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 analyst gave a price target of 32, implying a possible profit of 6.38 percent. The most pessimistic analyst gave a price target of 28, implying potential capital losses of -6.91 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 1.32 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 5.41 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of FR to grow at a rate of 42.93 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. FR has a PEG ratio of 0.64.
FR has traded between a high of 30.26 and a low of 24.85 over the past year. The current market price is above the trailing year's low by 21.05 percent, and 0.59 percent below the high. 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.