First Industrial Realty Trust (FR) Scheduled to Post Quarterly Earnings on Tuesday

First Industrial Realty Trust (NYSE:FR) is set to announce its earnings results after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.15 per share for the quarter.

Shares of First Industrial Realty Trust (NYSE FR) opened at $28.61 on Tuesday. The stock has a market cap of $3,420.43, a PE ratio of 26.49 and a beta of 0.89. First Industrial Realty Trust has a 52-week low of $25.56 and a 52-week high of $32.91. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.81 and a quick ratio of 0.81.

In related news, Director Bruce W. Duncan sold 16,854 shares of the company’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $32.42, for a total transaction of $546,406.68. Following the completion of the sale, the director now owns 866,966 shares of the company’s stock, valued at $28,107,037.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.71% of the company’s stock.

A number of equities research analysts have recently issued reports on FR shares. KeyCorp reissued a “hold” rating on shares of First Industrial Realty Trust in a research report on Tuesday, October 24th. SunTrust Banks reissued a “buy” rating and issued a $32.00 target price on shares of First Industrial Realty Trust in a research report on Friday, October 27th. Stifel Nicolaus boosted their target price on shares of First Industrial Realty Trust from $33.00 to $34.00 and gave the company a “buy” rating in a research report on Monday, November 6th. ValuEngine raised shares of First Industrial Realty Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $34.00 price objective on shares of First Industrial Realty Trust in a research report on Friday, November 24th. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $32.29.

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First Industrial Realty Trust Company Profile

First Industrial Realty Trust, Inc is a real estate investment trust (REIT). The Trust is a self-administered real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate. As of December 31, 2016, the Company’s in-service portfolio consisted of 215 light industrial properties, 53 research and development (R&D)/flex properties, 167 bulk warehouse properties and 100 regional warehouse properties containing an aggregate of approximately 62.2 million square feet of gross leasable area (GLA) located in 23 states.

Earnings History for First Industrial Realty Trust (NYSE:FR)

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