Recent Research Analysts’ Ratings Changes for First Industrial Realty Trust (FR)

A number of research firms have changed their ratings and price targets for First Industrial Realty Trust (NYSE: FR):

• 2/17/2026 – First Industrial Realty Trust had its price target raised by Truist Financial Corporation from $65.00 to $66.00. They now have a “buy” rating on the stock.
• 2/17/2026 – First Industrial Realty Trust was given a new $65.00 price target by Robert W. Baird.
• 2/13/2026 – First Industrial Realty Trust was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 2/10/2026 – First Industrial Realty Trust had its price target raised by Citigroup Inc. from $60.00 to $63.00. They now have a “neutral” rating on the stock.
• 2/9/2026 – First Industrial Realty Trust had its price target raised by Royal Bank Of Canada from $64.00 to $66.00. They now have an “outperform” rating on the stock.
• 2/6/2026 – First Industrial Realty Trust had its price target raised by Cantor Fitzgerald from $58.00 to $64.00. They now have a “neutral” rating on the stock.
• 1/28/2026 – First Industrial Realty Trust had its “hold (c+)” rating reaffirmed by Weiss Ratings.
• 1/20/2026 – First Industrial Realty Trust had its price target raised by Truist Financial Corporation from $60.00 to $65.00. They now have a “buy” rating on the stock.
• 1/14/2026 – First Industrial Realty Trust had its price target raised by Scotiabank from $57.00 to $62.00. They now have a “sector perform” rating on the stock.
• 1/13/2026 – First Industrial Realty Trust had its “positive” rating reaffirmed by Barclays PLC. They now have a $64.00 price target on the stock.
• 1/8/2026 – First Industrial Realty Trust was given a new $64.00 price target by Robert W. Baird.
• 1/5/2026 – First Industrial Realty Trust had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $58.00 price target on the stock.
• 1/5/2026 – First Industrial Realty Trust was given a new $67.00 price target by iA Financial Co. Inc..
• 1/5/2026 – First Industrial Realty Trust was upgraded by Deutsche Bank Aktiengesellschaft from “hold” to “buy”. They now have a $67.00 price target on the stock.

First Industrial Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 20th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. This is an increase from First Industrial Realty Trust’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, March 31st. First Industrial Realty Trust’s payout ratio is 95.70%.

Insiders Place Their Bets

In other First Industrial Realty Trust news, CIO Johannson L. Yap sold 680 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $58.37, for a total value of $39,691.60. Following the transaction, the executive directly owned 3,770 shares of the company’s stock, valued at approximately $220,054.90. The trade was a 15.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.94% of the company’s stock.

First Industrial Realty Trust, Inc (NYSE: FR) is a publicly traded real estate investment trust focused on the ownership, operation and development of industrial real estate assets. The company specializes in light industrial, warehouse and distribution facilities that serve a broad range of end markets, including manufacturing, transportation and e-commerce. Through both acquisitions and ground-up developments, First Industrial seeks to assemble a diversified portfolio of strategically located properties that support its tenants’ supply-chain needs.

Core services provided by First Industrial include property leasing, asset management, redevelopment of obsolescent buildings and build-to-suit development for creditworthy users.