First Industrial Realty Trust To Host Fourth Quarter And Full Year 2025 Results Conference Call On February 5
First Industrial Realty Trust (FR) announced it will host a conference call on February 5 to discuss its fourth quarter and full-year 2025 financial results. Quantisnow alerted its Plus members about this press release shortly after publication, offering real-time market data and news for investors.
M&T Bank Corp Takes $1.13 Million Position in First Industrial Realty Trust, Inc. $FR
M&T Bank Corp has acquired a new stake of 19,803 shares, valued at approximately $1.13 million, in First Industrial Realty Trust Inc. during the fourth quarter. This move is part of a broader trend of significant institutional ownership in First Industrial Realty Trust, with other major investors like Invesco Ltd. and Citadel Advisors LLC also increasing their holdings. The real estate investment trust recently missed its quarterly earnings estimates but saw revenue growth and declared a $0.50 quarterly dividend.
UBS Group AG Sells 111,996 Shares of First Industrial Realty Trust, Inc. $FR
UBS Group AG reduced its stake in First Industrial Realty Trust, Inc. (NYSE:FR) by 16.5% in the fourth quarter, selling 111,996 shares. This leaves UBS with 567,798 shares valued at approximately $32.5 million. The company's recent earnings missed analyst expectations for EPS but slightly exceeded revenue forecasts, and it announced a quarterly dividend of $0.50 per share.
First Industrial Realty Trust declares $0.50 dividend
First Industrial Realty Trust (NYSE: FR) has announced a quarterly dividend of $0.50 per share. This dividend is payable on July 15, 2026, to shareholders of record as of June 30, 2026. The ex-dividend date for this payment is June 30, 2026.
Strs Ohio Buys 25,806 Shares of First Industrial Realty Trust, Inc. $FR
Strs Ohio increased its stake in First Industrial Realty Trust, Inc. (NYSE:FR) by 10.7% in Q4, acquiring an additional 25,806 shares to reach a total of 267,567 shares valued at $15.324 million. First Industrial reported Q4 EPS of $0.59, missing estimates, but revenue beat expectations, and the company announced FY2026 guidance and a quarterly dividend of $0.50 per share. Analysts generally hold a "Moderate Buy" rating with an average target price of $63.57 for the stock.
Horizon Investments LLC Acquires New Stake in First Industrial Realty Trust, Inc. $FR
Horizon Investments LLC has acquired a new stake of 68,279 shares in First Industrial Realty Trust (NYSE:FR) during Q4, valued at approximately $3.91 million. This new position represents about 0.05% ownership of the company. First Industrial Realty Trust reported Q4 EPS of $0.59, missing the consensus, with revenue increasing by 7.3%.
Stronger Q1 Earnings And 2026 Guidance Might Change The Case For Investing In First Industrial (FR)
First Industrial Realty Trust (FR) reported strong Q1 2026 earnings with higher sales and net income, along with full-year 2026 net income guidance of US$2.32 to US$2.42 per share. The company also declared a US$0.5000 quarterly dividend. While these results and the dividend support the investment narrative, investors are advised to consider that a significant portion of recent profit strength comes from a one-off US$160.0 million gain rather than ongoing performance.
First Industrial Adds Director After Activist Push What It Means For FR
First Industrial Realty Trust (NYSE: FR) has appointed Frank E. Schmitz as an independent director to its board, a move that follows an activist investor campaign focused on board composition and governance. This appointment comes at a time when the company has seen significant stock gains over the past one and five years. The addition of a new independent director is expected to influence evaluations of board oversight and capital allocation, especially given analysts' cautious outlook on future earnings and concerns raised by activist shareholders regarding development spending and buybacks.
Strong backing for First Industrial (NYSE: FR) board, pay and auditor
First Industrial Realty Trust, Inc. shareholders demonstrated strong support for the company's leadership and proposals at its 2026 Annual Meeting. All incumbent directors were re-elected with over 93% of votes, executive compensation received more than 95% advisory approval, and PricewaterhouseCoopers LLP was ratified as the independent auditor. Frank E. Schmitz will join the board as an independent director, expanding it to seven members.
First Industrial Realty Trust Comments on Land & Buildings' Withdrawal of Jonathan Litt as a Director Nominee
First Industrial Realty Trust announced that Land & Buildings has withdrawn Jonathan Litt as a director nominee. This news was delivered by Quantisnow, a platform providing real-time market data for retail investors. The article also lists recent analyst ratings and related insider transaction information for First Industrial Realty Trust Inc.
