Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
First Industrial Realty Trust, Inc. (NYSE: FR) closed the day trading at $45.80 up 0.37% from the previous closing price of $45.63. In other words, the price has increased by $0.37 from its previous closing price. On the day, 1.05 million shares were traded. FR stock price reached its highest trading level at $46.01 during the session, while it also had its lowest trading level at $45.29.
Ratios:
For a better understanding of FR, let’s look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 6227838464 and an Enterprise Value of 8321626112. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.12, and their Forward P/E ratio for the next fiscal year is 27.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.67 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 13.327 whereas that against EBITDA is 19.894.
Stock Price History:
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 -12.56%, while the 200-Day Moving Average is calculated to be -8.84%.
Shares Statistics:
Over the past 3-months, FR traded about 1.22M shares per day on average, while over the past 10 days, FR traded about 1515980 shares per day. 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 97.76% stake in the company. Shares short for FR as of 1711584000 were 1528464 with a Short Ratio of 1.25, 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
FR’s forward annual dividend rate is 1.33, up from 1.33 a year ago. The stock’s 5-year Average Dividend Yield is 2.27.
Earnings Estimates
Investors are keenly observing as Swiss Franc/Japanese Yen Future analysts analyze and rate the current performance of First Industrial Realty Trust, Inc. (FR) in the stock market.The consensus estimate for the next quarter is $1.12, with high estimates of $0.97 and low estimates of $1.10.
