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First Industrial Realty Trust Inc (FR)

Upturn stock ratingUpturn stock rating
$48.52
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

08/14/2025: FR (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

18 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $55.93

1 Year Target Price $55.93

Analysts Price Target For last 52 week
$55.93 Target price
52w Low $39.94
Current$48.52
52w High $57.16

Analysis of Past Performance

Type Stock
Historic Profit 2.36%
Avg. Invested days 43
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 08/14/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.62B USD
Price to earnings Ratio 23.67
1Y Target Price 55.93
Price to earnings Ratio 23.67
1Y Target Price 55.93
Volume (30-day avg) 18
Beta 1.05
52 Weeks Range 39.94 - 57.16
Updated Date 08/14/2025
52 Weeks Range 39.94 - 57.16
Updated Date 08/14/2025
Dividends yield (FY) 3.33%
Basic EPS (TTM) 2.05

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 38.7%
Operating Margin (TTM) 43.72%

Management Effectiveness

Return on Assets (TTM) 3.41%
Return on Equity (TTM) 10.43%

Valuation

Trailing PE 23.67
Forward PE 36.76
Enterprise Value 8865649100
Price to Sales(TTM) 9.45
Enterprise Value 8865649100
Price to Sales(TTM) 9.45
Enterprise Value to Revenue 12.66
Enterprise Value to EBITDA 15.94
Shares Outstanding 132405000
Shares Floating 131564228
Shares Outstanding 132405000
Shares Floating 131564228
Percent Insiders 0.43
Percent Institutions 100.47

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. It is a leading owner, operator, and developer of industrial real estate. The company focuses on providing supply chain solutions to a diverse customer base.

business area logo Core Business Areas

  • Ownership and Operation: Owning, managing, and leasing industrial properties, including logistics facilities, light industrial properties, and manufacturing plants.
  • Development: Developing new industrial properties to meet market demand and customer-specific requirements.
  • Acquisition: Acquiring existing industrial properties to expand their portfolio and geographic footprint.

leadership logo Leadership and Structure

The leadership team includes Peter E. Baccile (President and CEO). The company operates with a typical REIT structure, including a board of trustees and various executive management roles.

Top Products and Market Share

overview logo Key Offerings

  • Industrial Properties: Leasing industrial space to tenants involved in logistics, e-commerce, manufacturing, and other industries. Market share information is part of the entire logistics REIT, and it is difficult to define one exact share. Competitors are Prologis, Duke Realty (now Prologis) and Rexford.
  • Development Services: Providing build-to-suit and other development services for companies needing custom industrial facilities. Revenue data is not broken out separately. Competitors are Prologis, Duke Realty (now Prologis) and Rexford.

Market Dynamics

industry overview logo Industry Overview

The industrial real estate market is driven by e-commerce growth, supply chain modernization, and reshoring trends. Demand for warehouse and distribution space is strong, particularly in key logistics hubs.

Positioning

First Industrial Realty Trust is a well-established player in the industrial REIT space, with a focus on quality assets in strategic locations. Its competitive advantages include a strong balance sheet, experienced management team, and a proven track record of development and acquisitions.

Total Addressable Market (TAM)

The TAM for industrial real estate is estimated to be several trillions of dollars globally, with significant growth expected in the coming years. First Industrial is positioned to capture a portion of this market through strategic acquisitions, development, and leasing activities.

Upturn SWOT Analysis

Strengths

  • Strong Balance Sheet
  • Experienced Management Team
  • Strategic Portfolio Locations
  • Proven Development Capabilities

Weaknesses

  • Concentration in Certain Markets
  • Exposure to Economic Downturns
  • Dependence on Key Tenants
  • Sensitivity to Interest Rate Changes

Opportunities

  • E-Commerce Growth
  • Supply Chain Modernization
  • Reshoring Trends
  • Acquisition Opportunities

Threats

  • Economic Recession
  • Increased Competition
  • Rising Interest Rates
  • Oversupply of Industrial Space

Competitors and Market Share

competitor logo Key Competitors

  • PLD
  • EQIX
  • REX

Competitive Landscape

First Industrial Realty Trust competes with other large industrial REITs for tenants and acquisitions. Its advantages include a strong reputation and a well-located portfolio. Disadvantages include smaller size and less diversification compared to the largest players.

Major Acquisitions

KTR Capital Partners Portfolio

  • Year: 2015
  • Acquisition Price (USD millions): 590
  • Strategic Rationale: Expanded First Industrial's footprint in key industrial markets.

Growth Trajectory and Initiatives

Historical Growth: First Industrial Realty Trust has grown through acquisitions, development, and organic leasing of its properties.

Future Projections: Future growth is expected to be driven by continued demand for industrial space and strategic capital allocation.

Recent Initiatives: Recent initiatives include developing new industrial properties and expanding its presence in key markets.

Summary

First Industrial Realty Trust is a solid industrial REIT with a strong portfolio and experienced management. They benefit from the positive trends in e-commerce and supply chain modernization. Rising interest rates and potential economic downturns pose risks. They will need to focus on tenant retention and cost management to continue its growth trajectory.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice.

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 70.5 million square feet of industrial space as of June 30, 2025.