First Industrial Realty Trust, Inc. (FR) concluded trading on Thursday at a closing price of $52.94, with 3.8 million shares of worth about $201.36 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.57% during that period and on July 18, 2024 the price saw a gain of about 2.92%. Currently the company’s common shares owned by public are about 132.29M shares, out of which, 131.76M shares are available for trading.
Stock saw a price change of 4.65% in past 5 days and over the past one month there was a price change of 11.52%. Year-to-date (YTD), FR shares are showing a performance of 0.51% which increased to 0.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $40.41 but also hit the highest price of $55.15 during that period. The average intraday trading volume for First Industrial Realty Trust, Inc. shares is 906.31K. The stock is currently trading 9.36% above its 20-day simple moving average (SMA20), while that difference is up 11.01% for SMA50 and it goes to 7.94% higher than SMA200.
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First Industrial Realty Trust, Inc. (NYSE: FR) currently have 132.29M outstanding shares and institutions hold larger chunk of about 95.78% of that.
The stock has a current market capitalization of $7.01B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 24.70, while it has posted earnings per share of $2.14 in the same period. Its PEG reads 2.47 while making debt-to-equity ratio of 0.86. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FR, volatility over the week remained 2.59% while standing at 1.87% over the month.
Stock’s fiscal year EPS is expected to drop by -23.07% while it is estimated to increase by 1.33% in next year. EPS is likely to grow at an annualized rate of 10.00% for next 5-years, compared to annual growth of 9.56% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Exane BNP Paribas on June 04, 2024 offering an Outperform rating for the stock and assigned a target price of $57 to it. Coverage by Wedbush stated First Industrial Realty Trust, Inc. (FR) stock as a Neutral in their note to investors on April 25, 2024, suggesting a price target of $49 for the stock. Stock get a Buy rating from Mizuho on December 05, 2023.
