- The trend backdrop is active with a 44-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
FR
NYSE
Week ended 24 Jul 2026
Weekly Investor Report
First Industrial Realty Trust Inc · Real Estate · Reit - Industrial
Latest close
66.99 USD
-2.7%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 9.9% above the Trend Line and sits at 87.8% of its 52-week range. The latest completed week returned -2.7%, after a 6.2% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is expensive relative to peers. Options positioning is mixed with 29/100 conviction, while the latest news-sentiment score is 57/100. Near-term considerations: earnings are due in 84d.
Setup score
76
out of 100
Latest Close
66.99 USD
24 Jul 2026
1W Return
-2.7%
latest completed week
4W Return
6.2%
short-term follow-through
12W Return
8.7%
quarterly tape
Trend Breadth
84.6%
44 of 52 weeks active
Volume Ratio
1.1x
vs 13-week average
- 3 reversal markers appear in the recent smart-money tape.
- Latest weekly return ranks in the weaker part of its sector group.
- Price is close to its 52-week high; watch for continuation or exhaustion.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-2.7%
Latest completed week; four-week move 6.2%.
Indicator stack
92/100
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Positive 55.44%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
Options pressure
Mixed
29/100 conviction; expected move 4.4%.
News sentiment
57/100
67 relevant articles in the latest sentiment read.
Event risk
84d
Next report is scheduled for 21 Oct 2026; event risk rises as the date approaches.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is active. Price is 9.9% above the Trend Line and sits at 87.8% of its 52-week range. The latest completed week returned -2.7%, after a 6.2% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.1x the 13-week average. Participation is around or above normal and provides reasonable confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
30 Jan
6 Feb
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.8812-week average 0.80
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure6/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership9/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.88Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers33 reversal markers
No recent accumulation markers. 3 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 6.2% over four weeks, 8.7% over 12 weeks, and 37.8% over one year. The current trend has remained active for 44 consecutive weeks.
Performance by holding period
Active trend streak44 weeks
Active weeks in one year44
Trend breadth84.6%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure1.22Latest activity-pressure read.
Pressure change448.7%Four-week change in activity pressure.
Leadership8.16Latest relative-leadership reading.
RS change93.8%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is expensive relative to peers.
Factor week 26 Jul 2026
Financial statements through 31 Dec 2025
Field coverage 100%
Model confidence 100%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength18/100Blend of value, momentum, and quality. Underlying universe rank 83; rank 1 is best.
Value14/100Relative valuation strength. Underlying universe rank 87; rank 1 is best.
Quality31/100Profitability and accounting quality. Underlying universe rank 70; rank 1 is best.
Momentum80/100Medium-term price momentum. Underlying universe rank 21; rank 1 is best.
Growth26/100Revenue and earnings growth. Underlying universe rank 75; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 31.2x Price divided by trailing earnings.
- Price / sales
- 11.7x Market value relative to trailing revenue.
- EV / EBITDA
- 20.0x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 13.4% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 49.7% Gross profit retained from each unit of revenue.
- Operating margin
- 50.0% Operating profit retained from revenue.
- Free-cash-flow margin
- 203.4% Free cash flow generated from revenue.
- Return on invested capital
- 5.5% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 8.4% Latest one-year revenue growth.
- EPS growth
- 5.0% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 23.2% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 5/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 2.8% Cash dividends relative to market value.
- Buyback yield
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 2.8% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- 4.4x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Options positioningMixed
FR shows mixed options pressure with a 29/100 conviction score, put-call volume ratio of n/a, expected move of 4.4%, and Sharemaestro trend signal active.
Conviction29/100
Expected move4.4%
Put/call volume
Insider activity6 / 0
6 acquisitions and 0 disposals in the latest 180-day insider tape.
Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.News sentiment57/100
Weighted news tone is neutral across 67 relevant articles.
26 positive · 41 neutral · 0 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings84dNext report is scheduled for 21 Oct 2026; event risk rises as the date approaches.
Options expected move4.4%Nearest-chain priced movement where available.
52-week drawdown-4.1%Distance below the 52-week high.
13-week volatility2.9%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
30 Jan
27 Feb
27 Mar
24 Apr
22 May
19 Jun
24 Jul
Weeks higher16 of 2610 weeks finished lower.
