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FR · First Industrial Realty Trust Inc

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$62.76 +0.39 (+0.63%) At close · Aug 19
Market Cap
$8.32B
Shares
132.57M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$62.76 Open$62.50 Day$62.33–62.90 52W close$49.55–68.86 Avg vol 30d1.1M Short int3.8M · 2.9% float · 3.2d Short vol44% Last earningsJul 23, 2026 DataJan 2020–Aug 2026 Filing10-Q · Jul 23

Up next

Next earnings call
Oct 22, 2026 Est · unconfirmed · in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Jul 23, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Neutral Momentum Weak Sentiment Bullish Fundamentals Strong Quant / Vol Very Low
      Market backdrop VIX 14.9 · calm Equity put/call 0.52
      Technical
      price trend
      Neutral
      50 / 200-day cross No cross
      Price vs 200-day avg +3%
      above
      Price vs 50-day avg −2%
      below
      RSI (14) 40
      neutral
      MACD trend Negative
      52-week position 68%
      mid-range
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Weak
      1-month return −7%
      trailing
      6-month return −1%
      trailing
      YTD return +10%
      this year
      Relative strength −13%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $64 › 200d $61 — 50d above 200d
      Institutional flow Accumulating
      +4% holders QoQ · +64 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.90% of float · ▼ -13.1% MoM · 3.2 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      482 holders — near 3-yr high, broad support
      Squeeze score 44
      elevated · 0–100
      Fundamentals
      Strong
      Revenue growth +9%
      Y/Y
      EPS growth −14%
      Y/Y
      Valuation P/E 22.8
      below peers
      Buyback $250.0M
      authorized
      Balance sheet $1.2B
      net debt
      Quant / Vol
      risk profile
      Very Low
      Volatility 20%
      annualized · 1-yr
      Max drawdown −10%
      past year
      ATR 1.9%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the 8-K filed Jul 22, 2026
      Net Income Available to Common Stockholders and Unitholders · Guidance for 2026 $2.48 – $2.56
      NAREIT Funds From Operations · Guidance for 2026 Non-GAAP $3.08 – $3.16
      FFO Before Advisory Costs Related to a Contested Proxy Campaign · Guidance for 2026 Non-GAAP $3.12 – $3.20
      Prior guidance period ended · from the 8-K filed Oct 15, 2025
      NAREIT FFO per share/unit · 2025 $2.94 – $2.98

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Neutral
      1 · 5 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +3% Bullish
      Price vs 50-day avg
      −2% Neutral
      RSI (14)
      40 Neutral
      MACD trend
      Negative Bearish
      52-week position
      68% Neutral
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bullish · 3 of 6
      Trend (MA cross) No cross
      50d $64 › 200d $61 — 50d above 200d
      Institutional flow Accumulating
      +4% holders QoQ · +64 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.90% of float · ▼ -13.1% MoM · 3.2 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      482 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $50 Now $63 · 68% Range high $69
      vs 200-day avg +3% vs 50-day avg -2%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Adjusted EBITDA (d) non-GAAP 256.42M Six Months Ended June 30, 2026
      Adjusted Funds From Operations ("AFFO") (d) non-GAAP 176.45M Six Months Ended June 30, 2026
      Cash Same Store NOI Growth 6.7% Q2 2026
      Funds From Operations ("FFO") (NAREIT) (d) non-GAAP 204.19M Six Months Ended June 30, 2026
      Net Operating Income ("NOI") (d) non-GAAP 288.14M Six Months Ended June 30, 2026
      Same Store NOI (Cash Basis without Termination Fees) (d) non-GAAP 268.47M Six Months Ended June 30, 2026
      Same Store NOI Before Same Store Adjustments (d) non-GAAP 272.8M Six Months Ended June 30, 2026
      Adjusted EBITDA non-GAAP $495.75M Full Year 2025
      GAAP → non-GAAP reconciliation
      GAAP Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participat 247.44M
      +84.89M Interest Expense
      +184.68M Depreciation and Other Amortization of Real Estate
      +2.61M Depreciation and Other Amortization of Real Estate in the Joint Venture (a)
      +1.37M Income Tax Provision - Allocable to FFO (b)
      +16.64M Net Income Attributable to the Noncontrolling Interests
      -372K Equity in FFO from Joint Venture Attributable to the Noncontrolling Interest (a)
      +5.03M Amortization of Debt Issuance Costs
      +634K Depreciation of Corporate FF&E
      -26.91M Gain on Sale of Real Estate
      -34.18M Gain on Sale of Real Estate from Joint Venture (a)
      +13.91M Income Tax Provision - Excluded from FFO (b)
      = Adjusted EBITDA 495.75M
      Adjusted Funds From Operations (AFFO) non-GAAP $333.47M Full Year 2025
      GAAP → non-GAAP reconciliation
      GAAP Funds From Operations ("FFO") (NAREIT) 403.82M
      +20.3M Amortization of Equity Based Compensation
      +816K Amortization of Debt Discounts and Hedge Costs
      +5.03M Amortization of Debt Issuance Costs
      +634K Depreciation of Corporate FF&E
      -22.04M Non-incremental Building Improvements
      -34.64M Non-incremental Leasing Costs
      -12.79M Capitalized Interest
      -8.01M Capitalized Overhead
      -19.65M Straight-Line Rent, Amortization of Above (Below) Market Leases and Lease Inducements
      = Adjusted Funds From Operations ("AFFO") 333.47M
      Cash rental rates on commenced new and renewal leasing excluding fixed-rate renewal 37% Full Year 2025
      Net Operating Income (NOI) non-GAAP $534.97M Full Year 2025
      GAAP → non-GAAP reconciliation
      GAAP Adjusted EBITDA 495.75M
      +41.95M General and Administrative
      -2.73M Equity in FFO from Joint Venture, Net of Noncontrolling Interest (a)
      = Net Operating Income ("NOI") 534.97M
      Same Store NOI (Cash Basis without Termination Fees) non-GAAP $487.62M Full Year 2025

