First Industrial Realty Trust (NYSE:FR) Announces Quarterly Earnings Results

First Industrial Realty Trust (NYSE:FR) released its earnings results on Wednesday. The real estate investment trust reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.36, Zacks reports. First Industrial Realty Trust had a return on equity of 11.53% and a net margin of 47.34%. First Industrial Realty Trust updated its FY 2025 guidance to 2.870-2.970 EPS.

First Industrial Realty Trust Stock Performance

FR stock traded up $0.04 on Wednesday, reaching $53.79. The company’s stock had a trading volume of 1,426,539 shares, compared to its average volume of 900,363. First Industrial Realty Trust has a 52 week low of $45.10 and a 52 week high of $57.35. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.11 and a quick ratio of 1.11. The company has a market capitalization of $7.12 billion, a P/E ratio of 23.09 and a beta of 1.09. The firm has a fifty day moving average of $51.57 and a two-hundred day moving average of $53.48.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. KeyCorp upgraded First Industrial Realty Trust from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, December 17th. Barclays reduced their price target on shares of First Industrial Realty Trust from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Monday, November 18th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of First Industrial Realty Trust in a research report on Tuesday, January 14th. They set a “hold” rating and a $52.00 price objective for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, First Industrial Realty Trust has an average rating of “Hold” and a consensus target price of $57.38.

About First Industrial Realty Trust

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.