Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
First Industrial Realty ( (FR) ) just unveiled an announcement.
On August 21, 2025, First Industrial Realty Trust, Inc. announced the initiation of a new equity offering, allowing for the sale of up to $800 million or 16 million shares of common stock through various transactions, including ‘at-the-market’ offerings. This move follows the termination of previous distribution agreements and is aimed at raising capital for general corporate purposes such as property acquisition and debt repayment, potentially impacting the company’s financial flexibility and market positioning.
The most recent analyst rating on (FR) stock is a Buy with a $57.00 price target. To see the full list of analyst forecasts on First Industrial Realty stock, see the FR Stock Forecast page.
Spark’s Take on FR Stock
According to Spark, TipRanks’ AI Analyst, FR is a Outperform.
First Industrial Realty’s strong financial performance and positive earnings call highlights are significant strengths. However, the high P/E ratio and technical indicators suggest caution. The balanced outlook from the earnings call and valuation concerns slightly temper the overall score.
To see Spark’s full report on FR stock, click here.
More about First Industrial Realty
First Industrial Realty Trust, Inc. operates in the real estate industry, focusing on the acquisition, development, and management of industrial properties. The company primarily deals with logistics and distribution facilities, serving a diverse range of clients in need of warehouse and industrial space.
Average Trading Volume: 1,230,882
Technical Sentiment Signal: Buy
Current Market Cap: $6.91B
See more data about FR stock on TipRanks’ Stock Analysis page.