Today, First Industrial Realty Trust, Inc. (FR) is trading at $62.41, marking a 0.548% increase from the previous close. The trading volume stands at $273,487, 25.69% above the average. The asset has shown positive movement with a price increase of 34 cents.
The latest quarterly earnings report for FR was released on Tuesday, April 21st, with a consensus estimate EPS of 0.3336. This reflects the company's recent financial performance.
FR offers a forward dividend yield of 3.2%, with a dividend per share MRQ of 50 cents. The year-over-year dividend per share has increased by 20.2703 cents, now standing at $1.84 per share on a trailing twelve-month basis.
Cantor Fitzgerald recently rated FR as "Neutral," maintaining the previous grade. The stock price was $61.37 at the time of the rating, suggesting a hold action according to the grading company.
In the recent period, FR reported a free cash flow of $88.91 million. The net change in cash was -$40.88 million, with a closing cash balance of $37.15 million. The operating cash flow matched the free cash flow figure.
FR generated revenue of $194.83 million, resulting in a gross profit of $41 million. The company reported a net income of $143.10 million, translating to an EPS of $1.08.
Key financial metrics for FR include a net profit margin of 73.45%, return on equity of 5.19%, and a price-to-earnings ratio of 13.39. These ratios indicate the company's profitability and valuation position.
FR's total assets amount to $5.77 billion, with total liabilities at $2.92 billion. The net debt is -$37.15 million, reflecting a strong financial position.
This report provides a comprehensive overview of First Industrial Realty Trust, Inc.'s current financial status and performance metrics.
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.