Federal Realty Investment Trust (NYSE:FRT) Hits New 12-Month High After Analyst Upgrade

Shares of Federal Realty Investment Trust (NYSE:FRT) hit a new 52-week high during trading on Monday after Barclays raised their price target on the stock from $107.00 to $109.00. Barclays currently has an equal weight rating on the stock. Federal Realty Investment Trust traded as high as $110.23 and last traded at $110.0750, with a volume of 211904 shares trading hands. The stock had previously closed at $108.77.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $107.00 to $114.00 in a report on Thursday, December 18th. Jefferies Financial Group raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and raised their price target for the company from $101.00 to $115.00 in a research report on Monday, December 15th. Scotiabank cut their price objective on Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 14th. Stifel Nicolaus increased their target price on 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. Finally, Weiss Ratings raised Federal Realty Investment Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $111.13.

Institutional Trading of Federal Realty Investment Trust

Institutional investors and hedge funds have recently modified their holdings of the company. Jones Financial Companies Lllp raised its position in Federal Realty Investment Trust by 21.5% in the first quarter. Jones Financial Companies Lllp now owns 2,903 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 514 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Federal Realty Investment Trust by 43.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 612,574 shares of the real estate investment trust’s stock valued at $59,922,000 after purchasing an additional 184,557 shares during the period. Empowered Funds LLC raised its holdings in shares of Federal Realty Investment Trust by 12.5% in the 1st quarter. Empowered Funds LLC now owns 3,205 shares of the real estate investment trust’s stock worth $310,000 after buying an additional 355 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Federal Realty Investment Trust by 5.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 75,701 shares of the real estate investment trust’s stock worth $7,191,000 after buying an additional 4,204 shares during the period. Finally, Teacher Retirement System of Texas boosted its stake in Federal Realty Investment Trust by 7.7% in the 2nd quarter. Teacher Retirement System of Texas now owns 12,335 shares of the real estate investment trust’s stock valued at $1,172,000 after buying an additional 886 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Stock Up 0.3%

The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.57. The business has a 50-day simple moving average of $103.70 and a two-hundred day simple moving average of $100.47. The stock has a market capitalization of $9.55 billion, a P/E ratio of 23.70, a PEG ratio of 4.84 and a beta of 0.99.

Federal Realty Investment Trust (NYSE:FRT) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) 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 analyst estimates of $327.65 million. During the same quarter last year, the business earned $1.73 EPS. The company’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 7.420-7.520 EPS. Equities research analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, April 1st. Federal Realty Investment Trust’s payout ratio is presently 96.79%.

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.