Federal Realty Investment Trust (NYSE:FRT) Receives Average Recommendation of “Moderate Buy” from Brokerages

Federal Realty Investment Trust (NYSE:FRT) has been given a consensus recommendation of “Moderate Buy” by the eighteen ratings firms that are presently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $128.4375.

A number of equities research analysts recently weighed in on the stock. Scotiabank boosted their price objective on shares of Federal Realty Investment Trust from $118.00 to $128.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Truist Financial increased their price objective on shares of Federal Realty Investment Trust from $112.00 to $118.00 and gave the stock a “hold” rating in a report on Friday, June 5th. Bank of America boosted their target price on shares of Federal Realty Investment Trust from $128.00 to $131.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Evercore set a $122.00 target price on shares of Federal Realty Investment Trust in a research report on Tuesday, July 7th. Finally, Raymond James Financial restated an “outperform” rating and issued a $135.00 price target on shares of Federal Realty Investment Trust in a research note on Monday, June 29th.

Federal Realty Investment Trust Price Performance

Shares of FRT stock opened at $116.95 on Tuesday. The firm has a fifty day moving average of $121.51 and a two-hundred day moving average of $115.21. The firm has a market cap of $10.10 billion, a P/E ratio of 23.63, a P/E/G ratio of 2.87 and a beta of 0.93. Federal Realty Investment Trust has a 1-year low of $90.03 and a 1-year high of $128.21. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.70 and a quick ratio of 1.70.

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

Federal Realty Investment Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be issued a $1.16 dividend. This is a positive change from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $4.64 dividend on an annualized basis and a yield of 4.0%. Federal Realty Investment Trust’s dividend payout ratio is currently 91.31%.

Institutional Trading of Federal Realty Investment Trust

Several large investors have recently added to or reduced their stakes in FRT. Corient Private Wealth LP lifted its holdings in Federal Realty Investment Trust by 66.7% in the second quarter. Corient Private Wealth LP now owns 30,027 shares of the real estate investment trust’s stock worth $3,707,000 after purchasing an additional 12,013 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Federal Realty Investment Trust during the second quarter valued at approximately $1,580,000. California State Teachers Retirement System raised its holdings in Federal Realty Investment Trust by 11,573.0% during the second quarter. California State Teachers Retirement System now owns 11,168,728 shares of the real estate investment trust’s stock worth $1,378,668,000 after purchasing an additional 11,073,048 shares in the last quarter. HB Wealth Management LLC raised its holdings in Federal Realty Investment Trust by 8.7% during the second quarter. HB Wealth Management LLC now owns 6,039 shares of the real estate investment trust’s stock worth $745,000 after purchasing an additional 482 shares in the last quarter. Finally, Compass Financial Management LLC acquired a new stake in shares of Federal Realty Investment Trust in the second quarter valued at $226,000. 93.86% of the stock is currently 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.