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$48.63
At close: Jun 25, 4:00 PM EDT
$48.83
0.200.41%
After Hours: 4:00 PM EDT
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First Industrial Realty Analyst Ratings and Price Targets | NYSE:FR | Benzinga
First Industrial Realty Trust Inc has a consensus price target of $54.59 based on the ratings of 17 analysts. The high is $64 issued by Wolfe Research on August 13, 2024. The low is $42 issued by Keybanc on October 12, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Scotiabank, and Baird on May 19, 2025, May 12, 2025, and May 6, 2025, respectively. With an average price target of $54.67 between Wells Fargo, Scotiabank, and Baird, there's an implied 11.95% upside for First Industrial Realty Trust Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Scotiabank
Baird
Truist Securities
Barclays
1calculated from analyst ratings
Analyst Ratings for First Industrial Realty
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/19/2025 | Buy Now | 10.59% | Wells Fargo | Blaine Heck52% | $57 → $54 | Maintains | Equal-Weight | Get Alert |
| 05/12/2025 | Buy Now | 4.44% | Scotiabank | Nicholas Yulico55% | $50 → $51 | Maintains | Sector Perform | Get Alert |
| 05/06/2025 | Buy Now | 20.83% | Baird | David Rodgers59% | $61 → $59 | Maintains | Outperform | Get Alert |
| 05/05/2025 | Buy Now | 12.64% | Truist Securities | Ki Bin Kim68% | $60 → $55 | Maintains | Buy | Get Alert |
| 04/30/2025 | Buy Now | 6.49% | Barclays | Anthony Powell51% | $56 → $52 | Maintains | Equal-Weight | Get Alert |
| 04/29/2025 | Buy Now | 18.78% | RBC Capital | Michael Carroll62% | $62 → $58 | Maintains | Outperform | Get Alert |
| 04/28/2025 | Buy Now | 16.73% | JP Morgan | Michael Mueller56% | $63 → $57 | Maintains | Overweight | Get Alert |
| 04/22/2025 | Buy Now | 4.44% | Goldman Sachs | Caitlin Burrows48% | $59 → $51 | Maintains | Neutral | Get Alert |
| 04/07/2025 | Buy Now | 2.4% | Scotiabank | Nicholas Yulico55% | $58 → $50 | Maintains | Sector Perform | Get Alert |
| 03/25/2025 | Buy Now | 14.68% | Barclays | Anthony Powell51% | $55 → $56 | Maintains | Equal-Weight | Get Alert |
| 02/21/2025 | Buy Now | 20.83% | Goldman Sachs | Caitlin Burrows48% | $52 → $59 | Upgrade | Sell → Neutral | Get Alert |
| 02/19/2025 | Buy Now | 24.92% | Baird | David Rodgers59% | $59 → $61 | Maintains | Outperform | Get Alert |
| 01/14/2025 | Buy Now | 6.49% | Deutsche Bank | Omotayo Okusanya63% | → $52 | Initiates | → Hold | Get Alert |
| 11/18/2024 | Buy Now | 12.64% | Barclays | Anthony Powell51% | $56 → $55 | Maintains | Equal-Weight | Get Alert |
| 10/10/2024 | Buy Now | 14.68% | Barclays | Anthony Powell51% | $52 → $56 | Maintains | Equal-Weight | Get Alert |
| 09/05/2024 | Buy Now | 26.97% | Mizuho | Vikram Malhorta59% | $58 → $62 | Maintains | Outperform | Get Alert |
| 08/28/2024 | Buy Now | 24.92% | Wells Fargo | Blaine Heck52% | $50 → $61 | Maintains | Equal-Weight | Get Alert |
| 08/26/2024 | Buy Now | 18.78% | Scotiabank | Nicholas Yulico55% | $55 → $58 | Maintains | Sector Perform | Get Alert |
| 08/13/2024 | Buy Now | 31.07% | Wolfe Research | Andrew Rosivach45% | → $64 | Upgrade | Peer Perform → Outperform | Get Alert |
| 08/07/2024 | Buy Now | 12.64% | Scotiabank | Nicholas Yulico55% | $50 → $55 | Maintains | Sector Perform | Get Alert |
