FR - First Industrial Realty Trust, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
43.16
+0.20 (+0.47%)
As of 10:25AM EST. Market open.
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Previous Close42.96
Open43.16
Bid42.93 x 1000
Ask43.01 x 900
Day's Range42.91 - 43.40
52 Week Range33.08 - 46.12
Volume49,084
Avg. Volume812,409
Market Cap5.483B
Beta (5Y Monthly)0.75
PE Ratio (TTM)22.96
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.00 (2.33%)
Ex-Dividend DateMar 29, 2020
1y Target EstN/A
  • Thomson Reuters StreetEvents

    Edited Transcript of FR earnings conference call or presentation 13-Feb-20 4:00pm GMT

    Q4 2019 First Industrial Realty Trust Inc Earnings Call

  • First Industrial Realty Trust (FR) Beats Q4 FFO and Revenue Estimates
    Zacks

    First Industrial Realty Trust (FR) Beats Q4 FFO and Revenue Estimates

    First Industrial Realty Trust (FR) delivered FFO and revenue surprises of 2.27% and 1.95%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • American City Business Journals

    Public company buys 64-acre development site in Miami-Dade

    First Industrial Realty Trust acquired a 63.6-acre development site in Medley for $42.62 million. Carlos C. Lopez, as trustee of the Lakeview Investment Land Trust, sold land at the southeast corner of Northwest 90th Street and Northwest 87th Avenue to Chicago-based First Industrial (NYSE: FR). The site totals 169.4 acres, with 125 acres submerged in a lake, but the deal only included 63.6 acres of land along Northwest 87th Avenue.

