Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
FR logo FR
Upturn stock ratingUpturn stock rating
FR logo

First Industrial Realty Trust Inc (FR)

Upturn stock ratingUpturn stock rating
$53.91
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: FR (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -11.93%
Avg. Invested days 41
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 7.35B USD
Price to earnings Ratio 24.91
1Y Target Price 59.69
Price to earnings Ratio 24.91
1Y Target Price 59.69
Volume (30-day avg) 1176522
Beta 1.09
52 Weeks Range 43.76 - 57.68
Updated Date 04/2/2025
52 Weeks Range 43.76 - 57.68
Updated Date 04/2/2025
Dividends yield (FY) 3.30%
Basic EPS (TTM) 2.17

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 42.78%
Operating Margin (TTM) 41.67%

Management Effectiveness

Return on Assets (TTM) 3.29%
Return on Equity (TTM) 11%

Valuation

Trailing PE 24.91
Forward PE 36.76
Enterprise Value 9319717274
Price to Sales(TTM) 10.94
Enterprise Value 9319717274
Price to Sales(TTM) 10.94
Enterprise Value to Revenue 13.92
Enterprise Value to EBITDA 16.73
Shares Outstanding 132393000
Shares Floating 131530012
Shares Outstanding 132393000
Shares Floating 131530012
Percent Insiders 0.5
Percent Institutions 98.83

Analyst Ratings

Rating 3.82
Target Price 57.56
Buy 3
Strong Buy 6
Buy 3
Strong Buy 6
Hold 7
Sell 1
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

First Industrial Realty Trust Inc

stock logo

Company Overview

overview logo History and Background

First Industrial Realty Trust, Inc. was founded in 1993 and went public in 1994. It focuses on owning, managing, acquiring, selling, and developing industrial properties. Over time, it has grown into a leading owner and operator of industrial real estate.

business area logo Core Business Areas

  • Ownership and Management: Owning, managing, and operating a diverse portfolio of industrial properties.
  • Acquisitions: Acquiring existing industrial properties to expand its portfolio.
  • Development: Developing new industrial properties to meet market demand.
  • Property Leasing: Leasing of property to industrial, manufacturing, and distribution tenants

leadership logo Leadership and Structure

The leadership team consists of experienced real estate professionals. The organizational structure is hierarchical, with departments focusing on acquisitions, leasing, development, and property management.

Top Products and Market Share

overview logo Key Offerings

  • Industrial Properties: First Industrial Realty Trust owns, manages, and develops industrial properties, including warehouses, distribution centers, light manufacturing facilities, and other industrial real estate. Market share varies by region, but they are a significant player in major industrial markets. Competitors include Prologis, Duke Realty (now Prologis), and Rexford Industrial Realty.

Market Dynamics

industry overview logo Industry Overview

The industrial real estate market is driven by e-commerce growth, supply chain modernization, and increasing demand for logistics space. Demand remains strong in key distribution hubs across the US.

Positioning

First Industrial Realty Trust is a well-established player with a focus on strategic locations and high-quality properties. Its competitive advantage lies in its scale, expertise, and strong relationships with tenants.

Total Addressable Market (TAM)

The TAM for industrial real estate is estimated to be in the trillions of dollars. First Industrial is well-positioned to capitalize on the demand within major distribution markets.

Upturn SWOT Analysis

Strengths

  • Diversified portfolio
  • Strong financial position
  • Experienced management team
  • Strategic locations

Weaknesses

  • Exposure to economic cycles
  • Dependence on tenant demand
  • High capital expenditures
  • Interest Rate Risk

Opportunities

  • E-commerce growth
  • Supply chain optimization
  • Expansion into new markets
  • Development of specialized facilities

Threats

  • Economic downturn
  • Increased competition
  • Rising interest rates
  • Oversupply of industrial space

Competitors and Market Share

competitor logo Key Competitors

  • PLD
  • REX
  • FR
  • EGP

Competitive Landscape

First Industrial competes with other REITs for tenants and acquisitions. Its advantages include its portfolio quality and strategic locations. Disadvantages may include its size relative to larger competitors.

Major Acquisitions

Continental Rail Gateway

  • Year: 2023
  • Acquisition Price (USD millions): 75.9
  • Strategic Rationale: Expand portfolio in growing market

Growth Trajectory and Initiatives

Historical Growth: First Industrial's growth has been driven by acquisitions, development, and organic leasing. Past growth should be quantified using financial data.

Future Projections: Future growth projections depend on market conditions and company strategy. Analyst estimates should be reviewed.

Recent Initiatives: Recent strategic initiatives may include acquisitions, developments, or partnerships to expand its portfolio and market presence.

Summary

First Industrial Realty Trust is a major player in the industrial real estate market with a diversified portfolio and experienced management. Strong demand for industrial space driven by e-commerce supports its growth. However, it faces threats from economic cycles and rising interest rates. Management focuses on the geographic expansion and developing new product offering.

Similar Companies

PLDratingrating

Prologis Inc

$110.26
Large-Cap Stock
0%
PASS

PLDratingrating

Prologis Inc

$110.26
Large-Cap Stock
0%
PASS

REXratingrating

REX American Resources Corporation

$38.42
Small-Cap Stock
0%
PASS

REXratingrating

REX American Resources Corporation

$38.42
Small-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q)
  • Investor Presentations
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions can change rapidly, and past performance is not indicative of future results. Market share data approximate

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About First Industrial Realty Trust Inc

Exchange NYSE
Headquaters Chicago, IL, United States
IPO Launch date 1994-06-23
President, CEO & Director Mr. Peter E. Baccile
Sector Real Estate
Industry REIT - Industrial
Full time employees 151
Full time employees 151

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 69.0 million square feet of industrial space as of September 30, 2024.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​