Logo First Industrial Realty Trust

First Industrial Realty Trust (FR) stock: analyst price target and their real reliability

Live quote · data updated Aug 28, 2026
First Industrial Realty Trust · Real Estate · ref. ETF XLRE · 50 calls · price $62.39
🏆JPI 2026 portfoliosSee tracking →
What the company does: First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties.

📈 First Industrial Realty Trust (FR) stock price

$62.39+19.4% over range
Aug 28, 25low $50.26 · high $68.86Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
43% recommend buying · 7 analysts
📊 JPI status : First Industrial Realty Trust has never appeared in a JPI ranking (Fair or Risk +) — our methods haven't picked it to date. See the selected stocks →

🎯 FR price target & analyst consensusprice $62.39

The price target · all analysts combined (7 targets)
Highest target · 1 firm of 7$75+20.2%
Median target · of 7 targets$72+15.4%
Lowest target · 1 firm of 7$61-2.2%
Current price$62.39
Where these 7 targets sit · versus the current price · 1 target per firm, last 6 months
Above the price 686% $66 ↔ $75
Below 114% $61
⭐ What the most reliable analysts say · those who beat their sector, targets replayed on real prices

⭐ The most reliable of them, either direction: Baird64% of its targets hit on this sector (55 calls tested). It aims for $74 (+19 %), call made on July 30, 2026, maturing on July 30, 2027 (29 d ago).

The 3 reliable analysts $74+19 %
The 4 other firms $67.50+8.2 %
How to read it: the 3 reliable firms are not filtered by optimism — 3 aim above the price, 0 below, hence their $74 median. “The 4 others” are the firms that don't pass our reliability filter on this sector.
The consensus · 7 ratings (last 6 months)
Strong Buy00%
Buy343%
Hold457%
Sell00%
Strong Sell00%
Go deeper on the analysts
All analysts (the consensus)  ·  vs  ·  the best (those who've been right)
💬 A question about First Industrial Realty Trust? The JPI assistant answers using our backtest data.

💰 First Industrial Realty Trust dividend: yield, history & growth › open the full page

3.07%annual yield
📈 Steady dividend12 yrs of consecutive dividend increases
That's ~$1.89 per share per year.

📈 First Industrial Realty Trust fundamentals: valuation, margins & growth › open the full page

P/E 22.7Net margin 47.9 %Revenue growth +8.4 %Cheap for the growth

Revenue, net income and margin per year

Revenue Net income · hover a bar for details
2022
marg. 67 %
2023
Rev +14%Profit −23%
2024
Rev +9%Profit +5%
2025
Rev +9%Profit −14%

🔎 Detailed analyses

✅ Historical analyst reliability on FR

Hit rate measured on targets already matured (12 months), replayed against real prices. Click a header to sort.

Firm % right i Gain vs sector i Calls i
Jefferies  100% +33.7% 3
SunTrust Robinson Humphrey 100% +19.4% 4
Keybanc  75% +18.7% 4
Truist Securities  71% +13.1% 7
Baird  67% +6.9% 6
JP Morgan  62% -1.4% 8
Mizuho  60% +0.8% 5
Stifel  57% +8.6% 7
RBC Capital  56% +3.9% 9
Goldman Sachs  50% -4.9% 4
See the other 1 firms
Barclays  33% -6.0% 3

📊 What $1,000 invested in First Industrial Realty Trust would be worth › open the full page

In short — $1,000 invested in First Industrial Realty Trust 10 years ago would be worth $2,770 today, i.e. +11%/yr on average. Best year: 2021 (+57%), worst: 2022 (-27%). Price performance, excluding dividends.

If I'd invested $1,000 in First Industrial Realty Trust

InvestmentWorth todayGain
1 years ago$1,223+22%
3 years ago$1,270+27%
5 years ago$1,455+46%
→ See First Industrial Realty Trust's full return history + gain calculator

Return by year (First Industrial Realty Trust)

YearReturn$1,000 invested at year start
2026 (YTD)+7%$1,071 (+7%)
2025+14%$1,223 (+22%)
2024-5%$1,164 (+16%)
→ See First Industrial Realty Trust's full return history + gain calculator
⚠️ Past performance, not predictive nor advice. Prices in $, excluding dividends. Yahoo Finance data.

