First Industrial Realty Trust, Inc. (FR)
| Market Cap | 8.60B +36.3% |
| Revenue (ttm) | 745.20M +8.6% |
| Net Income | 342.27M +28.2% |
| EPS | 2.58 +28.5% |
| Shares Out | 137.02M |
| PE Ratio | 24.29 |
| Forward PE | 35.47 |
| Dividend | $2.00 (3.19%) |
| Ex-Dividend Date | Jun 30, 2026 |
| Volume | 714,289 |
| Open | 62.75 |
| Previous Close | 62.42 |
| Day's Range | 62.39 - 62.96 |
| 52-Week Range | 47.36 - 64.66 |
| Beta | 1.08 |
| Analysts | Buy |
| Price Target | 63.09 (+0.54%) |
| Earnings Date | Apr 22, 2026 |
About FR
First Industrial Realty Trust, Inc. 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. In total, we own and have under development approximately 71.6 million square feet of industrial space concentrated in 15 target MSAs as of March 31, 2026. First Industrial Realty Trust, Inc. was e... [Read more]
Financial Performance
In 2025, FR's revenue was $727.56 million, an increase of 8.24% compared to the previous year's $672.18 million. Earnings were $247.30 million, a decrease of -13.94%.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for FR stock is "Buy." The 12-month stock price target is $63.09, which is an increase of 0.54% from the latest price.
News
First Industrial Shareholders Re-elect All Company Directors
CHICAGO, April 30, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that, based o...
First Industrial Declares Common Stock Dividends
CHICAGO, April 30, 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 boar...
First Industrial Realty price target raised to $68 from $67 at Baird
Baird raised the firm’s price target on First Industrial Realty (FR) to $68 from $67 and keeps an Outperform rating on the shares. The firm updated its model following Q1
First Industrial Realty price target raised to $65 from $64 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on First Industrial Realty (FR) to $65 from $64 and keeps a Neutral rating on the shares. Industrial REITs have delivered solid returns
First Industrial Realty Trust Earnings Call Transcript: Q1 2026
Q1 2026 saw strong leasing, a key SoCal renewal, and a $131M Phoenix land sale at a premium. FFO guidance is unchanged, with robust rent growth and active markets in PA and South Florida. Capital remains focused on development, with share buybacks during market dips.
First Industrial Realty sees 2026 adjusted FFO EPS $3.09-$3.19, consensus $3.17
16:43 EDT First Industrial Realty (FR) sees 2026 adjusted FFO EPS $3.09-$3.19, consensus $3.17
First Industrial Realty Trust Reports First Quarter 2026 Results
Cash Same Store NOI Growth of 8.7% Cash Rental Rates Up 32% in 1Q26 41% Cash Rental Rate Increase on Leases Signed To Date Commencing in 2026; Includes 556,000 SF Renewal in the Inland Empire Signed A...
L&B urges First Industrial shareholders to vote against chairman reelection
Land & Buildings Investment Management, a shareholder of First Industrial Realty (FR) Trust, issued a letter to shareholders responding to the Company’s latest shareholder letter dated April 13, 2026 ...
Land & Buildings Responds to First Industrial's Latest Shareholder Letter Ahead of April 30 Annual Meeting
STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings,” “L&B,” “us” or “we”), a shareholder of First Industrial Realty T...
First Industrial Realty Trust to Host First Quarter 2026 Results Conference Call on April 23
Announces Property Tours for Investors/Analysts: Southern California May 12th and New Jersey June 4th CHICAGO, April 8, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading f...
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
STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings,” “L&B,” “us” or “we”), a shareholder of First Industrial Realty T...
First Industrial Realty Trust Comments on Land & Buildings' Withdrawal of Jonathan Litt as a Director Nominee
CHICAGO, March 20, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today commented on Land & Bui...
Land & Buildings sends letter to First Industrial shareholders
Land & Buildings, a shareholder of First Industrial Realty (FR), issued a letter to shareholders detailing why “urgent change” is needed at the company to maximize shareholder value. The company
Land & Buildings Sends Letter to First Industrial Realty Trust Shareholders Detailing Why Investors Should Withhold Votes for Entrenched Directors
STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings,” “L&B,” “us” or “we”), a shareholder of First Industrial Realty T...
First Industrial Realty Trust Appoints Frank E. Schmitz to Board of Directors
Announces $250 Million Share Repurchase Authorization, Plans Series of Market Tours for Investors/Analysts in 2026 CHICAGO, March 16, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR...
Land & Buildings Issues Letter Detailing First Industrial's Governance Discount
STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings,” “L&B,” “us” or “we”), a shareholder of First Industrial Realty T...
First Industrial Realty price target raised to $63 from $62 at Scotiabank
Scotiabank raised the firm’s price target on First Industrial Realty (FR) to $63 from $62 and keeps a Sector Perform rating on the shares. The firm is updating its price
Land & Buildings calls on First Industrial Realty to refresh board
Land & Buildings Investment Management, a shareholder of First Industrial Realty (FR) Trust, issued a letter to shareholders detailing the insular boardroom culture at the Company and why meaningful c...
Land & Buildings Issues Letter Detailing Why Change Is Needed at First Industrial Realty Trust
STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings,” “L&B,” “us” or “we”), a shareholder of First Industrial Realty T...
First Industrial Realty price target raised to $66 from $65 at Truist
Truist raised the firm’s price target on First Industrial Realty (FR) to $66 from $65 and keeps a Buy rating on the shares. Post Q4 results, the firm raised its
First Industrial Realty price target raised to $65 from $64 at Baird
Baird raised the firm’s price target on First Industrial Realty (FR) to $65 from $64 and keeps an Outperform rating on the shares. The firm updated its model following Q4
First Industrial Realty price target raised to $63 from $60 at Citi
Citi analyst Nick Joseph raised the firm’s price target on First Industrial Realty (FR) to $63 from $60 and keeps a Neutral rating on the shares.
First Industrial Realty price target raised to $63 from $60 at Citi
Citi raised the firm’s price target on First Industrial Realty (FR) to $63 from $60 and keeps a Neutral rating on the shares. The firm is updating its First Industrial
First Industrial Realty price target raised to $66 from $64 at RBC Capital
RBC Capital raised the firm’s price target on First Industrial Realty (FR) to $66 from $64 and keeps an Outperform rating on the shares after its Q4 results. The company
First Industrial Realty price target raised to $64 from $58 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on First Industrial Realty (FR) to $64 from $58 and keeps a Neutral rating on the shares. Industrial REITs are generally providing 2026