First Industrial Realty Trust, with ticker code (FR) have now 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 65 and 50 calculating the mean target price we have $58.50. Given that the stocks previous close was at $51.83 and the analysts are correct then there would likely be a percentage uptick in value of 12.9%. The 50 day MA is $52.19 while the 200 day moving average is $50.30. The market cap for the company is $6,958m. Find out more information at: https://www.firstindustrial.com
The potential market cap would be $7,853m based on the market consensus.
First Industrial Realty Trust (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 2.47% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 17.91, revenue per share of 4.48 and a 3.37% return on assets.