First Industrial Realty Trust, Inc. (NYSE:FR) Receives Average Recommendation of "Moderate Buy" from Brokerages
First Industrial Realty Trust, Inc. (NYSE:FR) has received a "Moderate Buy" consensus rating from thirteen analysts, with an average one-year target price of $63.57. The company reported Q4 earnings per share of $0.59, missing estimates, but revenue of $188.41 million exceeded expectations. First Industrial also declared a quarterly dividend of $0.50, representing an annualized yield of 3.2%.
First Industrial Realty Trust (NYSE:FR) - Stock Analysis
This report provides a comprehensive stock analysis of First Industrial Realty Trust (NYSE:FR), highlighting its current valuation, future growth prospects, past performance, financial health, and dividend reliability. The company is currently trading 10.9% below its estimated fair value, with earnings growing by 28.2% over the past year and offering a reliable 3.24% dividend. However, risks include a projected earnings decline, debt coverage issues, and large one-off financial impacts.
First Industrial Realty Trust declares $0.50 dividend
First Industrial Realty Trust (NYSE: FR) has declared a regular quarterly cash dividend of $0.50 per share of common stock. The dividend is payable on July 15, 2024, to stockholders of record as of June 28, 2024. This announcement was made during the company's annual meeting of stockholders.
Vanguard Group Inc. Has $1.11 Billion Stock Position in First Industrial Realty Trust, Inc. $FR
Vanguard Group Inc. recently reduced its stake in First Industrial Realty Trust, Inc. (NYSE:FR) by 0.3% in the fourth quarter but still holds a significant position of 19.4 million shares valued at $1.11 billion. The real estate investment trust missed Q4 EPS estimates despite a 7.3% rise in revenue and announced a quarterly dividend of $0.50 per share, yielding approximately 3.2%. Analysts currently rate the stock as a "Moderate Buy" with an average target price of $63.57.
First Industrial Realty Trust, Inc. $FR Stock Holdings Boosted by Artemis Investment Management LLP
Artemis Investment Management LLP increased its stake in First Industrial Realty Trust (NYSE:FR) by 8.8% in the fourth quarter, bringing its total ownership to 1,154,879 shares valued at $66.14 million. Several other institutional investors also increased their holdings in the real estate investment trust. Analyst sentiment is generally positive, with the company holding a "Moderate Buy" rating and an average price target of $63.57.
Director at First Industrial (NYSE: FR) receives 2,419 LP units award
First Industrial Realty Trust Inc. director Denise Olsen was awarded 2,419 LP Units under the company’s 2024 Stock Incentive Plan, increasing her direct holdings to 16,572 LP Units. These units, granted at no cash cost, can convert one-for-one into common units of limited partnership interest in First Industrial L.P., which then convert one-for-one into shares of the company’s Common Stock. The vesting of these LP Units is set for the earlier of the first anniversary of the grant date or the company's next annual stockholder meeting where directors are elected.
First Industrial Realty Trust (NYSE: FR) director granted 2,419 LP Units
Marcus L. Smith, a director at First Industrial Realty Trust (NYSE: FR), was granted 2,419 LP Units as an equity award under the company's 2024 Stock Incentive Plan. These LP Units are a form of non-cash compensation and will vest on the earlier of one year from the grant date or the next annual stockholder meeting where directors are elected. Following this grant, Smith now holds a total of 9,855 LP Units, which are convertible on a one-for-one basis into common units and then into shares of Common Stock.
[Form 4] FIRST INDUSTRIAL REALTY TRUST INC Insider Trading Activity
Matthew Dominski, a director at FIRST INDUSTRIAL REALTY TRUST INC, reported the acquisition of 2,419 restricted stock units (RSUs) through an equity grant. These RSUs, awarded at no cash cost under the company’s 2024 Stock Incentive Plan, increase his direct holdings to 39,387 shares. Each RSU represents one future share of common stock plus accrued dividends and vests on the earlier of the first anniversary of the grant date or the company’s next annual stockholder meeting.
First Industrial Realty Trust, Inc. (NYSE:FR) Plans Quarterly Dividend of $0.50
First Industrial Realty Trust, Inc. (NYSE:FR) has declared a quarterly dividend of $0.50 per share, payable on July 20th to shareholders of record by June 30th. This represents an annualized yield of about 3.2%. While the current dividend payout ratio is high at 117%, analysts anticipate future earnings per share will reduce the implied payout ratio to approximately 58.3%.
First Industrial Shareholders Re-elect Board Directors at 2026 Annual Meeting
First Industrial Realty Trust Inc. (NYSE: FR) announced that shareholders re-elected all incumbent directors with over 93% support at the 2026 annual meeting. Frank E. Schmitz will also join the board as an independent director, bringing the total to seven directors, six of whom are independent. The company stressed that this outcome reflects strong shareholder confidence in its long-term strategy and performance, following a multi-year transformation that strengthened its portfolio and balance sheet.
