Saturday, June 30, 2012 0 comments

Value Stock Winner: First Industrial Realty Trust, Inc. - FR

On February 9th, 2007 First Industrial Realty Trust, Inc., stock ticker FR, was worth $49.00 per share. FR was paying a 71 cent per share quarterly dividend and they were riding high. FR had sold around $33.00 to $49.00 dollars since early 2002. Well, the Great Recession hit in 2008/early 2009 and FR plummeted to $2.21 on February 27th, 2009. They cut their dividend and all that was left were shareholders wondering what to do with their losses. What a disaster.


Since then FR has jumped back up to $12.62 per share, as of June 30th, 2012. They have continued to pay a dividend on their Preferred shares, and things appear to be on the up and up. FR announced that for fiscal 2012, they expect funds from operations in the range of $0.89 to $0.99 per share and funds from operations excluding loss from early retirement of debt in the range of $0.96 to $1.06 per share. FR also announced that for fiscal 2012, they expects net income (loss) available to common stockholders in the range of (0.39)-(0.29) per share. According to I/B/E/S Estimates, analysts are expecting the Company to report FFO of $0.95 for fiscal 2012.


What is First Industrial Realty Trust, Inc.? Well, they are a real estate investment trust. FR is a self-administered and fully integrated real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate. They are engaged in the acquisition of individual properties, as well as multi-property portfolios. As of December 31, 2011, their in-service portfolio consisted of 354 light industrial properties, 113 R&D/flex properties, 159 bulk warehouse properties, 105 regional warehouse properties, and eight manufacturing properties containing approximately 68.6 million square feet of gross leasable area (GLA) located in 26 states in the United States and one province in Canada.


FR's situation is changing rapidly as the economy improves. FR is working on their debt and selling dead weight properties, that small business and owner/user and will occupy. The availability of Class A real estate with good market cash flows are very hard to come by. 


FR Current Statistics:
52 week $7.15 - $12.85
Vol / Avg. 1.12M/597,026.00
Mkt cap 1.12B
EPS -0.57
Shares 88.64M
Beta 2.44
Inst. own 85%


In closing, FR is selling at a bargain basement price and provides great potential. Purchasing FR at their current share price is simply the cheapest way for a retail investor to buy real estate and the debt at very reasonable prices. Feel free to visit FR's homepage by clicking here, and also visit their Investor Relations page, here. Additionally, please take a second to scroll down below and see which companies are currently tenants of First Industrial Realty Trust, Inc. Some of the best companies in the business rely on FR's real estate to house their corporate offices, storage facilities and stores. Even the FBI leases from FR!


I suggest that you purchase some shares of FR now cause once the real estate market bounces back (and it eventually will) you will be in a great profit taking position!


List provided by http://www.firstindustrial.com/na-en/tenants

ALDI Inc.
Amazon.com
Amcor Sunclipse
American Bottling
American Leather 
Atlas Cold Storage 
Atronic Americas 
Brooks Industries 
C&S Wholesale Grocers
Caterpillar Logistics
Church & Dwight Co., Inc.
Current Government Tenants 
Cybex International
Daiwa Can 
DBL Distributing 
Electronics Boutique
Exel Logistics
Firstar Fiber Corp. 
Ford Motor Co. 
General Motors 
Georgia Gulf 
Gourmet Express 
Jacobson Cos.
Libbey Inc.
Longs Drug Stores
Mary Kay Inc.
Maytag
McDonnell Douglas 
Mohawk Industries 
Newell Rubbermaid 
Ozburn-Hessey (Development)
Ozburn-Hessey (Sale Leaseback)
Pearson Education
Pier 1 Imports
Port of Houston 
Procter & Gamble 
Quad/Graphics, Inc. 
Quantum Foods
Ridge Tool 
Rockwell Automation
Rust-Oleum Corp. 
SC Johnson 
Sears Holdings 
Smurfit-Stone
Solo Cup 
Square D
Stanley Steemer 
Staples, Inc. 
SuperValu Inc.
The Hershey Company
Tractor Supply
Tucker Rocky
Unisource
United States (FBI) 
Uponor, Inc. 
VW of America 
Walgreen Company 
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Value Stock Picks for the Week of 7/2/12 to 7/6/12


Greetings! I would like to thank you for visiting the Value Stock Investing Notebook! I hope you are having a great day.

Listed below are my value stock investment selections for the upcoming week of 7/2/12 to 7/6/12. Any one of these companies will provide steady growth to your Roth or Traditional IRA stock portfolio as they are currently undervalued.

I will check back on 7/7/12 to determine how well or poor my picks performed. Continue to invest as much as you can each week into undervalued stocks so you can maximize your profits over the long-term horizon.

Company Name/Stock Ticker/Current Price


The Buckle, Inc.(NYSE:BKE) $38.57
RadioShack Corporation(NYSE:RSH) $3.84
Bank of America Corp(NYSE:BAC) $8.18
Lloyds Banking Group PLC (ADR)(NYSE:LYG) $1.92
Sirius XM Radio Inc(NASDAQ:SIRI) $1.85
Exxon Mobil Corporation(NYSE:XOM) $85.57
Brandywine Realty Trust(NYSE:BDN) $12.34
American International Group, Inc.(NYSE:AIG) $32.09
Nokia Corporation (ADR)(NYSE:NOK) $2.07
Cooper Tire & Rubber Company(NYSE:CTB) $17.54
JPMorgan Chase & Co.(NYSE:JPM) $35.73
McDonald's Corporation(NYSE:MCD) $88.53
Joy Global Inc.(NYSE:JOY) $56.73
CF Industries Holdings, Inc.(NYSE:CF) $193.74
Cummins Inc.(NYSE:CMI) $96.91
First Industrial Realty Trust, Inc.(NYSE:FR) $12.62
The Western Union Company(NYSE:WU) $16.84
Lockheed Martin Corporation(NYSE:LMT) $87.08
BP plc (ADR)(NYSE:BP) $40.54
Microsoft Corporation(NASDAQ:MSFT) $30.59


Stock Price as of 6/30/12

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