First Industrial Realty Trust, Inc. which can be found using ticker (FR) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $63.00 and $41.00 calculating the mean target price we have $50.79. Given that the stocks previous close was at $53.14 this would indicate that there is a downside of -4.4%. The 50 day MA is $46.59 and the 200 day moving average is $50.15. The total market capitalization for the company now stands at 7.23B. The stock price for the company is currently $53.29 USD
The potential market cap would be $6,911,046,813 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 26.38, 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.
