First Industrial Realty Trust, Inc. with ticker code (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 $62.00 and $42.00 with the average share target price sitting at $53.07. (at the time of writing). Given that the stocks previous close was at $48.83 and the analysts are correct then there would likely be a percentage uptick in value of 8.7%. The 50 day moving average now sits at $47.31 while the 200 day moving average is $49.00. The total market capitalization for the company now stands at 6.88B. The stock price is currently at: $50.59 USD
The potential market cap would be $7,476,510,121 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 23.31, revenue per share of $4.72 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.
