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

Shares of Federal Realty Investment Trust (NYSE:FRT) have received a consensus rating of “Moderate Buy” from the seventeen ratings firms that are currently covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $128.6875.

Several brokerages have recently commented on FRT. Citigroup upped their target price on Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Evercore set a $123.00 price objective on Federal Realty Investment Trust in a report on Monday. UBS Group upped their price objective on shares of Federal Realty Investment Trust from $118.00 to $127.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Raymond James Financial reiterated an “outperform” rating and issued a $135.00 target price on shares of Federal Realty Investment Trust in a report on Monday, June 29th. Finally, Scotiabank dropped their target price on shares of Federal Realty Investment Trust from $128.00 to $126.00 and set a “sector outperform” rating on the stock in a research report on Thursday, September 17th.

Institutional Trading of Federal Realty Investment Trust

Several large investors have recently added to or reduced their stakes in FRT. Engineers Gate Manager LP acquired a new stake in shares of Federal Realty Investment Trust in the second quarter worth $3,350,000. Integrated Wealth Concepts LLC raised its position in Federal Realty Investment Trust by 8.4% during the second quarter. Integrated Wealth Concepts LLC now owns 10,083 shares of the real estate investment trust’s stock valued at $1,245,000 after buying an additional 780 shares during the period. NewEdge Advisors LLC lifted its stake in Federal Realty Investment Trust by 13.2% in the 2nd quarter. NewEdge Advisors LLC now owns 6,690 shares of the real estate investment trust’s stock worth $826,000 after acquiring an additional 778 shares in the last quarter. Squarepoint Ops LLC lifted its stake in Federal Realty Investment Trust by 96.1% in the 2nd quarter. Squarepoint Ops LLC now owns 56,191 shares of the real estate investment trust’s stock worth $6,936,000 after acquiring an additional 27,541 shares in the last quarter. Finally, Allworth Financial LP boosted its position in Federal Realty Investment Trust by 14.1% during the 2nd quarter. Allworth Financial LP now owns 5,554 shares of the real estate investment trust’s stock worth $686,000 after acquiring an additional 687 shares during the period. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Trading Down 1.0%

Federal Realty Investment Trust stock opened at $109.41 on Friday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.70 and a current ratio of 1.70. The firm has a market cap of $9.45 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 2.72 and a beta of 0.91. Federal Realty Investment Trust has a 1 year low of $90.03 and a 1 year high of $128.21. The firm’s 50 day moving average price is $118.61 and its two-hundred day moving average price is $116.13.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Friday, July 31st. The real estate investment trust reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.88). The company had revenue of $335.71 million for 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 quarter last year, the company posted $1.91 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. On average, research analysts predict that Federal Realty Investment Trust will post 7.54 EPS for the current fiscal year.

Federal Realty Investment Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be paid a $1.16 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $4.64 dividend on an annualized basis and a yield of 4.2%. This is a positive change from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 91.31%.

About Federal Realty Investment Trust

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.