First Industrial Realty Trust, Inc. Stock News

REITs are offering a once-in-a-decade opportunity. They are heavily discounted and some enjoy strong catalysts in 2025. This could lead to significant upside. Here are some of my top picks.

REITs have faced challenges but now trade at attractive valuations with solid upside potential over the next 1 to 2 years. Industrial REITs, especially in Southern California, have experienced downward pressure but maintain strong fundamentals despite market volatility. First Industrial Realty Trust is a fundamentally sound industrial REIT with significant long-term upside potential.

The industrial REIT sector has seen significant price corrections due to changing macroeconomic factors, making current pricing more investible. Investor enthusiasm has waned, reflected in falling AFFO multiples from 35.5x in 2021 to 20.5x recently. Despite strong demand, new supply has suppressed rent growth and occupancy, leading to tepid SSNOI growth.

As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpass higher-yielding stocks over time, offering better yield on cost. Dividend growers often outperform the REIT average in total returns, driven by strong AFFO growth and superior gains in stock price.

REITs are presenting a historic opportunity. Their valuations are the lowest since the great financial crisis. We present 3 REITs offering significant upside potential.

Not all REITs are created equal. Some are growing far faster than others. We highlight 3 REITs with rapid growth prospects in 2025.

First Industrial Realty has shown solid performance, with a 26% rise in the past year and a 12% return since my last "buy" rating. Despite strong renewal lease signings and a robust balance sheet, elevated interest rates and geopolitical risks could cap FR's upside potential. FR's 2.8% dividend yield, 7+% expected dividend growth, and strong renewal activity support a "buy" rating, targeting 10...

Most REITs are in a strong position to grow their dividend in 2025. But some are growing far faster than others. I discuss 3 of the fastest growing REITs.