First Industrial Realty Trust declares $0.50 dividend
First Industrial Realty Trust (NYSE: FR) has declared a regular quarterly cash dividend of $0.50 per share of common stock. This dividend will be payable on July 10, 2024, to stockholders of record as of June 28, 2024.
First Industrial shareholders re-elect all directors By Investing.com
First Industrial Realty Trust, Inc. shareholders re-elected all six incumbent directors with over 93% support at their 2026 Annual Meeting. Frank E. Schmitz will join the board as an independent director on June 1, 2026, expanding it to seven members, six of whom are independent. The company, which operates 71.6 million square feet of industrial space, also announced strong Q1 2026 financial results, surpassing revenue and EPS expectations.
First Industrial Shareholders Re-elect All Company Directors
First Industrial Realty Trust, Inc. shareholders re-elected all company directors, with each receiving over 93% support at the 2026 Annual Meeting of Stockholders. Frank E. Schmitz will also join the Board as an independent director on June 1, 2026. Shareholders also approved all other proposals with over 95% of votes, affirming their support for the company's value-driven strategy and strong balance sheet, which has positioned it for continued growth.
First Industrial Declares Common Stock Dividends
First Industrial Realty Trust, Inc. announced that its board of directors declared a common stock dividend of $0.50 per share/unit for the quarter ending June 30, 2026. The dividend is payable on July 20, 2026, to stockholders of record on June 30, 2026. The company is a leading U.S.-only owner, operator, developer, and acquirer of logistics properties, with approximately 71.6 million square feet of industrial space.
Vanguard Capital Management boosts stake in First Industrial Realty Trust (FR) to 5.30%
Vanguard Capital Management reported an increased stake in First Industrial Realty Trust (FR), owning 5.30% of common stock, totaling 7,026,150 shares as of March 31, 2026. This Schedule 13G filing indicates Vanguard has sole dispositive power over all these shares and sole voting power over 1,096,868 shares, reflecting holdings across various Vanguard business units and funds. The filing, which triggers public disclosure requirements due to ownership exceeding 5%, does not disclose any intentions to buy or sell additional shares.
Vanguard reports 12.63M First Industrial shares (NYSE: FR)
Vanguard Portfolio Management has reported a beneficial ownership of 12,633,314 shares of First Industrial Realty Trust Inc. (NYSE: FR), representing 9.53% of the class as of March 31, 2026. This disclosure was made in a Schedule 13G filing, indicating Vanguard holds sole dispositive power over all these shares and sole voting power for 15,484 shares, managed across various Vanguard funds and accounts.
M&T Bank Corp Makes New Investment in First Industrial Realty Trust, Inc. $FR
M&T Bank Corp has established a new position in First Industrial Realty Trust (NYSE:FR), acquiring 40,927 shares valued at approximately $2.34 million in Q4. Institutional investors now own nearly 99.85% of the stock. Despite missing Q4 EPS estimates, First Industrial posted strong revenue, raised its quarterly dividend to $0.50, and received a "Moderate Buy" rating from analysts with an average target price of $63.57.
Baird Maintains First Industrial Realty Trust Inc(FR.US) With Buy Rating, Raises Target Price to $68
Baird has maintained its Buy rating on First Industrial Realty Trust Inc (FR.US) and increased its target price for the company's stock to $68. This indicates a positive outlook from the analyst firm regarding the real estate investment trust's future performance.
FR Maintained by Baird -- Price Target Raised to $68.00
Baird has maintained an "Outperform" rating for First Industrial Realty Trust Inc (FR), raising its price target to $68.00. While the stock's GF Score™ of 88/100 indicates strong overall performance, GuruFocus assesses FR as slightly overvalued at its current price. Investors are advised to consider the slight overvaluation despite the positive analyst outlook, as there has been stable insider sentiment with no recent buying or selling activity.
Robert W. Baird Issues Positive Forecast for First Industrial Realty Trust (NYSE:FR) Stock Price
Robert W. Baird has increased its price target for First Industrial Realty Trust (NYSE:FR) from $67 to $68, maintaining an "outperform" rating and implying a 9.66% upside. Despite the company missing quarterly EPS expectations, revenue rose by 7.3% year-over-year, and analysts anticipate full-year 2026 EPS of $3.17. The stock currently holds a "Moderate Buy" consensus rating among analysts and has attracted increased institutional investment in Q1.
