First Industrial Realty Trust Inc

Company Profile

First Industrial Realty Trust Inc had its IPO on 1994-06-23 under the ticker symbol FR.

The company operates in the Real Estate sector and REIT-Industrial industry. First Industrial Realty Trust Inc has a staff strength of 157 employees.

Stock update

Shares of First Industrial Realty Trust Inc opened at $50.59 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $50.43 - $50.74, and closed at $50.53.

This is a -0.43% slip from the previous day's closing price.

A total volume of 1,122,112 shares were traded at the close of the day’s session.

In the last one week, shares of First Industrial Realty Trust Inc have slipped by -3.37%.

First Industrial Realty Trust Inc's Key Ratios

First Industrial Realty Trust Inc has a market cap of $6.89 billion, indicating a price to book ratio of 2.6734 and a price to sales ratio of 12.8562.

In the last 12-months First Industrial Realty Trust Inc’s revenue was $587.39 million with a gross profit of $395.28 million and an EBITDA of $394.51 million. The EBITDA ratio measures First Industrial Realty Trust Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First Industrial Realty Trust Inc’s operating margin was 40.14% while its return on assets stood at 3.02% with a return of equity of 13.29%.

In Q2, First Industrial Realty Trust Inc’s quarterly earnings growth was a negative -53.4% while revenue growth was a positive 18.2%.

First Industrial Realty Trust Inc’s PE and PEG Ratio

Forward PE

53.7634

Trailing PE

21.1458

PEG

3.74

Its diluted EPS in the last 12-months stands at $2.4 per share while it has a forward price to earnings multiple of 53.7634 and a PEG multiple of 3.74. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First Industrial Realty Trust Inc’s profitability.

First Industrial Realty Trust Inc stock is trading at a EV to sales ratio of 16.0845 and a EV to EBITDA ratio of 16.1638. Its price to sales ratio in the trailing 12-months stood at 12.8562.

First Industrial Realty Trust Inc stock pays annual dividends of $1.23 per share, indicating a yield of 2.53% and a payout ratio of 52.51%.

Balance sheet and cash flow metrics

Total Assets

$5.09 billion

Total Liabilities

$476.88 million

Operating Cash Flow

$-251105000.00

Capital Expenditure

$261.68 million

Dividend Payout Ratio

52.51%

First Industrial Realty Trust Inc ended 2024 with $5.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.09 billion while shareholder equity stood at $2.56 billion.

First Industrial Realty Trust Inc ended 2024 with $0 in deferred long-term liabilities, $476.88 million in other current liabilities, 1323000.00 in common stock, $48.22 million in retained earnings and $0 in goodwill. Its cash balance stood at $68.10 million and cash and short-term investments were $68.10 million. The company’s total short-term debt was $258,000,000 while long-term debt stood at $1.92 billion.

First Industrial Realty Trust Inc’s total current assets stands at $208.67 million while long-term investments were $37.45 million and short-term investments were $0. Its net receivables were $140.58 million compared to accounts payable of $174.58 million and inventory worth $72000.00.

In 2024, First Industrial Realty Trust Inc's operating cash flow was $-251105000.00 while its capital expenditure stood at $261.68 million.

Comparatively, First Industrial Realty Trust Inc paid $0.53 in dividends in 2024.

Other key metrics

Current Trading Price

$50.53

52-Week High

$55.23

52-Week Low

$42.1194

Analyst Target Price

$58.6

First Industrial Realty Trust Inc stock is currently trading at $50.53 per share. It touched a 52-week high of $55.23 and a 52-week low of $55.23. Analysts tracking the stock have a 12-month average target price of $58.6.

Its 50-day moving average was $52.02 and 200-day moving average was $51.33 The short ratio stood at 2.78 indicating a short percent outstanding of 0%.

Around 42.8% of the company’s stock are held by insiders while 10120.4% are held by institutions.