Last $18.16 USD
Change Today -0.19 / -1.04%
Volume 190.4K
FR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

first industrial realty tr (FR) Key Developments

First Industrial Realty Trust Inc. Declares Common Stock Dividend for the Quarter Ending September 30, 2014, Payable on October 20, 2014

First Industrial Realty Trust Inc. announced that its board of directors declared a common stock dividend of $0.1025 per share/unit for the quarter ending September 30, 2014, payable on October 20, 2014 to stockholders of record on September 30, 2014.

First Industrial Realty Trust, Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year of 2014

First Industrial Realty Trust Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues were $86.260 million against $81.826 million a year ago. Income from continuing operations was $3.606 million against loss of $1.355 million a year ago. Net income attributable to First Industrial Realty Trust Inc. was $4.039 million against $11.117 million a year ago. Funds from operations (NAREIT) were $31.988 million against $22.873 million a year ago. Adjusted funds from operations were $23.130 million against $19.617 million a year ago. EBITDA was $52.546 million against $52.563 million a year ago. Net operating income was $59.412 million against $57.763 million a year ago. Basic and diluted net income available to common stockholders per share (EPS) was $0.04 compared to $0.05 a year ago. First Industrial's FFO was $0.28 per share/unit on a diluted basis, compared to $0.20 per share/unit a year ago. For the six-month period, the company reported total revenues were $172.305 million against $162.257 million a year ago. Income from continuing operations was $7.892 million against loss of $0.527 million a year ago. Net income attributable to First Industrial Realty Trust Inc. was $9.002 million against $10.214 million a year ago. Funds from operations (NAREIT) were $59.562 million against $48.459 million a year ago. Adjusted funds from operations were $47.621 million against $36.126 million a year ago. EBITDA was $102.583 million against $102.837 million a year ago. Net operating income was $114.889 million against $114.371 million a year ago. Basic and diluted net income available to common stockholders per share (EPS) was $0.06 compared to $0.01 a year ago. First Industrial's FFO was $0.52 per share/unit on a diluted basis, compared to $0.44 per share/unit a year ago. The company provided earnings guidance for the full year of 2014. For the year, the company expects net income available to common stockholders per share was to be in the range of $0.15 to $0.25 and FFO (NAREIT) was to be in the range $1.11 per share to $1.21 per share. 2014 FFO guidance was increased from the company's previous guidance in its first quarter 2014 results press release primarily due to leasing at the second quarter 2013 Chicago acquisition as well as its First Logistics Center @ I-83 and First Figueroa Logistics Center developments. Same-store NOI on a cash basis was positive 3% to 5% for the full year, excluding the aforementioned one-time restoration fee. Guidance reflects the payoff of approximately $25 million of secured debt in the third quarter at an interest rate of 6.7%.

First Industrial Realty Trust Inc. to Report Q2, 2014 Results on Jul 23, 2014

First Industrial Realty Trust Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 23, 2014

First Industrial Realty Trust Inc., Q2 2014 Earnings Call, Jul 24, 2014

First Industrial Realty Trust Inc., Q2 2014 Earnings Call, Jul 24, 2014

First Industrial Realty Trust, Inc. Announces Leases at 509,216 Square-Foot Distribution Center in the Chicago Market

First Industrial Realty Trust Inc. announced that it has signed two leases at its 509,216 square-foot distribution center at 4100 Rock Creek Boulevard in Joliet, IL, located at the intersection of Interstates 55 and 80. The company signed a long-term lease with a third party logistics provider for 100,000 square feet initially, effective June 30, 2014, that will ramp up to a total of 323,795 square feet in the second quarter of 2015. Additionally, the company signed an eight-month lease for 300,735 square feet at the facility with another logistics firm. The building will be approximately 79% occupied as of June 30, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FR:US $18.16 USD -0.19

FR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
DCT Industrial Trust Inc $7.93 USD 0.00
Duke Realty Corp $18.35 USD +0.01
Liberty Property Trust $35.08 USD -0.01
Prologis Inc $40.74 USD -0.01
View Industry Companies
 

Industry Analysis

FR

Industry Average

Valuation FR Industry Range
Price/Earnings 100.0x
Price/Sales 5.9x
Price/Book 2.0x
Price/Cash Flow 13.3x
TEV/Sales 1.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FIRST INDUSTRIAL REALTY TR, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.