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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
