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First Industrial Realty Trust, Inc. FR NYSE

NYSE • Real Estate • REIT - Industrial • US • USD

SharesGrow Score
60/100
2/7 Pass
SharesGrow Intrinsic Value
$55.95
-8.4%
Analyst Price Target
$63.89
+4.6%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

First Industrial Realty Trust, Inc. (FR) trades at a trailing P/E of 32.3, forward P/E of 37.1. Trailing earnings yield is 3.09%, forward earnings yield 2.70%. PEG 4.03. Graham Number is $29.58.

Criteria proven by this page:

  • VALUE (35/100, Fail) — PEG > 2.0 means the stock is expensive even after accounting for growth (PEG 4.03).
  • PEG Ratio 4.03 — above 2.0 suggests expensive relative to earnings growth.
  • Trailing Earnings Yield 3.09% — roughly competitive with bond yields (~4.3%), moderate risk-reward.
  • Analyst consensus target $63.89 (+4.6% upside) — modest upside expected.

Overall SharesGrow Score: 60/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score
60/100
SG Score
View full scorecard →
VALUE
35/100
Price-to-Earnings & upside
Proven by this page
~
FUTURE
55/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
~
HEALTH
50/100
Debt-to-Equity & liquidity
→ Health
MOAT
34/100
→ Income
~
GROWTH
48/100
→ Income
INCOME
100/100
→ Income

Valuation Snapshot — FR

Valuation Multiples
P/E (TTM)32.3
Forward P/E37.1
PEG Ratio4.03
Forward PEG4.03
P/B Ratio2.99
P/S Ratio11.01
EV/EBITDA19.0
Per Share Data
EPS (TTM)$1.87
Forward EPS (Est.)$1.65
Book Value / Share$20.83
Revenue / Share$5.49
FCF / Share$3.64
Yields & Fair Value
Earnings Yield3.09%
Forward Earnings Yield2.70%
Dividend Yield3.04%
Graham Number$29.58
SharesGrow IV$55.95 (-8.4%)
Analyst Target$63.89 (+4.6%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 26.6 0.47 2.60 8.54 2.56%
2017 18.5 0.30 2.61 9.39 2.70%
2018 21.9 -0.95 2.17 8.85 3.07%
2019 22.0 0.50 2.97 12.33 2.23%
2020 26.7 -1.40 2.83 12.02 2.37%
2021 31.7 0.87 3.91 18.03 1.63%
2022 17.7 0.59 2.59 11.80 2.44%
2023 25.3 -1.08 2.72 11.35 2.43%
2024 23.1 5.34 2.49 9.91 2.92%
2025 30.7 -2.22 2.84 10.43 3.05%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $1.05 $378.02M $121.23M 32.1%
2017 $1.69 $396.4M $201.46M 50.8%
2018 $1.31 $403.95M $163.24M 40.4%
2019 $1.88 $425.98M $238.78M 56.1%
2020 $1.53 $448.03M $195.99M 43.7%
2021 $2.09 $476.29M $271M 56.9%
2022 $2.02 $539.93M $266.67M 49.4%
2023 $2.07 $614.03M $274.82M 44.8%
2024 $2.17 $669.64M $287.34M 42.9%
2025 $1.87 $727.08M $247.44M 34%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $1.65 $1.64 – $1.65 $748.11M $745.41M – $750.8M 4
2027 $1.88 $1.85 – $1.92 $803.65M $790.66M – $816.65M 4
2028 $1.93 $1.77 – $2.09 $865.83M $844.31M – $887.35M 2
2029 $2.02 $1.96 – $2.06 $939.05M $920.56M – $956.8M 1
2030 $2.34 $2.28 – $2.40 $1.09B $1.07B – $1.11B 1
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