First Industrial Realty Trust (NYSE:FR) Updates FY 2025 Earnings Guidance

First Industrial Realty Trust (NYSE:FR) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.870-2.970 for the period, compared to the consensus earnings per share estimate of 2.870. The company issued revenue guidance of -.

First Industrial Realty Trust Stock Down 1.0 %

FR stock traded down $0.55 during trading hours on Friday, hitting $54.60. The company’s stock had a trading volume of 212,686 shares, compared to its average volume of 1,083,435. The stock has a 50 day moving average price of $51.58 and a two-hundred day moving average price of $53.50. First Industrial Realty Trust has a 12 month low of $45.10 and a 12 month high of $57.35. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $7.23 billion, a PE ratio of 23.46 and a beta of 1.09.

First Industrial Realty Trust (NYSE:FR) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.36. First Industrial Realty Trust had a net margin of 47.34% and a return on equity of 11.53%. On average, equities research analysts expect that First Industrial Realty Trust will post 2.64 earnings per share for the current year.

First Industrial Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 21st. Shareholders of record on Monday, March 31st will be given a dividend of $0.445 per share. The ex-dividend date is Monday, March 31st. This is an increase from First Industrial Realty Trust’s previous quarterly dividend of $0.37. This represents a $1.78 dividend on an annualized basis and a yield of 3.26%. First Industrial Realty Trust’s dividend payout ratio is presently 63.52%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft started coverage on First Industrial Realty Trust in a research report on Tuesday, January 14th. They issued a “hold” rating and a $52.00 price objective for the company. Barclays decreased their target price on First Industrial Realty Trust from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Monday, November 18th. Finally, KeyCorp upgraded shares of First Industrial Realty Trust from an “underweight” rating to a “sector weight” rating in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, First Industrial Realty Trust presently has an average rating of “Hold” and an average target price of $57.38.

First Industrial Realty Trust Company Profile

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.