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First Industrial Realty Trust (FR)
NYSE:FR
RESEARCH TOOLSreports
First Industrial Realty (FR) Stock Price & Analysis
140 Followers
FR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$39.91 - $54.75
Previous Close$48.06
Volume576.97K
Average Volume (3M)1.14M
Market Cap
$6.54B
Enterprise Value$8.83B
Total Cash (Recent Filing)$48.88M
Total Debt (Recent Filing)$2.25B
Price to Earnings (P/E)22.2
Beta1.14
Next Earnings
Jul 17, 2024EPS Estimate
$0.35Next Dividend Ex-Date
Jun 28, 2024Dividend Yield2.77%
Share Statistics
EPS (TTM)2.17
Shares Outstanding132,341,354
10 Day Avg. Volume836,433
30 Day Avg. Volume1,136,050
Standard Deviation0.07
R-Squared0.66
Alpha-0.00229
Financial Highlights & Ratios
Price to Book (P/B)2.45
Price to Sales (P/S)39.20
Price to Cash Flow (P/CF)25.40
P/FCF Ratio25.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.08
Enterprise Value/Gross Profit19.52
Enterprise Value/Ebitda12.21
Forecast
1Y Price Target
$52.50Price Target Upside9.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
First Industrial Realty News
PremiumCompany Announcements
First Industrial Realty Trust Revamps Stock Incentive Plan
Bulls Say, Bears Say
Bulls Say
Development PipelineFirst Industrial Realty Trust's development pipeline is set to deliver substantial net operating income, bolstered by strong demand from Ecommerce tenants.
Lease ManagementFirst Industrial Realty Trust has proactively addressed a significant portion of upcoming lease expirations, with expectations of strong rent growth in key markets.
Leasing ActivityWith 100% lease-up of several key properties and the signing of 1.6 million square feet of leases, the company demonstrates significant development leasing progress.
Bears Say
Development And GrowthNew development starts have been paused and no new development starts expected in the near term as lease up timing extends.
Economic OutlookThe adjustment of stabilized cap rates across industrial coverage to reflect rising interest rates indicates a more cautious economic outlook.
Occupancy And RevenueForecasting and timing of development lease up will be hard to predict, leading to lowered occupancy and FFO guidance.
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Ownership Overview
4.44% Insiders
27.18% Mutual Funds
46.91% Other Institutional Investors
21.47% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FR FAQ
What was First Industrial Realty Trust’s price range in the past 12 months?
First Industrial Realty Trust lowest stock price was $39.91 and its highest was $54.75 in the past 12 months.
What is First Industrial Realty Trust’s market cap?
Currently, no data Available
When is First Industrial Realty Trust’s upcoming earnings report date?
First Industrial Realty Trust’s upcoming earnings report date is Jul 17, 2024 which is in 58 days.
How were First Industrial Realty Trust’s earnings last quarter?
First Industrial Realty Trust released its earnings results on Apr 17, 2024. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.305 by $0.215.
Is First Industrial Realty Trust overvalued?
According to Wall Street analysts First Industrial Realty Trust’s price is currently Undervalued.
Does First Industrial Realty Trust pay dividends?
First Industrial Realty Trust pays a Quarterly dividend of $0.37 which represents an annual dividend yield of 2.77%. See more information on First Industrial Realty Trust dividends here
What is First Industrial Realty Trust’s EPS estimate?
First Industrial Realty Trust’s EPS estimate is $0.35.
How many shares outstanding does First Industrial Realty Trust have?
First Industrial Realty Trust has 132,341,350 shares outstanding.
What happened to First Industrial Realty Trust’s price movement after its last earnings report?
First Industrial Realty Trust reported an EPS of $0.52 in its last earnings report, beating expectations of $0.305. Following the earnings report the stock price went down -5.206%.
Which hedge fund is a major shareholder of First Industrial Realty Trust?
Among the largest hedge funds holding First Industrial Realty Trust’s share is Blackstone Inc.. It holds First Industrial Realty Trust’s shares valued at 263M.
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First Industrial Realty Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$52.50 (9.24% Upside)
$52.50 (9.24% Upside)
Blogger Sentiment
Bullish
FR Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 13.0K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.54%
12-Months-Change
Fundamentals
Return on Equity
11.36%
Trailing 12-Months
Asset Growth
5.04%
Trailing 12-Months
Company Description
First Industrial Realty Trust
First Industrial Realty Trust, Inc. operates as a real estate investment trust. It engages in the ownership, management, acquisition, sale, development and redevelopment of industrial real estate. The firm product portfolio includes warehouse and light industrial properties. The company was founded by Johannson L. Yap, Robert L. Denton, Sr., and Jay H. Shidler in 1993 and is headquartered in Chicago, IL.
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FR Earnings Call
Q1 2024
0:00 / 0:00
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FR Stock 12 Month Forecast
Average Price Target
$52.50
▲(9.24% Upside)
Technical Analysis
Best Analysts Covering FR
1 Year
1 Year Success Rate
13/16 ratings generated profit
1 Year Average Return
+11.29%
reiterated a buy rating 5 months ago
Copying Jonathan Petersen's trades and holding each position for 1 Year would result in 81.25% of your transactions generating a profit, with an average return of +11.29% per trade.
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