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 -.

Wall Street Analysts Forecast Growth

FR has been the topic of several recent analyst reports. Barclays dropped their price target on First Industrial Realty Trust from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft started coverage on shares of First Industrial Realty Trust in a research note on Tuesday, January 14th. They set a “hold” rating and a $52.00 target price on the stock. Finally, KeyCorp raised shares of First Industrial Realty Trust from an “underweight” rating to a “sector weight” rating in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, First Industrial Realty Trust has an average rating of “Hold” and an average price target of $57.38.

First Industrial Realty Trust Stock Performance

Shares of NYSE:FR traded up $0.04 during midday trading on Wednesday, reaching $53.79. The company had a trading volume of 1,426,539 shares, compared to its average volume of 900,363. The stock has a market cap of $7.12 billion, a P/E ratio of 23.09 and a beta of 1.09. The company’s 50 day moving average price is $51.56 and its 200 day moving average price is $53.49. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.80. First Industrial Realty Trust has a 52-week low of $45.10 and a 52-week high of $57.35.

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

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.