Analysts Set Federal Realty Investment Trust (NYSE:FRT) PT at $109.63

Federal Realty Investment Trust (NYSE:FRT) has been assigned a consensus recommendation of “Moderate Buy” from the seventeen research firms that are covering the stock, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $110.30.

A number of research firms have commented on FRT. Evercore ISI lowered their price target on Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating for the company in a research report on Monday, November 3rd. Truist Financial boosted their target price on Federal Realty Investment Trust from $105.00 to $109.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft set a $105.00 target price on Federal Realty Investment Trust and gave the company a “hold” rating in a report on Tuesday, October 7th. Scotiabank cut their price target on shares of Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating on the stock in a report on Wednesday. Finally, Mizuho set a $105.00 price objective on shares of Federal Realty Investment Trust in a research report on Friday, January 9th.

Federal Realty Investment Trust Price Performance

Shares of Federal Realty Investment Trust stock opened at $101.96 on Monday. The company’s fifty day simple moving average is $99.31 and its two-hundred day simple moving average is $97.87. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $111.82. The firm has a market cap of $8.80 billion, a PE ratio of 25.88, a price-to-earnings-growth ratio of 3.66 and a beta of 1.01. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.52.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, beating the consensus estimate of $1.76 by $0.01. The firm had revenue of $321.97 million during the quarter, compared to the consensus estimate of $318.73 million. Federal Realty Investment Trust had a net margin of 27.65% and a return on equity of 11.12%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.71 earnings per share. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. As a group, equities analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, January 2nd will be given a dividend of $1.13 per share. 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 payout ratio is currently 114.72%.

Institutional Trading of Federal Realty Investment Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. True Wealth Design LLC grew its holdings in shares of Federal Realty Investment Trust by 88.7% during the 4th quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 126 shares during the period. Hilltop National Bank bought a new stake in shares of Federal Realty Investment Trust during the second quarter valued at approximately $28,000. Spire Wealth Management boosted its position in shares of 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 in the last quarter. Advisory Services Network LLC purchased a new stake in Federal Realty Investment Trust in the third quarter worth $35,000. Finally, Quent Capital LLC bought a new position in Federal Realty Investment Trust in the third quarter worth $39,000. 93.86% of the stock is currently 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.