NYSE:FR - First Industrial Realty Trust Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $42.10
Forecasted Upside: -15.50 %
Number of Analysts: 7
Breakdown:
0 Sell Ratings
2 Hold Ratings
5 Buy Ratings
0 Strong Buy Ratings

^$49.82 As of 05/10/2021 03:15 PM ET

▲ +0.65 (1.32%)

1 month | 3 months | 12 months

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Analyst Price Target for FR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$42.10

▼ -15.50% Downside Potential

This price target is based on 7 analysts offering 12 month price targets for First Industrial Realty Trust in the last 3 months. The average price target is $42.10, with a high forecast of $53.00 and a low forecast of $19.50. The average price target represents a -15.50% upside from the last price of $49.82.

Buy

The current consensus among 7 polled investment analysts is to buy stock in First Industrial Realty Trust. This rating has held steady since April 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
2 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

11/17/2019

0 strong buy ratings
2 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

2/15/2020

0 strong buy ratings
3 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

5/15/2020

0 strong buy ratings
7 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

8/13/2020

0 strong buy ratings
7 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

11/11/2020

0 strong buy ratings
7 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

2/9/2021

0 strong buy ratings
6 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

4/10/2021

0 strong buy ratings
5 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/10/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
4/21/2021	Mizuho	Boost Price Target	Buy	$48.00 ➝ $53.00	Low	i
3/31/2021	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$44.00 ➝ $46.00	Medium	i
3/25/2021	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$44.00 ➝ $46.00	Low	i
1/13/2021	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$46.00 ➝ $49.00	Medium	i
11/13/2020	Mizuho	Boost Price Target	Buy	$46.00 ➝ $48.00	Medium	i
10/20/2020	TD Securities	Upgrade	Buy	$19.50	Low	i
9/29/2020	The Goldman Sachs Group	Initiated Coverage	Sell		Low	i
8/6/2020	Raymond James	Reiterated Rating	Hold		Medium	i
8/4/2020	Mizuho	Boost Price Target	Market Perform ➝ Buy	$45.00 ➝ $47.00	Low	i
7/27/2020	Jefferies Financial Group	Boost Price Target	Hold	$40.00 ➝ $41.00	High	i
7/24/2020	TD Securities	Downgrade	Hold	$16.50 ➝ $19.50	Low	i
7/24/2020	Robert W. Baird	Upgrade	Neutral ➝ Outperform		Medium	i
5/11/2020	SunTrust Banks	Boost Price Target	Buy	$40.00 ➝ $43.00	Low	i
4/29/2020	JPMorgan Chase & Co.	Lower Price Target	Neutral	$44.00 ➝ $40.00	Low	i
4/24/2020	Stifel Nicolaus	Boost Price Target	Buy	$32.00 ➝ $38.00	High	i
3/27/2020	Royal Bank of Canada	Initiated Coverage	Outperform	$38.00	High	i
1/22/2020	BMO Capital Markets	Lower Price Target	Market Perform	$12.00 ➝ $10.50	Low	i
5/15/2019	The Goldman Sachs Group	Initiated Coverage	Buy ➝ Buy	$38.00	Low	i
2/20/2019	Mizuho	Reiterated Rating	Buy	$38.00	Low	i
2/20/2019	SunTrust Banks	Reiterated Rating	Buy	$36.00	Low	i
1/8/2019	Raymond James	Downgrade	Outperform ➝ Market Perform		Medium	i
12/19/2018	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral		Medium	i
12/17/2018	BMO Capital Markets	Reiterated Rating	Buy ➝ Average	$8.50	Medium	i
8/7/2018	SunTrust Banks	Set Price Target	Buy	$35.00	Low	i Rating by Ki Bin Kim at SunTrust Banks, Inc.
7/27/2018	JPMorgan Chase & Co.	Boost Price Target	Underweight ➝ Underweight	$30.00 ➝ $34.00	Low	i
