First Industrial Realty Trust (FR) Stock Forecast, Price Target & Predictions
FR Stock Forecast
First Industrial Realty Trust stock forecast is as follows: an average price target of $60.22 (represents a 6.89% upside from FR’s last price of $56.34) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
FR Price Target
FR Analyst Ratings
First Industrial Realty Trust Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 26, 2024 | Nicholas Yulico | Scotiabank | $58.00 | $56.41 | 2.82% | 2.95% |
Aug 13, 2024 | Andrew Rosivach | Wolfe Research | $64.00 | $53.96 | 18.61% | 13.60% |
Jul 30, 2024 | Michael Carrol | RBC Capital | $60.00 | $54.27 | 10.56% | 6.50% |
May 06, 2024 | Michael Carrol | RBC Capital | $57.00 | $47.25 | 20.63% | 1.17% |
Dec 16, 2022 | - | J.P. Morgan | $56.00 | $49.12 | 14.01% | -0.60% |
Jun 30, 2022 | - | Jefferies | $55.00 | $47.48 | 15.84% | -2.38% |
Jun 16, 2022 | - | Goldman Sachs | $61.00 | $47.70 | 27.88% | 8.27% |
May 16, 2022 | - | Truist Financial | $63.00 | $53.17 | 18.48% | 11.82% |
May 02, 2022 | - | Barclays | $71.00 | $57.31 | 23.88% | 26.02% |
Jul 15, 2021 | Jonathan Petersen | Jefferies | $61.00 | $53.54 | 13.93% | 8.27% |
First Industrial Realty Trust Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 3 | 4 |
Avg Price Target | $58.00 | $60.67 | $59.75 |
Last Closing Price | $56.34 | $56.34 | $56.34 |
Upside/Downside | 2.95% | 7.69% | 6.05% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 28, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Aug 12, 2024 | Wolfe Research | - | Outperform | Upgrade |
Aug 07, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
Jul 30, 2024 | RBC Capital | Outperform | Outperform | Hold |
Jun 04, 2024 | Exane BNP Paribas | - | Outperform | Initialise |
May 16, 2024 | Wedbush | Sector Perform | Sector Perform | Hold |
May 16, 2024 | Scotiabank | Underperform | Underperform | Hold |
May 06, 2024 | RBC Capital | Outperform | Outperform | Hold |
Apr 25, 2024 | Wedbush | - | Neutral | Downgrade |
Apr 17, 2024 | RBC Capital | Buy | Buy | Hold |
First Industrial Realty Trust Financial Forecast
First Industrial Realty Trust Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $157.28M | $155.10M | $152.22M | $149.42M | $144.61M | $139.75M | $130.05M | $125.51M | $121.55M | $121.08M | $117.40M | $116.26M | $112.29M | $116.19M | $109.20M | $110.34M | $110.76M | $106.59M |
Avg Forecast | $196.20M | $194.71M | $190.52M | $190.32M | $183.34M | $180.15M | $175.54M | $175.21M | $166.68M | $164.01M | $163.48M | $161.18M | $156.93M | $153.11M | $149.48M | $143.68M | $135.98M | $129.68M | $127.47M | $123.72M | $121.64M | $118.40M | $115.53M | $113.04M | $109.69M | $108.44M | $108.56M | $110.57M | $108.29M | $106.20M |
High Forecast | $203.27M | $201.73M | $197.39M | $197.18M | $189.95M | $186.64M | $181.87M | $181.52M | $172.69M | $166.53M | $169.38M | $166.99M | $157.70M | $158.63M | $154.87M | $148.86M | $140.88M | $134.35M | $130.74M | $126.89M | $124.76M | $121.44M | $118.50M | $115.94M | $112.50M | $111.22M | $111.35M | $113.41M | $111.07M | $108.93M |
