# First Industrial Realty Trust, Inc. – Consensus ‘buy’ rating and 14.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-industrial-realty-trust-inc.consensus-buy-rating-and-14.1-upside-potential/4121127601
- Published: 2023-09-19T14:13:28+01:00
- Author: Charlotte Edwards

**First Industrial Realty Trust, Inc.** with ticker code (FR) now have 10 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between 65 and 47 suggesting
an average Analsyt target price of $58.60. Given that the stocks previous close 
was at $51.37 this is indicating there is a potential upside of 14.1%. Also worth
taking note is the 50 day moving average now sits at $51.83 and the 200 day moving
average is $51.77. The total market capitalization for the company now stands at
6.94B. The stock price for the company is currently 51.15 USD

 The potential market cap would be $7,916,097,554 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 21.31, revenue per share of 4.44
and a 3.02% return on assets.

First Industrial Realty Trust, Inc. is a self-administered and fully integrated 
real estate company. The Company owns, manages, acquires, sells, develops, and redevelops
industrial real estate. The Company manages, leases, buys, (re) develops, and sells
bulk and regional distribution centers, light industrial, and other industrial facility
types. The Company owns approximately 426 industrial properties, of which 416 are
classified as in-service. The 416 in-service industrial properties contained an 
aggregate of approximately 62.9 million square feet of gross leasable area (GLA)
in 18 states, with a diverse base of tenants engaged in a wide variety of businesses,
including e-commerce, third-party logistics and transportation, consumer and other
manufactured products, retail and consumer services, food and beverage, lumber and
building materials, wholesale goods, health services, governmental and other.

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