Federal Realty Investment Trust (NYSE:FRT) Receives Consensus Rating of “Moderate Buy” from Analysts

Federal Realty Investment Trust (NYSE:FRT) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $119.77.

FRT has been the subject of a number of analyst reports. Truist Financial cut shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating and decreased their price objective for the company from $114.00 to $105.00 in a research report on Thursday, March 13th. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, February 21st. Wells Fargo & Company reduced their price objective on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. Mizuho dropped their price target on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. dropped their price target on Federal Realty Investment Trust from $125.00 to $114.00 and set an “overweight” rating on the stock in a research note on Friday, March 7th.

Federal Realty Investment Trust Stock Performance

NYSE:FRT opened at $98.21 on Tuesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a market cap of $8.41 billion, a PE ratio of 28.63, a P/E/G ratio of 2.20 and a beta of 1.27. The firm has a 50 day simple moving average of $104.37 and a 200-day simple moving average of $109.87. Federal Realty Investment Trust has a 1-year low of $94.58 and a 1-year high of $118.34.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.73. The business had revenue of $311.44 million for the quarter, compared to analysts’ expectations of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, equities analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 annualized dividend and a yield of 4.48%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 128.28%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. FIL Ltd boosted its holdings in Federal Realty Investment Trust by 0.3% in the 4th quarter. FIL Ltd now owns 35,591 shares of the real estate investment trust’s stock valued at $3,984,000 after purchasing an additional 95 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in Federal Realty Investment Trust by 1.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust’s stock valued at $734,000 after buying an additional 110 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in Federal Realty Investment Trust by 25.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 111 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of Federal Realty Investment Trust by 2.7% during the fourth quarter. Park Avenue Securities LLC now owns 4,758 shares of the real estate investment trust’s stock worth $533,000 after purchasing an additional 125 shares during the last quarter. Finally, Keybank National Association OH grew its stake in shares of Federal Realty Investment Trust by 5.1% during the fourth quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust’s stock valued at $293,000 after purchasing an additional 128 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

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.