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FR

FR - First Industrial Realty Trust Inc Stock Price, Fair Value and News

47.42USD-0.30 (-0.63%)Market Closed

Market Summary

FR
USD47.42-0.30
Market Closed
-0.63%

FR Stock Price

View Fullscreen

FR RSI Chart

FR Valuation

Market Cap

6.3B

Price/Earnings (Trailing)

21.92

Price/Sales (Trailing)

10.07

EV/EBITDA

11.82

Price/Free Cashflow

21.26

FR Price/Sales (Trailing)

FR Profitability

EBT Margin

46.63%

Return on Equity

11.1%

Return on Assets

5.54%

Free Cashflow Yield

4.7%

FR Fundamentals

FR Revenue

Revenue (TTM)

626.9M

Rev. Growth (Yr)

8.6%

Rev. Growth (Qtr)

3.18%

FR Earnings

Earnings (TTM)

288.1M

Earnings Growth (Yr)

22.31%

Earnings Growth (Qtr)

-22.57%

Breaking Down FR Revenue

Last 7 days

3.1%

Last 30 days

-9.7%

Last 90 days

-11.3%

Trailing 12 Months

-11.4%

How does FR drawdown profile look like?

FR Financial Health

FR Investor Care

Dividend Yield

2.79%

Dividend/Share (TTM)

1.33

Shares Dilution (1Y)

0.07%

Diluted EPS (TTM)

2.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024626.9M000
2023563.8M586.0M601.4M614.0M
2022485.5M498.2M516.9M539.9M
2021453.9M462.1M467.0M476.3M
2020431.8M436.9M446.5M448.0M
2019408.7M414.0M420.3M426.0M
2018398.8M400.1M401.0M404.0M
2017381.9M386.5M392.2M396.4M
2016369.3M371.9M373.3M378.0M
2015350.7M357.1M362.9M365.8M
2014324.1M328.6M335.9M344.6M
2013303.2M301.2M301.7M318.5M
2012319.5M320.7M320.0M305.2M
2011320.9M320.5M321.6M321.1M
2010368.9M353.2M337.5M321.8M
2009000384.6M

Tracking the Latest Insider Buys and Sells of First Industrial Realty Trust Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 02, 2024
dominski matthew
acquired
-
-
2,642
-
May 02, 2024
rau john
acquired
-
-
2,642
-
Mar 01, 2024
yap johannson l
gifted
-
-
-365
chief investment officer
Feb 23, 2024
schultz peter
gifted
-
-
-100
evp - east region
Jan 02, 2024
matthews rice jennifer
sold (taxes)
-216,277
52.97
-4,083
general counsel
Jan 02, 2024
matthews rice jennifer
acquired
-
-
8,096
general counsel
Dec 01, 2023
musil scott a
gifted
-
-
-2,105
chief financial officer
Dec 01, 2023
musil scott a
gifted
-
-
750
chief financial officer
Aug 25, 2023
yap johannson l
gifted
-
-
-40.00
chief investment officer
May 19, 2023
yap johannson l
gifted
-
-
-300
chief investment officer

1–10 of 50

Which funds bought or sold FR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 10, 2024
BAHL & GAYNOR INC
unchanged
-
-2,613
1,055,900
0.01%
May 10, 2024
Greenland Capital Management LP
new
-
3,830,270
3,830,270
0.43%
May 10, 2024
ALLSTATE CORP
reduced
-6.32
-551,657
7,872,700
0.56%
May 10, 2024
DIMENSIONAL FUND ADVISORS LP
reduced
-0.29
-541,941
100,100,000
0.03%
May 10, 2024
Y-Intercept (Hong Kong) Ltd
new
-
937,471
937,471
0.07%
May 10, 2024
Campbell & CO Investment Adviser LLC
reduced
-25.31
-560,246
1,637,150
0.14%
May 10, 2024
CORNERCAP INVESTMENT COUNSEL INC
added
0.08
-1,825
1,099,610
0.17%
May 10, 2024
WELLS FARGO & COMPANY/MN
reduced
-30.07
-2,795,060
6,445,920
-%
May 10, 2024
CREDIT SUISSE AG/
added
11.56
1,369,450
13,503,800
0.01%
May 10, 2024
PEAPACK GLADSTONE FINANCIAL CORP
reduced
-1.01
-37,000
2,999,000
0.05%

1–10 of 49

Are Funds Buying or Selling FR?

