First Industrial Realty Trust (FR) to Release Earnings on Wednesday

First Industrial Realty Trust (NYSE:FR) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect First Industrial Realty Trust to post earnings of $0.35 per share and revenue of $170.81 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

First Industrial Realty Trust Price Performance

Shares of NYSE FR opened at $53.50 on Wednesday. First Industrial Realty Trust has a 52 week low of $45.10 and a 52 week high of $57.35. The business’s 50 day moving average price is $51.59 and its 200 day moving average price is $53.43. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.80. The firm has a market cap of $7.08 billion, a P/E ratio of 22.96 and a beta of 1.08.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on FR. Deutsche Bank Aktiengesellschaft began coverage on shares of First Industrial Realty Trust in a research note on Tuesday, January 14th. They issued a “hold” rating and a $52.00 price objective on the stock. KeyCorp upgraded First Industrial Realty Trust from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, December 17th. Finally, Barclays lowered their target price on First Industrial Realty Trust from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $57.38.

First Industrial Realty Trust Company Profile

First Industrial Realty Trust, Inc (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains.