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FR
Volume: 1.4M

FR Stock Forecast & Price Target

FR Analyst Ratings

Based on 12 analyst ratings
Buy
Strong Buy 17%
Buy 33%
Hold 50%
Sell 0%
Strong Sell 0%

Bulls say

First Industrial Realty is projected to have steady FFO growth through 2026 and 2027, which is supported by a diverse tenant base and attractive FFO and FAD PEG ratios. The company's strong balance sheet and frugal use of equity capital, along with potential external growth opportunities, contribute to our positive outlook and a Buy rating. Our increased price target reflects a potential 13% total return including dividends, and estimated multiples of 18.8x 2027E FFO and 21.5x 2027E FAD, which are below the stock's current trading levels.

Bears say

First Industrial Realty is maintaining its positive 2026 Funds From Operations estimate, which is above industry consensus and is using a discounted cash flow analysis, combined with their first quarter 2026 Net Asset Value and an estimated 20.5x 2027 Expected FFOps to create a $67 price target. However, there are concerns around the company's equity in joint ventures, which showed a decline in the latest report. Additionally, key assumptions used in the analysis, such as a 9.6% discount rate, a 3.0% terminal growth rate, and a 5.5% cap rate, may be overly optimistic and could impact the company's future financial performance.

FR has been analyzed by 12 analysts, with a consensus rating of Buy. 17% of analysts recommend a Strong Buy, 33% recommend Buy, 50% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of First Industrial Realty Trust and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About First Industrial Realty Trust (FR) Forecast

Analysts have given FR a Buy based on their latest research and market trends.

According to 12 analysts, FR has a Buy consensus rating as of Jul 18, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $65.50, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $65.50, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

First Industrial Realty Trust (FR)

Volume: 1.4M

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