First Industrial Realty (NYSE:FR) Stock

First Industrial Realty

First Industrial Realty Trust Inc is a real estate investment trust that owns, manages, acquires, sells, develops, and redevelops industrial real estate. Through its fully integrated operating and investing platform, the company provides facilities and customer service to multinational corporations and regional firms that are essential for their supply chains. The company serves a diverse tenant base across various sectors, including e-commerce, logistics, transportation, manufacturing, retail, consumer services, food and beverage, building materials, wholesale goods, health services, and government.

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<p>Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.</p>
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<li>Goldman Sachs analyst Caitlin Burrows upgraded <strong>First Industrial Realty Trust, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) from Sell to Neutral and raised the price target from $52 to $59. First Industrial Realty shares closed at $55.77 on Thursday. <a href="https://www.benzinga.com/quote/FR/analyst-ratings">See how other analysts view this stock</a>.</li>
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<p>Considering buying U stock? Here&#8217;s what analysts think: </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="603" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/21134408/image-180-1024x603.png" alt="" class="wp-image-793668" style="width:460px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/21134408/image-180-1024x603.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/21134408/image-180-300x177.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/21134408/image-180-768x452.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/21134408/image-180.png 1087w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
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<p>Goldman Sachs  analyst Caitlin Burrows   upgrades First Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) from Sell to Neutral and raises the price target from $52 to $59.</p>


Price Target

Goldman Sachs Upgrades First Industrial Realty to Neutral, Raises Price Target to $59

<p>Baird  analyst David Rodgers   maintains First Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) with a Outperform and raises the price target from $59 to $61.</p>


Baird Maintains Outperform on First Industrial Realty, Raises Price Target to $61

<p><strong>First Industrial Realty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) reported its Q4 earnings results on Wednesday, February 5, 2025 at 04:28 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>First Industrial Realty beat estimated earnings by 3.0%, reporting an EPS of $0.71 versus an estimate of $0.69.</p>
<p>Revenue was up $18.31 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>In the previous quarter, the company beat on EPS by $0.01, resulting in a 2.0% drop change in the share price the following day.</p>
<p>Here's a look at First Industrial Realty's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.67</td>
<td>0.64</td>
<td>0.62</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.68</td>
<td>0.66</td>
<td>0.60</td>
<td>0.63</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>166.83M</td>
<td>163.57M</td>
<td>159.62M</td>
<td>156.70M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>167.65M</td>
<td>164.14M</td>
<td>162.27M</td>
<td>157.28M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>First Industrial Realty management provided guidance for FY 2025, expecting earnings between $2.87 and $2.97 per share.</p>
<p>To track all earnings releases for First Industrial Realty <a href="https://www.benzinga.com/quote/FR/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Earnings

Earnings Breakdown: First Industrial Realty Q4

<p><strong>First Industrial Realty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) reported its Q4 earnings results on Wednesday, February 5, 2025 at 04:28 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>First Industrial Realty beat estimated earnings by 3.0%, reporting an EPS of $0.71 versus an estimate of $0.69.</p>
<p>Revenue was up $18.31 million from the same period last year.</p>
<h3>Historical Earnings Summary</h3>
<p>The company beat on EPS by $0.01 in the last quarter, resulting in a 2.0% drop share price change the following day.</p>
<p>Here's a look at First Industrial Realty's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.67</td>
<td>0.64</td>
<td>0.62</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.68</td>
<td>0.66</td>
<td>0.60</td>
<td>0.63</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>166.83M</td>
<td>163.57M</td>
<td>159.62M</td>
<td>156.70M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>167.65M</td>
<td>164.14M</td>
<td>162.27M</td>
<td>157.28M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>First Industrial Realty management provided guidance for FY 2025, expecting earnings between $2.87 and $2.97 per share.</p>
<p>To track all earnings releases for First Industrial Realty <a href="https://www.benzinga.com/quote/FR/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


