
First Industrial Realty Trust Inc.
First Industrial Realty Trust, Inc. is a provider of industrial real estate. The Company owns, operates, develops and acquires logistics properties. The Company, through its fully integrated operating and investing platform, provides facilities and customer service to multinational corporations and regional firms that are essential for their supply chains. Its portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets. The Company owns and has under development approximately 69.5 million square feet of industrial space. Its tenants are engaged in a variety of businesses, including e-commerce, third-party logistics and transportation, consumer and other manufactured products, retail and consumer services, food and beverage, lumber and building materials, wholesale goods, health services, governmental and other. Through a wholly owned TRS of the Operating Partnership, it owns an equity interest in a joint venture.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying First Industrial Realty Trust's stock with a target price of $54.53, indicating expected growth.
Financial Health
First Industrial Realty Trust is performing well, with strong revenue and cash flow figures, indicating solid financial stability.
Dividend
First Industrial Realty Trust's dividend yield of 2.46% is decent for income-focused investors. If you invested $1000 you would be paid $24.60 a year in dividends (based on the last 12 months).
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