Market Update: First Industrial Realty Trust, Inc. (FR) Sees Negative Movement, Closing at 53.76

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In the latest session, First Industrial Realty Trust, Inc. (NYSE: FR) closed at $53.76 down -0.78% from its previous closing price of $54.18. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 1.2 million shares were traded. FR stock price reached its highest trading level at $54.27 during the session, while it also had its lowest trading level at $53.47.

Ratios:

For a deeper understanding of First Industrial Realty Trust, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 152.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 466.26. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.86.

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 7311037440 and an Enterprise Value of 9453665280. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.08, and their Forward P/E ratio for the next fiscal year is 32.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.14 while its Price-to-Book (P/B) ratio in mrq is 2.74. Its current Enterprise Value per Revenue stands at 14.683 whereas that against EBITDA is 21.69.

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 $40.41. The 50-Day Moving Average of the stock is -2.52%, while the 200-Day Moving Average is calculated to be 4.03%.

Shares Statistics:

For the past three months, FR has traded an average of 1.15M shares per day and 1305720 over the past ten days. A total of 132.29M shares are outstanding, with a floating share count of 131.31M. Insiders hold about 0.79% of the company’s shares, while institutions hold 96.16% stake in the company. Shares short for FR as of 1727654400 were 1380986 with a Short Ratio of 1.20, compared to 1724976000 on 1786748. Therefore, it implies a Short% of Shares Outstanding of 1380986 and a Short% of Float of 1.4199998999999999.

Dividends & Splits

According to the company, the forward annual dividend rate for FR is 1.43, from 1.38 in the trailing year. Against a Trailing Annual Dividend Yield of 0.025470654The stock’s 5-year Average Dividend Yield is 2.3.

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