First Industrial Realty Trust, Inc. (FR) Company Bio
First Industrial Realty Trust develops, owns, and operates industrial properties. The company was founded in 1993 and is based in the United States.
FR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for First Industrial Realty Trust Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that First Industrial Realty Trust Inc ranked in the 42th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for FR, they are:
First Industrial Realty Trust Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 16.47% of tickers in our DCF set.
First Industrial Realty Trust Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 24.36% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Real Estate), First Industrial Realty Trust Inc has a reliance on debt greater than only 14.07% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SITC, BDN, CUZ, UBA, and OHI can be thought of as valuation peers to FR, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
First Industrial Realty Trust, Inc. (FR) Q2 2020 Earnings Conference Call July 23, 2020 11:00 AM ET Company Participants Arthur Harmon - Vice President, Investor Relations and Marketing Peter Baccile - President and Chief Executive Officer Scott Musil - Chief Financial Officer Johannson Yap - Chief Investment Officer Peter Schultz...
Image source: The Motley Fool. First Industrial Realty Trust Inc (NYSE: FR)Q2 2020 Earnings CallJul 23, 2020, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by and welcome to the First Industrial Second Quarter Results Call.