First Industrial Realty Trust (FR) Stock Analysis & Forecast

Sep 28 close

$61.26+0.09 (+0.1%)

Gekko Brief

AI summary

First Industrial Realty Trust has drawn attention this week as industrial REITs held up better than the broader real estate sector and residential peers amid ongoing pressure across the space. Alongside this, Bank of America Corp DE disclosed a new investment of approximately $52.6 million in the company, adding to the backdrop of institutional interest, while the company also filed a routine Form DEF 14A.

FR closed at $61.26, little changed on the day, with the stock sitting between its 50-day average of $63.26 and 200-day average of $61.41, reflecting a mixed trend. Shares are down 1.8% over the past month and 3.3% over three months, though up 7.1% over six months and 19.7% over the past year. The GekkoIndex reads 64.8, placing FR in the Accumulation zone, and the current price sits 5.8% above Gekko Fair Value of $57.90.

Earnings are scheduled for 21 October 2026, 22 days out, falling within a typical 20-trading-day holding window. Smart money data shows no insider, Congress, or unusual options activity recorded in their respective windows. Seasonality over the past 5 years shows an average 20-day return of 1.3% from this point in the calendar, with gains in 3 of those years. Analyst consensus among 10 firms stands at 6 buy and 4 hold ratings, with a consensus target of $72.25.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

First Industrial Realty Trust price vs fair value

$61.26$57.90Sep ’25Mar ’26Sep ’26
Close $61.26200-day averageGekko Fair Value $57.90

First Industrial Realty Trust quick facts

Market cap
$8.12B
P/E ratio
22.2
Forward P/E
36.8
EPS, TTM
$2.75
Revenue, TTM
$760.4M
Profit margin
47.9%
Dividend yield
3.08%
Beta
1.04
Volume
1.06M avg 996,954
1-year return
+19.7%
Typical daily move
±1.5%
Typical 20-day move
±4%
50-day average
$63.26
200-day average
$61.41
Next earnings
Oct 21
Shares outstanding
132.6M
52-week range
$50.24$69.88

First Industrial Realty Trust swing-trade checklist

First Industrial Realty Trust scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $61.26 sits between the 50-day ($63.26) and 200-day ($61.41) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    64.8, Accumulation

    Reading 64.8 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valueheadwind

    5.8% above

    Price is 5.8% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 22 days

    Reports on Oct 21, 2026, 22 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +1.3% on average

    From this point in the calendar, the next 20 trading days averaged +1.3% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

First Industrial Realty Trust stock chart and price history

First Industrial Realty Trust closed at $61.26 on Sep 28, 2026, +19.7% over the past year, inside a 52-week range of $50.24 to $69.88.

Close50-day average200-day averageVolume
First Industrial Realty Trust share price, past year, with 50-day and 200-day moving averages and volume$50$55$60$65NovDecJan 2026FebMarAprMayJunJulAugSep61.26

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−1.8%
3 months
−3.3%
6 months
+7.1%
1 year
+19.7%
The full FR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FR in Gekko

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About First Industrial Realty Trust

First Industrial Realty Trust focuses on logistics real estate across the United States, working as an owner, operator, developer and acquirer of industrial properties. Its facilities are used by both multinational corporations and regional companies that rely on these spaces to keep their supply chains running. The company is recognized for its integrated approach to managing and investing in this type of property.

The business is built around a combined operating and investing platform, allowing it to handle property development alongside customer service and acquisitions in one structure. Its portfolio, including space still under development, totals roughly 71.6 million square feet concentrated in 15 target metropolitan areas as of the end of 2025. Customers span large international firms as well as smaller regional businesses that depend on industrial space for logistics purposes.

First Industrial Realty Trust was incorporated in 1993 in Maryland. Its shares trade under the ticker FR.

Sector
Finance
Website
firstindustrial.com

First Industrial Realty Trust GekkoIndex: the smart money zone

First Industrial Realty Trust’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 64.8, in the Accumulation zone, up 3.3 points over five sessions.

010064.8Accumulation

Up 3.3 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying27+0.3%+0.3%+0.7%+2.9%
Accumulation (current zone)193+0.2%+0.4%+1.0%+4.0%
Neutral375+0.2%+0.4%+0.8%+2.3%
Distribution27+0.4%+0.1%−0.6%−1.0%
Selling3Too few readings yet

Average FR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the FR price, zone by zone.Track FR in Gekko

Is First Industrial Realty Trust stock overvalued? Gekko Fair Value

First Industrial Realty Trust trades 5.8% above Gekko Fair Value of $57.90, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what First Industrial Realty Trust shares are worth, recalculated every trading day.

