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NYSE:FR - First Industrial Realty Trust Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $35.75
  • Forecasted Upside: -15.58 %
  • Number of Analysts: 11
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$42.35 As of 01/20/2021 01:00 AM ET
▲ +1.21 (2.94%)
1 month | 3 months | 12 months
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Analyst Price Target for FR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$35.75
▼ -15.58% Downside Potential
This price target is based on 11 analysts offering 12 month price targets for First Industrial Realty Trust in the last 3 months. The average price target is $35.75, with a high forecast of $49.00 and a low forecast of $10.50. The average price target represents a -15.58% upside from the last price of $42.35.
Buy
The current consensus among 11 contributing investment analysts is to buy stock in First Industrial Realty Trust. This rating has held steady since April 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/30/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/28/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
1/26/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/22/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
12/21/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/13/2021Jefferies Financial GroupUpgradeHold ➝ Buy$46.00 ➝ $49.00Medium
i
11/13/2020MizuhoBoost Price TargetBuy$46.00 ➝ $48.00Medium
i
10/20/2020TD SecuritiesUpgradeBuy$19.50Low
i
9/29/2020The Goldman Sachs GroupInitiated CoverageSellLow
i
8/6/2020Raymond JamesReiterated RatingHoldMedium
i
8/4/2020MizuhoBoost Price TargetMarket Perform ➝ Buy$45.00 ➝ $47.00Low
i
7/27/2020Jefferies Financial GroupBoost Price TargetHold$40.00 ➝ $41.00High
i
7/24/2020TD SecuritiesDowngradeHold$16.50 ➝ $19.50Low
i
7/24/2020Robert W. BairdUpgradeNeutral ➝ OutperformMedium
i
5/11/2020SunTrust BanksBoost Price TargetBuy$40.00 ➝ $43.00Low
i
4/29/2020JPMorgan Chase & Co.Lower Price TargetNeutral$44.00 ➝ $40.00Low
i
4/24/2020Stifel NicolausBoost Price TargetBuy$32.00 ➝ $38.00High
i
3/27/2020Royal Bank of CanadaInitiated CoverageOutperform$38.00High
i
1/22/2020BMO Capital MarketsLower Price TargetMarket Perform$12.00 ➝ $10.50Low
i
5/15/2019The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$38.00Low
i
2/20/2019MizuhoReiterated RatingBuy$38.00Low
i
2/20/2019SunTrust BanksReiterated RatingBuy$36.00Low
i
1/8/2019Raymond JamesDowngradeOutperform ➝ Market PerformMedium
i
12/19/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ NeutralMedium
i
12/17/2018BMO Capital MarketsReiterated RatingBuy ➝ Average$8.50Medium
i
8/7/2018SunTrust BanksSet Price TargetBuy$35.00Low
i
Rating by Ki Bin Kim at SunTrust Banks, Inc.
7/27/2018JPMorgan Chase & Co.Boost Price TargetUnderweight ➝ Underweight$30.00 ➝ $34.00Low
i
7/17/2018Jefferies Financial GroupDowngradeBuy ➝ HoldHigh
i
5/7/2018MizuhoUpgradeNeutral ➝ Buy$31.00High
i
Rating by Richard Anderson at Mizuho
3/26/2018MizuhoInitiated CoverageNeutral$31.00Low
i
3/2/2018SunTrust BanksSet Price TargetBuy$32.00High
i
2/27/2018Stifel NicolausLower Price TargetBuy ➝ Buy$34.00 ➝ $32.00Medium
i
2/23/2018Jefferies Financial GroupReiterated RatingBuy$39.00Low
i
1/9/2018Robert W. BairdReiterated RatingHold$31.00N/A
i
12/21/2017Jefferies Financial GroupUpgradeHold ➝ BuyLow
i
12/15/2017JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$31.00Low
i
11/24/2017Jefferies Financial GroupReiterated RatingHold$34.00Low
i
11/10/2017SunTrust BanksReiterated RatingBuy$34.00N/A
i
11/6/2017Stifel NicolausBoost Price TargetBuy ➝ Buy$33.00 ➝ $34.00N/A
i
10/27/2017SunTrust BanksReiterated RatingBuy$32.00N/A
i
10/24/2017KeyCorpReiterated RatingHoldN/A
i
9/29/2017Janney Montgomery ScottInitiated CoverageBuy ➝ Buy$34.00Low
i
9/26/2017Jefferies Financial GroupReiterated RatingNeutralHigh
i
8/25/2017KeyCorpReiterated RatingHoldLow
i
8/24/2017Jefferies Financial GroupReiterated RatingHold$30.00 ➝ $32.00Low
i
7/28/2017Stifel NicolausReiterated RatingBuy$33.00Low
i
7/14/2017Stifel NicolausReiterated RatingBuy$31.50Medium
i
6/25/2017Jefferies Financial GroupReiterated RatingHold$29.00 ➝ $30.00Low
i
6/14/2017Stifel NicolausBoost Price TargetBuy$30.00 ➝ $31.50Low
i
4/24/2017Jefferies Financial GroupReiterated RatingHold$29.00Low
i
3/22/2017BMO Capital MarketsReiterated RatingHold$28.00Low
i
3/2/2017Jefferies Financial GroupBoost Price TargetHold$27.00 ➝ $28.00N/A
i
1/11/2017Robert W. BairdDowngradeOutperform ➝ Neutral$29.00 ➝ $28.00N/A
i
11/16/2016Jefferies Financial GroupReiterated RatingHoldN/A
i
Rating by Jonathan Petersen at Jefferies Financial Group Inc.
8/18/2016Jefferies Financial GroupReiterated RatingHoldN/A
i
Rating by Jonathan Petersen at Jefferies Financial Group Inc.
6/1/2016Jefferies Financial GroupDowngradeBuy ➝ Hold$26.00N/A
i
Rating by Jonathan Petersen at Jefferies Financial Group Inc.
5/3/2016Bank of AmericaUpgradeUnderperform ➝ NeutralN/A
i
5/3/2016Stifel NicolausBoost Price TargetBuy$24.00 ➝ $25.00N/A
i
2/23/2016Deutsche Bank AktiengesellschaftBoost Price TargetBuy$23.00 ➝ $24.00N/A
i
2/23/2016Jefferies Financial GroupBoost Price TargetBuy$23.00 ➝ $24.00N/A
i
Rating by Jonathan Petersen at Jefferies Financial Group Inc.
1/22/2016Jefferies Financial GroupInitiated CoverageBuy$23.00N/A
i
(Data available from 1/20/2016 forward)
First Industrial Realty Trust logo
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.
Read More

