FR Stock Recent News

Most REITs have surged due to interest rate cuts. But many REITs missed out on this rally and remain undervalued. I present 3 of my Top Picks for 2025.

REITs are so cheap that some offer up to 10% dividend yields. That's despite growing steadily. I highlight 3 REITs to buy before their next dividend hike.

First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.68 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to FFO of $0.62 per share a year ago.

51% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2024; Includes 300,000 Square-Foot Southern California Renewal Cash Same Store NOI Growth of 7.6% in the Third Quarter 33% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025 Started a 542,000 Square-Foot Development in Nashville, Estimated Investment of $54 Million Acquired Fully Leased Four-Building Portfolio in Houston for $29 Million Sold Ten Buildings for $101 Million in the Third Quarter and Fourth Quarter To-Date 2024 NAREIT FFO Guidance Increased $0.02 at the Midpoint to $2.61 to $2.65 Per Share/Unit CHICAGO , Oct. 16, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced results for the third quarter of 2024. First Industrial's diluted net income available to common stockholders per share (EPS) was $0.75 in the third quarter, compared to $0.57 a year ago and third quarter funds

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?

CHICAGO , Oct. 1, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its third quarter 2024 results conference call on Thursday, October 17, 2024 at 10:00 a.m. CDT (11:00 a.m.

The REIT market is vast and versatile. Not all REITs are equally attractive. Here are three REITs that I sold recently.

On August 13, 2024, Wolfe Research upgraded First Industrial Realty Trust (FR) from Peer Perform to Outperform, setting a year-end 2025 price target of $64. This upgrade suggests a potential 19% upside from its current trading price of around $53.89.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Industrial Realty Trust (FR) have what it takes?

CHICAGO , Aug. 1, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that its board of directors declared a common stock dividend of $0.37 per share/unit for the quarter ending September 30, 2024 payable on October 21, 2024 to stockholders of record on September 30, 2024. About First Industrial Realty Trust, Inc. First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties.