First Industrial Realty Trust, Inc. (NYSE:FR) Receives $63.93 Average Price Target from Analysts

Posted by on Jun 27th, 2026

First Industrial Realty Trust, Inc. (NYSE:FR – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the fifteen brokerages that are presently covering the company, MarketBeat reports. Six investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $63.9286.

A number of research firms have recently commented on FR. Wall Street Zen upgraded shares of First Industrial Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Weiss Ratings upgraded shares of First Industrial Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, April 27th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $65.00 target price on shares of First Industrial Realty Trust in a report on Monday, April 27th. KeyCorp reissued a “sector weight” rating on shares of First Industrial Realty Trust in a research report on Wednesday, June 10th. Finally, Wells Fargo & Company lowered their price target on First Industrial Realty Trust from $63.00 to $61.00 and set an “equal weight” rating on the stock in a research report on Monday, June 1st.

Check Out Our Latest Analysis on FR

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FR. Measured Wealth Private Client Group LLC bought a new stake in shares of First Industrial Realty Trust in the third quarter valued at approximately $26,000. Parallel Advisors LLC increased its position in First Industrial Realty Trust by 86.9% during the fourth quarter. Parallel Advisors LLC now owns 626 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 291 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in First Industrial Realty Trust by 64.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 301 shares during the last quarter. Danske Bank A S bought a new stake in First Industrial Realty Trust in the 3rd quarter valued at $51,000. Finally, Parkside Financial Bank & Trust boosted its holdings in First Industrial Realty Trust by 27.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,231 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 262 shares during the period. 99.85% of the stock is owned by institutional investors.

First Industrial Realty Trust Stock Performance

Shares of NYSE FR opened at $63.53 on Monday. The business’s 50-day simple moving average is $62.33 and its 200-day simple moving average is $60.31. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.04 and a current ratio of 1.04. First Industrial Realty Trust has a 52 week low of $47.36 and a 52 week high of $64.66. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 24.62 and a beta of 1.05.

First Industrial Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.1%. First Industrial Realty Trust’s dividend payout ratio is presently 77.52%.

First Industrial Realty Trust Company Profile

(Get Free Report)

First Industrial Realty Trust, Inc (NYSE: FR) is a publicly traded real estate investment trust focused on the ownership, operation and development of industrial real estate assets. The company specializes in light industrial, warehouse and distribution facilities that serve a broad range of end markets, including manufacturing, transportation and e-commerce. Through both acquisitions and ground-up developments, First Industrial seeks to assemble a diversified portfolio of strategically located properties that support its tenants’ supply-chain needs.

Core services provided by First Industrial include property leasing, asset management, redevelopment of obsolescent buildings and build-to-suit development for creditworthy users.

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Analyst Recommendations for First Industrial Realty Trust (NYSE:FR)

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