First Industrial Realty Trust (NYSE:FR) Issues FY 2025 Earnings Guidance

First Industrial Realty Trust (NYSE:FR) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.870-2.970 for the period, compared to the consensus earnings per share estimate of 2.870. The company issued revenue guidance of -.

First Industrial Realty Trust Stock Up 0.1 %

Shares of First Industrial Realty Trust stock traded up $0.04 on Wednesday, hitting $53.79. 1,426,539 shares of the company traded hands, compared to its average volume of 900,363. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.80. First Industrial Realty Trust has a 12-month low of $45.10 and a 12-month high of $57.35. The company has a 50-day moving average price of $51.57 and a 200 day moving average price of $53.48. The company has a market cap of $7.12 billion, a PE ratio of 23.09 and a beta of 1.09.

First Industrial Realty Trust (NYSE:FR) last released its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.36. First Industrial Realty Trust had a return on equity of 11.53% and a net margin of 47.34%. Sell-side analysts predict that First Industrial Realty Trust will post 2.64 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FR shares. KeyCorp upgraded shares of First Industrial Realty Trust from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft initiated coverage on First Industrial Realty Trust in a report on Tuesday, January 14th. They set a “hold” rating and a $52.00 price objective on the stock. Finally, Barclays reduced their target price on First Industrial Realty Trust from $56.00 to $55.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, First Industrial Realty Trust currently has an average rating of “Hold” and an average target price of $57.38.

First Industrial Realty Trust Company Profile

First Industrial Realty Trust, Inc (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains.