Wells Fargo & Company Raises Federal Realty Investment Trust (NYSE:FRT) Price Target to $120.00

Federal Realty Investment Trust (NYSE:FRT) had its target price increased by research analysts at Wells Fargo & Company from $113.00 to $120.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price points to a potential upside of 13.16% from the company’s current price.

Several other equities research analysts have also commented on the company. JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their target price for the company from $107.00 to $114.00 in a report on Thursday, December 18th. UBS Group set a $113.00 price target on Federal Realty Investment Trust in a research report on Wednesday, January 14th. Wall Street Zen upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. Piper Sandler lifted their target price on shares of Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Finally, Truist Financial upped their target price on shares of Federal Realty Investment Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a report on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.60.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT traded up $0.49 during trading on Thursday, hitting $106.04. The company had a trading volume of 48,276 shares, compared to its average volume of 799,514. The firm has a market capitalization of $9.15 billion, a price-to-earnings ratio of 22.73, a price-to-earnings-growth ratio of 4.69 and a beta of 0.99. The stock has a fifty day simple moving average of $104.93 and a two-hundred day simple moving average of $101.13. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.57. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $110.89.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.86 by ($0.38). The company had revenue of $336.05 million for the quarter, compared to analyst estimates of $327.65 million. Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the company earned $1.73 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. On average, research analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Institutional Trading of Federal Realty Investment Trust

Hedge funds and other institutional investors have recently modified their holdings of the stock. Park Square Financial Group LLC acquired a new position in shares of Federal Realty Investment Trust during the 4th quarter valued at about $25,000. Turning Point Benefit Group Inc. increased its position in Federal Realty Investment Trust by 1,853.8% during the fourth quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 241 shares during the last quarter. True Wealth Design LLC raised its stake in Federal Realty Investment Trust by 88.7% during the fourth quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 126 shares during the period. Private Trust Co. NA raised its stake in Federal Realty Investment Trust by 937.5% during the fourth quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 300 shares during the period. Finally, Advisory Services Network LLC acquired a new position in Federal Realty Investment Trust in the 3rd quarter valued at about $35,000. 93.86% of the stock is owned by institutional investors and hedge funds.

About Federal Realty Investment Trust

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.