Scotiabank Boosts Federal Realty Investment Trust (NYSE:FRT) Price Target to $118.00

Federal Realty Investment Trust (NYSE:FRT) had its price target boosted by investment analysts at Scotiabank from $113.00 to $118.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “sector outperform” rating on the real estate investment trust’s stock. Scotiabank’s target price suggests a potential upside of 14.35% from the company’s current price.

A number of other equities research analysts have also recently commented on the stock. Evercore set a $107.00 price target on shares of Federal Realty Investment Trust in a report on Tuesday, February 17th. Barclays increased their price objective on Federal Realty Investment Trust from $107.00 to $109.00 and gave the company an “equal weight” rating in a report on Monday, March 2nd. Wells Fargo & Company boosted their target price on Federal Realty Investment Trust from $113.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Weiss Ratings cut Federal Realty Investment Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. Finally, UBS Group set a $113.00 price target on Federal Realty Investment Trust in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Federal Realty Investment Trust presently has an average rating of “Moderate Buy” and an average target price of $112.13.

Federal Realty Investment Trust Price Performance

Shares of NYSE:FRT opened at $103.19 on Tuesday. The company’s 50-day moving average is $105.12 and its 200 day moving average is $101.24. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.67 and a current ratio of 1.67. The company has a market capitalization of $8.90 billion, a P/E ratio of 22.10, a price-to-earnings-growth ratio of 4.53 and a beta of 0.99. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $110.89.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data 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). The company had revenue of $336.05 million for the quarter, compared to analysts’ expectations of $327.65 million. Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the business posted $1.73 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. On average, equities research analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FRT. Rockefeller Capital Management L.P. raised its position in shares of Federal Realty Investment Trust by 44.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 188,836 shares of the real estate investment trust’s stock worth $19,035,000 after buying an additional 57,846 shares in the last quarter. Corient Private Wealth LLC grew its position in Federal Realty Investment Trust by 81.1% during the fourth quarter. Corient Private Wealth LLC now owns 11,200 shares of the real estate investment trust’s stock worth $1,129,000 after buying an additional 5,014 shares in the last quarter. DGS Capital Management LLC bought a new position in Federal Realty Investment Trust in the 4th quarter worth about $450,000. Kera Capital Partners Inc. bought a new position in Federal Realty Investment Trust in the 4th quarter worth about $295,000. Finally, Invesco Ltd. raised its holdings in shares of Federal Realty Investment Trust by 2.7% in the 4th 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 in the last quarter. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

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.