FR
First Industrial Realty Trust, Inc.
NYSEUSDEQUITY
Real Estate
DELAYED
Neutral
-11/100
Last price
59.26
▲ 0.04 (0.07%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
58.26
Prev close
59.22
Day high
59.80
Day low
58.90
Volume
1.37M
Market cap
$8.12B
P/E (TTM)
21.55
52W range
50.24 – 69.88
Day trading desk
Gap from prior close
-1.62%
Prior close 59.22
VWAP
59.36
-0.17% from price
Relative volume
3.66×
Unusually busy
Session range
2.65%
58.26 – 59.81
Position in range
65%
Mid range
ATR (14D)
1.07
1.80% of price
Prior day high
60.28
PDH
Prior day low
59.16
PDL
Bid / ask spread
—
Quote not published
Session volume
3.85M
Avg 1.05M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-3.09%
-5.0%
1M
-4.19%
-5.3%
3M
-8.32%
-12.8%
6M
+0.34%
-17.8%
YTD
+3.47%
-10.8%
1Y
+14.62%
-1.8%
3Y
+24.52%
-57.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on FR open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
467.98K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Apr 30, 26 | DOMINSKI MATTHEW S Director |
STOCK | 2.42K | $0 | Direct |
| Feb 19, 26 | SCHULTZ PETER O Officer |
STOCK | 200 | $0 | Direct |
| Dec 17, 25 | YAP JOHANNSON L Chief Investment Officer |
SELL | 680 | $39.69K | Indirect |
| Apr 30, 25 | DOMINSKI MATTHEW S Director |
STOCK | 2.52K | $0 | Direct |
| Dec 17, 24 | MATTHEWS RICE JENNIFER General Counsel |
STOCK | 425 | $0 | Direct |
| Dec 16, 24 | SCHULTZ PETER O Officer |
STOCK | 100 | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
DOMINSKI MATTHEW S |
Director | 39.39K | Stock Award(Grant) |
MATTHEWS RICE JENNIFER |
General Counsel | 26.17K | Stock Gift |
MUSIL SCOTT A |
Chief Financial Officer | 78.65K | Stock Gift |
SCHULTZ PETER O |
Officer | 95.27K | Stock Gift |
YAP JOHANNSON L |
Chief Investment Officer | — | Sale |
Fundamentals
Market cap$8.12B
Enterprise value$10.49B
Revenue (TTM)$760.37M
Gross profit$560.74M
EBITDA$520.56M
Net income$364.18M
EPS (TTM)$2.75
Free cash flow$290.64M
Total cash$46.05M
Total debt$2.58B
Book value / share$20.94
Shares outstanding132.57M
Float131.69M
Short % of float4.61%
Dividend yield3.38%
Beta (5Y)1.04
Valuation & profitability ratios
Trailing P/E21.55
Forward P/E31.43
PEG ratio—
Price / sales—
Price / book2.83
EV / revenue13.79
EV / EBITDA20.15
Gross margin73.75%
Operating margin45.10%
Profit margin47.92%
Return on equity13.63%
Return on assets3.52%
Debt / equity90.05
Current ratio1.50
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $727.08M | $669.64M | $614.03M | $539.93M | +8.6% |
| Operating revenue | $720.58M | $663.51M | $607.45M | $533.56M | +8.6% |
| Cost of revenue | $191.48M | $182.82M | $165.66M | $143.66M | +4.7% |
| Gross profit | $535.60M | $486.82M | $448.37M | $396.27M | +10.0% |
| Research & development | $629.00K | $1.53M | $3.67M | $909.00K | -58.9% |
| Selling, general & admin | $41.95M | $40.94M | $37.12M | $33.97M | +2.5% |
| Total operating expense | $227.89M | $214.40M | $203.74M | $182.30M | +6.3% |
| Operating income | $307.71M | $272.42M | $244.63M | $213.97M | +13.0% |
| Net interest income | -$89.92M | -$86.62M | -$77.96M | -$52.20M | -3.8% |
| Pre-tax income | $244.69M | $297.77M | $262.32M | $290.03M | -17.8% |
