First Industrial Realty Trust (FR) is rated 'Buy' as it shows strong fundamentals despite an 11% decline in share price since July. The company reported 39% growth in cash rental rates on new leases and 6.7% growth in same-store net operating income (NOI), with occupancy rising to 94.9%. Management has increased its 2026 forecasts for funds from operations (FFO) and NOI, supported by ongoing tenant interest in development projects across key U.S. markets. At a valuation of 18.8 times FFO and a forward yield of 3.4%, FR presents a reasonable entry point with about 12% upside potential to its fair value.
First Industrial's recent 39% rent growth contrasts with the Real Estate sector's mostly rising stock prices on Pluang. As of Oct 06, 2026 22:21 WIB, 24 of 26 Real Estate stocks gained while only 1 declined. Notably, Extra Space Storage (EXR) rose 1.45% to USD 134.84 with a typical hold time of 108 days, whereas KE Holdings (BEKE) fell despite 100% sell order activity, priced at USD 16.73 with a 22-day hold time.
iHerb Holdings appointed Jordan Sweetnam, eBay's Chief Commercial Officer, as an independent director to its board. Sweetnam brings extensive experience in global eCommerce, having held senior roles at eBay and Walmart, and will support iHerb's expan...
Strategy, the largest corporate Bitcoin treasury company, reported $44.75 diluted earnings per share for Q3 2026, driven by a $20.9 billion gain on its Bitcoin holdings. The company’s net income surged to $19.53 billion, up from $2.79 billion a year ...
The Optimism Foundation has proposed a new rebate mechanism for partners on the OP Mainnet, an Ethereum layer-2 network. This mechanism would pay rebates in Ether (ETH) based on sequencer and priority fee revenue, capped at fees attributable to each ...
General Motors will pay $220 million to settle allegations from 36 states that it illegally sold private driving behavior and location data to data brokers. The settlement requires GM to obtain drivers' explicit consent before collecting or sharing s...
Centerra Gold Inc. announced a quarterly dividend of C$0.07 per common share, totaling approximately C$13.6 million (US$9.5 million). The dividend will be paid on December 2, 2026, to shareholders recorded by November 19, 2026. This dividend is eligi...
