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First Industrial Realty Trust - FR Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $57.83
  • Forecasted Upside: 14.00%
  • Number of Analysts: 13
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$50.73 As of 12/20/2024 06:31 PM ET
▲ +1.13 (2.28%)

This chart shows the closing price for FR by one month, three months, or twelve months.

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Analyst Price Target for FR

Analyst Price Target is $57.83
▲ +14.00% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for First Industrial Realty Trust in the last 3 months. The average price target is $57.83, with a high forecast of $64.00 and a low forecast of $49.00. The average price target represents a 14.00% upside from the last price of $50.73.

This chart shows the closing price for FR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 13 investment analysts is to hold stock in First Industrial Realty Trust. This rating changed within the last month from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 2 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/17/2024KeyCorpUpgradeUnderweight ➝ Sector Weight
11/18/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$56.00 ➝ $55.00
10/10/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$52.00 ➝ $56.00
9/5/2024MizuhoBoost TargetOutperform ➝ Outperform$58.00 ➝ $62.00
8/28/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$50.00 ➝ $61.00
8/26/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$55.00 ➝ $58.00
8/13/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform$64.00
8/7/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$50.00 ➝ $55.00
8/5/2024Truist FinancialBoost TargetBuy ➝ Buy$54.00 ➝ $60.00
7/31/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$53.00 ➝ $60.00
7/30/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$57.00 ➝ $60.00
7/26/2024The Goldman Sachs GroupBoost TargetSell ➝ Sell$46.00 ➝ $52.00
6/4/2024BNP ParibasInitiated CoverageOutperform$57.00
5/16/2024ScotiabankLower TargetSector Perform ➝ Sector Perform$55.00 ➝ $50.00
5/1/2024Robert W. BairdLower TargetOutperform ➝ Outperform$62.00 ➝ $56.00
4/25/2024WedbushDowngradeOutperform ➝ Neutral$59.00 ➝ $49.00
4/24/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$59.00 ➝ $53.00
4/2/2024MizuhoReiterated RatingBuy ➝ Buy$58.00
3/27/2024BarclaysReiterated RatingOverweight ➝ Equal Weight$63.00 ➝ $53.00
2/20/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$51.00 ➝ $59.00
2/20/2024Truist FinancialBoost TargetBuy ➝ Buy$57.00 ➝ $59.00
2/16/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$55.00 ➝ $60.00
1/11/2024The Goldman Sachs GroupBoost TargetSell ➝ Sell$41.00 ➝ $47.00
1/10/2024MizuhoBoost TargetBuy ➝ Buy$55.00 ➝ $58.00
12/7/2023Wells Fargo & CompanyInitiated CoverageEqual Weight
12/5/2023MizuhoUpgradeNeutral ➝ Buy$55.00
10/24/2023Truist FinancialLower TargetBuy ➝ Buy$60.00 ➝ $48.00
10/24/2023The Goldman Sachs GroupLower TargetSell ➝ Sell$47.00 ➝ $41.00
10/11/2023KeyCorpDowngradeSector Weight ➝ Underweight$42.00
10/3/2023WedbushInitiated CoverageOutperform$55.00
9/14/2023BMO Capital MarketsReiterated RatingMarket Perform
7/19/2023CitigroupInitiated CoverageNeutral$57.00
4/24/2023Robert W. BairdBoost Target$60.00 ➝ $63.00
3/21/2023The Goldman Sachs GroupInitiated CoverageSell$48.00
2/23/2023Royal Bank of CanadaReiterated RatingOutperform$65.00
2/21/2023Truist FinancialBoost TargetBuy$55.00 ➝ $60.00
12/16/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$53.00 ➝ $56.00
11/3/2022JPMorgan Chase & Co.Lower TargetNeutral$60.00 ➝ $53.00
10/13/2022BarclaysLower TargetOverweight$71.00 ➝ $63.00
7/22/2022Robert W. BairdBoost Target$69.00 ➝ $75.00
6/30/2022Jefferies Financial GroupLower TargetBuy$62.00 ➝ $55.00
6/16/2022The Goldman Sachs GroupLower TargetNeutral$70.00 ➝ $61.00
5/17/2022MizuhoLower TargetNA$64.00 ➝ $55.00
5/16/2022Truist FinancialLower Target$66.00 ➝ $63.00
1/13/2022MizuhoDowngradeBuy ➝ Neutral$54.00 ➝ $64.00
12/7/2021TD SecuritiesUpgradeBuy$19.50 ➝ $18.00
12/3/2021BMO Capital MarketsLower TargetMarket Perform$13.75 ➝ $13.25
11/8/2021Royal Bank of CanadaBoost TargetOutperform$63.00 ➝ $72.00
10/25/2021Truist FinancialBoost TargetBuy$58.00 ➝ $64.00
10/20/2021Berenberg BankInitiated CoverageBuy$66.00
9/1/2021BarclaysInitiated CoverageOverweight$65.00
8/3/2021Royal Bank of CanadaBoost TargetOutperform$58.00 ➝ $63.00
7/31/2021Truist FinancialBoost TargetBuy$52.00 ➝ $58.00
7/30/2021Truist FinancialBoost TargetBuy$52.00 ➝ $58.00
7/14/2021MizuhoReiterated RatingBuy$54.00
6/14/2021Wolfe ResearchInitiated CoveragePeer Perform$54.00
6/1/2021Royal Bank of CanadaBoost TargetOutperform$51.00 ➝ $58.00
5/25/2021ScotiabankUpgradeSector Underperform ➝ Sector Perform$41.00 ➝ $52.00
4/21/2021MizuhoBoost TargetBuy$48.00 ➝ $53.00
3/25/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$44.00 ➝ $46.00
1/13/2021Jefferies Financial GroupUpgradeHold ➝ Buy$46.00 ➝ $49.00
11/13/2020MizuhoBoost TargetBuy$46.00 ➝ $48.00
10/20/2020TD SecuritiesUpgradeBuy$19.50
9/29/2020The Goldman Sachs GroupInitiated CoverageSell
8/6/2020Raymond JamesReiterated RatingHold
8/4/2020MizuhoBoost TargetMarket Perform ➝ Buy$45.00 ➝ $47.00
7/27/2020Jefferies Financial GroupBoost TargetHold$40.00 ➝ $41.00
7/24/2020TD SecuritiesDowngradeHold$16.50 ➝ $19.50
7/24/2020Robert W. BairdUpgradeNeutral ➝ Outperform
5/11/2020SunTrust BanksBoost TargetBuy$40.00 ➝ $43.00
4/29/2020JPMorgan Chase & Co.Lower TargetNeutral$44.00 ➝ $40.00
4/24/2020Stifel NicolausBoost TargetBuy$32.00 ➝ $38.00
3/27/2020Royal Bank of CanadaInitiated CoverageOutperform$38.00
1/22/2020BMO Capital MarketsLower TargetMarket Perform$12.00 ➝ $10.50
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.83 (Strong Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 18 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 20 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 19 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 19 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 22 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 23 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 17 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 43 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 43 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.

