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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 13 Wall Street analysts, predicts a 12-month average price target of $57.67, with a high of $64.00 and a low of $52.00. This represents a 9.18% increase from the last price of $52.82.

$45 $49 $53 $57 $61 $65 High: $64 Avg: $57.67 Low: $52 Last Closed Price: $52.82

FR Stock Rating

First Industrial Realty Trust stock's rating consensus is Hold, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (38.46%), 7 Hold (53.85%), 1 Sell (7.69%), and 0 Strong Sell (0.00%).

Hold
Total 13 1 7 5 0 Strong Sell Sell Hold Buy Strong Buy

FR Forecast vs Benchmarks

TypeNameUpside
StockFirst Industrial Realty Trust9.18%
SectorReal Estate Stocks 14.90%
IndustryIndustrial REIT Stocks 20.53%

Price Target Trends

1M3M12M
# Anlaysts118
Avg Price Target$52.00$52.00$57.88
Last Closing Price$52.82$52.82$52.82
Upside/Downside-1.55%-1.55%9.58%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25368-118
Dec, 243671118
Nov, 243651116
Oct, 244672120
Sep, 244672120
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 14, 2025Omotayo OkusanyaIndustrial Alliance Securities$52.00$49.525.01%-1.55%
Oct 22, 2024David RodgersRobert W. Baird$61.00$54.5511.82%15.49%
Oct 17, 2024Craig MailmanCitigroup$55.00$55.90-1.61%4.13%
Oct 10, 2024Brendan LynchBarclays$56.00$54.183.36%6.02%
Aug 26, 2024Nicholas YulicoScotiabank$58.00$56.412.82%9.81%
Aug 13, 2024Andrew RosivachWolfe Research$64.00$53.9618.61%21.17%
Jul 30, 2024Michael CarrolRBC Capital$60.00$54.2710.56%13.59%
May 06, 2024Michael CarrolRBC Capital$57.00$47.2520.63%7.91%
Dec 16, 2022J.P. Morgan$56.00$49.1214.01%6.02%
Jun 30, 2022Jefferies$55.00$47.4815.84%4.13%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 14, 2025Deutsche BankHoldinitialise
Oct 17, 2024CitigroupNeutralNeutralhold
Oct 10, 2024BarclaysEqual-WeightEqual-Weighthold
Aug 28, 2024Wells FargoEqual-WeightEqual-Weighthold
Aug 12, 2024Wolfe ResearchOutperformupgrade
Aug 07, 2024ScotiabankSector PerformSector Performhold
Jul 30, 2024RBC CapitalOutperformOutperformhold
Jun 04, 2024Exane BNP ParibasOutperforminitialise
May 16, 2024ScotiabankUnderperformUnderperformhold
May 06, 2024RBC CapitalOutperformOutperformhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.53$2.09$2.02$2.08-----
Avg Forecast$1.06$1.46$2.35$1.70$1.99$1.57$1.71$1.81$2.09
High Forecast$1.02$1.41$2.26$1.69$1.98$1.55$1.66$1.73$1.98
Low Forecast$1.10$1.52$2.41$1.70$2.00$1.61$1.78$1.89$2.16
Surprise %44.34%43.15%-14.04%22.35%-----

Revenue Forecast

$400M $520M $640M $760M $880M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$448.03M$476.29M$539.93M$614.03M-----
Avg Forecast$444.63M$476.73M$519.68M$615.00M$664.02M$708.54M$763.06M$837.90M$938.20M
High Forecast$432.18M$463.38M$504.06M$613.09M$659.61M$682.86M$760.71M$832.40M$900.86M
Low Forecast$457.59M$490.63M$530.35M$616.70M$668.75M$725.63M$765.41M$843.40M$963.12M
Surprise %0.76%-0.09%3.90%-0.16%-----

Net Income Forecast

$150M $200M $250M $300M $350M $400M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$195.99M$271.00M$266.67M$274.58M-----
Avg Forecast$210.37M$236.64M$306.98M$274.58M$263.35M$208.52M$227.23M$241.30M$276.59M
High Forecast$168.30M$189.31M$245.58M$219.67M$261.86M$204.53M$219.25M$229.40M$262.28M
Low Forecast$252.45M$283.96M$368.37M$329.50M$264.85M$212.51M$235.41M$249.68M$286.15M
Surprise %-6.84%14.52%-13.13%------

FR Forecast FAQ

Is First Industrial Realty Trust stock a buy?

First Industrial Realty Trust stock has a consensus rating of Hold, based on 13 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 7 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that First Industrial Realty Trust is a neutral investment for most analysts.

What is First Industrial Realty Trust's price target?

First Industrial Realty Trust's price target, set by 13 Wall Street analysts, averages $57.67 over the next 12 months. The price target range spans from $52 at the low end to $64 at the high end, suggesting a potential 9.18% change from the previous close price of $52.82.

How does First Industrial Realty Trust stock forecast compare to the average forecast of its sector, industry, and investment themes?

First Industrial Realty Trust stock forecast shows a 9.18% upside, underperforming the average forecast for the real estate stocks sector (14.90%) and underperforming the industrial reit stocks industry (20.53%).

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

  • January 2025: 16.67% Strong Buy, 33.33% Buy, 44.44% Hold, 0% Sell, 5.56% Strong Sell.
  • December 2024: 16.67% Strong Buy, 33.33% Buy, 38.89% Hold, 5.56% Sell, 5.56% Strong Sell.
  • November 2024: 18.75% Strong Buy, 37.50% Buy, 31.25% Hold, 6.25% Sell, 6.25% 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 is 1.99 for 2024, a -4.33% decrease from the reported $2.08 in 2023. The prediction for 2025 is $1.57, $1.71 for 2026, $1.81 for 2027, and $2.09 for 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 is $664.02M for 2024, a 8.14% increase from the reported $614.03M in 2023. The forecast for 2025 is $708.54M, $763.06M for 2026, $837.9M for 2027, and $938.2M for 2028.

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

For its fiscal year ending in December, First Industrial Realty Trust's average annual net income forecast is $263.35M for 2024, reflecting a -4.09% decrease from the reported $274.58M in 2023. The projection for 2025 is $208.52M, $227.23M for 2026, $241.3M for 2027, and $276.59M for 2028.