FR, US32054K1034

First Industrial Realty Trust declares USD 0.50 dividend per First Industrial Realty Trust stock

Published on 10/06/2026 at 05:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A USD 67.43 target covered First Industrial Realty Trust stock on September 30, 2026. Q2 revenue rose 8.2 percent to USD 194.94 million.

FR, US32054K1034, Illustration mit AI erstellt.

First Industrial Realty Trust (ISIN US32054K1034) declared a USD 0.50 quarterly dividend per share or unit for the quarter ending September 30, 2026, payable on October 19, 2026. MarketBeat reported the dividend details on September 30, 2026, while its report also put the average 12-month price target at USD 67.43.

Dividend payment is scheduled

The payment date gives the income profile a concrete near-term date, but the ex-dividend date of September 30, 2026 has already passed. MarketBeat reported seven buy ratings, seven hold ratings and one strong buy rating among 15 research firms, producing a Moderate Buy consensus.

The average target of USD 67.43 stood above the USD 61.13 share price cited in the September 30 report. That comparison implies a 10.31 percent gap from the reported share price to the target, calculated as USD 67.43 divided by USD 61.13 minus one.

Second-quarter revenue rose 8.2 percent

First Industrial reported USD 194.94 million of revenue in the second quarter of 2026, up 8.2 percent from the year-earlier quarter, according to MarketBeat on September 30, 2026. Earnings per share came to USD 0.58, below the USD 0.80 consensus estimate by USD 0.22.

The revenue result and the earnings shortfall point in different directions. Revenue growth supports the operating story, while the 27.50 percent earnings-per-share miss against consensus keeps valuation and execution central to the next report.

Logistics portfolio remains the anchor

First Industrial owns and has under development 72.1 million square feet of industrial space across 15 target metropolitan areas as of June 30, 2026, according to the company's investor-relations page. The portfolio is focused on logistics properties serving supply chains, giving leasing activity a direct link to revenue generation.

The next scheduled earnings date is October 21, 2026, according to Investing.com. That report will provide the next quantified test of revenue growth, earnings per share and the dividend-supported income case.

FR stays within its yearly range

First Industrial had a market capitalization of USD 7.9 billion on October 5, 2026. Its NYSE share price was within a 52-week range of USD 50.24 to USD 69.88 on that date, while the prior close at Lang & Schwarz was EUR 52.75 on October 2, 2026.