Investment Analysts’ Weekly Ratings Updates for First Industrial Realty Trust (FR)

A number of firms have modified their ratings and price targets on shares of First Industrial Realty Trust (NYSE: FR) recently:

• 11/2/2026 – First Industrial Realty Trust had its price target lowered by Wells Fargo & Company from $66.00 to $60.00. They now have an “equal weight” rating on the stock.
• 10/30/2026 – First Industrial Realty Trust had its price target lowered by Scotiabank from $66.00 to $61.00. They now have a “sector perform” rating on the stock.
• 10/30/2026 – First Industrial Realty Trust had its price target lowered by Royal Bank Of Canada from $75.00 to $70.00. They now have an “outperform” rating on the stock.
• 10/30/2026 – First Industrial Realty Trust was downgraded by JPMorgan Chase & Co. from “overweight” to “neutral”. They now have a $60.00 price target on the stock, down from $74.00.
• 10/28/2026 – First Industrial Realty Trust had its price target lowered by Citigroup from $72.00 to $60.00. They now have a “neutral” rating on the stock.
• 10/26/2026 – First Industrial Realty Trust had its price target lowered by Cantor Fitzgerald from $71.00 to $58.00. They now have a “neutral” rating on the stock.
• 10/23/2026 – First Industrial Realty Trust had its price target lowered by The Goldman Sachs Group from $72.00 to $62.00. They now have a “neutral” rating on the stock.
• 10/23/2026 – First Industrial Realty Trust was given a new $71.00 price target by UBS Group.
• 10/23/2026 – First Industrial Realty Trust was downgraded by Raymond James Financial from “strong-buy” to “outperform”. They now have a $71.00 price target on the stock, down from $86.00.
• 10/23/2026 – First Industrial Realty Trust was downgraded by Raymond James Financial from “strong-buy” to “outperform”. They now have a $71.00 price target on the stock, down from $86.00.
• 9/8/2026 – First Industrial Realty Trust was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.

First Industrial Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 19th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.50 per share. The ex-dividend date was Wednesday, September 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.6%. First Industrial Realty Trust’s dividend payout ratio is 74.35%.

First Industrial Realty Trust, Inc (NYSE: FR) is a real estate investment trust focused on the ownership, management, acquisition, development and redevelopment of industrial properties in the United States. Its portfolio primarily serves businesses that require space for distribution, warehousing, manufacturing, light industrial operations and other logistics-related activities.

The company leases its properties to a diverse group of tenants, including retailers, manufacturers, logistics providers and third-party distribution companies.