First Industrial Realty Trust, which can be found using ticker (FR) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 65 and 50 with the average target price sitting at $57.90. Now with the previous closing price of $51.38 this would indicate that there is a potential upside of 12.7%. The day 50 moving average is $52.33 while the 200 day moving average is $50.21. The company has a market cap of $6,936m. Find out more information at: https://www.firstindustrial.com
The potential market cap would be $7,816m based on the market consensus.
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 68.9 million square feet of industrial space as of December 31, 2022.
The company has a dividend yield of 2.5% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 18.84, revenue per share of 4.09 and a 2.93% return on assets.
