A share price of First Industrial Realty Trust, Inc. [FR] is currently trading at $51.23, up 0.10%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FR shares have lost -1.61% over the last week, with a monthly amount drifted -3.07%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
First Industrial Realty Trust, Inc. [NYSE: FR] stock has seen the most recent analyst activity on March 27, 2024, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $53 from $63. On December 05, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $55 on the stock. KeyBanc Capital Markets downgraded its rating to a Underweight but stick to its price target of $42 on October 12, 2023. Wedbush initiated its recommendation with a Outperform and recommended $55 as its price target on October 03, 2023. Citigroup started tracking with a Neutral rating for this stock on July 19, 2023, and assigned it a price target of $57.
First Industrial Realty Trust, Inc. experienced fluctuations in its stock price throughout the past year between $40.41 and $55.15. Currently, Wall Street analysts expect the stock to reach $58.86 within the next 12 months. First Industrial Realty Trust, Inc. [NYSE: FR] shares were valued at $51.23 at the most recent close of the market. An investor can expect a potential return of 14.89% based on the average FR price forecast.
Analyzing the FR fundamentals
Trailing Twelve Months sales for First Industrial Realty Trust, Inc. [NYSE:FR] were 614.03M which represents 8.76% growth. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.64%, Pretax Profit Margin comes in at 0.43%, and Net Profit Margin reading is 0.41%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.1 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.83 points at the first support level, and at 50.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.82, and for the 2nd resistance point, it is at 52.40.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 11.04, the price to book ratio is 2.64 and price to earnings (TTM) ratio is 24.69.
Transactions by insiders
Recent insider trading involved MUSIL SCOTT A, Chief Financial Officer, that happened on Apr 28 ’23 when 7600.0 shares were sold.
