Federal Realty Investment Trust (NYSE:FRT) Receives $109.63 Average Price Target from Analysts

Federal Realty Investment Trust (NYSE:FRT) has been assigned a consensus rating of “Moderate Buy” from the seventeen brokerages that are covering the company, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $110.30.

Several research firms have recently weighed in on FRT. Jefferies Financial Group raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and raised their price objective for the stock from $101.00 to $115.00 in a research note on Monday, December 15th. Stifel Nicolaus set a $109.50 price target on Federal Realty Investment Trust in a research report on Thursday, December 18th. UBS Group set a $113.00 price objective on Federal Realty Investment Trust in a report on Wednesday. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $107.00 to $114.00 in a report on Thursday, December 18th. Finally, Wall Street Zen raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 27th.

Institutional Trading of Federal Realty Investment Trust

Hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank acquired a new position in Federal Realty Investment Trust during the second quarter valued at $690,507,000. AQR Capital Management LLC grew its stake in Federal Realty Investment Trust by 330.5% during the 3rd quarter. AQR Capital Management LLC now owns 841,483 shares of the real estate investment trust’s stock valued at $84,434,000 after acquiring an additional 646,036 shares in the last quarter. Rakuten Investment Management Inc. acquired a new position in shares of Federal Realty Investment Trust in the 3rd quarter valued at about $51,156,000. GRS Advisors LLC acquired a new position in shares of Federal Realty Investment Trust in the 2nd quarter valued at about $47,517,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Federal Realty Investment Trust by 453.1% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 587,687 shares of the real estate investment trust’s stock worth $59,539,000 after purchasing an additional 481,427 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT opened at $103.69 on Monday. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $111.82. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.52. The firm has a 50-day moving average of $99.55 and a two-hundred day moving average of $97.95. The company has a market capitalization of $8.95 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 3.65 and a beta of 1.01.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, beating the consensus estimate of $1.76 by $0.01. The business had revenue of $321.97 million during the quarter, compared to analyst estimates of $318.73 million. Federal Realty Investment Trust had a net margin of 27.65% and a return on equity of 11.12%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.71 earnings per share. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. As a group, analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd were paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, January 2nd. Federal Realty Investment Trust’s payout ratio is 114.72%.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.