
FR Stock Forecast & Price Target
FR Analyst Ratings
Bulls say
First Industrial Realty Trust Inc. is positioned for growth, with anticipated annualized accretion of $0.22 per share from recent deals, although conservative estimates predict increases of $0.07 per share in 2026 and $0.15 per share in 2027. The company remains optimistic about long-term trends in key markets like Miami, which could lead to higher occupancy rates and quicker lease-up of developments due to strong demand and regulatory challenges hindering new construction. Furthermore, the expectation of cap rates returning to the 5.0% range supports a positive outlook for the company’s valuation in alignment with its estimated net asset values.
Bears say
The analysis indicates a negative outlook on First Industrial Realty Trust Inc due to deteriorating market fundamentals, evidenced by some markets experiencing negative rent growth. Additionally, there are concerns regarding the potential slowdown in the supply chain build-out efforts of larger businesses, which could further impact demand for industrial real estate. Furthermore, the anticipated decline in cash lease spreads from approximately 32% to around 30% in 2026, as per RBC estimates, highlights a downward trend in financial performance amidst soft market conditions.
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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