First Industrial Realty Trust, Inc. (FR)

FR Stock Forecast

Stock Price Forecast

The 10 analysts that cover FR stock have a consensus rating of "Buy" and an average price target of $59.6, which forecasts a 2.25% increase in the stock price over the next year. The lowest target is $52 and the highest is $65.

Price Target: $59.6 (+2.25%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$52	$59.6	$61	$65
Change	-10.79%	+2.25%	+4.65%	+11.51%

Analyst Ratings

The average analyst rating for FR stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	1	1	1	1	1	1
Buy	4	4	4	4	4	4
Hold	5	6	6	6	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	11	11	11	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ki Bin Kim Truist Securities	Truist Securities	Strong Buy Maintains $60 → $65	Strong Buy	Maintains	$60 → $65	+11.51%	Jan 20, 2026
Nicholas Yulico Scotiabank	Scotiabank	Hold Maintains $57 → $62	Hold	Maintains	$57 → $62	+6.36%	Jan 14, 2026
Vikram Malhorta Mizuho	Mizuho	Buy Maintains $56 → $62	Buy	Maintains	$56 → $62	+6.36%	Dec 4, 2025
Nicholas Yulico Scotiabank	Scotiabank	Hold Maintains $54 → $57	Hold	Maintains	$54 → $57	-2.21%	Nov 10, 2025
Blaine Heck Wells Fargo	Wells Fargo	Hold Maintains $53 → $57	Hold	Maintains	$53 → $57	-2.21%	Oct 27, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

748.56M

Increased by 11.36%

from 672.18M

Revenue Next Year

804.09M

Increased by 7.42%

from 748.56M

EPS This Year

1.73

Decreased by -20.50%

from 2.17

EPS Next Year

1.84

Increased by 6.67%

from 1.73

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	447.79M	476.13M	654.87M	618.20M	672.18M	748.56M	804.09M
Revenue Growth	5.24%	6.33%	37.54%	-5.60%	8.73%	11.36%	7.42%
EPS	1.53	2.09	2.72	2.07	2.17	1.73	1.84
EPS Growth	-18.62%	36.43%	30.20%	-23.83%	4.83%	-20.50%	6.67%
Forward PE	-	-	-	-	-	33.79	31.67
No. Analysts	-	-	-	-	-	10	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	770.2M	850.0M
Avg	748.6M	804.1M
Low	707.6M	742.8M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	14.6%	13.5%
Avg	11.4%	7.4%
Low	5.3%	-0.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	1.79	2.19
Avg	1.73	1.84
Low	1.61	1.66

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	-17.7%	27.2%
Avg	-20.5%	6.7%
Low	-25.9%	-4.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.