First Industrial Realty Trust Inc. (FR)
NYSE NYSE Primary 
XFRA 
Wolfe Research upgrades First Industrial Realty Trust: Can it reach $64?
On August 13, 2024, Wolfe Research upgraded First Industrial Realty Trust (FR) from Peer Perform to Outperform, setting a year-end 2025 price target of $64. This upgrade suggests a potential 19% upside from its current trading price of around $53.89.
Why First Industrial Realty Trust (FR) is a Great Dividend Stock Right Now
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?
3 Top Earnings Growth Stocks to Buy for August: GL, WT, FR
Invest in stocks such as Globe Life (GL), WisdomTree, Inc. (WT) and First Industrial Realty Trust (FR) as of now for superb earnings growth.
First Industrial Realty Trust Sets The Ground For The Upcoming Upside
First Industrial Realty released strong Q2 2024 results, delivering solid FFO per share growth. FR showcased robust investment & deal activity during the recent quarter, setting the ground for the upcoming upside. The Company is likely to benefit greatly from the upcoming shift in market conditions.
First Industrial Realty Trust, Inc. (FR) Q2 2024 Earnings Call Transcript
First Industrial Realty Trust, Inc. (NYSE:FR ) Q2 2024 Earnings Conference Call July 18, 2024 11:00 AM ET Company Participants Art Harmon - SVP of IR and Marketing Peter Baccile - President and CEO Scott Musil - CFO Jojo Yap - CIO Peter Schultz - EVP Chris Schneider - EVP, Operations Bob Walter - EVP, Capital Markets and Asset Management Conference Call Participants Rob Stevenson - Janney Craig Mailman - Citi Ki Bin Kim - Truist Nick Thillman - Baird Rich Anderson - Wedbush Caitlin Burrows - Goldman Sachs Blaine Heck - Wells Fargo Vikram Malhotra - Mizuho Todd Thomas - KeyBanc Capital Markets Jessica Zheng - Green Street Michael Mueller - JPMorgan Greg McGinniss - Scotiabank Brendan Lynch - Barclays Operator Good day, and welcome to the Industrial Realty Trust, Inc. Second Quarter Results Call. All participants will be in listen-only mode.
First Industrial Realty Trust (FR) Q2 FFO and Revenues Beat Estimates
First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.66 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to FFO of $0.61 per share a year ago.
Why First Industrial Realty Trust (FR) is a Top Dividend Stock for Your Portfolio
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: Recent Volatility Makes Them More Attractive Compared To Peers
First Industrial is a quality REIT with a long operating history, focusing on logistics properties in supply-constrained markets. Despite missing Q1 FFO estimates, they expect to FFO and revenue growth of 7.4% and 3.2% respectively in their upcoming Q2. The recent dip in share price presents a buying opportunity, with a price target of $59 and potential for 23% upside.
First Industrial Looks Buyable As Market Conditions Improve
Industrial REITs face challenges due to high supply and low demand, leading to increased vacancy rates and disparity between buyers' and sellers' expectations. However, the market conditions will shift due to significantly decreased new construction starts. FR is well-positioned to benefit from the improvement in market conditions, with no debt maturities until 2026, vast land bank, and solid business metrics.
