NYSE · Real Estate · REIT - Industrial · USA
First Industrial Realty Trust Inc is a mid cap company (market value between $2 billion and $10 billion) in the REIT - Industrial industry.
First Industrial Realty Trust is a self-administered real estate company that owns, manages, acquires, develops and redevelops industrial properties across the United States. The company operates a portfolio of industrial assets through its operating partnership structure and serves diverse tenants through lease arrangements.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the First Industrial Realty Trust Inc stock.
Fairly valued: intrinsic value $56.62 per share, market price $58.19, margin of safety -2.8% (as of 2026-10-19).
Discounting its cash flows at 10.1% (average of 3 methods) values the shares at $56.62; the price of $58.19 is 3% above that value, and 73% of that value comes from beyond year five.
Leak Score: 41/100 on 11 of 12 signals (On Watch).
17 more funds hold it; the full list is part of the paid plan.
All 15 REIT - Industrial stocks
2 more in this industry show a wider margin of safety.
FR is fairly valued (as of the 2026-10-19 close). Discounting its cash flows at 10.1% (average of 3 methods) values the shares at $56.62; the price of $58.19 is 3% above that value, and 73% of that value comes from beyond year five.
$56.62 per share (as of the 2026-10-19 close), against a market price of $58.19. That is a margin of safety of -2.8%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
41 out of 100, which we rate "On Watch", on 11 of 12 value investing signals.