Federal Realty Investment Trust (NYSE:FRT) Hits New 52-Week Low - What's Next?

Federal Realty Investment Trust (NYSE:FRT - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $82.63 and last traded at $83.56, with a volume of 1853378 shares traded. The stock had previously closed at $86.57.

Wall Street Analysts Forecast Growth

FRT has been the topic of a number of recent research reports. StockNews.com upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Friday, February 21st. Truist Financial downgraded Federal Realty Investment Trust from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $114.00 to $105.00 in a report on Thursday, March 13th. JPMorgan Chase & Co. reduced their target price on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating for the company in a research note on Friday, March 7th. Mizuho lowered their target price 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, Scotiabank decreased their price target on Federal Realty Investment Trust from $126.00 to $117.00 and set a "sector outperform" rating for the company in a research note on Friday, February 28th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $116.00.

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Federal Realty Investment Trust Trading Up 2.1 %

The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $7.91 billion, a P/E ratio of 26.88, a P/E/G ratio of 2.20 and a beta of 1.08. The business's fifty day simple moving average is $99.81 and its two-hundred day simple moving average is $107.32.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting the consensus estimate of $1.73. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. The business had revenue of $311.44 million during the quarter, compared to analysts' expectations of $311.85 million. As a group, analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 4.77%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 128.28%.

Institutional Trading of Federal Realty Investment Trust

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Federal Realty Investment Trust by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 13,041,061 shares of the real estate investment trust's stock valued at $1,459,947,000 after purchasing an additional 218,671 shares in the last quarter. Norges Bank bought a new stake in Federal Realty Investment Trust in the fourth quarter valued at $810,544,000. JPMorgan Chase & Co. raised its stake in Federal Realty Investment Trust by 3.6% during the third quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock worth $561,743,000 after acquiring an additional 168,885 shares in the last quarter. Resolution Capital Ltd lifted its holdings in shares of Federal Realty Investment Trust by 12.4% during the fourth quarter. Resolution Capital Ltd now owns 3,523,155 shares of the real estate investment trust's stock valued at $394,417,000 after acquiring an additional 389,266 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Federal Realty Investment Trust by 41.4% in the 4th quarter. Invesco Ltd. now owns 3,053,443 shares of the real estate investment trust's stock valued at $341,833,000 after purchasing an additional 893,258 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 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.