First Industrial Realty Trust (FR) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?
First Industrial Realty Trust (FR) Moves 7.6% Higher: Will This Strength Last?
First Industrial Realty Trust (FR) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO per share estimate revisions for the stock suggests that there could be more strength down the road.
After Plunging -17.4% in 4 Weeks, Here's Why the Trend Might Reverse for First Industrial Realty Trust (FR)
The heavy selling pressure might have exhausted for First Industrial Realty Trust (FR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
First Industrial Realty Trust: One Of The Best Industrial REITs
First Industrial Realty Trust, Inc. remains a top-tier industrial REIT with strong rent growth and a strategic focus on 15 key U.S. markets. Despite a drop in occupancy rates, FR's ability to capitalize on market rent growth and short lease terms supports its dynamic rent increases. The industrial property market faces oversupply challenges, but decreasing net completions and construction starts hint at a potential turnaround.
First Industrial: The Dividend Growth Giant That Doesn't Get Enough Attention
First Industrial Realty Trust stands out among REITs, offering a well-supported dividend and consistent earnings increases over time. FR's portfolio focuses on industrial and commercial properties, ensuring stability and resilience, with a 96.2% occupancy rate and high-profile tenants like Amazon. Despite trading at a premium, FR's financial strength and consistent earnings growth justify its valuation, with a potential 10% price increase in the next year.
First Industrial Realty Trust to Present at Citi's 2025 Global Property CEO Conference
CHICAGO, Feb. 28, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that it will present at Citi's 2025 Global Property CEO Conference. The presentation is scheduled for Tuesday, March 4, 2025 at 11:40 a.m. EST (10:40 a.m. CST). aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); A live webcast of the presentation will be available at www.firstindustrial.com under the Investors tab. A replay of the webcast will also be available through May 31, 2025. Presentation materials for the conference will also be available in the Investors section of the company website on Monday, March 3, 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. 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. Our portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets. In total, we own and have under development approximately 69.5 million square feet of industrial space as of December 31, 2024. For more information, please visit us at www.firstindustrial.com.Forward-Looking StatementsThis press release and the presentation to which it refers may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934 ("Exchange Act"). We intend for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on certain assumptions and describe our future plans, strategies and expectations, and are generally identifiable by use of the words "believe," "expect," "plan," "intend," "anticipate," "estimate," "project," "seek," "target," "potential," "focus," "may," "will," "should" or similar words. Although we believe the expectations reflected in forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ. Factors that could have a materially adverse effect on our operations and future prospects include, but are not limited to: changes in national, international, regional and local economic conditions generally and real estate markets specifically; changes in legislation/regulation (including changes to laws governing the taxation of real estate investment trusts) and actions of regulatory authorities; our ability to qualify and maintain our status as a real estate investment trust; the availability and attractiveness of financing (including both public and private capital) and changes in interest rates; the availability and attractiveness of terms of additional debt repurchases; our ability to retain our credit agency ratings; our ability to comply with applicable financial covenants; our competitive environment; changes in supply, demand and valuation of industrial properties and land in our current and potential market areas; our ability to identify, acquire, develop and/or manage properties on favorable terms; our ability to dispose of properties on favorable terms; our ability to manage the integration of properties we acquire; potential liability relating to environmental matters; defaults on or non-renewal of leases by our tenants; decreased rental rates or increased vacancy rates; higher-than-expected real estate construction costs and delays in development or lease-up schedules; the uncertainty and economic impact of pandemics, epidemics or other public health emergencies or fear of such events; risks associated with security breaches through cyberattacks, cyber intrusions or otherwise, as well as other significant disruptions of our information technology networks and related systems; potential natural disasters and other potentially catastrophic events such as acts of war and/or terrorism; technological developments, particularly those affecting supply chains and logistics; litigation, including costs associated with prosecuting or defending claims and any adverse outcomes; risks associated with our investments in joint ventures, including our lack of sole decision-making authority; and other risks and uncertainties described under the heading "Risk Factors" and elsewhere in our annual report on Form 10-K for the year ended December 31, 2024, as well as those risks and uncertainties discussed from time to time in our other Exchange Act reports and in our other public filings with the Securities and Exchange Commission (the "SEC"). We caution you not to place undue reliance on forward-looking statements, which reflect our outlook only and speak only as of the date of this press release or the dates indicated in the statements. We assume no obligation to update or supplement forward-looking statements. For further information on these and other factors that could impact us and the statements contained herein, reference should be made to our filings with the SEC. View original content to download multimedia:Click Here SOURCE First Industrial Realty Trust, Inc.
Should You Buy First Industrial Realty Trust (FR) After Golden Cross?
From a technical perspective, First Industrial Realty Trust, Inc. (FR) is looking like an interesting pick, as it just reached a key level of support. FR's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
First Industrial: 20% Dividend Raise And Rosy Outlook Make It A Buy
First Industrial has strong growth, driven by high demand for its well-located industrial properties and robust leasing activity. FR's solid fundamentals include an 8.6% YoY FFO per share growth, 96.2% occupancy, and impressive lease spreads. Management projects continued strong growth in rental rates and FFO/share, and has an active development pipeline in supply constrained markets.
First Industrial Realty Trust, Inc. (FR) Q4 2024 Earnings Call Transcript
First Industrial Realty Trust, Inc. (FR) Q4 2024 Earnings Call Transcript
First Industrial Realty Trust (FR) Q4 FFO and Revenues Top Estimates
First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.71 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to FFO of $0.63 per share a year ago.
Up To 10% Yield: 3 REITs To Buy Before They Hike Their Dividend
REITs are so cheap that some offer up to 10% dividend yields. That's despite growing steadily. I highlight 3 REITs to buy before their next dividend hike.
All You Need to Know About First Industrial Realty Trust (FR) Rating Upgrade to Buy
First Industrial Realty Trust (FR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
