FR

HoldPremium Grower

First Industrial Realty Trust, Inc. · Real Estate · United States · $8.4B cap · $66.4M/day traded

$60.04 +1.0% · close 12 Oct · scored 14 Oct

StockRank up 2.5 since 13 Oct: Momentum up 3.

Premium Grower: Strong business with the market behind it, priced at a premium.

56
StockRank
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Report expected 21 Oct: the next-year EPS estimate has risen 1.3% over the last 13 weeks.

Quality
67
Value
22
Momentum
62

As of 14 Oct 2026, MoatMap's StockRank for First Industrial Realty Trust, Inc. (FR) is 56/100, ranked against 24,000+ stocks in 35 markets (Quality 67, Value 22, Momentum 62, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
21.6x
peers 22.0x
ROE
13.6%
peers 4.6%
D/E
0.9x
peers 1.1x
Dividend %
3.2%
trailing yield

ABOUT FIRST INDUSTRIAL REALTY TRUST, INC.

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First Industrial Realty Trust, Inc. is a leading fully integrated real estate investment trust focused on owning, operating, and developing industrial properties, primarily logistics facilities and distribution centers. The company benefits from a high-quality portfolio strategically located in key U.S. logistics markets, capitalizing on the robust demand driven by e-commerce and supply chain modernization. First Industrial's expertise in industrial development and active asset management provides a strong competitive position.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue539.9M614.0M669.6M727.1M10.4%760.4M786.3M838.9M7.4%
EPS2.722.082.171.87-11.7%2.752.141.890.4%
Shares132.1M132.3M132.3M132.5M+0.2%132.6M———
Debt2.1B2.2B2.2B2.6B7.2%2.6B———
Equity2.5B2.6B2.7B2.7B2.8%————
Op CF410.9M304.8M352.5M461.3M3.9%449.5M———
Inv CF-629.1M-378.3M-131.6M-524.2M—————
Fin CF304.5M-27.8M-213.1M89.2M—————
Loading 1Y...
PRICE (1Y) · USD-3.0%
58.259.260.361.462.431 Aug22 Sep12 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsVery calm

Calmer than 92% of stocks we rank over the past year (19% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$60.04
RSI (14)
40.5
52-Week Range-13.4% from high
Low $48.63High $69.31

SCORE BREAKDOWN

Quality
67
ROIC
6.4%61.2
ROE
13.6%83.9
GP/Assets
9.9%74.9
Op. Margin
45.1%64.1
FCF/Assets
4.2%71.3
Piotroski
781.3
Int. Cover
3.9x46.4
D/E Ratio
0.90x41.8
Current Ratio
1.50x52.1
Value
22
P/E (TTM)
21.6x25.4
EV/EBITDA
20.2x32.8
P/FCF
35.0x16.6
P/B
2.8x9.4
P/S
10.7x10.3
Div Yield
3.2%26.7
Momentum
62
52W High %
87%69.7
RS 6M
-13%49.1
SMA 50/200
1.01x71.7
EPS Rev 4W
+1.2%91.9
EPS Rev 12W
+1.3%75.0
EPS Improve
-31%18.9
Q Growth
40%68.9

FUNDAMENTALS

Market Cap
$8.4B
P/E (Forward)
31.5x
Gross Margin
73.7%

SECTOR PEERS

Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of FR are excluded.

TickerCompanyMkt CapStockRankSignal
FRFirst Industrial Realty Trust, Inc.(you)$8.4B56Hold
EGPEastGroup Properties, Inc.$10.9B54Hold
STAGSTAG Industrial, Inc.$7.2B50Hold
REXRRexford Industrial Realty, Inc.$8.7B46Hold
CUBECubeSmart$8.6B68Buy
TRNOTerreno Realty Corporation$7.2B44Hold
COLDAmericold Realty Trust, Inc.$4.1B51Hold
LXPLXP Industrial Trust$3.6B48Hold
EXRExtra Space Storage Inc.$29.5B54Hold
LINELineage, Inc.$9.1B25Sell

Peer medians: ROE 4.6% · P/E 22.0x · Gross margin 67.3%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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First Industrial Realty Trust, Inc. (FR): Stock Score Summary

First Industrial Realty Trust, Inc. (FR) has a MoatMap StockRank of 56/100 based on Quality (67/100), Value (22/100), and Momentum (62/100) factor scores. The current signal is HOLD.

First Industrial Realty Trust, Inc. is a leading fully integrated real estate investment trust focused on owning, operating, and developing industrial properties, primarily logistics facilities and distribution centers. The company benefits from a high-quality portfolio strategically located in key U.S. logistics markets, capitalizing on the robust demand driven by e-commerce and supply chain modernization. First Industrial's expertise in industrial development and active asset management provides a strong competitive position.

Key Financial Metrics

Price$60.04
Market Cap$8.4B
P/E (TTM)21.61
P/E (Forward)31.52
Price/Book2.84
Return on Equity13.6%
Return on Invested Capital6.4%
Debt/Equity0.90x
Gross Margin73.7%
Operating Margin45.1%
Revenue Growth8.4%
Dividend Yield3.2%
Free Cash Flow$239M

First Industrial Realty Trust, Inc. operates in the REIT - Industrial industry, part of the Real Estate sector (United States).

Frequently Asked Questions

What is First Industrial Realty Trust, Inc.’s (FR) StockRank?
MoatMap’s StockRank for First Industrial Realty Trust, Inc. (FR) is 56/100, with a Hold signal. It is a composite of Quality (67), Value (22), and Momentum (62), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does First Industrial Realty Trust, Inc. have an economic moat?
First Industrial Realty Trust, Inc. (FR) has a Quality factor score of 67/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is First Industrial Realty Trust, Inc. a buy, hold, or sell?
MoatMap’s current signal for First Industrial Realty Trust, Inc. (FR) is Hold, based on a StockRank of 56/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is First Industrial Realty Trust, Inc. in?
First Industrial Realty Trust, Inc. (FR) operates in the Real Estate sector, specifically the REIT - Industrial industry (United States).