First Industrial Realty Trust (NYSE:FR – Get Free Report) will likely be issuing its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect First Industrial Realty Trust to post earnings of $0.4735 per share and revenue of $196.29 million for the quarter. First Industrial Realty Trust has set its FY 2026 guidance at 3.120-3.200 EPS. Investors can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.
First Industrial Realty Trust (NYSE:FR – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.22). The company had revenue of $194.94 million during the quarter, compared to the consensus estimate of $195.81 million. First Industrial Realty Trust had a return on equity of 12.99% and a net margin of 47.97%. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.76 EPS. On average, analysts expect First Industrial Realty Trust to post $3.17 EPS for the current fiscal year and $3.45 EPS for the next fiscal year.
First Industrial Realty Trust Stock Down 0.1%
FR stock opened at $58.69 on Monday. First Industrial Realty Trust has a 52 week low of $54.21 and a 52 week high of $69.88. The business has a 50-day simple moving average of $61.34 and a 200 day simple moving average of $62.35. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.89. The company has a market cap of $7.78 billion, a PE ratio of 21.42 and a beta of 1.03.
First Industrial Realty Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 19th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Wednesday, September 30th. First Industrial Realty Trust’s dividend payout ratio is presently 72.99%.
Analyst Upgrades and Downgrades
Several research firms have commented on FR. Scotiabank raised their target price on shares of First Industrial Realty Trust from $63.00 to $66.00 and gave the company a “sector perform” rating in a report on Wednesday, August 12th. Citigroup upped their price target on shares of First Industrial Realty Trust from $63.00 to $72.00 and gave the stock a “neutral” rating in a report on Tuesday, July 28th. Robert W. Baird increased their price target on shares of First Industrial Realty Trust from $71.00 to $74.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Truist Financial lifted their price objective on shares of First Industrial Realty Trust from $67.00 to $73.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $71.00 price objective on shares of First Industrial Realty Trust in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.43.
First Industrial Realty Trust Company Profile
First Industrial Realty Trust, Inc is a self-administered and self-managed real estate investment trust that owns, operates, acquires, develops and manages industrial properties in the United States. The company focuses primarily on warehouse, distribution, logistics and light industrial facilities that serve manufacturers, distributors, retailers and other businesses.
First Industrial’s portfolio is concentrated in major logistics and industrial markets, including locations near population centers, transportation infrastructure and key distribution hubs.
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