Best week+5.9%Week of 17 Jul.
Worst week-5.2%Week of 6 Mar.
Latest week-2.7%Week of 24 Jul.
Shape of recent returns
Strong gains5
Modest gains11
Flat weeks0
Modest losses8
Sharp losses2
Recent vol2.9%13-week weekly-return volatility.
Base vol3.0%52-week weekly-return volatility.
Up/down split32/20Count of positive and negative weeks in the 52-week window.
Average skew2.4% / -2.2%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorUS Real Estate
4-week rank17 / 100
Group average1.4%
Trend breadth66.0%
Trend66.0%active weekly trend signals
MD77.0%positive activity pressure
RS57.0%positive relative leadership
Four-week leaders
IndustryUS Reit - Industrial
4-week rank4 / 17
Group average2.7%
Trend breadth94.1%
Trend94.1%active weekly trend signals
MD94.1%positive activity pressure
RS82.4%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape78/100
Trend, activity pressure, participation, and risk combine to a 78/100 tape read.
Indicator analysis68/100Latest 12-week confirmation: trend 12/12, activity pressure 6/12, relative leadership 9/12.
Activity pressure 0.88; 3 reversal markers Next-Week ExpectancyPositive 55.44%Next-week expectancy is positive with a 55.44% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors33/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 64; Small Cap Core rank 89 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Options54/100FR shows mixed options pressure with a 29/100 conviction score, put-call volume ratio of n/a, expected move of 4.4%, and Sharemaestro trend signal active.
Mixed · Options-market disagreement · Expected move 4.4% Sentiment57/100Weighted news tone is neutral across 67 relevant articles.
First Industrial Realty Trust (NYSE:FR) Price Target Raised to $74.00 at Robert W. Baird Insiders6 / 06 acquisitions and 0 disposals in the latest 180-day insider tape.
Earnings84dNext report is scheduled for 21 Oct 2026; event risk rises as the date approaches.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 24 Jul 2026 | 66.99 USD | -2.7% | 60.95 USD | 51.24 USD | 1.22 | 8.16 | 5.9M | On |
| 17 Jul 2026 | 68.86 USD | 5.9% | 60.63 USD | 51.12 USD | 1.10 | 10.87 | 7.0M | On |
| 10 Jul 2026 | 65.01 USD | 4.2% | 60.24 USD | 50.99 USD | 0.66 | 3.39 | 7.3M | On |
| 3 Jul 2026 | 62.40 USD | -1.1% | 59.98 USD | 50.89 USD | 0.40 | 0.78 | 6.1M | On |
| 26 Jun 2026 | 63.07 USD | 2.9% | 59.80 USD | 50.80 USD | 0.22 | 4.21 | 5.9M | On |
| 19 Jun 2026 | 61.30 USD | -2.8% | 59.57 USD | 50.71 USD | -0.04 | -0.91 | 5.8M | On |
| 12 Jun 2026 | 63.06 USD | 3.2% | 59.38 USD | 50.61 USD | -0.07 | 2.90 | 4.1M | On |
| 5 Jun 2026 | 61.08 USD | -0.5% | 59.10 USD | 50.52 USD | -0.29 | 0.34 | 5.3M | On |
| 29 May 2026 | 61.37 USD | -2.2% | 58.91 USD | 50.43 USD | -0.22 | -1.66 | 4.8M | On |
| 22 May 2026 | 62.77 USD | 4.0% | 58.68 USD | 50.35 USD | -0.10 | 2.02 | 3.9M | On |
| 15 May 2026 | 60.34 USD | -3.1% | 58.43 USD | 50.25 USD | -0.12 | -1.00 | 3.5M | On |
| 8 May 2026 | 62.24 USD | 1.0% | 58.22 USD | 50.17 USD | 0.07 | 2.28 | 4.3M | On |
| 1 May 2026 | 61.64 USD | 0.4% | 57.79 USD | 50.08 USD | -0.08 | 3.63 | 5.7M | On |
| 24 Apr 2026 | 61.37 USD | -3.7% | 57.44 USD | 50.00 USD | -0.38 | 4.18 | 5.2M | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.