First Industrial Realty Trust, Inc. (FR) concluded trading on Thursday at a closing price of $55.48, with 2.84 million shares of worth about $157.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.55% during that period and on September 26, 2024 the price saw a loss of about -0.86%. Currently the company’s common shares owned by public are about 132.29M shares, out of which, 131.31M shares are available for trading.
Stock saw a price change of -2.10% in past 5 days and over the past one month there was a price change of -2.48%. Year-to-date (YTD), FR shares are showing a performance of 5.34% which increased to 15.63% 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 $57.35 during that period. The average intraday trading volume for First Industrial Realty Trust, Inc. shares is 1.05 million. The stock is currently trading -1.32% below its 20-day simple moving average (SMA20), while that difference is up 1.11% for SMA50 and it goes to 7.69% 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 96.30% of that.
The stock has a current market capitalization of $7.34B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 25.88, while it has posted earnings per share of $2.14 in the same period. Its PEG reads 2.59 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 1.72% while standing at 1.66% over the month.
Stock’s fiscal year EPS is expected to drop by -20.85% while it is estimated to increase by 0.48% 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 Wolfe Research on August 13, 2024 offering an Outperform rating for the stock and assigned a target price of $64 to it. Coverage by Exane BNP Paribas stated First Industrial Realty Trust, Inc. (FR) stock as an Outperform in their note to investors on June 04, 2024, suggesting a price target of $57 for the stock. On April 25, 2024, Wedbush Downgrade their recommendations, while on March 27, 2024, Barclays Downgrade their ratings for the stock with a price target of $53. Stock get an Equal weight rating from Wells Fargo on December 07, 2023.
