First Industrial Realty Trust Inc FR
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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First Industrial Realty Trust Reports First Quarter 2024 Results
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First Industrial Realty Trust To Host First Quarter 2024 Results Conference Call On April 18
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First Industrial Realty Trust To Present At Citi's 2024 Global Property CEO Conference
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First Industrial Realty Trust Announces Annual Meeting of Stockholders and Record Date
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First Industrial Realty Trust Reports Fourth Quarter and Full Year 2023 Results
Trading Information
- Previous Close Price
- $45.80
- Day Range
- $45.78–46.62
- 52-Week Range
- $40.44–55.23
- Bid/Ask
- $44.98 / $73.88
- Market Cap
- $6.15 Bil
- Volume/Avg
- 1.0 Mil / 1.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 38.22
- Price/Sales
- 9.81
- Dividend Yield (Trailing)
- 2.90%
- Dividend Yield (Forward)
- 3.23%
- Total Yield
- 2.86%
Company Profile
First Industrial Realty Trust Inc is a real estate investment trust that owns, manages, acquires, sells, develops, and redevelops industrial real estate. First Industrial's real estate portfolio is comprised of light industrial properties, which are split between industrial and office space, and bulk warehouse properties generally located in business parks near transportation hubs. While light industrial buildings represent a share of First Industrial's holdings, bulk warehouses make up the majority of its portfolio's square footage. The company derives the vast majority of its revenue from rental income tied to medium-term leases. First Industrial's customers include manufacturing, retail, wholesale trade, distribution, and professional services companies.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Stock Style Box
- Small Core
- Total Number of Employees
- 156
- Website
- https://www.firstindustrial.com
Comparables
Valuation
|
Metric
|
FR
|
INRE
|
AIV
|
|---|---|---|---|
Price/Earnings (Normalized) | 38.22 | — | — |
Price/Book Value | 2.37 | 0.99 | 3.12 |
Price/Sales | 9.81 | 2.70 | 5.96 |
Price/Cash Flow | 19.15 | 9.45 | 19.68 |
Price/Earnings
FR
INRE
AIV
Financial Strength
|
Metric
|
FR
|
INRE
|
AIV
|
|---|---|---|---|
Quick Ratio | 0.41 | 1.57 | 2.21 |
Current Ratio | 0.83 | 1.59 | 2.39 |
Interest Coverage | 4.53 | 0.64 | −3.77 |
Quick Ratio
FR
INRE
AIV
Profitability
|
Metric
|
FR
|
INRE
|
AIV
|
|---|---|---|---|
Return on Assets (Normalized) | 5.64% | −1.06% | −6.85% |
Return on Equity (Normalized) | 11.43% | −3.38% | −30.40% |
Return on Invested Capital (Normalized) | 7.54% | 2.11% | −6.36% |
Return on Assets
FR
INRE
AIV
REIT - Industrial Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
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SEGXF
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REXR
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CUBE
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EGP
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COLD
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STAG
| Stag Industrial Inc | — | Qvdc | $6.3 Bil |