Headquartered in Chicago, First Industrial Realty Trust (FR) is a Finance stock that has seen a price change of -3.42% so far this year. Currently paying a dividend of $0.37 per share, the company has a dividend yield of 2.91%. In comparison, the REIT and Equity Trust - Other industry's yield is 4.41%, while the S&P 500's yield is 1.53%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. Ho ...

First Industrial (NYSE:FR) is a quality REIT that has seen its fair share of volatility in comparison to their industrial peers over the past several months. The company has a long operating history having been founded in 1994. With interest rates likely to decline soon, long-term investors should consider this REIT as they have been performing exceptionally over the past few years. In this article I discuss the company's latest earnings, fundamentals, performance against peers, and why the recent dip has p ...

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, w ...

Introduction With the Q1 2024 results and comments of Prologis (PLD), the largest industrial REIT in the world, on the market conditions, investors' sentiment towards the sector declined further. To quote PLD's CFO, Tim Arndt during the Q1 2024 Earnings Call: First Industrial Realty Trust Inc (FR) Price % Change Prologis Inc (PLD) Price % Change Stag Industrial Inc (STAG) Price % Change Fastificoun Properties Inc (FGR) Price % C Stag Industrial inc (STAC) Price % Change EastGroup Properties Inc (EGP) Price ...

Company Overview - First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer, and acquirer of logistics properties [3] - The company provides high-quality facilities and industry-leading customer service to multinational corporations and regional firms essential for their supply chains [3] - As of March 31, 2024, the company owns and has under development approximately 68.1 million square feet of industrial space [3] Upcoming Events - First Industrial will present at Nareit's REITWeek 2024 Investor Conference on June 4, 2024, at 3:00 PM EDT [1] - A webcast of the presentation will be available on the company's website, with a replay accessible until July 4, 2024 [1][2] Investment Focus - The company's portfolio and new investments are concentrated in 15 target metropolitan statistical areas (MSAs) with an emphasis on supply-constrained, coastally oriented markets [3]

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that mea ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ Form 10-Q _______________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-13102 (First Industrial Realty Trust, Inc.) 333-21873 (First Industrial, L.P ...

Luis Alvarez/DigitalVision via Getty Images Shares of First Industrial Realty (NYSE:FR) have been a significant underperformer over the past year, losing 5% of their value, as higher rates have weighed on real estate valuations and industrial leasing activity has slowed. After the bell on Wednesday, FR reported mixed results and reduced guidance, which could pressure shares. Since rating shares a buy in January, FR has lost 5% while the S&P has gained 7%, a disappointing level of underperformance. Given ...

First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.60 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to FFO of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -3.23%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.62 per share when it actually produced FFO of $0.63, delivering a surprise of 1.61%.Over the l ...

FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2024 RESULTS CHICAGO, April 17, 2024 – First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced results for the first quarter of 2024. First Industrial's diluted net income available to common stockholders per share (EPS) was $0.52 in the first quarter, compared to $0.42 a year ago and first quarter funds from operations (FFO) was $0.60 per share/unit on a diluted bas ...