First Industrial Realty Trust, Inc. (FR)
NYSE: FR · Real-Time Price · USD
60.83
-0.50 (-0.82%)
May 15, 2026, 4:00 PM EDT - Market closed

FR Stock Forecast

Stock Price Forecast

The 11 analysts that cover FR stock have a consensus rating of "Buy" and an average price target of $63.18, which forecasts a 3.86% increase in the stock price over the next year. The lowest target is $57 and the highest is $68.

Price Target: $63.18 (+3.86%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$57$63.18$63$68
Change-6.30%+3.86%+3.57%+11.79%

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy112222
Buy444444
Hold656665
Sell000000
Strong Sell000000
Total111012121211

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Truist Securities
Truist Securities
Strong Buy
Maintains
$66$67
Strong BuyMaintains$66$67+10.14%May 15, 2026
Baird
Baird
Buy
Maintains
$67$68
BuyMaintains$67$68+11.79%Apr 28, 2026
Scotiabank
Scotiabank
Hold
Maintains
$62$63
HoldMaintains$62$63+3.57%Mar 2, 2026
Truist Securities
Truist Securities
Strong Buy
Maintains
$65$66
Strong BuyMaintains$65$66+8.50%Feb 18, 2026
Citigroup
Citigroup
Hold
Maintains
$60$63
HoldMaintains$60$63+3.57%Feb 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
810.27M
from 727.56M
Increased by 11.37%
Revenue Next Year
871.63M
from 810.27M
Increased by 7.57%
EPS This Year
1.89
from 1.87
Increased by 1.03%
EPS Next Year
2.09
from 1.89
Increased by 10.57%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
476.13M654.87M618.20M672.18M727.56M810.27M871.63M
Revenue Growth
6.33%37.54%-5.60%8.73%8.24%11.37%7.57%
EPS
2.092.722.072.171.871.892.09
EPS Growth
36.43%30.20%-23.83%4.83%-13.96%1.03%10.57%
Forward PE
-----32.2529.16
No. Analysts
-----99
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202620272028202920302031
High837.2M915.2M
Avg810.3M871.6M
Low755.3M791.2M

Revenue Growth

Revenue Growth202620272028202920302031
High
15.1%
12.9%
Avg
11.4%
7.6%
Low
3.8%
-2.4%

EPS Forecast

EPS202620272028202920302031
High2.392.66
Avg1.892.09
Low1.451.67

EPS Growth

EPS Growth202620272028202920302031
High
28.2%
40.8%
Avg
1.0%
10.6%
Low
-22.3%
-11.7%
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 sources.