Low Forecast | $192.16M | $190.70M | $186.60M | $186.40M | $179.56M | $176.44M | $171.93M | $171.60M | $163.25M | $161.79M | $160.12M | $157.86M | $156.10M | $149.96M | $146.40M | $140.72M | $133.18M | $127.01M | $125.28M | $121.58M | $119.55M | $116.36M | $113.54M | $111.09M | $107.80M | $106.57M | $106.69M | $108.67M | $106.43M | $104.37M |
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.02% | 1.04% | 1.06% | 1.08% | 1.02% | 1.01% | 1.00% | 1.02% | 1.02% | 1.03% | 1.02% | 1.07% | 1.01% | 1.00% | 1.02% | 1.00% |
First Industrial Realty Trust EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $29.15M | $15.10M | $100.69M | $96.20M | $96.75M | $94.63M | $86.21M | $80.60M | $161.73M | $88.24M | $100.11M | $108.95M | $133.87M | $85.02M | $82.38M | $86.19M | $142.42M | $122.52M |
Avg Forecast | $128.43M | $127.46M | $124.71M | $124.59M | $120.01M | $117.93M | $114.91M | $114.69M | $109.11M | $107.36M | $107.02M | $95.74M | $102.73M | $100.23M | $97.85M | $87.04M | $89.01M | $79.73M | $83.44M | $79.13M | $79.63M | $77.51M | $75.63M | $67.91M | $71.80M | $70.98M | $71.07M | $62.10M | $70.89M | $69.52M |
High Forecast | $133.06M | $132.05M | $129.21M | $129.08M | $124.34M | $122.18M | $119.05M | $118.82M | $113.04M | $109.01M | $110.87M | $114.89M | $103.23M | $103.84M | $101.38M | $104.45M | $92.22M | $95.67M | $85.59M | $94.95M | $81.67M | $79.50M | $77.57M | $81.49M | $73.64M | $72.81M | $72.89M | $74.52M | $72.71M | $71.31M |
Low Forecast | $125.79M | $124.83M | $122.15M | $122.02M | $117.54M | $115.50M | $112.54M | $112.33M | $106.86M | $105.91M | $104.81M | $76.60M | $102.19M | $98.16M | $95.83M | $69.63M | $87.18M | $63.78M | $82.01M | $63.30M | $78.25M | $76.17M | $74.32M | $54.33M | $70.56M | $69.76M | $69.84M | $49.68M | $69.67M | $68.32M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.28% | 0.15% | 1.03% | 1.11% | 1.09% | 1.19% | 1.03% | 1.02% | 2.03% | 1.14% | 1.32% | 1.60% | 1.86% | 1.20% | 1.16% | 1.39% | 2.01% | 1.76% |
First Industrial Realty Trust Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $91.55M | $76.28M | $54.64M | $33.14M | $82.00M | $123.89M | $15.46M | $36.26M | $117.02M | $42.45M | $51.94M | $62.20M | $83.73M | $35.96M | $35.67M | $40.63M | $96.86M | $78.31M |
Avg Forecast | $60.90M | $58.26M | $56.93M | $52.96M | $54.95M | $52.96M | $51.64M | $48.33M | $48.16M | $50.54M | $46.82M | $42.18M | $40.60M | $40.05M | $37.65M | $38.35M | $34.48M | $38.35M | $40.47M | $34.86M | $34.17M | $32.74M | $29.24M | $38.77M | $23.96M | $30.67M | $31.25M | $29.28M | $26.53M | $30.64M |
High Forecast | $63.76M | $60.99M | $59.60M | $55.44M | $57.52M | $55.44M | $54.06M | $50.59M | $50.42M | $52.91M | $49.01M | $50.62M | $41.25M | $41.92M | $39.42M | $46.02M | $36.09M | $46.02M | $41.82M | $41.84M | $35.31M | $33.83M | $30.22M | $46.52M | $24.76M | $31.69M | $32.29M | $35.13M | $27.41M | $31.66M |
Low Forecast | $59.27M | $56.70M | $55.41M | $51.54M | $53.47M | $51.54M | $50.25M | $47.03M | $46.87M | $49.78M | $45.57M | $33.75M | $39.94M | $38.97M | $36.65M | $30.68M | $33.55M | $30.68M | $39.56M | $27.89M | $33.41M | $32.00M | $28.59M | $31.01M | $23.42M | $29.98M | $30.55M | $23.42M | $25.93M | $29.95M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.26% | 1.90% | 1.45% | 0.86% | 2.38% | 3.23% | 0.38% | 1.04% | 3.42% | 1.30% | 1.78% | 1.60% | 3.49% | 1.17% | 1.14% | 1.39% | 3.65% | 2.56% |
