# First Industrial Realty Trust, Inc. – Consensus ‘buy’ rating and 3.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-industrial-realty-trust-inc.consensus-buy-rating-and-3.0-upside-potential/4121166113
- Published: 2024-07-26T12:54:23+01:00
- Author: Charlotte Edwards

**First Industrial Realty Trust, Inc.** which can be found using ticker (FR) now
have 14 analysts in total covering the stock. The consensus rating is pointing to‘
buy’. The target price High/Low ranges between $61.00 and $42.00 calculating the
average target price we see $54.57. Given that the stocks previous close was at 
$52.97 this would indicate that there is a potential upside of 3.0%. There is a 
50 day moving average of $48.39 and the 200 day MA is $49.26. The total market capitalization
for the company now stands at 7.16B. The current share price for the company is:
$52.68 USD

 The potential market cap would be $7,380,563,238 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 24.73, revenue per share of $4.87
and a 3.16% 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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