FR Intrinsic Stock Value – Analysts Give First Industrial Realty Trust, an Average Rating of ‘Hold’
November 18, 2023
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First Industrial Realty ($NYSE:FR) Trust, Inc. (FR) is a real estate investment trust (REIT) that specializes in industrial properties. It caters to its tenants’ needs by providing access to locations that are close to customers, employees, and transportation infrastructure. Analysts have recently given First Industrial Realty Trust, Inc. an average rating of “Hold”.
This means that analysts are not recommending it as an especially strong investment option at this time. Investors looking for higher yield investments may want to look elsewhere.
Share Price
This marks a slight decrease in share prices for the company over the course of the day. The average rating of “Hold” indicates that analysts are somewhat optimistic in their outlook for the company’s stock, but are not expecting significant changes in share prices in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FR. More…
| Total Revenues | Net Income | Net Margin |
| 601.37 | 267.35 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FR. More…
| Operations | Investing | Financing |
| 305.32 | -440.52 | 37.62 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.15k | 2.54k | 19.17 |
Key Ratios Snapshot
Some of the financial key ratios for FR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 40.2% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – FR Intrinsic Stock Value
At GoodWhale, we conducted a comprehensive analysis of FIRST INDUSTRIAL REALTY TRUST’s financials and our proprietary Valuation Line revealed that the fair value of their share is around $56.6. However, the stock is currently being traded at $44.5, which means it is undervalued by 21.3%. This presents an opportunity for potential investors to purchase FIRST INDUSTRIAL REALTY TRUST stock at a discounted rate and benefit from the expected uptick in its stock price. More…
Peers
First Industrial‘s competitors include LXP Industrial Trust, Prologis Inc, and Stag Industrial Inc.
– LXP Industrial Trust ($NYSE:LXP)
LXP Industrial Trust is a real estate investment trust that owns, operates, and leases a portfolio of approximately 50 industrial properties in the United States. The company’s properties are located in major markets across the country, including Los Angeles, Chicago, Dallas, Houston, and Atlanta. LXP Industrial Trust is publicly traded on the New York Stock Exchange under the ticker symbol “LXP.”
– Prologis Inc ($NYSE:PLD)
Prologis Inc is a real estate investment trust (REIT) that owns, operates, and develops warehouses and distribution centers. As of December 31, 2020, the company owned or had investments in 3,813 properties in 19 countries.
The company’s market capitalization is $94.6 billion as of 2022. Prologis Inc is one of the largest REITs in the world and is the largest owner, operator, and developer of warehouses and distribution centers.
– Stag Industrial Inc ($NYSE:STAG)
Stag Industrial Inc is a publicly traded real estate investment trust focused on the acquisition, ownership, and operation of single-tenant industrial properties across the United States. The company’s portfolio includes over 170 properties in 33 states, totaling over 26 million square feet of leasable space.
Summary
Analysts have given an average rating of “Hold” to First Industrial Realty Trust, Inc., a publicly traded real estate investment trust specializing in the acquisition, development, ownership and management of industrial real estate. Analysts are cautious about the stock given the current economic environment, with analysts noting that there may be limited upside potential moving forward. Investors should note that the company has seen strong cash flow in recent quarters, and has maintained a solid balance sheet with excellent liquidity. The company’s portfolio is diversified across multiple property types and markets, providing additional security.
In addition, the company’s rental agreements are typically long-term leases, providing a reliable income stream. Investors should continue to monitor First Industrial Realty Trust’s performance and news regarding the broader real estate industry before making any investing decisions.
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