Federal Realty Investment Trust (NYSE:FRT) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Federal Realty Investment Trust (NYSE:FRT) have been assigned a consensus recommendation of “Moderate Buy” from the seventeen analysts that are currently covering the firm, Marketbeat Ratings reports. Nine analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $109.30.

A number of research analysts have recently issued reports on FRT shares. Wall Street Zen cut shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Scotiabank raised their price target on shares of Federal Realty Investment Trust from $113.00 to $114.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. LADENBURG THALM/SH SH upgraded Federal Realty Investment Trust to a “strong-buy” rating in a research note on Tuesday, September 9th. Wells Fargo & Company started coverage on Federal Realty Investment Trust in a research note on Tuesday, October 21st. They issued an “overweight” rating and a $113.00 price objective for the company. Finally, Barclays restated an “equal weight” rating and issued a $106.00 target price (down previously from $113.00) on shares of Federal Realty Investment Trust in a report on Tuesday, November 18th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Equitable Holdings Inc. increased its position in shares of Federal Realty Investment Trust by 3.5% during the third quarter. Equitable Holdings Inc. now owns 3,114 shares of the real estate investment trust’s stock valued at $315,000 after acquiring an additional 105 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Federal Realty Investment Trust by 18.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 109 shares during the period. Fort Point Capital Partners LLC increased its position in shares of Federal Realty Investment Trust by 1.4% during the 3rd quarter. Fort Point Capital Partners LLC now owns 7,757 shares of the real estate investment trust’s stock valued at $786,000 after purchasing an additional 110 shares during the last quarter. Ethic Inc. raised its stake in shares of Federal Realty Investment Trust by 3.3% during the 3rd quarter. Ethic Inc. now owns 3,987 shares of the real estate investment trust’s stock worth $404,000 after purchasing an additional 126 shares during the period. Finally, AlTi Global Inc. boosted its holdings in shares of Federal Realty Investment Trust by 0.7% in the 3rd quarter. AlTi Global Inc. now owns 18,431 shares of the real estate investment trust’s stock worth $1,867,000 after buying an additional 127 shares during the last quarter. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Up 0.3%

FRT stock opened at $101.63 on Thursday. The stock’s 50 day simple moving average is $98.19 and its 200 day simple moving average is $97.20. The company has a market cap of $8.77 billion, a P/E ratio of 25.79, a price-to-earnings-growth ratio of 3.72 and a beta of 1.00. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.60 and a current ratio of 1.60. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $113.13.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.01. Federal Realty Investment Trust had a return on equity of 11.12% and a net margin of 27.65%.The firm had revenue of $321.97 million during the quarter, compared to analysts’ expectations of $318.73 million. During the same quarter last year, the firm posted $1.71 earnings per share. The company’s revenue for the quarter 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, research analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be paid a $1.13 dividend. The ex-dividend date is Friday, January 2nd. This represents a $4.52 annualized dividend and a dividend yield of 4.4%. Federal Realty Investment Trust’s dividend payout ratio is presently 114.72%.

Federal Realty Investment Trust Company Profile

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.