  • 7 Inflation-Beating REITs to Ground Your Income Portfolio
    InvestorPlace

    7 Inflation-Beating REITs to Ground Your Income Portfolio

    It has certainly been a long bull market. And growth stocks have led the charge.But in all this passion for growth, don't forget that income is an important part of your portfolio as well. It is a great asset when growth slows.And, while 2019 was a big year for stocks, remember that the trouncing the market took in the fourth quarter of 2018 made that possible. Last year's performance in many stocks doesn't look as impressive if you include that quarterly performance.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's why at Growth Investor we know it's important to have some stocks that will deliver solid returns and deliver a good, inflation-beating (and sometimes inflation-trouncing) dividend as well. You can take the cash, reinvest it, or let it pile up to buy other investments.Whatever you choose to do, it's smart to have some income in your portfolio.Below are seven high-yield real estate investment trusts (REITs) to ground your income portfolio. Low rates and strong lenders make this a great sector to start your income stock collection. REITs to Buy: Store Capital (STOR)Source: Shutterstock Dividend Yield: 3.8%Store Capital (NYSE:STOR) is actually an acronym for what the REIT specializes in -- single-tenant operational real estate.That means it focuses on maximizing the value of companies that run businesses like chain restaurants, health clubs, supermarkets, distribution facilities and retail.Mind you, it doesn't build or manage shopping malls. Just standalone stores.It's also a sale-leaseback structure, which means the companies sell the property to STOR and then lease it back so they can take advantage of the depreciation of the property.The idea has worked so well that Warren Buffett invested $377 million in the company back in 2017. That's nearly 10% of outstanding stock.The stock is up more than 25% in the past year and still delivers a very respectable 3.8% dividend. First Industrial Realty Trust (FR)Source: Shutterstock Dividend Yield: 2.2%First Industrial Realty Trust (NYSE:FR) focuses solely on industrial real estate, like warehouses and light industrial properties.In the age of e-commerce, this is a very important sector. And with a $5 billion market capitalization, FR is a good-sized player.As we have seen with Amazon (NASDAQ: AMZN) cutting ties with FedEx (NYSE:FDX), logistics is a very competitive industry at this point. And getting warehouses as close to customers' homes as possible means better possibilities for next-day and even same-day delivery.And that concept goes up the chain. Having products close to distribution centers is crucial. So, instead of stores popping up, it's warehouses and distribution hubs. It's the kind of business model that earns stocks a high grade in my stock-picking system.The stock is up 40% in the last 12 months, which has brought down the dividend to about 2.2%. But it's still trading at a trailing price-to-earnings ratio of 27, so there's still some value there. Prologis (PLD)Source: rafapress / Shutterstock.com Dividend Yield: 2.4%Prologis (NYSE:PLD) is the stock you want if you're a true believer in the world of e-commerce. It's the largest industrial real estate company in the world.It has facilities all around the world. And by its $56 billion market cap, you can be sure it's a major player in this sector.What's more, now that the U.S. and China have sheathed their trade war swords for the moment, it allows the global economy some breathing space, not only on the retail level but also on the global business side as well.While 2020 may not be a massive year like 2019 was for U.S. stocks, the global market should fare better than it did last year. And PLD will benefit from that.The stock is up more than 45% in the past year, but that has dropped its dividend yield down to around 2.4%. That still beats inflation and gives you some solid growth to boot. Duke Realty (DRE)Source: Shutterstock Dividend Yield: 2.7%Duke Realty (NYSE:DRE) has been around since 1972, and has about 155 million square feet of industrial rental space in 20 key logistical markets in the U.S.It has warehouse properties in many of the major U.S. ports, which provides for solid, regular business. And because of its longevity, it has snapped up some of the best locations for its properties, giving it the ability to keep its properties busy, regardless of the economic cycles.As I always say in Growth Investor, the United States is the oasis around the world, so many of the best investments are here. Plus, since it has properties all across the U.S., it can avoid any regional downturns. And to further insulate it from market cycles, it also owns and manages medical office properties, which is another key growth area.It has a $13 billion market cap, so it's big, but not massive. And it has been in the business for a long time, so it knows what it's doing -- and is doing it well.The stock is up 30% in the last 12 months, and it delivers a respectable 2.7% dividend. Armada Hoffler Properties (AHH)Source: Shutterstock Dividend Yield: 4.6%Armada Hoffler Properties (NYSE:AHH) is a geographically focused REIT, with a variety of properties in the Mid-Atlantic region of the U.S.Currently it has over 50 properties, with 36 of them in Virginia. Remember, Virginia has two significant population centers. It surrounds Washington, DC -- which includes the Pentagon as well as Amazon's new HQ2 -- and even more densely populated is the Tidewater area, where there is one of the biggest naval shipyards in the world as well as significant military bases.Both these areas are booming. And AHH's mix of properties -- from multi-family housing to office buildings to student housing -- allow it to take advantage of the growth in these states.And since it's focused and has been around for more than 40 years, it knows its region very well, which helps when it comes to selling properties and buying new ones.Up 23% in the last 12 months, it delivers a lush 4.6% dividend. Arbor Realty Trust (ABR)Source: Pavel Kapysh / Shutterstock.com Dividend Yield: 7.9%Arbor Realty Trust (NYSE:ABR) has been one of my favorite REITs for a long time.It's not that big -- about $1.6 billion in market cap -- but it has a relatively new model that has been working well over the years.It doesn't own properties. It originates the financing on properties. And it focuses on some of the best sectors in the markets today -- healthcare, senior housing, multi-family housing and other commercial properties.By not taking ownership of the properties, its only risk is making sure the organizations it helps develop are reliable and the business looks sustainable.Having been around since 2003, it means the company survived the 2008 real estate market implosion. That's a good sign it knows what it's doing moving forward.The stock is up 29% in the past year and it delivers a whopping 7.9% dividend, yet it trades with a trailing P/E of 10. Between its growth and income prospects, ABR is a top candidate for my Money Magnets strategy. PennyMac Mortgage Investment Trust (PMT)Source: Shutterstock Dividend Yield: 8.3%PennyMac Mortgage Investment Trust (NYSE:PMT) is similar to ABR in the sense that it focuses on the origination of loans and not the ownership of property outright.The difference is, PMT focuses on the residential market. It does mortgages and mortgage-related loans (like refinancing and home equity lines).Now that rates will remain low and the economy is showing some stability, this is a good time for the housing market. Plus, as Gen Xers start to pay off their student debt and begin to start families, they'll be a driving force in the housing market in coming years.The stock is up 17% in the past year and has a very rich 8.3% dividend yield. But PMT stock has a trailing P/E of just 9. Even if the markets just edge higher slowly, this is a lot better than sticking extra cash in a CD. 'Money Magnets': The Best Dividend Growth Stocks AroundWhatever your portfolio size and goals, you'll also want to look at the group of stocks I've nicknamed the Money Magnets.Not only did these stocks earn an "A" in my Portfolio Grader, thanks to strong buying pressure and great fundamentals …The stocks also earn an "A" in my Dividend Grader. These stocks are able to pay great yields -- and have the strong business model to back it up.All in all, I've got 28 strong dividend growth stocks for you now in Growth Investor -- averaging 4% yields -- far more than the S&P 500 or even a Treasury bond. These stocks are poised to do well as we continue to see international capital flow to the U.S. markets. Click here to see how I found these stocks, and how you can get great performance out of YOUR portfolio -- come what may.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 15 Stocks to Buy in 2020 * The 7 Most Important Companies That Didn't Survive the 2010s * 4 Mega-Tech Stocks Reaching for the Sky The post 7 Inflation-Beating REITs to Ground Your Income Portfolio appeared first on InvestorPlace.

