FR
Real Estate · REIT - Industrial
Performance
FR (FR) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
FR (FR) operates in the REIT - Industrial space within the Real Estate sector. With a market cap of $8.7B, it qualifies as a small-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.
- Revenue growth of 10% YoY shows solid business momentum
- Earnings grew 200% YoY — bottom-line is expanding fast
- Exceptional profit margin of 46.0% — the business retains a large share of each dollar earned
- Dividend yield of 2.98% provides consistent income on top of price appreciation
- High debt-to-equity of 90.65× increases financial risk, especially with elevated interest rates
- Price is near its 52-week high — limited near-term upside, higher pullback risk
Verdict
Buy / Hold
More positives than negatives. Fundamentals support holding while monitoring key risks.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Related Articles
Revenue & Results
Dividends
Current DY
2.98%
5Y Avg Annual
$1.2440
Last Payment
$0.5000
Ex-Date
03/31/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest03/31/2026 | 04/20/2026 | $0.5000 | 3.16% |
12/31/2025 | 01/20/2026 | $0.4450 | 2.82% |
09/30/2025 | 10/20/2025 | $0.4450 | 2.82% |
06/30/2025 | 07/20/2025 | $0.4450 | 2.82% |
03/31/2025 | 04/20/2025 | $0.4450 | 2.82% |
12/31/2024 | 01/20/2025 | $0.3700 | 2.34% |
09/30/2024 | 10/20/2024 | $0.3700 | 2.34% |
06/28/2024 | 07/18/2024 | $0.3700 | 2.34% |
Magic Number
Shares needed to self-fund your next purchase
$63.22
Price
$0.5000
Last div. (quarterly)
127
shares
Own 127 FR shares ($8,028.31) and each quarterly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$8,028.31
New shares / year
+4 shares
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
Earnings
Next Earnings
Jul 22, 2026
36
days
EPS (TTM)
$2.59
P/E (TTM)
24.4
Fwd P/E
34.0
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Key Statistics
Valuation
Trading
Dividends
Profitability
Balance Sheet
Fair Value Estimates
Current price: $63.22
Graham Number
√(22.5 × EPS × Book Value)
$34.82
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$22.67
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
9/10
90% score
Pays dividends
13Y hist.13+ years of dividend history
Dividend consistency (5Y+)
13 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
12.8%Return on equity — measures how efficiently capital is used
Positive profit margin
46.0%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+10.0%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
+199.7%Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
90.65×Low financial leverage reduces risk of distress
Current ratio above 1
1.67×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$61M/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
2.98%Stock must distribute income to shareholders
Related Assets
Real Estate
About FR
First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 71.6 million square feet of industrial space concentrated in 15 target MSAs as of March 31, 2026. First Industrial Realty Trust, Inc. was established on August 10, 1993 and is based in Chicago, United States.
Sector
Real Estate
Industry
REIT - Industrial
Location
Chicago, United States
Employees
151