First Industrial Realty Trust
About: First Industrial Realty Trust Inc is a real estate investment trust that owns, manages, acquires, sells, develops, and redevelops industrial real estate. Through its fully integrated operating and investing platform, the company provides facilities and customer service to multinational corporations and regional firms that are essential for their supply chains. The company serves a diverse tenant base across various sectors, including e-commerce, logistics, transportation, manufacturing, retail, consumer services, food and beverage, building materials, wholesale goods, health services, and government.
Employees: 151
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 39
35% more repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 129
14% more funds holding in top 10
Funds holding in top 10: 7 [Q4 2024] → 8 (+1) [Q1 2025]
5% more funds holding
Funds holding: 410 [Q4 2024] → 431 (+21) [Q1 2025]
5% more capital invested
Capital invested by funds: $6.3B [Q4 2024] → $6.61B (+$303M) [Q1 2025]
6% less call options, than puts
Call options by funds: $237K | Put options by funds: $253K
2.91% less ownership
Funds ownership: 95.47% [Q4 2024] → 92.57% (-2.91%) [Q1 2025]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$51
3%
upside
Avg. target
$55
11%
upside
High target
$59
19%
upside
8 analyst ratings
4 positive
50%
4 neutral
50%
0 negative
0%
Wells Fargo Blaine Heck | 9%upside $54 | Equal-Weight Maintained | 19 May 2025 |
Scotiabank Nicholas Yulico | 3%upside $51 | Sector Perform Maintained | 12 May 2025 |
Baird David Rodgers | 19%upside $59 | Outperform Maintained | 6 May 2025 |
Truist Securities Ki Bin Kim | 11%upside $55 | Buy Maintained | 5 May 2025 |
Barclays Anthony Powell | 5%upside $52 | Equal-Weight Maintained | 30 Apr 2025 |
Financial journalist opinion
Based on 4 articles about FR published over the past 30 days
Positive
Seeking Alpha
1 week ago
First Industrial Realty: Attractive Despite Tariff Uncertainty
First Industrial Realty faces near-term headwinds from tariff uncertainty, especially on the West Coast, but long-term fundamentals remain solid. Demand is tepid due to trade policy paralysis, yet supply constraints and a strong balance sheet support occupancy and pricing power. Despite recent FFO and dividend outperformance, shares are down, creating an attractive entry point given ongoing cash flow strength.
Neutral
PRNewsWire
1 week ago
First Industrial Realty Trust To Present At Nareit's REITWeek 2025 Investor Conference
CHICAGO , June 2, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will present at Nareit's REITWeek 2025 Investor Conference on Tuesday, June 3, 2025 at 2:30 PM EDT (1:30 PM CDT). A webcast of the presentation will be available on First Industrial's website at www.firstindustrial.com under the "Investors" tab.
Negative
Seeking Alpha
2 weeks ago
U.S. REIT Same-Store Net Operating Income Growth Slips In Q1
US equity REITs reported a marginal decline in the median growth rate of their same-store NOI in Q1 as the commercial real estate market continues to face macroeconomic challenges. Among all US equity REITs, the healthcare sector recorded the largest year-over-year gain in same-store NOI during the first quarter, with a median increase of 7.1%. During the first quarter, the office segment incurred losses in its same-store NOI, posting a median year-over-year decline of 0.9%.
Positive
Seeking Alpha
4 weeks ago
Tariffs Up, Inflation Down
US equity markets surged this week - extending a dramatic post "Liberation Day" rebound - after the White House announced a trade truce with China, while investors cheered surprisingly cool inflation data. Quelling one of the primary recession risks, the U.S. and China reached a surprising breakthrough in agreeing to slash tariffs to pre-retaliation levels during a 90-day negotiating period. More good news on the inflation front. Despite the broad-based tariff hikes in April, the critical CPI and the PPI both showed the lowest annual increase in inflation since 2021.
Neutral
PRNewsWire
1 month ago
First Industrial Realty Trust Announces Pricing of $450 Million of Senior Notes Due 2031
CHICAGO , May 12, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (the "Company") (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that its operating partnership, First Industrial, L.P., has priced a public offering of $450 million aggregate principal amount of 5.25% senior unsecured notes due 2031 (the "Notes").
Positive
Seeking Alpha
1 month ago
3 Top REITs To Buy In May 2025
We live in a very uncertain world. It is leading to some interesting buying opportunities. I highlight 3 REITs to consider buying in May 2025.
Neutral
Seeking Alpha
1 month ago
Market Reversal: REITs Beating Tech In 2025
Tech stocks have been very rewarding in the last few years. REITs, on the other hand, have been very poor investments. But things are changing, and REITs are now beating Tech. Here's why.
Positive
Seeking Alpha
1 month ago
Buy The Dip: 3 Stocks Getting Way Too Cheap
We are likely headed into a recession. Cyclical stocks have sold off significantly. Some of them are now deeply undervalued and could present significant upside potential in a future recovery.
Neutral
PRNewsWire
1 month ago
First Industrial Realty Trust Declares Common Stock Dividends
CHICAGO , April 30, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that its board of directors declared a common stock dividend of $0.445 per share/unit for the quarter ending June 30, 2025 payable on July 21, 2025 to stockholders of record on June 30, 2025. 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.
Neutral
The Motley Fool
1 month ago
First Industrial Realty Trust (FR) Q1 2025 Earnings Call
Image source: The Motley Fool.
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