First Industrial Realty Trust, Inc. with ticker code (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 46 calculating the average target price we see $58.20. Now with the previous closing price of $51.75 this indicates there is a potential upside of 12.5%. It’s also worth noting that there is a 50 day moving average of $52.50 and the 200 day moving average is $51.30. The company has a market cap of 6.93B. The stock price for the company is currently 51.07 USD
The potential market cap would be $7,792,124,978 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 21.28, revenue per share of 4.44 and a 3.02% 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.
