Citigroup Issues Positive Forecast for Federal Realty Investment Trust (NYSE:FRT) Stock Price

Federal Realty Investment Trust (NYSE:FRT) had its target price hoisted by investment analysts at Citigroup from $120.00 to $130.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. Citigroup’s price target would indicate a potential upside of 6.79% from the stock’s previous close.

Several other research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Federal Realty Investment Trust from $115.00 to $124.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Wells Fargo & Company lifted their target price on Federal Realty Investment Trust from $129.00 to $134.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Truist Financial increased their target price on Federal Realty Investment Trust from $112.00 to $118.00 and gave the company a “hold” rating in a research report on Friday, June 5th. UBS Group raised their price target on Federal Realty Investment Trust from $118.00 to $127.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Finally, Wolfe Research started coverage on Federal Realty Investment Trust in a report on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $128.25.

Federal Realty Investment Trust Stock Performance

Shares of NYSE:FRT traded down $1.08 during mid-day trading on Wednesday, reaching $121.74. The company had a trading volume of 286,160 shares, compared to its average volume of 878,998. The firm has a market cap of $10.52 billion, a price-to-earnings ratio of 24.58, a PEG ratio of 2.94 and a beta of 0.93. The company’s 50-day moving average price is $122.96 and its 200-day moving average price is $113.32. The company has a current ratio of 1.70, a quick ratio of 1.64 and a debt-to-equity ratio of 1.46. Federal Realty Investment Trust has a one year low of $90.03 and a one year high of $128.21.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.88). Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. The company had revenue of $338.39 million for the quarter, compared to the consensus estimate of $331.92 million. During the same quarter in the previous year, the firm posted $1.91 earnings per share. The business’s revenue for the quarter 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, equities research analysts anticipate that Federal Realty Investment Trust will post 7.53 EPS for the current fiscal year.

Hedge Funds Weigh In On Federal Realty Investment Trust

A number of large investors have recently bought and sold shares of the company. M&T Bank Corp purchased a new stake in shares of Federal Realty Investment Trust during the 4th quarter worth approximately $4,472,000. UBS Group AG boosted its holdings in shares of Federal Realty Investment Trust by 23.3% in the 4th quarter. UBS Group AG now owns 382,183 shares of the real estate investment trust’s stock valued at $38,524,000 after purchasing an additional 72,293 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Federal Realty Investment Trust by 11.1% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 436,018 shares of the real estate investment trust’s stock valued at $43,951,000 after acquiring an additional 43,685 shares in the last quarter. Farmers & Merchants Investments Inc. grew its holdings in Federal Realty Investment Trust by 42,977.6% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 21,108 shares of the real estate investment trust’s stock valued at $2,128,000 after purchasing an additional 21,059 shares in the last quarter. Finally, Oak Thistle LLC increased its position in shares of Federal Realty Investment Trust by 382.6% in the 4th quarter. Oak Thistle LLC now owns 23,756 shares of the real estate investment trust’s stock worth $2,395,000 after purchasing an additional 18,834 shares during the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

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.