Head to Head Analysis: First Industrial Realty Trust (FR) & Its Rivals

First Industrial Realty Trust (NYSE:FR) is one of 50 public companies in the “Industrial REITs” industry, but how does it weigh in compared to its competitors? We will compare First Industrial Realty Trust to related businesses based on the strength of its risk, institutional ownership, profitability, earnings, valuation, analyst recommendations and dividends.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for First Industrial Realty Trust and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
First Industrial Realty Trust	0	8	7	0	2.47
First Industrial Realty Trust Competitors	420	2306	2556	76	2.43

First Industrial Realty Trust currently has a consensus target price of $64.93, indicating a potential upside of 17.32%. As a group, “Industrial REITs” companies have a potential upside of 48.02%. Given First Industrial Realty Trust’s competitors higher possible upside, analysts clearly believe First Industrial Realty Trust has less favorable growth aspects than its competitors.

Risk and Volatility

First Industrial Realty Trust has a beta of 1.01, indicating that its share price is 1% more volatile than the S&P 500. Comparatively, First Industrial Realty Trust’s competitors have a beta of 1.04, indicating that their average share price is 4% more volatile than the S&P 500.

Earnings & Valuation

This table compares First Industrial Realty Trust and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
First Industrial Realty Trust	$775.29 million	$247.44 million	20.57
First Industrial Realty Trust Competitors	$1.03 billion	$263.98 million	61.19

First Industrial Realty Trust’s competitors have higher revenue and earnings than First Industrial Realty Trust. First Industrial Realty Trust is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Dividends

First Industrial Realty Trust pays an annual dividend of $2.00 per share and has a dividend yield of 3.6%. First Industrial Realty Trust pays out 74.3% of its earnings in the form of a dividend. As a group, “Industrial REITs” companies pay a dividend yield of 4.5% and pay out 102.5% of their earnings in the form of a dividend. First Industrial Realty Trust has increased its dividend for 12 consecutive years.

Profitability

This table compares First Industrial Realty Trust and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
First Industrial Realty Trust	46.12%	12.60%	6.19%
First Industrial Realty Trust Competitors	38.05%	5.83%	2.72%

Insider & Institutional Ownership

99.8% of First Industrial Realty Trust shares are held by institutional investors. Comparatively, 61.8% of shares of all “Industrial REITs” companies are held by institutional investors. 1.1% of First Industrial Realty Trust shares are held by company insiders. Comparatively, 5.6% of shares of all “Industrial REITs” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

First Industrial Realty Trust competitors beat First Industrial Realty Trust on 9 of the 15 factors compared.

About First Industrial Realty Trust

First Industrial Realty Trust is a real estate investment trust focused on owning, operating, acquiring and developing industrial properties in the United States. Its portfolio includes warehouses, distribution facilities and other buildings used for manufacturing and logistics. The company serves businesses that need space to store, move or produce goods, with properties in major U.S. industrial and distribution markets. First Industrial was established in 1994 and is headquartered in Chicago. Peter E. Baccile serves as the company’s president and chief executive officer.