
FR Stock Forecast & Price Target
FR Analyst Ratings
Bulls say
First Industrial Realty Trust Inc. is positioned for positive growth as management anticipates significant annualized accretion from recent deals, projecting a $0.22 per share increase once stabilized, with modest estimates of $0.07 in 2026 and $0.15 in 2027. The company recognizes enduring favorable trends in key markets like Miami, suggesting that new projects could be pursued, which will enhance overall occupancy rates and accelerate lease-ups. Structural challenges in building due to regulatory hurdles, coupled with a limited supply of suitable sites, particularly in urban locations, are expected to bolster demand and potentially lead to higher cap rates in the future.
Bears say
First Industrial Realty Trust Inc faces a challenging outlook as larger businesses may scale back their multi-year supply chain developments if economic activity significantly contracts. Additionally, rent growth in some markets has already turned negative, indicating weakening demand for industrial real estate. Furthermore, although the company achieved approximately 32% cash lease spreads for 2025, projections suggest these could decline to around 30% in 2026, reflecting ongoing softness in market fundamentals.
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.
FR Analyst Forecast & Price Prediction
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