Federal Realty Investment Trust (NYSE:FRT) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Federal Realty Investment Trust (NYSE:FRT) have received an average recommendation of “Moderate Buy” from the seventeen brokerages that are currently covering the stock, MarketBeat reports. Seven research 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 12 month price objective among analysts that have issued a report on the stock in the last year is $127.25.

A number of research analysts recently weighed in on FRT shares. Wells Fargo & Company lifted their price objective on shares of Federal Realty Investment Trust from $129.00 to $134.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Piper Sandler increased their target price on shares of Federal Realty Investment Trust from $127.00 to $149.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Wolfe Research initiated coverage on shares of Federal Realty Investment Trust in a research report on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 price target for the company. UBS Group set a $117.00 price target on shares of Federal Realty Investment Trust in a research note on Thursday. Finally, Bank of America upped their price objective on Federal Realty Investment Trust from $128.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, June 29th.

Federal Realty Investment Trust Stock Performance

Shares of Federal Realty Investment Trust stock opened at $110.45 on Friday. The firm has a market cap of $9.54 billion, a PE ratio of 22.31, a price-to-earnings-growth ratio of 2.72 and a beta of 0.91. 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 52 week low of $90.03 and a 52 week high of $128.21. The business’s fifty day simple moving average is $118.00 and its 200-day simple moving average is $116.11.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Friday, July 31st. The real estate investment trust reported $0.97 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 for the quarter, compared to analysts’ expectations of $331.92 million. During the same quarter in the prior year, the business earned $1.91 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. Equities analysts forecast that Federal Realty Investment Trust will post 7.54 earnings per share for the current year.

Federal Realty Investment Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a dividend of $1.16 per share. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. The ex-dividend date is Thursday, October 1st. This represents a $4.64 annualized dividend and a yield of 4.2%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 91.31%.

Institutional Investors Weigh In On Federal Realty Investment Trust

A number of large investors have recently modified their holdings of FRT. SJS Investment Consulting Inc. lifted its position in shares of Federal Realty Investment Trust by 72.4% during the 1st quarter. SJS Investment Consulting Inc. now owns 362 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 152 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in Federal Realty Investment Trust by 64.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 370 shares of the real estate investment trust’s stock valued at $46,000 after buying an additional 145 shares during the last quarter. Kingdom Financial Group LLC. purchased a new position in Federal Realty Investment Trust in the fourth quarter valued at $57,000. Contravisory Investment Management Inc. purchased a new position in Federal Realty Investment Trust in the first quarter valued at $81,000. Finally, Global Retirement Partners LLC raised its stake in Federal Realty Investment Trust by 132.4% in the fourth quarter. Global Retirement Partners LLC now owns 804 shares of the real estate investment trust’s stock valued at $81,000 after buying an additional 458 shares in the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

About Federal Realty Investment Trust

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.