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

First Industrial Realty Trust (NYSE:FR) will likely be announcing its earnings results 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. Individual interested in listening to the company’s earnings conference call can do so using this link.

First Industrial Realty Trust Stock Performance

Shares of NYSE FR opened at $53.13 on Tuesday. First Industrial Realty Trust has a 52 week low of $45.10 and a 52 week high of $57.35. The stock has a market capitalization of $7.03 billion, a PE ratio of 22.80 and a beta of 1.09. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a 50 day moving average price of $51.60 and a 200 day moving average price of $53.48.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FR. Barclays lowered their target price on shares of First Industrial Realty Trust from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. KeyCorp upgraded shares of First Industrial Realty Trust from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft initiated 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 target price for the company. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, First Industrial Realty Trust has an average rating of “Hold” and an average target price 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.