# First Industrial Realty Trust, Inc.  Share Price Target ‘$53.07’, now 11.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-industrial-realty-trust-inc.share-price-target-53.07-now-11.4-upside-potential/4121163865
- Published: 2024-07-05T16:02:50+01:00
- Author: Charlotte Edwards

**First Industrial Realty Trust, Inc.** with ticker code (FR) now have 14 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $62.00 and $42.00 suggesting an average analyst
share price target price of $53.07. (at the time of writing). Given that the stocks
previous close was at $47.63 this would indicate that there is a potential upside
of 11.4%. The 50 day moving average now sits at $47.08 and the 200 day moving average
is $49.04. The company has a market cap of 6.47B. The current share price for the
company is: $47.58 USD

 The potential market cap would be $7,208,830,630 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 21.93, revenue per share of $4.72
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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