Wall Street Analyst Initiated First Industrial Realty Trust Inc. [FR]. What else is Wall St. saying



First Industrial Realty Trust Inc. [NYSE: FR] stock went on an upward path that rose over 0.46% on Wednesday, amounting to a one-week price increase of more than 0.47%. The company report on November 2, 2021 that First Industrial Realty Trust Declares Common Stock Dividends.

First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, announced that its board of directors declared a common stock dividend of $0.27 per share/unit for the quarter ending December 31, 2021 payable on January 18, 2022 to stockholders of record on December 31, 2021.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


About First Industrial Realty Trust, Inc.

Over the last 12 months, FR stock rose by 45.12%. The one-year First Industrial Realty Trust Inc. stock forecast points to a potential upside of 1.49. The average equity rating for FR stock is currently 2.40, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $7.95 billion, with 129.63 million shares outstanding and 127.16 million shares in the current float. Compared to the average trading volume of 891.53K shares, FR stock reached a trading volume of 837087 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on First Industrial Realty Trust Inc. [FR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FR shares is $62.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FR stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Berenberg have made an estimate for First Industrial Realty Trust Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 20, 2021. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on September 01, 2021, representing the official price target for First Industrial Realty Trust Inc. stock.

The Average True Range (ATR) for First Industrial Realty Trust Inc. is set at 0.92, with the Price to Sales ratio for FR stock in the period of the last 12 months amounting to 17.02. The Price to Book ratio for the last quarter was 3.94, with the Price to Cash per share for the same quarter was set at 0.40.

FR Stock Performance Analysis:

First Industrial Realty Trust Inc. [FR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.47. With this latest performance, FR shares gained by 5.53% in over the last four-week period, additionally plugging by 22.44% over the last 6 months – not to mention a rise of 45.12% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FR stock in for the last two-week period is set at 73.83, with the RSI for the last a single of trading hit 75.79, and the three-weeks RSI is set at 71.12 for First Industrial Realty Trust Inc. [FR]. The present Moving Average for the last 50 days of trading for this stock 57.05, while it was recorded at 61.21 for the last single week of trading, and 52.11 for the last 200 days.

Insight into First Industrial Realty Trust Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and First Industrial Realty Trust Inc. [FR] shares currently have an operating margin of +37.40 and a Gross Margin at +44.70. First Industrial Realty Trust Inc.’s Net Margin is presently recorded at +44.80.

Return on Total Capital for FR is now 4.90, given the latest momentum, and Return on Invested Capital for the company is 6.19. Return on Equity for this stock inclined to 10.99, with Return on Assets sitting at 5.51. When it comes to the capital structure of this company, First Industrial Realty Trust Inc. [FR] has a Total Debt to Total Equity ratio set at 85.01. Additionally, FR Total Debt to Total Capital is recorded at 45.95, with Total Debt to Total Assets ending up at 42.66. Long-Term Debt to Equity for the company is recorded at 71.24, with the Long-Term Debt to Total Capital now at 38.51.

Reflecting on the efficiency of the workforce at the company, First Industrial Realty Trust Inc. [FR] managed to generate an average of $1,317,529 per employee. Receivables Turnover for the company is 5.10 with a Total Asset Turnover recorded at a value of 0.12.

FR Stock EPS

With the latest financial reports released by the company, First Industrial Realty Trust Inc. posted 0.28/share EPS, while the average EPS was predicted by analysts to be reported at 0.24/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 16.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for First Industrial Realty Trust Inc. go to 10.00%.

>> 7 Top Picks for the Post-Pandemic Economy <<

First Industrial Realty Trust Inc. [FR] Insider Position Details

There are presently around $7,580 million, or 97.40% of FR stock, in the hands of institutional investors. The top three institutional holders of FR stocks are: VANGUARD GROUP INC with ownership of 18,527,144, which is approximately -1% of the company’s market cap and around 0.61% of the total institutional ownership; BLACKROCK INC., holding 14,977,322 shares of the stock with an approximate value of $921.11 million in FR stocks shares; and PRINCIPAL FINANCIAL GROUP INC, currently with $584.64 million in FR stock with ownership of nearly 2.527% of the company’s market capitalization.

Positions in First Industrial Realty Trust Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 152 institutional holders increased their position in First Industrial Realty Trust Inc. [NYSE:FR] by around 7,240,572 shares. Additionally, 146 investors decreased positions by around 11,445,983 shares, while 52 investors held positions by with 104,571,142 shares. The mentioned changes placed institutional holdings at 123,257,697 shares, according to the latest SEC report filing. FR stock had 40 new institutional investments in for a total of 1,450,118 shares, while 23 institutional investors sold positions of 379,867 shares during the same period.



Download Free eBook For


100% free. stop anytime no spam



Download Free eBook For


100% free. stop anytime no spam