Robert W. Baird analyst Dave Rodgers reiterated a Buy rating on First Industrial Realty (NYSE:FR) Trust on Thursday, setting a price target of $53, which is approximately 8.74% above the present share price of $48.74.
Rodgers expects First Industrial Realty Trust to post earnings per share (EPS) of $0.48 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in First Industrial Realty, with an average price target of $50.
The analysts price targets range from a high of $53 to a low of $46.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $116.26 million and a net profit of $42.48 million. The company's market cap is $6.29 billion.
According to TipRanks.com, Robert W. Baird analyst Dave Rodgers is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.1% and a 72.78% success rate.
First Industrial Realty Trust, Inc. operates as a real estate investment trust. It engages in the ownership, management, acquisition, sale, development and redevelopment of industrial real estate. The firm product portfolio includes warehouse and light industrial properties. The company was founded by Johannson L. Yap, Robert L. Denton, Sr., and Jay H. Shidler in 1993 and is headquartered in Chicago, IL.