JPMorgan Chase & Co. Increases Federal Realty Investment Trust (NYSE:FRT) Price Target to $129.00

Key Points

• JPMorgan raised Federal Realty Investment Trust’s price target from $124 to $129 and maintained an “overweight” rating, implying approximately 9.65% upside from the stock’s reported price.
• Analyst sentiment is broadly positive: Federal Realty has a consensus “Moderate Buy” rating and an average price target of $128.75, with targets ranging as high as $143.
• Shares rose 0.4% to $117.64, while the latest quarter showed revenue above estimates but EPS of $0.97, well below the $1.85 consensus forecast. Institutional investors own approximately 93.86% of the company.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) had its price objective boosted by equities researchers at JPMorgan Chase & Co. from $124.00 to $129.00 in a report issued on Friday, Benzinga reports. The firm currently has an "overweight" rating on the real estate investment trust's stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 9.65% from the stock's current price.

A number of other analysts have also recently weighed in on the stock. Barclays raised their price target on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an "equal weight" rating in a report on Monday, August 17th. Bank of America increased their target price on shares of Federal Realty Investment Trust from $128.00 to $131.00 and gave the company a "buy" rating in a research report on Monday, June 29th. Wolfe Research initiated coverage on shares of Federal Realty Investment Trust in a research note on Wednesday, July 8th. They issued an "outperform" rating and a $143.00 target price for the company. Scotiabank lifted their price target on shares of Federal Realty Investment Trust from $118.00 to $128.00 and gave the stock an "outperform" rating in a report on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft raised Federal Realty Investment Trust from a "hold" rating to a "buy" rating and set a $135.00 price target on the stock in a research report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, Federal Realty Investment Trust currently has a consensus rating of "Moderate Buy" and an average price target of $128.75.

Federal Realty Investment Trust Stock Up 0.4%

Shares of NYSE FRT traded up $0.48 during midday trading on Friday, reaching $117.64. 59,511 shares of the company's stock traded hands, compared to its average volume of 863,394. The company has a market cap of $10.16 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 2.90 and a beta of 0.91. The stock's 50 day simple moving average is $120.99 and its 200-day simple moving average is $115.58. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.46. Federal Realty Investment Trust has a one year low of $90.03 and a one year high of $128.21.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued 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). Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%.The business had revenue of $335.71 million during the quarter, compared to the consensus estimate of $331.92 million. During the same period last year, the firm earned $1.91 EPS. The business's quarterly revenue was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. On average, analysts predict that Federal Realty Investment Trust will post 7.54 EPS for the current fiscal year.

Institutional Investors Weigh In On Federal Realty Investment Trust

Institutional investors and hedge funds have recently modified their holdings of the company. California State Teachers Retirement System increased its holdings in Federal Realty Investment Trust by 11,573.0% in the 2nd quarter. California State Teachers Retirement System now owns 11,168,728 shares of the real estate investment trust's stock worth $1,378,668,000 after buying an additional 11,073,048 shares during the period. Norges Bank purchased a new stake in shares of Federal Realty Investment Trust in the 4th quarter valued at $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 worth $675,610,000 after acquiring an additional 90,127 shares during the period. Resolution Capital Ltd increased its stake in shares of Federal Realty Investment Trust by 10.3% in the first quarter. Resolution Capital Ltd now owns 3,644,575 shares of the real estate investment trust's stock worth $387,090,000 after acquiring an additional 340,524 shares during the period. Finally, Invesco Ltd. raised its holdings 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 worth $275,466,000 after purchasing an additional 72,718 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company's stock.

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.

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