Stock events for First Industrial Realty Trust, Inc. (FR)
In the past six months, First Industrial Realty Trust's stock has been impacted by the reporting of first and third-quarter 2025 results, which included EPS and FFO announcements. The company increased its first-quarter 2025 dividend to $0.445 per share. Dividends were declared for the quarters ending December 31, 2025, and September 30, 2025. Analyst ratings and price targets from Royal Bank of Canada and Scotiabank have also influenced the stock. The stock price as of November 21, 2025, was $56.32 per share, and on November 27, 2025, the stock traded at $57.52, with a 52-week high of $58.17 and a 52-week low of $40.31.
Demand Seasonality affecting First Industrial Realty Trust, Inc.’s stock price
Demand for First Industrial Realty Trust's industrial real estate properties can exhibit some seasonality, influenced by weather, climate conditions, agricultural cycles, and holiday-related inventory needs. The CEO has attributed slight dips in occupancy rates during the first quarter to seasonal factors. Business cycles and fiscal calendars also play a role in shaping demand for commercial real estate, with the fourth quarter often bringing a spike in transactions.
Overview of First Industrial Realty Trust, Inc.’s business
First Industrial Realty Trust, Inc. (FR) is a U.S.-only REIT specializing in the ownership, management, acquisition, sale, development, and redevelopment of industrial real estate. The company operates within the Real Estate sector, focusing on industrial REITs, and provides high-quality facilities and customer service to multinational corporations and regional firms. Its product portfolio includes various logistics properties, and it serves a diverse tenant base across multiple sectors. As of September 30, 2025, First Industrial owned and had under development approximately 70.4 million square feet of industrial space.
FR’s Geographic footprint
First Industrial Realty Trust's portfolio and new investments are concentrated in 15 target MSAs, with an emphasis on supply-constrained, coastally oriented markets across the United States. The company maintains a network of properties and offices in major industrial markets, including key office locations in Chicago, IL (headquarters), and other cities across the US.
FR Corporate Image Assessment
Based on available search results, no specific events were explicitly identified as having significantly impacted First Industrial Realty Trust, Inc.'s brand reputation in the past year (November 2024 - November 2025). The news primarily focused on financial performance, operational updates, and dividend declarations.
Ownership
First Industrial Realty Trust is predominantly owned by institutional shareholders, who hold approximately 99.12% of the company's shares. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Insiders own about 4.66% of the company, with Jay H. Shidler being the largest individual shareholder.
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$57.39