Federal Realty Investment Trust (NYSE:FRT) Price Target Raised to $120.00

Federal Realty Investment Trust (NYSE:FRT) had its price objective increased by Wells Fargo & Company from $113.00 to $120.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the real estate investment trust’s stock.

A number of other equities analysts also recently issued reports on the stock. UBS Group set a $113.00 price target on shares of Federal Realty Investment Trust in a report on Wednesday, January 14th. Barclays boosted their price objective on shares of Federal Realty Investment Trust from $107.00 to $109.00 and gave the stock an “equal weight” rating in a report on Monday, March 2nd. Stifel Nicolaus increased their target price on shares of Federal Realty Investment Trust from $109.50 to $111.00 and gave the company a “hold” rating in a report on Friday, February 13th. Weiss Ratings downgraded shares of Federal Realty Investment Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. Finally, Wall Street Zen raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $111.60.

Federal Realty Investment Trust Stock Down 2.9%

Federal Realty Investment Trust stock opened at $103.19 on Thursday. The stock’s 50 day moving average price is $105.03 and its 200 day moving average price is $101.20. Federal Realty Investment Trust has a 1-year low of $80.65 and a 1-year high of $110.89. The company has a market cap of $8.90 billion, a PE ratio of 22.10, a price-to-earnings-growth ratio of 4.53 and a beta of 0.99. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.67 and a quick ratio of 1.67.

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

Federal Realty Investment Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be given a $1.13 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $4.52 annualized dividend and a dividend yield of 4.4%. Federal Realty Investment Trust’s payout ratio is currently 96.79%.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several hedge funds have recently added to or reduced their stakes in the business. Park Square Financial Group LLC purchased a new stake in shares of Federal Realty Investment Trust in the fourth quarter valued at about $25,000. Turning Point Benefit Group Inc. increased its stake in shares of Federal Realty Investment Trust by 1,853.8% during the 4th quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 241 shares in the last quarter. True Wealth Design LLC raised its position 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 purchasing an additional 126 shares during the last quarter. Private Trust Co. NA raised its position in shares of Federal Realty Investment Trust by 937.5% during the 4th quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 300 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Federal Realty Investment Trust in the 3rd quarter valued at approximately $35,000. 93.86% of the stock is currently owned by hedge funds and other 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.