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FR

First Industrial Realty Trust, Inc.

FR

NYSE·Real Estate·REIT - Industrial·Mkt cap $8.2B

$61.85

+0.23%

P/E

56.74

Mkt Cap

$8.2B

52-Wk Range

$50.24–$69.88

52-Week Range

$50.24 - $69.88

P/E

56.74

Fwd P/E

24.71

Beta

1.06

Div Yield

3.06%

Avg Vol

1.0M

Shares Out

132.6M

Mkt Cap

$8.2B

Price action

Price chart

Up 18.6% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Extensive portfolio of 64.1 million square feet across strategic U.S. markets
  • Local market expertise with dedicated teams in key distribution corridors
  • Integrated business model enabling full property lifecycle management
  • Strong relationships with multinational and regional corporate tenants

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Accelerating e-commerce demand driving industrial real estate expansion

Value

Fairly valued vs Industrial REITs peers

Momentum

Stable

+0.1% over 3m

Quality

Strong

Strong fundamentals

Dividend

Solid

3.06% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 21, 2026

Q3 26 RECAP

JUL 22, 2026

Reported EPS of $0.58 vs $0.44 consensus (+31.0% surprise). Revenue of $194.9M vs $195.8M expected (-0.5%).

EPS beat +31.0%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+31.0%

Revenue trend · last 8Q

+9%

+8%

+7%

+10%

+8%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$168.2M

$175.3M

$177.2M

$179.8M

$181.4M

$188.4M

$194.8M

$194.9M

Margins · last 8Q

Gross

Operating

96.6%

Profit

46.2%

Wall Street consensus

7 analysts · 43% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

43%

Hold

4

57%

Sell

0%

Median Price Target

Latest: Scotiabank · Aug 12, 2026

vs Industry

How FR stacks vs REIT - Industrial

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.