Land & Buildings to vote against two First Industrial board members
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Land & Buildings to vote against two First Industrial board members
Land & Buildings Investment Management announced its intention to vote against two of First Industrial Realty Trust's board members, specifically targeting Betsy Cohen and William Sullivan. The investment firm is advocating for changes in executive compensation practices and governance at the real estate company.
First Industrial Realty (NYSE: FR) posts Q1 2026 profit jump and raises dividend
First Industrial Realty Trust (NYSE: FR) reported a significant profit increase in Q1 2026, with net income surging to $147.9 million from $52.9 million year-over-year, largely due to a $109.0 million gain from the reclassification of a Phoenix ground lease. The company also demonstrated strong operational performance with a 10.0% rise in total revenues, a 31.7% average increase in cash rental rates for new and renewal leases, and a quarter-end occupancy of 94.3%. Alongside these results, First Industrial raised its quarterly dividend by 12.4% to $0.50 per share and authorized a $250 million share repurchase program.
First Industrial Realty Trust, Inc. (NYSE:FR) Q1 2026 Earnings Call Transcript
First Industrial Realty Trust, Inc. reported its Q1 2026 earnings, discussing an excellent start to the year with significant development leasing wins and a key renewal in Southern California. The company highlighted a pending $131 million land sale in Phoenix and maintained its full-year NAREIT FFO guidance despite strong leasing activity, due to offsetting factors like dilution from the land sale and adjustments to leasing assumptions. Management also addressed the increasing demand for industrial space, including a rising interest from businesses related to data centers and manufacturing, and discussed their capital allocation strategy.
First Industrial lifts dividend after 32% cash rent gain in Q1
First Industrial Realty Trust reported strong Q1 2026 results, including diluted EPS of $1.08 and an 8.7% increase in cash same-store net operating income. The company saw a significant 32% rise in cash rental rates on new and renewal leases, leading its board to boost the quarterly dividend by 12.4% to $0.50 per share.
First Industrial Realty Trust: Q1 saw strong leasing, 41% rent growth, and a $131M land sale; 2026 FFO guidance unchanged
First Industrial Realty Trust reported a strong Q1 performance, highlighted by robust leasing activity, a 41% increase in cash rental rates, and a significant $131 million land sale in Phoenix. Despite these positive results, the company's 2026 FFO guidance remains unchanged, indicating a continued focus on development and strategic acquisitions. This summary is based on the company's Q1 2026 audio transcript from April 23, 2026.
Earnings call transcript: First Industrial Realty Trust Q1 2026 beats forecasts
First Industrial Realty Trust (FR) reported strong Q1 2026 results, with EPS of $1.08 significantly surpassing forecasts and revenue exceeding expectations by 7.56%. The company also achieved robust same-store NOI growth of 8.7% and successfully resolved major tenant credit issues. Following the announcement, the stock rose in premarket trading, reflecting positive investor sentiment and highlighting the company's effective management and market positioning.
First Industrial Realty Q1 2026 Earnings Call Transcript
First Industrial Realty (NYSE: FR) reported Q1 2026 NAREIT FFO of $0.68 per share, matching the previous year, and adjusted FFO of $0.72 per share, excluding advisory costs. The company achieved significant leasing, including a Southern California renewal with over 40% rental rate change, and expects a $131 million land sale in Phoenix. First Industrial Realty maintained its 2026 FFO guidance of $3.05 to $3.15 per share, with an adjusted range of $3.09 to $3.19 per share, and projected stable occupancy and robust cash same-store NOI growth.
Earnings call transcript: First Industrial Realty Trust Q1 2026 beats forecasts
First Industrial Realty Trust (FR) reported Q1 2026 earnings that significantly exceeded forecasts, with an EPS of $1.08 against an anticipated $0.33, and revenue of $194.83 million surpassing expectations. The company highlighted strong operational performance, 8.7% cash same-store NOI growth, and successful resolution of tenant credit issues. Despite a slight stock increase post-announcement, InvestingPro analysis suggests the stock might be overvalued, though the company offers a consistent dividend and updated a higher FFO guidance for 2026.
First Industrial Realty Trust: Q1 Earnings Snapshot
First Industrial Realty Trust Inc. (FR) announced its first-quarter earnings, reporting funds from operations of $92.5 million, or 68 cents per share. The real estate investment trust also posted a net income of $143 million, or $1.08 per share, on revenues of $194.8 million. The company projects full-year funds from operations to be between $3.09 and $3.19 per share.
First Industrial Realty Trust: Q1 2026 delivered robust NOI and EPS growth, with higher rental rates and strong 2026 guidance
First Industrial Realty Trust reported robust Q1 2026 results, including 8.7% same-store NOI growth, a 32% increase in cash rental rates, and a tripling of EPS year-over-year. The company provided 2026 FFO guidance of $3.09–$3.19 per share and announced a $250 million share repurchase program.
