Brokerages Set Federal Realty Investment Trust (NYSE:FRT) Price Target at $107.96

Federal Realty Investment Trust (NYSE:FRT) has received an average rating of “Hold” from the sixteen research firms that are covering the firm, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $107.9643.

Several research firms have weighed in on FRT. Stifel Nicolaus set a $104.50 price target on Federal Realty Investment Trust in a research note on Friday, October 31st. Mizuho upped their target price on shares of Federal Realty Investment Trust from $96.00 to $100.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft set a $105.00 target price on shares of Federal Realty Investment Trust and gave the company a “hold” rating in a research note on Tuesday, October 7th. Wall Street Zen cut shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Federal Realty Investment Trust in a research report on Wednesday, October 8th.

Institutional Trading of Federal Realty Investment Trust

Several hedge funds have recently modified their holdings of the company. Hilltop National Bank purchased a new position in shares of Federal Realty Investment Trust in the second quarter valued at $28,000. GKV Capital Management Co. Inc. bought a new position in Federal Realty Investment Trust during the first quarter valued at $30,000. Spire Wealth Management lifted its position in Federal Realty Investment Trust by 365.3% during the second quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 263 shares during the last quarter. Federated Hermes Inc. grew its stake in shares of Federal Realty Investment Trust by 143.9% in the 1st quarter. Federated Hermes Inc. now owns 339 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 200 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Federal Realty Investment Trust in the 3rd quarter worth about $35,000. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Trading Up 0.3%

Shares of FRT stock opened at $98.66 on Friday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.14 and a current ratio of 2.14. The stock has a fifty day simple moving average of $98.14 and a two-hundred day simple moving average of $96.76. The firm has a market capitalization of $8.51 billion, a PE ratio of 24.98, a PEG ratio of 3.78 and a beta of 1.14. Federal Realty Investment Trust has a 52-week low of $80.65 and a 52-week high of $118.09.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.01. Federal Realty Investment Trust had a return on equity of 11.19% and a net margin of 28.01%.The firm had revenue of $321.97 million during the quarter, compared to analyst estimates of $318.73 million. During the same quarter in the prior year, the company posted $1.71 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. On average, analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 4.6%. The ex-dividend date is Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 114.72%.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.