| 08/06/2024 | Buy Now | 24.92% | Baird | David Rodgers59% | $56 → $61 | Maintains | Outperform | Get Alert |
| 08/05/2024 | Buy Now | 22.88% | Truist Securities | Ki Bin Kim68% | $54 → $60 | Maintains | Buy | Get Alert |
| 07/31/2024 | Buy Now | 22.88% | JP Morgan | Michael Mueller56% | $53 → $60 | Maintains | Overweight | Get Alert |
| 07/30/2024 | Buy Now | 22.88% | RBC Capital | Michael Carroll62% | $57 → $60 | Maintains | Outperform | Get Alert |
| 07/26/2024 | Buy Now | 6.49% | Goldman Sachs | Caitlin Burrows48% | $46 → $52 | Maintains | Sell | Get Alert |
| 05/16/2024 | Buy Now | 16.73% | RBC Capital | Michael Carroll62% | $60 → $57 | Maintains | Outperform | Get Alert |
| 05/16/2024 | Buy Now | 2.4% | Scotiabank | Nicholas Yulico55% | $55 → $50 | Maintains | Sector Perform | Get Alert |
| 05/01/2024 | Buy Now | 14.68% | Baird | David Rodgers59% | $62 → $56 | Maintains | Outperform | Get Alert |
| 04/25/2024 | Buy Now | 0.35% | Wedbush | Richard Anderson60% | $59 → $49 | Downgrade | Outperform → Neutral | Get Alert |
| 04/24/2024 | Buy Now | 8.54% | JP Morgan | Michael Mueller56% | $59 → $53 | Maintains | Overweight | Get Alert |
| 04/23/2024 | Buy Now | 6.49% | Barclays | Anthony Powell51% | $53 → $52 | Maintains | Equal-Weight | Get Alert |
| 04/02/2024 | Buy Now | 18.78% | Mizuho | Vikram Malhorta59% | $58 → $58 | Maintains | Buy | Get Alert |
| 03/27/2024 | Buy Now | 8.54% | Barclays | Anthony Powell51% | $63 → $53 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 03/06/2024 | Buy Now | 26.97% | Baird | David Rodgers59% | $63 → $62 | Maintains | Outperform | Get Alert |
| 03/04/2024 | Buy Now | 12.64% | Scotiabank | Nicholas Yulico55% | $51 → $55 | Maintains | Sector Perform | Get Alert |
| 02/20/2024 | Buy Now | 20.83% | JP Morgan | Michael Mueller56% | $51 → $59 | Maintains | Overweight | Get Alert |
| 02/20/2024 | Buy Now | 20.83% | Truist Securities | Ki Bin Kim68% | $57 → $59 | Maintains | Buy | Get Alert |
| 02/16/2024 | Buy Now | 22.88% | RBC Capital | Michael Carroll62% | $55 → $60 | Maintains | Outperform | Get Alert |
| 01/16/2024 | Buy Now | 16.73% | Truist Securities | Ki Bin Kim68% | $48 → $57 | Maintains | Buy | Get Alert |
| 01/11/2024 | Buy Now | -3.75% | Goldman Sachs | Caitlin Burrows48% | $41 → $47 | Maintains | Sell | Get Alert |
| 01/10/2024 | Buy Now | 18.78% | Mizuho | Vikram Malhorta59% | $55 → $58 | Maintains | Buy | Get Alert |
| 01/02/2024 | Buy Now | 20.83% | Wedbush | Richard Anderson60% | $55 → $59 | Maintains | Outperform | Get Alert |
| 12/05/2023 | Buy Now | 12.64% | Mizuho | Haendel St. Juste57% | → $55 | Upgrade | Neutral → Buy | Get Alert |
| 10/24/2023 | Buy Now | -1.7% | Truist Securities | Ki Bin Kim68% | $60 → $48 | Maintains | Buy | Get Alert |
| 10/24/2023 | Buy Now | -16.04% | Goldman Sachs | Caitlin Burrows48% | $47 → $41 | Maintains | Sell | Get Alert |
| 10/12/2023 | Buy Now | -13.99% | Keybanc | Todd Thomas59% | → $42 | Downgrade | Sector Weight → Underweight | Get Alert |
| 10/03/2023 | Buy Now | 12.64% | Wedbush | Richard Anderson60% | → $55 | Initiates | → Outperform | Get Alert |
| 07/19/2023 | Buy Now | 16.73% | Citigroup | Craig Mailman40% | → $57 | Initiates | → Neutral | Get Alert |
