First Industrial Realty Trust 향후 성장

Future 기준 점검 0/6

First Industrial Realty Trust 의 수익은 연간 6.6% 감소할 것으로 예상되는 반면, 연간 수익은 6.7% 로 증가할 것으로 예상됩니다. EPS는 연간 9.1% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 10.2% 로 예상됩니다.

핵심 정보

-6.6%

이익 성장률

-9.11%

EPS 성장률

Industrial REITs 이익 성장	5.1%
매출 성장률	6.7%
향후 자기자본이익률	10.25%
애널리스트 커버리지	Good
마지막 업데이트	06 Aug 2026

최근 향후 성장 업데이트

Recent updates

내러티브 업데이트 • Jul 27

First Industrial Realty Trust (FR) Stock Could Be 5.2% Undervalued After Earnings Beat

First Industrial Realty Trust (FR) drew fresh attention after reporting quarterly earnings and revenue that exceeded expectations, supported by healthy leasing activity, rental growth, and demand for its logistics and warehouse focused industrial portfolio. See our latest analysis for First Industrial Realty Trust. Against this earnings backdrop, First Industrial Realty Trust’s share price has moved steadily higher, with a year to date share price return of 9.45% and a 1 year total...

내러티브 업데이트 • Jun 08

FR: Leasing Momentum, Data Centers And Buybacks Will Guide A Balanced Outlook

Analysts have made a slight trim to their price target for First Industrial Realty Trust to $66.87 from $66.93, reflecting updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Leasing momentum continues across key U.S. industrial markets, with strong tenant demand, rent growth, and a focus on speculative development, supported by data center land sales and e commerce trends as key tailwinds for the business (source: FR leasing and growth update, 2 June 2026).

내러티브 업데이트 • May 01

FR: Guidance, Buybacks And Activism Will Shape A Measured Forward Outlook

Analysts have raised their price target for First Industrial Realty Trust to about $66.93 from roughly $65.47, citing slight adjustments to discount rate assumptions, a modestly different revenue growth outlook, and a somewhat higher projected profit margin, alongside a similar future P/E expectation. What's in the News New 2026 earnings guidance points to Net Income Available to Common Stockholders and Unitholders in a range of $2.32 to $2.42 per share, providing an updated profitability reference for longer term planning (company guidance).

내러티브 업데이트 • Apr 10

FR: Buybacks, Higher Dividend And Activism Will Shape A Balanced Outlook

Analysts have nudged their price target for First Industrial Realty Trust slightly higher to about $65.47 from roughly $65.27, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News Land & Buildings Investment Management has been actively urging shareholders to vote against the re-election of Chairman Matt Dominski and Director H.

내러티브 업데이트 • Mar 27

FR: Share Repurchases And Higher Dividend Will Support A More Bullish Outlook

Analysts now set their price target for First Industrial Realty Trust at about $65.27, a slight move from roughly $65.07. This change reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E levels.

내러티브 업데이트 • Mar 12

FR: Activist Campaign And Higher Dividend Will Shape A Balanced Outlook

Analysts have nudged their price target for First Industrial Realty Trust higher to about $65.07 from roughly $64.47. This reflects updated views on its discount rate, long term revenue growth, profit margin assumptions, and expected future P/E.

내러티브 업데이트 • Feb 25

FR: Activist Pressure And Higher Dividend Will Shape A Measured Outlook

Analysts have nudged their price target on First Industrial Realty Trust higher to about $64.47, up from roughly $63.60, citing refreshed assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E that slightly adjust their long term outlook. What's in the News Issued 2026 earnings guidance, with expected net income available to common stockholders and unitholders in a range of $1.58 to $1.68 per share.

내러티브 업데이트 • Feb 10

FR: Activist Pressure And Dividend Outlook Will Shape A Measured Future

Analysts have adjusted their price target on First Industrial Realty Trust to $63.60 from $62.63. This reflects updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E multiples.

내러티브 업데이트 • Jan 25

FR: Activist Sale Pressure And Updated Assumptions Will Shape A Balanced Outlook

Analysts have lifted their fair value estimate for First Industrial Realty Trust to $62.63 from $61.13, citing updated assumptions for revenue growth, profit margin, and future P/E that modestly increase their long term return expectations for the business. What's in the News On December 4, 2025, Land and Buildings Investment Management LLC publicly urged First Industrial Realty Trust to divest certain assets and return capital to shareholders, and called for a review of potential options, including a possible sale of the company if other efforts do not narrow the gap between the share price and net asset value (Key Developments).

내러티브 업데이트 • Jan 09

FR: Activist Sale Pressure And Stable Outlook Will Shape A Balanced Future

Analysts have nudged their price target on First Industrial Realty Trust from US$60.00 to about US$61.13, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E levels. What's in the News Land and Buildings Investment Management LLC is pressuring First Industrial Realty Trust to divest assets and return capital to shareholders, and is urging a review of alternatives, including a potential sale, if these steps do not close the gap between the share price and net asset value (Key Developments).

내러티브 업데이트 • Dec 19

FR: Activist Pressure And Raised Earnings Outlook Will Shape A Balanced Outlook

Analysts have nudged their price target for First Industrial Realty Trust slightly higher, raising fair value by 0.50 dollars to 60.00 dollars as they factor in marginally stronger revenue growth and a modestly lower discount rate, while maintaining largely stable profitability expectations. What's in the News Land and Buildings Investment Management LLC launched an activist campaign on December 4, 2025, urging First Industrial Realty Trust to sell assets and return capital to shareholders, and to consider strategic alternatives, including a potential sale, if the share price discount to net asset value persists (Key Developments).

내러티브 업데이트 • Dec 05

FR: Raised Earnings Outlook Will Support Measured Fair-Value Case Going Forward

Analysts have modestly raised their price target on First Industrial Realty Trust, increasing fair value by approximately $0.38 per share to $59.50, as they factor in a slightly higher future valuation multiple that more than offsets marginally lower long term revenue growth and profit margin assumptions and a higher discount rate. What's in the News Raised 2025 earnings guidance, now expecting net income available to common stockholders and unitholders of $1.67 to $1.71 per unit, which signals improved profitability expectations (Key Developments) Valuation Changes The fair value estimate has risen slightly, moving from $59.13 to $59.50 per share, reflecting a modest uplift in intrinsic valuation.

내러티브 업데이트 • Nov 21

FR: Earnings Guidance Increase And Stable Margins Signal Balanced Outlook

Analysts have maintained their price target for First Industrial Realty Trust at $59.13 per share. This reflects continued confidence in the firm’s outlook despite minor adjustments to underlying financial assumptions.

내러티브 업데이트 • Nov 03

FR: 2025 Guidance And Resilient Margins Will Balance Uncertainties Ahead

Analysts have raised their price target for First Industrial Realty Trust from $56.94 to $59.13, citing improved profit margins and continued financial resilience as reasons for this upward revision. What's in the News The company has revised its 2025 earnings guidance to a range of $1.67 to $1.71 per unit (Key Developments).

내러티브 업데이트 • Oct 20

Overvalued Industrial REIT Will Underperform In Uncertain Markets

First Industrial Realty Trust's analyst price target has been raised from $56.33 to $56.94, as analysts cite a modestly improved profit margin outlook, even though there is a slight moderation in projected revenue growth and future earnings multiples. What's in the News Revised 2025 earnings guidance: Net Income Available to Common Stockholders and Unitholders increased from $1.67 per unit to $1.71 per unit (Key Developments) Announced an $800 million follow-on equity offering of common stock with income trust features.

Seeking Alpha • Mar 30

First Industrial: The Dividend Growth Giant That Doesn't Get Enough Attention

Summary First Industrial Realty Trust stands out among REITs, offering a well-supported dividend and consistent earnings increases over time. FR's portfolio focuses on industrial and commercial properties, ensuring stability and resilience, with a 96.2% occupancy rate and high-profile tenants like Amazon. Despite trading at a premium, FR's financial strength and consistent earnings growth justify its valuation, with a potential 10% price increase in the next year. The strong dividend coverage and ongoing developments support future earnings growth, making FR a reliable source of dividend income with potential for future raises. Read the full article on Seeking Alpha

Seeking Alpha • Dec 09

First Industrial Realty: A Top Industrial Pick With Solid Upside Potential

Summary REITs have faced challenges but now trade at attractive valuations with solid upside potential over the next 1 to 2 years. Industrial REITs, especially in Southern California, have experienced downward pressure but maintain strong fundamentals despite market volatility. First Industrial Realty Trust is a fundamentally sound industrial REIT with significant long-term upside potential. Post-election interest rate uncertainty presents opportunities for REITs, making them appealing investments in the current market environment. Read the full article on Seeking Alpha

