Federal Realty Investment Trust (NYSE:FRT) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Federal Realty Investment Trust (NYSE:FRT) have been assigned a consensus rating of “Moderate Buy” from the seventeen brokerages that are currently covering the firm, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $109.6333.

A number of analysts recently issued reports on the company. Evercore ISI lowered their target price on Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating for the company in a research note on Monday, November 3rd. Stifel Nicolaus set a $109.50 price target on shares of Federal Realty Investment Trust in a report on Thursday, December 18th. Mizuho set a $105.00 price objective on shares of Federal Realty Investment Trust in a research report on Friday. Weiss Ratings restated a “hold (c+)” rating on shares of Federal Realty Investment Trust in a report on Monday, December 29th. Finally, Wall Street Zen raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th.

Institutional Investors Weigh In On Federal Realty Investment Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its position in Federal Realty Investment Trust by 21.5% during the 1st quarter. Jones Financial Companies Lllp now owns 2,903 shares of the real estate investment trust’s stock worth $284,000 after acquiring an additional 514 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Federal Realty Investment Trust by 43.1% in the first quarter. Goldman Sachs Group Inc. now owns 612,574 shares of the real estate investment trust’s stock worth $59,922,000 after purchasing an additional 184,557 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Federal Realty Investment Trust by 12.5% in the first quarter. Empowered Funds LLC now owns 3,205 shares of the real estate investment trust’s stock worth $310,000 after purchasing an additional 355 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Federal Realty Investment Trust by 3.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 700,435 shares of the real estate investment trust’s stock worth $68,517,000 after purchasing an additional 26,200 shares during the last quarter. Finally, Voya Investment Management LLC boosted its holdings in Federal Realty Investment Trust by 1.1% during the first quarter. Voya Investment Management LLC now owns 22,959 shares of the real estate investment trust’s stock worth $2,246,000 after purchasing an additional 254 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Performance

FRT stock opened at $101.63 on Monday. Federal Realty Investment Trust has a 1-year low of $80.65 and a 1-year high of $111.82. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.52. The firm has a market cap of $8.77 billion, a PE ratio of 25.80, a P/E/G ratio of 3.64 and a beta of 1.01. The business’s 50-day moving average price is $98.95 and its two-hundred day moving average price is $97.74.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.01. Federal Realty Investment Trust had a return on equity of 11.12% and a net margin of 27.65%.The company had revenue of $321.97 million during the quarter, compared to the consensus estimate of $318.73 million. During the same period in the prior year, the company earned $1.71 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. As a group, research analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, January 2nd. Federal Realty Investment Trust’s payout ratio is 114.72%.

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.