First Industrial Realty Trust, (FR) Stock Analysis
Range Bound setup
Real Estate · REIT - Industrial
Hold if already holding. Not a fresh buy at $61.26, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.7% away).
First Industrial Realty Trust is an industrial REIT owning 414 properties (~69.9M sq ft GLA) across 19 US states, focused on 15 key logistics markets. Revenue is generated from net leases on industrial and warehouse properties, with California (Northern and Southern) and... Read more
Hold if already holding. Not a fresh buy at $61.26, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.7% away). Chart setup: RSI 52 mid-range, Bollinger mid-band. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 6.0/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news boost analyst 0.50, earnings proximity 64d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent Developments — First Industrial Realty Trust,
Latest news
- Is First Industrial Realty Trust Stock Worth Watching Now - Kalkine Media — Kalkine Media positive
- M&T Bank Corp Makes New Investment in First Industrial Realty Trust, Inc. $FR - MarketBeat — MarketBeat positive
- First Industrial Realty Trust (FR) Lags Q1 FFO Estimates - Yahoo Finance — Yahoo Finance negative
- Is First Industrial Realty Trust (FR) 3.5% Overvalued After a Q1 - GuruFocus — GuruFocus neutral
- First Industrial Realty Trust (NYSE:FR) Issues Earnings Results, Beats Estimates By $0.79 EPS - MarketBeat — MarketBeat positive
Generated 2026-05-20T20:21:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMGeographicCalifornia26%10-K Item 1A: 'operating properties located in California (Northern California and Southern California markets) and Pennsylvania, our two largest regions, represented 26.3% and 11.4%, respectively, of our consolidated net operating income'
- LOWGeographicPennsylvania11%10-K Item 1A: 'operating properties located in California (Northern California and Southern California markets) and Pennsylvania, our two largest regions, represented 26.3% and 11.4%, respectively, of our consolidated net operating income'
Material Events(8-K, last 90d)
- 2026-03-27Item 5.02LOWBoard ratified 2026 Employee Bonus Plan criteria on March 25, 2026, based on NAREIT FFO per share, same-store NOI growth, and discretionary objectives. No officer departures reported.SEC filing →
- 2026-03-17Item 5.02LOWFrank E. Schmitz elected to Board effective June 1, 2026 to fill vacancy created by Board expansion from 6 to 7 members. Will serve until 2027 annual meeting.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 floor-breaker
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $61.26, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.7% away). Chart setup: RSI 52 mid-range, Bollinger mid-band. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Target $63.33 (+3.4%), stop $59.64 (−2.7%), A.R:R -0.4:1. Score 6.0/10, moderate confidence.
Take-profit target: $63.33 (+2.7% upside). Target $63.33 (+3.4%), stop $59.64 (−2.7%), A.R:R -0.4:1. Stop-loss: $59.64.
Analyst target reached - limited upside remaining; Near 52-week high (4.7% away); Sector modifier (Real Estate): -1.2.
First Industrial Realty Trust, trades at a P/E of 23.8 (forward 33.1). TrendMatrix value score: 3.5/10. Verdict: Hold.
25 analysts cover FR with a consensus score of 3.8/5. Average price target: $67.
What does First Industrial Realty Trust, do?First Industrial Realty Trust is an industrial REIT owning 414 properties (~69.9M sq ft GLA) across 19 US states,...
First Industrial Realty Trust is an industrial REIT owning 414 properties (~69.9M sq ft GLA) across 19 US states, focused on 15 key logistics markets. Revenue is generated from net leases on industrial and warehouse properties, with California (Northern and Southern) and Pennsylvania as the two largest geographic concentrations.