Are funds buying FR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FR
No. of Funds

Unveiling First Industrial Realty Trust Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
principal real estate investors llc
4.5%
5,947,508
SC 13G/A
Feb 13, 2024
vanguard group inc
14.45%
19,113,524
SC 13G/A
Jan 30, 2024
state street corp
5.57%
7,369,764
SC 13G/A
Jan 23, 2024
blackrock inc.
11.9%
15,703,240
SC 13G/A
Feb 15, 2023
principal real estate investors llc
6.21%
8,205,420
SC 13G/A
Feb 09, 2023
vanguard group inc
14.77%
19,521,607
SC 13G/A
Feb 01, 2023
state street corp
5.48%
7,236,334
SC 13G/A
Jan 26, 2023
blackrock inc.
12.1%
15,996,956
SC 13G/A
Jan 20, 2023
blackrock inc.
12.1%
15,996,956
SC 13G/A
Feb 15, 2022
principal real estate investors llc
6.15%
8,010,462
SC 13G

Recent SEC filings of First Industrial Realty Trust Inc

View All Filings
Date Filed Form Type Document
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
May 01, 2024
8-K
Current Report
May 01, 2024
S-8
Employee Benefits Plan
May 01, 2024
S-8 POS
Employee Benefits Plan
May 01, 2024
S-8 POS
Employee Benefits Plan

Peers (Alternatives to First Industrial Realty Trust Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
87.0B
11.2B
-3.34% -5.09%
44.09
7.76
3.63% 50.79%
43.4B
6.8B
-2.08% -16.03%
31.12
6.34
-2.39% -16.60%
28.0B
2.8B
4.38% 9.43%
29.34
9.99
5.72% -6.47%
21.1B
3.0B
-6.99% -1.42%
107.38
7.14
10.44% -73.79%
13.3B
-
-0.44% 2.82%
31.57
8.22
8.93% 11.87%
11.0B
1.4B
-1.46% 0.56%
29.34
8.01
10.48% -2.93%
9.6B
3.3B
-5.93% 21.38%
50.19
2.92
4.82% -75.15%
MID-CAP
8.5B
1.2B
-0.34% 10.98%
35.68
7.39
5.48% -38.69%
3.4B
892.3M
-4.72% 151.65%
-6.62
3.79
-5.33% -307.54%
3.3B
878.0M
-5.49% 59.53%
-9.63
3.75
2.35% -290.60%
SMALL-CAP
1.4B
444.1M
-0.31% 17.21%
19.69
3.04
3.54% 8.91%
1.2B
198.2M
-2.50% -4.22%
-7.46
6.02
-43.33% -308.08%
1.1B
650.2M
-3.91% 4.65%
36.04
1.7
27.93% 140.31%
563.8M
285.4M
-15.69% -36.62%
-4.09
1.98
11.05% 83.70%
451.6M
277.2M
2.66% -14.90%
-55.08
1.63
25.89% 94.64%

First Industrial Realty Trust Inc News

Latest updates
MarketBeat • 24 hours ago
Yahoo Movies Canada • 11 May 2024 • 11:00 am
Yahoo Singapore News • 10 May 2024 • 01:00 am
PR Newswire • 30 Apr 2024 • 07:00 am