| Net income | $247.44M | $287.55M | $274.82M | $359.13M | -13.9% |
| Net income to common | $247.30M | $287.34M | $274.58M | $358.79M | -13.9% |
| Basic EPS | 1.87 | 2.17 | 2.08 | 2.72 | -13.8% |
| Diluted EPS | 1.87 | 2.17 | 2.07 | 2.72 | -13.8% |
| EBIT | $329.58M | $380.74M | $336.66M | $339.05M | -13.4% |
| EBITDA | $524.66M | $557.03M | $501.17M | $491.37M | -5.8% |
| Basic shares | 132.45M | 132.37M | 132.26M | 132.02M | +0.1% |
| Diluted shares | 132.51M | 132.42M | 132.34M | 132.10M | +0.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $78.03M | $44.51M | $43.84M | $133.24M | — | +75.3% |
| Cash & short-term investments | $78.03M | $44.51M | $43.84M | $133.24M | — | +75.3% |
| Accounts receivable | $192.94M | $170.19M | $155.03M | $130.05M | — | +13.4% |
| Inventory | $0 | $4.63M | $0 | — | $0 | -100.0% |
| Total current assets | $270.98M | $226.51M | $198.87M | $275.17M | — | +19.6% |
| Property, plant & equipment | $19.59M | $19.87M | $24.21M | $24.58M | — | -1.4% |
| Total assets | $5.69B | $5.26B | $5.18B | $4.95B | — | +8.1% |
| Total current liabilities | $539.30M | $570.49M | $593.36M | $478.46M | — | -5.5% |
| Current debt | $183.00M | $282.00M | $299.00M | $143.00M | — | -35.1% |
| Long-term debt | $2.37B | $1.93B | $1.93B | $1.92B | — | +23.0% |
| Total debt | $2.57B | $2.23B | $2.25B | $2.09B | — | +15.5% |
| Total liabilities | $2.93B | $2.52B | $2.54B | $2.42B | — | +16.4% |
| Retained earnings | $230.67M | $219.09M | $127.71M | $23.13M | — | +5.3% |
| Shareholder equity | $2.67B | $2.67B | $2.56B | $2.46B | — | +0.2% |
| Working capital | -$268.33M | -$343.98M | -$394.49M | -$203.28M | — | +22.0% |
| Net tangible assets | $2.67B | $2.67B | $2.56B | $2.46B | — | +0.2% |
| Shares issued | 132.47M | 132.35M | 132.29M | 132.14M | — | +0.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $264.08M | $295.99M | $285.84M | $381.61M | -10.8% |
| Depreciation & amortisation | $195.08M | $176.29M | $164.51M | $152.32M | +10.7% |
| Change in working capital | $17.75M | $10.74M | -$6.78M | $26.45M | +65.3% |
| Operating cash flow | $461.34M | $352.54M | $304.81M | $410.94M | +30.9% |
| Investing cash flow | -$524.18M | -$131.62M | -$378.31M | -$629.11M | -298.3% |
| Dividends paid | -$231.22M | -$193.48M | -$169.37M | -$155.33M | -19.5% |
| Financing cash flow | $89.19M | -$213.08M | -$27.78M | $304.50M | +141.9% |
| Free cash flow | $461.34M | $352.54M | $304.81M | $410.94M | +30.9% |
| End cash position | $78.03M | $51.68M | $43.84M | $145.12M | +51.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $194.94M | $194.83M | $188.41M | $181.43M | $180.16M | +0.1% |
| Operating revenue | $193.97M | $193.93M | $187.20M | $179.81M | $177.77M | +0.0% |
| Cost of revenue | $47.96M | $53.61M | $51.53M | $46.19M | $45.45M | -10.5% |
| Gross profit | $146.98M | $141.21M | $136.88M | $135.25M | $134.71M | +4.1% |
| Selling, general & admin | $8.85M | $22.97M | $9.06M | $8.55M | $8.43M | -61.5% |
| Total operating expense | $59.08M | $73.04M | $58.30M | $54.30M | $55.64M | -19.1% |
| Operating income | $87.90M | $68.17M | $78.58M | $80.94M | $79.07M | +28.9% |
