First Industrial Realty Trust (FR) to Release Earnings on Wednesday

First Industrial Realty Trust (NYSE:FR) is expected to be posting its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect First Industrial Realty Trust to post earnings of $0.3342 per share and revenue of $190.7960 million for the quarter. First Industrial Realty Trust has set its FY 2026 guidance at 3.090-3.190 EPS. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 23, 2026 at 10:00 AM ET.

First Industrial Realty Trust (NYSE:FR) last announced its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.59 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.17). First Industrial Realty Trust had a return on equity of 9.02% and a net margin of 34.03%.The company had revenue of $188.41 million for the quarter, compared to analyst estimates of $186.20 million. During the same quarter in the prior year, the business earned $0.71 earnings per share. First Industrial Realty Trust’s revenue was up 7.3% compared to the same quarter last year. On average, analysts expect First Industrial Realty Trust to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Industrial Realty Trust Price Performance

Shares of NYSE:FR opened at $64.39 on Tuesday. The company’s fifty day moving average price is $60.30 and its 200 day moving average price is $58.01. First Industrial Realty Trust has a 12 month low of $44.58 and a 12 month high of $64.47. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market capitalization of $8.54 billion, a P/E ratio of 34.62 and a beta of 1.11.

First Industrial Realty Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 20th. Investors of record on Tuesday, March 31st were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.00 annualized dividend and a yield of 3.1%. This is an increase from First Industrial Realty Trust’s previous quarterly dividend of $0.45. First Industrial Realty Trust’s dividend payout ratio (DPR) is 107.53%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC purchased a new position in shares of First Industrial Realty Trust in the 3rd quarter valued at approximately $26,000. Parallel Advisors LLC grew its stake in shares of First Industrial Realty Trust by 86.9% in the 4th quarter. Parallel Advisors LLC now owns 626 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 291 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of First Industrial Realty Trust by 64.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 301 shares during the last quarter. Danske Bank A S purchased a new position in shares of First Industrial Realty Trust in the 3rd quarter valued at approximately $51,000. Finally, Parkside Financial Bank & Trust grew its stake in shares of First Industrial Realty Trust by 27.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,231 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 262 shares during the last quarter. 99.85% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Truist Financial lifted their price target on shares of First Industrial Realty Trust from $65.00 to $66.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Royal Bank Of Canada lifted their price target on shares of First Industrial Realty Trust from $64.00 to $66.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Barclays reiterated a “positive” rating and set a $64.00 price target on shares of First Industrial Realty Trust in a research note on Tuesday, January 13th. Weiss Ratings upgraded shares of First Industrial Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 13th. Finally, Robert W. Baird set a $65.00 price target on shares of First Industrial Realty Trust in a research note on Tuesday, February 17th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $63.29.

First Industrial Realty Trust Company Profile

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.