FR · First Industrial Realty Trust Inc

Track FR — free

$58.04 -0.14 (-0.24%)

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$7.74B

132.57M

Volume · Oct 8 38.36K Avg daily vol (3M) 1.05M

Up next

Next earnings release

Oct 21, 2026 Announced · in 2 wks

Next earnings call

Oct 22, 2026 Scheduled · in 2 wks

Latest filing: 10-Q

filed Jul 23, 2026

Q2 2026 earnings call transcript

call held Jul 23, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$759.61M

Trailing 12 months

Net income (TTM)

$359.57M

Trailing 12 months

Revenue growth YoY

+8.2%

Year over year

Operating margin

—

Trailing 12 months

P / E (TTM)

21.5

Trailing earnings · reciprocal yield 4.6%

FCF yield

—

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

—

Latest balance sheet

Dividend yield

3.3%

Trailing 12 months

Shares change YoY

+0.1%

Year over year · more shares

Price change (1Y)

+14.9%

Trailing year

Short interest

3.4%

Latest settlement · 5.7 days to cover

View all 115 metrics

AI Brief

Q2 FY26 earnings call · Jul 23, 2026

Q2 FY26

TL;DR. First Industrial reported Q2 results with 6.7% cash same-store NOI growth, 39% cash rental rate gains, and raised 2026 FFO guidance by $0.02 at the midpoint, while in-service occupancy was 94.9% and SS NOI guidance midpoint increased 25 bps to 5.25%-6.25%.

Bullish

+ Cash rental rates on commenced new and renewal leasing increased 39% in Q2, with 39% on leases signed to date commencing in 2026.
+ Cash basis same-store NOI before termination fees grew 6.7% in Q2.
+ Raised 2026 FFO guidance by $0.02 per share at the midpoint.
+ Raised SS NOI growth guidance by 25 bps at the midpoint to 5.25%-6.25%.
+ Leased 100% of the 708,000 SF Central Pennsylvania facility plus several full-building development deals.
+ Commenced development of First Park New Castle Building A, a 613,000 SF facility with $77 million estimated investment.

Bearish

− Q2 SS NOI growth was partially offset by lower average occupancy.
− $5.6 million of advisory costs related to a contested proxy campaign were recognized in Q1 2026.

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

Equibles Rating

blended score · not investment advice

Overall

Neutral

SellHoldBuy

Technical Sell Momentum Very Weak Sentiment Neutral Fundamentals Strong Quant / Vol Very Low

Market backdrop VIX 15.1 · calm Equity put/call 0.63

Technical

price trend

Sell

50 / 200-day cross No cross

Price vs 200-day avg −5%

below

Price vs 50-day avg −6%

below

RSI (14) 27

oversold

MACD trend Negative

52-week position 43%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Weak

1-month return −5%

trailing

6-month return −7%

trailing

YTD return +2%

this year

Relative strength −18%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $62 › 200d $61 — 50d above 200d

Institutional flow Accumulating

9 of 490 funds reported for Sep 30 · net +4.0K sh shares · +2 new

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

3.41% of float · ▲ +9.6% MoM · 5.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

490 holders — near 3-yr high, broad support

Squeeze score 51

elevated · 0–100

Fundamentals

Strong

Revenue growth +9%

Y/Y

EPS growth −14%

Y/Y

Valuation P/E 21.2

below peers

Buyback $250.0M

authorized

Balance sheet $1.3B

net debt

Quant / Vol

risk profile

Very Low

Volatility 19%

annualized · 1-yr

Max drawdown −16%

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

what management promised — and delivered

Latest guidance · from the Earnings Call filed Jul 23, 2026

NAIRED FFO per share · 2026 Non-GAAP $3.08 – $3.16

FFO per share excluding the 4 cents per share of advisory costs · 2026 Non-GAAP $3.12 – $3.20

Average quarter-end in-service occupancy · 2026 94% – 95%

Cash same-store NOI growth before termination fees · 2026 5.25% – 6.25%

GNA expense · 2026 $42M – $43M

Cash rental rate increase for 2026 commencements · 2026 35% – 40%

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

Technicals

trend & momentum for long-term holders Sell

3 · 4 · 0

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−5% Bearish

Price vs 50-day avg

−6% Bearish

RSI (14)