Seeking Alpha • Nov 14

First Industrial: Still Attractive Despite Policy Risk

Summary First Industrial Realty has shown solid performance, with a 26% rise in the past year and a 12% return since my last "buy" rating. Despite strong renewal lease signings and a robust balance sheet, elevated interest rates and geopolitical risks could cap FR's upside potential. FR's 2.8% dividend yield, 7+% expected dividend growth, and strong renewal activity support a "buy" rating, targeting 10% long-term returns. Caution is warranted due to potential trade policy impacts and interest rate volatility, but FR remains positioned for solid long-term returns. Read the full article on Seeking Alpha

Seeking Alpha • Sep 08

First Industrial Realty Trust: One Of My Top Industrial REIT Picks

Summary First Industrial Realty Trust is an industrial REIT with 67.9m sq. ft. of leasable area. Rising interest rates and oversupply have pressured the industrial property sector, but signs of a market shift are emerging. Demand is improving, and construction is cooling, suggesting a future undersupply that will benefit industrial REITs like FR. Read the full article on Seeking Alpha

새로운 내러티브 • Aug 27

Leasing Focus In Volatile Markets And Speculative Developments May Stifle Growth Prospects

Focusing on leasing in improving markets with rising vacancies risks occupancy rates and revenue growth if demand doesn't match new supply.

Seeking Alpha • Jul 24

First Industrial Realty Trust Sets The Ground For The Upcoming Upside

Summary First Industrial Realty released strong Q2 2024 results, delivering solid FFO per share growth. FR showcased robust investment & deal activity during the recent quarter, setting the ground for the upcoming upside. The Company is likely to benefit greatly from the upcoming shift in market conditions. There's still room for upside resulting from the multiple appreciation. Read the full article on Seeking Alpha

Seeking Alpha • Jul 09

First Industrial: Recent Volatility Makes Them More Attractive Compared To Peers

Summary First Industrial is a quality REIT with a long operating history, focusing on logistics properties in supply-constrained markets. Despite missing Q1 FFO estimates, they expect to FFO and revenue growth of 7.4% and 3.2% respectively in their upcoming Q2. The recent dip in share price presents a buying opportunity, with a price target of $59 and potential for 23% upside. Their balance sheet is also solid with no debt maturing until 2026, putting them in a comfortable position to continue growth. Their dividend is also well-covered with a forward FFO payout ratio of 57%. Read the full article on Seeking Alpha

Seeking Alpha • Jun 20

First Industrial Looks Buyable As Market Conditions Improve

Summary Industrial REITs face challenges due to high supply and low demand, leading to increased vacancy rates and disparity between buyers' and sellers' expectations. However, the market conditions will shift due to significantly decreased new construction starts. FR is well-positioned to benefit from the improvement in market conditions, with no debt maturities until 2026, vast land bank, and solid business metrics. Moreover, the Company offers well-covered, dynamically growing dividends and has an upside potential resulting from the multiple appreciation. Read the full article on Seeking Alpha

