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

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

• 1/8/2026 – First Industrial Realty Trust was given a new $64.00 price target on by analysts at Robert W. Baird.
• 1/5/2026 – First Industrial Realty Trust had its “neutral” rating reaffirmed by analysts at 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 on by analysts at Industrial Alliance Securities.
• 1/5/2026 – First Industrial Realty Trust was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating. They now have a $67.00 price target on the stock.
• 12/4/2025 – First Industrial Realty Trust was given a new $62.00 price target on by analysts at UBS Group AG.
• 12/4/2025 – First Industrial Realty Trust had its price target raised by analysts at Mizuho from $56.00 to $62.00. They now have an “outperform” rating on the stock.
• 11/10/2025 – First Industrial Realty Trust had its price target raised by analysts at Scotiabank from $54.00 to $57.00. They now have a “sector perform” rating on the stock.

First Industrial Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 20th. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, December 31st. First Industrial Realty Trust’s payout ratio is presently 99.44%.

Insider Activity

In related news, CIO Johannson L. Yap sold 680 shares of the firm’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 transaction of $39,691.60. Following the completion of the transaction, the executive owned 3,770 shares in the company, valued at $220,054.90. This trade represents a 15.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.06% 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.