Federal Realty Investment Trust (NYSE:FRT) Given New $120.00 Price Target at Wells Fargo & Company

Federal Realty Investment Trust (NYSE:FRT) had its price target upped by Wells Fargo & Company from $113.00 to $120.00 in a research note released on Thursday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the real estate investment trust’s stock.

Several other equities analysts have also weighed in on FRT. Stifel Nicolaus lifted their price objective 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. Scotiabank dropped their target price on shares of 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. Truist Financial raised their price target on shares of Federal Realty Investment Trust from $105.00 to $109.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. Evercore set a $107.00 price target on shares of Federal Realty Investment Trust in a research report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $107.00 to $114.00 in a research note on Thursday, December 18th. One investment 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $111.60.

Federal Realty Investment Trust Trading Up 0.8%

FRT stock opened at $106.35 on Thursday. The company has a market cap of $9.18 billion, a price-to-earnings ratio of 22.77, a PEG ratio of 4.64 and a beta of 0.99. 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 fifty day simple moving average of $105.00 and a 200-day simple moving average of $101.16. Federal Realty Investment Trust has a 52 week low of $80.65 and a 52 week high of $110.89.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.38). Federal Realty Investment Trust had a net margin of 32.14% and a return on equity of 13.10%. The firm had revenue of $336.05 million during the quarter, compared to analyst estimates of $327.65 million. During the same quarter in the previous year, the business posted $1.73 EPS. Federal Realty Investment Trust’s revenue 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. On average, equities research analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 96.79%.

Hedge Funds Weigh In On Federal Realty Investment Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Park Square Financial Group LLC purchased a new stake in shares of Federal Realty Investment Trust during the fourth quarter valued at approximately $25,000. Turning Point Benefit Group Inc. lifted its position in shares of Federal Realty Investment Trust by 1,853.8% during the fourth quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 241 shares in the last quarter. True Wealth Design LLC boosted its stake in shares of Federal Realty Investment Trust by 88.7% in the fourth quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 126 shares during the period. Private Trust Co. NA boosted its stake in shares of Federal Realty Investment Trust by 937.5% in the fourth quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 300 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in Federal Realty Investment Trust during the 3rd quarter valued at $35,000. Hedge funds and other institutional investors own 93.86% of the company’s stock.

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.