Federal Realty Investment Trust (NYSE:FRT) Receives Average Recommendation of “Moderate Buy” from Analysts

Federal Realty Investment Trust (NYSE:FRT) has earned a consensus rating of “Moderate Buy” from the seventeen analysts that are covering the stock, MarketBeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $110.30.

FRT has been the subject of a number of recent research reports. Wells Fargo & Company assumed coverage on Federal Realty Investment Trust in a research note on Tuesday, October 21st. They set an “overweight” rating and a $113.00 price objective for the company. Stifel Nicolaus set a $109.50 price target on Federal Realty Investment Trust in a report on Thursday, December 18th. Jefferies Financial Group upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and upped their price objective for the stock from $101.00 to $115.00 in a research report on Monday, December 15th. 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 report on Tuesday, October 7th. Finally, JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $107.00 to $114.00 in a report on Thursday, December 18th.

Federal Realty Investment Trust Stock Performance

FRT opened at $103.69 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.52. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $111.82. The firm has a 50 day moving average of $99.55 and a two-hundred day moving average of $98.00. The firm has a market capitalization of $8.95 billion, a PE ratio of 26.32, a P/E/G ratio of 3.71 and a beta of 1.01.

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. The firm had revenue of $321.97 million for the quarter, compared to analyst estimates of $318.73 million. Federal Realty Investment Trust had a net margin of 27.65% and a return on equity of 11.12%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.71 earnings per share. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. On average, analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, January 2nd were paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, January 2nd. Federal Realty Investment Trust’s payout ratio is currently 114.72%.

Institutional Trading of Federal Realty Investment Trust

Several institutional investors have recently bought and sold shares of FRT. Ascent Group LLC acquired a new position in Federal Realty Investment Trust during the third quarter worth $1,146,000. Abel Hall LLC purchased a new position in shares of Federal Realty Investment Trust during the 2nd quarter worth $392,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Federal Realty Investment Trust by 103.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 5,770 shares of the real estate investment trust’s stock valued at $553,000 after acquiring an additional 2,928 shares during the last quarter. PGGM Investments boosted its position in shares of Federal Realty Investment Trust by 23.7% during the 2nd quarter. PGGM Investments now owns 1,245,342 shares of the real estate investment trust’s stock valued at $118,295,000 after acquiring an additional 238,679 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in shares of Federal Realty Investment Trust by 32.6% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,311 shares of the real estate investment trust’s stock valued at $600,000 after purchasing an additional 1,553 shares during the period. 93.86% of the stock is owned by institutional investors and hedge funds.

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.