first industrial realty trust is a reit (nyse: fr) and leading owner, operator and developer of industrial real estate. an enterprising group of problem solvers, first industrial is dedicated to helping businesses - from multinational corporations to regional companies - stay ahead of their evolving requirements. providing a range of supply chain solutions, first industrial owns an industrial portfolio of more than 650 properties in the top north american industrial markets. through our successful established platform, we lease, manage, buy, sell and develop only industrial assets. in addition, our experienced professionals have unmatched market knowledge, and continuously provide industry leading customer service and responsiveness. first industrial satisfies industrial real estate needs by offering bulk and regional distribution centers, light industrial, and other industrial facility types. but more than available properties, today’s corporations require a strategic real estate
Company profile
Ticker
FR
Exchange
Website
CEO
Peter Baccile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
363935116
FR stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
19 Apr 24
8-K
First Industrial Realty Trust Reports First Quarter 2024 Results
17 Apr 24
DEFA14A
Additional proxy soliciting materials
15 Apr 24
ARS
2023 FY
Annual report to shareholders
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
8-K
Departure of Directors or Certain Officers
15 Feb 24
10-K
2023 FY
Annual report
14 Feb 24
8-K
First Industrial Realty Trust Reports Fourth Quarter and Full Year 2023 Results
7 Feb 24
10-Q
2023 Q3
Quarterly report
20 Oct 23
8-K
First Industrial Realty Trust Reports Third Quarter 2023 Results
18 Oct 23
Transcripts
FR
Earnings call transcript
2024 Q1
18 Apr 24
FR
Earnings call transcript
2023 Q4
8 Feb 24
FR
Earnings call transcript
2023 Q3
19 Oct 23
FR
Earnings call transcript
2023 Q2
20 Jul 23
FR
Earnings call transcript
2023 Q1
20 Apr 23
FR
Earnings call transcript
2022 Q4
9 Feb 23
FR
Earnings call transcript
2022 Q3
20 Oct 22
FR
Earnings call transcript
2022 Q2
21 Jul 22
FR
Earnings call transcript
2020 Q4
11 Feb 21
FR
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
4
JOHANNSON L YAP
4 Mar 24
4
Peter Schultz
26 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
PRINCIPAL REAL ESTATE INVESTORS LLC
13 Feb 24
SC 13G/A
STATE STREET CORP
30 Jan 24
SC 13G/A
BlackRock Inc.
23 Jan 24
4
Rice Jennifer Matthews
4 Jan 24
4
Peter E. Baccile
4 Jan 24
4
JOHANNSON L YAP
4 Jan 24
4
SCOTT A MUSIL
4 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 54.25 mm | 54.25 mm | 54.25 mm | 54.25 mm | 54.25 mm | 54.25 mm |
Cash burn (monthly) | 4.62 mm | 8.13 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 31.41 mm | 55.34 mm | n/a | n/a | n/a | n/a |
Cash remaining | 22.85 mm | -1.08 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 4.9 | -0.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
68.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 275 |
Opened positions | 40 |
Closed positions | 132 |
Increased positions | 101 |
Reduced positions | 103 |
13F shares | Current |
---|---|
Total value | 4.57 tn |
Total shares | 91.17 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 19.11 mm | $1.01 tn |
STT State Street | 7.36 mm | $389.80 bn |
PFG Principal Financial Group Inc - Registered Shares | 7.20 mm | $379.30 bn |
BX Blackstone | 5.00 mm | $263.41 bn |
Centersquare Investment Management | 4.55 mm | $239.73 bn |
NMR Nomura | 3.11 mm | $163.86 bn |
JPM JPMorgan Chase & Co. | 2.48 mm | $130.61 bn |
Charles Schwab Investment Management | 2.04 mm | $107.55 bn |
MS Morgan Stanley | 1.92 mm | $101.18 bn |
Dimensional Fund Advisors | 1.91 mm | $100.64 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Johannson L Yap | Common Stock | Gift | Dispose G | No | No | 0 | 285 | 0.00 | 196,127 |
1 Mar 24 | Johannson L Yap | Common Stock | Gift | Dispose G | No | No | 0 | 80 | 0.00 | 196,412 |
23 Feb 24 | Peter Schultz | Common Stock | Gift | Dispose G | No | No | 0 | 100 | 0.00 | 95,574 |
2 Jan 24 | Johannson L Yap | LP Units Common Stock | Grant | Acquire A | No | No | 0 | 8,655 | 0.00 | 155,888 |
2 Jan 24 | Johannson L Yap | LP Units Common Stock | Grant | Acquire A | No | No | 0 | 22,846 | 0.00 | 147,233 |
2 Jan 24 | Scott A Musil | LP Units Common Stock | Grant | Acquire A | No | No | 0 | 5,124 | 0.00 | 94,398 |
2 Jan 24 | Scott A Musil | LP Units Common Stock | Grant | Acquire A | No | No | 0 | 13,494 | 0.00 | 89,274 |
2 Jan 24 | Peter Schultz | LP Units Common Stock | Grant | Acquire A | No | No | 0 | 5,412 | 0.00 | 92,140 |
2 Jan 24 | Peter Schultz | LP Units Common Stock | Grant | Acquire A | No | No | 0 | 13,239 | 0.00 | 86,728 |
News
First Industrial Realty Trust Adjusts 2024 FFO Per Share Outlook From $2.54-$2.64 To $2.53-$2.63, Est $2.61
17 Apr 24
Beyond The Numbers: 5 Analysts Discuss First Industrial Realty Stock
17 Apr 24
First Industrial Realty Q1 FFO Per Share $0.60 Misses $0.61 Estimate, Sales $162.27M Beat $161.53M Estimate
17 Apr 24
Real Estate Stocks Fall As Mortgage Rates Rise To 4-Month Highs: 'Inflation Is Proving Tougher To Bring Down'
17 Apr 24
Earnings Scheduled For April 17, 2024
17 Apr 24
Press releases
First Industrial Realty Trust Reports First Quarter 2024 Results
17 Apr 24
First Industrial Realty Trust To Host First Quarter 2024 Results Conference Call On April 18
20 Mar 24
First Industrial Realty Trust To Present At Citi's 2024 Global Property CEO Conference
29 Feb 24
First Industrial Realty Trust Reports Fourth Quarter and Full Year 2023 Results
7 Feb 24