Mizuho Has Lowered Expectations for Federal Realty Investment Trust (NYSE:FRT) Stock Price

Federal Realty Investment Trust (NYSE:FRT) had its target price reduced by Mizuho from $130.00 to $117.00 in a report issued on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s target price indicates a potential upside of 5.97% from the company’s previous close.

FRT has been the topic of several other research reports. Truist Financial raised their price objective on Federal Realty Investment Trust from $112.00 to $118.00 and gave the company a “hold” rating in a report on Friday, June 5th. UBS Group set a $117.00 target price on shares of Federal Realty Investment Trust in a report on Thursday. Wells Fargo & Company boosted their price target on Federal Realty Investment Trust from $129.00 to $134.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. 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. Finally, JPMorgan Chase & Co. boosted their price objective on Federal Realty Investment Trust from $124.00 to $129.00 and gave the company an “overweight” rating in a research note on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.25.

Federal Realty Investment Trust Trading Up 0.9%

Federal Realty Investment Trust stock traded up $1.02 during midday trading on Thursday, hitting $110.41. 335,289 shares of the stock were exchanged, compared to its average volume of 867,874. The stock has a market capitalization of $9.54 billion, a PE ratio of 22.31, a P/E/G ratio of 2.72 and a beta of 0.91. The company has a fifty day simple moving average of $118.61 and a two-hundred day simple moving average of $116.13. 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.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.85 by ($0.88). The company had revenue of $335.71 million during the quarter, compared to analyst estimates of $331.92 million. Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. Federal Realty Investment Trust’s revenue was up 7.8% on a year-over-year basis. During the same period 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. Equities research analysts anticipate that Federal Realty Investment Trust will post 7.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several hedge funds have recently made changes to their positions in FRT. Norges Bank bought a new position in shares of Federal Realty Investment Trust during the fourth quarter valued at approximately $734,290,000. Resolution Capital Ltd boosted its holdings in Federal Realty Investment Trust by 10.3% in the first quarter. Resolution Capital Ltd now owns 3,644,575 shares of the real estate investment trust’s stock valued at $387,090,000 after acquiring an additional 340,524 shares in the last quarter. Geode Capital Management LLC increased its position in Federal Realty Investment Trust by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 2,198,241 shares of the real estate investment trust’s stock valued at $221,217,000 after purchasing an additional 23,214 shares during the period. Dimensional Fund Advisors LP increased its position in Federal Realty Investment Trust by 4.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,284,001 shares of the real estate investment trust’s stock valued at $136,368,000 after purchasing an additional 53,109 shares during the period. Finally, Legal & General Group Plc raised its holdings in Federal Realty Investment Trust by 10.9% in the 4th quarter. Legal & General Group Plc now owns 797,561 shares of the real estate investment trust’s stock worth $80,394,000 after purchasing an additional 78,706 shares in the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Company Profile

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.