Zacks)
10:35AM	Is OUTFRONT Media Stock Still a Buy After Its 36% Rally? (Zacks)
Jan-09-26 11:14AM	How Vornado Is Expanding in Manhattan While Strengthening Liquidity (Zacks)
10:49AM	What Postal Realty Trust's 2025 Update Means for Investors (Zacks)
Jan-08-26 04:12PM	First Industrial Realty Trust To Host Fourth Quarter And Full Year 2025 Results Conference Call On February 5 (PR Newswire)
11:48AM	W. P. Carey Hits a Record $2.1B in Investments: What Comes Next? (Zacks)
11:42AM	How Does the Starr Lease at 343 Madison Shape BXP's Growth Story? (Zacks)
Dec-26-25 12:00PM	First Industrial Realty Trust (FR) Upgraded to Buy: Here's Why (Zacks)
Dec-04-25 09:00AM	Land & Buildings Issues Presentation Detailing First Industrial's Underappreciated Portfolio Quality and Substantial Discount to NAV (Business Wire)
Oct-29-25 04:20PM	First Industrial Realty Trust Declares Common Stock Dividends (PR Newswire)
Oct-16-25 05:01PM	First Industrial Realty Trust Inc (FR) Q3 2025 Earnings Call Highlights: Strong FFO Growth and ... (GuruFocus.com)
Oct-15-25 05:45PM	First Industrial Realty Trust (FR) Q3 FFO Beat Estimates (Zacks)
04:41PM	First Industrial Realty Trust: Q3 Earnings Snapshot (Associated Press Finance)
04:31PM	FIRST INDUSTRIAL REALTY TRUST REPORTS THIRD QUARTER 2025 RESULTS (PR Newswire)
Sep-23-25 11:01AM	First Industrial Realty Trust To Host Third Quarter 2025 Results Conference Call On October 16 (PR Newswire)
Aug-12-25 04:25PM	First Industrial Realty Trust Declares Common Stock Dividends (PR Newswire)
Jul-18-25 03:11AM	First Industrial Realty Trust Inc (FR) Q2 2025 Earnings Call Highlights: Strong Rental Growth ... (GuruFocus.com)
Jul-16-25 05:50PM	First Industrial Realty Trust (FR) Surpasses Q2 FFO and Revenue Estimates (Zacks)
04:46PM	First Industrial Realty Trust: Q2 Earnings Snapshot (Associated Press Finance)
04:38PM	First Industrial Realty Trust Reports Second Quarter 2025 Results (PR Newswire)
Jul-01-25 04:08PM	First Industrial Realty Trust To Host Second Quarter 2025 Results Conference Call On July 17 (PR Newswire)
Jun-20-25 05:39PM	Davidson Bogel Real Estate Represents Advanced Online Products Inc. in 79,887 SF Lease Renewal at 750 Gateway Blvd in Coppell, TX (Business Wire)
Jun-02-25 10:24AM	First Industrial Realty Trust To Present At Nareit's REITWeek 2025 Investor Conference (PR Newswire)
May-22-25 12:00PM	Valeo Shareholders' Meeting 2025 (GlobeNewswire)
May-13-25 01:58PM	Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031 (GlobeNewswire)
10:36AM	First Industrial Realty price target raised to $51 from $50 at Scotiabank (TipRanks)
May-12-25 06:52PM	First Industrial Realty Trust Announces Pricing of $450 Million of Senior Notes Due 2031 (PR Newswire)
11:40AM	Voting rights April 2025 - Valeo (GlobeNewswire)
Apr-30-25 04:14PM	First Industrial Realty Trust Declares Common Stock Dividends (PR Newswire)
Apr-29-25 09:35AM	Baron Real Estate Income Fund Q1 2025 Shareholder Letter (Seeking Alpha)
08:00AM	What We're Watching This REIT Earnings Season (Seeking Alpha)
Apr-24-25 06:20AM	Third Avenue Real Estate Value Fund Q1 2025 Commentary (Seeking Alpha)
Apr-20-25 09:00AM	Powell On The Hot Seat (Seeking Alpha)
Apr-18-25 03:03AM	First Industrial Realty Trust Inc (FR) Q1 2025 Earnings Call Highlights: Strong Leasing and ... (GuruFocus.com)
02:11AM	Q1 2025 First Industrial Realty Trust Inc Earnings Call (Thomson Reuters StreetEvents)
