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

Several brokerages have updated their recommendations and price targets on shares of First Industrial Realty Trust (NYSE: FR) in the last few weeks:

• 7/28/2026 – First Industrial Realty Trust had its price target raised by Citigroup Inc. from $63.00 to $72.00. They now have a “neutral” rating on the stock.
• 7/27/2026 – First Industrial Realty Trust had its price target raised by Truist Financial Corporation from $67.00 to $73.00. They now have a “buy” rating on the stock.
• 7/27/2026 – First Industrial Realty Trust had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $71.00 price target on the stock.
• 7/24/2026 – First Industrial Realty Trust had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 7/16/2026 – First Industrial Realty Trust had its price target raised by Barclays PLC from $64.00 to $69.00. They now have an “equal weight” rating on the stock.
• 6/18/2026 – First Industrial Realty Trust had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc..
• 6/17/2026 – First Industrial Realty Trust was upgraded by Raymond James Financial, Inc. to “strong-buy”.
• 6/10/2026 – First Industrial Realty Trust had its “sector weight” rating reaffirmed by KeyCorp.
• 6/1/2026 – First Industrial Realty Trust had its price target lowered by Wells Fargo & Company from $63.00 to $61.00. They now have an “equal weight” rating on the stock.

First Industrial Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Tuesday, June 30th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, June 30th. First Industrial Realty Trust’s payout ratio is currently 72.99%.

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.