Unveiling 4 Analyst Insights On First Industrial Realty

4 analysts have shared their evaluations of First Industrial Realty FR during the recent three months, expressing a mix of bullish and bearish perspectives.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for First Industrial Realty, revealing an average target of $50.5, a high estimate of $58.00, and a low estimate of $41.00. Highlighting a 6.48% decrease, the current average has fallen from the previous average price target of $54.00.

Deciphering Analyst Ratings: An In-Depth Analysis

The perception of First Industrial Realty by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to First Industrial Realty. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of First Industrial Realty compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of First Industrial Realty's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of First Industrial Realty's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on First Industrial Realty analyst ratings.

Get to Know First Industrial Realty Better

First Industrial Realty Trust is a real estate investment trust which which owns, manages, acquires, sells, develops and redevelops industrial real estate. First Industrial's real estate portfolio is primarily comprised of light industrial properties, which are split between industrial and office space, and bulk warehouse properties generally located in business parks near transportation hubs. While light industrial buildings represent the largest share of First Industrial's holdings, bulk warehouses make up most of its portfolio's square footage. The company derives the vast majority of its revenue from rental income tied to medium-term leases. First Industrial's customers include manufacturing, retail, wholesale trade, distribution, and professional services companies.

First Industrial Realty: A Financial Overview

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining First Industrial Realty's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.99% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.

Net Margin: First Industrial Realty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 48.31% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): First Industrial Realty's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.98%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): First Industrial Realty's ROA stands out, surpassing industry averages. With an impressive ROA of 1.46%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.88.

The Basics of Analyst Ratings

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.