Apr-17-25 04:51PM	First Industrial Realty Trust, Inc. (FR) Q1 2025 Earnings Call Transcript (Seeking Alpha)
Apr-16-25 05:45PM	First Industrial Realty Trust (FR) Misses Q1 FFO Estimates (Zacks)
04:45PM	First Industrial Realty Trust: Q1 Earnings Snapshot (Associated Press Finance)
04:30PM	FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2025 RESULTS (PR Newswire)
Apr-13-25 09:00AM	Markets Gone Wild (Seeking Alpha)
Apr-12-25 01:27AM	Dividend Champion, Contender, And Challenger Highlights: Week Of April 13 (Seeking Alpha)
Apr-10-25 12:00PM	First Industrial Realty Trust (FR) Upgraded to Buy: Here's What You Should Know (Zacks)
11:45AM	First Industrial Realty Trust (FR) Could Be a Great Choice (Zacks)
10:27AM	First Industrial Realty Trust (FR) Moves 7.6% Higher: Will This Strength Last? (Zacks)
09:35AM	After Plunging -17.4% in 4 Weeks, Here's Why the Trend Might Reverse for First Industrial Realty Trust (FR) (Zacks)
09:10AM	Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks (Zacks)
Apr-06-25 09:00AM	Tariff Tantrum (Seeking Alpha)
Apr-03-25 12:35PM	First Industrial Realty Trust: One Of The Best Industrial REITs (Seeking Alpha) -7.44%
Apr-01-25 04:30PM	Industrial REITs Standardize Key Property Metrics (PR Newswire)
Mar-31-25 09:15AM	Terreno Leases 100% of Countyline Corporate Park Phase IV Building 33 (Zacks)
Mar-30-25 11:00AM	First Industrial: The Dividend Growth Giant That Doesn't Get Enough Attention (Seeking Alpha)
Mar-29-25 08:15AM	A Big Market Reversal Is Likely Coming In 2025 (Seeking Alpha)
02:38AM	STAG Industrial: Strong Fundamentals Have Resulted In Outperformance (Seeking Alpha)
Mar-28-25 10:00AM	First Industrial Realty Trust To Host First Quarter 2025 Results Conference Call On April 17 (PR Newswire)
Mar-26-25 10:53PM	21 Upcoming Dividend Increases To Finish Q1 (SeekingAlpha)
Mar-23-25 09:00AM	Certainly Uncertain (SeekingAlpha)
Mar-22-25 12:31AM	Dividend Champion, Contender, And Challenger Highlights: Week Of March 23 (SeekingAlpha)
Mar-21-25 11:41AM	The State Of REITs: March 2025 Edition (SeekingAlpha)
10:30AM	BlackRock Advantage SMID Cap Fund Q4 2024 Commentary (SeekingAlpha)
Mar-20-25 09:22AM	EastGroup Properties Q4: Another Reason To Own This Industrial REIT (SeekingAlpha)
Mar-18-25 05:43PM	First Industrial Realty Trust Closes $850 Million Unsecured Revolving Credit Facility and $200 Million Unsecured Term Loan (PR Newswire)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
YAP JOHANNSON L	Chief Investment Officer	Dec 17 '25	Sale	58.37	680	39,688	3,770	Dec 19 04:37 PM

First Industrial Realty Trust, Inc. is a real estate company, which engages in the ownership, management, acquisition, sale, development, and redevelopment of industrial real estate. Its product portfolio includes bulk warehouse, regional warehouse, R&D/flex, and light industrial properties. The company was founded by Johannson L. Yap, Robert L. Denton, Sr., and Jay H. Shidler on August 10, 1993, and is headquartered in Chicago, IL.

Chairman of Board & DirectorMr. Matthew S. Dominski

PresidentMr. Peter E. Baccile

Chief Investment Officer & Executive VP of West RegionMr. Johannson L. Yap

CFOMr. Scott A. Musil CPA

General Counsel & SecretaryMs. Jennifer E. Matthews Rice J.D.

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FR

First Industrial Realty Trust Inc

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