Federal Realty Investment Trust (NYSE:FRT) Updates FY 2026 Earnings Guidance

Federal Realty Investment Trust (NYSE:FRT) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 7.480-7.560 for the period, compared to the consensus EPS estimate of 7.520. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Barclays upped their price target on shares of Federal Realty Investment Trust from $116.00 to $120.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Truist Financial boosted their price objective on Federal Realty Investment Trust from $112.00 to $118.00 and gave the company a “hold” rating in a research note on Friday, June 5th. Piper Sandler upped their target price on Federal Realty Investment Trust from $127.00 to $149.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Evercore set a $122.00 target price on Federal Realty Investment Trust in a research note on Tuesday, July 7th. Finally, Citigroup lifted their target price on Federal Realty Investment Trust from $106.00 to $120.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.62.

Federal Realty Investment Trust Stock Up 0.1%

Shares of NYSE FRT opened at $124.18 on Friday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.51. The firm has a market cap of $10.73 billion, a PE ratio of 25.09, a P/E/G ratio of 2.95 and a beta of 0.93. The company’s fifty day simple moving average is $122.83 and its 200 day simple moving average is $112.94. Federal Realty Investment Trust has a 12-month low of $89.99 and a 12-month high of $128.21.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.85 by ($0.88). Federal Realty Investment Trust had a net margin of 38.63% and a return on equity of 15.99%. The company had revenue of $338.39 million during the quarter, compared to the consensus estimate of $331.92 million. During the same period last year, the firm posted $1.91 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. As a group, sell-side analysts forecast that Federal Realty Investment Trust will post 7.52 earnings per share for the current fiscal year.

Federal Realty Investment Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, October 1st. This is a positive change from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. Federal Realty Investment Trust’s dividend payout ratio is presently 78.47%.

Key Headlines Impacting Federal Realty Investment Trust

Here are the key news stories impacting Federal Realty Investment Trust this week:

• Positive Sentiment: Second-quarter core funds from operations (FFO) came in at $1.88 per share, above the $1.85 analyst consensus. Revenue of approximately $338.4 million also exceeded expectations and increased 7.8% year over year. Federal Realty Investment Trust Q2 FFO and Revenues Beat Estimates
• Positive Sentiment: Leasing momentum was a key catalyst: FRT signed 124 comparable retail leases covering 819,273 square feet, with cash rent growth of 15%. Portfolio occupancy reached 93.8%, while the leased rate was 96.1%, signaling sustained tenant demand and potential for further rent growth. Federal Realty’s Q2 FFO Beats on Record Leasing, Dividend Raised
• Positive Sentiment: Management raised and tightened its 2026 outlook, including core FFO guidance of approximately $7.48 to $7.56 per share and earnings-per-share guidance of $4.22 to $4.30. The company also increased its regular common dividend by 3% to $1.16 per share, extending its record of annual dividend increases to 59 consecutive years. Federal Realty Reports Second Quarter Results and Guidance Raise
• Neutral Sentiment: Analysts maintain a consensus rating of “Moderate Buy”, providing supportive sentiment but not representing a new, company-specific earnings catalyst. Federal Realty Given Consensus Rating of Moderate Buy
• Negative Sentiment: Reported net income fell sharply year over year, with EPS declining to $0.97 from $1.78 and operating income decreasing to $138.7 million from $202.7 million. However, the decline was less important to investors than the growth in recurring core FFO, revenue and leasing results. Federal Realty Q2 EPS Hits 97 Cents as Guidance Rises

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. raised its position in shares of Federal Realty Investment Trust by 2.7% during the fourth quarter. Invesco Ltd. now owns 2,732,796 shares of the real estate investment trust’s stock worth $275,466,000 after purchasing an additional 72,718 shares during the period. Corient Private Wealth LLC grew its position in Federal Realty Investment Trust by 480.0% in the 4th quarter. Corient Private Wealth LLC now owns 35,878 shares of the real estate investment trust’s stock valued at $3,617,000 after purchasing an additional 29,692 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Federal Realty Investment Trust by 51.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 55,556 shares of the real estate investment trust’s stock valued at $5,600,000 after purchasing an additional 18,827 shares during the period. State of Tennessee Department of Treasury increased its stake in Federal Realty Investment Trust by 4.5% during the 4th quarter. State of Tennessee Department of Treasury now owns 152,013 shares of the real estate investment trust’s stock valued at $15,378,000 after purchasing an additional 6,601 shares in the last quarter. Finally, Mackenzie Financial Corp increased its stake in Federal Realty Investment Trust by 3.9% during the 4th quarter. Mackenzie Financial Corp now owns 3,139 shares of the real estate investment trust’s stock valued at $319,000 after purchasing an additional 117 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.

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.