📰 Recent news on First Industrial Realty Trust

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📋 All analyst calls on FR

Scotiabank 
Aug 12, 26
■ Sector Perform neutral · not a buy · 🎯$66
Price at call : $63.33 — gap to target +4%
Today : $62.39 — gap to target +6%
🎯 on FR : no call matured yet · 📊 on Real estate : 31.2% · -6.2% (16 calls)
in progress (365j)
matures : Aug 12, 27
RBC Capital 
Aug 3, 26
▲ Outperform · 🎯$75
Price at call : $64.15 — upside +17%
Today : $62.39 — upside +20%
🎯 on FR : 100% (1 call matured) · 📊 on Real estate : 51% · +3.1% (102 calls)
in progress (365j)
matures : Aug 3, 27
Baird 
Jul 29, 26
▲ Outperform · 🎯$74
Price at call : $65.33 — upside +13%
Today : $62.39 — upside +19%
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 50.9% · +3.1% (55 calls)
in progress (365j)
matures : Jul 29, 27
Citigroup 
Jul 28, 26
■ Neutral neutral · not a buy · 🎯$72
Price at call : $65.33 — gap to target +10%
Today : $62.39 — gap to target +15%
🎯 on FR : no call matured yet · 📊 on Real estate : 45.5% · -9.2% (44 calls)
in progress (365j)
matures : Jul 28, 27
▲ Buy · 🎯$73
Price at call : $66.18 — upside +10%
Today : $62.39 — upside +17%
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 58% · +9.5% (81 calls)
in progress (365j)
matures : Jul 28, 27
Barclays 
Jul 16, 26
■ Equal-Weight neutral · not a buy · 🎯$69
Price at call : $68.68 — gap to target +0%
Today : $62.39 — gap to target +11%
🎯 on FR : no call matured yet · 📊 on Real estate : 49.5% · -1.2% (109 calls)
in progress (365j)
matures : Jul 16, 27
Wells Fargo 
Jun 1, 26
■ Equal-Weight neutral · not a buy · 🎯$61
Price at call : $60.05 — gap to target +2%
Today : $62.39 — gap to target -2%
🎯 on FR : no call matured yet · 📊 on Real estate : 51.5% · -0.1% (130 calls)
in progress (365j)
matures : Jun 1, 27
▲ Buy · 🎯$67
Price at call : $61.52 — upside +9%
Today : $62.39 — upside +7%
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 58% · +9.5% (81 calls)
in progress (365j)
matures : May 15, 27
See the other 42 calls, newest to oldest
Baird 
Apr 28, 26
▲ Outperform · 🎯$68
Price at call : $62.48 — upside +9%
Today : $62.39 — upside +9%
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 50.9% · +3.1% (55 calls)
in progress (365j)
matures : Apr 28, 27
Scotiabank 
Mar 2, 26
■ Sector Perform neutral · not a buy · 🎯$63
Price at call : $62.67 — gap to target +1%
Today : $62.39 — gap to target +1%
🎯 on FR : no call matured yet · 📊 on Real estate : 31.2% · -6.2% (16 calls)
in progress (365j)
matures : Mar 2, 27
Wells Fargo 
Feb 23, 26
■ Equal-Weight neutral · not a buy · 🎯$63
Price at call : $62.21 — gap to target +1%
Today : $62.39 — gap to target +1%
🎯 on FR : no call matured yet · 📊 on Real estate : 51.5% · -0.1% (130 calls)
in progress (365j)
matures : Feb 23, 27
▲ Buy · 🎯$66
Price at call : $60.73 — upside +9%
Today : $62.39 — upside +6%
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 58% · +9.5% (81 calls)
in progress (365j)
matures : Feb 18, 27
Citigroup 
Feb 11, 26
■ Neutral neutral · not a buy · 🎯$63
Price at call : $58.02 — gap to target +9%
Today : $62.39 — gap to target +1%
🎯 on FR : no call matured yet · 📊 on Real estate : 45.5% · -9.2% (44 calls)
in progress (365j)
matures : Feb 11, 27
RBC Capital 
Feb 10, 26
▲ Outperform · 🎯$66
Price at call : $59.38 — upside +11%
Today : $62.39 — upside +6%
🎯 on FR : 100% (1 call matured) · 📊 on Real estate : 51% · +3.1% (102 calls)
in progress (365j)
matures : Feb 10, 27
■ Neutral neutral · not a buy · 🎯$64
Price at call : $59.62 — gap to target +7%
Today : $62.39 — gap to target +3%
🎯 on FR : no call matured yet · 📊 on Real estate : 62.5% · +10.2% (8 calls)
in progress (365j)
matures : Feb 6, 27
▲ Buy · 🎯$65
Price at call : $58.84 — upside +10%
Today : $62.39 — upside +4%
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 58% · +9.5% (81 calls)
in progress (365j)
matures : Jan 20, 27
Scotiabank 
Jan 14, 26
■ Sector Perform neutral · not a buy · 🎯$62
Price at call : $59.31 — gap to target +5%
Today : $62.39 — gap to target -1%
🎯 on FR : no call matured yet · 📊 on Real estate : 31.2% · -6.2% (16 calls)
in progress (365j)
matures : Jan 14, 27
Mizuho 
Dec 4, 25
▲ Outperform · 🎯$62
Price at call : $56.77 — upside +9%
