Stock analysis, trade plans, and proprietary indicators by Trend Edge.
About First Industrial Realty Trust Inc
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. Read full Trend Edge analysis →
Sector: Real Estate
Industry: REIT-Industrial
Exchange: NYSE
IPO Date: June 23, 1994
Headquarters: One North Wacker Drive, Chicago, IL, United States, 60606-6627
Hidden Gem: Yes — undiscovered relative to its market cap tier
Founder-Led: Yes — Johannson L. Yap (Chief Investment Officer and Executive Vice President of West Region)
Key Metrics
Current Price
$63.28
Market Cap
$8.56B
Float
131.7M
Shares Outstanding
132.6M
P/E (Forward)
36.76
P/E (TTM)
24.11
Price/Sales (TTM)
11.48
vs. Analyst Target
+5.9% to analyst PT
Profit Margin
45.95%
Operating Margin (TTM)
35.00%
Revenue (TTM)
$745M
Earnings Growth (YoY)
199.70%
Dividend Rate
1.9%
Analyst Target Price
$67.00 (18 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$448M
$202M
$329M
$304M
2021
$476M
$271M
$345M
$465M
2022
$540M
$359M
$396M
$491M
2023
$614M
$275M
$448M
$501M
2024
$670M
$287M
$487M
$557M
2025
$727M
$247M
$164M
$569M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jun 2025
$180M
$55.1M
Sep 2025
$181M
$65.3M
Dec 2025
$188M
$78.8M
Mar 2026
$195M
$143M
Ownership & Float
Insider Ownership
0.4%
Institutional Ownership
104.0%
Short Float
2.6%
% of All Funds Holding
5.24%
Number of Funds Holding
431
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$60.77
Near-term / short-term trend
Weekly
40-Week SMA
$57.55
Medium-term trend
Weekly
80-Week SMA
$54.28
Cyclical trend (business cycle)
Weekly
200-Week SMA
$52.25
Secular trend (multi-year)
Monthly
10-Month SMA
$57.82
Near-term monthly trend
Monthly
20-Month SMA
$54.63
Medium-term monthly trend
Monthly
40-Month SMA
$52.83
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$52.00
support
1.05x
6 months ago
Historical Earnings Reactions (113 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.08%
0.00%
48.67%
4.79%
-4.16%
1 Day
0.35%
0.12%
52.21%
27.85%
-5.21%
1 Week
0.73%
-0.21%
44.25%
40.31%
-22.85%
2 Weeks
0.10%
-0.23%
48.67%
59.16%
-26.31%
1 Month
0.99%
1.08%
56.25%
59.42%
-36.25%
Next earnings: July 15, 2026 (49 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
0.2%
43.8%
32
Feb
-0.4%
65.6%
32
Mar
2.6%
62.5%
32
Apr
1.0%
43.8%
32
May
0.4%
61.3%
31
Jun
-0.7%
61.3%
31
Jul
1.4%
53.1%
32
Aug
-0.3%
53.1%
32
Sep
0.1%
46.9%
32
Oct
0.5%
65.6%
32
Nov
1.7%
75.0%
32
Dec
2.4%
65.6%
32
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.03%
49.2%
1509
Tuesday
0.10%
49.5%
1648
Wednesday
-0.11%
46.3%
1647
Thursday
0.10%
49.9%
1614
Friday
0.15%
52.6%
1609
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 104.0%
Insider Transactions — Smart Summary
Total insider ownership: 0.4%
Founder-led management: Johannson L. Yap (Chief Investment Officer and Executive Vice President of West Region)
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The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
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qualitative analysis (business model, competitive moat, sector dynamics),
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