Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
First Industrial Realty Trust, Inc (NYSE: FR) closed the day trading at $52.03 down -0.74% from the previous closing price of $52.42. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 1.27 million shares were traded. FR stock price reached its highest trading level at $52.315 during the session, while it also had its lowest trading level at $51.825.
Ratios:
For a better understanding of FR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 128.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 72.51. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.83.
On June 04, 2024, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $57.
Wedbush Downgraded its Outperform to Neutral on April 25, 2024, whereas the target price for the stock was revised from $59 to $49.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FR now has a Market Capitalization of 7075559424 and an Enterprise Value of 9113348096. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.36, and their Forward P/E ratio for the next fiscal year is 32.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.86 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at 13.902 whereas that against EBITDA is 20.654.
Stock Price History:
Over the past 52 weeks, FR has reached a high of $57.35, while it has fallen to a 52-week low of $45.10. The 50-Day Moving Average of the stock is -3.35%, while the 200-Day Moving Average is calculated to be 0.44%.
Shares Statistics:
Over the past 3-months, FR traded about 1.20M shares per day on average, while over the past 10 days, FR traded about 798360 shares per day. A total of 132.35M shares are outstanding, with a floating share count of 131.20M. Insiders hold about 0.87% of the company’s shares, while institutions hold 96.07% stake in the company. Shares short for FR as of 1731628800 were 1567809 with a Short Ratio of 1.30, compared to 1728950400 on 1579868. Therefore, it implies a Short% of Shares Outstanding of 1567809 and a Short% of Float of 1.6199999999999999.
Dividends & Splits
FR’s forward annual dividend rate is 1.43, up from 1.43 a year ago. Against a Trailing Annual Dividend Yield of 0.027279664The stock’s 5-year Average Dividend Yield is 2.32.
