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

Federal Realty Investment Trust (NYSE:FRT) has been given a consensus rating of “Moderate Buy” by the seventeen brokerages that are presently covering the company, Marketbeat.com 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 twelve-month target price among analysts that have covered the stock in the last year is $125.06.

A number of research analysts recently issued reports on FRT shares. JPMorgan Chase & Co. lifted their target price on Federal Realty Investment Trust from $124.00 to $129.00 and gave the stock an “overweight” rating in a report on Friday, September 4th. Mizuho cut their price target on shares of Federal Realty Investment Trust from $130.00 to $117.00 and set an “outperform” rating for the company in a report on Thursday, September 24th. Evercore set a $123.00 price target on shares of Federal Realty Investment Trust in a report on Monday, September 21st. Barclays reduced their price objective on shares of Federal Realty Investment Trust from $123.00 to $118.00 and set an “equal weight” rating for the company in a research report on Monday, September 28th. Finally, Wells Fargo & Company lowered their price objective on shares of Federal Realty Investment Trust from $134.00 to $126.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th.

Insider Buying and Selling

In related news, Director Nicole Lamb-Hale sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $108.89, for a total transaction of $163,335.00. Following the completion of the sale, the director directly owned 4,613 shares in the company, valued at approximately $502,309.57. This trade represents a 24.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in shares of Federal Realty Investment Trust by 90.2% in the 1st quarter. Bank of America Corp DE now owns 509,498 shares of the real estate investment trust’s stock valued at $54,114,000 after purchasing an additional 241,684 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Federal Realty Investment Trust in the first quarter worth approximately $1,519,000. Contravisory Investment Management Inc. lifted its position in shares of Federal Realty Investment Trust by 1,175.7% in the second quarter. Contravisory Investment Management Inc. now owns 9,708 shares of the real estate investment trust’s stock worth $1,198,000 after purchasing an additional 8,947 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in shares of Federal Realty Investment Trust during the second quarter worth approximately $3,350,000. Finally, Resolution Capital Ltd boosted its holdings in shares of 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 purchasing an additional 340,524 shares during the period. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

NYSE FRT opened at $106.27 on Wednesday. Federal Realty Investment Trust has a 12 month low of $90.03 and a 12 month high of $128.21. 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 firm has a market capitalization of $9.18 billion, a PE ratio of 21.47, a P/E/G ratio of 2.66 and a beta of 0.93. The company’s 50 day simple moving average is $112.83 and its 200 day simple moving average is $116.37.

Federal Realty Investment Trust (NYSE:FRT) last announced its earnings results on Friday, July 31st. The real estate investment trust reported $0.97 EPS for the quarter, missing the consensus estimate of $1.85 by ($0.88). The firm had revenue of $335.71 million for the quarter, compared to the consensus estimate of $331.92 million. Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%. Federal Realty Investment Trust’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.91 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. As a group, equities research analysts forecast 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 announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were paid 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 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Thursday, October 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 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.