FIRST CAPITAL REAL ESTATE IN (FCR-UN.CA) Forecast, Price Target & Analyst Ratings

Q: What do analysts expect the price target to be for FIRST CAPITAL REAL ESTATE IN (FCR-UN.CA)?

14 analysts have analysed FCR-UN.CA and the average price target is 22.95 CAD. This implies a price increase of 8.97% is expected in the next year compared to the current price of 21.06.

TSX:FCR-UN • CA31890B1031

21.06 CAD

-0.16 (-0.75%)

Last: Apr 9, 2026, 07:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FIRST CAPITAL REAL ESTATE IN (FCR-UN.CA).

Consensus Price Target

Price Target

CA$22.95

+ 8.97% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: May 4, 2026

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

74.29%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

CA$22.95

Upside

+ 8.97%

From current price of CA$21.06 to mean target of CA$22.95, Based on 14 analyst forecasts

Low

CA$19.19

Median

CA$23.21

High

CA$25.20

Price Target Revisions

1 Month

0.90%

3 Months

4.53%

Price Target Summary

14 Wall Street analysts provided a forecast for the next 12 months for FCR-UN.CA. The average price target is 22.95 CAD. This implies a price increase of 8.97% is expected in the next year compared to the current price of 21.06.

The average price target has been revised upward by 4.53% in the past 3 months.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

74.29%

FCR-UN.CA was analyzed by 14 analysts. The buy percentage consensus is at 74. So analysts seem to be have mildly positive about FCR-UN.CA.

In the previous month the buy percentage consensus was at a similar level.

FCR-UN.CA was analyzed by 14 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2022-11-03	TD Research	Maintains	Action List Buy
2022-11-03	CIBC Capital Markets	Downgrade	Outperform
2022-11-03	Scotiabank Capital	Maintains	Sector Perform
2022-11-02	Canaccord Capital	Upgrade
2022-11-02	Scotiabank Capital	Maintains	Sector Perform
2022-10-24	National Bank of Canada Financial	Downgrade
2022-10-20	TD Research	Downgrade	Strong Buy
2022-09-16	Scotiabank Capital	Maintains	Sector Perform
2022-08-02	National Bank of Canada Financial	Upgrade
2022-07-28	Scotiabank Capital	Maintains	Sector Perform
2022-06-27	CIBC Capital Markets	Downgrade	Outperform
2022-05-17	Scotiabank Capital	Maintains	Sector Perform
2022-05-05	RBC Royalbank	Downgrade	Outperform
2022-05-05	BMO Financial	Downgrade	Outperform
2022-05-05	Scotiabank Capital	Downgrade	Sector Perform
2022-05-04	Scotiabank Capital	Maintains	Sector Perform
2022-04-27	National Bank of Canada Financial	Downgrade	Sector Perform
2022-02-11	National Bank of Canada Financial	Upgrade	Sector Perform
2022-02-09	Scotiabank Capital	Maintains	Sector Perform
2022-01-05	TD Research	Upgrade	Buy
2021-11-30	RBCRoyalBank	Maintains	Outperform
2021-11-04	TDNewcrest	Upgrade	Action List Buy
2021-11-04	CM Bank	Upgrade	Outperform
2021-11-03	RY Bank	Maintains	Outperform
2021-11-03	Sbank	Maintains	Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date: May 4, 2026

Next Earnings Revisions

Revenue (1 Month)

N/A

Revenue (3 Months)

N/A

EPS (1 Month)

N/A

EPS (3 Months)

N/A

Next Earnings Summary

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Full Analyst Estimates 2026 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

	2023	2024	2025	2026	2027
Revenue YoY % growth	687.981M -0.74%	713.524M 3.71%	731.237M 2.48%	764.62M 4.57%	782.17M 2.30%
EBITDA YoY % growth	383.046M -1.37%	411.828M 7.51%	406.245M -1.36%	441.52M 8.68%	452.49M 2.48%
EBIT YoY % growth	379.149M -0.92%	409.261M 7.94%	403.733M -1.35%	N/A	N/A
Operating Margin	55.11%	57.36%	55.21%	N/A	N/A
EPS YoY % growth	N/A -75.76%	N/A 195.69%	N/A 17.12%	1.31	1.37 4.62%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates


EPS Q2Q % growth
Revenue Q2Q % growth
EBITDA Q2Q % growth
EBIT Q2Q % growth

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

N/A

EPS Next 5 Year

N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

N/A

Revenue Next 5 Year

N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

FIRST CAPITAL REAL ESTATE IN / FCR-UN.CA Forecast FAQ

What do analysts expect the price target to be for FIRST CAPITAL REAL ESTATE IN (FCR-UN.CA)?

14 analysts have analysed FCR-UN.CA and the average price target is 22.95 CAD. This implies a price increase of 8.97% is expected in the next year compared to the current price of 21.06.

When does FIRST CAPITAL REAL ESTATE IN (FCR-UN.CA) report earnings?

FIRST CAPITAL REAL ESTATE IN (FCR-UN.CA) will report earnings on 2026-05-04.

Analyst forecast overview

Forecast Snapshot