$57.90

Gekko Fair Value, Sep 29, 2026

5.8% Overvalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FR in Gekko

First Industrial Realty Trust insider and Congress trading

No open-market insider purchases were filed for First Industrial Realty Trust, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FR in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FR insider filing, plotted on the chart in Gekko.Open FR in Gekko

Congress trades last 90 days

No trades in FR were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FR, plotted on the chart in Gekko.Open FR in Gekko

Buybacks

First Industrial Realty Trust has been buying back its own shares.

Latest authorization
$250.0M, Mar 17, 2026
Bought back, quarter ended Sep 30, 2025
$42K
As a share of market cap
0.00%

From company filings.

Hedge funds and billionaires quarter ended Sep 30

0of the funds Gekko tracks hold FR.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

First Industrial Realty Trust earnings: next date and track record

First Industrial Realty Trust reports on Oct 21, 2026 (22 days away).

First Industrial Realty Trust stock forecast and analyst price targets

Analysts’ average 12-month price target for First Industrial Realty Trust is $72.25, +17.9% from the last close, from 10 firms rating the stock in the last 90 days.

$72.25consensus 12-month target, +17.9% from the last close
Low $66High $75
Buy6
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 10 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 1Wells FargoHold, reiterated$66+7.7%
Aug 6JefferiesBuy, maintained$73+19.2%
Jul 31RBC CapitalBuy, reiterated$75+22.4%
Jul 29Robert W. BairdBuy, maintained$74+20.8%
Jul 28J.P. MorganBuy, maintained$74+20.8%
+1.0%average 20-day move after past Accumulation readings
+1.3%average move over the next 20 trading days in the last 5 years
±1.5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

First Industrial Realty Trust seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, First Industrial Realty Trust averaged +1.3% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+8.9%2021+6.8%2022−14.6%2023−4.3%2024+9.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.1%3 of 5
Next 10 trading days−0.1%2 of 5
Next 15 trading days+1.6%3 of 5
Next 20 trading days+1.3%3 of 5
Next 30 trading days+4.9%3 of 5

For scale, FR’s typical 20-trading-day move in either direction is about 4%.

First Industrial Realty Trust market cap and key statistics

First Industrial Realty Trust’s market cap is $8.12B, with a P/E ratio of 22.2 and revenue of $760.4M over the last twelve months.

Valuation

Market cap
$8.12B
P/E ratio
22.2
Forward P/E
36.8
EPS, TTM
$2.75
Gekko Fair Value
$57.90

Trading

Volume
1.06M
Avg volume, 20 days
996,954
52-week high
$69.88
52-week low
$50.24
Shares outstanding
132.6M

Financials

Revenue, TTM
$760.4M
Profit margin
47.9%
Return on equity
13.6%
Quarterly earnings growth, YoY
+39.3%

Risk and income

Beta
1.04
Typical daily move
±1.5%
Typical 20-day move
±4%
Dividend yield
3.08%

First Industrial Realty Trust stock news this week

Coverage of First Industrial Realty Trust this week reads positive: 2 positive, 1 neutral and 0 negative headlines.

News sentiment positive

More stocks

In the Buying zone today

Reporting earnings this week

Popular on Gekko

First Industrial Realty Trust stock FAQ

What is First Industrial Realty Trust’s market cap?

First Industrial Realty Trust’s market cap is $8.12B at the Sep 28, 2026 close of $61.26, with 132.6M shares outstanding. The shares trade on a P/E ratio of 22.2.

What is the First Industrial Realty Trust stock forecast?

The consensus analyst 12-month price target for First Industrial Realty Trust is $72.25, +17.9% from the last close. Of the 10 firms that rated the stock in the last 90 days, 6 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is First Industrial Realty Trust stock overvalued or undervalued?

On Gekko’s estimate First Industrial Realty Trust is overvalued: the Sep 28, 2026 close of $61.26 is 5.8% above Gekko Fair Value of $57.90. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does First Industrial Realty Trust report earnings next?

First Industrial Realty Trust is expected to report on Oct 21, 2026 (22 days away). Analysts expect earnings of $0.47 per share on revenue of $196.3M.

What is First Industrial Realty Trust’s 52-week high and low?

First Industrial Realty Trust’s 52-week high is $69.88 and its 52-week low is $50.24; it closed at $61.26 on Sep 28, 2026, +19.7% over the past year.

Is First Industrial Realty Trust stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and seasonality), 1 as mixed (trend) and 2 as headwinds (fair value and earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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