First Industrial Realty Trust, Inc. which can be found using ticker (FR) have now 15 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 average target share price we see $57.67. (at the time of writing). Now with the previous closing price of $56.65 this now indicates there is a potential upside of 1.8%. The 50 day MA is $52.74 while the 200 day moving average is $50.88. The company has a market cap of 7.68B. Currently the stock stands at: $56.44 USD
The potential market cap would be $7,813,700,722 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 26.5, revenue per share of $4.87 and a 3.16% 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.
