First Industrial Realty Trust, Inc (NYSE: FR) is -4.82% 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 $50.08 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $50.13, the stock is -2.53% and -4.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing 0.10% at the moment leaves the stock -2.93% off its SMA200. FR registered -4.82% loss for a year compared to 6-month gain of 5.58%. The firm has a 50-day simple moving average (SMA 50) of $52.6978 and a 200-day simple moving average (SMA200) of $51.6522.
The stock witnessed a -6.21% loss in the last 1 month and extending the period to 3 months gives it a -9.05%, and is -0.77% 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 1.44% over the week and 1.81% over the month.
First Industrial Realty Trust, Inc (FR) has around 156 employees, a market worth around $6.82B and $651.33M in sales. Current P/E ratio is 21.54 and Fwd P/E is 31.80. Profit margin for the company is 47.31%. Distance from 52-week low is 11.15% and -12.59% from its 52-week high. The company has generated returns on investments over the last 12 months (6.39%).
with sales reaching $170.42M over the same period.The EPS is expected to shrink by -3.97% this year, but quarterly earnings will post 8.14% year-over-year. Quarterly sales are estimated to grow 8.36% in year-over-year returns.
581.0 institutions hold shares in First Industrial Realty Trust, Inc (FR), with institutional investors hold 98.46% of the company’s shares. The shares outstanding are 132.35M, and float is at 131.21M with Short Float at 1.32%. Institutions hold 97.97% 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.
