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 7,323 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
65% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 40
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 capital invested
Capital invested by funds: $6.3B [Q4 2024] → $6.63B (+$327M) [Q1 2025]
5% more funds holding
Funds holding: 411 [Q4 2024] → 432 (+21) [Q1 2025]
6% less call options, than puts
Call options by funds: $237K | Put options by funds: $253K
2.58% less ownership
Funds ownership: 95.47% [Q4 2024] → 92.9% (-2.58%) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$51
4%
upside
Avg. target
$54
11%
upside
High target
$59
21%
upside
5 analyst ratings
2 positive
40%
3 neutral
60%
0 negative
0%
Wells Fargo Blaine Heck | 11%upside $54 | Equal-Weight Maintained | 19 May 2025 |
Scotiabank Nicholas Yulico | 4%upside $51 | Sector Perform Maintained | 12 May 2025 |
Baird David Rodgers | 21%upside $59 | Outperform Maintained | 6 May 2025 |
Truist Securities Ki Bin Kim | 13%upside $55 | Buy Maintained | 5 May 2025 |
Barclays Anthony Powell | 6%upside $52 | Equal-Weight Maintained | 30 Apr 2025 |
Financial journalist opinion
Based on 8 articles about FR published over the past 30 days
Positive
Seeking Alpha
1 week ago
First Industrial: Q2 Earnings Reinforce Portfolio Strength Amidst Uncertainty
I maintain my buy rating on First Industrial Realty, supported by strong earnings, resilient financials, and impressive long-term dividend growth. FR's industrial-focused portfolio, blue-chip tenants, and consistent AFFO growth position it well despite current market headwinds. Interest rate uncertainty and potential tariff impacts have suppressed FR's share price, but future rate cuts could unlock significant upside.
Positive
Seeking Alpha
1 week ago
Powell Pressured As Inflation Cools
U.S. equity markets climbed to fresh record-highs this week after a critical slate of inflation data showed that tariff-driven inflation remains muted, while rumors of a potential Powell termination swirled. Supported by data this week showing that core inflation cooled to its slowest pace in over three years, the White House reignited the heat on the head of the Fed. Rebounding from modest declines last week, the S&P 500 advanced 0.6%, notching record highs in three of the past four weeks following a five-month drought.
Positive
Seeking Alpha
1 week ago
2 Deep Value Dividend Stocks Hiding In Plain Sight
This year's wild macro backdrop pushed me to write longer, deeper articles. So today I'm sharing two new under-the-radar dividend gems I discovered. Both stocks align with my long-term macro views and offer a powerful combo of income, growth, and secular tailwinds, yet most investors likely don't know them. They're cheap, compelling, and on my watchlist, not yet in my portfolio, but I'm bullish. These picks could surprise many who are only chasing the usual names.
Neutral
Seeking Alpha
1 week ago
First Industrial Realty Trust, Inc. (FR) Q2 2025 Earnings Call Transcript
First Industrial Realty Trust, Inc. (NYSE:FR ) Q2 2025 Earnings Conference Call July 17, 2025 11:00 AM ET Company Participants Arthur J. Harmon - Senior Vice President of Investor Relations & Marketing Christopher M.
Positive
The Motley Fool
1 week ago
First Industrial EPS Climbs 10.5% In Q2
First Industrial Realty Trust (FR 0.07%), a real estate investment trust focused on logistics and industrial properties in major U.S. markets, reported fiscal 2025 second-quarter results on Wednesday, July 16, that topped analysts' consensus expectations. Earnings per share (EPS) of $0.42 beat the forecasted $0.38, while Q2 revenue came in at $180.2 million, ahead of the $177.6 million consensus estimate.
Positive
Zacks Investment Research
1 week ago
First Industrial Realty Trust (FR) Surpasses Q2 FFO and Revenue Estimates
First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.76 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to FFO of $0.66 per share a year ago.
Neutral
PRNewsWire
1 week ago
First Industrial Realty Trust Reports Second Quarter 2025 Results
Second Quarter Cash Same Store NOI Growth of 8.7% 33% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 38% Increase Excluding 1.3 MSF Fixed-Rate Renewal Signed a 58,000 SF Lease at First Loop Logistics Park Building 4 in Orlando in the Second Quarter Earned 'BBB+' Unsecured Credit Rating from Fitch Ratings Issued $450 Million of 5.25% Senior Unsecured Notes Due January 2031, Our First Public Bond Offering Since 2007 CHICAGO , July 16, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced results for the second quarter of 2025. First Industrial's diluted net income available to common stockholders per share (EPS) was $0.42 in the second quarter, compared to $0.39 a year ago and second quarter funds from operations (FFO) was $0.76 per share/unit on a diluted basis, compared to $0.66 per share/unit a year ago.
Neutral
PRNewsWire
4 weeks ago
First Industrial Realty Trust To Host Second Quarter 2025 Results Conference Call On July 17
CHICAGO , July 1, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its second quarter 2025 results conference call on Thursday, July 17, 2025 at 10:00 a.m. CDT (11:00 a.m.
Positive
Seeking Alpha
1 month 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 month 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.
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