First Industrial Realty Trust SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $9.79M | $8.46M | $9.52M | $9.35M | $8.76M | $8.23M | $8.25M | $8.74M | $8.98M | $8.60M | $8.47M | $8.56M | $7.88M | $7.49M | $8.23M | $9.25M | $8.04M | $6.95M |
Avg Forecast | $13.20M | $13.10M | $12.82M | $12.81M | $12.34M | $12.12M | $11.81M | $11.79M | $11.22M | $11.04M | $11.00M | $10.17M | $10.56M | $10.30M | $10.06M | $9.25M | $9.15M | $7.77M | $8.58M | $8.40M | $8.18M | $7.97M | $7.77M | $5.34M | $7.38M | $7.30M | $7.30M | $6.67M | $7.29M | $7.15M |
High Forecast | $13.68M | $13.57M | $13.28M | $13.27M | $12.78M | $12.56M | $12.24M | $12.21M | $11.62M | $11.21M | $11.40M | $12.20M | $10.61M | $10.67M | $10.42M | $11.09M | $9.48M | $9.32M | $8.80M | $10.09M | $8.39M | $8.17M | $7.97M | $6.41M | $7.57M | $7.48M | $7.49M | $8.00M | $7.47M | $7.33M |
Low Forecast | $12.93M | $12.83M | $12.56M | $12.54M | $12.08M | $11.87M | $11.57M | $11.55M | $10.98M | $10.89M | $10.77M | $8.14M | $10.50M | $10.09M | $9.85M | $7.40M | $8.96M | $6.22M | $8.43M | $6.72M | $8.04M | $7.83M | $7.64M | $4.27M | $7.25M | $7.17M | $7.18M | $5.33M | $7.16M | $7.02M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.82% | 0.95% | 1.01% | 0.96% | 1.06% | 0.96% | 1.04% | 1.10% | 1.08% | 1.09% | 1.60% | 1.07% | 1.03% | 1.13% | 1.39% | 1.10% | 0.97% |
First Industrial Realty Trust EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.69 | - | $0.41 | $0.25 | $0.62 | $0.94 | $0.12 | $0.27 | $0.89 | $0.33 | $0.40 | $0.48 | $0.65 | $0.28 | $0.28 | $0.32 | $0.76 | $0.62 |
Avg Forecast | $0.46 | $0.44 | $0.43 | $0.40 | $0.41 | $0.40 | $0.39 | $0.36 | $0.36 | $0.38 | $0.35 | $0.31 | $0.31 | $0.30 | $0.28 | $0.34 | $0.26 | $0.27 | $0.31 | $0.26 | $0.26 | $0.25 | $0.22 | $0.23 | $0.18 | $0.23 | $0.24 | $0.20 | $0.20 | $0.23 |
High Forecast | $0.48 | $0.46 | $0.45 | $0.42 | $0.43 | $0.42 | $0.41 | $0.38 | $0.38 | $0.40 | $0.37 | $0.32 | $0.31 | $0.32 | $0.30 | $0.35 | $0.27 | $0.28 | $0.32 | $0.26 | $0.27 | $0.26 | $0.23 | $0.24 | $0.19 | $0.24 | $0.24 | $0.20 | $0.21 | $0.24 |
Low Forecast | $0.45 | $0.43 | $0.42 | $0.39 | $0.40 | $0.39 | $0.38 | $0.36 | $0.35 | $0.38 | $0.34 | $0.30 | $0.30 | $0.29 | $0.28 | $0.33 | $0.25 | $0.26 | $0.30 | $0.25 | $0.25 | $0.24 | $0.22 | $0.23 | $0.18 | $0.23 | $0.23 | $0.19 | $0.20 | $0.23 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.25% | - | 1.44% | 0.74% | 2.38% | 3.50% | 0.39% | 1.05% | 3.45% | 1.32% | 1.81% | 2.05% | 3.59% | 1.21% | 1.19% | 1.61% | 3.79% | 2.68% |
First Industrial Realty Trust Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
LXP | LXP Industrial Trust | $10.16 | $14.00 | 37.80% | Buy |
COLD | Americold Realty Trust | $29.02 | $32.25 | 11.13% | Buy |
PLYM | Plymouth Industrial REIT | $23.10 | $25.40 | 9.96% | Buy |
FR | First Industrial Realty Trust | $56.34 | $60.22 | 6.89% | Buy |
REXR | Rexford Industrial Realty | $50.59 | $54.00 | 6.74% | Buy |
EGP | EastGroup Properties | $187.50 | $189.60 | 1.12% | Buy |
TRNO | Terreno Realty | $69.53 | $66.40 | -4.50% | Buy |
FR Forecast FAQ
Is First Industrial Realty Trust a good buy?
