# First Industrial Realty Trust, Inc. – Consensus ‘buy’ rating and 32.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-industrial-realty-trust-inc.consensus-buy-rating-and-32.7-upside-potential/4121131694
- Published: 2023-11-01T15:18:57+00:00
- Author: Charlotte Edwards

**First Industrial Realty Trust, Inc.** which can be found using ticker (FR) have
now 13 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 $65.00 and $42.00 with the average target price sitting at $56.15. Now with
the previous closing price of $42.30 and the analysts are correct then there would
likely be a percentage uptick in value of 32.7%. It’s also worth noting that there
is a 50 day moving average of $47.73 while the 200 day moving average is $51.20.
The total market capitalization for the company now stands at 5.73B. The stock price
for the company is currently $42.27 USD

 The potential market cap would be $7,612,576,896 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 20.92, revenue per share of $4.57
and a 3.03% 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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