Market Cap
$7.9B
FR
FIRST INDUSTRIAL REALTY TRUST INC
$59.65 ▲ +1.32%
Prev close $58.87Market cap$7.9B
ConsensusBuy
12-mo target$72.25 (+21.0%)
▲ Bullish
Analyst conviction 7/10
High Impact Filing (7/10)26 New Institutional Positions22 Institutional Exits Real Estate
Snapshot
The big-picture read on FR right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Buy (69%)
Inst. Holders
50 funds
Inst. Value
$6.3B
Inst. Activity
26 buys / 22 sells
Social Sentiment
67° Warm
SEC Reports
4
Price chart 30d -3.2%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 7, 2026 dark_pool
Dark Pool: FR — 0.6M shares, 21,136 trades
Week starting 2026-09-07. Total ATS volume: 558,559 shares across 21,136 trades.
Jul 27, 2026 Insider
MUSIL SCOTT A disposed of 2,603 shares
Chief Financial Officer
Jul 27, 2026 Insider
Jul 7, 2026 SEC MUSIL SCOTT A disposed of 2,175 shares
Chief Financial Officer
First Industrial Realty Trust (FR) announced its Q2 2026 earnings conference call date for July 23, but this is a routin
PRESS-RELEASE — Impact 2/10
Jun 30, 2026 Inst.
NORGES BANK — NEW
5,470,630 shares ($335.4M)
Jun 30, 2026 Inst.
JPMORGAN CHASE & CO — ADD
2,581,701 shares ($163.9M)
Jun 1, 2026 Insider
Apr 13, 2026 SEC Schmitz Frank E. was granted 2,293 shares
Director
First Industrial Realty Trust is engaged in a proxy fight, with the board urging shareholders to support its nominees. T
DEFA14A — Impact 6/10
Analyst ratings buy % +16.9%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
69% rate it Buy or better · 26 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 1, 2026 | Wells Fargo | MAINTAIN | Equal-Weight | 54% |
| Aug 12, 2026 | Scotiabank | MAINTAIN | Sector Perform | 56% |
| Aug 3, 2026 | RBC Capital | MAINTAIN | Outperform | 55% |
| Jul 29, 2026 | Baird | MAINTAIN | Outperform | 54% |
| Jul 28, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Jul 28, 2026 | Truist Securities | MAINTAIN | Buy | 55% |
| Jul 16, 2026 | Barclays | MAINTAIN | Equal-Weight | 54% |
| Jun 1, 2026 | Wells Fargo | MAINTAIN | Equal-Weight | 54% |
| May 15, 2026 | Truist Securities | MAINTAIN | Buy | 55% |
| Apr 28, 2026 | Baird | MAINTAIN | Outperform | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 7 | 11 | 8 | 0 | 0 | 69% | |
| Aug 1, 2026 | 7 | 11 | 8 | 0 | 0 | 69% | |
| Jul 1, 2026 | 6 | 10 | 10 | 0 | 0 | 62% | |
| Jun 1, 2026 | 5 | 10 | 10 | 0 | 0 | 60% | |
| May 1, 2026 | 5 | 10 | 10 | 0 | 0 | 60% | |
| Apr 1, 2026 | 5 | 10 | 10 | 0 | 0 | 60% | |
| Mar 1, 2026 | 5 | 10 | 10 | 0 | 0 | 60% | |
| Feb 1, 2026 | 5 | 10 | 10 | 0 | 0 | 60% |
Price targets
Where 16 covering analysts think FR trades over the next 12 months.
$72.25 +21.0% upside Strong Buy
Current$59.71 Low$66.00 Median$72.50 High$86.00 16 analysts
$66.00$86.00
Analyst rating Buy· 2.0/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
67°
Warm
BearishNeutralBullish
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
4 SEC filing reports analyzed · 2 bullish, 0 bearish, 1 mixed, 1 neutral · avg impact 5.5/10.
NEUTRALPRESS-RELEASE2/10
First Industrial Realty Trust (FR) announced its Q2 2026 earnings conference call date for July 23,
Jul 7, 2026
MIXEDDEFA14A6/10
First Industrial Realty Trust is engaged in a proxy fight, with the board urging shareholders to sup
Apr 13, 2026
BULLISHDEFA14A7/10
First Industrial Realty Trust (FR) responded to activist investor Land Buildings withdrawing its dir
Mar 20, 2026
BULLISH8-K7/10
First Industrial Realty Trust announced the appointment of Frank E. Schmitz to its Board of Director
Mar 17, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 7, 2026
dark_pool
Dark Pool: FR — 0.6M shares, 21,136 trades
Week starting 2026-09-07. Total ATS volume: 558,559 shares across 21,136 trades.
Aug 31, 2026
dark_pool
Dark Pool: FR — 1.0M shares, 27,815 trades
Week starting 2026-08-31. Total ATS volume: 1,042,295 shares across 27,815 trades.
