Analyst Ratings for First Industrial Realty Trust Inc. (FR)Updated: 2017-07-26
Analysts covering First Industrial Realty Trust Inc. (NYSE:FR) have given it a consensus rating of Overweight. Last month, FR received an average rating of Overweight.
A buy rating was issued by 2 analysts, 2 gave an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for FR by the analysts covering the stock. The highest price target was 32, implying a possible profit of 6.38 percent. The most pessimistic analyst gave a price target of 28, implying a possible loss of -6.91 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.32 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.41 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of FR's earnings is estimated by analysts to be 42.93 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. FR has a PEG ratio of 0.64.
FR has a 52-week high of 30.26 and a 52-week low of 24.85. The current market price is above the trailing year's low by 21.05 percent, and below the high by 0.59 percent. FR has a P/E ratio of 27.6. Investors typically compare the P/E ratio to a company's peers in the industry. The FR value stock report compares FR to some of its peers using value stock charts. The stock has a market capitalization of $3.58 billion. FR will post this quarters earnings in days, on 0000-00-00.