分组1 - First Industrial Realty Trust reported quarterly funds from operations (FFO) of $0.68 per share, missing the Zacks Consensus Estimate of $0.70 per share, but showing an increase from $0.60 per share a year ago, resulting in an FFO surprise of -2.86% [1] - The company posted revenues of $177.07 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.02% and increasing from $162.27 million year-over-year [2] - Over the last four quarters, First Industrial Realty Trust has surpassed consensus FFO estimates three times and topped consensus revenue estimates four times [2] 分组2 - The stock has lost about 7% since the beginning of the year, compared to the S&P 500's decline of -8.3% [3] - The current consensus FFO estimate for the coming quarter is $0.72 on revenues of $175.88 million, and for the current fiscal year, it is $2.92 on revenues of $717.46 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the bottom 35% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Financial Performance - First Industrial's diluted net income available to common stockholders per share (EPS) was $0.36 in Q1 2025, down from $0.52 a year ago; FFO was $0.68 per share/unit, up from $0.60 a year ago[2][5] - Total revenues for the three months ended March 31, 2025, increased to $177,074 million, up from $162,272 million in the same period of 2024, representing a growth of approximately 9.9%[21] - Net income available to First Industrial Realty Trust, Inc.'s common stockholders decreased to $48,103 million for Q1 2025, down from $68,452 million in Q1 2024, a decline of about 29.7%[22] - Funds From Operations (FFO) for the three months ended March 31, 2025, rose to $92,963 million, compared to $81,922 million in the prior year, reflecting an increase of approximately 13.5%[22] - Adjusted Funds From Operations (AFFO) increased to $89,082 million in Q1 2025, up from $75,547 million in Q1 2024, marking a growth of about 17.9%[21] - Net Operating Income (NOI) for the three months ended March 31, 2025, was $128,546 million, compared to $114,832 million in the same period of 2024, an increase of approximately 11.9%[22] Dividend Information - The first quarter 2025 dividend was increased to $0.445 per share, representing a 20.3% increase from the previous rate of $0.37[5][8] - The company reported a common dividend of $0.445 per share for Q1 2025, up from $0.370 per share in Q1 2024, an increase of approximately 20.3%[22] Occupancy and Leasing - In-service occupancy was 95.3% at the end of Q1 2025, down from 96.2% at the end of Q4 2024[5][6] - Cash same store NOI growth was 10.1%, with cash rental rates increasing by 42% in Q1 2025; cash rental rates on new and renewal leasing increased by 41.7%[5][6] Development and Acquisitions - The company acquired two 100% leased buildings totaling 796,000 square feet for $120 million, reflecting a cash yield of 6.4%[5][9] - Planned development starts for Q2 2025 total 402,000 square feet with an estimated investment of $54 million and an estimated combined cash yield of 8%[5][9] - The company has approximately 70.2 million square feet of industrial space under development as of March 31, 2025[16] Guidance and Projections - Guidance for 2025 includes net income available to common stockholders and unitholders projected between $1.52 and $1.62 per share[10] - NAREIT Funds From Operations (FFO) guidance for 2025 is projected between $2.87 and $2.97 per share[10] Financial Position - The company's total assets as of March 31, 2025, were $5,448,054 million, up from $5,261,426 million at the end of 2024, indicating a growth of about 3.6%[23] - Total liabilities increased to $2,704,832 million as of March 31, 2025, compared to $2,515,398 million at the end of 2024, reflecting an increase of approximately 7.5%[23] - The gross real estate investment rose to $6,028,897 million as of March 31, 2025, compared to $5,846,392 million at the end of 2024, representing an increase of about 3.1%[23] Capital Structure - The company renewed its unsecured revolving credit facility, increasing it by $100 million to $850 million, maturing on March 16, 2029[5][9] - The weighted average number of shares outstanding (diluted) increased to 136,115 million in Q1 2025, compared to 135,387 million in Q1 2024, reflecting a growth of about 0.5%[22]

Cash Same Store NOI Growth of 10.1% Cash Rental Rates Up 42% in 1Q25 30% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 36% Increase Excluding 1.3 Million Square-Foot Fixed-Rate Renewal Acquired Two 100% Leased Buildings from Our Camelback 303 JV in Phoenix; 796,000 Square Feet, $120 Million Purchase Price, Net of Our Share of Gain on Sale and Promote, Cash Yield of 6.4% Two Planned Development Starts for 2Q25 Totaling 402,000 Square Feet in Dallas and Philadelphia, $54 Million Esti ...

Investors might want to bet on First Industrial Realty Trust (FR) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...

First Industrial Realty Trust (FR) shares ended the last trading session 7.6% higher at $46.33. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 23.2% loss over the past four weeks.The increased investor optimism in the stock can be attributed to President Donald Trump’s recent announcement to put a 90-day pause on the reciprocal tariff for most countries.This real estate investment trust is expected to post quarter ...

A downtrend has been apparent in First Industrial Realty Trust (FR) lately with too much selling pressure. The stock has declined 17.4% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical ind ...

First Industrial Realty Trust, Inc. ( FR ) is one of my favorite real estate investment trust, or REIT, holdings, and certainly a top-tier pick in the industrial space. I've been bullish on FR since June 2024Welcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I believe it’s one of the most accessible paths to ...

Company Overview - Valeo is a technology company that partners with automakers and new mobility players, focusing on making mobility cleaner, safer, and smarter [3] - The company has a strong technological and industrial leadership in four key areas: electrification, driving assistance systems, interior experience reinvention, and lighting [3] Financial Performance - Valeo reported sales of €21.5 billion in 2024 [4] - As of December 31, 2024, the company employed 106,100 people across 28 countries, operating 155 plants and 46 research and development centers [4] Share Capital and Voting Rights - As of March 31, 2025, Valeo's issued capital was €244,633,504, with a total of 244,633,504 shares [1] - The total number of theoretical voting rights was 274,270,662, while the total number of exercisable voting rights was 273,803,785 [1][2]

PRESS RELEASE Availability of the 2024 Universal Registration Document Paris, March 28, 2025 - Valeo announces that its 2024 Universal Registration Document was filed with the French financial markets authority (Autorité des marchés financiers – AMF) on March 27, 2025 under number D.25-0180. The 2024 Universal Registration Document includes the Integrated Report, the Annual Financial Report, the Board of Directors’ Corporate Governance Report, the Sustainability Report, as well as a description of the Comp ...

CHICAGO, March 28, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its first quarter 2025 results conference call on Thursday, April 17, 2025 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First I ...