Today : $62.39 — upside -1%
🎯 on FR : 0% (1 call matured) · 📊 on Real estate : 48.4% · -1.4% (64 calls)
in progress (365j)
matures : Dec 4, 26
Scotiabank 
Nov 10, 25
■ Sector Perform neutral · not a buy · 🎯$57
Price at call : $56.64 — gap to target +1%
Today : $62.39 — gap to target -9%
🎯 on FR : no call matured yet · 📊 on Real estate : 31.2% · -6.2% (16 calls)
in progress (365j)
matures : Nov 10, 26
Wells Fargo 
Oct 27, 25
■ Equal-Weight neutral · not a buy · 🎯$57
Price at call : $56.15 — gap to target +2%
Today : $62.39 — gap to target -9%
🎯 on FR : no call matured yet · 📊 on Real estate : 51.5% · -0.1% (130 calls)
in progress (365j)
matures : Oct 27, 26
RBC Capital 
Oct 24, 25
▲ Outperform · 🎯$64
Price at call : $56.57 — upside +13%
Today : $62.39 — upside +3%
🎯 on FR : 100% (1 call matured) · 📊 on Real estate : 51% · +3.1% (102 calls)
in progress (365j)
matures : Oct 24, 26
JP Morgan 
Oct 23, 25
▲ Overweight · 🎯$61
Price at call : $56.1 — upside +9%
Today : $62.39 — upside -2%
🎯 on FR : 100% (1 call matured) · 📊 on Real estate : 55.4% · +0.8% (83 calls)
in progress (365j)
matures : Oct 23, 26
Goldman Sachs 
Oct 21, 25
■ Neutral neutral · not a buy · 🎯$59
Price at call : $55.65 — gap to target +6%
Today : $62.39 — gap to target -5%
🎯 on FR : no call matured yet · 📊 on Real estate : 60.5% · -1.6% (43 calls)
in progress (365j)
matures : Oct 21, 26
■ Neutral neutral · not a buy · 🎯$55
Price at call : $51.5 — gap to target +7%
Today : $62.39 — gap to target -12%
🎯 on FR : no call matured yet · 📊 on Real estate : 62.5% · +10.2% (8 calls)
in progress (365j)
matures : Oct 1, 26
RBC Capital 
Sep 29, 25
▲ Outperform · 🎯$60
Price at call : $51.47 — upside +17%
Today : $62.39 — upside -4%
🎯 on FR : 100% (1 call matured) · 📊 on Real estate : 51% · +3.1% (102 calls)
in progress (365j)
matures : Sep 29, 26
Mizuho 
Sep 8, 25
▲ Outperform · 🎯$56
Price at call : $52.14 — upside +7%
Today : $62.39 — upside -10%
🎯 on FR : 0% (1 call matured) · 📊 on Real estate : 48.4% · -1.4% (64 calls)
in progress (365j)
matures : Sep 8, 26
Scotiabank 
Aug 27, 25
■ Sector Perform neutral · not a buy · 🎯$54
Price at call : $52.25 — gap to target +3%
Today : $62.39 — gap to target -13%
🎯 on FR : no call matured yet · 📊 on Real estate : 31.2% · -6.2% (16 calls)
in progress (365j)
matures : Aug 27, 26
▲ Buy · 🎯$56
Price at call : $48.8 — upside +15%
Today : $62.39 — upside -10%
Expected +15% · Actual +36% · Reason (≥ +15%) : ✓ Yes
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 58% · +9.5% (81 calls)
+36.2%
stock +36% · XLRE +9%
matured Jul 25, 26
Wells Fargo 
May 19, 25
■ Equal-Weight neutral · not a buy · 🎯$54
Price at call : $50.94 — gap to target +6%
Today : $62.39 — gap to target -13%
🎯 on FR : no call matured yet · 📊 on Real estate : 51.5% · -0.1% (130 calls)
in progress (365j)
matures : May 19, 26
Scotiabank 
May 12, 25
■ Sector Perform neutral · not a buy · 🎯$51
Price at call : $50.89 — gap to target +0%
Today : $62.39 — gap to target -18%
🎯 on FR : no call matured yet · 📊 on Real estate : 31.2% · -6.2% (16 calls)
in progress (365j)
matures : May 12, 26
Baird 
May 6, 25
▲ Outperform · 🎯$59
Price at call : $48.57 — upside +21%
Today : $62.39 — upside -5%
Expected +21% · Actual +29% · Reason (≥ +15%) : ✓ Yes
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 50.9% · +3.1% (55 calls)
+28.7%
stock +29% · XLRE +8%
matured May 6, 26
▲ Buy · 🎯$55
Price at call : $48.57 — upside +13%
Today : $62.39 — upside -12%
Expected +13% · Actual +29% · Reason (≥ +15%) : ✓ Yes
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 58% · +9.5% (81 calls)
+28.7%
stock +29% · XLRE +8%
matured May 5, 26
Barclays 
Apr 30, 25
■ Equal-Weight neutral · not a buy · 🎯$52
Price at call : $48.1 — gap to target +8%
Today : $62.39 — gap to target -17%
🎯 on FR : no call matured yet · 📊 on Real estate : 49.5% · -1.2% (109 calls)
in progress (365j)
matures : Apr 30, 26
RBC Capital 
Apr 29, 25
▲ Outperform · 🎯$58
Price at call : $47.58 — upside +22%
Today : $62.39 — upside -7%
Expected +22% · Actual +30% · Reason (≥ +15%) : ✓ Yes
🎯 on FR : 100% (1 call matured) · 📊 on Real estate : 51% · +3.1% (102 calls)
+30.3%
stock +30% · XLRE +8%
matured Apr 29, 26
JP Morgan 
Apr 28, 25
▲ Overweight · 🎯$57
