First Industrial Realty Trust, Inc.FR

$61.80+1.10 (+1.81%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$8B
Mid-cap
+166%
2016 — today
10-Year Price
+122%
2016 — today
52-Week Range
$47.58$64.40
Current $61.80· 85%

First Industrial Realty Trust, Inc. (NYSE: FR) is a preeminent, fully integrated real estate firm specializing in the ownership, operation, and development of industrial properties. The company is recognized for its consistent delivery of market-leading customer service to a diverse clientele, encompassing both global corporations and regional businesses. Operating in significant markets throughout the United States, First Industrial's localized teams skillfully acquire, divest, manage, lease, and either develop new or redevelop existing industrial assets. These assets include large-scale distribution centers, regional logistics facilities, light industrial spaces, and other types of industrial properties. As of September 30, 2020, their combined portfolio of owned and actively developed industrial space amounted to roughly 64.1 million square feet.

Valuation in context

P/E ratio
24.0
Below average
Below the 10-year average
P/B ratio
2.9
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
16.4
Near historic low
Near historic low — last 10 years
Dividend Yield
3.0%
Historically high
Historically high relative to the last 10 years
PEG ratio
2.7
Above average
Pricier than usual over the last 10 years
FCF Yield
5.9%
Near historic high
Near historic highs — last 10 years
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