| Net interest income | -$26.04M | -$25.35M | -$23.31M | -$23.12M | -$23.05M | -2.7% |
| Pre-tax income | $78.44M | $151.82M | $65.19M | $67.17M | $57.02M | -48.3% |
| Tax provision | -$1.18M | $4.01M | $9.11M | $192.00K | $79.00K | -129.3% |
| Net income | $77.10M | $143.10M | $78.85M | $65.31M | $55.19M | -46.1% |
| Net income to common | $77.05M | $143.04M | $78.81M | $65.27M | $55.15M | -46.1% |
| Basic EPS | 0.58 | 1.08 | 0.59 | 0.49 | 0.42 | -46.3% |
| Diluted EPS | 0.58 | 1.08 | 0.59 | 0.49 | 0.42 | -46.3% |
| EBIT | $102.90M | $175.64M | $87.16M | $88.90M | $78.74M | -41.4% |
| EBITDA | $153.13M | $236.76M | $135.76M | $134.65M | $126.02M | -35.3% |
| Basic shares | 132.60M | 132.57M | 132.49M | 132.45M | 132.43M | +0.0% |
| Diluted shares | 132.67M | 132.64M | 132.58M | 132.50M | 132.48M | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $46.05M | $37.15M | $78.03M | $33.51M | $34.95M | +24.0% |
| Cash & short-term investments | $46.05M | $37.15M | $78.03M | $33.51M | $34.95M | +24.0% |
| Accounts receivable | $196.06M | $196.73M | $192.94M | $184.54M | $180.40M | -0.3% |
| Inventory | — | — | $0 | — | — | — |
| Total current assets | $310.23M | $233.87M | $270.98M | $221.34M | $215.35M | +32.6% |
| Property, plant & equipment | $19.02M | $19.34M | $19.59M | $19.91M | $19.31M | -1.7% |
| Total assets | $5.78B | $5.77B | $5.69B | $5.51B | $5.45B | +0.1% |
| Total current liabilities | $326.90M | $336.71M | $539.30M | $344.41M | $307.62M | -2.9% |
| Current debt | — | — | $183.00M | — | — | — |
| Long-term debt | $2.57B | $2.57B | $2.37B | $2.40B | $2.39B | +0.0% |
| Total debt | $2.58B | $2.58B | $2.57B | $2.42B | $2.41B | -0.0% |
| Total liabilities | $2.91B | $2.92B | $2.93B | $2.77B | $2.72B | -0.3% |
| Retained earnings | $317.48M | $306.73M | $230.67M | $210.97M | $204.66M | +3.5% |
| Shareholder equity | $2.78B | $2.76B | $2.67B | $2.65B | $2.65B | +0.6% |
| Working capital | -$16.67M | -$102.83M | -$268.33M | -$123.06M | -$92.27M | +83.8% |
| Net tangible assets | $2.78B | $2.76B | $2.67B | $2.65B | $2.65B | +0.6% |
| Shares issued | 132.57M | 132.57M | 132.47M | 132.42M | 132.41M | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $79.69M | $147.92M | $86.95M | $67.36M | $56.88M | -46.1% |
| Depreciation & amortisation | $48.87M | $61.12M | $48.24M | $45.68M | $47.27M | -20.0% |
| Change in working capital | $4.15M | -$9.44M | -$3.42M | $21.34M | $2.62M | +144.0% |
| Operating cash flow | $113.96M | $88.89M | $122.11M | $124.61M | $126.05M | +28.2% |
| Investing cash flow | $32.44M | -$72.48M | -$163.24M | -$70.90M | -$76.70M | +144.8% |
| Dividends paid | -$68.07M | -$60.38M | -$60.38M | -$60.38M | -$60.38M | -12.7% |
| Financing cash flow | -$69.37M | -$57.30M | $82.35M | -$51.85M | -$51.81M | -21.1% |
| Free cash flow | $113.96M | $88.89M | $122.11M | $124.61M | $126.05M | +28.2% |
| End cash position | $114.17M | $37.15M | $78.03M | $36.81M | $34.95M | +207.4% |
Options analytics
Put / call volume
0.60
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
60.00
+1.2% from spot
ATM implied vol
12.5%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
5
Contracts, this expiry
Put volume
3
Contracts, this expiry
