Federal Realty Investment Trust (NYSE:FRT) Stock Has Average Target Price of $125.06

Key Points

• Analysts maintain a moderately bullish view of Federal Realty Investment Trust, with nine buys, one strong buy and seven holds. The average 12-month price target is $125.06, above the stock’s reported $105.71 price.
• FRT’s shares were down 0.7%, while its latest quarterly results showed EPS of $0.97, below the $1.85 consensus estimate; revenue nevertheless rose 7.8% year over year to $335.71 million.
• The REIT raised its quarterly dividend from $1.13 to $1.16 per share, equivalent to a $4.64 annualized payout and a 4.4% yield. Institutional investors own 93.86% of the company, while an insider recently sold 1,500 shares.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) has been given an average rating of "Moderate Buy" by the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $125.06.

A number of equities analysts recently weighed in on the stock. Piper Sandler reduced their target price on shares of Federal Realty Investment Trust from $149.00 to $131.00 and set an "overweight" rating for the company in a research note on Monday. Truist Financial began coverage on Federal Realty Investment Trust in a research note on Thursday, October 1st. They issued a "hold" rating and a $116.00 price target on the stock. UBS Group dropped their price target on Federal Realty Investment Trust from $127.00 to $115.00 and set a "neutral" rating on the stock in a research note on Friday. Raymond James Financial restated an "outperform" rating and issued a $135.00 target price on shares of Federal Realty Investment Trust in a research note on Monday, June 29th. Finally, Wells Fargo & Company reduced their target price on shares of Federal Realty Investment Trust from $134.00 to $126.00 and set an "overweight" rating for the company in a report on Monday, October 5th.

Insider Buying and Selling

In other Federal Realty Investment Trust news, Director Nicole Lamb-Hale sold 1,500 shares of the business's stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $108.89, for a total transaction of $163,335.00. Following the sale, the director directly owned 4,613 shares of the company's stock, valued at $502,309.57. The trade was a 24.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Federal Realty Investment Trust

A number of institutional investors and hedge funds have recently made changes to their positions in FRT. Bank of America Corp DE increased its stake in shares of Federal Realty Investment Trust by 90.2% during the 1st quarter. Bank of America Corp DE now owns 509,498 shares of the real estate investment trust's stock worth $54,114,000 after purchasing an additional 241,684 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Federal Realty Investment Trust during the 1st quarter worth about $1,519,000. Contravisory Investment Management Inc. lifted its stake in shares of Federal Realty Investment Trust by 1,175.7% during the 2nd quarter. Contravisory Investment Management Inc. now owns 9,708 shares of the real estate investment trust's stock worth $1,198,000 after buying an additional 8,947 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of Federal Realty Investment Trust during the 2nd quarter worth about $3,350,000. Finally, Resolution Capital Ltd boosted its holdings in shares of Federal Realty Investment Trust by 10.3% during the 1st 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 during the period. Institutional investors own 93.86% of the company's stock.

Federal Realty Investment Trust Stock Down 0.7%

Federal Realty Investment Trust stock opened at $105.71 on Wednesday. The stock has a market capitalization of $9.13 billion, a PE ratio of 21.35, a price-to-earnings-growth ratio of 2.74 and a beta of 0.93. Federal Realty Investment Trust has a twelve month low of $90.03 and a twelve month high of $128.21. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.46. The company has a 50 day moving average of $113.66 and a 200-day moving average of $116.33.

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 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $335.71 million for the quarter, compared to the consensus estimate of $331.92 million. During the same period in the prior year, the company earned $1.91 EPS. The firm's 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, equities research analysts anticipate that Federal Realty Investment Trust will post 7.54 EPS for the current fiscal year.

Federal Realty Investment Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be paid a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 4.4%. The ex-dividend date is Thursday, October 1st. This is an increase from Federal Realty Investment Trust's previous quarterly dividend of $1.13. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 93.74%.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust NYSE: FRT is a real estate investment trust that owns, operates, develops and redevelops retail and mixed-use properties. Its portfolio is focused primarily on high-quality shopping centers and properties that combine retail, dining, entertainment, office and residential uses.

Founded in 1962, Federal Realty serves densely populated and affluent communities in major metropolitan markets, including the Mid-Atlantic, Northeast, Florida and California. The company's properties are anchored by grocery stores, specialty retailers, restaurants and other service-oriented businesses, with select developments incorporating apartments, offices and public spaces.

In addition to owning real estate, Federal Realty provides property management, leasing, development and redevelopment services designed to maintain and enhance its properties over the long term.

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