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.
Investment analysts gave a few price targets for FR. The most optimistic price target was 32, which equates to a potential upside of 6.38 percent. The lowest price target was 28, implying potential capital losses 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.32 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.41 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
FR has an estimated earnings growth rate of 42.93 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. FR has a PEG ratio of 0.64.
In the last 52-weeks, FR has achieved a high of 30.26 and a low of 24.85. Currently the stock is 21.05 percent higher than its low, 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's next earnings release will be on 0000-00-00, which is days away.