First Industrial Realty Trust, Inc (NYSE: FR) is 15.68% higher on its value in year-to-date trading and has touched a low of $44.59 and a high of $57.56 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FR stock was last observed hovering at around $56.64 in the last trading session, with the day’s gains setting it 1.35%.
Currently trading at $57.99, the stock is 3.57% and 9.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.62 million and changing 2.38% at the moment leaves the stock 10.89% off its SMA200. FR registered 10.78% gain for a year compared to 6-month loss of 2.97%.
The stock witnessed a 9.11% gain in the last 1 month and extending the period to 3 months gives it a 8.91%, and is 2.06% up 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 1.94% over the week and 1.83% over the month.
First Industrial Realty Trust, Inc (FR) has around 151 employees, a market worth around $7.89B and $669.64M in sales. Current P/E ratio is 26.72 and Fwd P/E is 31.78. Profit margin for the company is 42.91%. Distance from 52-week low is 30.06% and 0.75% from its 52-week high. The company has generated returns on investments over the last 12 months (6.65%).
The EPS is expected to shrink by -24.17% this year
The shares outstanding are 132.35M, and float is at 131.25M with Short Float at 1.06%.
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 4.9803 and valued at over $315.61 million, while BLACKSTONE INC. holds 3.7783 of the shares totaling 5.0 million with a market value of $237.61 million.
First Industrial Realty Trust, Inc (FR) Insider Activity
A total of 0 insider transactions have happened at First Industrial Realty Trust, Inc (FR) in the last six months, with sales accounting for 0 and purchases happening 0 times.
First Industrial Realty Trust, Inc (FR): Who are the competitors?
One of the company’s main competitors (and peers) include Prologis Inc. (PLD) that is trading -6.79% down over the past 12 months.STAG Industrial Inc. (STAG) lies in the list of competitors of the First Industrial Realty Trust, Inc and is -0.75% lower over the same period from FREastGroup Properties Inc. (EGP) is 3.82% up on the 1-year trading charts.
