Federal Realty Investment Trust (NYSE:FRT) Short Interest Down 18.7% in April

Federal Realty Investment Trust (NYSE:FRT) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 2,626,721 shares, a drop of 18.7% from the March 31st total of 3,230,635 shares. Based on an average daily volume of 1,112,361 shares, the short-interest ratio is presently 2.4 days. Approximately 3.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Federal Realty Investment Trust during the 4th quarter worth approximately $734,290,000. State Street Corp increased its position in Federal Realty Investment Trust by 1.4% in the 3rd quarter. State Street Corp now owns 6,668,743 shares of the real estate investment trust’s stock valued at $675,610,000 after acquiring an additional 90,127 shares during the period. Resolution Capital Ltd increased its position in Federal Realty Investment Trust by 11.8% in the 2nd quarter. Resolution Capital Ltd now owns 3,264,653 shares of the real estate investment trust’s stock valued at $310,109,000 after acquiring an additional 344,189 shares during the period. Invesco Ltd. raised its stake 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 valued at $275,466,000 after acquiring an additional 72,718 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Federal Realty Investment Trust by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 2,198,241 shares of the real estate investment trust’s stock valued at $221,217,000 after acquiring an additional 23,214 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

Shares of FRT traded up $0.14 during trading hours on Thursday, reaching $110.75. The stock had a trading volume of 1,527,280 shares, compared to its average volume of 815,513. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.67 and a current ratio of 1.67. Federal Realty Investment Trust has a 12 month low of $89.99 and a 12 month high of $113.09. The stock has a market capitalization of $9.57 billion, a PE ratio of 23.72, a PEG ratio of 4.84 and a beta of 0.98. The company’s 50-day moving average is $107.88 and its two-hundred day moving average is $102.89.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.38). Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The firm had revenue of $336.05 million for the quarter, compared to the consensus estimate of $327.65 million. During the same quarter in the prior year, the firm earned $1.73 EPS. The company’s revenue was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. Research analysts expect that Federal Realty Investment Trust will post 7.47 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Wednesday, April 1st. Federal Realty Investment Trust’s payout ratio is 96.79%.

Analyst Ratings Changes

FRT has been the subject of several recent analyst reports. Barclays dropped their price objective on Federal Realty Investment Trust from $109.00 to $107.00 and set an “equal weight” rating for the company in a research report on Monday, April 13th. Piper Sandler lifted their target price on Federal Realty Investment Trust from $115.00 to $127.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Truist Financial boosted their target price on Federal Realty Investment Trust from $111.00 to $112.00 and gave the stock a “hold” rating in a research note on Monday, March 23rd. Wells Fargo & Company increased their target price on shares of Federal Realty Investment Trust from $113.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Finally, Stifel Nicolaus raised their price target on shares of Federal Realty Investment Trust from $109.50 to $111.00 and gave the company a “hold” rating in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and an average price target of $112.43.

Federal Realty Investment Trust Company Profile

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.