First Industrial Realty: Q4 Earnings Insights

Guidance

First Industrial Realty Trust Sees FY25 EPS $1.57-$1.67

<p><strong>First Industrial Realty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) released its Q4 earnings on Wednesday, February 5, 2025 at 04:28 PM.</p>
<p>Here's what's important from the earnings announcement.</p>
<h3>Earnings</h3>
<p>First Industrial Realty beat estimated earnings by 3.0%, reporting an EPS of $0.71 versus an estimate of $0.69.</p>
<p>Revenue was up $18.31 million from the same period last year.</p>
<h3>Analysis of Past Earnings</h3>
<p>In the previous quarter, the company beat on EPS by $0.01, resulting in a 2.0% drop change in the share price the following day.</p>
<p>Here's a look at First Industrial Realty's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.67</td>
<td>0.64</td>
<td>0.62</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.68</td>
<td>0.66</td>
<td>0.60</td>
<td>0.63</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>166.83M</td>
<td>163.57M</td>
<td>159.62M</td>
<td>156.70M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>167.65M</td>
<td>164.14M</td>
<td>162.27M</td>
<td>157.28M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>First Industrial Realty management provided guidance for FY 2025, expecting earnings between $2.87 and $2.97 per share.</p>
<p>To track all earnings releases for First Industrial Realty <a href="https://www.benzinga.com/quote/FR/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


First Industrial Realty Q4 Earnings Summary & Key Takeaways

<p>First Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) reported quarterly earnings of $0.71 per share which beat the analyst consensus estimate of $0.69 by 2.9 percent. This is a 12.7 percent increase over earnings of $0.63 per share from the same period last year.  The company reported quarterly sales of $175.59 million which beat the analyst consensus estimate of $170.81 million by 2.80 percent.  This is a 11.64 percent increase over sales of $157.28 million the same period last year.</p>


Earnings Beats

First Industrial Realty Q4 2024 FFO $0.71 Beats $0.69 Estimate, Sales $175.59M Beat $170.81M Estimate

<p>The earnings results for <strong>First Industrial Realty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) for Q4 were made public on Wednesday, February 5, 2025 at 04:28 PM.</p>
<p>Here's a comprehensive overview of the announcement.</p>
<h3>Earnings</h3>
<p>First Industrial Realty beat estimated earnings by 3.0%, reporting an EPS of $0.71 versus an estimate of $0.69.</p>
<p>Revenue was up $18.31 million from the same period last year.</p>
<h3>Earnings History Overview</h3>
<p>The company beat on EPS by $0.01 in the last quarter, resulting in a 2.0% drop share price change the following day.</p>
<p>Here's a look at First Industrial Realty's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.67</td>
<td>0.64</td>
<td>0.62</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.68</td>
<td>0.66</td>
<td>0.60</td>
<td>0.63</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>166.83M</td>
<td>163.57M</td>
<td>159.62M</td>
<td>156.70M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>167.65M</td>
<td>164.14M</td>
<td>162.27M</td>
<td>157.28M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>First Industrial Realty management provided guidance for FY 2025, expecting earnings between $2.87 and $2.97 per share.</p>
<p>To track all earnings releases for First Industrial Realty <a href="https://www.benzinga.com/quote/FR/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


First Industrial Realty Earnings Report: Q4 Overview

<p>The Q4 earnings report for <strong>First Industrial Realty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) was released on Wednesday, February 5, 2025 at 04:28 PM.</p>
<p>Here's what investors need to know about the latest announcement.</p>
<h3>Earnings</h3>
<p>First Industrial Realty beat estimated earnings by 3.0%, reporting an EPS of $0.71 versus an estimate of $0.69.</p>
<p>Revenue was up $18.31 million from the same period last year.</p>
<h3>Performance in Previous Earnings</h3>
<p>The company beat on EPS by $0.01 in the previous quarter, leading to a 2.0% drop share price change the next day.</p>
<p>Here's a look at First Industrial Realty's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.67</td>
<td>0.64</td>
<td>0.62</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.68</td>
<td>0.66</td>
<td>0.60</td>
<td>0.63</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>166.83M</td>
<td>163.57M</td>
<td>159.62M</td>
<td>156.70M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>167.65M</td>
<td>164.14M</td>
<td>162.27M</td>
<td>157.28M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>First Industrial Realty management provided guidance for FY 2025, expecting earnings between $2.87 and $2.97 per share.</p>
<p>To track all earnings releases for First Industrial Realty <a href="https://www.benzinga.com/quote/FR/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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