What is Zacks Research's Estimate for FRT Q3 Earnings?

Key Points

• Zacks Research lowered its Q3 2026 EPS estimate for Federal Realty Investment Trust to $1.85 from $1.86, while maintaining a full-year 2026 forecast of $7.53 per share, in line with consensus.
• Federal Realty’s latest quarterly results fell short on earnings, reporting $0.97 EPS versus the $1.85 consensus estimate, although revenue of $335.71 million exceeded expectations and rose 7.8% year over year.
• The REIT increased its quarterly dividend to $1.16 per share, or $4.64 annualized, representing a 4.0% yield; analysts maintain a “Moderate Buy” consensus rating with an average price target of $128.44.

Federal Realty Investment Trust (NYSE:FRT - Free Report) - Investment analysts at Zacks Research reduced their Q3 2026 earnings per share estimates for Federal Realty Investment Trust in a report released on Friday, August 21st. Zacks Research analyst Team now anticipates that the real estate investment trust will earn $1.85 per share for the quarter, down from their prior estimate of $1.86. The consensus estimate for Federal Realty Investment Trust's current full-year earnings is $7.54 per share. Zacks Research also issued estimates for Federal Realty Investment Trust's FY2026 earnings at $7.53 EPS, Q1 2027 earnings at $1.89 EPS, Q2 2027 earnings at $1.96 EPS, Q3 2027 earnings at $1.91 EPS, Q4 2027 earnings at $2.00 EPS, FY2027 earnings at $7.76 EPS, Q1 2028 earnings at $1.93 EPS, Q2 2028 earnings at $2.06 EPS and FY2028 earnings at $8.02 EPS.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last posted 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 business had revenue of $335.71 million for the quarter, compared to analysts' expectations of $331.92 million. During the same quarter in the prior year, the firm earned $1.91 earnings per share. Federal Realty Investment Trust's revenue for the quarter was up 7.8% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS.

Several other analysts have also recently issued reports on FRT. Jefferies Financial Group raised shares of Federal Realty Investment Trust to a "strong-buy" rating in a report on Friday, June 26th. Wolfe Research assumed coverage on shares of Federal Realty Investment Trust in a report on Wednesday, July 8th. They set an "outperform" rating and a $143.00 price objective for the company. Mizuho set a $130.00 target price on shares of Federal Realty Investment Trust and gave the stock an "outperform" rating in a research report on Monday, June 1st. Piper Sandler upped their target price on shares of Federal Realty Investment Trust from $127.00 to $149.00 and gave the company an "overweight" rating in a research note on Tuesday, July 21st. Finally, Bank of America increased their price target on shares of Federal Realty Investment Trust from $128.00 to $131.00 and gave the stock a "buy" rating in a research report on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $128.44.

Federal Realty Investment Trust Stock Performance

Federal Realty Investment Trust stock opened at $116.70 on Monday. Federal Realty Investment Trust has a 52 week low of $90.03 and a 52 week high of $128.21. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.46. The stock has a market cap of $10.08 billion, a P/E ratio of 23.58, a price-to-earnings-growth ratio of 2.69 and a beta of 0.93. The stock has a 50 day moving average of $121.96 and a 200-day moving average of $114.81.

Hedge Funds Weigh In On Federal Realty Investment Trust

Several large investors have recently added to or reduced their stakes in FRT. HB Wealth Management LLC boosted its holdings in Federal Realty Investment Trust by 8.7% in the second quarter. HB Wealth Management LLC now owns 6,039 shares of the real estate investment trust's stock worth $745,000 after purchasing an additional 482 shares during the period. Compass Financial Management LLC acquired a new stake in shares of Federal Realty Investment Trust during the second quarter worth $226,000. AlphaGrep UK Ltd acquired a new stake in shares of Federal Realty Investment Trust during the second quarter worth $513,000. MOR Wealth Management LLC bought a new position in shares of Federal Realty Investment Trust in the 2nd quarter worth about $270,000. Finally, Syon Capital LLC lifted its position in shares of Federal Realty Investment Trust by 24.3% in the 2nd quarter. Syon Capital LLC now owns 4,803 shares of the real estate investment trust's stock worth $593,000 after buying an additional 940 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a dividend of $1.16 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $4.64 annualized dividend and a dividend yield of 4.0%. This is an increase from Federal Realty Investment Trust's previous quarterly dividend of $1.13. Federal Realty Investment Trust's dividend payout ratio is currently 91.31%.

Federal Realty Investment Trust News Summary

Here are the key news stories impacting Federal Realty Investment Trust this week:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $7.53 from $7.49, FY2027 EPS to $7.76 from $7.70, and FY2028 EPS to $8.02 from $7.90. The firm also increased estimates for Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q1 2028, and Q2 2028, indicating stronger longer-term earnings expectations for FRT.
• Neutral Sentiment: Zacks’ revised FY2026 forecast of $7.53 matches the current analyst consensus, while its FY2027 and FY2028 projections imply continued earnings growth. However, the revisions were relatively small and do not represent a change in company guidance.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS estimate slightly to $1.85 from $1.86, signaling a minor near-term pressure point. The reduction is limited and was more than offset by upward revisions to later-period estimates.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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