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Upturn stock rating
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First Industrial Realty Trust Inc (FR)

Upturn stock rating
$56.1
Last Close (24-hour delay)
Profit since last BUY10.35%
upturn advisory
Consider higher Upturn Star rating
BUY since 44 days
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Upturn 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

10/24/2025: FR (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

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

Number of Analysts

rating

18 Analysts rated it

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

1 Year Target Price $59

1 Year Target Price $59

Analysts Price Target For last 52 week
$59 Target price
52w Low $39.6
Current$56.1
52w High $56.67

Analysis of Past Performance

Type Stock
Historic Profit 13%
Avg. Invested days 43
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 7.66B USD
Price to earnings Ratio 31.34
1Y Target Price 59
Price to earnings Ratio 31.34
1Y Target Price 59
Volume (30-day avg) 18
Beta 1.08
52 Weeks Range 39.60 - 56.67
Updated Date 10/25/2025
52 Weeks Range 39.60 - 56.67
Updated Date 10/25/2025
Dividends yield (FY) 3.06%
Basic EPS (TTM) 1.79

Earnings Date

Report Date 2025-10-15
When -
Estimate 0.3888
Actual 0.49

Profitability

Profit Margin 33.19%
Operating Margin (TTM) 44.58%

Management Effectiveness

Return on Assets (TTM) 3.52%
Return on Equity (TTM) 9.08%

Valuation

Trailing PE 31.34
Forward PE 36.76
Enterprise Value 9194902390
Price to Sales(TTM) 10.72
Enterprise Value 9194902390
Price to Sales(TTM) 10.72
Enterprise Value to Revenue 13.13
Enterprise Value to EBITDA 16.53
Shares Outstanding 132422260
Shares Floating 131542976
Shares Outstanding 132422260
Shares Floating 131542976
Percent Insiders 0.42
Percent Institutions 101.72

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, providing supply chain solutions to businesses of all sizes.

business area logo Core Business Areas

  • Ownership and Operation: Ownership, management, and leasing of industrial properties, including distribution centers, light industrial, and other warehouse facilities.
  • Development and Construction: Development of new industrial facilities and redevelopment of existing properties to meet tenant needs.
  • Property Management: Comprehensive property management services for tenants, including maintenance, repairs, and capital improvements.

leadership logo Leadership and Structure

Peter E. Baccile serves as President and CEO. The company operates with a board of directors and a team of experienced real estate professionals.

Top Products and Market Share

overview logo Key Offerings

  • Industrial Properties: First Industrial provides industrial real estate solutions to businesses in North America. Market share data is estimated to be around 2-3% of the fragmented US industrial real estate market. Competitors include Prologis, Duke Realty (now Prologis), and Rexford Industrial Realty.
  • Supply Chain Solutions: Providing properties and space for supply chain optimization. Market share data for this specific segment is difficult to isolate, but it represents a significant part of their overall business. Competitors include companies with large portfolios of distribution centers.

Market Dynamics

industry overview logo Industry Overview

The industrial real estate market is currently experiencing high demand driven by e-commerce growth, supply chain disruptions, and increased inventory levels. Rental rates are rising, and vacancy rates are low.

Positioning

First Industrial is a well-established player in the industrial real estate market with a focus on key logistics hubs. Its competitive advantages include a large and diverse portfolio, strong tenant relationships, and expertise in development.

Total Addressable Market (TAM)

The US industrial real estate market is estimated in the trillions of dollars. First Industrial is positioned well to continue to participate in this growth, capturing a portion of the market.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Strong Financial Position
  • Diversified Portfolio
  • Strategic Locations
  • Established Tenant Relationships

Weaknesses

  • Susceptibility to Economic Downturns
  • Geographic Concentration in Certain Markets
  • Reliance on Tenant Creditworthiness

Opportunities

  • Expansion into New Markets
  • Increased Demand from E-commerce
  • Development of Sustainable Properties
  • Acquisition of Competitors
  • Rising Rental Rates

Threats

  • Rising Interest Rates
  • Increased Competition
  • Economic Recession
  • Supply Chain Disruptions
  • Changes in Tax Laws

Competitors and Market Share

competitor logo Key Competitors

  • PLD
  • REX
  • DCT
  • PS Business Parks

Competitive Landscape

First Industrial competes with other REITs and private real estate companies. Its advantages lie in its strategic locations and established relationships. Disadvantages may include its size relative to larger competitors such as Prologis.

Major Acquisitions

Kidderbrook Business Park

  • Year: 2024
  • Acquisition Price (USD millions): 140.5
  • Strategic Rationale: Expanded presence in Portland, Oregon to meet demand.

Acquisition in Inland Empire

  • Year: 2023
  • Acquisition Price (USD millions): 130.6
  • Strategic Rationale: Increase space to serve consumer base with growing e-commerce demand

Growth Trajectory and Initiatives

Historical Growth: Historical growth trends would be analyzed based on past revenue and earnings growth.

Future Projections: Future growth projections would be sourced from analyst estimates.

Recent Initiatives: Recent initiatives would be listed from company press releases and investor calls such as new developments.

Summary

First Industrial Realty Trust is a well-positioned industrial REIT benefiting from strong demand in the sector. It has a solid track record and experienced management. However, it faces threats from rising interest rates and economic uncertainty. Its strong relationships and strategic locations help maintain competitive advantage.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Investor Presentations
  • Industry Reports
  • Analyst Estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may not be precise.

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

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

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

Upturn 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 70.4 million square feet of industrial space as of September 30, 2025.