First Industrial Realty Trust, Inc. (FR)
NYSE: FR · Real-Time Price · USD
50.73
+1.13 (2.28%)
Dec 20, 2024, 4:00 PM EST - Market closed
FR Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for FR stock have an average target of 57.91, with a low estimate of 49 and a high estimate of 64. The average target predicts an increase of 14.15% from the current stock price of 50.73.
Analyst Consensus: Buy
* Price targets were last updated on Nov 18, 2024.
Analyst Ratings
The average analyst rating for FR stock from 11 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 1 |
| Buy | 3 | 4 | 5 | 5 | 5 | 5 |
| Hold | 3 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 13 | 13 | 13 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $56 → $55 | Hold | Maintains | $56 → $55 | +8.42% | Nov 18, 2024 |
| Barclays | Barclays | Hold Maintains $52 → $56 | Hold | Maintains | $52 → $56 | +10.39% | Oct 10, 2024 |
| Mizuho | Mizuho | Buy Maintains $58 → $62 | Buy | Maintains | $58 → $62 | +22.22% | Sep 5, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $50 → $61 | Hold | Maintains | $50 → $61 | +20.24% | Aug 28, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $55 → $58 | Hold | Maintains | $55 → $58 | +14.33% | Aug 26, 2024 |
Financial Forecast
Revenue This Year
685.47M
Revenue Next Year
736.67M
from 685.47M
Increased by 7.47%
EPS This Year
2.05
from 2.07
Decreased by -0.86%
EPS Next Year
1.64
from 2.05
Decreased by -20.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 702.5M | 765.6M | 853.5M | |||
| Avg | 685.5M | 736.7M | 794.2M | |||
| Low | 645.8M | 664.4M | 693.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 11.7% | 15.9% | |||
| Avg | - | 7.5% | 7.8% | |||
| Low | - | -3.1% | -5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.13 | 2.03 | 1.90 | |||
| Avg | 2.05 | 1.64 | 1.77 | |||
| Low | 1.90 | 1.41 | 1.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.0% | -1.3% | 16.2% | |||
| Avg | -0.9% | -20.3% | 8.2% | |||
| Low | -8.2% | -31.2% | -0.5% |
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.