First Industrial Realty Trust, (FR) Stock Analysis
Range Bound setup
Real Estate · REIT - Industrial
Wait for pullback to $58.90. Weak momentum — blocks BUY_NOW at $61.51. Engine's entry $58.90 (Support Atr Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (4.9% away).
First Industrial Realty Trust is a self-administered industrial REIT with 414 in-service properties totaling approximately 69.9 million square feet of GLA in 19 states, focused on 15 key U.S. logistics markets as of December 31, 2025. Revenue is generated from long-term... Read more
Wait for pullback to $58.90. Weak momentum — blocks BUY_NOW at $61.51. Engine's entry $58.90 (Support Atr Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (4.9% away). Chart setup: RSI 55 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.0/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 82d clear, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMGeographicCalifornia26%10-K Item 1A: 'operating properties located in California ... represented 26.3% ... of our consolidated net operating income for the year ended December 31, 2025'
- LOWGeographicPennsylvania11%10-K Item 1A: 'Pennsylvania ... 11.4%, respectively, of our consolidated net operating income for the year ended December 31, 2025'
Material Events(8-K, last 90d)
- 2026-03-27Item 5.02LOWBoard ratified 2026 Employee Bonus Plan criteria on March 25, 2026, establishing incentive pool for eligible employees including CEO and senior executive officers based on FFO per share, SS NOI growth, and discretionary objectives.SEC filing →
- 2026-03-17Item 5.02LOWFrank E. Schmitz elected to First Industrial Realty Trust Board effective June 1, 2026, filling vacancy created by Board expansion from six to seven members. Will serve until the 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
Wait for pullback to $58.90. Weak momentum — blocks BUY_NOW at $61.51. Engine's entry $58.90 (Support Atr Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (4.9% away). Chart setup: RSI 55 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $63.37 (+3.0%), stop $56.23 (−9.4%), Setup A.R:R 2.0:1. Score 6.0/10, moderate confidence.
Take-profit target: $63.37 (+8.4% upside). Target $63.37 (+3.0%), stop $56.23 (−9.4%), Setup A.R:R 2.0:1. Stop-loss: $56.23.
Analyst target reached - limited upside remaining; Near 52-week high (4.9% away); Expensive valuation.
First Industrial Realty Trust, trades at a P/E of 23.9 (forward 33.5). TrendMatrix value score: 3.5/10. Verdict: Buy (Wait for Entry).
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 a self-administered industrial REIT with 414 in-service properties totaling...
First Industrial Realty Trust is a self-administered industrial REIT with 414 in-service properties totaling approximately 69.9 million square feet of GLA in 19 states, focused on 15 key U.S. logistics markets as of December 31, 2025. Revenue is generated from long-term industrial leases to commercial tenants. The REIT pursues internal growth through rent escalations and external growth through development and acquisition in logistics-constrained markets.