Federal Realty Investment Trust (NYSE:FRT) Short Interest Update

Federal Realty Investment Trust (NYSE:FRT) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 2,403,747 shares, an increase of 19.7% from the January 29th total of 2,007,708 shares. Currently, 2.8% of the shares of the stock are short sold. Based on an average daily volume of 926,105 shares, the days-to-cover ratio is currently 2.6 days. Based on an average daily volume of 926,105 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.8% of the shares of the stock are short sold.

Federal Realty Investment Trust Stock Performance

NYSE:FRT opened at $108.87 on Friday. The stock’s fifty day moving average is $103.98 and its 200 day moving average is $100.60. The firm has a market capitalization of $9.39 billion, a PE ratio of 23.31, a PEG ratio of 4.83 and a beta of 0.99. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.67 and a current ratio of 1.67. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $110.89.

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

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors 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 (DPR) is currently 96.79%.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp lifted its position in shares of Federal Realty Investment Trust by 21.5% during the first quarter. Jones Financial Companies Lllp now owns 2,903 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 514 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Federal Realty Investment Trust by 43.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 612,574 shares of the real estate investment trust’s stock worth $59,922,000 after buying an additional 184,557 shares during the period. Empowered Funds LLC lifted its holdings in Federal Realty Investment Trust by 12.5% during the 1st quarter. Empowered Funds LLC now owns 3,205 shares of the real estate investment trust’s stock valued at $310,000 after buying an additional 355 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Federal Realty Investment Trust by 5.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 75,701 shares of the real estate investment trust’s stock valued at $7,191,000 after buying an additional 4,204 shares during the period. Finally, Teacher Retirement System of Texas boosted its position in Federal Realty Investment Trust by 7.7% in the 2nd quarter. Teacher Retirement System of Texas now owns 12,335 shares of the real estate investment trust’s stock valued at $1,172,000 after buying an additional 886 shares during the period. Institutional investors own 93.86% of the company’s stock.

Analyst Upgrades and Downgrades

FRT has been the topic of a number of analyst reports. Jefferies Financial Group upgraded shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and lifted their target price for the company from $101.00 to $115.00 in a research note on Monday, December 15th. UBS Group set a $113.00 price target on Federal Realty Investment Trust in a report on Wednesday, January 14th. Truist Financial upped their price objective on Federal Realty Investment Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a research note on Tuesday, December 2nd. Weiss Ratings raised Federal Realty Investment Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Finally, JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $107.00 to $114.00 in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Federal Realty Investment Trust presently has an average rating of “Moderate Buy” and an average target price of $111.13.

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.