
FR Stock Forecast & Price Target
FR Analyst Ratings
Bulls say
First Industrial Realty Trust Inc is poised for significant growth, as anticipated annualized accretion from recent deals is projected at $0.22 per share once stabilized, with conservative estimates showing increases of $0.07 per share in 2026 and $0.15 per share in 2027. The company's management expresses optimism regarding fundamental trends in key markets like Miami, which may facilitate new developments contingent on leasing activity at existing projects, thus enhancing occupancy rates and rental spreads. Additionally, favorable market conditions could lead to a quicker lease-up of developments and a recovery in cap rates to the 5.0% range, reflecting broad demand trends and challenges related to regulatory hurdles in construction.
Bears say
First Industrial Realty Trust Inc faces a negative outlook as key markets are experiencing a decline in rent growth, highlighting potential weaknesses in the demand for industrial real estate. The ongoing multi-year supply chain build-out from larger businesses may be at risk of deceleration should economic activity contract significantly, which could further impact occupancy rates and revenue. Additionally, while the company has reported substantial cash lease spreads of approximately 32% for 2025, projections indicate a decline to around 30% in 2026, compounded by soft market fundamentals.
This aggregate rating is based on analysts' research of First Industrial Realty Trust and is not a guaranteed prediction by Public.com or investment advice.
FR Analyst Forecast & Price Prediction
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