Brokerages Set Federal Realty Investment Trust (NYSE:FRT) PT at $128.62

Federal Realty Investment Trust (NYSE:FRTGet Free Report) has received an average rating of “Moderate Buy” from the seventeen analysts that are presently covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $128.6875.

FRT has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Federal Realty Investment Trust from $124.00 to $129.00 and gave the stock an “overweight” rating in a research note on Friday, September 4th. Barclays boosted their price objective on Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “equal weight” rating in a report on Monday, August 17th. Jefferies Financial Group raised Federal Realty Investment Trust to a “strong-buy” rating in a research report on Friday, June 26th. Citigroup increased their target price on Federal Realty Investment Trust from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Finally, Scotiabank decreased their target price on Federal Realty Investment Trust from $128.00 to $126.00 and set a “sector outperform” rating for the company in a research report on Thursday, September 17th.

Get Our Latest Stock Analysis on FRT

Federal Realty Investment Trust Trading Down 0.4%

FRT stock opened at $110.46 on Friday. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.46. Federal Realty Investment Trust has a twelve month low of $90.03 and a twelve month high of $128.21. The stock has a market capitalization of $9.54 billion, a price-to-earnings ratio of 22.32, a price-to-earnings-growth ratio of 2.73 and a beta of 0.91. The firm’s fifty day simple moving average is $119.10 and its two-hundred day simple moving average is $116.12.

Federal Realty Investment Trust (NYSE:FRTGet Free Report) last released its earnings results on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.85 by ($0.88). Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%.The firm had revenue of $335.71 million during the quarter, compared to the consensus estimate of $331.92 million. During the same quarter last year, the business posted $1.91 EPS. Federal Realty Investment Trust’s revenue was up 7.8% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. As a group, analysts anticipate that Federal Realty Investment Trust will post 7.54 earnings per share for the current year.

Federal Realty Investment Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be paid a $1.16 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $4.64 annualized dividend and a yield of 4.2%. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. Federal Realty Investment Trust’s payout ratio is 93.74%.

Institutional Investors Weigh In On Federal Realty Investment Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of Federal Realty Investment Trust during the fourth quarter worth $734,290,000. Wellington Management Group LLP purchased a new position in Federal Realty Investment Trust in the 2nd quarter worth $59,832,000. Resolution Capital Ltd raised its stake in Federal Realty Investment Trust by 10.3% in the 1st quarter. Resolution Capital Ltd now owns 3,644,575 shares of the real estate investment trust’s stock worth $387,090,000 after acquiring an additional 340,524 shares during the last quarter. First Trust Advisors LP lifted its position in Federal Realty Investment Trust by 693.9% during the 1st quarter. First Trust Advisors LP now owns 382,058 shares of the real estate investment trust’s stock worth $40,578,000 after acquiring an additional 333,931 shares during the period. Finally, Bank of America Corp DE lifted its position in Federal Realty Investment Trust by 90.2% during the 1st quarter. Bank of America Corp DE now owns 509,498 shares of the real estate investment trust’s stock worth $54,114,000 after acquiring an additional 241,684 shares during the period. Institutional investors own 93.86% of the company’s stock.

About Federal Realty Investment Trust

(Get Free Report)

Federal Realty Investment Trust is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail and mixed-use properties. Its portfolio includes shopping centers and properties that combine retail, dining, residential, office and other uses, with an emphasis on locations in affluent and densely populated communities.

The company’s properties are concentrated in major metropolitan markets along the East Coast, in California and in South Florida.

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Analyst Recommendations for Federal Realty Investment Trust (NYSE:FRT)

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