Federal Realty Investment Trust (NYSE:FRT) Sees Large Drop in Short Interest

Federal Realty Investment Trust (NYSE:FRT) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 2,626,721 shares, a decrease of 18.7% from the March 31st total of 3,230,635 shares. Currently, 3.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,112,361 shares, the short-interest ratio is presently 2.4 days.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on FRT shares. Weiss Ratings raised Federal Realty Investment Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Mizuho set a $105.00 price objective on Federal Realty Investment Trust in a research note on Friday, January 9th. Evercore set a $107.00 target price on Federal Realty Investment Trust in a research report on Tuesday, February 17th. Barclays decreased their target price on Federal Realty Investment Trust from $109.00 to $107.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Finally, Piper Sandler upped their price target on Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $112.43.

Federal Realty Investment Trust Price Performance

NYSE FRT traded up $4.27 on Friday, reaching $115.17. The company had a trading volume of 1,832,817 shares, compared to its average volume of 838,694. The stock has a market capitalization of $9.95 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 4.86 and a beta of 0.92. Federal Realty Investment Trust has a 12 month low of $89.99 and a 12 month high of $115.32. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.57. The firm’s 50 day moving average price is $107.88 and its 200 day moving average price is $102.89.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $1.81 EPS for the quarter, beating the consensus estimate of $0.73 by $1.08. The business had revenue of $332.66 million during the quarter, compared to the consensus estimate of $332.08 million. Federal Realty Investment Trust had a net margin of 32.14% and a return on equity of 13.10%. The business’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.70 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.460-7.550 EPS. As a group, equities analysts predict that Federal Realty Investment Trust will post 7.47 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 3.9%. The ex-dividend date is Wednesday, July 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 96.79%.

Key Federal Realty Investment Trust News

Here are the key news stories impacting Federal Realty Investment Trust this week:

• Positive Sentiment: Q1 results beat consensus: FRT reported FFO/EPS of $1.88 and revenue growth of ~10%, driven by strong leasing and same-center rent growth—evidence of operational strength that supports cash flow. FRT Q1 FFO Tops Estimates on Record Leasing, POI Growth
• Positive Sentiment: Management raised FY?2026 guidance to an EPS range of 7.460–7.550, effectively endorsing the quarter’s momentum and providing forward visibility that supports the rally. Federal Realty Investment Trust Reports First Quarter 2026 Results
• Neutral Sentiment: FFO beat was modest versus some estimates (e.g., $1.88 vs. $1.82 on Zacks), so while results were positive, upside was not large relative to expectations. Federal Realty Investment Trust (FRT) Q1 FFO and Revenues Surpass Estimates
• Negative Sentiment: Part of the quarter’s strength was aided by a real-estate sale, a one-time gain that may limit the sustainability of the reported beat if leasing and organic rent growth slow. Federal Realty stock up on beat-and-raise Q1, benefited by real estate sale
• Negative Sentiment: Valuation and leverage are considerations: FRT trades at a mid?teens to mid?20s P/E/FFO multiple with a PEG near 4.8 and debt/equity around 1.6, which could limit upside if growth disappoints. Federal Realty Investment Trust Reports First Quarter 2026 Results

Institutional Trading of Federal Realty Investment Trust

Several hedge funds have recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Federal Realty Investment Trust during the 4th quarter valued at about $734,290,000. AQR Capital Management LLC grew its position in Federal Realty Investment Trust by 116.3% in the fourth quarter. AQR Capital Management LLC now owns 1,820,547 shares of the real estate investment trust’s stock worth $183,511,000 after acquiring an additional 979,064 shares in the last quarter. Rakuten Investment Management Inc. purchased a new position in Federal Realty Investment Trust in the third quarter worth about $51,156,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Federal Realty Investment Trust by 453.1% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 587,687 shares of the real estate investment trust’s stock worth $59,539,000 after acquiring an additional 481,427 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in Federal Realty Investment Trust during the fourth quarter worth approximately $46,415,000. 93.86% of the stock is owned by hedge funds and other institutional investors.

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.