이익 및 매출 성장 예측

NYSE:FR - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)
날짜	매출	이익	자유현금흐름	영업현금흐름	평균 애널리스트 수
12/31/2028	896	287	N/A	496	7
12/31/2027	841	261	N/A	477	10
12/31/2026	786	344	N/A	436	9
6/30/2026	760	364	449	449	N/A
3/31/2026	745	342	462	462	N/A
12/31/2025	728	247	461	461	N/A
9/30/2025	714	237	416	416	N/A
6/30/2025	701	271	397	397	N/A
3/31/2025	686	267	379	379	N/A
12/31/2024	672	287	352	352	N/A
9/30/2024	656	308	340	340	N/A
6/30/2024	644	284	319	319	N/A
3/31/2024	632	287	297	297	N/A
12/31/2023	618	275	305	305	N/A
9/30/2023	604	267	305	305	N/A
6/30/2023	587	316	308	308	N/A
3/31/2023	564	378	421	421	N/A
12/31/2022	655	359	411	411	N/A
9/30/2022	517	391	416	416	N/A
6/30/2022	498	310	407	407	N/A
3/31/2022	485	245	285	285	N/A
12/31/2021	476	271	267	267	N/A
9/30/2021	467	240	247	247	N/A
6/30/2021	462	234	241	241	N/A
3/31/2021	454	217	242	242	N/A
12/31/2020	448	196	240	240	N/A
9/30/2020	448	209	245	245	N/A
6/30/2020	439	251	243	243	N/A
3/31/2020	433	255	N/A	244	N/A
12/31/2019	426	238	N/A	246	N/A
9/30/2019	420	192	N/A	250	N/A
6/30/2019	413	145	N/A	237	N/A
3/31/2019	408	150	N/A	215	N/A
12/31/2018	404	163	N/A	210	N/A
9/30/2018	401	210	N/A	195	N/A
6/30/2018	400	222	N/A	192	N/A
3/31/2018	399	214	N/A	189	N/A
12/31/2017	396	201	N/A	193	N/A
9/30/2017	392	127	N/A	194	N/A
6/30/2017	387	115	N/A	193	N/A
3/31/2017	382	128	N/A	187	N/A
12/31/2016	378	121	N/A	174	N/A
9/30/2016	373	141	N/A	169	N/A
6/30/2016	372	123	N/A	162	N/A
3/31/2016	369	87	N/A	161	N/A
12/31/2015	366	74	N/A	162	N/A
9/30/2015	363	37	N/A	162	N/A

애널리스트 향후 성장 전망

수입 대 저축률: FR 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -6.6%).

수익 vs 시장: FR 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -6.6%).

고성장 수익: FR 의 수익은 향후 3년간 감소할 것으로 예상됩니다.

수익 대 시장: FR 의 수익(연간 6.7%)이 US 시장(연간 13%)보다 느리게 성장할 것으로 예상됩니다.

고성장 매출: FR 의 수익(연간 6.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: FR의 자본 수익률은 3년 후 10.2%로 낮을 것으로 예상됩니다.

성장 기업 찾아보기

기업 분석 및 재무 데이터 상태

데이터	최종 업데이트 (UTC 시간)
기업 분석	2026/08/16 13:44
종가	2026/08/14 00:00
수익	2026/06/30
연간 수익	2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지	데이터	기간	미국 소스 예시 ^*
기업 재무제표	10년	손익계산서 현금흐름표 대차대조표	SEC 양식 10-K SEC 양식 10-Q
분석가 컨센서스 추정치	+3년	재무 예측 분석가 목표주가	분석가 리서치 보고서 Blue Matrix
시장 가격	30년	주가 배당, 분할 및 기타 조치	ICE 시장 데이터 SEC 양식 S-1
지분 구조	10년	주요 주주 내부자 거래	SEC 양식 4 SEC 양식 13D
경영진	10년	리더십 팀 이사회	SEC 양식 10-K SEC 양식 DEF 14A
주요 개발	10년	회사 공시	SEC 양식 8-K

^* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

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산업 및 섹터 지표

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분석가 소스

First Industrial Realty Trust, Inc.는 27명의 분석가가 다루고 있습니다. 이 중 10명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가	기관
Nicholas Thillman	Baird
Anthony Powell	Barclays
Brendan Lynch	Barclays

First Industrial Realty Trust 향후 성장

Future 기준 점검 0/6

핵심 정보

최근 향후 성장 업데이트

Consensus EPS estimates increase by 13%

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2026

First Industrial Realty Trust, Inc. Revises Earnings Guidance for the Year 2025

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2025

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Fiscal 2025

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2024

Recent updates

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending September 30, 2026, Payable on October 19, 2026

Consensus EPS estimates increase by 13%

FR: Leasing Momentum And Steady Execution Will Support A Balanced Outlook

First Industrial Realty Trust Fully Leases 708,000 Sq. Ft. Facility and Lifts 2026 Guidance

Second quarter 2026 earnings: EPS exceeds analyst expectations

First Industrial Realty: Strong Fundamentals But Expensive (Rating Downgrade)

First Industrial Realty Trust, Inc. to Report Q2, 2026 Results on Jul 22, 2026

Upcoming dividend of US$0.50 per share

FR: Leasing Tailwinds And Activist Pressure Will Shape A Balanced Outlook

First Industrial Realty Trust (FR) Stock Could Be 5.2% Undervalued After Earnings Beat

FR: Leasing Momentum, Data Centers And Buybacks Will Guide A Balanced Outlook

First Industrial Realty Trust Raises Guidance and Buyback After Strong Q1 and Board Expansion

