Nama's AI scorecard currently rates First Industrial Realty Trust Hold (5.0 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is FR's P/E ratio?

First Industrial Realty Trust trades at a trailing price-to-earnings ratio of 20.0.

When does FR report earnings?

First Industrial Realty Trust's next scheduled report is on Feb 10, 2027. Analysts expect EPS of $0.44.

What is the FR price target?

The median analyst price target from 16 analysts is $66.00, with a range of $58.00 – $74.00.

Is FR Shariah compliant?

Nama's AAOIFI-style screen reads First Industrial Realty Trust as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Does FR pay a dividend?

Yes — First Industrial Realty Trust's dividend yield is 3.7%.

Nama Insights

First Industrial Realty Trust (FR)

Real Estate · Reit Industrial · NYSE

First Industrial Realty Trust (FR) is a Real Estate company in the Reit Industrial industry. It has a market capitalization of $7.37B and a trailing price-to-earnings ratio of 20.0. Over the most recent reported fiscal year, revenue grew 8.6%. Nama's AI scorecard rates it Hold, 5.0 out of 10. On 12-month momentum it ranks in the middle band of its market.

AI scorecard

Hold · 5.0/10

The sections balance. As of Nov 7, 2026.

Momentum

Middle · +5.5% over 12 months ex. last

Middle fifth of its market on the past year's move.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-23.1%

How far the last close sits under the highest price of the past five years.

Market cap	$7.37B
Trailing P/E	20.0
Price / book	2.6
Price / sales	9.5
FCF yield	—
Dividend yield	3.7%
Gross margin	73.8%
Operating margin	41.5%
Net margin	46.1%
Revenue growth (YoY)	+8.6%
Revenue growth (3-yr annual)	+10.4%
EPS growth (YoY)	-14.7%
FCF/share growth (YoY)	—
Beta	1.0
Exchange	NYSE
Sector	Real Estate
Industry	Reit Industrial

FR earnings

Next report: Feb 10, 2027 (Q4 2026, EPS estimate $0.44). Beat the EPS estimate in 4 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Oct 21, 2026	$0.44	$0.43	+2.3%	$197.12M
Q2 2026	Jul 22, 2026	$0.58	$0.43	+34.9%	$194.94M
Q1 2026	Apr 22, 2026	$1.08	$0.33	+227.3%	$194.83M
Q4 2025	Feb 4, 2026	$0.59	$0.42	+40.5%	$188.41M

FR analyst price target

Median target $66.00 from 16 analysts, ranging $58.00 – $74.00.

Reit Industrial peers

Ticker	Company	Market cap	P/E
PLD	Prologis	$123.44B	28.7
PSA	Public Storage	$63.05B	35.0
EXR	Extra Space Storage	$34.73B	32.4
EGP	EastGroup Properties	$10.42B	36.3
CUBE	CubeSmart	$10.10B	29.8
LINE	Lineage	$9.81B	—
REXR	Rexford Industrial Realty	$8.23B	35.0
TRNO	Terreno Realty	$7.29B	33.9

Explore live FR data on Nama Insights →

Recent Congressional trades

First Industrial Realty Trust trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Lisa McClain	House	Sell	$1,001 - $15,000	Sep 12, 2025
Lisa McClain	House	Buy	$1,001 - $15,000	Aug 13, 2025

FR FAQ

Is FR a buy?: Nama's AI scorecard currently rates First Industrial Realty Trust Hold (5.0 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is FR's P/E ratio?: First Industrial Realty Trust trades at a trailing price-to-earnings ratio of 20.0.
When does FR report earnings?: First Industrial Realty Trust's next scheduled report is on Feb 10, 2027. Analysts expect EPS of $0.44.
What is the FR price target?: The median analyst price target from 16 analysts is $66.00, with a range of $58.00 – $74.00.
Is FR Shariah compliant?: Nama's AAOIFI-style screen reads First Industrial Realty Trust as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does FR pay a dividend?: Yes — First Industrial Realty Trust's dividend yield is 3.7%.