First Industrial Realty Trust (NYSE:FR) Issues Earnings Results, Beats Estimates By $0.79 EPS
First Industrial Realty Trust (NYSE:FR) reported strong Q1 earnings, beating analyst estimates with an EPS of $1.12 against an expected $0.33, and achieved revenues of $194.83 million. The company also raised its quarterly dividend to $0.50, representing an annualized payout of $2.00, and updated its FY 2026 EPS guidance to $3.090-$3.190. Despite a payout ratio exceeding 100%, analysts maintain a "Moderate Buy" rating, with institutional investors holding a significant portion of the company's stock.
First Industrial Realty Trust: Q1 Earnings Snapshot
First Industrial Realty Trust Inc. (FR) announced its first-quarter earnings, reporting funds from operations (FFO) of $92.5 million, or 68 cents per share. The real estate investment trust also posted a net income of $143 million, or $1.08 per share, with total revenue reaching $194.8 million. The company projects its full-year FFO to be between $3.09 and $3.19 per share.
First Industrial earnings on deck amid sector strength
First Industrial Realty Trust Inc. is preparing to report its first-quarter results, with analysts anticipating earnings of $0.33 per share. Investors will be closely monitoring leasing activity, occupancy trends, and same-store net operating income growth, especially given the strength of the U.S. industrial market and the company's recent dividend increase. The market will also scrutinize management's commentary on full-year guidance for 2026.
First Industrial Realty Trust, Inc. $FR Stake Trimmed by OVERSEA CHINESE BANKING Corp Ltd
OVERSEA CHINESE BANKING Corp Ltd has reduced its stake in First Industrial Realty Trust (NYSE:FR) by 34.3% in the fourth quarter, now holding 75,854 shares valued at approximately $4.34 million. This reduction comes as First Industrial reported Q4 EPS of $0.59, missing estimates, though revenue increased by 7.3%. The company also raised its quarterly dividend to $0.50, resulting in a high payout ratio of 107.53%.
First Industrial Realty stock (US32054K1034): Why Google Discover changes matter more now for indust
Google's 2026 Discover Core Update is fundamentally reshaping how retail investors receive financial information on companies like First Industrial Realty (NYSE:FR), delivering personalized insights directly to mobile feeds. The update separates Discover from traditional search, leveraging user activity to provide tailored content on industrial REIT trends, e-commerce demand, and logistics news. This change offers investors a proactive edge by surfacing relevant data, such as portfolio occupancy and rent growth, without needing to search, ultimately empowering faster, more informed decisions on the go.
First Industrial Realty Trust stock hits 52-week high at $64.07
First Industrial Realty Trust (FR) stock reached a 52-week high of $64.07, demonstrating robust market performance. InvestingPro highlights that FR has consistently increased its dividend for 13 years, now yielding 3.14%, and maintains a "GREAT" Financial Health score. Recent news includes the ratification of its 2026 Employee Bonus Plan, a $250 million stock buyback, and an increased price target from RBC Capital to $66.
First Industrial Realty stock (US32054K1034): Why mobile-first delivery suddenly matters more for in
Google's 2026 Discover Core Update is fundamentally changing how investors receive information about First Industrial Realty (NYSE:FR) stock by prioritizing personalized, mobile-first content delivery. This means investors will get real-time updates on industrial leasing, e-commerce demand, and portfolio expansion directly in their Google Discover feed without actively searching. The update helps investors stay ahead in a competitive market by providing immediate access to critical data and analysis, thus empowering more informed decision-making.
First Industrial Realty Trust Experiences Revision in Stock Evaluation Amid Market Dynamics
First Industrial Realty Trust, Inc. has seen a revision in its stock evaluation due to changing market conditions. The stock, currently priced at $62.40, has outperformed the S&P 500 year-to-date and registered a 33.19% return over the past year. Technical indicators for the small-cap realty player show mixed trends with a mildly bearish weekly MACD but bullish monthly momentum and daily moving averages.
Is Land & Buildings’ Escalation at First Industrial (FR) A Turning Point for Its Capital Allocation Story?
Activist investor Land & Buildings has escalated its campaign against First Industrial Realty Trust, urging shareholders to vote against two directors and demanding asset sales, share buybacks, and a review of strategic alternatives. Land & Buildings argues that the company's recent moves only followed public pressure and that governance reforms are crucial to address a persistent valuation discount. This pressure could significantly reshape First Industrial's capital allocation and investment narrative, although the core operating story remains largely unchanged unless major asset sales or a change in control occur.
