First Industrial Realty Trust, Inc. with ticker code (FR) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $64.00 and $42.00 suggesting an average Analsyt target price of $57.75. Given that the stocks previous close was at $50.13 this now indicates there is a potential upside of 15.2%. Also worth taking note is the 50 day moving average now sits at $52.49 and the 200 moving average now moves to $51.63. The market cap for the company is 6.73B. The stock price is currently at: $49.48 USD
The potential market cap would be $7,751,592,415 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 21.33, revenue per share of $4.95 and a 3.23% return on assets.
First Industrial Realty Trust, Inc. is a self-administered and fully integrated real estate company. The Company owns, manages, acquires, sells, develops, and redevelops industrial real estate. The Company manages, leases, buys, (re) develops, and sells bulk and regional distribution centers, light industrial, and other industrial facility types. The Company owns approximately 426 industrial properties, of which 416 are classified as in-service. The 416 in-service industrial properties contained an aggregate of approximately 62.9 million square feet of gross leasable area (GLA) in 18 states, with a diverse base of tenants engaged in a wide variety of businesses, including e-commerce, third-party logistics and transportation, consumer and other manufactured products, retail and consumer services, food and beverage, lumber and building materials, wholesale goods, health services, governmental and other.
