First Industrial Realty Trust, Inc. – Consensus ‘buy’ rating and -4.1% Downside Potential

Broker Ratings
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First Industrial Realty Trust, Inc. which can be found using ticker (FR) now have 14 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $63.00 and $41.00 suggesting an average Analsyt target price of $50.79. Given that the stocks previous close was at $52.97 this would indicate that there is a downside of -4.1%. It’s also worth noting that there is a 50 day moving average of $45.75 while the 200 day moving average is $50.14. The market cap for the company is 7.20B. The current share price for the company is: $53.07 USD

The potential market cap would be $6,903,953,303 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 26.27, revenue per share of $4.57 and a 3.03% 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.

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