Federal Realty Investment Trust (NYSE:FRT) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on Federal Realty Investment Trust, with nine buy ratings, seven holds and one strong buy. The average 12-month price target is $128.63, above the reported share price of $110.97.
• Institutional investors own 93.86% of the company, with major positions initiated or increased by Norges Bank, Wellington Management, Resolution Capital, First Trust Advisors and Bank of America.
• Federal Realty increased its quarterly dividend to $1.16 per share, equivalent to a 4.2% annualized yield. Its latest quarterly EPS of $0.97 missed the $1.85 consensus estimate, although revenue rose 7.8% year over year to $335.71 million.

Shares of Federal Realty Investment Trust (NYSE:FRT - Get Free Report) have received an average rating of "Moderate Buy" from the seventeen ratings firms that are covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $128.6250.

Several research firms recently issued reports on FRT. Deutsche Bank Aktiengesellschaft raised shares of Federal Realty Investment Trust from a "hold" rating to a "buy" rating and set a $135.00 price target for the company in a report on Friday, May 29th. Raymond James Financial reaffirmed an "outperform" rating and issued a $135.00 price objective on shares of Federal Realty Investment Trust in a report on Monday, June 29th. Evercore set a $122.00 target price on Federal Realty Investment Trust in a research report on Tuesday, July 7th. Wolfe Research started coverage on Federal Realty Investment Trust in a research note on Wednesday, July 8th. They set an "outperform" rating and a $143.00 target price for the company. Finally, Weiss Ratings downgraded Federal Realty Investment Trust from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, September 1st.

Institutional Investors Weigh In On Federal Realty Investment Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in Federal Realty Investment Trust in the 4th quarter valued at approximately $734,290,000. Wellington Management Group LLP purchased a new position in Federal Realty Investment Trust during the second quarter worth $59,832,000. Resolution Capital Ltd increased its position in Federal Realty Investment Trust by 10.3% during 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 buying an additional 340,524 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Federal Realty Investment Trust by 693.9% in the first quarter. First Trust Advisors LP now owns 382,058 shares of the real estate investment trust's stock worth $40,578,000 after acquiring an additional 333,931 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Federal Realty Investment Trust by 90.2% in the first quarter. Bank of America Corp DE now owns 509,498 shares of the real estate investment trust's stock worth $54,114,000 after acquiring an additional 241,684 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT opened at $110.97 on Friday. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a fifty day moving average price of $119.33 and a 200 day moving average price of $116.08. Federal Realty Investment Trust has a 1-year low of $90.03 and a 1-year high of $128.21. The company has a market cap of $9.59 billion, a PE ratio of 22.42, a P/E/G ratio of 2.75 and a beta of 0.91.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.85 by ($0.88). The firm had revenue of $335.71 million during the quarter, compared to analyst estimates of $331.92 million. Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. The business's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.91 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. Sell-side analysts forecast that Federal Realty Investment Trust will post 7.54 EPS for the current year.

Federal Realty Investment Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be issued a dividend of $1.16 per share. This is a boost from Federal Realty Investment Trust's previous quarterly dividend of $1.13. This represents a $4.64 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Thursday, October 1st. Federal Realty Investment Trust's dividend payout ratio is currently 93.74%.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail and mixed-use properties. Its portfolio includes shopping centers and properties that combine retail, dining, residential, office and other uses, with an emphasis on locations in affluent and densely populated communities.

The company's properties are concentrated in major metropolitan markets along the East Coast, in California and in South Florida.

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