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      REIT - Industrial — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      FR
      First Industrial Realty Trust Inc
      this stock
      $8.32B +9.6% +8.6% 22.8 2.9%
      PLD
      Prologis, Inc.
      $131.04B +10.7% +7.2% 35.4 1.9%
      PSA
      Public Storage
      $57.21B +25.3% +2.7% 31.1 3.2%
      EXR
      Extra Space Storage Inc.
      $31.34B +13.6% +3.7% 32.8 2.2%
      EGP
      Eastgroup Properties Inc
      $10.85B +13.6% +12.7% 35.4 4.4%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      482
      % held
      100.1%
      Net QoQ
      +3.5M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      474
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      3.8M
      Days to cover
      3.2d
      Change
      -582.5K sh
      View
      Short Volume
      Short vol %
      44%
      As of
      Aug 19, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      2
      Value
      $126
      As of
      Jul 7, 2026
      View
      Off-Exchange
      Off-exchange %
      37.9%
      Week of
      Jul 13, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Sell
      Member
      Lisa McClain
      Amount
      $1.0K–$15.0K
      Traded
      Aug 4, 2025
      View
      Financials
      Financials
      Revenue (FY)
      $727.1M
      Net income (FY)
      $247.4M
      EPS diluted
      $1.87
      View
      Buybacks
      Authorized
      $250.0M
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Aug 18, 2026
      This year
      13
      View
      Proposed Sales
      Value
      $393.0K
      Shares
      7.6K
      Filed
      Apr 25, 2023
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jul 23, 2026
      View
      Investor Relations
      Latest news
      First Industrial Declares Common…
      Published
      Aug 13, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      FR -0.9% -7.3% -1.1% -4.7% +9.6%
      SPY -0.4% +2.9% +11.6% +3.0% +12.8%
      vs SPY -0.5% -10.2% -12.7% -7.6% -3.2%

      Capital returns

      Latest dividend
      $0.50 / share · ex Jun 30, 2026
      Declared · upcoming
      $0.50 / share · ex Sep 30, 2026
      Raised 12.4%
      Paid (TTM)
      $1.89 / share · 4 payouts
      Dividend yield (TTM, derived)
      3.01%
      Buyback program · as of Jun 30, 2026
      Authorized
      $250.00M
      Spent (derived)
      Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 921825 CUSIP 32054K103 13F (30d) 443 filings 437 filers Visit website Investor relations