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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 27 Wall Street analysts, predicts a 12-month average price target of $62.63, with a high of $67.00 and a low of $58.00. This represents a 9.07% increase from the last price of $57.42.

$45 $50 $55 $60 $65 $70 High: $67 Avg: $62.63 Low: $58 Last Closed Price: $57.42

FR Stock Rating

First Industrial Realty Trust stock's rating consensus is Buy, based on 27 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 18 Buy (66.67%), 7 Hold (25.93%), 2 Sell (7.41%), and 0 Strong Sell (0.00%).

Buy
Total 27 0 2 7 18 Strong Sell Sell Hold Buy Strong Buy

FR Price Target Upside V Benchmarks

TypeNameUpside
StockFirst Industrial Realty Trust9.07%
SectorReal Estate Stocks 12.04%
IndustryIndustrial REIT Stocks 5.70%

Price Target Trends

1M3M12M
# Anlaysts6912
Avg Price Target$63.33$61.44$60.08
Last Closing Price$57.42$57.42$57.42
Upside/Downside10.29%7.00%4.63%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 26368--17
Dec, 25369--18
Nov, 25369--18
Oct, 25369--18
Sep, 25368--17
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 20, 2026Truist Financial$65.00$59.908.51%13.20%
Jan 14, 2026Nicholas YulicoScotiabank$62.00$59.214.71%7.98%
Jan 13, 2026Barclays$64.00$58.589.25%11.46%
Jan 08, 2026Robert W. Baird$64.00$58.339.72%11.46%
Jan 05, 2026Cantor Fitzgerald$58.00$58.57-0.97%1.01%
Jan 05, 2026Industrial Alliance Securities$67.00$57.9015.72%16.68%
Dec 04, 2025UBS$62.00$55.9310.85%7.98%
Nov 10, 2025Nicholas YulicoScotiabank$57.00$55.832.10%-0.73%
Nov 03, 2025Barclays$54.00$55.28-2.32%-5.96%
Oct 21, 2025Caitlin BurrowsGoldman Sachs$59.00$55.765.81%2.75%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
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
Aug 27, 2025ScotiabankSector PerformSector Performhold
Mar 25, 2025BarclaysCautiousCautioushold
Jan 14, 2025Deutsche BankHoldinitialise

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$2.02$2.08$2.30----
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%-14.04%22.35%15.58%----

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$476.29M$539.93M$614.03M$669.64M----
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 %-0.09%3.90%-0.16%0.85%----

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$266.67M$274.82M$303.84M----
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%-13.13%0.08%15.37%----

FR Forecast FAQ

Is First Industrial Realty Trust stock a buy?

First Industrial Realty Trust stock has a consensus rating of Buy, based on 27 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 18 Buy, 7 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 27 Wall Street analysts, averages $62.63 over the next 12 months. The price target range spans from $58 at the low end to $67 at the high end, suggesting a potential 9.07% change from the previous closing price of $57.42.

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

First Industrial Realty Trust's stock forecast shows a 9.07% upside, underperforming the average forecast for the real estate stocks sector (12.04%) and outperforming the industrial reit stocks industry (5.70%).

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

  • January 2026: 17.65% Strong Buy, 35.29% Buy, 47.06% Hold, 0% Sell, 0% Strong Sell.
  • December 2025: 16.67% Strong Buy, 33.33% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2025: 16.67% Strong Buy, 33.33% Buy, 50.00% 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 2025 is $1.57, marking a -31.74% decrease from the reported $2.3 in 2024. Estimates for the following years are $1.71 in 2026, $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 2025 is $708.54M, reflecting a 5.81% increase from the reported $669.64M in 2024. The forecast for 2026 is $763.06M, followed by $837.9M for 2027, 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 2025 stands at $208.52M, representing a -31.37% decrease from the reported $303.84M in 2024. Projections indicate $227.23M in 2026, $241.3M in 2027, and $276.59M in 2028.