Federal Realty Investment Trust (NYSE:FRT – Get Free Report) had its target price increased by equities researchers at JPMorgan Chase & Co. from $124.00 to $129.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 9.65% from the stock’s previous close.
Several other research analysts have also recently weighed in on FRT. Deutsche Bank Aktiengesellschaft upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $135.00 target price on the stock in a report on Friday, May 29th. Evercore set a $122.00 price target on shares of Federal Realty Investment Trust in a research report on Tuesday, July 7th. Wolfe Research began coverage on shares of Federal Realty Investment Trust in a report on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 price objective on the stock. Piper Sandler lifted their target price on shares of Federal Realty Investment Trust from $127.00 to $149.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Finally, Weiss Ratings cut Federal Realty Investment Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $128.75.
Check Out Our Latest Report on FRT
Federal Realty Investment Trust Price Performance
Federal Realty Investment Trust (NYSE:FRT – Get Free Report) last announced its earnings results on Friday, July 31st. The real estate investment trust reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.88). The firm had revenue of $335.71 million for the quarter, compared to analyst estimates of $331.92 million. Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. Federal Realty Investment Trust’s revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.91 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. As a group, equities research analysts anticipate that Federal Realty Investment Trust will post 7.54 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Federal Realty Investment Trust
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its stake in Federal Realty Investment Trust by 90.2% during the first quarter. Bank of America Corp DE now owns 509,498 shares of the real estate investment trust’s stock worth $54,114,000 after acquiring an additional 241,684 shares during the last quarter. Contravisory Investment Management Inc. grew its holdings in shares of Federal Realty Investment Trust by 1,175.7% during the 2nd quarter. Contravisory Investment Management Inc. now owns 9,708 shares of the real estate investment trust’s stock worth $1,198,000 after purchasing an additional 8,947 shares during the period. UBS Group AG grew its holdings in shares of Federal Realty Investment Trust by 23.3% during the 4th quarter. UBS Group AG now owns 382,183 shares of the real estate investment trust’s stock worth $38,524,000 after purchasing an additional 72,293 shares during the period. Renaissance Technologies LLC acquired a new stake in Federal Realty Investment Trust during the 1st quarter worth approximately $1,519,000. Finally, Farmers & Merchants Investments Inc. increased its position in Federal Realty Investment Trust by 42,977.6% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 21,108 shares of the real estate investment trust’s stock worth $2,128,000 after purchasing an additional 21,059 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.
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.
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