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 ...

CHICAGO, March 20, 2024 /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 2024 results conference call on Thursday, April 18, 2024 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 In ...

CHICAGO, Feb. 29, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced that it will present at Citi's 2024 Global Property CEO Conference. The presentation is scheduled for Monday, March 4, 2024 at 3:35 p.m. EST (2:35 p.m. CST).A live webcast of the presentation will be available at www.firstindustrial.com under the Investors tab. A replay of the webcast will also be available through May 31, 2 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ Form 10-K _______________________________ (Exact name of Registrant as specified in its Charter) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 Re ...