NYSE: FR
First Industrial Realty Trust Inc Stock Forecast, Predictions & Price Target

Analyst price target for FR

Based on 9 analysts offering 12 month price targets for First Industrial Realty Trust Inc

Min Forecast
$52.00+0.85%
Avg Forecast
$59.11+14.65%
Max Forecast
$64.00+24.13%

Should I buy or sell FR stock?

Based on 9 analysts offering ratings for First Industrial Realty Trust Inc.

Buy
Strong Buy
2 analysts 22.22%
Buy
3 analysts 33.33%
Hold
3 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 11.11%
Although FR's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates FR as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

Be the first to know when Wall Street analysts revise their FR stock forecasts and price targets.

FR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-18
lockedlocked$00.00+00.00%2024-09-05
lockedlocked$00.00+00.00%2024-08-28
lockedlocked$00.00+00.00%2024-08-26
lockedlocked$00.00+00.00%2024-08-13
Truist Securities
Top 12%
89
Strong BuyMaintains$60.00+16.37%2024-08-05
JP Morgan
Bottom 4%
4
Strong BuyMaintains$60.00+16.37%2024-07-31
RBC Capital
Top 30%
71
BuyMaintains$60.00+16.37%2024-07-30
Goldman Sachs
Bottom 2%
2
Strong SellMaintains$52.00+0.85%2024-07-26

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Forecast return on equity

Is FR forecast to generate an efficient return?

Company
17.12%
Industry
18.54%
Market
70.65%
FR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is FR forecast to generate an efficient return on assets?

Company
8.67%
Industry
9.4%
FR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

FR earnings per share forecast

What is FR's earnings per share in the next 3 years based on estimates from 5 analysts?

Avg 1 year Forecast
$2.63+12.56%
Avg 2 year Forecast
$2.87+22.72%
Avg 3 year Forecast
$3.11+32.69%
FR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FR revenue forecast

What is FR's revenue in the next 3 years based on estimates from 4 analysts?

Avg 1 year Forecast
$663.6M+1.89%
Avg 2 year Forecast
$704.5M+8.16%
Avg 3 year Forecast
$744.3M+14.28%
FR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FR earnings growth forecast

How is FR forecast to perform vs REIT - Industrial companies and vs the US market?

Company
9.9%
Industry
25.99%
Market
17.31%
FR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FR revenue growth forecast

How is FR forecast to perform vs REIT - Industrial companies and vs the US market?

Company
4.56%
Industry
3.75%
Market
8.88%
FR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FR vs Industrial REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
FR$51.56$59.11+14.65%Buy
COLD$23.13$29.50+27.54%Buy
STAG$35.79$41.75+16.65%Buy
TRNO$59.37$68.67+15.66%Hold
EGP$168.00$195.78+16.53%Buy

First Industrial Realty Trust Stock Forecast FAQ

Is First Industrial Realty Trust Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: FR) stock is to Buy FR stock.

Out of 9 analysts, 2 (22.22%) are recommending FR as a Strong Buy, 3 (33.33%) are recommending FR as a Buy, 3 (33.33%) are recommending FR as a Hold, 0 (0%) are recommending FR as a Sell, and 1 (11.11%) are recommending FR as a Strong Sell.

If you're new to stock investing, here's how to buy First Industrial Realty Trust stock.

What is FR's earnings growth forecast for 2024-2026?

(NYSE: FR) First Industrial Realty Trust's forecast annual earnings growth rate of 9.9% is not forecast to beat the US REIT - Industrial industry's average forecast earnings growth rate of 25.99%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.31%.

First Industrial Realty Trust's earnings in 2024 is $308,334,000.On average, 5 Wall Street analysts forecast FR's earnings for 2024 to be $348,605,949, with the lowest FR earnings forecast at $346,753,070, and the highest FR earnings forecast at $350,723,525. On average, 6 Wall Street analysts forecast FR's earnings for 2025 to be $380,065,187, with the lowest FR earnings forecast at $374,546,255, and the highest FR earnings forecast at $387,781,105.

In 2026, FR is forecast to generate $410,942,093 in earnings, with the lowest earnings forecast at $402,339,440 and the highest earnings forecast at $424,838,685.

What is FR's revenue growth forecast for 2024-2026?

(NYSE: FR) First Industrial Realty Trust's forecast annual revenue growth rate of 4.56% is forecast to beat the US REIT - Industrial industry's average forecast revenue growth rate of 3.75%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.88%.

First Industrial Realty Trust's revenue in 2024 is $651,329,000.On average, 4 Wall Street analysts forecast FR's revenue for 2024 to be $87,829,111,570, with the lowest FR revenue forecast at $87,265,306,960, and the highest FR revenue forecast at $88,474,972,250. On average, 4 Wall Street analysts forecast FR's revenue for 2025 to be $93,236,871,280, with the lowest FR revenue forecast at $89,691,254,965, and the highest FR revenue forecast at $96,496,614,835.

In 2026, FR is forecast to generate $98,510,959,005 in revenue, with the lowest revenue forecast at $93,684,209,210 and the highest revenue forecast at $103,337,708,800.

What is FR's forecast return on assets (ROA) for 2024-2027?

(NYSE: FR) forecast ROA is 8.67%, which is lower than the forecast US REIT - Industrial industry average of 9.4%.

What is FR's Price Target?

According to 9 Wall Street analysts that have issued a 1 year FR price target, the average FR price target is $59.11, with the highest FR stock price forecast at $64.00 and the lowest FR stock price forecast at $52.00.

On average, Wall Street analysts predict that First Industrial Realty Trust's share price could reach $59.11 by Nov 18, 2025. The average First Industrial Realty Trust stock price prediction forecasts a potential upside of 14.65% from the current FR share price of $51.56.

What is FR's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: FR) First Industrial Realty Trust's current Earnings Per Share (EPS) is $2.34. On average, analysts forecast that FR's EPS will be $2.63 for 2024, with the lowest EPS forecast at $2.62, and the highest EPS forecast at $2.65. On average, analysts forecast that FR's EPS will be $2.87 for 2025, with the lowest EPS forecast at $2.83, and the highest EPS forecast at $2.93. In 2026, FR's EPS is forecast to hit $3.11 (min: $3.04, max: $3.21).

What is FR's forecast return on equity (ROE) for 2024-2027?

(NYSE: FR) forecast ROE is 17.12%, which is considered weak.
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