Price at call : $47.58 — upside +20%
Today : $62.39 — upside -9%
Expected +20% · Actual +29% · Reason (≥ +15%) : ✓ Yes
🎯 on FR : 100% (1 call matured) · 📊 on Real estate : 55.4% · +0.8% (83 calls)
+29.0%
stock +29% · XLRE +6%
matured Apr 28, 26
Goldman Sachs 
Apr 22, 25
■ Neutral neutral · not a buy · 🎯$51
Price at call : $47.1 — gap to target +8%
Today : $62.39 — gap to target -18%
🎯 on FR : no call matured yet · 📊 on Real estate : 60.5% · -1.6% (43 calls)
in progress (365j)
matures : Apr 22, 26
Scotiabank 
Apr 7, 25
■ Sector Perform neutral · not a buy · 🎯$50
Price at call : $43.07 — gap to target +16%
Today : $62.39 — gap to target -20%
🎯 on FR : no call matured yet · 📊 on Real estate : 31.2% · -6.2% (16 calls)
in progress (365j)
matures : Apr 7, 26
Barclays 
Mar 25, 25
■ Equal-Weight neutral · not a buy · 🎯$56
Price at call : $54.41 — gap to target +3%
Today : $62.39 — gap to target -10%
🎯 on FR : no call matured yet · 📊 on Real estate : 49.5% · -1.2% (109 calls)
in progress (365j)
matures : Mar 25, 26
Goldman Sachs 
Feb 21, 25
■ Neutral neutral · not a buy · 🎯$59
Price at call : $55.71 — gap to target +6%
Today : $62.39 — gap to target -5%
🎯 on FR : no call matured yet · 📊 on Real estate : 60.5% · -1.6% (43 calls)
in progress (365j)
matures : Feb 21, 26
Baird 
Feb 19, 25
▲ Outperform · 🎯$61
Price at call : $55.62 — upside +10%
Today : $62.39 — upside -2%
Expected +10% · Actual +9% · Reason (≥ +15%) : ✗ No
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 50.9% · +3.1% (55 calls)
+9.2%
stock +9% · XLRE +2%
matured Feb 19, 26
Deutsche Bank 
Jan 14, 25
■ Hold neutral · not a buy · 🎯$52
Price at call : $49.95 — gap to target +4%
Today : $62.39 — gap to target -17%
🎯 on FR : no call matured yet · 📊 on Real estate : 58.8% · +3.6% (51 calls)
in progress (365j)
matures : Jan 14, 26
Barclays 
Nov 18, 24
■ Equal-Weight neutral · not a buy · 🎯$55
Price at call : $52.65 — gap to target +4%
Today : $62.39 — gap to target -12%
🎯 on FR : no call matured yet · 📊 on Real estate : 49.5% · -1.2% (109 calls)
in progress (365j)
matures : Nov 18, 25
Barclays 
Oct 10, 24
■ Equal-Weight neutral · not a buy · 🎯$56
Price at call : $54.56 — gap to target +3%
Today : $62.39 — gap to target -10%
🎯 on FR : no call matured yet · 📊 on Real estate : 49.5% · -1.2% (109 calls)
in progress (365j)
matures : Oct 10, 25
Mizuho 
Sep 5, 24
▲ Outperform · 🎯$62
Price at call : $56.44 — upside +10%
Today : $62.39 — upside -1%
Expected +10% · Actual -7% · Reason (≥ +15%) : ✗ No
🎯 on FR : 0% (1 call matured) · 📊 on Real estate : 48.4% · -1.4% (64 calls)
-7.4%
stock -7% · XLRE -3%
matured Sep 5, 25
Wells Fargo 
Aug 28, 24
■ Equal-Weight neutral · not a buy · 🎯$61
Price at call : $56.15 — gap to target +9%
Today : $62.39 — gap to target -2%
🎯 on FR : no call matured yet · 📊 on Real estate : 51.5% · -0.1% (130 calls)
in progress (365j)
matures : Aug 28, 25
Scotiabank 
Aug 26, 24
■ Sector Perform neutral · not a buy · 🎯$58
Price at call : $56.89 — gap to target +2%
Today : $62.39 — gap to target -7%
🎯 on FR : no call matured yet · 📊 on Real estate : 31.2% · -6.2% (16 calls)
in progress (365j)
matures : Aug 26, 25
Wolfe Research 
Aug 13, 24
▲ Outperform · 🎯$64
Price at call : $53.96 — upside +19%
Today : $62.39 — upside +3%
Expected +19% · Actual -9% · Reason (≥ +15%) : ✗ No
🎯 on FR : 0% (1 call matured) · 📊 on Real estate : 25% · -4.5% (16 calls)
-9.2%
stock -9% · XLRE -1%
matured Aug 13, 25
Scotiabank 
Aug 7, 24
■ Sector Perform neutral · not a buy · 🎯$55
Price at call : $53.16 — gap to target +3%
Today : $62.39 — gap to target -12%
🎯 on FR : no call matured yet · 📊 on Real estate : 31.2% · -6.2% (16 calls)
in progress (365j)
matures : Aug 7, 25
Baird 
Aug 6, 24
▲ Outperform · 🎯$61
Price at call : $52.31 — upside +17%
Today : $62.39 — upside -2%
Expected +17% · Actual -8% · Reason (≥ +15%) : ✗ No
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 50.9% · +3.1% (55 calls)
-7.9%
stock -8% · XLRE -0%
matured Aug 6, 25
▲ Buy · 🎯$60
Price at call : $52.31 — upside +15%
Today : $62.39 — upside -4%
Expected +15% · Actual -8% · Reason (≥ +15%) : ✗ No
🎯 on FR : 67% (3 calls matureds) · 📊 on Real estate : 58% · +9.5% (81 calls)
-7.9%
stock -8% · XLRE -0%
matured Aug 5, 25

