FR, US32054K1034

Wells Fargo assigns USD 66.00 target for First Industrial Realty Trust stock

Published on 10/15/2026 at 22:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 21, 2026, with the call on October 22. First Industrial Realty Trust stock costs EUR 52.25 on October 15, 2026 at Lang & Schwarz.

Analyst target and reporting date

Wells Fargo assigned a USD 66.00 target on October 14, 2026.
Third-quarter results are scheduled for October 21, 2026, with the conference call on October 22, 2026.
First Industrial Realty Trust stock costs EUR 52.25 at 10:25 p.m. CEST at Lang & Schwarz on October 15, 2026.
First Industrial Realty Trust had a market capitalization of USD 7.8 billion and a P/E ratio of 21.45.

FR, US32054K1034, Illustration mit AI erstellt.

Wells Fargo assigned a Hold rating and a USD 66.00 price target to First Industrial Realty Trust (ISIN US32054K1034) on October 14, 2026, putting the target 12.28 percent above the USD 58.78 home-market price. According to Markets Insider, analyst Blaine Heck also assigned a Hold rating. At Lang & Schwarz, the stock stood at EUR 52.25 on October 15, 2026 at 10:25 p.m. CEST.

Results date sets the next marker

First Industrial Realty Trust is scheduled to release third-quarter 2026 results after the market close on October 21, 2026, followed by a conference call on October 22, 2026. The date comes from the company investor calendar, which also identifies First Industrial as a U.S.-only owner, operator, developer and acquirer of logistics properties. Its portfolio covered 72.1 million square feet across 15 target metropolitan areas as of June 30, 2026, according to First Industrial Realty Trust.

Second-quarter figures frame valuation

For the second quarter of 2026, revenue reached USD 194.94 million, up from USD 179.82 million a year earlier, while net profit came to USD 77.1 million versus USD 55.15 million. Those figures were reported by Markets Insider for the quarter ended June 30, 2026.

The USD 58.78 home-market price sat within the 52-week range of USD 53.83 to USD 69.88 on October 15, 2026. First Industrial Realty Trust carried a market capitalization of USD 7.8 billion, a P/E ratio of 21.45 and a dividend yield of 3.00 percent on the same date. Wells Fargo's USD 66.00 target is 12.28 percent above that home-market price, while the consensus target cited by Markets Insider was USD 71.56.

Comparison with peers

First Industrial Realty Trust: P/E 21.45, market capitalization USD 7.8 billion.

Prologis (NYSE, USD): minus 2.70 percent, P/E 28.27, market capitalization USD 120.6 billion.

STAG Industrial (NYSE, USD): minus 0.53 percent, P/E 27.45, market capitalization USD 6.9 billion.

Price and investor perspective

The current euro quotation places the stock at EUR 52.25 at Lang & Schwarz on October 15, 2026 at 10:25 p.m. CEST. The next scheduled company event is the third-quarter results release on October 21, 2026.

The further course of trading is shown by the continuously updated real-time quote of First Industrial Realty Trust stock.