First Industrial Realty Trust, Inc (NYSE: FR) is -1.22% lower on its value in year-to-date trading and has touched a low of $45.10 and a high of $57.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FR stock was last observed hovering at around $52.42 in the last trading session, with the day’s loss setting it -0.39%.
Currently trading at $52.03, the stock is -2.01% and -3.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing -0.74% at the moment leaves the stock 0.44% off its SMA200. FR registered 5.98% gain for a year compared to 6-month gain of 11.01%. The firm has a 50-day simple moving average (SMA 50) of $53.9118 and a 200-day simple moving average (SMA200) of $51.81745.
The stock witnessed a -1.92% loss in the last 1 month and extending the period to 3 months gives it a -6.94%, and is -3.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.33% over the week and 1.70% over the month.
First Industrial Realty Trust, Inc (FR) has around 156 employees, a market worth around $7.08B and $651.33M in sales. Current P/E ratio is 22.36 and Fwd P/E is 32.78. Profit margin for the company is 47.31%. Distance from 52-week low is 15.37% and -9.28% from its 52-week high. The company has generated returns on investments over the last 12 months (6.39%).
The EPS is expected to shrink by -4.18% this year
579.0 institutions hold shares in First Industrial Realty Trust, Inc (FR), with institutional investors hold 98.64% of the company’s shares. The shares outstanding are 132.35M, and float is at 131.20M with Short Float at 1.19%. Institutions hold 98.15% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.04 million shares valued at $904.52 million. The investor’s holdings represent 14.3839 of the FR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.18 million shares valued at $721.06 million to account for 11.4664 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.59 million shares representing 4.9806 and valued at over $315.61 million, while BLACKSTONE INC. holds 3.7785 of the shares totaling 5.0 million with a market value of $237.61 million.