Yes, according to 11 Wall Street analysts, First Industrial Realty Trust (FR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 54.55% of FR's total ratings.
What is FR's price target?
First Industrial Realty Trust (FR) average price target is $60.22 with a range of $54 to $71, implying a 6.89% from its last price of $56.34. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will First Industrial Realty Trust stock go up soon?
According to Wall Street analysts' prediction for FR stock, the company can go up by 6.89% (from the last price of $56.34 to the average price target of $60.22), up by 26.02% based on the highest stock price target, and down by -4.15% based on the lowest stock price target.
Can First Industrial Realty Trust stock reach $80?
FR's average twelve months analyst stock price target of $60.22 does not support the claim that First Industrial Realty Trust can reach $80 in the near future.
What is First Industrial Realty Trust's current price target trend?
1 Wall Street analyst forecast a $58 price target for First Industrial Realty Trust (FR) this month, up 2.95% from its last price of $56.34. Compared to the last 3 and 12 months, the average price target increased by 7.69% and increased by 6.05%, respectively.
What are First Industrial Realty Trust's analysts' financial forecasts?
First Industrial Realty Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $714.24M (high $739.98M, low $699.53M), average EBITDA is $467.54M (high $484.39M, low $457.91M), average net income is $207.87M (high $217.61M, low $202.3M), average SG&A $48.06M (high $49.79M, low $47.07M), and average EPS is $1.57 (high $1.64, low $1.53). FR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $771.75M (high $799.57M, low $755.86M), average EBITDA is $505.19M (high $523.4M, low $494.78M), average net income is $229.05M (high $239.79M, low $222.92M), average SG&A $51.93M (high $53.8M, low $50.86M), and average EPS is $1.73 (high $1.81, low $1.68).
Did the FR's actual financial results beat the analysts' financial forecasts?
Based on First Industrial Realty Trust's last annual report (Dec 2022), the company's revenue was $539.93M, beating the average analysts forecast of $516.85M by 4.47%. Apple's EBITDA was $358.2M, beating the average prediction of $331.31M by 8.11%. The company's net income was $266.67M, beating the average estimation of $148.16M by 79.98%. Apple's SG&A was $33.97M, beating the average forecast of $33.9M by 0.21%. Lastly, the company's EPS was $2.02, beating the average prediction of $1.09 by 85.16%. In terms of the last quarterly report (Dec 2023), First Industrial Realty Trust's revenue was $157.28M, beating the average analysts' forecast of $156.93M by 0.22%. The company's EBITDA was $29.15M, missing the average prediction of $102.73M by -71.63%. First Industrial Realty Trust's net income was $91.55M, beating the average estimation of $40.6M by 125.50%. The company's SG&A was $9.79M, missing the average forecast of $10.56M by -7.27%. Lastly, the company's EPS was $0.69, beating the average prediction of $0.307 by 125.03%