  • American City Business Journals

    Broward Commission to vote on 3 big developments

    The Broward County Commission will vote on three significant developments for the first time at its Jan. 7 meeting. All of those projects are in Pompano Beach, one of the fastest-growing cities in the county. The Housing Authority of Pompano Beach plans to build 102 affordable units on a 20.5-acre site that covers both sides of Northwest Sixth Avenue, from Northwest 16th Street to Northwest 17th Street.

  • Can You Imagine How First Industrial Realty Trust's (NYSE:FR) Shareholders Feel About The 99% Share Price Increase?
    Simply Wall St.

    Can You Imagine How First Industrial Realty Trust's (NYSE:FR) Shareholders Feel About The 99% Share Price Increase?

    Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying...

  • The Zacks Analyst Blog Highlights: CBRE, Prologis, Duke Realty, First Industrial and EastGroup
    Zacks

    The Zacks Analyst Blog Highlights: CBRE, Prologis, Duke Realty, First Industrial and EastGroup

    The Zacks Analyst Blog Highlights: CBRE, Prologis, Duke Realty, First Industrial and EastGroup

  • Bet on These 4 Industrial REITs Despite No Rate Cut by Fed
    Zacks

    Bet on These 4 Industrial REITs Despite No Rate Cut by Fed

    REITs' business usually buoys up on a stepped-up economy and job scenario. With individual market dynamics playing key role in shaping returns, favorable conditions pump up chances of further growth.

  • Hedge Funds Love Capri Holdings Limited (CPRI) Way More Than These 3 Stocks
    Insider Monkey

    Hedge Funds Love Capri Holdings Limited (CPRI) Way More Than These 3 Stocks

    Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 of 2018 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat […]

  • Complete Your Black Friday Shopping With These 4 REITs
    Zacks

    Complete Your Black Friday Shopping With These 4 REITs

    As consumers are expected to splurge this holiday season amid healthy labor market and high consumer confidence, don't forget to add some REIT stocks that house retailers or support e-retailing.

  • Maker of Kinder, Nutella opens large distribution center in Central Pa.
    American City Business Journals

    Maker of Kinder, Nutella opens large distribution center in Central Pa.

    Ferrero owns 100Grand, Butterfinger and Crunch and will use the new facility to drive growth in the U.S.

