Federal Realty Investment Trust (NYSE:FRT) Stock Has Consensus Target Price of $125.06

Shares of Federal Realty Investment Trust (NYSE:FRT) have been given a consensus rating of “Moderate Buy” by the seventeen research firms that are currently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $125.06.

FRT has been the subject of a number of recent research reports. UBS Group dropped their target price on Federal Realty Investment Trust from $127.00 to $115.00 and set a “neutral” rating for the company in a report on Friday, October 9th. Citigroup boosted their price target on Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Weiss Ratings cut Federal Realty Investment Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, September 1st. Wolfe Research started coverage on Federal Realty Investment Trust in a research report on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their price objective on Federal Realty Investment Trust from $124.00 to $129.00 and gave the stock an “overweight” rating in a research note on Friday, September 4th.

Federal Realty Investment Trust Stock Up 0.6%

NYSE FRT opened at $106.27 on Wednesday. Federal Realty Investment Trust has a twelve month low of $90.03 and a twelve month high of $128.21. The stock has a market cap of $9.18 billion, a PE ratio of 14.34, a PEG ratio of 2.64 and a beta of 0.93. The firm has a 50-day simple moving average of $112.83 and a 200 day simple moving average of $116.28. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.70 and a current ratio of 1.70.

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

Federal Realty Investment Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were paid a $1.16 dividend. The ex-dividend date was Thursday, October 1st. This represents a $4.64 annualized dividend and a dividend yield of 4.4%. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. Federal Realty Investment Trust’s dividend payout ratio is presently 93.74%.

Insider Activity at Federal Realty Investment Trust

In other news, Director Nicole Lamb-Hale sold 1,500 shares of the company’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $108.89, for a total value of $163,335.00. Following the sale, the director owned 4,613 shares of the company’s stock, valued at approximately $502,309.57. This represents a 24.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Federal Realty Investment Trust

Institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of Federal Realty Investment Trust by 90.2% during the first quarter. Bank of America Corp DE now owns 509,498 shares of the real estate investment trust’s stock worth $54,114,000 after buying an additional 241,684 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Federal Realty Investment Trust in the first quarter valued at approximately $1,519,000. Contravisory Investment Management Inc. raised its stake in shares of Federal Realty Investment Trust by 1,175.7% in the second quarter. Contravisory Investment Management Inc. now owns 9,708 shares of the real estate investment trust’s stock valued at $1,198,000 after acquiring an additional 8,947 shares during the last quarter. Engineers Gate Manager LP bought a new position in shares of Federal Realty Investment Trust in the second quarter valued at approximately $3,350,000. Finally, Resolution Capital Ltd boosted its holdings in shares of Federal Realty Investment Trust by 10.3% in the 1st quarter. Resolution Capital Ltd now owns 3,644,575 shares of the real estate investment trust’s stock worth $387,090,000 after acquiring an additional 340,524 shares in the last quarter. 93.86% of the stock is owned by institutional investors.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust (NYSE:FRT) is a real estate investment trust that owns, operates, develops and redevelops retail and mixed-use properties. Its portfolio is focused primarily on high-quality shopping centers and properties that combine retail, dining, entertainment, office and residential uses.

Founded in 1962, Federal Realty serves densely populated and affluent communities in major metropolitan markets, including the Mid-Atlantic, Northeast, Florida and California. The company’s properties are anchored by grocery stores, specialty retailers, restaurants and other service-oriented businesses, with select developments incorporating apartments, offices and public spaces.

In addition to owning real estate, Federal Realty provides property management, leasing, development and redevelopment services designed to maintain and enhance its properties over the long term.