Federal Realty Investment Trust (NYSE:FRT) Reaches New 1-Year High – Here’s What Happened

Shares of Federal Realty Investment Trust (NYSE:FRT) hit a new 52-week high on Monday . The company traded as high as $108.86 and last traded at $107.8610, with a volume of 90644 shares changing hands. The stock had previously closed at $107.45.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on FRT shares. Jefferies Financial Group upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $101.00 to $115.00 in a report on Monday, December 15th. Truist Financial raised their target price on shares of 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. Piper Sandler lifted their target price on shares of Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Evercore set a $107.00 price objective on Federal Realty Investment Trust in a research report on Tuesday, February 17th. Finally, UBS Group set a $113.00 target price on Federal Realty Investment Trust in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $111.00.

Federal Realty Investment Trust Price Performance

The company has a market capitalization of $9.28 billion, a P/E ratio of 23.04, a P/E/G ratio of 4.60 and a beta of 1.02. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.57. The business’s fifty day moving average price is $102.60 and its 200-day moving average price is $99.68.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.38). The firm had revenue of $336.05 million during the quarter, compared to analysts’ expectations of $327.65 million. Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.Federal Realty Investment Trust’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.73 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, sell-side analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is 96.79%.

Institutional Investors Weigh In On Federal Realty Investment Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in shares of Federal Realty Investment Trust by 2.7% during the fourth quarter. Invesco Ltd. now owns 2,732,796 shares of the real estate investment trust’s stock valued at $275,466,000 after buying an additional 72,718 shares during the period. Corient Private Wealth LLC raised its holdings in Federal Realty Investment Trust by 480.0% in the 4th quarter. Corient Private Wealth LLC now owns 35,878 shares of the real estate investment trust’s stock worth $3,617,000 after acquiring an additional 29,692 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Federal Realty Investment Trust by 51.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 55,556 shares of the real estate investment trust’s stock valued at $5,600,000 after purchasing an additional 18,827 shares in the last quarter. State of Tennessee Department of Treasury boosted its holdings in shares of Federal Realty Investment Trust by 4.5% during the 4th quarter. State of Tennessee Department of Treasury now owns 152,013 shares of the real estate investment trust’s stock valued at $15,378,000 after acquiring an additional 6,601 shares during the last quarter. Finally, Mackenzie Financial Corp grew its position in Federal Realty Investment Trust by 3.9% in the 4th quarter. Mackenzie Financial Corp now owns 3,139 shares of the real estate investment trust’s stock worth $319,000 after purchasing an additional 117 shares during the period. 93.86% of the stock is currently owned by institutional investors.

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.