First Industrial Realty Trust, Inc. with ticker code (FR) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $64.00 and $42.00 calculating the mean target price we have $58.06. Given that the stocks previous close was at $52.44 this would imply there is now a potential upside of 10.7%. The 50 day moving average now sits at $54.54 and the 200 moving average now moves to $51.82. The market capitalization for the company is 7.13B. The stock price is currently at: $52.65 USD
The potential market cap would be $7,895,943,309 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 22.69, 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.
