Federal Realty Investment Trust’s (FRT) Equal Weight Rating Reaffirmed at Barclays

Barclays reiterated their equal weight rating on shares of Federal Realty Investment Trust (NYSE:FRT) in a research report sent to investors on Tuesday morning, MarketBeat reports. Barclays currently has a $106.00 price objective on the real estate investment trust’s stock, down from their previous price objective of $113.00.

Other research analysts have also issued research reports about the stock. Wells Fargo & Company started coverage on shares of Federal Realty Investment Trust in a research report on Tuesday, October 21st. They issued an “overweight” rating and a $113.00 price target on the stock. Scotiabank lifted their target price on Federal Realty Investment Trust from $113.00 to $114.00 and gave the stock an “outperform” rating in a report on Thursday, August 28th. Stifel Nicolaus set a $104.50 target price on Federal Realty Investment Trust in a research report on Friday, October 31st. LADENBURG THALM/SH SH upgraded Federal Realty Investment Trust to a “strong-buy” rating in a research report on Tuesday, September 9th. Finally, Evercore ISI dropped their price target on Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating on the stock in a research note on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $107.96.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT opened at $96.75 on Tuesday. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $118.09. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 1.42. The company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 24.49, a PEG ratio of 3.78 and a beta of 1.14. The firm has a 50-day moving average of $98.57 and a two-hundred day moving average of $96.64.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data 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 net margin of 28.01% and a return on equity of 11.19%. The company had revenue of $321.97 million for the quarter, compared to analysts’ expectations of $318.73 million. During the same quarter in the previous year, the company posted $1.71 EPS. The business’s revenue 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, analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 114.72%.

Institutional Investors Weigh In On Federal Realty Investment Trust

Hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new stake in Federal Realty Investment Trust during the 3rd quarter worth about $35,000. PharVision Advisers LLC purchased a new stake in shares of Federal Realty Investment Trust in the third quarter worth approximately $229,000. State Street Corp lifted its position in shares of Federal Realty Investment Trust by 1.4% in the third quarter. State Street Corp now owns 6,668,743 shares of the real estate investment trust’s stock worth $675,610,000 after purchasing an additional 90,127 shares in the last quarter. Polymer Capital Management HK LTD acquired a new stake in shares of Federal Realty Investment Trust during the third quarter worth approximately $287,000. Finally, Quarry LP grew its position in Federal Realty Investment Trust by 90.6% during the third quarter. Quarry LP now owns 711 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 338 shares in the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.