First Industrial Realty Trust Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.2%162157155152149145140130126122121117116112116109110111107104105
Costs and Expenses8.2%10193.0093.0091.0092.0086.0083.0080.0078.0075.0075.0073.0074.0072.0072.0069.0069.0070.0065.00--
Operating Expenses----------------69.0069.0070.0065.0064.0067.00
  S&GA Expenses20.3%12.0010.008.0010.009.009.008.008.009.009.009.008.009.008.007.008.009.008.007.007.007.00
EBITDA Margin4.2%0.85*0.81*0.77*0.87*0.87*0.90*0.99*0.85*0.89*0.96*0.91*0.91*---------
Interest Expenses--------------11.0013.0012.0013.0010.0012.0012.0013.00
Income Taxes60.8%1.001.000.000.007.00-0.980.0024.00-0.093.001.002.00-0.152.00-0.040.00-0.080.000.003.000.00
Earnings Before Taxes-22.6%70.0091.0076.0055.0040.0086.0012740.0037.0012044.0055.0064.0083.0037.0037.0041.0099.0080.0028.0024.00
EBT Margin9.1%0.47*0.43*0.43*0.53*0.52*0.54*0.63*0.48*0.53*0.59*0.53*0.52*---------
Net Income-22.6%68.0088.0075.0056.0056.0073.0012413437.0011342.0053.0064.0084.0036.0036.0042.0097.0078.0040.0024.00
Net Income Margin2.4%0.46*0.45*0.44*0.54*0.69*0.68*0.79*0.66*0.51*0.57*0.52*0.51*---------
Free Cashflow-2.9%62.0064.0084.0086.0070.0065.0087.0019960.0070.0078.0077.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.5%5,2005,1765,1525,0894,9514,9544,8644,6634,3794,1793,9753,8643,8173,7923,7393,6523,6633,5193,3773,2553,179
    Cash Equivalents11.5%49.0044.0054.0068.0072.0014515213545.0059.0061.0083.0018020017110113515344.0033.0031.00
Liabilities-0.5%2,5272,5412,5452,5282,4232,4242,3782,2922,1061,9311,9021,8621,8361,8451,8501,8551,8721,7211,6511,5801,513
Shareholder's Equity1.3%2,5952,5632,5352,5622,5282,5302,4862,3722,2722,2482,0742,0021,9811,9471,8891,7971,7911,7981,7251,6741,666
  Retained Earnings15.2%14712881.0048.0036.0023.00---------------
  Additional Paid-In Capital0.1%2,4142,4122,4072,4032,4002,4012,3982,3932,3892,3762,2872,2252,2212,2252,2222,1412,1382,1412,1382,1302,128
Shares Outstanding0.0%132132132132132132132132132130129129---------
Minority Interest8.3%78.0072.0072.0071.0070.0071.0071.0069.0058.0054.0051.0051.0050.0045.0043.0038.0038.0034.0033.0038.0038.00
Float----6,933---6,244---6,709---4,810---4,594-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-2.9%62.0064.0084.0086.0070.0065.0087.0019960.0070.0078.0077.0041.0050.0073.0077.0040.0055.0070.0078.0042.00
Cashflow From Investing65.7%-19.03-55.43-71.78-146-104-117-103-204-203-125-129-139-22.0623.00-28.58-62.72-18310.00-57.37-100-56.98
Cashflow From Financing-98.6%-38.43-19.35-26.4158.00-39.6146.0033.0096.0012953.0030.00-34.57-39.30-44.3726.00-48.6312544.00-1.8625.00-4.23
  Dividend Payments0%43.0043.0043.0043.0040.0040.0040.0040.0036.0036.0036.0036.0033.0033.0032.0032.0030.0030.0030.0030.0028.00
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FR Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Lease Revenue$ 159,735$ 146,606
Joint Venture Fees6691,073
Other Revenue1,8681,744
Total Revenues162,272149,423
Expenses:  
Property Expenses47,01442,182
General and Administrative11,7819,354
Joint Venture Development Services Expense426784
Depreciation and Other Amortization41,81939,772
Total Expenses101,04092,092
Other Income (Expense):  
Gain on Sale of Real Estate30,8520
Interest Expense(20,897)(16,119)
Amortization of Debt Issuance Costs(912)(904)
Total Other Income (Expense)9,043(17,023)
Income from Operations Before Equity in Income of Joint Venture and Income Tax Provision70,27540,308
Equity in Income of Joint Venture1,40227,634
Income Tax Provision(1,179)(7,167)
Net Income70,49860,775
Less: Net Income Attributable to the Noncontrolling Interests(2,046)(4,808)
Net Income Available to Common Stockholders / Unitholders and Participating Securities68,45255,967
Net Income Allocable to Participating Securities(45)(47)
Net Income Available to Common Stockholders / Unitholders$ 68,407$ 55,920
Basic and Diluted Earnings Per Share / Unit:  
Net Income Available to Common Stockholders / Unitholders - Basic$ 0.52$ 0.42
Net Income Available to Common Stockholders / Unitholders - Diluted$ 0.52$ 0.42
Weighted Average Shares/Units Outstanding - Basic132,360132,211
Weighted Average Shares/Units Outstanding - Diluted132,406132,299
First Industrial, L.P.  
Revenues:  
Lease Revenue$ 159,735$ 146,606
Joint Venture Fees6691,073
Other Revenue1,8681,744
Total Revenues162,272149,423
Expenses:  
Property Expenses47,01442,182
General and Administrative11,7819,354
Joint Venture Development Services Expense426784
Depreciation and Other Amortization41,81939,772
Total Expenses101,04092,092
Other Income (Expense):  
Gain on Sale of Real Estate30,8520
Interest Expense(20,897)(16,119)
Amortization of Debt Issuance Costs(912)(904)
Total Other Income (Expense)9,043(17,023)
Income from Operations Before Equity in Income of Joint Venture and Income Tax Provision70,27540,308
Equity in Income of Joint Venture1,40227,634
Income Tax Provision(1,179)(7,167)
Net Income70,49860,775
Less: Net Income Attributable to the Noncontrolling Interests(223)(3,381)
Net Income Available to Common Stockholders / Unitholders and Participating Securities70,27557,394
Net Income Allocable to Participating Securities(130)(134)
Net Income Available to Common Stockholders / Unitholders$ 70,145$ 57,260
Basic and Diluted Earnings Per Share / Unit:  
Net Income Available to Common Stockholders / Unitholders - Basic$ 0.52$ 0.43
Net Income Available to Common Stockholders / Unitholders - Diluted$ 0.52$ 0.42
Weighted Average Shares/Units Outstanding - Basic135,068134,686
Weighted Average Shares/Units Outstanding - Diluted135,387135,231

