FR Share Price | First Industrial Realty Trust, Inc. Stock Analysis & Recommendation

Q: How big is First Industrial Realty Trust, Inc.?

Market Cap: As of Jun 18, First Industrial Realty Trust, Inc. has a market capitalization of 6,654.88 million, categorizing it as a Mid Cap company.Recent Quarterly Performance: For the latest four quarters, the company reported net sales of 684.45 million and a net profit of 278.18 million.Balance Sheet Snapshot: As of Dec 24, the company's shareholder's funds amounted to 2,665.61 million, while total assets were reported at 5,261.43 million.

Q: What does First Industrial Realty Trust, Inc. do?

Overview: First Industrial Realty Trust, Inc. is a real estate investment trust (REIT) that specializes in owning, managing, acquiring, selling, developing, and redeveloping industrial real estate, operating within the Realty industry and classified as a mid-cap company.Financial Snapshot: Most recent Net Sales: 177 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 53 Million (Quarterly Results - Mar 2025) Market cap: USD 6,654.88 Million (Mid Cap)Key Metrics: P/E: 25.00 Dividend Yield: 309.03% Debt Equity: -999,999.00 Return on Equity: 10.07% Price to Book: 2.51Contact Details: Address: 1 N Wacker Dr Ste 4200, CHICAGO IL 60606-2862 Tel: ['1 312 3444300', '1 312 3444320'] Fax: 1 312 9226320 Website: http://www.firstindustrial.com

Q: Is First Industrial Realty Trust, Inc. technically bullish or bearish?

As of 19 September 2025, the technical trend for First Industrial Realty Trust, Inc. has changed from sideways to mildly bearish. The weekly MACD is bullish, while the monthly MACD is bearish, indicating mixed signals. The daily moving averages are mildly bearish, and the weekly KST is bullish, but the monthly KST is mildly bearish. Dow Theory shows a mildly bullish stance on both weekly and monthly timeframes. The Bollinger Bands are bullish weekly and mildly bullish monthly, suggesting some upward pressure.In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a 1-year return of -6.32% compared to the S&P 500's 16.64%, and a 5-year return of 29.10% versus 100.77% for the benchmark. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from MACD and KST.

Q: Is First Industrial Realty Trust, Inc. overvalued or undervalued?

As of 3 October 2025, the valuation grade for First Industrial Realty Trust, Inc. moved from fair to expensive. The company is currently overvalued based on its financial metrics. The P/E ratio stands at 25, which is higher than the peer average of approximately 26.28 for similar companies, while the EV to EBITDA ratio is 14.81, indicating a premium compared to peers like Annaly Capital Management, Inc. with an EV to EBITDA of 2.26. Additionally, the Price to Book Value is 2.55, suggesting that the stock is trading at a significant premium relative to its book value.In terms of peer comparison, First Industrial Realty Trust, Inc. has a P/E ratio that is slightly below that of Omega Healthcare Investors, Inc. at 26.03, but higher than the industry average. The stock's recent performance shows a YTD return of 2.87% compared to the S&P 500's 14.18%, and over the past three years, it has returned 14.14% versus the S&P 500's 82.57%. This underperformance reinforces the notion that the stock is overvalued in the current market environment.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.08 M

Shareholding (Dec 2025)

FII

20.87%

Held by 178 FIIs

DII

36.07%

Held by 59 DIIs

Promoter

0.51%

How big is First Industrial Realty Trust, Inc.?

22-Jun-2025

As of Jun 18, First Industrial Realty Trust, Inc. has a market capitalization of $6.65 billion, with net sales of $684.45 million and a net profit of $278.18 million over the last four quarters. Shareholder's funds total $2.67 billion, and total assets are $5.26 billion.

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What does First Industrial Realty Trust, Inc. do?

22-Jun-2025

First Industrial Realty Trust, Inc. is a mid-cap REIT focused on industrial real estate, involved in various activities such as ownership, management, and development. As of March 2025, it reported net sales of $177 million and a net profit of $53 million, with a market cap of approximately $6.65 billion.

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Who are in the management team of First Industrial Realty Trust, Inc.?

22-Jun-2025

As of March 2022, the management team of First Industrial Realty Trust, Inc. includes Chairman Matthew Dominski, CEO Peter Baccile, Lead Independent Director John Rau, and Independent Directors H. Patrick Hackett, Denise Olsen, and Leonard Sharpe, who oversee the company's strategic direction and operations.

