Latest FR news and sentiment

First Industrial Realty Trust, Inc. $FR Shares Acquired by California State Teachers Retirement System

California State Teachers Retirement System recently reduced its stake in First Industrial Realty Trust ($FR) by 0.5%, though institutional ownership remains high at 99.85%. Despite missing quarterly EPS estimates, the company reported 8.2% year-over-year revenue growth and declared a quarterly dividend of $0.50 per share, offering a 3.3% yield. Analysts maintain a "Moderate Buy" rating with an average price target of $67.43.

Is First Industrial Realty Trust (FR) Undervalued As Rental Growth Faces More Scrutiny?

Squarepoint Ops LLC Buys 59,168 Shares of First Industrial Realty Trust, Inc. $FR

Squarepoint Ops LLC increased its stake in First Industrial Realty Trust, Inc. (NYSE:FR) by 161% in the second quarter, acquiring an additional 59,168 shares, bringing its total to 95,916 shares valued at $5.88 million. The real estate investment trust reported mixed financial results, with Q2 EPS of $0.58 missing consensus estimates but revenue rising 8.2% year-over-year. Analysts currently hold a "Moderate Buy" rating for FR with an average price target of $67.43.

69,677 Shares in First Industrial Realty Trust, Inc. $FR Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

Virginia Retirement Systems acquired 69,677 shares of First Industrial Realty Trust ($FR) for approximately $4.27 million in Q2, with institutional investors collectively owning 99.85% of the REIT. Analysts maintain a "Moderate Buy" rating with an average price target of $67.43, despite the company reporting Q2 EPS of $0.58, missing consensus estimates of $0.80. First Industrial Realty Trust also declared a quarterly dividend of $0.50 per share, offering a 3.3% annualized yield.

Jupiter Topco LLC Takes $3.71 Million Position in First Industrial Realty Trust, Inc. $FR

Jupiter Topco LLC has acquired a new stake of 60,571 shares in First Industrial Realty Trust, Inc., valued at approximately $3.71 million. This comes as First Industrial Realty Trust reported mixed Q2 2026 results with an 8.2% revenue increase year-over-year but an EPS of $0.58, missing analyst estimates of $0.80. Analysts maintain a "Moderate Buy" rating for the REIT with an average price target of $67.43.

Legal & General Group Plc Buys Shares of 699,998 First Industrial Realty Trust, Inc. $FR

Legal & General Group Plc recently purchased 699,998 shares of First Industrial Realty Trust, Inc. (NYSE:FR), valued at approximately $42.9 million, giving them a 0.53% stake in the company. Institutional investors collectively hold 99.85% of the REIT, and analysts generally maintain a "Moderate Buy" rating with an average price target of $67.07. First Industrial Realty Trust reported Q2 revenue of $194.94 million, an 8.2% year-over-year increase, but missed EPS estimates with $0.58 per share and declared a quarterly dividend of $0.50, representing a 3.2% annualized yield.

Caisse de depot et placement du Quebec Acquires New Shares in First Industrial Realty Trust, Inc. $FR

First Industrial Realty Trust (FR) Upgraded to Buy: Here's What You Should Know

First Industrial Realty Trust (FR) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in its earnings estimates. This upgrade suggests a positive outlook for the company's earnings, which could lead to increased stock price and buying pressure. The Zacks Rank system, which correlates earnings estimate revisions with stock price movements, indicates that FR is well-positioned for near-term market-beating returns.

Bank of New York Mellon Corp Purchases Shares of 1,044,562 First Industrial Realty Trust, Inc. $FR

Bank of New York Mellon Corp has acquired 1,044,562 shares of First Industrial Realty Trust, Inc. (NYSE:FR) in the second quarter, representing a 0.79% stake valued at approximately $64 million. The real estate investment trust has strong institutional ownership at 99.85% and a consensus "Moderate Buy" rating from analysts with an average target price of $67.07. Despite missing EPS estimates in its latest earnings report, the company saw an 8.2% year-over-year revenue increase and declared a quarterly dividend of $0.50 per share.

Adelante Capital Management LLC Acquires Shares of 576,611 First Industrial Realty Trust, Inc. $FR

EP Wealth Advisors LLC Buys Shares of 16,056 First Industrial Realty Trust, Inc. $FR

EP Wealth Advisors LLC has acquired 16,056 shares of First Industrial Realty Trust, Inc. (NYSE:FR) during the second quarter, a stake valued at approximately $984,000. Institutional investors now hold 99.85% of the REIT's stock. The company maintains a "Moderate Buy" consensus rating from analysts, despite missing earnings estimates in its last quarterly report, and has declared a quarterly dividend of $0.50 per share.