Very Positive

First Industrial Realty Trust logo
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. Our portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets. In total, we own and have under development approximately 68.5 million square feet of industrial space as of December 31, 2023.
Read More

Today's Range

Now: $50.73
Low: $49.81
High: $51.03

50 Day Range

MA: $53.13
Low: $49.60
High: $55.91

52 Week Range

Now: $50.73
Low: $45.10
High: $57.35

Volume

2,773,732 shs

Average Volume

1,080,176 shs

Market Capitalization

$6.71 billion

P/E Ratio

21.77

Dividend Yield

2.82%

Beta

1.07

Frequently Asked Questions

What sell-side analysts currently cover shares of First Industrial Realty Trust?

The following Wall Street analysts have issued reports on First Industrial Realty Trust in the last year: Barclays PLC, BNP Paribas, JPMorgan Chase & Co., KeyCorp, Mizuho, Robert W. Baird, Royal Bank of Canada, Scotiabank, The Goldman Sachs Group, Inc., TheStreet, Truist Financial Co., Wedbush, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for FR.

What is the current price target for First Industrial Realty Trust?

0 Wall Street analysts have set twelve-month price targets for First Industrial Realty Trust in the last year. Their average twelve-month price target is $57.83, suggesting a possible upside of 14.0%. Wolfe Research has the highest price target set, predicting FR will reach $64.00 in the next twelve months. Wedbush has the lowest price target set, forecasting a price of $49.00 for First Industrial Realty Trust in the next year.
View the latest price targets for FR.

What is the current consensus analyst rating for First Industrial Realty Trust?

First Industrial Realty Trust currently has 1 sell rating, 5 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FR, but not buy more shares or sell existing shares.
View the latest ratings for FR.

What other companies compete with First Industrial Realty Trust?

Other companies that are similar to First Industrial Realty Trust include EastGroup Properties, STAG Industrial, Terreno Realty, Prologis and Ventas. Learn More about companies similar to First Industrial Realty Trust.

How do I contact First Industrial Realty Trust's investor relations team?

First Industrial Realty Trust's physical mailing address is 1 N. Wacker Drive Suite 4200, CHICAGO IL, 60606. The real estate investment trust's listed phone number is (312) 344-4300 and its investor relations email address is [email protected]. The official website for First Industrial Realty Trust is www.firstindustrial.com. Learn More about contacing First Industrial Realty Trust investor relations.