First Industrial Realty Trust is a industrial REIT company located in Illinois, United States, which is part of the Real Estate sector, and is traded under the ticker FR on the NYSE exchange.
First Industrial Realty Trust stock last closed at $49.46, up 0.55% from the previous day, and has increased 0.39% in one year. It has overperformed other stocks in the REIT - Industrial industry by 0.05 percentage points. First Industrial Realty Trust stock is currently +22.3% from its 52-week low of $40.44, and -10.9% from its 52-week high of $55.51.
There are currently 132.27M FR shares outstanding. The market cap of FR is $6.54B. In the last 24 hours, 415,613 FR shares were traded.
How to Buy First Industrial Realty Trust Stock
Wondering how to invest in First Industrial Realty Trust stock? Here's how.
Decide where to buy First Industrial Realty Trust stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy First Industrial Realty Trust stock.
Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Fund your investment account: Pick your payment method and add your information.
Research First Industrial Realty Trust stock: The First Industrial Realty Trust ticker symbol is FR. Is First Industrial Realty Trust stock a good investment? Should you buy shares of FR? How do FR's underlying business fundamentals look? Do top analysts think First Industrial Realty Trust is a good buy? Why has FR's stock price moved recently? (Hint: Our stock market research website can help you decide if FR is a good stock to buy).
Place your FR buy order: Decide if you will purchase FR shares at the current market price or use a limit order to purchase FR stock at a specific price.
Keep tabs on your FR investment: Create a watchlist to the latest updates on your position in First Industrial Realty Trust stock.
Step 1: Decide where to buy First Industrial Realty Trust stock
You will need an online brokerage account in order to access the NYSE market and buy FR stock.
A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to buy FR stock today.
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Step 4: Research First Industrial Realty Trust stock
After you have selected the best place to buy First Industrial Realty Trust stock, it's very important to analyze their stock before you buy, so you actually understand the risk and upside.
First Industrial Realty Trust stock quick numbers
FR Price
$49.46
1w %
2.04%
1y %
0.39%
5y %
56.32%
P/E
24.49x
P/B
2.58x
P/S
10.88x
PEG
2x
Revenue
$601.37M
Earnings
$267.61M
Fore. Rev. Growth
5.01%
Fore. Earn. Growth
12.27%
Market Cap
$6.54B
Next Earnings
Feb 6, 2024
Next Dividend
Jan 16, 2024
First Industrial Realty Trust Zen Score
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on FR's stock page.
Is FR stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge FR's intrinsic value.
Using relative valuations measures:
FR could be undervalued based on its P/E ratio of 24.49x, relative to REIT - Industrial industry P/E ratio of 28.66x
FR could be overvalued based on its P/B ratio of 2.58x, relative to REIT - Industrial industry P/B ratio of 2.24x
FR could be overvalued based on its PEG ratio of 2x
You can do additional valuation analysis on FR's stock here.
FR Financial Health Summary
Negative Health Checks:
FR profit margin has gone down from 75.8% to 44.5% in the past year.
FR has a relatively high debt to equity ratio of 1.
Total FR debt is higher than 5 years ago, relative to shareholder equity.
Is FR stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 7 Wall Street analysts who give forecasts on FR, the consensus analyst rating on First Industrial Realty Trust is a Hold
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent FR Analyst Recommendations
Craig Mailman, a bottom 10% analyst from Citigroup initiates coverage on FR with a hold rating and announces their FR price target of $57.00, on Jul 19, 2023.
Vikram Malhorta, a bottom 9% analyst from Mizuho reiterates FR with a hold rating and maintains their FR price target from $55.00 to $55.00, on Jun 12, 2023.
Last year, FR earnings were $267.61M. Over the last 5 year, FR's earnings have gone up by 3.27% per year. This was slower than the REIT - Industrial industry average of 7.62%.
Last year, FR revenue was $601.37M. Over the last 5 year, FR's revenue has increased by 8.44% per year. This was slower than the REIT - Industrial industry average of 19.16%.
First Industrial Realty Trust pays a dividend of 2.54%, compared to the REIT - Industrial industry's average dividend yield of 4.05%. If you owned $1,000 of FR stock, you would have received $25.37 in the past 12 months.
First Industrial Realty Trust dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Place your FR buy order
You have two main order types:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are mostly the easiest way to buy.
Limit order: A limit order lets you buy or sell a security at a specific price (or better). If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you want more help buying stocks on eToro, watch the helpful video below:
How much does it cost to buy one First Industrial Realty Trust share?
As of Dec 8, 2023, it costs $49.46 to buy one share of First Industrial Realty Trust stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.202 shares of FR.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Is now a good time to buy First Industrial Realty Trust stock?
According to 7 Wall Street analysts who monitor First Industrial Realty Trust, their consensus recommendation is to hold First Industrial Realty Trust stock.
What is the best way to buy First Industrial Realty Trust stock?
One way to place an order for First Industrial Realty Trust stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.