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First Industrial Realty (FR): analyst forecast and price target

$58.76 0.03% close 16.10.26 · market cap $8.2B · Realestate · REIT - Industrial
Price targets and ratings of

Analyst consensus

Moderate Buy

5 Buy4 Hold0 Sell

Ratings of 9 analysts in the last 3 months

12-month forecast

$71.56+21.8% upside

Based on 9 price targets given in the last 3 months, the average target is $71.56, the highest $75.00, the lowest $66.00. The average is +21.8% from the last price of $58.76.

$60.00$70.00Jan 26AprJulOctJan 27AprJulOctHigh$75.00Average$71.56Low$66.00
Highest target $75.00 Average target $71.56 Lowest target $66.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Blaine Heck★★★★★★★★★★#3499 · hits 58% · avg +3.1% Wells Fargo $66.00 Hold +12.3% Assigned 14.10.26on TipRanks 07:00 −0.7%next day −0.3%
Jonathan Petersen★★★★★★★★★★#809 · hits 63% · avg +8.3% Jefferies $73.00 Buy +24.2% Reiterated 06.08.26on TipRanks 11:37 −1.1%next day −0.2% · 5 days −1.3%
Michael Carroll★★★★★★★★★★#930 · hits 63% · avg +8.4% RBC Capital $68.00 → $75.00+10.3% Buy +27.6% Reiterated 31.07.26on TipRanks Aug 3 07:15 −0.9%next day −1.9% · 5 days −6.9%
Nicholas Thillman★★★★★★★★★★#3524 · hits 70% · avg +5.6% Robert W. Baird $71.00 → $74.00+4.2% Buy +25.9% Reiterated 29.07.26on TipRanks 07:22 +0.3%next day −0.7% · 5 days −7.3%
Michael Mueller★★★★★★★★★★#10054 · hits 49% · avg −0.9% J.P. Morgan $74.00 Buy +25.9% Reiterated 28.07.26on TipRanks Jul 29 08:06 −0.7%next day +0.3% · 5 days −7.2%
Nicholas Joseph★★★★★★★★★★#4196 · hits 65% · avg +4.5% Citi $63.00 → $72.00+14.3% Hold +22.5% Reiterated 28.07.26on TipRanks 06:15 −0.7%next day +0.3% · 5 days −7.2%
Michael Lewis★★★★★★★★★★#335 · hits 70% · avg +10.4% Truist Financial $67.00 → $73.00+9.0% Buy +24.2% Reiterated 28.07.26on TipRanks Jul 27 14:49 −0.8%next day −0.7% · 5 days −3.9%
Brendan Lynch★★★★★★★★★★#10289 · hits 46% · avg −1.1% Barclays $69.00 Hold +17.4% Reiterated 23.07.26on TipRanks Jul 24 05:13 −0.8%next day +0.9% · 5 days −1.0%
Caitlin Burrows★★★★★★★★★★#9655 · hits 57% · avg −0.8% Goldman Sachs $68.00 Hold +15.7% Reiterated 22.07.26on TipRanks Jul 24 05:13 −1.0%next day −0.8% · 5 days −1.1%
Vikram Malhotra★★★★★★★★★★#4613 · hits 52% · avg +1.9% Mizuho Securities $69.00 Buy +17.4% Reiterated 13.07.26on TipRanks 08:15 +0.9%next day −0.9% · 5 days +5.7%
Dave Rodgers★★★★★★★★★★#8657 · hits 52% · avg 0.0% Raymond James $83.00 Buy +41.3% Initiated 17.06.26on TipRanks 16:20 +0.8%next day +2.4% · 5 days +5.3%
Unknown Analyst DBS — Buy — Reiterated 11.06.26on TipRanks Jun 17 16:20 −1.1%next day +0.7% · 5 days −3.1%
Todd Thomas★★★★★★★★★★#1260 · hits 63% · avg +9.4% KeyBanc — Hold — Reiterated 10.06.26on TipRanks 05:15 +0.8%next day −1.1% · 5 days −4.9%
Richard Anderson★★★★★★★★★★#906 · hits 72% · avg +9.8% Cantor Fitzgerald $64.00 → $65.00+1.6% Hold +10.6% Reiterated 27.04.26on TipRanks 07:20 +1.0%next day +1.1% · 5 days −2.0%
Nicholas Yulico★★★★★★★★★★#2764 · hits 58% · avg +4.8% Scotiabank $63.00 Hold +7.2% Reiterated 23.04.26on TipRanks 07:35 −0.4%next day −3.1% · 5 days −2.8%
Omotayo Okusanya★★★★★★★★★★#1074 · hits 62% · avg +8.8% Deutsche Bank $67.00 Buy +14.0% Upgrade 05.01.26on TipRanks 06:00 +0.1%next day −1.6% · 5 days −0.2%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering First Industrial Realty

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Jonathan Petersen★★★★★★★★★★Jefferies · #809
Hits 63%289 of 461 Average return +8.3%
1 year Jonathan Petersen★★★★★★★★★★Jefferies · #809
Hits 63%289 of 461 Average return +8.3%
2 years Jonathan Petersen★★★★★★★★★★Jefferies · #809
Hits 63%289 of 461 Average return +8.3%

Most profitable

3 months Jonathan Petersen★★★★★★★★★★Jefferies · #809
Hits 63%289 of 461 Average return +8.3%
1 year Jonathan Petersen★★★★★★★★★★Jefferies · #809
Hits 63%289 of 461 Average return +8.3%
2 years Michael Mueller★★★★★★★★★★J.P. Morgan · #10054
Hits 49%132 of 267 Average return −0.9%

Recommendation trend

05101589Oct 25810Nov88Dec76Jan 26109Feb810Mar811Apr57May79Jun89Jul88Aug66Sep12Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy578861
Hold799862
Sell000000

Earnings and sales forecast

Next report: 21.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.47 (from $0.43 to $0.63). Last quarter: $0.58.

Sales

Next quarter’s sales estimate — $196M (from $191M to $201M). Last quarter: $195M.

Best top-analyst consensus in the sector · Realestate

IRMIron Mountain
EPRTEssential Properties Realty
AHRAmerican Healthcare REIT, Inc.
RHPRyman
WELLWelltower
About First Industrial Realty

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 71.6 million square feet of industrial space concentrated in 15 target MSAs as of December 31, 2025. First Industrial Realty Trust, Inc. was incorporated in 1993 in Maryland, USA,

Data from the stock’s TipRanks forecast page, read 69 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