Federal Realty Investment Trust (NYSE: FRT) – A Le…
From Financial Modeling Prep: 2025-05-29 18:00:00
Federal Realty Investment Trust (NYSE: FRT) is a leading real estate company focusing on high-quality retail properties in major coastal markets like Washington, D.C. and California. With a commitment to sustainable growth, Federal Realty invests in areas with high retail demand.
In their 2024 Sustainability Report, Federal Realty showcases their success in developing urban, mixed-use neighborhoods that combine shopping, dining, living, and working spaces. Managing 103 properties with over 3,500 tenants, the company is known for creating vibrant community destinations like Santana Row and Pike & Rose.
Federal Realty has a strong financial track record, having increased dividends for 57 consecutive years, the longest streak in the REIT industry. As a member of the S&P 500 index, the company’s shares are actively traded on the NYSE under the symbol FRT.
BMO Capital recently upgraded Federal Realty to “Outperform,” with the stock priced at $92.56. Despite lowering the price target to $110 from $117, the new target suggests a potential price increase of approximately 18.84% from the current price.
On May 26, 2025, NYSE:FRT reached a high of $96.74, reflecting positive market sentiment and confidence in Federal Realty’s long-term growth strategy. The company’s focus on sustainability and community development continues to drive its success in the competitive real estate market.
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