Heaviest call OI
65.00
0 contracts
Heaviest put OI
60.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.43 | 0.58 | +36.2% |
| Mar 2026 | 0.33 | 1.08 | +223.7% |
| Dec 2025 | 0.42 | 0.59 | +39.4% |
| Sep 2025 | 0.39 | 0.49 | +25.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.45 | 3 | $196.18M | +8.1% |
| Next quarter | 0.46 | 4 | $201.57M | +7.0% |
| Current year | 2.14 | 2 | $786.30M | +8.1% |
| Next year | 1.89 | 4 | $838.80M | +6.7% |
Analyst targets & ownership
Mean target$72.25
High target$86.00
Low target$66.00
Implied upside21.92%
Analyst count16
ConsensusBUY
Strong buy / Buy3 / 7
Hold7
Sell / Strong sell0 / 0
Held by insiders0.35%
Held by institutions103.13%
Institutions holding677
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
60.24
-1.62% from price
SMA 20
60.89
-2.67% from price
SMA 50
62.33
-4.92% from price
SMA 100
62.91
-5.80% from price
SMA 200
61.44
-3.55% from price
EMA 12
60.22
-1.59% from price
EMA 26
61.05
-2.94% from price
EMA 50
61.87
-4.21% from price
RSI (14)
32.7
Neutral
MACD (12,26,9)
-0.84
Hist -0.17
ATR (14)
1.07
1.80% of price
Realised vol 30D
13.2%
Annualised
Bollinger upper
62.90
20, 2σ
Bollinger lower
58.88
20, 2σ
50 / 200 cross
Golden
62.33 vs 61.44
Trend bias
Below 200
-3.55%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.42
Less volatile than market
Correlation to SPY
0.29
Largely independent
Realised vol 30D
13.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-14.5%
Peak to trough
Max drawdown 5Y
-38.9%
Peak to trough
ATR 14
1.07
1.80% of price
Beta (reported)
1.04
5Y monthly, from filing
Short interest
Shares short
4.52M
Prior 3.77M
Change vs prior
+19.8%
Shorts adding
% of float
4.61%
Normal
% of shares out
3.41%
Against total outstanding
Days to cover
6.0
Crowded exit
Float
131.69M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 1, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Aug 12, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Aug 3, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Jul 29, 26 | Baird | MAINTAINED | Outperform | Outperform |
| Jul 28, 26 | Citigroup | MAINTAINED | Neutral | Neutral |
| Jul 28, 26 | Truist Securities | MAINTAINED | Buy | Buy |
| Jul 16, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Jun 1, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| May 15, 26 | Truist Securities | MAINTAINED | Buy | Buy |
| Apr 28, 26 | Baird | MAINTAINED | Outperform | Outperform |
| Mar 2, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Feb 23, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
Dividends & splits
Forward rate$2.00 / yr
Forward yield3.38%
5-year avg yield2.51%
Payout ratio68.73%
Ex-dividend dateSep 30, 2026
Next pay dateOct 19, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-18
Periodic Financial Reports
10-Q · 2026-07-23
Corporate Changes & Voting Matters
8-K · 2026-07-22
Corporate Changes & Voting Matters
8-K · 2026-04-30
Periodic Financial Reports
10-Q · 2026-04-24
Corporate Changes & Voting Matters
8-K · 2026-04-22
Proxy Statements
DEFA14A · 2026-04-13
Annual Report to Shareholders
ARS · 2026-03-31
Headlines
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.