At the time of writing, First Industrial Realty Trust, Inc [FR] stock is trading at $51.41, up 2.59%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FR shares have gain 4.15% over the last week, with a monthly amount drifted -2.63%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
First Industrial Realty Trust, Inc [NYSE: FR] stock has seen the most recent analyst activity on January 14, 2025, when Deutsche Bank initiated its Hold rating and assigned the stock a price target of $52. Previously, KeyBanc Capital Markets upgraded its rating to Sector Weight on December 17, 2024. On August 13, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $64 on the stock. Exane BNP Paribas started tracking the stock assigning a Outperform rating and suggested a price target of $57 on June 04, 2024. Wedbush downgraded its rating to a Neutral and reduced its price target to $49 on April 25, 2024. Barclays downgraded its rating to Equal Weight for this stock on March 27, 2024, and downed its price target to $53. In a note dated December 07, 2023, Wells Fargo initiated an Equal Weight rating.
For the past year, the stock price of First Industrial Realty Trust, Inc fluctuated between $45.10 and $57.35. Currently, Wall Street analysts expect the stock to reach $58 within the next 12 months. First Industrial Realty Trust, Inc [NYSE: FR] shares were valued at $51.41 at the most recent close of the market. An investor can expect a potential return of 12.82% based on the average FR price forecast.
Analyzing the FR fundamentals
According to First Industrial Realty Trust, Inc [NYSE:FR], the company’s sales were 651.33M for trailing twelve months, which represents an 8.08% jump. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.52%, Pretax Profit Margin comes in at 0.49%, and Net Profit Margin reading is 0.47%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.
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 50.55 points at the first support level, and at 49.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.87, and for the 2nd resistance point, it is at 52.34.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 10.73, the price to book ratio is 2.58 and price to earnings (TTM) ratio is 22.09.
