While First Industrial Realty Trust, Inc has overperformed by 2.51%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FR rose by 7.95%, with highs and lows ranging from $57.35 to $45.10, whereas the simple moving average jumped by 6.62% in the last 200 days.
On January 14, 2025, Deutsche Bank started tracking First Industrial Realty Trust, Inc (NYSE: FR) recommending Hold. A report published by KeyBanc Capital Markets on December 17, 2024, Upgraded its rating to ‘Sector Weight’ for FR. Wolfe Research also Upgraded FR shares as ‘Outperform’, setting a target price of $64 on the company’s shares in a report dated August 13, 2024. Exane BNP Paribas Initiated an Outperform rating on June 04, 2024, and assigned a price target of $57. Wedbush April 25, 2024d its ‘Outperform’ rating to ‘Neutral’ for FR, as published in its report on April 25, 2024. Barclays’s report from March 27, 2024 suggests a price prediction of $53 for FR shares, giving the stock a ‘Equal Weight’ rating. Wells Fargo also rated the stock as ‘Equal Weight’.
Analysis of First Industrial Realty Trust, Inc (FR)
With FR’s current dividend of $1.48 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter increase in sales is 11.64%, showing a positive trend in the upcoming months.
First Industrial Realty Trust, Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 11.92% is sufficient for you to turn a profit off your investment.
The average volume for any stock is also a very valuable indicator of volatility, and FR has an average volume of 935.38K. On a monthly basis, the volatility of the stock is set at 2.20%, whereas on a weekly basis, it is put at 2.61%, with a gain of 2.99% over the past seven days. Furthermore, long-term investors anticipate a median target price of $58.36, showing growth from the present price of $55.15, which can serve as yet another indication of whether FR is worth investing in or should be passed over.
How Do You Analyze First Industrial Realty Trust, Inc Shares?
REIT – Industrial giant First Industrial Realty Trust, Inc (FR) is based in the USA and is one of the largest companies in the market. When comparing First Industrial Realty Trust, Inc shares with other companies under Real Estate, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 25.41, there is a growth in quarterly earnings of -23.34%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.86%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 95.08% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
FR shares are owned by institutional investors to the tune of 95.08% at present.
