First Industrial Realty Trust, Inc. Common Stock (FR)

New York, NY – STAG Industrial (NYSE:STAG), a leading real estate investment trust (REIT) focused on single-tenant industrial properties, has once again affirmed its commitment to shareholder returns with a consistent monthly dividend declaration. While the specific amount of $0.1233 per share was noted for payouts in late 2024,

REITs are prime to rise with falling rates.

FR stock results show that First Industrial Realty beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

FR stock results show that First Industrial Realty missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.

Real estate stocks drop due to poor housing data and high mortgage rates, with concerns for sector's future. Rates highest since December 2023.