First Industrial Realty Trust, Inc.

$55.19- (-)1Y −0.77%

As of Oct 26, 2026 close

Market cap: $7.32B
P/E (TTM): 20.10
Forward P/E: 14.97
Dividend yield: 3.52%
52-week range: $54.23$69.88
Volume (live): -
Avg. volume (3M): 1.54M

First Industrial Realty Trust, Inc. (FR) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for First Industrial Realty Trust, Inc. stock.

Analyst Consensus Rating

Investment consensus from 7 professional research analysts

Consensus Rating

Hold

Based on 7 unique analysts

Medium Confidence∞:1 Buy/Sell

Average Price Target

$68.14

+23.51% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest FR Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 23, 2026	Caitlin Burrows	Goldman Sachs	Maintains	Hold	$72.00 → $62.00 −10.00 (−13.9%)
Oct 22, 2026	Nicholas Yulico	Scotiabank	Maintains	Hold	$66.00
Oct 22, 2026	Brendan Lynch	Barclays	Maintains	Hold	$69.00
Oct 14, 2026	Blaine Heck	Wells Fargo	Reiterates	Hold	$66.00
Sep 1, 2026	James Feldman	Wells Fargo	Reiterates	Hold	$61.00 → $66.00 +5.00 (+8.2%)
Aug 6, 2026	Jonathan Petersen	Jefferies	Maintains	Buy	$73.00
Jul 31, 2026	Michael Carroll	RBC Capital	Reiterates	Buy	$68.00 → $75.00 +7.00 (+10.3%)

Caitlin Burrows

Goldman Sachs

HoldMaintains

$72.00 → $62.00

Oct 23

Nicholas Yulico

Scotiabank

HoldMaintains

$66.00

Oct 22

Brendan Lynch

Barclays

HoldMaintains

$69.00

Oct 22

Blaine Heck

Wells Fargo

HoldReiterates

$66.00

Oct 14

James Feldman

Wells Fargo

HoldReiterates

$61.00 → $66.00

Sep 1

Jonathan Petersen

Jefferies

BuyMaintains

$73.00

Aug 6

Michael Carroll

RBC Capital

BuyReiterates

$68.00 → $75.00

Jul 31

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 23, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for FR?

The analyst consensus rating for FR is Hold, based on the latest ratings from 7 analysts over the last 90 days.

What is the average price target for FR?

The average 12-month price target for FR is $68.14, representing an upside of 23.5% from the Oct 27, 2026 close of $55.17.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.