Inside the research

First Industrial Realty Trust, Inc.

FR Research profile · latest available data

Price overview

$61.17

▼ -0.19 (-0.3%)

52w hi$68.86
52w lo$49.05
Vol723.50K
As of25 Sep 2026

The Verdict

Hold

Our score -0.07

Short+0.08
Medium-0.15
Long-0.20

computed 2026-09-27

Key fundamentals

First Industrial Realty Trust, Inc.

Real Estate · REIT - Industrial

Market cap$8.38B
Enterprise value$10.74B
Trailing P/E22.24x
Forward P/E32.45x
EV / EBITDA20.64x
P / S (ttm)11.02x
Profit margin47.9%
Return on equity13.6%
Revenue growth+8.4%
Earnings growth+39.3%
Debt / equity90.05

Layer Breakdown

LayerRawContribution
Fundamental+0.19
Sector-0.04
Technical-0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

First Industrial Realty Trust, Inc. 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. In total, we own and have under development approximately 72.1 million square feet of industrial space concentrated in 15 target MSAs as of June 30, 2026. First Industrial Realty Trust, Inc. was established on August 10, 1993 and is based in Chicago, United States.

United States · www.firstindustrial.com

Risk Metrics

Beta vs SPX0.69
Corr SPX0.50
Annual vol22.1%
Annual ret+7.3%
Sharpe0.33
Max DD-25.7%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$66.93
High / Low$74.00 / $63.00
Median$67.00
Analysts15
Strong Buy3
Buy6
Hold7
Sell0
Strong Sell0

Recent rating actions

2026-04-28Baird→ Outperform
2026-03-02Scotiabank→ Sector Perform
2026-02-18Truist Securities→ Buy
2026-02-11Citigroup→ Neutral
2026-02-10RBC Capital→ Outperform
2026-02-06Cantor Fitzgerald→ Neutral

Material Events

DateEvent8-K
2026-07-22Earnings Release, Exhibitsread
2026-04-30Shareholder Vote, Reg FD Disclosure…read
2026-04-22Earnings Release, Exhibitsread
2026-03-27Officer / Director Changeread
2026-03-17Officer / Director Change, Reg FD Disclosure…read
2026-02-04Earnings Release, Exhibitsread
2026-01-23Material Agreement, Material Obligation…read
2025-10-15Earnings Release, Exhibitsread
2025-08-21Material Agreement, Exhibitsread
2025-07-16Earnings Release, Exhibitsread
2025-05-14Material Agreement, Material Obligation…read
2025-05-01Shareholder Vote, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-07-27MUSIL SCOTT AChief Financial OfficerJ2.17K—
2026-04-30DOMINSKI MATTHEWGrant2.42K—
2026-02-19Schultz PeterEVP - East RegionGift100—

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders0
Top-5 share0.0%
HHI0 (—)

Dividends

Yield (TTM)2.27%
$ / share (TTM)$1.39
5y CAGR+12.2%

Annual dividend per share

2021$1.08
2022$1.18
2023$1.28
2024$1.48
2025$1.78
2026$0.50

SEC Filings

DateFormDoc
2026-07-274view
2026-07-2310-Qview
2026-07-228-Kview
2026-06-024view
2026-06-023view
2026-05-014view
2026-05-014view
2026-05-014view
2026-05-014view
2026-05-014view
2026-04-308-Kview
2026-04-2410-Qview
2026-04-228-Kview
2026-04-13DEFA14Aview
2026-03-31DEFA14Aview

The Long Run

FY 2012–2025 · 14 years

LineLatestCAGRTrend
Revenue$614.03M+29.8%
Net income$287.55M+75.2%
Cash from ops$304.81M+10.5%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$61.10$61.46$60.98$61.17723.50K
Sep 24$60.39$61.69$60.39$61.361.54M
Sep 23$61.44$61.97$60.96$61.071.20M
Sep 22$62.26$62.29$61.66$61.89826.90K
Sep 21$61.43$62.30$61.43$62.00947.10K

Understand the score. Research layers are inputs to a model, and the available data has limits.

Read the methodology →