Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

First Industrial Realty Trust (FR-N) is a dominant player in the industrial warehousing sector, with a strong presence in 15 of the top US markets, particularly in southern California. Despite the impact of inflation on new starts, the company is well-positioned to benefit from increasing demand and potential pricing power. With a solid development pipeline, significant discount to NAV, and the possibility of being a takeout candidate, the stock presents an attractive investment opportunity. Analysts also expect strong earnings growth in the coming years, making it a compelling choice for investors.

Consensus
Bullish
Valuation
Undervalued
TOP PICK

Concentrated in 15 of the top US markets. Outside of DIR.UN, his best idea for industrial warehousing globally. Over 20% discount to NAV. Southern California strong industrial hub. Inflation has muted new starts, yet demand is increasing, so pricing power should return next year. Expiring leases can be renewed higher. Yield is 3%.

If discount to NAV persists, possible takeout candidate.

(Analysts’ price target is $50.79)
investment companies / funds
TOP PICK

In the 15 tightest markets in the US, with very low vacancy rates. Mostly in southern California, which benefits from being home to a #1 distribution hub. Leader in earnings growth in 2023 with lease renewal. Solid development pipeline. 20-25% discount to NAV. Expects 8% earnings growth this year. Could be an M&A target. Yield is 2.46%.

(Analysts’ price target is $57.64)
investment companies / funds
TOP PICK
They have less exposure (40%) to US coastal markets (than other industrial REITS) where there is a constraint of supply (and can seriously raise rents). Given the other 60% of the company pushes down the value--too cheap in his eyes. (Analysts’ price target is $43.33)
investment companies / funds
HOLD

Fed is thinking of ending QE early which could take the bite out of silver. It is below its 20 and 50 day moving averages so it is a bit concerning. You might want to consider stepping aside.

investment companies / funds
DON'T BUY
Interest rate sensitivity. Very focused trading range. Technically forming a triangle so it will break out one way or the other. You could Buy if it broke out above $7.50. Prefers bigger players where much of the money is going to flow, such as Simon Property Group (SPG-N).
investment companies / funds
Showing 1 to 5 of 5 entries
  • «
  • 1
  • »

First Industrial Realty Trust(FR-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for First Industrial Realty Trust is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

First Industrial Realty Trust(FR-N) Frequently Asked Questions

What is First Industrial Realty Trust stock symbol?

First Industrial Realty Trust is a American stock, trading under the symbol FR-N on the New York Stock Exchange (FR). It is usually referred to as NYSE:FR or FR-N

Is First Industrial Realty Trust a buy or a sell?

In the last year, there was no coverage of First Industrial Realty Trust published on Stockchase.

Is First Industrial Realty Trust a good investment or a top pick?

First Industrial Realty Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for First Industrial Realty Trust.

Why is First Industrial Realty Trust stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is First Industrial Realty Trust worth watching?

In the last year, there was no coverage of First Industrial Realty Trust published on Stockchase.

What is First Industrial Realty Trust stock price?

On 2024-03-18, First Industrial Realty Trust (FR-N) stock closed at a price of $51.63.