First Industrial Realty Trust (NYSE:FR) Issues FY 2026 Earnings Guidance

First Industrial Realty Trust (NYSE:FR) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.090-3.190 for the period, compared to the consensus EPS estimate of 2.300. The company issued revenue guidance of -.

First Industrial Realty Trust Stock Up 0.3%

Shares of FR traded up $0.17 during mid-day trading on Wednesday, reaching $58.46. The company’s stock had a trading volume of 1,679,019 shares, compared to its average volume of 979,173. The business has a fifty day moving average of $58.05 and a 200 day moving average of $54.38. The company has a market cap of $7.74 billion, a price-to-earnings ratio of 32.66 and a beta of 1.14. First Industrial Realty Trust has a 1 year low of $40.31 and a 1 year high of $60.20. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.88.

First Industrial Realty Trust (NYSE:FR) last issued its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.01. The business had revenue of $188.41 million for the quarter, compared to the consensus estimate of $186.20 million. First Industrial Realty Trust had a return on equity of 8.65% and a net margin of 33.18%.First Industrial Realty Trust’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 earnings per share. First Industrial Realty Trust has set its FY 2026 guidance at 3.090-3.190 EPS. As a group, analysts forecast that First Industrial Realty Trust will post 2.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on FR. UBS Group set a $62.00 price target on shares of First Industrial Realty Trust in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft raised shares of First Industrial Realty Trust from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a research note on Monday, January 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of First Industrial Realty Trust in a research report on Wednesday, January 28th. Barclays reiterated a “positive” rating and set a $64.00 price target on shares of First Industrial Realty Trust in a report on Tuesday, January 13th. Finally, Industrial Alliance Securities set a $67.00 price objective on First Industrial Realty Trust in a report on Monday, January 5th. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, First Industrial Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.46.

Insiders Place Their Bets

In other First Industrial Realty Trust news, CIO Johannson L. Yap sold 680 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $58.37, for a total transaction of $39,691.60. Following the completion of the sale, the executive directly owned 3,770 shares in the company, valued at $220,054.90. This represents a 15.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.06% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of First Industrial Realty Trust in the 3rd quarter valued at $26,000. Danske Bank A S bought a new position in First Industrial Realty Trust during the third quarter worth about $51,000. Advisory Services Network LLC acquired a new stake in First Industrial Realty Trust during the third quarter valued at approximately $97,000. Quarry LP boosted its holdings in First Industrial Realty Trust by 16.2% during the third quarter. Quarry LP now owns 2,192 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 305 shares in the last quarter. Finally, Headlands Technologies LLC grew its stake in shares of First Industrial Realty Trust by 64.2% in the 2nd quarter. Headlands Technologies LLC now owns 2,507 shares of the real estate investment trust’s stock valued at $121,000 after purchasing an additional 980 shares during the period. 99.85% of the stock is owned by institutional investors.

About First Industrial Realty Trust

First Industrial Realty Trust, Inc (NYSE: FR) is a publicly traded real estate investment trust focused on the ownership, operation and development of industrial real estate assets. The company specializes in light industrial, warehouse and distribution facilities that serve a broad range of end markets, including manufacturing, transportation and e-commerce. Through both acquisitions and ground-up developments, First Industrial seeks to assemble a diversified portfolio of strategically located properties that support its tenants’ supply-chain needs.

Core services provided by First Industrial include property leasing, asset management, redevelopment of obsolescent buildings and build-to-suit development for creditworthy users.