First Industrial Realty Trust, Inc.

First Industrial Realty Trust, Inc.

FRยทNYSE

$60.40

-0.033%
Real EstateREIT - Industrial

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.

At a Glance

Live Snapshot
Market Cap$8.01B
EPS1.8700
P/E Ratio30.66
Earnings Date07/15/2026
fr

First Industrial Realty Trust, Inc. Street Expectations Map

FR ยท NYSE

Wall Street analysts project that FR stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 65.57, with estimates ranging from a low of 62.00 to a high of 68.00.

Lowest Target
62.00
2.65%
Consensus Target
65.57
8.56%
Highest Target
68.00
12.58%

The consensus 1-year price target stands at 65.57, with estimates ranging from a low of 62.00 to a high of 68.00.

Analyst Consensus Analysis

Upside Potential

+8.6%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

9.2% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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First Industrial Realty Trust, Inc. Forward Estimates of Revenue

FR ยท NYSE
Latest Revenue
727.08M
FY 2025
Avg Estimate
757.53M
FY 2026
Estimate Range
748.91M - 766.15M
Analyst Spread

Forward Growth Analysis

Projected Growth+4.2%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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First Industrial Realty Trust, Inc. Forward Estimates of Net Income

FR ยท NYSE
Latest Net Income
247.44M
FY 2025
Avg Estimate
313.65M
FY 2026
Estimate Range
312.58M - 320.65M
Analyst Spread

Forward Growth Analysis

Projected Growth+26.8%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

fr

First Industrial Realty Trust, Inc. Forward Estimates of EPS

FR ยท NYSE
Latest EPS
1.87
FY 2025
Avg Estimate
$2.40
FY 2026
Estimate Range
$2.36 - $2.42
Analyst Spread

Forward Growth Analysis

Projected Growth+28.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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First Industrial Realty Trust, Inc. Forward Estimates of EBIT

FR ยท NYSE
Latest EBIT
383.51M
FY 2025
Avg Estimate
448.06M
FY 2026
Estimate Range
442.96M - 453.16M
Analyst Spread

Forward Growth Analysis

Projected Growth+16.8%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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First Industrial Realty Trust, Inc. Forward Estimates of EBITDA

FR ยท NYSE
Latest EBITDA
568.83M
FY 2025
Avg Estimate
654.13M
FY 2026
Estimate Range
646.69M - 661.58M
Analyst Spread

Forward Growth Analysis

Projected Growth+15.0%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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First Industrial Realty Trust, Inc. Forward Estimates of SG&A Expense

FR ยท NYSE
Latest SG&A Expense
41.95M
FY 2025
Avg Estimate
47.70M
FY 2026
Estimate Range
47.16M - 48.25M
Analyst Spread

Forward Growth Analysis

Projected Growth+13.7%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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First Industrial Realty Trust, Inc. Insider Positioning

FR ยท NYSE

During the last 12 months, insiders have sold $20K worth of FR shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

340

19.85K

Net Activity

-20K

-$20K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
YJL

Yap Johannson L

Officer: Chief Investment Officer

340 sharesโ€ข1 transactions

$20K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $20K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.