FR Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investment in Real Estate:  
Land$ 1,752,507$ 1,756,971
Buildings and Improvements3,748,3603,711,718
Construction in Progress217,764245,391
Less: Accumulated Depreciation(1,025,594)(1,009,335)
Net Investment in Real Estate4,693,0374,704,745
Operating Lease Right-of-Use Assets24,09424,211
Cash and Cash Equivalents48,88443,844
Tenant Accounts Receivable12,46310,993
Investment in Joint Venture47,73544,663
Deferred Rent Receivable147,512144,033
Prepaid Expenses and Other Assets, Net226,656203,276
Total Assets5,200,3815,175,765
Indebtedness:  
Mortgage Loan Payable9,8969,978
Senior Unsecured Notes, Net994,644994,463
Unsecured Term Loans, Net921,266920,863
Unsecured Credit Facility306,000299,000
Accounts Payable, Accrued Expenses and Other Liabilities116,161143,429
Operating Lease Liabilities21,86521,992
Rents Received in Advance and Security Deposits106,586106,734
Dividends and Distributions Payable50,69544,201
Total Liabilities2,527,1132,540,660
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:  
Common Stock ($0.01 par value, 225,000,000 shares authorized and 132,341,354 and 132,289,039 shares issued and outstanding)1,3231,323
Additional Paid-in Capital2,414,3642,411,673
Retained Earnings147,104127,707
Accumulated Other Comprehensive Income32,37422,272
Total First Industrial Realty Trust, Inc.'s Equity2,595,1652,562,975
Noncontrolling Interests78,10372,130
Total Equity2,673,2682,635,105
Total Liabilities and Equity/Partners' Capital5,200,3815,175,765
First Industrial, L.P.  
Investment in Real Estate:  
Land1,752,5071,756,971
Buildings and Improvements3,748,3603,711,718
Construction in Progress217,764245,391
Less: Accumulated Depreciation(1,025,594)(1,009,335)
Net Investment in Real Estate4,693,0374,704,745
Operating Lease Right-of-Use Assets24,09424,211
Cash and Cash Equivalents48,88443,844
Tenant Accounts Receivable12,46310,993
Investment in Joint Venture47,73544,663
Deferred Rent Receivable147,512144,033
Prepaid Expenses and Other Assets, Net235,929212,559
Total Assets5,209,6545,185,048
Indebtedness:  
Mortgage Loan Payable9,8969,978
Senior Unsecured Notes, Net994,644994,463
Unsecured Term Loans, Net921,266920,863
Unsecured Credit Facility306,000299,000
Accounts Payable, Accrued Expenses and Other Liabilities116,161143,429
Operating Lease Liabilities21,86521,992
Rents Received in Advance and Security Deposits106,586106,734
Dividends and Distributions Payable50,69544,201
Total Liabilities2,527,1132,540,660
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:  
General Partner Units (132,341,354 and 132,289,039 units outstanding)2,524,1832,505,150
Limited Partners Units (3,637,284 and 3,378,165 units outstanding)117,585109,003
Accumulated Other Comprehensive Income33,26522,842
Total First Industrial L.P.'s Partners' Capital2,675,0332,636,995
Noncontrolling Interests7,5087,393
Total Partners' Capital2,682,5412,644,388
Total Liabilities and Equity/Partners' Capital$ 5,209,654$ 5,185,048
FR
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 69.4 million square feet of industrial space as of June 30, 2023.
 CEO
 WEBSITEfirstindustrial.com
 INDUSTRYREIT Mortgage
 EMPLOYEES157

First Industrial Realty Trust Inc Frequently Asked Questions


What is the ticker symbol for First Industrial Realty Trust Inc? What does FR stand for in stocks?

FR is the stock ticker symbol of First Industrial Realty Trust Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Industrial Realty Trust Inc (FR)?

As of Fri May 10 2024, market cap of First Industrial Realty Trust Inc is 6.32 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FR stock?

You can check FR's fair value in chart for subscribers.

What is the fair value of FR stock?

You can check FR's fair value in chart for subscribers. The fair value of First Industrial Realty Trust Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Industrial Realty Trust Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Industrial Realty Trust Inc a good stock to buy?

The fair value guage provides a quick view whether FR is over valued or under valued. Whether First Industrial Realty Trust Inc is cheap or expensive depends on the assumptions which impact First Industrial Realty Trust Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FR.

What is First Industrial Realty Trust Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 10 2024, FR's PE ratio (Price to Earnings) is 21.92 and Price to Sales (PS) ratio is 10.07. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Industrial Realty Trust Inc's stock?

In the past 10 years, First Industrial Realty Trust Inc has provided 0.123 (multiply by 100 for percentage) rate of return.