  • 7 Triple-A Stocks to Buy in November
    InvestorPlace

    7 Triple-A Stocks to Buy in November

    There continues to be an interesting tension in the markets.As we saw yesterday, the U.S. economy is slowing -- GDP is estimated to be 1.9% in the third quarter. And the Federal Reserve has once again stepped in to help boost spending and borrowing.But on the other hand, stocks seem unstoppable. They continue to rise, with the major indices teasing new highs. This odd combination is happening everywhere. Germany's economy is slow yet its stock index is up. It's the same with China.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere is a sense of optimism as we head into the historically strongest quarter of the year that the consumer will be there to keep the fires lit until business and global trade get back to normal.However, I still think it's smart to own and buy the best stocks the market has to offer. And those are the ones that meet my strict criteria for growth investments with the best profit potential. * 7 Stocks to Buy in November So, I dug through my Portfolio Grader, and the seven triple-A stocks to buy in November below, represent exactly that. Triple-A Stocks to Buy: AppFolio (APPF)Source: Pavel Kapysh / Shutterstock.com AppFolio (NASDAQ:APPF) is a cloud-based software provider that focuses on small- to medium-sized property management and legal businesses.This is a great market, given the fact that this is where much of the business lies around the U.S. It's certainly nice to work with enterprise-level businesses, since you don't need as many clients.But the world where APPF operates is where the growth is. While big organizations look to stay lean and mean, many professionals can now spin off their own businesses and take clients that are too small for the bigger firms to deal with.Having APPF software to help manage those businesses is a great competitive advantage.The company reported earnings a few days ago; they were up 75% over consensus estimates. Last quarter, earnings were up 490% over estimates. There seems to be a trend forming.The stock is up 66% year-to-date, and there's still plenty of headroom, even if the economy slows. First Industrial Realty Trust (FR)Source: Shutterstock First Industrial Realty Trust (NYSE:FR) is a real estate investment trust that specializes in warehouses and light industrial properties.This sector of the market is especially strong as e-commerce grows.Now that more and more things are delivered to our doors, it means having staging areas that are strategically placed for retailers and wholesalers is crucial.And light industrial is just the kind of location where many small businesses start their operations, whether it's a brewery, landscaping service or a computer networking shop.What's more, low interest rates make it better for FR to finance new places and refinance existing buildings at lower rates. * 7 Dividend Stocks That Could Struggle to Continue Payout Hikes FR stock is up 46% year-to-date and delivers a solid 2.2% dividend. Given the persistent low-interest-rate environment, high-quality dividend growth stocks are so popular that I've nicknamed them the Money Magnets. PennyMac Financial Services (PFSI)Source: Shutterstock PennyMac Financial Services (NYSE:PFSI) is in the mortgage banking and servicing business. Basically it buys and trades mortgages as well as services them.In today's market, with rates as low as they are and consumers feeling confident, this is a good sector to be in.This is almost better than being in the REIT sector since PFSI doesn't hold any properties -- just the mortgages. In case there's a recession or the value of properties tank, PFSI doesn't have to deal with devaluing those assets.Its only risk in a downturn would be servicing the loans. And even then, it could sell off riskier loans if it sees trouble coming.The stock is up 45% year-to-date, since this sector is a big beneficiary of lower interest rates. But it doesn't offer a dividend like REITs in the sector; it's growth focused. Collectors Universe (CLCT)Source: Shutterstock Collectors Universe (NASDAQ:CLCT) is an interesting -- and niche -- brand that has earned a foothold in the quickly growing collectibles business.It is one of the country's largest verification sources for collectibles like autographs, coins, trading cards and similar items.For example, say you take your childhood baseball cards into a card or collectibles shop. They find a couple that show promise. They may buy them off you or suggest that you send them to CLCT to be verified for authenticity and value.Then, if you resell them, you have a certificate that proves their authenticity, which increases their value and makes the sale easier. With online auctions growing in popularity, this service is growing as well. It might sound like a niche market, but it's a great business model in a growth market, which is one of the proven hallmarks of successful stocks. * 10 Stocks to Buy Regardless of Q3 Earnings The stock is up 150% year-to-date, yet has a trailing price-to-earnings ratio of a mere 25.5 times. Plus CLCT stock delivers a nearly 2.4% dividend. Carlyle Group (CG)Source: Casimiro PT / Shutterstock.com Carlyle Group (NASDAQ:CG) just released its third-quarter numbers this morning. It beat earnings by a penny and also beat on revenue, although revenue was down slightly from the same quarter last year.But that's to be expected, since this private equity firm, or alternative global asset manager, has clients around the world. And big clients at that. Wealthy people like former U.S. presidents, Saudi Arabia's royal family and other powerful individuals make up a large portion of its clientele.It has been around a long time and is well positioned to find long-term opportunities around the globe. Right now, the global slowdown depresses its earnings but also makes it a good time to shop for investments.CG stock is up 74% year-to-date (and still has a trailing P/E of 11.4). The company also delivers an impressive 6.3% dividend. This is a classic long-term total return play. Rent-A-Center (RCII)Source: dennizn / Shutterstock.com Rent-A-Center (NASDAQ:RCII) is becoming quite the business.Not only does it have over 2,000 stores across the U.S. and Puerto Rico, but it also has operations in Canada and Mexico. It also has a $1.4 billion market capitalization at this point.RCII basically has rent-to-own stores that focus on durable goods, from furniture to computers. And one of its biggest moves recently is opening financing centers in third-party stores.This is a big deal because financial institutions see this kind of "checkout financing" as one of the big new waves in retail.Also remember that RCII runs its own financing shop, meaning it is making money off the financing as well as the sales. In a low-rate environment, financing higher-risk customers, the margins start to grow. That's one of the key factors I use to find top-notch growth investments. * 7 AI Stocks to Buy to Profit from the Recent Tech Correction It's no surprise the stock is up 84% in the 12 months, yet still has a trailing P/E of 12.4. Crown Crafts (CRWS)Source: Shutterstock Crown Crafts (NASDAQ:CRWS) is perfect for investors looking for a small stock that is going to be there year in and year out, delivering growth and a solid dividend.CRWS makes infant, toddler and juvenile clothes and accessories. And it has been doing that since 1957. It's one of the largest infant product manufacturers in the world.Its market cap is just $60 million, but it has wholesale and retail relationships with everyone including Disney (NYSE:DIS), Target (NYSE:TGT), Walmart (NYSE:WMT), Amazon (NASDAQ:AMZN), Carter's (NYSE:CRI), Nautica, and the list goes on. It's very likely that if you have children, you have wrapped them or clothed them in a CRWS outfit or two.The stock is up 14% over the last 12 months and it delivers a healthy 5.3% dividend. It also just announced today that it is going to distribute a special dividend that is equivalent to around 16% for shareholders of record on Dec. 13. Why Dividend Growth Stocks Are So Important NowThese days, the global bond market is just going haywire: We've got falling and even negative yields overseas. But as investors retreat to U.S. Treasurys it's causing bizarre effects here, too. Just look at what happened this summer, when the two-year Treasury actually began to yield MORE than the 10-year Treasury.And even the 30-year Treasury can't be relied upon for good yield anymore. In August, its yield dropped below 2% for the first time ever.So -- whether you're managing big institutional cash, or your own portfolio -- you'll also want to look at the group I sometimes call the Money Magnets.Not only did these stocks earn an "A" in my Portfolio Grader tool, thanks to strong buying pressure and great fundamentals …The stocks also earn an "A" in my Dividend Grader tool. These stocks are able to pay great yields -- and have the strong business model to back it up.All in all, I've got 28 strong dividend growth stocks for you now, and one more coming, in Growth Investor … almost all of which yield more than the S&P 500. These stocks are poised to do well as we continue to see international capital flow to the U.S. markets. Click here to see how I found these stocks, and how you can get great performance out of YOUR portfolio -- come what may.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Buy-and-Hold Stocks to Play Investing's Biggest Trends * 7 Stocks to Buy in November * 5 Strong Buy Stocks Under $5 With Massive Upside Potential The post 7 Triple-A Stocks to Buy in November appeared first on InvestorPlace.

