First Industrial Realty Trust, Inc (NYSE: FR) is -2.89% lower on its value in year-to-date trading and has touched a low of $40.31 and a high of $58.17 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 $48.57 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $48.68, the stock is 3.12% and -5.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 0.23% at the moment leaves the stock -8.15% off its SMA200. FR registered 4.21% gain for a year compared to 6-month loss of -7.31%.
The stock witnessed a 7.51% gain in the last 1 month and extending the period to 3 months gives it a -9.52%, and is 2.31% 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 1.74% over the week and 3.78% over the month.
First Industrial Realty Trust, Inc (FR) has around 151 employees, a market worth around $6.64B and $684.44M in sales. Current P/E ratio is 24.15 and Fwd P/E is 28.37. Profit margin for the company is 39.01%. Distance from 52-week low is 20.76% and -16.31% from its 52-week high. The company has generated returns on investments over the last 12 months (5.62%).
The EPS is expected to shrink by -28.26% this year
The shares outstanding are 132.39M, and float is at 131.26M with Short Float at 2.33%.
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 14.383 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 11.4658 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.
