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FR Stock Chart & Stats
$66.99
$0.66(1.00%)
At close: 4:00 PM EDT
$66.99
$0.66(1.00%)
Day’s Range― - ―
52-Week Range$47.38 - $69.88
Previous CloseN/A
Volume1.31M
Average Volume (3M)1.27M
Market Cap
$8.64B
Enterprise Value$10.70K
Total Cash (Recent Filing)$37.15M
Total Debt (Recent Filing)$2.57B
Price to Earnings (P/E)22.9
Beta0.56
Next Earnings
Oct 21, 2026EPS Estimate
0.47Next Dividend Ex-DateN/A
Dividend Yield3%
Share Statistics
EPS (TTM)2.75
Shares Outstanding132,572,950
10 Day Avg. Volume1,293,397
30 Day Avg. Volume1,267,207
Financial Highlights & Ratios
PEG Ratio-2.22
Price to Book (P/B)2.84
Price to Sales (P/S)10.43
P/FCF Ratio66.03
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$72.55Price Target Upside8.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)2.51
Revenue Forecast (FY)$788.82M
Bulls Say, Bears Say
Bulls Say
Revenue & Cash GenerationSustained top-line growth and strong operating cash generation provide durable funding for dividends, selective development, and acquisitions. Reliable cash flow supports reinvestment and debt servicing, underpinning long-term balance sheet and portfolio expansion capacity.
NOI Growth & Lease PricingConsistent same-store NOI expansion and large lease-up spreads indicate pricing power and favorable landlord economics. Higher contractual rents and strong renewal spreads support margin durability across economic cycles and enhance long-run FFO per share potential.
Conservative Capital / Development CapacityA conservative funding stance with low utilization of credit lines and explicit development capacity reduces execution risk. Ability to self-fund a large share of projects preserves optionality and limits reliance on volatile capital markets for disciplined growth.
Bears Say
Leverage LevelMeaningful leverage is typical for REITs but narrows financial flexibility and raises sensitivity to interest rates. Elevated debt relative to equity may constrain opportunistic M&A and increase refinancing risk during tighter credit cycles.
Free Cash Flow VariabilityVolatile free cash flow driven by timing of development and dispositions complicates capital allocation. Inconsistent FCF reduces visibility on sustainable dividend coverage and may force more asset sales or external financing in weaker investment periods.
Land & Entitlement CompetitionIntensifying competition from data‑center and other buyers for industrial land raises acquisition costs and extends entitlement timelines. Structural land scarcity and tougher permitting can compress development returns and slow organic supply-led growth.
FR FAQ
What was First Industrial Realty Trust’s price range in the past 12 months?
First Industrial Realty Trust lowest stock price was $47.38 and its highest was $69.88 in the past 12 months.
What is First Industrial Realty Trust’s market cap?
First Industrial Realty Trust’s market cap is $8.64B.
When is First Industrial Realty Trust’s upcoming earnings report date?
First Industrial Realty Trust’s upcoming earnings report date is Oct 21, 2026 which is in 70 days.
How were First Industrial Realty Trust’s earnings last quarter?
First Industrial Realty Trust released its earnings results on Jul 22, 2026. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.443 by $0.137.
Is First Industrial Realty Trust overvalued?
According to Wall Street analysts First Industrial Realty Trust’s price is currently Undervalued.
Does First Industrial Realty Trust pay dividends?
First Industrial Realty Trust pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 3%. See more information on First Industrial Realty Trust dividends here
What is First Industrial Realty Trust’s EPS estimate?
First Industrial Realty Trust’s EPS estimate is 0.47.
How many shares outstanding does First Industrial Realty Trust have?
First Industrial Realty Trust has 132,572,950 shares outstanding.
What happened to First Industrial Realty Trust’s price movement after its last earnings report?
First Industrial Realty Trust reported an EPS of $0.58 in its last earnings report, beating expectations of $0.443. Following the earnings report the stock price went down -2.038%.
Which hedge fund is a major shareholder of First Industrial Realty Trust?
Currently, no hedge funds are holding shares in FR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
First Industrial Realty Stock Smart Score
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$72.55 (8.29% Upside)
$72.55 (8.29% Upside)
Blogger Sentiment
Bullish
FR Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 709.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 11.9%
Last 30 Days ▲ 11.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.12%
12-Months-Change
Fundamentals
Return on Equity
3.00%
Trailing 12-Months
Asset Growth
6.03%
Trailing 12-Months
Company Description
First Industrial Realty Trust
First Industrial Realty Trust, Inc. (NYSE: FR) is a self-administered real estate investment trust (REIT) focused on owning, operating, acquiring, and developing industrial real estate. Its portfolio primarily consists of logistics, distribution, light industrial, and other industrial properties located in major U.S. markets, serving tenants that use these facilities for warehousing, fulfillment, manufacturing-related, and distribution activities.
FR Company Deck
FR Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly constructive: management reported solid operating results (FFO up, strong same-store NOI growth), meaningful large-format leasing wins, higher rental-rate spreads (≈39%) and raised FFO guidance. Portfolio and development activity are picking up with selective acquisitions and strategic land buys. Near-term execution risks include an anticipated Q3 occupancy dip tied to development timing, modest move-outs that offset some gains, entitlement/land competition pressures (including data-center buyers), and one-time proxy-related costs that reduce reported FFO. On balance, the positives (earnings/growth, leasing momentum, strong cash leasing spreads and prudent capital/funding plan) outweigh the headwinds, supporting a favorable outlook.View all FR earnings summariesFR Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$72.55
▲(8.29% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
0.20% Insiders
26.57% Mutual Funds
8.93% Other Institutional Investors
34.68% Public Companies and
Individual Investors






