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

First Industrial Realty Trust (NYSE:FR) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 -.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FR. Barclays lowered their target price 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 began coverage on First Industrial Realty Trust in a research report on Tuesday, January 14th. They set a “hold” rating and a $52.00 target price for the company. Finally, KeyCorp raised First Industrial Realty Trust from an “underweight” rating to a “sector weight” rating in a research report on Tuesday, December 17th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $57.38.

First Industrial Realty Trust Stock Performance

FR traded up $0.04 during trading on Wednesday, hitting $53.79. The stock had a trading volume of 1,426,539 shares, compared to its average volume of 900,363. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.11 and a quick ratio of 1.11. The company has a 50 day moving average price of $51.56 and a 200-day moving average price of $53.49. First Industrial Realty Trust has a one year low of $45.10 and a one year high of $57.35. The firm has a market cap of $7.12 billion, a price-to-earnings ratio of 23.09 and a beta of 1.09.

First Industrial Realty Trust (NYSE:FR) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.71 EPS for the quarter, beating the consensus estimate 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, research analysts predict that First Industrial Realty Trust will post 2.64 EPS for the current year.

About First Industrial Realty Trust

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.