First Industrial Realty Trust (FR) Projected to Release Earnings on Wednesday

First Industrial Realty Trust (NYSE:FR) is anticipated to post its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to post earnings of $0.4735 per share and revenue of $196.29 million for the quarter. First Industrial Realty Trust has set its FY 2026 guidance at 3.120-3.200 EPS. Parties may visit the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

First Industrial Realty Trust (NYSE:FR) last announced its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.22). The firm had revenue of $194.94 million for the quarter, compared to analysts’ expectations of $195.81 million. First Industrial Realty Trust had a net margin of 47.97% and a return on equity of 12.99%. The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.76 EPS. On average, analysts expect First Industrial Realty Trust to post $3.17 EPS for the current fiscal year and $3.45 EPS for the next fiscal year.

First Industrial Realty Trust Trading Down 0.9%

Shares of FR opened at $58.21 on Tuesday. The stock has a market capitalization of $7.72 billion, a P/E ratio of 19.39 and a beta of 1.03. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.89. The firm has a fifty day simple moving average of $61.25 and a two-hundred day simple moving average of $62.36. First Industrial Realty Trust has a twelve month low of $54.23 and a twelve month high of $69.88.

First Industrial Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 19th. Shareholders of record on Wednesday, September 30th were given a $0.50 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. First Industrial Realty Trust’s payout ratio is presently 72.99%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on FR. Barclays upped their price objective on shares of First Industrial Realty Trust from $64.00 to $69.00 and gave the company an “equal weight” rating in a research note on Thursday, July 16th. Robert W. Baird increased their target price on shares of First Industrial Realty Trust from $71.00 to $74.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Wells Fargo & Company raised their target price on First Industrial Realty Trust from $61.00 to $66.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 1st. Weiss Ratings downgraded First Industrial Realty Trust from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, September 8th. Finally, Truist Financial boosted their price target on First Industrial Realty Trust from $67.00 to $73.00 and gave the company a “buy” rating in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $67.43.

First Industrial Realty Trust Company Profile

First Industrial Realty Trust, Inc (NYSE: FR) is a real estate investment trust focused on the ownership, management, acquisition, development and redevelopment of industrial properties in the United States. Its portfolio primarily serves businesses that require space for distribution, warehousing, manufacturing, light industrial operations and other logistics-related activities.

The company leases its properties to a diverse group of tenants, including retailers, manufacturers, logistics providers and third-party distribution companies.