<div id="readability-page-1"><p>First Industrial Realty Trust (NYSE:FR - Get Free Report) released its earnings results on Wednesday. The real estate investment trust reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by ($0.17), FiscalAI reports. The company had revenue of $188.41 million during the quarter, compared to the consensus estimate of $186.20 million. First Industrial Realty Trust had a net margin of 33.18% and a return on equity of 8.65%.</p><h2>First Industrial Realty Trust Stock Up 0.3%</h2><ul><li>Win-Win Momentum Plays With Strong Dividend Yields</li></ul><p>Shares of FR stock traded up $0.17 during midday trading on Wednesday, reaching $58.46. 1,666,182 shares of the stock were exchanged, compared to its average volume of 1,035,220. First Industrial Realty Trust has a 1 year low of $40.31 and a 1 year high of $60.20. The firm has a market cap of $7.74 billion, a PE ratio of 32.66 and a beta of 1.14. The company's 50 day moving average is $58.03 and its two-hundred day moving average is $54.35. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research firms recently commented on FR. Cantor Fitzgerald  reiterated a &#34;neutral&#34; rating and set a $58.00 price target on shares of First Industrial Realty Trust in a report on Monday, January 5th. Mizuho boosted their price objective on shares of First Industrial Realty Trust from $56.00 to $62.00 and gave the company an &#34;outperform&#34; rating in a research report on Thursday, December 4th. Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of First Industrial Realty Trust in a research note on Wednesday, January 28th. Scotiabank raised their target price on First Industrial Realty Trust from $57.00 to $62.00 and gave the stock a &#34;sector perform&#34; rating in a research note on Wednesday, January 14th. Finally, Wells Fargo &amp; Company upped their price target on First Industrial Realty Trust from $53.00 to $57.00 and gave the company an &#34;equal weight&#34; rating in a research report on Monday, October 27th. Seven research analysts have rated the stock with a Buy rating and five have issued  a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $62.46.</p><ul><li>Top Shipping Firms Driving Industry-Leading Revenue Growth</li></ul><p><b>Read Our Latest Analysis on First Industrial Realty Trust</b></p><h2>Insider Buying and Selling at First Industrial Realty Trust</h2><p>In other First Industrial Realty Trust news, CIO Johannson L. Yap sold 680 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $58.37, for a total value of $39,691.60. Following the completion of the transaction, the executive owned 3,770 shares in the company, valued at approximately $220,054.90. This represents a 15.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this link. 0.94% of the stock is owned by corporate insiders. </p><h2>Institutional Inflows and Outflows</h2><ul><li>The Hottest Markets to Watch After the Fed’s 25 Bps Rate Cut</li></ul><p>A number of large investors have recently bought and sold shares of the business. Entropy Technologies LP purchased a new position in  First Industrial Realty Trust in the third quarter worth about $370,000.  Certuity LLC bought a new stake in shares of  First Industrial Realty Trust during the third quarter valued at approximately $278,000.  Osaic Holdings Inc. increased its position in shares of  First Industrial Realty Trust by 158.3% during the second quarter. Osaic Holdings Inc. now owns 4,859 shares of the real estate investment trust's stock valued at $235,000 after acquiring an additional 2,978 shares in the last quarter.  FORA Capital LLC purchased a new position in  First Industrial Realty Trust in the 2nd quarter worth approximately $204,000.  Finally, Tower Research Capital LLC TRC lifted its position in  First Industrial Realty Trust by 54.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,598 shares of the real estate investment trust's stock valued at $510,000 after acquiring an additional 3,719 shares in the last quarter. 99.85% of the stock is owned by hedge funds and other institutional investors. </p><h2>First Industrial Realty Trust Company Profile</h2> (Get Free Report)<p>First Industrial Realty Trust, Inc <span>NYSE: FR<span></span></span> is a publicly traded real estate investment trust focused on the ownership, operation and development of industrial real estate assets. The company specializes in light industrial, warehouse and distribution facilities that serve a broad range of end markets, including manufacturing, transportation and e-commerce. Through both acquisitions and ground-up developments, First Industrial seeks to assemble a diversified portfolio of strategically located properties that support its tenants' supply-chain needs.  </p><p>Core services provided by First Industrial include property leasing, asset management, redevelopment of obsolescent buildings and build-to-suit development for creditworthy users.</p><h2>Read More</h2><ul><li>Five stocks we like better than First Industrial Realty Trust</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Your Bank Account Is No Longer Safe</li><li>The gold chart Wall Street is terrified of…</li><li>Missed Nvidia? Your next 12-month window</li><li>Trump Planning to Use Public Law 63-43: Prepare Now</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZS?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZS"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in First Industrial Realty Trust Right Now?</h2><p>Before you consider First Industrial Realty Trust, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Industrial Realty Trust wasn't on the list.</p><p>While First Industrial Realty Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>First Industrial Realty Trust (NYSE:FR) reported quarterly earnings of $0.59 per share, missing estimates by $0.17. Revenue was $188.41 million, exceeding expectations of $186.20 million. The company has a net margin of 33.18% and a return on equity of 8.65%. Despite the earnings miss, shares rose 0.3% to $58.46. Analysts have mixed ratings, with a consensus of "Moderate Buy" and an average target price of $62.46. Recent insider transactions and institutional investments indicate ongoing interest in the stock.</p>

First Industrial Realty Trust (NYSE:FR) Releases Quarterly Earnings Results, Misses Estimates By $0.17 EPS