# First Industrial Realty Trust, Inc. – Consensus ‘buy’ rating and 20.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-industrial-realty-trust-inc.consensus-buy-rating-and-20.4-upside-potential/4121129723
- Published: 2023-10-13T15:34:53+01:00
- Author: Charlotte Edwards

**First Industrial Realty Trust, Inc.** which can be found using ticker (FR) now
have 12 market analysts covering the stock. The analyst consensus now points to 
a rating of ‘buy’. The range between the high target price and low target price 
is between 65 and 42 with the average target price sitting at $56.67. Now with the
previous closing price of $47.08 this now indicates there is a potential upside 
of 20.4%. The day 50 moving average is $49.90 and the 200 day MA is $51.61. The 
market cap for the company is 6.12B. The stock price for the company is currently
45.12 USD

 The potential market cap would be $7,368,231,359 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 18.8, 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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