Federal Realty Investment Trust (NYSE:FRT) Hits New 1-Year High – Still a Buy?

Federal Realty Investment Trust (NYSE:FRT)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $111.50 and last traded at $111.6380, with a volume of 86892 shares traded. The stock had previously closed at $110.04.

Wall Street Analyst Weigh In

FRT has been the topic of a number of research reports. Evercore set a $107.00 price objective on Federal Realty Investment Trust in a report on Tuesday, February 17th. Scotiabank raised their price objective on Federal Realty Investment Trust from $113.00 to $118.00 and gave the company a “sector outperform” rating in a report on Tuesday, March 24th. Wall Street Zen raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. Piper Sandler upped their price objective on shares of Federal Realty Investment Trust from $115.00 to $127.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Finally, Stifel Nicolaus upped their price objective on shares of 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. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Federal Realty Investment Trust has an average rating of “Moderate Buy” and an average price target of $112.43.

Federal Realty Investment Trust Trading Up 1.9%

The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.57. The firm has a fifty day simple moving average of $106.77 and a two-hundred day simple moving average of $102.00. The firm has a market cap of $9.69 billion, a PE ratio of 24.01, a PEG ratio of 4.82 and a beta of 0.98.

Federal Realty Investment Trust (NYSE:FRT) last issued 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 net margin of 32.14% and a return on equity of 13.10%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.73 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. Equities analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were paid a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is presently 96.79%.

Institutional Trading of Federal Realty Investment Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. ProShare Advisors LLC grew its holdings in shares of Federal Realty Investment Trust by 5.7% during the third quarter. ProShare Advisors LLC now owns 1,797,002 shares of the real estate investment trust’s stock valued at $182,054,000 after buying an additional 96,271 shares during the last quarter. Truist Financial Corp raised its stake in shares of Federal Realty Investment Trust by 496.2% in the third quarter. Truist Financial Corp now owns 129,198 shares of the real estate investment trust’s stock worth $13,089,000 after purchasing an additional 107,529 shares during the last quarter. Knights of Columbus Asset Advisors LLC purchased a new position in shares of Federal Realty Investment Trust in the third quarter worth $972,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Federal Realty Investment Trust by 173.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,791 shares of the real estate investment trust’s stock valued at $1,541,000 after acquiring an additional 10,021 shares during the last quarter. Finally, Ascent Group LLC purchased a new stake in shares of Federal Realty Investment Trust during the 3rd quarter valued at about $1,146,000. Hedge funds and other institutional investors own 93.86% of the company’s stock.

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.