First Industrial Realty Trust CFO Scott A. Musil Unloads 6,280 Shares (FR)
First Industrial Realty Trust (NYSE:FR) CFO Scott A. Musil unloaded 6,280 shares of First Industrial Realty Trust stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $18.39, for a total transaction of $115,489.20. Following the sale, the chief financial officer now directly owns 124,162 shares in the company, valued at approximately $2,283,339. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
First Industrial Realty Trust (NYSE:FR) traded down 0.11% during mid-day trading on Wednesday, hitting $18.47. The stock had a trading volume of 482,796 shares. First Industrial Realty Trust has a one year low of $14.79 and a one year high of $19.67. The stock has a 50-day moving average of $18.62 and a 200-day moving average of $18.64. The company has a market cap of $2.041 billion and a price-to-earnings ratio of 64.43.
First Industrial Realty Trust (NYSE:FR) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.28 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.28. Analysts expect that First Industrial Realty Trust will post $1.14 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, October 20th. Investors of record on Tuesday, September 30th will be given a dividend of $0.1025 per share. This represents a $0.41 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Friday, September 26th.
Separately, analysts at BMO Capital Markets raised their price target on shares of First Industrial Realty Trust from $18.00 to $20.00 in a research note on Tuesday, July 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $20.75.
First Industrial Realty Trust, Inc is a real estate investment trust (NYSE:FR).
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