How to Buy First Industrial Realty Trust Stock
First Industrial Realty Trust Inc
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 $48.60, down 3.67% from the previous day, and has decreased 5.41% in one year. It has overperformed other stocks in the REIT - Industrial industry by 0.02 percentage points. First Industrial Realty Trust stock is currently +20.18% from its 52-week low of $40.44, and -12% from its 52-week high of $55.23.
There are currently 132.34M FR shares outstanding. The market cap of FR is $6.43B. In the last 24 hours, 2.17M 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.
Our recommended brokerage: eToro
Based on our research, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 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.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on investing apps, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of depositing funds into your investment account.
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
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 23.37x, relative to REIT - Industrial industry P/E ratio of 28.7x
- FR could be overvalued based on its P/B ratio of 2.51x, relative to REIT - Industrial industry P/B ratio of 2.07x
- FR could be overvalued based on its PEG ratio of 1.07x
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 66.5% to 44.8% in the past year.
- FR has a relatively high debt to equity ratio of 0.99.
- 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 Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent FR Analyst Recommendations
Caitlin Burrows, a bottom 5% analyst from Goldman Sachs maintains FR with a strong sell rating and raises their FR price target from $41.00 to $47.00, on Jan 11, 2024.
Haendel St. Juste, a bottom 10% analyst from Mizuho upgrades FR to a strong buy rating and announces their FR price target of $55.00, on Dec 5, 2023.
You can dig deeper into what analysts are projecting on the First Industrial Realty Trust stock forecast page.
Metrics for Advanced FR Traders
How is FR performing as a company?
Last year, FR earnings were $274.82M. Over the last 5 year, FR's earnings have gone up by 9.69% per year. This was faster than the REIT - Industrial industry average of 6.75%.
Last year, FR revenue was $614.03M. Over the last 5 year, FR's revenue has increased by 8.74% per year. This was slower than the REIT - Industrial industry average of 18.68%.
Find out more about FR's earnings and revenue performance here.
Latest Insiders Trades at FR
In the last 12 months, executives and large shareholders at FR have sold more shares than they have bought.
Rice Jennifer Matthews, General Counsel of FR, was the latest FR insider to sell. They sold $196,518.70 worth of FR stock on Jan 2, 2024.
Research more about who owns FR shares here.
Can I rely on FR as an income stream?
First Industrial Realty Trust pays a dividend of 2.74%, compared to the REIT - Industrial industry's average dividend yield of 4.23%. If you owned $1,000 of FR stock, you would have received $27.37 in the past 12 months.
First Industrial Realty Trust dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about First Industrial Realty Trust dividend yield and history here.
What do other investors have to say about FR?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
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:
Step 6: Keep tabs on your FR investment
Now that you own some shares in FR, you'll want to stay up-to-date on your investment.
Make a watchlist to keep tabs on your FR stock.
FR Feed
How to Buy Stock in First Industrial Realty Trust
To reiterate, here are the 6 steps for buying First Industrial Realty Trust stock:
- Decide where to buy First Industrial Realty Trust stock
- Sign up for a brokerage account
- Fund your investment account
- Research First Industrial Realty Trust stock
- Place your FR buy order
- Keep tabs on your FR investment
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in First Industrial Realty Trust, create a watchlist today.
Other "How To" Guides You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.