First Industrial Realty Trust (FR) Projected to Post Earnings on Wednesday

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

First Industrial Realty Trust Stock Down 0.2 %

NYSE FR opened at $53.45 on Monday. First Industrial Realty Trust has a 1-year low of $45.10 and a 1-year high of $57.35. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 22.94 and a beta of 1.08. The stock’s 50 day moving average is $51.60 and its two-hundred day moving average is $53.48. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.80.

Analysts Set New Price Targets

FR has been the topic of a number of analyst reports. KeyCorp upgraded First Industrial Realty Trust from an “underweight” rating to a “sector weight” rating in a research report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of First Industrial Realty Trust in a report on Tuesday, January 14th. They issued a “hold” rating and a $52.00 target price on the stock. Finally, Barclays cut their price target on shares of First Industrial Realty Trust from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Monday, November 18th. One investment 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $57.38.

About First Industrial Realty Trust

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.