First Industrial Realty Trust, Inc. (FR)
NYSE: FR · IEX Real-Time Price · USD
46.03
-0.44 (-0.95%)
At close: Apr 24, 2024, 4:00 PM
45.84
-0.19 (-0.41%)
Pre-market: Apr 25, 2024, 5:22 AM EDT
FR Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for FR stock have an average target of 53.45, with a low estimate of 42 and a high estimate of 60. The average target predicts an increase of 16.12% from the current stock price of 46.03.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 3 | 4 | 4 | 2 |
| Hold | 2 | 2 | 2 | 2 | 3 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 10 | 10 | 11 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy → Hold Downgrades $59 → $49 | Buy → Hold | Downgrades | $59 → $49 | +6.45% | Apr 25, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $59 → $53 | Buy | Maintains | $59 → $53 | +15.14% | Apr 24, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $58 | Strong Buy | Maintains | $58 | +26.00% | Apr 2, 2024 |
| Barclays | Barclays | Buy → Hold Downgrades $63 → $53 | Buy → Hold | Downgrades | $63 → $53 | +15.14% | Mar 27, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $51 → $59 | Buy | Maintains | $51 → $59 | +28.18% | Feb 20, 2024 |
Financial Forecast
Revenue This Year
690.29M
from 614.03M
Increased by 12.42%
Revenue Next Year
754.05M
from 690.29M
Increased by 9.24%
EPS This Year
1.46
from 2.07
Decreased by -29.44%
EPS Next Year
1.73
from 1.46
Increased by 18.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 729.5M | 815.1M | 880.0M | 915.9M | 1.0B |
| Avg | 690.3M | 754.1M | 847.1M | 898.5M | 989.0M |
| Low | 630.1M | 653.7M | 781.8M | 854.9M | 941.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.8% | 18.1% | 16.7% | 8.1% | 12.2% |
| Avg | 12.4% | 9.2% | 12.3% | 6.1% | 10.1% |
| Low | 2.6% | -5.3% | 3.7% | 0.9% | 4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.79 | 2.07 | 1.94 | 2.01 | 2.21 |
| Avg | 1.46 | 1.73 | 1.87 | 1.97 | 2.16 |
| Low | 1.28 | 1.54 | 1.71 | 1.87 | 2.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -13.8% | 41.6% | 12.3% | 7.4% | 12.1% |
| Avg | -29.4% | 18.5% | 7.9% | 5.3% | 9.9% |
| Low | -38.0% | 5.3% | -1.5% | 0.2% | 4.6% |
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.