There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for First Industrial Realty Trust Inc. (FR) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $54.30. The First Industrial Realty Trust Inc. has recorded 17,375 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that First Industrial Realty Trust to Present at Citi’s 2023 Global Property CEO Conference.
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This NYSE-listed company operates within the REIT – Industrial industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $54.30 and fluctuated between $54.38 as its day high and $53.76 as its day low. The current market capitalization of First Industrial Realty Trust Inc. is $7.08B. A total of 0.53 million shares were traded on the day, compared to an average of 920.25K shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, FR has seen 2 BUY and 5 SELL insider trades, representing the acquisition of 15,064 and the disposition of 9,099 shares. Over the last 12 months, there were 4 BUYs and 7 SELLs from insiders. Insiders purchased 17,574 shares during that period but sold 9,524.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. First Industrial Realty Trust Inc. pays an annual dividend of $1.28, resulting in a dividend yield of 2.36%, and it has a price to earnings (P/E) ratio of 20.00. FR’s most recent ex-dividend date was 3/30/2023 when it declared a $0.32 quarterly dividend that was paid in cash on 4/17/2023. Previously, the company paid the dividend on 1/17/2023 with an ex-dividend date of 12/29/2022. The FR stock dividend was $0.2950 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for FR in the last 3 months, the mean price target is $58.90 with high estimates of $65.00 and low estimates of $55.00. In terms of 52-week highs and lows, FR has a high of $65.92 and a low of $42.91.
As of this writing, FR has an earnings estimate of $0.26 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.27 per share and a lower estimate of $0.26. The company reported an EPS of $0.94 in the last quarter, which was 248.10% higher than expectations of $0.27.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FR is Hold with a score of 4.22. A total of 5 analysts rated the stock as Buy while 3 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.