Federal Realty Investment Trust (NYSE:FRT) Shares Gap Down – Time to Sell?

Shares of Federal Realty Investment Trust (NYSE:FRT) gapped down prior to trading on Friday . The stock had previously closed at $101.81, but opened at $99.35. Federal Realty Investment Trust shares last traded at $98.7160, with a volume of 18,888 shares.

Wall Street Analyst Weigh In

FRT has been the topic of a number of research analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Federal Realty Investment Trust in a research report on Monday, December 29th. Wells Fargo & Company started coverage on Federal Realty Investment Trust in a research note on Tuesday, October 21st. They issued an “overweight” rating and a $113.00 price objective for the company. Deutsche Bank Aktiengesellschaft set a $105.00 price objective on Federal Realty Investment Trust and gave the company a “hold” rating in a report on Tuesday, October 7th. LADENBURG THALM/SH SH upgraded Federal Realty Investment Trust to a “strong-buy” rating in a report on Tuesday, September 9th. Finally, Jefferies Financial Group raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and lifted their target price for the company from $101.00 to $115.00 in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $109.30.

Federal Realty Investment Trust Stock Performance

The firm has a market capitalization of $8.54 billion, a price-to-earnings ratio of 25.14, a PEG ratio of 3.55 and a beta of 1.01. The firm has a 50 day moving average price of $98.53 and a 200-day moving average price of $97.52. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.60 and a quick ratio of 1.60.

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

Federal Realty Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, January 2nd will be issued a $1.13 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $4.52 annualized dividend and a yield of 4.6%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 114.72%.

Institutional Investors Weigh In On Federal Realty Investment Trust

A number of large investors have recently modified their holdings of the company. Hilltop National Bank acquired a new stake in shares of Federal Realty Investment Trust in the 2nd quarter valued at $28,000. Spire Wealth Management increased its holdings in Federal Realty Investment Trust by 365.3% in the second quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 263 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Federal Realty Investment Trust in the third quarter valued at $35,000. Quent Capital LLC purchased a new stake in Federal Realty Investment Trust during the 3rd quarter worth about $39,000. Finally, Hantz Financial Services Inc. boosted its position in shares of Federal Realty Investment Trust by 1,148.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 412 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 379 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 (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.