Aug 24, 2026
dark_pool
Dark Pool: FR — 0.7M shares, 21,669 trades
Week starting 2026-08-24. Total ATS volume: 709,779 shares across 21,669 trades.
Aug 17, 2026
dark_pool
Dark Pool: FR — 1.1M shares, 34,180 trades
Week starting 2026-08-17. Total ATS volume: 1,051,576 shares across 34,180 trades.
Aug 13, 2026
dividend
First Industrial Declares Common Stock Dividends
CHICAGO, Aug. 13, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of log
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.45 | $0.43–$0.47 | -9.0% | +3.7% | 1↑ 0↓ | $0.2B | 3 |
| Next Q | $0.46 | $0.44–$0.49 | -22.0% | +2.3% | 1↑ 0↓ | $0.2B | 4 |
| Current FY | $2.14 | $1.76–$2.51 | 14.3% | -14.9% | 1↑ 0↓ | $0.8B | 2 |
| Next FY | $1.89 | $1.81–$2.03 | -11.8% | +1.2% | 0↑ 1↓ | $0.8B | 4 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.446 | — |
| 7d ago | $0.439 | +0.007 |
| 30d ago | $0.430 | +0.016 |
| 60d ago | $0.444 | +0.002 |
| 90d ago | $0.437 | +0.009 |
Institutional ownership
Which big funds own FR (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $6.3B total value (103,101,293 shares) as of 2026-Q2. Top holders: BlackRock,, VANGUARD, STATE. Net buying activity: 26 institutions added/increased vs 22 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 16,661,052 | $1.0B | 16.1% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12,719,991 | $779.9M | 12.3% | — |
| STATE STREET CORP | 6,328,788 | $391.1M | 6.2% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 5,982,850 | $366.8M | 5.8% | — |
| NORGES BANK | 5,470,630 | $335.4M | 5.3% | NEW |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | 4,855,292 | $297.7M | 4.7% | ADD +62.6% |
| GEODE CAPITAL MANAGEMENT, LLC | 2,851,824 | $174.9M | 2.8% | — |
| JPMORGAN CHASE & CO | 2,581,701 | $163.9M | 2.6% | ADD +64.3% |
| PRUDENTIAL FINANCIAL INC | 2,613,042 | $160.2M | 2.5% | ADD +30.8% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2,587,326 | $158.6M | 2.5% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 5,470,630 | — | $335.4M |
| JPMORGAN CHASE & CO | ADD | 1,571,525 | 2,581,701 | +64.3% | $163.9M |
| Quantinno Capital Management LP | ADD | 1,217,721 | 1,523,901 | +25.1% | $93.4M |
| Alyeska Investment Group, L.P. | TRIM | 2,023,407 | 1,448,712 | -28.4% | $88.8M |
| DEUTSCHE BANK AG\ | TRIM | 1,872,191 | 1,300,439 | -30.5% | $79.7M |
| Qube Research & Technologies Ltd | DOUBLED | 278,806 | 1,017,402 | +264.9% | $62.4M |
| MILLENNIUM MANAGEMENT LLC | TRIM | 1,253,750 | 871,189 | -30.5% | $53.4M |
| CITADEL ADVISORS LLC | ADD | 634,488 | 797,769 | +25.7% | $48.9M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | DOUBLED | 2,868 | 786,503 | +27323.4% | $48.2M |
| Gotham Asset Management, LLC | ADD | 380,603 | 546,936 | +43.7% | $33.5M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
8 insiders, 9 transactions. Net $0.00 — $0.00 bought, $0.00 sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Jul 27, 2026 | MUSIL SCOTT A | Chief Financial Officer | J | 2,603 | — | — |
| Jul 27, 2026 | MUSIL SCOTT A | Chief Financial Officer | J | 2,175 | — | — |
| Jun 1, 2026 | Schmitz Frank E. | Director | AWARD | 2,293 | — | — |
| Apr 30, 2026 | Olsen Denise | Director | AWARD | 2,419 | — | — |
| Apr 30, 2026 | Smith Marcus L. | Director | AWARD | 2,419 | — | — |
| Apr 30, 2026 | DOMINSKI MATTHEW | Director | AWARD | 2,419 | — | — |
| Apr 30, 2026 | HACKETT H PATRICK JR | Director | AWARD | 2,419 | — | — |
| Apr 30, 2026 | BAZEMORE TERESA BRYCE | Director | AWARD | 2,419 | — | — |
| Feb 19, 2026 | Schultz Peter | EVP - East Region | GIFT | 100 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for FR.
Shares short
4,518,766
Settlement Sep 15, 2026
Change vs prior
+9.6%
Semi-monthly cycle
Days to cover
5.7
At avg daily volume
Of shares outstanding
≈3.4%
Estimate — not % of float
All FR filing & press-release reports (4)
- PRESS-RELEASE reportJul 7, 2026
- DEFA14A reportApr 13, 2026
- DEFA14A reportMar 20, 2026
- 8-K reportMar 17, 2026