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First Industrial Realty Trust To Host First Quarter 2024 Results Conference Call On April 18
PRNewswire (Wed, 20-Mar 4:19 PM ET)
First Industrial Realty Trust To Present At Citi's 2024 Global Property CEO Conference
PRNewswire (Thu, 29-Feb 5:59 PM ET)
First Industrial Realty Trust Announces Annual Meeting of Stockholders and Record Date
PRNewswire (Thu, 15-Feb 4:20 PM ET)
First Industrial Realty Trust Reports Fourth Quarter and Full Year 2023 Results
PRNewswire (Wed, 7-Feb 4:29 PM ET)
First Industrial Realty Trust Reports Tax Treatment of Common Stock Distributions
PRNewswire (Fri, 19-Jan 4:28 PM ET)
PRNewswire (Wed, 17-Jan 4:15 PM ET)
Robert Denton Elected as Chairman of the Board of Trustees
Business Wire (Fri, 5-Jan 8:00 AM ET)
First Industrial Realty Trust is a real estate investment trust which which owns, manages, acquires, sells, develops and redevelops industrial real estate. First Industrial's real estate portfolio is primarily 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 the largest share of First Industrial's holdings, bulk warehouses make up most 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.
First Industrial Realty Trust trades on the NYSE stock market under the symbol FR.
As of March 28, 2024, FR stock price climbed to $52.49 with 34,113 million shares trading.
FR has a beta of 1.29, meaning it tends to be more sensitive to market movements. FR has a correlation of 0.41 to the broad based SPY ETF.
FR has a market cap of $6.94 billion. This is considered a Mid Cap stock.
In the last 3 years, FR stock traded as high as $66.74 and as low as $40.44.
The top ETF exchange traded funds that FR belongs to (by Net Assets): VNQ, VTI, IJH, VB, VBR.
FR has underperformed the market in the last year with a price return of +6.1% while the SPY ETF gained +33.7%. FR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.1% and -0.2%, respectively, while the SPY returned +10.2% and +1.8%, respectively.
FR support price is $51.47 and resistance is $52.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FR stock will trade within this expected range on the day.