Beyond The Numbers: 7 Analysts Discuss First Industrial Realty Stock
In the last three months, 7 analysts have published ratings on First Industrial Realty (NYSE:FR), offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 2 | 3 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have recently evaluated First Industrial Realty and provided 12-month price targets. The average target is $64.0, accompanied by a high estimate of $66.00 and a low estimate of $62.00. This upward trend is apparent, with the current average reflecting a 6.67% increase from the previous average price target of $60.00.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of First Industrial Realty among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Michael Lewis | Truist Securities | Raises | Buy | $66.00 | $65.00 |
| Nick Joseph | Citigroup | Raises | Neutral | $63.00 | $60.00 |
| Michael Carroll | RBC Capital | Raises | Outperform | $66.00 | $64.00 |
| Richard Anderson | Cantor Fitzgerald | Raises | Neutral | $64.00 | $58.00 |
| Ki Bin Kim | Truist Securities | Raises | Buy | $65.00 | $60.00 |
| Nicholas Yulico | Scotiabank | Raises | Sector Perform | $62.00 | $57.00 |
| Vikram Malhorta | Mizuho | Raises | Outperform | $62.00 | $56.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to First Industrial Realty. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of First Industrial Realty compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for First Industrial Realty's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into First Industrial Realty's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on First Industrial Realty analyst ratings.
Delving into First Industrial Realty's Background
First Industrial Realty Trust Inc is a real estate investment trust that owns, manages, acquires, sells, develops, and redevelops industrial real estate. Through its fully integrated operating and investing platform, the company provides facilities and customer service to multinational corporations and regional firms that are essential for their supply chains. The company serves a diverse tenant base across various sectors, including e-commerce, logistics, transportation, manufacturing, retail, consumer services, food and beverage, building materials, wholesale goods, health services, and government.
First Industrial Realty's Financial Performance
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: First Industrial Realty's remarkable performance in 3M is evident. As of 31 December, 2025, the company achieved an impressive revenue growth rate of 7.3%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 41.83%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): First Industrial Realty's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.96%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): First Industrial Realty's ROA excels beyond industry benchmarks, reaching 1.41%. This signifies efficient management of assets and strong financial health.
Debt Management: First Industrial Realty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.96.
How Are Analyst Ratings Determined?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.