Federal Realty Investment Trust (NYSE:FRT) Hits New 52-Week High Following Strong Earnings

Federal Realty Investment Trust (NYSE:FRT)’s share price hit a new 52-week high on Friday following a better than expected earnings announcement. The stock traded as high as $113.72 and last traded at $113.2940, with a volume of 84707 shares traded. The stock had previously closed at $110.90.

The real estate investment trust reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $1.19. Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.70 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.460-7.550 EPS.

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is currently 96.79%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. UBS Group set a $113.00 price objective on Federal Realty Investment Trust in a research report on Wednesday, January 14th. Stifel Nicolaus upped their price objective on Federal Realty Investment Trust from $109.50 to $111.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. Wells Fargo & Company upped their price objective on Federal Realty Investment Trust from $113.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Scotiabank upped their price objective on Federal Realty Investment Trust from $113.00 to $118.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, March 24th. Finally, Piper Sandler upped their price objective on Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $112.43.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several large investors have recently bought and sold shares of the company. Norges Bank bought a new position in Federal Realty Investment Trust in the fourth quarter valued at about $734,290,000. State Street Corp increased its stake in shares of Federal Realty Investment Trust by 1.4% in the third quarter. State Street Corp now owns 6,668,743 shares of the real estate investment trust’s stock valued at $675,610,000 after buying an additional 90,127 shares during the period. Resolution Capital Ltd increased its stake in shares of Federal Realty Investment Trust by 11.8% in the second quarter. Resolution Capital Ltd now owns 3,264,653 shares of the real estate investment trust’s stock valued at $310,109,000 after buying an additional 344,189 shares during the period. Invesco Ltd. increased its stake in shares of Federal Realty Investment Trust by 2.7% in 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. Finally, Geode Capital Management LLC increased its stake in shares of Federal Realty Investment Trust by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 2,198,241 shares of the real estate investment trust’s stock valued at $221,217,000 after buying an additional 23,214 shares during the period. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Trading Up 2.9%

The company has a market cap of $9.85 billion, a price-to-earnings ratio of 24.33, a PEG ratio of 4.84 and a beta of 0.98. The firm has a 50 day moving average price of $107.88 and a two-hundred day moving average price of $102.89. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.57.

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.