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In the latest session, First Industrial Realty Trust, Inc. (NYSE: FR) closed at $46.07 down -5.21% from its previous closing price of $48.60. In other words, the price has decreased by -$5.21 from its previous closing price. On the day, 2.36 million shares were traded. FR stock price reached its highest trading level at $48.65 during the session, while it also had its lowest trading level at $45.81.
Ratios:
For a deeper understanding of First Industrial Realty Trust, Inc.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.87.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on March 27, 2024, Downgraded its rating to Equal Weight and sets its target price to $53 from $63 previously.
Mizuho Upgraded its Neutral to Buy on December 05, 2023, while the target price for the stock was maintained at $55.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 28 ’23 when MUSIL SCOTT A sold 7,600 shares for $52.28 per share. The transaction valued at 397,328 led to the insider holds 81,078 shares of the business.
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 6264506368. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.24, and their Forward P/E ratio for the next fiscal year is 27.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.73 while its Price-to-Book (P/B) ratio in mrq is 2.38.
Stock Price History:
The Beta on a monthly basis for FR is 1.04, which has changed by -0.12564051 over the last 52 weeks, in comparison to a change of 0.21231294 over the same period for the S&P500. Over the past 52 weeks, FR has reached a high of $55.15, while it has fallen to a 52-week low of $40.41. The 50-Day Moving Average of the stock is -12.39%, while the 200-Day Moving Average is calculated to be -8.44%.
Shares Statistics:
For the past three months, FR has traded an average of 1.20M shares per day and 1408110 over the past ten days. A total of 132.29M shares are outstanding, with a floating share count of 131.78M. Insiders hold about 0.42% of the company’s shares, while institutions hold 97.79% stake in the company. Shares short for FR as of 1711584000 were 1528464 with a Short Ratio of 1.27, compared to 1709164800 on 1397379. Therefore, it implies a Short% of Shares Outstanding of 1528464 and a Short% of Float of 1.5800001000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for FR is 1.33, from 1.33 in the trailing year. The stock’s 5-year Average Dividend Yield is 2.27.
Earnings Estimates
Currently, Swiss Franc/Japanese Yen Future analysts are dedicated to thoroughly evaluating and rating the performance of First Industrial Realty Trust, Inc. (FR) in the stock market.The consensus estimate for the next quarter is $1.11, with high estimates of $0.96 and low estimates of $1.12.
EPS for the following year is $Future, with Future analysts recommending between $Future and $Future.
