First Industrial Realty Trust, Inc (NYSE: FR) is -2.07% 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 $49.05 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $49.31, the stock is 0.48% and -0.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.21 million and changing 0.53% at the moment leaves the stock -4.76% off its SMA200. FR registered -1.64% loss for a year compared to 6-month gain of 0.31%. The firm has a 50-day simple moving average (SMA 50) of $49.3466 and a 200-day simple moving average (SMA200) of $51.9155.
The stock witnessed a -0.22% loss in the last 1 month and extending the period to 3 months gives it a 6.11%, and is 2.18% 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 2.26% over the week and 2.18% over the month.
First Industrial Realty Trust, Inc (FR) has around 151 employees, a market worth around $6.73B and $684.44M in sales. Current P/E ratio is 24.46 and Fwd P/E is 29.28. Profit margin for the company is 39.01%. Distance from 52-week low is 22.33% and -15.22% from its 52-week high. The company has generated returns on investments over the last 12 months (5.62%).
with sales reaching $176.74M over the same period.The EPS is expected to shrink by -28.45% this year, but quarterly earnings will post 7.11% year-over-year. Quarterly sales are estimated to grow 7.68% in year-over-year returns.
613.0 institutions hold shares in First Industrial Realty Trust, Inc (FR), with institutional investors hold 96.58% of the company’s shares. The shares outstanding are 132.39M, and float is at 131.27M with Short Float at 3.04%. Institutions hold 96.17% 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 14.383 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.