  • Here's Why First Industrial Realty Trust (FR) is a Great Momentum Stock to Buy
    Zacks

    Here's Why First Industrial Realty Trust (FR) is a Great Momentum Stock to Buy

    Does First Industrial Realty Trust (FR) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Thomson Reuters StreetEvents

    Edited Transcript of FR earnings conference call or presentation 24-Oct-19 4:00pm GMT

    Q3 2019 First Industrial Realty Trust Inc Earnings Call

  • First Industrial Realty Trust (FR) Surpasses Q3 FFO and Revenue Estimates
    Zacks

    First Industrial Realty Trust (FR) Surpasses Q3 FFO and Revenue Estimates

    First Industrial Realty Trust (FR) delivered FFO and revenue surprises of 2.33% and 0.42%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Hedge Funds Have Never Been More Bullish On First Industrial Realty Trust, Inc. (FR)
    Insider Monkey

    Hedge Funds Have Never Been More Bullish On First Industrial Realty Trust, Inc. (FR)

    Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]

  • Is First Industrial Realty Trust, Inc.'s (NYSE:FR) 2.3% Dividend Worth Your Time?
    Simply Wall St.

    Is First Industrial Realty Trust, Inc.'s (NYSE:FR) 2.3% Dividend Worth Your Time?

    Today we'll take a closer look at First Industrial Realty Trust, Inc. (NYSE:FR) from a dividend investor's...

  • Why First Industrial Realty Trust (FR) is a Great Dividend Stock Right Now
    Zacks

    Why First Industrial Realty Trust (FR) is a Great Dividend Stock Right Now

    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? Let's find out.

  • Why First Industrial Realty Trust (FR) is a Top Dividend Stock for Your Portfolio
    Zacks

    Why First Industrial Realty Trust (FR) is a Top Dividend Stock for Your Portfolio

    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? Let's find out.

  • Is First Industrial Realty Trust, Inc. (NYSE:FR) Overpaying Its CEO?
    Simply Wall St.

    Is First Industrial Realty Trust, Inc. (NYSE:FR) Overpaying Its CEO?

    Peter Baccile has been the CEO of First Industrial Realty Trust, Inc. (NYSE:FR) since 2016. First, this article will...

  • This is Why First Industrial Realty Trust (FR) is a Great Dividend Stock
    Zacks

    This is Why First Industrial Realty Trust (FR) is a Great Dividend Stock

    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? Let's find out.

  • Have Insiders Been Selling First Industrial Realty Trust, Inc. (NYSE:FR) Shares This Year?
    Simply Wall St.

    Have Insiders Been Selling First Industrial Realty Trust, Inc. (NYSE:FR) Shares This Year?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

  • First Industrial Realty Trust (FR) is a Top Dividend Stock Right Now: Should You Buy?
    Zacks

    First Industrial Realty Trust (FR) is a Top Dividend Stock Right Now: Should You Buy?

    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? Let's find out.

  • Thomson Reuters StreetEvents

    Edited Transcript of FR earnings conference call or presentation 25-Jul-19 4:00pm GMT

    Q2 2019 First Industrial Realty Trust Inc Earnings Call