27 Neutral

MACD trend

Negative Bearish

52-week position

43% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bullish · 2 of 6

Trend (MA cross) No cross

50d $62 › 200d $61 — 50d above 200d

Institutional flow Accumulating

9 of 490 funds reported for Sep 30 · net +4.0K sh shares · +2 new

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

3.41% of float · ▲ +9.6% MoM · 5.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

490 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $50 Now $58 · 43% Range high $69

vs 200-day avg -5% vs 50-day avg -6%

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
average daily occupancy rate of our same store properties	94.2%	the three months ended June 30, 2026 filing	—
Development / Acquisition Leases Net Rent Per Square Foot	$13.23	the three months ended June 30, 2026 filing	—
Development / Acquisition Leases Square Feet Commenced	521K	the three months ended June 30, 2026 filing	—
Funds from Operations Available to First Industrial Realty Trust, Inc.'s Common Stockholders and non-GAAP	$108.1M	the three months ended June 30, 2026 filing	—
Net Rent Per Square Foot	$10.3	the three months ended June 30, 2026 filing	—
New Leases Net Rent Per Square Foot	$9.18	the three months ended June 30, 2026 filing	—
New Leases Square Feet Commenced	1.11M	the three months ended June 30, 2026 filing	—
New Leases Straight Line Basis Rent Growth	63.4%	the three months ended June 30, 2026 filing	—
Number of Leases Commenced	47	the three months ended June 30, 2026 filing	—
Renewal Leases Net Rent Per Square Foot	$10.02	the three months ended June 30, 2026 filing	—
Renewal Leases Square Feet Commenced	1.01M	the three months ended June 30, 2026 filing	—
Same Store Net Operating Income non-GAAP	$134.47M	the three months ended June 30, 2026 filing	—
Same Store Net Operating Income (Cash Basis without Termination Fees) non-GAAP	$134.47M	the three months ended June 30, 2026 filing	—
Same Store Net Operating Income Before Same Store Adjustments non-GAAP	$136.95M	the three months ended June 30, 2026 filing	—
Square Feet Commenced	2.64M	the three months ended June 30, 2026 filing	—
Square Feet of GLA sold	0.3M	the three months ended June 30, 2026 filing	—
Straight Line Basis Rent Growth	60.2%	the three months ended June 30, 2026 filing	—
weighted average interest rate	4.23%	the three months ended June 30, 2026 filing	—
Weighted Average Lease Term	7.9	the three months ended June 30, 2026 filing	—
Weighted Average Tenant Retention	54.6%	the three months ended June 30, 2026 filing	—

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	$7.74B	+1.6%	+8.6%	21.2	3.4%
PLD Prologis, Inc.	$118.69B	-0.3%	+7.2%	32.1	2.0%
PSA Public Storage	$49.52B	+8.7%	+2.7%	26.9	3.5%
EXR Extra Space Storage Inc.	$28.29B	+1.1%	+3.7%	29.6	2.3%
EGP Eastgroup Properties Inc	$10.53B	+7.0%	+12.7%	34.4	5.5%

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

492

% held: 100.4%
Reported: 9 of 490
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

490

View

Short & Settlement

Short Interest Rising

Shares short

4.5M

Days to cover: 5.7d
Change: +394.5K sh

View

Short Volume

Short vol %

51%

As of: Oct 7, 2026

Short Total

View

Fails to Deliver

FTD shares

Value: $2.0K
As of: Sep 14, 2026

View

Off-Exchange

Off-exchange %

42.4%

Week of: Aug 31, 2026

Off-exch Lit

View

Smart Money

Congressional Trades Sell

Member

Lisa McClain

Amount: $1.0K–$15.0K
Traded: Aug 4, 2025

View

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

Webcasts Upcoming

Next webcast

Oct 22, 2026

Last webcast: Jul 23, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
FR	-2.3%	-4.6%	-6.8%	-2.3%	+1.6%
SPY	+1.9%	+1.9%	+10.8%	+1.9%	+14.0%
vs SPY	-4.2%	-6.5%	-17.5%	-4.2%	-12.4%

Capital returns

Latest dividend

$0.50 / share · ex Sep 30, 2026

Raised 12.4%

Paid (TTM)

$1.945 / share · 4 payouts

Dividend yield (TTM, derived)

3.34%

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) 14 filings 14 filers Visit website Investor relations

FR · First Industrial Realty Trust Inc

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns