Intratio
Loading...
Skip to main content
Model output · Signal date 2026-10-16

First Industrial Realty Trust Inc (FR) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE

Follow Unlock full AI forecasts
Rating · 90D ▼ Bearish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Total
Rank in coverage Bottom 35% of 5172 stocks scored
Rank correlation · 90D 27.0% Spearman, 357 dates
Market Cap $7.79B mid-cap · #41 of 60 peers
Summary

First Industrial Realty Trust Inc (FR) stock forecast summary

Our AI ranks First Industrial Realty Trust Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

First Industrial Realty Trust Inc is a mid-cap company with a market capitalization of $7.79B. It ranks number 41 by market capitalization among the 60 Real Estate Investment Trusts issuers in our coverage with a current forecast.

For FR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 27.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, FR included.

Follow FR free
Price

FR price chart and AI forecast

FR
Cross-section · 2026-10-16

How FR ranks among 5172 stocks

90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

First Industrial Realty Trust Inc (FR) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Real Estate Investment Trusts peers listed below that report each metric.

Valuation & Market

MetricFRIndustry medianRank
Market Cap $7.79B $11.29B 41/60
P/E Ratio 18.89x 26.19x 42/55
P/B Ratio 2.81x 2.08x 17/57
Dividend Yield 3.20% 4.60% 44/54
EPS $3.11 – –
Book Value/Share $20.94 – –
Revenue/Share $5.73 – –

Profitability & Margins

MetricFRIndustry medianRank
ROE 13.1% 7.6% 15/52
ROA 6.3% 3.6% 9/55
Net Margin 48.0% 25.9% 7/53
EBT Margin 51.9% 26.2% 9/45
Tax Rate 3.1% – –

Financial Health

MetricFRIndustry medianRank
D/E Ratio 1.05x 1.13x 31/57
Financial Leverage 2.08x 2.15x 32/56

Cash Flow

MetricFRIndustry medianRank
Operating Cash Flow $449M $870M 46/60
OCF Growth YoY 13.3% 6.6% 15/59

Operational Efficiency

MetricFRIndustry medianRank
Asset Turnover 0.13x 0.14x 29/55
Receivables Turnover 86.4x 10.0x 3/40
Days Sales Outstanding 4 days 37 days 38/40

Income Statement

MetricFRIndustry medianRank
Total Revenue $760M $1.97B 50/56
Net Income $364M $414M 32/55

Dividend & Shareholder Information

MetricFRIndustry medianRank
Dividends Per Share $1.88 – –
Payout Ratio 60.5% 121.8% 47/49
Shares Outstanding 133M – –
Net Income Growth 34.4% 28.9% 22/49
EPS Growth 41.4% 14.5% 20/54

Balance Sheet Highlights (USD millions)

Cash & Short-term Investments$46M0.8% of assets
Accounts Receivable$9M0.2% of assets
Total Liabilities$2.91B51.2% of assets
Quarterly Financial Reports

FR quarterly financials and insider trading

Industry Peers · Real Estate Investment Trusts

First Industrial Realty Trust Inc (FR) industry peers

Companies classified under the same SEC industry code as First Industrial Realty Trust Inc (Real Estate Investment Trusts): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

Reveal all forecasts · See exact % predictions for all competitors

Sign up free
Company 90-Day AI Forecast (Total) Market Cap P/E Ratio P/B Ratio
FR First Industrial Realty Trust Inc ▼ $7.79B 18.9x 2.8x
WELL Welltower Inc. ▼ $161.18B 116.8x 3.7x
PLD Prologis, Inc. ▶ $116.81B 31.6x 2.2x
EQIX Equinix Inc ▼ $97.29B 63.5x 6.8x
AMT American Tower Corp /Ma/ ▼ $86.33B 25.5x 23.2x
SPG Simon Property Group Inc. ▼ $66.47B 14.5x 11.3x
DLR Digital Realty Trust, Inc. ▼ $60.44B 46.7x 2.6x
O Realty Income Corp ▼ $53.06B 42.5x 1.3x
PSA Public Storage ▼ $52.39B 28.5x 5.7x
VMRK Vivmark Residential ▼ $47.40B 22.4x 4.5x
VTR Ventas, Inc. ▼ $44.04B 162.0x 3.0x
CCI Crown Castle Inc. ▶ $35.00B 50.5x –
IRM Iron Mountain Inc ▼ $33.49B 114.8x –
EXR Extra Space Storage Inc. ▼ $30.74B 30.9x 2.3x
VICI Vici Properties Inc. ▼ $25.99B 10.4x 0.9x
SBAC Sba Communications Corp ▼ $19.84B 20.2x –
ESS Essex Property Trust, Inc. ▼ $17.32B 42.0x 3.3x
HST Host Hotels & Resorts, Inc. ▶ $16.65B 21.2x 2.6x
KIM Kimco Realty Corp ▼ $15.37B 26.6x 1.5x
LAMR Lamar Advertising Co/New ▼ $15.20B 27.4x 15.5x
WPC W. P. Carey Inc. ▼ $14.84B 22.2x 1.7x
SUI Sun Communities Inc ▼ $14.60B 10.6x 2.2x
WY Weyerhaeuser Co ▼ $14.13B 35.0x 1.5x
OHI Omega Healthcare Investors Inc ▼ $13.83B 17.1x 2.6x
NLY Annaly Capital Management Inc ▼ $13.74B 4.6x 0.8x
MAA Mid America Apartment Communities Inc. ▼ $13.65B 35.3x 2.5x
REG Regency Centers Corp ▼ $13.40B 25.1x 1.9x
AHR American Healthcare Reit, Inc. ▼ $12.41B 102.4x 3.4x
ELS Equity Lifestyle Properties Inc ▼ $11.87B 30.6x 6.7x
GLPI Gaming & Leisure Properties, Inc. ▼ $11.75B 12.2x 2.4x
UDR Udr, Inc. ▼ $11.32B 23.3x 3.5x
AMH American Homes 4 Rent ▼ $11.26B 25.9x 1.7x
EGP Eastgroup Properties Inc ▼ $10.56B 34.5x 3.0x
BXP Bxp, Inc. ▼ $9.45B 26.3x 1.8x
FRT Federal Realty Investment Trust ▼ $9.18B 18.4x 2.8x
CUBE Cubesmart ▼ $8.89B 27.3x 3.4x
CTRE Caretrust Reit, Inc. ▼ $8.64B 22.8x 1.9x
BRX Brixmor Property Group Inc. ▼ $8.49B 22.9x 2.8x
REXR Rexford Industrial Realty, Inc. ▼ $8.21B – 1.1x
NNN Nnn Reit, Inc. ▼ $7.97B 20.0x 1.8x
RHP Ryman Hospitality Properties, Inc. ▼ $7.95B 30.7x 10.6x
ADC Agree Realty Corp ▼ $7.65B 37.4x 1.2x
LINE Lineage, Inc. ▶ $7.58B – 1.0x
ARE Alexandria Real Estate Equities, Inc. ▶ $7.25B – 0.5x
STAG Stag Industrial, Inc. ▼ $6.69B 27.8x 1.9x
MAC Macerich Co ▶ $6.51B – 2.3x
VNO Vornado Realty Trust ▶ $6.15B 56.8x 1.1x
HR Healthcare Realty Trust Inc ▼ $6.06B – 1.4x
RYN Rayonier Inc ▶ $5.68B 6.3x 1.1x
EPRT Essential Properties Realty Trust, Inc. ▼ $5.64B 20.1x 1.3x
OUT Outfront Media Inc. ▼ $5.35B 26.2x 7.7x
KRG Kite Realty Group Trust ▼ $5.06B 14.8x 1.8x
SBRA Sabra Health Care Reit, Inc. ▼ $4.94B 71.6x 1.8x
PECO Phillips Edison & Company, Inc. ▼ $4.94B 34.1x 2.1x
RITM Rithm Capital Corp. ▶ $4.84B 15.8x 0.6x
STWD Starwood Property Trust, Inc. ▶ $4.61B 16.0x 0.7x
CUZ Cousins Properties Inc ▶ $4.55B 89.2x 1.0x
EPR Epr Properties ▼ $4.27B 17.6x 1.9x
KRC Kilroy Realty Corp ▼ $4.12B 19.0x 0.8x
HHH Howard Hughes Holdings Inc. ▶ $4.10B 13.4x 1.0x

Where FR sits on the market map

Real Estate & Construction · Real Estate Investment Trusts
Explore the map →
News

First Industrial Realty Trust Inc (FR) stock news

Loading...

FAQ

First Industrial Realty Trust Inc (FR) stock forecast FAQ

What is the First Industrial Realty Trust Inc (FR) stock forecast?

Our AI ranks First Industrial Realty Trust Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

How accurate are First Industrial Realty Trust Inc stock predictions?

For FR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 27.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are First Industrial Realty Trust Inc forecasts updated?

First Industrial Realty Trust Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are First Industrial Realty Trust Inc's industry peers?

60 issuers in our coverage, FR included, share the SEC industry code Real Estate Investment Trusts. The largest are: Welltower Inc. (WELL), Prologis, Inc. (PLD), Equinix Inc (EQIX), American Tower Corp /Ma/ (AMT), Simon Property Group Inc. (SPG), Digital Realty Trust, Inc. (DLR).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.