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Is First Industrial Realty Trust, Inc. technically bullish or bearish?

23-Sep-2025

As of September 19, 2025, First Industrial Realty Trust, Inc. shows a mildly bearish trend with mixed signals from MACD and KST, underperforming the S&P 500 over the past year and five years.

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Is First Industrial Realty Trust, Inc. overvalued or undervalued?

07-Oct-2025

As of October 3, 2025, First Industrial Realty Trust, Inc. is considered overvalued with a P/E ratio of 25, an EV to EBITDA of 14.81, and a Price to Book Value of 2.55, all indicating a premium compared to peers, while its recent performance has significantly lagged behind the S&P 500.

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Compare First Industrial Realty Trust, Inc. with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 5,427.28%

Poor long term growth as Net Sales has grown by an annual rate of 9.90% and Operating profit at 5.23%

Flat results in Jun 25

With ROE of 10.07%, it has a expensive valuation with a 2.55 Price to Book Value

Mojo Parameters

Stock DNA

Industry

Realty

Market cap

USD 8,477 Million (Small Cap)

P/E

32.00

Industry P/E

Dividend Yield

277.70%

Debt Equity

-999,999.00

Return on Equity

9.26%

Price to Book

3.17

Revenue and Profits:

Net Sales:

188 Million

(Quarterly Results - Dec 2025)

Net Profit:

87 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

5.77%

6 Months

18.09%

1 Year

5.25%

2 Years

13.7%

3 Years

14.99%

4 Years

3.79%

5 Years

38.36%

First Industrial Realty Trust, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

10.17%

EBIT Growth (5y)

8.90%

EBIT to Interest (avg)

5.97

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

3.57%

Dividend Payout Ratio

95.38%

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

7,882.24%

ROE (avg)

5,427.28%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.89

EV to EBIT

25.22

EV to EBITDA

15.79

EV to Capital Employed

2.91

EV to Sales

10.66

PEG Ratio

Dividend Yield

294.73%

ROCE (Latest)

11.55%

ROE (Latest)

8.93%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 107 Schemes (41.9%)

Foreign Institutions

Held by 178 Foreign Institutions (20.87%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val1": "104.20",
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Quarterly Results Snapshot (Consolidated) - Dec'25 - YoY

Dec'25

Dec'24

Change(%)

Net Sales

188.40

175.60

7.29%

Operating Profit (PBDIT) excl Other Income

127.70

116.90

9.24%

Interest

26.40

25.70

2.72%

Exceptional Items

0.00

Consolidate Net Profit

86.90

70.40

23.44%

Operating Profit Margin (Excl OI)

419.90%

417.60%

0.23%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Dec 2025 is 7.29% vs 11.63% in Dec 2024

Consolidated Net Profit

YoY Growth in quarter ended Dec 2025 is 23.44% vs -23.14% in Dec 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

727.10

669.60

8.59%

Operating Profit (PBDIT) excl Other Income

493.00

444.40

10.94%

Interest

104.20

109.40

-4.75%

Exceptional Items

0.00

Consolidate Net Profit

263.90

295.80

-10.78%

Operating Profit Margin (Excl OI)

423.20%

406.80%

1.64%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is 8.59% vs 9.06% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is -10.78% vs 3.57% in Dec 2024

All Annual Results

Company CV

About First Industrial Realty Trust, Inc.

First Industrial Realty Trust, Inc.

Realty

First Industrial Realty Trust, Inc. is a real estate investment trust (REIT). The Trust is a self-administered real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate. As of December 31, 2016, the Company's in-service portfolio consisted of 215 light industrial properties, 53 research and development (R&D)/flex properties, 167 bulk warehouse properties and 100 regional warehouse properties containing an aggregate of approximately 62.2 million square feet of gross leasable area (GLA) located in 23 states. The Company's in-service portfolio includes all properties that have reached stabilized occupancy, developed and redeveloped properties and acquired properties that are occupied at acquisition or one year from the acquisition date. The Company's operations are conducted primarily through the First Industrial, L.P. (the Operating Partnership), of which the Company is the sole general partner.

Company Coordinates

Company Details

1 N Wacker Dr Ste 4200 , CHICAGO IL : 60606-2862

Tel: 1 312 34443001 312 3444320

http://www.firstindustrial.com

Registrar Details