| 06/12/2023 | Buy Now | 12.64% | Mizuho | Vikram Malhotra56% | → $55 | Reiterates | Neutral → Neutral | Get Alert |
| 05/04/2023 | Buy Now | 35.16% | RBC Capital | Michael Carroll62% | $65 → $66 | Maintains | Outperform | Get Alert |
| 04/24/2023 | Buy Now | 29.02% | Baird | David Rodgers59% | $60 → $63 | Maintains | Outperform | Get Alert |
| 03/21/2023 | Buy Now | -1.7% | Goldman Sachs | Caitlin Burrows48% | → $48 | Reinstates | → Sell | Get Alert |
| 02/23/2023 | Buy Now | 33.11% | RBC Capital | Michael Carroll62% | → $65 | Reiterates | → Outperform | Get Alert |
| 02/21/2023 | Buy Now | 22.88% | Truist Securities | Ki Bin Kim68% | $55 → $60 | Maintains | Buy | Get Alert |
| 01/17/2023 | Buy Now | 12.64% | Truist Securities | Ki Bin Kim68% | $53 → $55 | Maintains | Buy | Get Alert |
| 12/16/2022 | Buy Now | 14.68% | JP Morgan | Michael Mueller56% | $53 → $56 | Upgrade | Neutral → Overweight | Get Alert |
| 11/03/2022 | Buy Now | 8.54% | JP Morgan | Michael Mueller56% | $60 → $53 | Maintains | Neutral | Get Alert |
| 10/26/2022 | Buy Now | 8.54% | Truist Securities | Ki Bin Kim68% | $59 → $53 | Maintains | Buy | Get Alert |
| 10/13/2022 | Buy Now | 29.02% | Barclays | Anthony Powell51% | $71 → $63 | Maintains | Overweight | Get Alert |
| 08/05/2022 | Buy Now | 51.55% | RBC Capital | Michael Carroll62% | $75 → $74 | Maintains | Outperform | Get Alert |
| 06/30/2022 | Buy Now | 12.64% | Jefferies | Jonathan Petersen60% | $62 → $55 | Maintains | Buy | Get Alert |
FAQ
What is the target price for First Industrial Realty (FR) stock?
The latest price target for First Industrial Realty (NYSE:FR) was reported by Wells Fargo on May 19, 2025. The analyst firm set a price target for $54.00 expecting FR to rise to within 12 months (a possible 10.59% upside). 25 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for First Industrial Realty (FR)?
The latest analyst rating for First Industrial Realty (NYSE:FR) was provided by Wells Fargo, and First Industrial Realty maintained their equal-weight rating.
When was the last upgrade for First Industrial Realty (FR)?
The last upgrade for First Industrial Realty Trust Inc happened on February 21, 2025 when Goldman Sachs raised their price target to $59. Goldman Sachs previously had a sell for First Industrial Realty Trust Inc.
When was the last downgrade for First Industrial Realty (FR)?
The last downgrade for First Industrial Realty Trust Inc happened on April 25, 2024 when Wedbush changed their price target from $59 to $49 for First Industrial Realty Trust Inc.
When is the next analyst rating going to be posted or updated for First Industrial Realty (FR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Industrial Realty, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for First Industrial Realty was filed on May 19, 2025 so you should expect the next rating to be made available sometime around May 19, 2026.
Is the Analyst Rating First Industrial Realty (FR) correct?
While ratings are subjective and will change, the latest First Industrial Realty (FR) rating was a maintained with a price target of $57.00 to $54.00. The current price First Industrial Realty (FR) is trading at is $48.83, which is out of the analyst’s predicted range.
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