7/17/2018	Jefferies Financial Group	Downgrade	Buy ➝ Hold		High	i
5/7/2018	Mizuho	Upgrade	Neutral ➝ Buy	$31.00	High	i Rating by Richard Anderson at Mizuho
3/26/2018	Mizuho	Initiated Coverage	Neutral	$31.00	Low	i
3/2/2018	SunTrust Banks	Set Price Target	Buy	$32.00	High	i
2/27/2018	Stifel Nicolaus	Lower Price Target	Buy ➝ Buy	$34.00 ➝ $32.00	Medium	i
2/23/2018	Jefferies Financial Group	Reiterated Rating	Buy	$39.00	Low	i
1/9/2018	Robert W. Baird	Reiterated Rating	Hold	$31.00	N/A	i
12/21/2017	Jefferies Financial Group	Upgrade	Hold ➝ Buy		Low	i
12/15/2017	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$31.00	Low	i
11/24/2017	Jefferies Financial Group	Reiterated Rating	Hold	$34.00	Low	i
11/10/2017	SunTrust Banks	Reiterated Rating	Buy	$34.00	N/A	i
11/6/2017	Stifel Nicolaus	Boost Price Target	Buy ➝ Buy	$33.00 ➝ $34.00	N/A	i
10/27/2017	SunTrust Banks	Reiterated Rating	Buy	$32.00	N/A	i
10/24/2017	KeyCorp	Reiterated Rating	Hold		N/A	i
9/29/2017	Janney Montgomery Scott	Initiated Coverage	Buy ➝ Buy	$34.00	Low	i
9/26/2017	Jefferies Financial Group	Reiterated Rating	Neutral		High	i
8/25/2017	KeyCorp	Reiterated Rating	Hold		Low	i
8/24/2017	Jefferies Financial Group	Reiterated Rating	Hold	$30.00 ➝ $32.00	Low	i
7/28/2017	Stifel Nicolaus	Reiterated Rating	Buy	$33.00	Low	i
7/14/2017	Stifel Nicolaus	Reiterated Rating	Buy	$31.50	Medium	i
6/25/2017	Jefferies Financial Group	Reiterated Rating	Hold	$29.00 ➝ $30.00	Low	i
6/14/2017	Stifel Nicolaus	Boost Price Target	Buy	$30.00 ➝ $31.50	Low	i
4/24/2017	Jefferies Financial Group	Reiterated Rating	Hold	$29.00	Low	i
3/22/2017	BMO Capital Markets	Reiterated Rating	Hold	$28.00	Low	i
3/2/2017	Jefferies Financial Group	Boost Price Target	Hold	$27.00 ➝ $28.00	N/A	i
1/11/2017	Robert W. Baird	Downgrade	Outperform ➝ Neutral	$29.00 ➝ $28.00	N/A	i
11/16/2016	Jefferies Financial Group	Reiterated Rating	Hold		N/A	i Rating by Jonathan Petersen at Jefferies Financial Group Inc.
8/18/2016	Jefferies Financial Group	Reiterated Rating	Hold		N/A	i Rating by Jonathan Petersen at Jefferies Financial Group Inc.
6/1/2016	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$26.00	N/A	i Rating by Jonathan Petersen at Jefferies Financial Group Inc.

(Data available from 5/10/2016 forward)

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.

Today's Range

Now: $49.82

$49.38

$50.28

50 Day Range

MA: $47.66

$45.34

$49.92

52 Week Range

Now: $49.82

$31.65

$50.35

Volume

9,741 shs

Average Volume

987,423 shs

Market Capitalization

$6.43 billion

P/E Ratio

30.38

Dividend Yield

2.20%

Beta

0.84

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: Jefferies Financial Group Inc., Mizuho, Raymond James, Robert W. Baird, SunTrust Banks, Inc., TD Securities, The Goldman Sachs Group, Inc., and Zacks Investment Research.
View the latest analyst ratings for FR.

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

5 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 $42.10, suggesting a possible downside of 15.5%. Mizuho has the highest price target set, predicting FR will reach $53.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of $19.50 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 2 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FR will outperform the market and that investors should add to their positions of First Industrial Realty Trust.
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 Prologis, EastGroup Properties, STAG Industrial, Terreno Realty and Monmouth Real Estate Investment.

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.