First Industrial Realty Trust, Inc. (FR)
NYSE: FR · IEX Real-Time Price · USD
53.40
+0.46 (0.87%)
At close: Jul 19, 2024, 4:00 PM
53.77
+0.37 (0.69%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
FR Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for FR stock have an average target of 53.25, with a low estimate of 42 and a high estimate of 60. The average target predicts a decrease of -0.28% from the current stock price of 53.40.
Analyst Consensus: Buy
* Price targets were last updated on May 16, 2024.
Analyst Ratings
The average analyst rating for FR stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 2 | 3 | 3 | 3 |
| Hold | 2 | 3 | 4 | 5 | 5 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 12 | 11 | 13 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $55 → $50 | Hold | Maintains | $55 → $50 | -6.37% | May 16, 2024 |
| Baird | Baird | Buy Maintains $62 → $56 | Buy | Maintains | $62 → $56 | +4.87% | May 1, 2024 |
| Wedbush | Wedbush | Buy → Hold Downgrades $59 → $49 | Buy → Hold | Downgrades | $59 → $49 | -8.24% | Apr 25, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $59 → $53 | Buy | Maintains | $59 → $53 | -0.75% | Apr 24, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $58 | Strong Buy | Maintains | $58 | +8.61% | Apr 2, 2024 |
Financial Forecast
Revenue This Year
691.24M
from 614.03M
Increased by 12.57%
Revenue Next Year
753.26M
from 691.24M
Increased by 8.97%
EPS This Year
1.66
from 2.07
Decreased by -19.79%
EPS Next Year
1.69
from 1.66
Increased by 1.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 718.1M | 796.0M | 866.3M | 938.9M | 1.1B |
| Avg | 691.2M | 753.3M | 831.4M | 901.9M | 1.0B |
| Low | 648.8M | 675.2M | 763.3M | 828.7M | 984.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.9% | 15.2% | 15.0% | 12.9% | 17.0% |
| Avg | 12.6% | 9.0% | 10.4% | 8.5% | 14.8% |
| Low | 5.7% | -2.3% | 1.3% | -0.3% | 9.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.96 | 1.98 | 1.98 | 2.23 | 2.24 |
| Avg | 1.66 | 1.69 | 1.87 | 2.10 | 2.19 |
| Low | 1.47 | 1.48 | 1.68 | 1.92 | 2.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -5.1% | 19.5% | 17.3% | 19.2% | 6.4% |
| Avg | -19.8% | 1.9% | 10.4% | 12.5% | 4.4% |
| Low | -29.0% | -10.9% | -0.9% | 2.8% | -0.7% |
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.