FY2024 Earnings Estimate for FRT Issued By Zacks Research

Federal Realty Investment Trust (NYSE:FRT) – Zacks Research cut their FY2024 earnings per share (EPS) estimates for Federal Realty Investment Trust in a research note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings of $6.78 per share for the year, down from their previous estimate of $6.80. The consensus estimate for Federal Realty Investment Trust’s current full-year earnings is $6.80 per share. Zacks Research also issued estimates for Federal Realty Investment Trust’s Q4 2024 earnings at $1.74 EPS, Q1 2025 earnings at $1.73 EPS, Q2 2025 earnings at $1.78 EPS, Q3 2025 earnings at $1.78 EPS, Q4 2025 earnings at $1.84 EPS, FY2025 earnings at $7.13 EPS and Q3 2026 earnings at $1.85 EPS.

Several other equities analysts have also weighed in on FRT. Evercore ISI upped their price objective on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Raymond James raised their price objective on Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, August 16th. Scotiabank decreased their price objective on Federal Realty Investment Trust from $120.00 to $119.00 and set a “sector outperform” rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. increased their price target on Federal Realty Investment Trust from $121.00 to $122.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. Finally, Mizuho lifted their price objective on shares of Federal Realty Investment Trust from $104.00 to $116.00 and gave the stock a “neutral” rating in a report on Monday, August 19th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, Federal Realty Investment Trust currently has an average rating of “Moderate Buy” and an average price target of $122.85.

Federal Realty Investment Trust Stock Up 1.2 %

Shares of NYSE FRT opened at $114.46 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. The firm has a market cap of $9.49 billion, a PE ratio of 33.27, a P/E/G ratio of 2.15 and a beta of 1.24. The company’s fifty day simple moving average is $113.36 and its 200 day simple moving average is $108.83. Federal Realty Investment Trust has a 12-month low of $91.40 and a 12-month high of $118.34.

Hedge Funds Weigh In On Federal Realty Investment Trust

Hedge funds have recently made changes to their positions in the stock. Coldstream Capital Management Inc. bought a new stake in Federal Realty Investment Trust during the 3rd quarter worth approximately $202,000. Geode Capital Management LLC increased its holdings in shares of Federal Realty Investment Trust by 0.4% in the third quarter. Geode Capital Management LLC now owns 1,956,097 shares of the real estate investment trust’s stock worth $224,565,000 after purchasing an additional 7,160 shares during the period. M&T Bank Corp raised its position in shares of Federal Realty Investment Trust by 1.5% in the third quarter. M&T Bank Corp now owns 9,771 shares of the real estate investment trust’s stock worth $1,123,000 after buying an additional 149 shares in the last quarter. Barclays PLC grew its position in Federal Realty Investment Trust by 3.4% during the third quarter. Barclays PLC now owns 132,497 shares of the real estate investment trust’s stock worth $15,232,000 after buying an additional 4,324 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its position in Federal Realty Investment Trust by 0.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 426,281 shares of the real estate investment trust’s stock worth $49,010,000 after buying an additional 3,995 shares in the last quarter. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 30,292 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $116.17, for a total transaction of $3,519,021.64. Following the sale, the chief executive officer now owns 6,637 shares in the company, valued at $771,020.29. This represents a 82.03 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.00% of the company’s stock.

Federal Realty Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be paid a $1.10 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $4.40 annualized dividend and a dividend yield of 3.84%. Federal Realty Investment Trust’s payout ratio is presently 127.91%.

About Federal Realty Investment Trust

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.