First Industrial Realty Trust, which can be found using ticker (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 48 calculating the average target price we see $57.50. Now with the previous closing price of $52.65 this indicates there is a potential upside of 9.2%. Also worth taking note is the 50 day moving average now sits at $52.66 and the 200 day moving average is $50.00. The company has a market capitalization of $7,148m. Find out more information at: https://www.firstindustrial.com
The potential market cap would be $7,806m 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 64.1 million square feet of industrial space as of September 30, 2020.
The company has a dividend yield of 2.43% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 19.22, revenue per share of 4.09 and a 2.93% return on assets.
