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FR
Volume: 1.34M

FR Stock Forecast & Price Target

FR Analyst Ratings

Based on 11 analyst ratings
Buy
Strong Buy 18%
Buy 36%
Hold 45%
Sell 0%
Strong Sell 0%

Bulls say

First Industrial Realty is in a strong position for growth with its diverse tenant base, strong e-commerce, logistics, and transportation sectors, and average lease term of 6.3 years. They also have low financial leverage, projected FFO growth, and their stock trades at a discount to our NAV estimate, leading us to increase our price target to $66 and maintain a Buy rating. Unfavorable market conditions or supply may pose risks, but with a strong outlook, we estimate above-consensus FFO per share and a potential total return of 13%.

Bears say

First Industrial Realty is a self-managed REIT that focuses on industrial properties in the United States, with a strong record of development, ownership, and operation since becoming public in 1994. However, with a high discount rate of 9.6% and a terminal growth rate of 3.0%, the stock has a negative outlook due to concerns over its ability to generate significant returns for investors. Additionally, while the company has strong fundamentals, its current price may be overvalued given its high price target of $66 based on a discounted cash flow of $56.08 and 2027E FFOps of 21.8x, making it a risky investment.

FR has been analyzed by 11 analysts, with a consensus rating of Buy. 18% of analysts recommend a Strong Buy, 36% recommend Buy, 45% 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 11 analysts, FR has a Buy consensus rating as of Jun 27, 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 $65.18, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $65.18, 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: 1.34M

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