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First Industrial Realty Trust (FR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

FR Stock Forecast

First Industrial Realty Trust (FR) stock forecast, based on 29 Wall Street analysts, predicts a 12-month average price target of $63.89, with a high of $67.00 and a low of $59.00. This represents a 4.65% increase from the last price of $61.05.

$45 $50 $55 $60 $65 $70 High: $67 Avg: $63.89 Low: $59 Last Closed Price: $61.05

FR Stock Rating

First Industrial Realty Trust stock's rating consensus is Buy, based on 29 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 18 Buy (62.07%), 9 Hold (31.03%), 2 Sell (6.90%), and 0 Strong Sell (0.00%).

Buy
Total 29 0 2 9 18 Strong Sell Sell Hold Buy Strong Buy

FR Price Target Upside V Benchmarks

TypeNameUpside
StockFirst Industrial Realty Trust4.65%
SectorReal Estate Stocks 10.73%
IndustryIndustrial REIT Stocks 6.88%

Price Target Trends

1M3M12M
# Anlaysts21016
Avg Price Target$65.50$64.10$61.38
Last Closing Price$61.05$61.05$61.05
Upside/Downside7.29%5.00%0.54%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 26367--16
Feb, 26367--16
Jan, 26368--17
Dec, 25369--18
Nov, 25369--18
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 17, 2026Truist Financial$66.00$60.079.87%8.11%
Feb 17, 2026Robert W. Baird$65.00$58.9210.32%6.47%
Feb 09, 2026Michael CarrolRBC Capital$66.00$59.6210.70%8.11%
Feb 06, 2026Cantor Fitzgerald$64.00$59.757.11%4.83%
Jan 20, 2026Truist Financial$65.00$59.908.51%6.47%
Jan 14, 2026Nicholas YulicoScotiabank$62.00$59.214.71%1.56%
Jan 13, 2026Barclays$64.00$58.589.25%4.83%
Jan 08, 2026Robert W. Baird$64.00$58.339.72%4.83%
Jan 05, 2026Cantor Fitzgerald$58.00$58.57-0.97%-5.00%
Jan 05, 2026Industrial Alliance Securities$67.00$57.9015.72%9.75%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Feb 10, 2026CitigroupNeutralNeutralhold
Feb 09, 2026RBC CapitalOutperformOutperformhold
Feb 06, 2026Cantor FitzgeraldNeutralNeutralhold
Jan 14, 2026ScotiabankSector PerformSector Performhold
Jan 13, 2026BarclaysPositivePositivehold
Jan 05, 2026Cantor FitzgeraldNeutralNeutralhold
Jan 05, 2026Deutsche BankHoldBuyupgrade
Nov 10, 2025ScotiabankSector PerformSector Performhold
Oct 21, 2025Goldman SachsNeutralNeutralhold
Oct 01, 2025Cantor FitzgeraldNeutralinitialise

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.09$2.72$2.08$2.17$1.87---
Avg Forecast$1.46$2.35$1.70$1.99$1.57$1.71$1.81$2.09
High Forecast$1.52$2.41$1.70$2.00$1.61$1.78$1.89$2.16
Low Forecast$1.41$2.26$1.69$1.98$1.55$1.66$1.73$1.98
Surprise %43.15%15.74%22.35%9.05%19.11%---

Revenue Forecast

$450M $560M $670M $780M $890M $1B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$476.13M$654.87M$618.20M$672.18M$727.08M---
Avg Forecast$476.73M$519.68M$615.00M$664.02M$708.54M$763.06M$837.90M$938.20M
High Forecast$490.63M$530.35M$616.70M$668.75M$725.63M$765.41M$843.40M$963.12M
Low Forecast$463.38M$504.06M$613.09M$659.61M$682.86M$760.71M$832.40M$900.86M
Surprise %-0.13%26.01%0.52%1.23%2.62%---

Net Income Forecast

$150M $200M $250M $300M $350M $400M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$271.00M$359.13M$274.82M$287.34M$259.97M---
Avg Forecast$236.64M$306.98M$274.58M$263.35M$208.52M$227.23M$241.30M$276.59M
High Forecast$283.96M$368.37M$329.50M$264.85M$212.51M$235.41M$249.68M$286.15M
Low Forecast$189.31M$245.58M$219.67M$261.86M$204.53M$219.25M$229.40M$262.28M
Surprise %14.52%16.99%0.08%9.11%24.68%---

FR Forecast FAQ

Is First Industrial Realty Trust stock a buy?

First Industrial Realty Trust stock has a consensus rating of Buy, based on 29 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 18 Buy, 9 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that First Industrial Realty Trust is a favorable investment for most analysts.

What is First Industrial Realty Trust's price target?

First Industrial Realty Trust's price target, set by 29 Wall Street analysts, averages $63.89 over the next 12 months. The price target range spans from $59 at the low end to $67 at the high end, suggesting a potential 4.65% change from the previous closing price of $61.05.

How does First Industrial Realty Trust stock forecast compare to its benchmarks?

First Industrial Realty Trust's stock forecast shows a 4.65% upside, underperforming the average forecast for the real estate stocks sector (10.73%) and underperforming the industrial reit stocks industry (6.88%).

What is the breakdown of analyst ratings for First Industrial Realty Trust over the past three months?

  • March 2026: 18.75% Strong Buy, 37.50% Buy, 43.75% Hold, 0% Sell, 0% Strong Sell.
  • February 2026: 18.75% Strong Buy, 37.50% Buy, 43.75% Hold, 0% Sell, 0% Strong Sell.
  • January 2026: 17.65% Strong Buy, 35.29% Buy, 47.06% Hold, 0% Sell, 0% Strong Sell.

What is First Industrial Realty Trust’s EPS forecast?

First Industrial Realty Trust's average annual EPS forecast for its fiscal year ending in December 2026 is $1.71, marking a -8.56% decrease from the reported $1.87 in 2025. Estimates for the following years are $1.81 in 2027, and $2.09 in 2028.

What is First Industrial Realty Trust’s revenue forecast?

First Industrial Realty Trust's average annual revenue forecast for its fiscal year ending in December 2026 is $763.06M, reflecting a 4.95% increase from the reported $727.08M in 2025. The forecast for 2027 is $837.9M, and $938.2M for 2028.

What is First Industrial Realty Trust’s net income forecast?

First Industrial Realty Trust's net income forecast for the fiscal year ending in December 2026 stands at $227.23M, representing a -12.59% decrease from the reported $259.97M in 2025. Projections indicate $241.3M in 2027, and $276.59M in 2028.