First Industrial Realty Trust, Inc. (FR) Stock Forecast
Data as of May 2, 2026Real Estate · Current price $61.98 (-0.06%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 9, 2026 | Michael Carrol | RBC Capital | $66.00 | +6.5% |
| Jan 14, 2026 | Nicholas Yulico | Scotiabank | $62.00 | +0.0% |
| Nov 10, 2025 | Nicholas Yulico | Scotiabank | $57.00 | -8.0% |
| Oct 21, 2025 | Caitlin Burrows | Goldman Sachs | $59.00 | -4.8% |
| Aug 27, 2025 | Nicholas Yulico | Scotiabank | $54.00 | -12.9% |
| Jan 14, 2025 | Omotayo Okusanya | Industrial Alliance Securities | $52.00 | -16.1% |
| Oct 22, 2024 | David Rodgers | Robert W. Baird | $61.00 | -1.6% |
| Oct 17, 2024 | Craig Mailman | Citigroup | $55.00 | -11.3% |
| Oct 10, 2024 | Brendan Lynch | Barclays | $56.00 | -9.6% |
| Aug 26, 2024 | Nicholas Yulico | Scotiabank | $58.00 | -6.4% |
| Aug 13, 2024 | Andrew Rosivach | Wolfe Research | $64.00 | +3.3% |
| Jul 30, 2024 | Michael Carrol | RBC Capital | $60.00 | -3.2% |
| May 6, 2024 | Michael Carrol | RBC Capital | $57.00 | -8.0% |
| Jul 15, 2021 | Jonathan Petersen | Jefferies | $61.00 | -1.6% |
| May 25, 2021 | Nicholas Yulico | Scotiabank | $52.00 | -16.1% |
| May 20, 2021 | Caitlin Burrows | Goldman Sachs | $51.00 | -17.7% |
| Apr 26, 2021 | Omotayo Okusanya | Credit Suisse | $54.00 | -12.9% |
Top Analysts Covering FR
FR vs Sector & Market
| Metric | FR | Real Estate Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.50 | 2.59 | 2.41 |
| Analyst Count | 10 | 8 | 18 |
| Target Upside | +4.9% | +42.4% | +14.9% |
| P/E Ratio | 41.32 | 25.62 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $750M | $753M | $755M | 6 |
| 2027-03-31 | $203M | $205M | $208M | 2 |
| 2027-06-30 | $204M | $207M | $210M | 2 |
| 2027-09-30 | $207M | $210M | $213M | 2 |
| 2027-12-31 | $213M | $216M | $219M | 2 |
| 2028-03-31 | $217M | $220M | $223M | 1 |
| 2028-06-30 | $230M | $233M | $236M | 1 |
| 2028-09-30 | $223M | $226M | $229M | 1 |
| 2028-12-31 | $226M | $229M | $232M | 1 |
| 2029-12-31 | $919M | $939M | $956M | 3 |
| 2030-12-31 | $1.07B | $1.09B | $1.11B | 3 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $1.64 | $1.65 | $1.65 | 4 |
| 2027-03-31 | $0.39 | $0.40 | $0.41 | 1 |
| 2027-06-30 | $0.47 | $0.48 | $0.49 | 1 |
| 2027-09-30 | $0.48 | $0.49 | $0.50 | 1 |
| 2027-12-31 | $0.49 | $0.50 | $0.51 | 1 |
| 2028-03-31 | $0.00 | $0.00 | $0.00 | 1 |
| 2028-06-30 | $0.00 | $0.00 | $0.00 | 1 |
| 2028-09-30 | $0.00 | $0.00 | $0.00 | 1 |
| 2028-12-31 | $0.00 | $0.00 | $0.00 | 1 |
| 2029-12-31 | $1.96 | $2.02 | $2.06 | 1 |
| 2030-12-31 | $2.28 | $2.34 | $2.40 | 1 |
Frequently Asked Questions
What is the analyst consensus for FR?
The consensus among 10 analysts covering First Industrial Realty Trust, Inc. (FR) is Buy with an average price target of $63.89.
What is the highest price target for FR?
The highest price target for FR is $66.00, set by Michael Carrol at RBC Capital on 2026-02-09.
What is the lowest price target for FR?
The lowest price target for FR is $51.00, set by Caitlin Burrows at Goldman Sachs on 2021-05-20.
How many analysts cover FR?
10 analysts have issued ratings for First Industrial Realty Trust, Inc. in the past 12 months.
Is FR a buy or sell right now?
Based on 10 analyst ratings, FR has a consensus rating of Buy (2.50/5) with a +4.9% upside to the consensus target of $63.89.
What are the earnings estimates for FR?
Analysts estimate FR will report EPS of $1.65 for the period ending 2026-12-31, with revenue estimated at $753M.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.