Today's Range

Now: $42.35
$41.14
$42.86

50 Day Range

MA: $41.42
$40.75
$42.42

52 Week Range

Now: $42.35
$25.89
$46.12

Volume

1,492,101 shs

Average Volume

784,100 shs

Market Capitalization

$5.47 billion

P/E Ratio

25.82

Dividend Yield

2.43%

Beta

0.84

Frequently Asked Questions

What sell-side analysts currently cover shares of First Industrial Realty Trust?

The following Wall Street analysts have issued reports on First Industrial Realty Trust in the last year: BMO Capital Markets, Jefferies Financial Group Inc., JPMorgan Chase & Co., Mizuho, Raymond James, Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, SunTrust Banks, Inc., TD Securities, The Goldman Sachs Group, Inc., and Zacks Investment Research.

What is the current price target for First Industrial Realty Trust?

8 Wall Street analysts have set twelve-month price targets for First Industrial Realty Trust in the last year. Their average twelve-month price target is $35.75, suggesting a possible downside of 15.6%. Jefferies Financial Group Inc. has the highest price target set, predicting FR will reach $49.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $10.50 for First Industrial Realty Trust in the next year.

What is the current consensus analyst rating for First Industrial Realty Trust?

First Industrial Realty Trust currently has 1 sell rating, 3 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FR will outperform the market and that investors should add to their positions of First Industrial Realty Trust.

What other companies compete with First Industrial Realty Trust?

Other companies that are similar to First Industrial Realty Trust include Prologis, EastGroup Properties, STAG Industrial, Terreno Realty and Monmouth Real Estate Investment.

How do I contact First Industrial Realty Trust's investor relations team?

First Industrial Realty Trust's physical mailing address is 1 N. Wacker Drive Suite 4200, CHICAGO IL, 60606. The real estate investment trust's listed phone number is 312-344-4300 and its investor relations email address is ir@firstindustrial.com. The official website for First Industrial Realty Trust is www.firstindustrial.com.