First Industrial Realty Trust, Inc. (NYSE: FR) on Friday, plunged -0.96% from the previous trading day, before settling in for the closing price of $46.07. Within the past 52 weeks, FR’s price has moved between $40.41 and $55.15.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 8.75%. The company achieved an average annual earnings per share of -31.48%. With a float of $131.78 million, this company’s outstanding shares have now reached $132.29 million.
Let’s determine the extent of company efficiency that accounts for 156 employees.
First Industrial Realty Trust, Inc. (FR) Insider Activity
Observing investor behavior towards REIT – Industrial industry stocks is more important than anything else. The insider ownership of First Industrial Realty Trust, Inc. is 0.42%, while institutional ownership is 97.76%. The most recent insider transaction that took place on Apr 28 ’23, was worth 397,328. In this transaction Chief Financial Officer of this company sold 7,600 shares at a rate of $52.28, taking the stock ownership to the 81,078 shares.
First Industrial Realty Trust, Inc. (FR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -31.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 9.56% growth over the previous five years of trading.
First Industrial Realty Trust, Inc. (NYSE: FR) Trading Performance Indicators
First Industrial Realty Trust, Inc. (FR) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.17, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.68 in one year’s time.
Technical Analysis of First Industrial Realty Trust, Inc. (FR)
Looking closely at First Industrial Realty Trust, Inc. (NYSE: FR), its last 5-days average volume was 1.77 million, which is a jump from its year-to-date volume of 1.19 million. As of the previous 9 days, the stock’s Stochastic %D was 4.52%. Additionally, its Average True Range was 1.19.
During the past 100 days, First Industrial Realty Trust, Inc.’s (FR) raw stochastic average was set at 6.02%, which indicates a significant decrease from 6.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.40% in the past 14 days, which was higher than the 24.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.38, while its 200-day Moving Average is $50.27. However, in the short run, First Industrial Realty Trust, Inc.’s stock first resistance to watch stands at $46.18. Second resistance stands at $46.73. The third major resistance level sits at $47.27. If the price goes on to break the first support level at $45.09, it is likely to go to the next support level at $44.55. Should the price break the second support level, the third support level stands at $44.00.
First Industrial Realty Trust, Inc. (NYSE: FR) Key Stats
Market capitalization of the company is 6.04 billion based on 132,341K outstanding shares. Right now, sales total 614,030 K and income totals 274,820 K. The company made 157,280 K in profit during its latest quarter, and 89,200 K in sales during its previous quarter.