First quarter dividend of US$0.50 announced

First Industrial Realty Trust, Inc. announces Quarterly dividend, payable on July 20, 2026

FR: Guidance, Buybacks And Activism Will Shape A Measured Forward Outlook

First quarter 2026 earnings: EPS and revenues exceed analyst expectations

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2026

Land & Buildings Responds to First Industrial’s Shareholder Letter

FR: Buybacks, Higher Dividend And Activism Will Shape A Balanced Outlook

First Industrial Realty Trust, Inc. to Report Q1, 2026 Results on Apr 22, 2026

Land & Buildings Investment Sends Letter to First Industrial Realty Trust

FR: Share Repurchases And Higher Dividend Will Support A More Bullish Outlook

Upcoming dividend of US$0.50 per share

First Industrial Realty Trust, Inc., Annual General Meeting, Apr 30, 2026

First Industrial Realty Trust, Inc. Appoints Frank E. Schmitz to Board of Directors, Effective June 1, 2026

FR: Activist Campaign And Higher Dividend Will Shape A Balanced Outlook

Land & Buildings Issues Letter to First Industrial Realty Shareholders

Land & Buildings Issues Letter to Shareholders of First Industrial Realty Trust

FR: Activist Pressure And Higher Dividend Will Shape A Measured Outlook

FR: Activist Pressure And Dividend Outlook Will Shape A Measured Future

Fourth quarter dividend increased to US$0.50

Full year 2025 earnings: EPS exceeds analyst expectations

New minor risk - Earnings quality

First Industrial Realty Trust, Inc. Declares Dividend for the Quarter Ending March 31, 2026, Payable on April 20, 2026

FR: Activist Sale Pressure And Updated Assumptions Will Shape A Balanced Outlook

FR: Activist Sale Pressure And Stable Outlook Will Shape A Balanced Future

First Industrial Realty Trust, Inc. to Report Q4, 2025 Results on Feb 04, 2026

Upcoming dividend of US$0.45 per share

FR: Activist Pressure And Raised Earnings Outlook Will Shape A Balanced Outlook

Land & Buildings Issues Presentation Detailing First Industrial’s Underappreciated Portfolio Quality and Substantial Discount to NAV

FR: Raised Earnings Outlook Will Support Measured Fair-Value Case Going Forward

FR: Earnings Guidance Increase And Stable Margins Signal Balanced Outlook

FR: 2025 Guidance And Resilient Margins Will Balance Uncertainties Ahead

Third quarter dividend of US$0.45 announced

Now 20% undervalued

First Industrial Realty Trust Declares Common Stock Dividends for the Quarter Ending December 31, 2025, Payable on January 20, 2026

Overvalued Industrial REIT Will Underperform In Uncertain Markets

Third quarter 2025 earnings: EPS exceeds analyst expectations

First Industrial Realty Trust, Inc. Revises Earnings Guidance for the Year 2025

Upcoming dividend of US$0.45 per share

First Industrial Realty Trust, Inc. to Report Q3, 2025 Results on Oct 15, 2025

First Industrial Realty Trust, Inc. has filed a Follow-on Equity Offering in the amount of $800 million.

Second quarter dividend of US$0.45 announced

First Industrial Realty Trust Declares Common Stock Dividends for the Quarter Ending September 30, 2025, Payable on October 20, 2025

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2025

First Industrial Realty Trust, Inc. to Report Q2, 2025 Results on Jul 16, 2025

Upcoming dividend of US$0.45 per share

First quarter dividend of US$0.45 announced

First Industrial Realty Trust, Inc. Declares Common Stock Dividends for the Quarter Ending June 30, 2025, Payable on July 21, 2025

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Fiscal 2025

First quarter 2025 earnings: EPS misses analyst expectations

First Industrial Realty Trust, Inc. (NYSE:FR) acquired 2 Buildings Totaling 796,000 Square Feet in Phoenix for $120 million.

Investor sentiment deteriorates as stock falls 16%

First Industrial: The Dividend Growth Giant That Doesn't Get Enough Attention

First Industrial Realty Trust, Inc. to Report Q1, 2025 Results on Apr 16, 2025

Upcoming dividend of US$0.45 per share

First Industrial Realty Trust, Inc., Annual General Meeting, Apr 30, 2025

Fourth quarter dividend of US$0.45 announced