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

  • Consensus Rating: Buy
  • Consensus Price Target: $47.50
  • Forecasted Upside: -13.12 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$54.67
▲ +0.89 (1.65%)

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 $47.50
▼ -13.12% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for First Industrial Realty Trust in the last 3 months. The average price target is $47.50, with a high forecast of $58.00 and a low forecast of $19.50. The average price target represents a -13.12% upside from the last price of $54.67.

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 Buy

The current consensus among 8 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 Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/29/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/26/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/24/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/24/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/23/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/14/2021MizuhoReiterated RatingBuy$54.00Low
6/14/2021Wolfe ResearchInitiated CoveragePeer Perform$54.00Low
6/1/2021Royal Bank of CanadaBoost Price TargetOutperform$51.00 ➝ $58.00Medium
5/25/2021ScotiabankUpgradeSector Underperform ➝ Sector Perform$41.00 ➝ $52.00Medium
4/21/2021MizuhoBoost Price TargetBuy$48.00 ➝ $53.00Low
3/25/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$44.00 ➝ $46.00Low
1/13/2021Jefferies Financial GroupUpgradeHold ➝ Buy$46.00 ➝ $49.00Medium
11/13/2020MizuhoBoost Price TargetBuy$46.00 ➝ $48.00Medium
10/20/2020TD SecuritiesUpgradeBuy$19.50Low
9/29/2020The Goldman Sachs GroupInitiated CoverageSellLow
8/6/2020Raymond JamesReiterated RatingHoldMedium
8/4/2020MizuhoBoost Price TargetMarket Perform ➝ Buy$45.00 ➝ $47.00Low
7/27/2020Jefferies Financial GroupBoost Price TargetHold$40.00 ➝ $41.00High
7/24/2020TD SecuritiesDowngradeHold$16.50 ➝ $19.50Low
7/24/2020Robert W. BairdUpgradeNeutral ➝ OutperformMedium
5/11/2020SunTrust BanksBoost Price TargetBuy$40.00 ➝ $43.00Low
4/29/2020JPMorgan Chase & Co.Lower Price TargetNeutral$44.00 ➝ $40.00Low
4/24/2020Stifel NicolausBoost Price TargetBuy$32.00 ➝ $38.00High
3/27/2020Royal Bank of CanadaInitiated CoverageOutperform$38.00High
1/22/2020BMO Capital MarketsLower Price TargetMarket Perform$12.00 ➝ $10.50Low
5/15/2019The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$38.00Low
2/20/2019MizuhoReiterated RatingBuy$38.00Low
2/20/2019SunTrust BanksReiterated RatingBuy$36.00Low
1/8/2019Raymond JamesDowngradeOutperform ➝ Market PerformMedium
12/19/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ NeutralMedium
12/17/2018BMO Capital MarketsReiterated RatingBuy ➝ Average$8.50Medium
8/7/2018SunTrust BanksSet Price TargetBuy$35.00Low
7/27/2018JPMorgan Chase & Co.Boost Price TargetUnderweight ➝ Underweight$30.00 ➝ $34.00Low
7/17/2018Jefferies Financial GroupDowngradeBuy ➝ HoldHigh
5/7/2018MizuhoUpgradeNeutral ➝ Buy$31.00High
3/26/2018MizuhoInitiated CoverageNeutral$31.00Low
3/2/2018SunTrust BanksSet Price TargetBuy$32.00High
2/27/2018Stifel NicolausLower Price TargetBuy ➝ Buy$34.00 ➝ $32.00Medium
2/23/2018Jefferies Financial GroupReiterated RatingBuy$39.00Low
1/9/2018Robert W. BairdReiterated RatingHold$31.00N/A
12/21/2017Jefferies Financial GroupUpgradeHold ➝ BuyLow
12/15/2017JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$31.00Low
11/24/2017Jefferies Financial GroupReiterated RatingHold$34.00Low
11/10/2017SunTrust BanksReiterated RatingBuy$34.00N/A
11/6/2017Stifel NicolausBoost Price TargetBuy ➝ Buy$33.00 ➝ $34.00N/A
10/27/2017SunTrust BanksReiterated RatingBuy$32.00N/A
10/24/2017KeyCorpReiterated RatingHoldN/A
9/29/2017Janney Montgomery ScottInitiated CoverageBuy ➝ Buy$34.00Low
9/26/2017Jefferies Financial GroupReiterated RatingNeutralHigh
8/25/2017KeyCorpReiterated RatingHoldLow
8/24/2017Jefferies Financial GroupReiterated RatingHold$30.00 ➝ $32.00Low
7/28/2017Stifel NicolausReiterated RatingBuy$33.00Low
7/14/2017Stifel NicolausReiterated RatingBuy$31.50Medium
6/25/2017Jefferies Financial GroupReiterated RatingHold$29.00 ➝ $30.00Low
6/14/2017Stifel NicolausBoost Price TargetBuy$30.00 ➝ $31.50Low
4/24/2017Jefferies Financial GroupReiterated RatingHold$29.00Low
3/22/2017BMO Capital MarketsReiterated RatingHold$28.00Low
3/2/2017Jefferies Financial GroupBoost Price TargetHold$27.00 ➝ $28.00N/A
1/11/2017Robert W. BairdDowngradeOutperform ➝ Neutral$29.00 ➝ $28.00N/A
11/16/2016Jefferies Financial GroupReiterated RatingHoldN/A
8/18/2016Jefferies Financial GroupReiterated RatingHoldN/A
(Data available from 7/23/2016 forward)
First Industrial Realty Trust logo
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.
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Today's Range

Now: $54.67
Low: $53.73
High: $54.88

50 Day Range

MA: $52.56
Low: $49.31
High: $55.00

52 Week Range

Now: $54.67
Low: $38.85
High: $55.41

Volume

1,176,548 shs

Average Volume

1,057,083 shs

Market Capitalization

$7.06 billion

P/E Ratio

30.20

Dividend Yield

2.01%

Beta

0.87

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, Royal Bank of Canada, Scotiabank, TD Securities, The Goldman Sachs Group, Inc., Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for FR.

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

7 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 $47.50, suggesting a possible downside of 12.1%. Royal Bank of Canada has the highest price target set, predicting FR will reach $58.00 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 3 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.