Frequently asked questions

Should I buy First Industrial Realty Trust stock?

This isn't buy advice. For First Industrial Realty Trust, the analyst consensus is "Hold", with an average price target of $72.00 (+15% vs the current price). What matters is their past reliability on this stock: the most reliable one is right 100% of the time (3 calls tracked on First Industrial Realty Trust). We show the numbers — you decide.

Is it too late to buy First Industrial Realty Trust? How high can it go?

The most bullish analyst target on First Industrial Realty Trust is $75.00 (+20% above today's price); the average is $72.00. That's the upside they see. Check how reliable those analysts have actually been on First Industrial Realty Trust on our site before trusting it.

Is First Industrial Realty Trust still a good buy?

The most useful "opinion" isn't an opinion — it's a track record: 11 analysts have a real record on First Industrial Realty Trust, the best hitting 100% over 3 calls. Current consensus: "Hold". Make your call on data, not noise.

Should you invest in First Industrial Realty Trust? The case for and against

The arguments for and against, one by one, from the numbers: why invest in FR (and why hesitate).

What has First Industrial Realty Trust's past performance been?

Historical returns and a "how much if I had invested" calculator: FR performance & returns.

Does First Industrial Realty Trust pay a dividend?

Yield, consistency and growth history of the dividend: FR's dividend.

Other Real estate stocks

Go further

JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)