FR, US32054K1034

First Industrial Realty Trust stock gained 1.00 percent before Q3 results

Published on 10/04/2026 at 14:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First Industrial Realty Trust stock closed at USD 59.46 on October 2, 2026, after a 1.00 percent gain. Q2 revenue rose 8.2 percent, while EPS missed consensus.

FR, US32054K1034, Illustration mit AI erstellt.

First Industrial Realty Trust (ISIN US32054K1034) closed at USD 59.46 on the NYSE on October 2, 2026, up 1.00 percent for the session. The next major company date is October 21, 2026, when First Industrial is scheduled to report third-quarter results, according to MarketBeat. For investors, the stock now sits between a recent earnings shortfall and a consensus target above the current share price.

Q2 revenue grew 8.2 percent

First Industrial reported USD 194.94 million in revenue for Q2 2026, an 8.2 percent increase from the same period a year earlier. Earnings per share came in at USD 0.58, below the USD 0.80 consensus estimate by USD 0.22, according to MarketBeat.

The same report lists fiscal 2026 EPS guidance of USD 3.12-3.20. That range gives the market a defined earnings framework ahead of the Q3 release, even as the latest quarter showed a gap between reported EPS and consensus.

Analysts see 13.4 percent upside

MarketBeat describes a Moderate Buy consensus from 15 research firms, including seven Buy ratings, seven Hold ratings and one Strong Buy rating. The average 12-month price target is USD 67.43, which places the target 13.4 percent above the October 2 closing price of USD 59.46.

That target sits below the stock's 52-week high of USD 69.88 and above its 52-week low of USD 50.24. The market is therefore valuing the company below its yearly peak while analysts continue to assign a higher average target.

Logistics assets shape the profile

First Industrial owns, operates, develops and acquires logistics properties in the United States. Its investor-relations profile states that the company owned or had under development 72.1 million square feet of industrial space across 15 target metropolitan areas as of June 30, 2026, according to First Industrial.

The portfolio scale makes leasing execution and occupancy important variables for the next earnings update. The October reporting date should provide the next quantified checkpoint for revenue, EPS and operating performance.

Stock closed at USD 59.46

First Industrial Realty Trust closed at USD 59.46 on the NYSE on October 2, 2026, with a market capitalization of USD 7.9 billion and volume of 1,143,701 shares. The 52-week range was USD 50.24 to USD 69.88.

First Industrial Realty Trust stock facts

Company: First Industrial Realty Trust, Inc.
ISIN: US32054K1034
Ticker: FR
Trading venue: NYSE
Price (as of October 2, 2026, 3:59 p.m. ET): Closing price (October 2, 2026) USD 59.46
Market capitalization: USD 7.9 billion (as of October 2, 2026)
52-week range: USD 50.24-69.88 (as of October 2, 2026)
Sector / Industry: Real Estate / Industrial REIT