First Industrial Realty Trust Inc (FR)
First Industrial Realty Trust, Inc. (NYSE: FR) is a premier fully integrated industrial real estate investment trust (REIT) specializing in the ownership, operation, and development of high-quality industrial properties across key U.S. markets. With a robust portfolio strategically positioned near major transportation hubs, the company delivers tailored solutions to both multinational corporations and regional tenants. Committed to sustainability and innovation, First Industrial Realty Trust prioritizes customer service and operational excellence, making it a trusted partner in the logistics and manufacturing sectors.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 32.46% per annum.
- FR price at the close of November 11, 2025 was $56.64 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 75.69% per annum.
- FR price at the close of November 11, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of FR price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: April 4, 2025
End date: November 11, 2025
a = 2.5861
b = 0.0008
s = 0.0288
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 32.46%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0288) – 1
= 12.22%
April 4, 2025 calculations
Top border of price channel:
Exp(Y1,102)
= Exp(a + b × X1,102 + 2 × s)
= Exp(a + b × 1,604 + 2 × s)
= Exp(2.5861 + 0.0008 × 1,604 + 2 × 0.0288)
= Exp(3.8791)
= $48.38
Bottom border of price channel:
Exp(Y1,102)
= Exp(a + b × X1,102 – 2 × s)
= Exp(a + b × 1,604 – 2 × s)
= Exp(2.5861 + 0.0008 × 1,604 – 2 × 0.0288)
= Exp(3.7638)
= $43.11
November 11, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.5861 + 0.0008 × 1,825 + 2 × 0.0288)
= Exp(4.0493)
= $57.35
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.5861 + 0.0008 × 1,825 – 2 × 0.0288)
= Exp(3.9340)
= $51.11
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 32.46% per annum.
- FR price at the close of November 11, 2025 was $56.64 and was inside the primary price channel.
Secondary Trend
Start date: July 31, 2025
End date: November 11, 2025
a = 1.2085
b = 0.0015
s = 0.0218
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 75.69%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0218) – 1
= 9.11%
July 31, 2025 calculations
Top border of price channel:
Exp(Y1,182)
= Exp(a + b × X1,182 + 2 × s)
= Exp(a + b × 1,722 + 2 × s)
= Exp(1.2085 + 0.0015 × 1,722 + 2 × 0.0218)
= Exp(3.9109)
= $49.94
Bottom border of price channel:
Exp(Y1,182)
= Exp(a + b × X1,182 – 2 × s)
= Exp(a + b × 1,722 – 2 × s)
= Exp(1.2085 + 0.0015 × 1,722 – 2 × 0.0218)
= Exp(3.8237)
= $45.77
November 11, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(1.2085 + 0.0015 × 1,825 + 2 × 0.0218)
= Exp(4.0699)
= $58.55
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.2085 + 0.0015 × 1,825 – 2 × 0.0218)
= Exp(3.9827)
= $53.66
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 75.69% per annum.
- FR price at the close of November 11, 2025 was inside the secondary price channel.