First Industrial Realty Trust is a industrial REIT company located in Illinois, United States, which is part of the Real Estate sector, and is traded under the ticker FR on the NYSE exchange.
First Industrial Realty Trust stock last closed at $53.41, down 0.26% from the previous day, and has increased 25.82% in one year. It has overperformed other stocks in the REIT - Industrial industry by 0.02 percentage points. First Industrial Realty Trust stock is currently +26.01% from its 52-week low of $42.39, and -6.87% from its 52-week high of $57.35.
At the moment, there are 132.35M shares of FR outstanding. The market capitalization of FR is $7.07B. In the last 24 hours, 839,614 FR shares were traded.
How to Buy First Industrial Realty Trust Stock
Not sure how to invest in First Industrial Realty Trust stock? Here's how.
Decide where to buy First Industrial Realty Trust stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy First Industrial Realty Trust stock.
Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Fund your investment account: Choose your method of payment and add your info.
Research First Industrial Realty Trust stock: The First Industrial Realty Trust ticker symbol is FR. Is First Industrial Realty Trust stock a good investment? Should you buy shares of FR? How do FR's underlying business fundamentals look? Do top analysts think First Industrial Realty Trust is a good buy? Why has FR's stock price moved recently? (Hint: Our stock research website can help you figure out if FR is a good stock to buy).
Place your FR buy order: Decide if you will purchase FR shares at the current market price or use a limit order to purchase FR stock at a particular price.
Keep tabs on your FR investment: Create a watchlist to important updates regarding your new investment in First Industrial Realty Trust shares.
Step 1: Decide where to buy First Industrial Realty Trust stock
You will need an online brokerage account to access the NYSE market and buy FR shares.
A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you can invest in FR today.
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Step 4: Research First Industrial Realty Trust stock
After you have figured out the best place to buy First Industrial Realty Trust stock, it's critical to analyze their stock prior to buying, so you can understand the risk and upside.
First Industrial Realty Trust stock at a glance
FR Price
$53.41
1w %
1.56%
1y %
25.82%
5y %
29.04%
P/E
22.82x
P/B
2.69x
P/S
10.85x
PEG
2.29x
Revenue
$651.33M
Earnings
$308.33M
Fore. Rev. Growth
4.56%
Fore. Earn. Growth
9.96%
Market Cap
$7.07B
Next Earnings
N/A
Next Dividend
Jan 21, 2025
First Industrial Realty Trust Fundamentals
WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FR's stock page.
Is FR stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge FR's true value.
Using relative valuations ratios:
FR could be undervalued based on its P/E ratio of 22.82x, relative to REIT - Industrial industry P/E ratio of 32.62x
FR could be overvalued based on its P/B ratio of 2.69x, relative to REIT - Industrial industry P/B ratio of 2.32x
FR may be overvalued based on its PEG ratio of 2.29x
You can access additional valuation analysis on FR's stock here.
A quick look at FR Financials
Positive Health Checks:
Total FR debt is lower than 5 years ago, relative to shareholder equity.
FR profit margin has gone up from 44.5% to 47.3% in the past year.
Negative Health Checks:
FR's operating cash flow of $340.08M allows it to safely service it's debt of $2.19B.
FR earnings of $397.24M is not sufficient to cover its interest payments.
FR has a relatively high debt to equity ratio of 0.95.
Do Wall Street analysts think it's a good time to buy FR stock
Out of 9 Wall Street analysts who research FR, the consensus analyst rating on First Industrial Realty Trust is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest FR Analyst Recommendations
Ki Bin Kim, a top 14% analyst from Truist Securities maintains FR with a strong buy rating and raises their FR price target from $54.00 to $60.00, on Aug 5, 2024.
Michael Mueller, a bottom 4% analyst from JP Morgan maintains FR with a strong buy rating and raises their FR price target from $53.00 to $60.00, on Jul 31, 2024.
Michael Carroll, a top 28% analyst from RBC Capital maintains FR with a buy rating and raises their FR price target from $57.00 to $60.00, on Jul 30, 2024.
Caitlin Burrows, a bottom 3% analyst from Goldman Sachs maintains FR with a strong sell rating and raises their FR price target from $46.00 to $52.00, on Jul 26, 2024.
Last year, FR earnings were $308.33M. Over the last five year, FR's earnings have grown by 9.01% per year. This was faster than the REIT - Industrial industry average of 4.95%.
Last year, FR revenue was $651.33M. During the last 5 year, FR's revenue has grown by 9.16% per year. This was slower than the REIT - Industrial industry average of 15.84%.
First Industrial Realty Trust pays a dividend of 2.68%, compared to the REIT - Industrial industry's average dividend yield of 3.61%. If you owned $1,000 worth of FR stock, you would have been paid $26.77 in the past year.
First Industrial Realty Trust dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Place your FR buy order
You have two primary types of orders:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are generally the best for newer investors.
Limit order: A limit order enables you to buy or sell a security at a specific price (or better). If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and eToro will execute your order.
If you require additional info about buying stocks on eToro, click the helpful video below:
How much does it cost to buy one First Industrial Realty Trust share?
As of Nov 11, 2024, it costs $53.41 to buy one share of First Industrial Realty Trust stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.187 shares of FR.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Is now a good time to buy First Industrial Realty Trust stock?
According to 9 Wall Street analysts who monitor First Industrial Realty Trust, their consensus recommendation is to buy First Industrial Realty Trust stock.
What is the best way to buy First Industrial Realty Trust stock?
One way to place an order for First Industrial Realty Trust stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.