From MarketBeat:

Zacks Research raised the Q3 2024 EPS estimates for Federal Realty Investment Trust. The consensus estimate for their current yearly earnings is $6.55 a share. Recent ratings on FRT from investment analysts include “neutral,” “overweight,” and “hold.” The stock was listed as a “moderate buy” with a consensus target price of $112.45.

A number of institutional investors recently modified their positions in the FRT stock, with a significant portion owned by institutions. The CEO and COO of Federal Realty Investment Trust recently sold shares of the stock. A quarterly dividend of $1.09 will be paid to shareholders, with an ex-dividend date of December 29th. The company’s current dividend yield is 4.28%.

Federal Realty Investment Trust is a leader in the ownership and operation of high-quality retail-based properties in major coastal markets. With a mission to deliver sustainable growth, the company is dedicated to investing in communities where retail demand exceeds supply.

MarketBeat’s review of top analysts’ stock recommendations lists Federal Realty Investment Trust as a “Moderate Buy,” while identifying five stocks as better buys. Additionally, MarketBeat released a list of 10 cheap stocks that may be undervalued.



Read more: Brokers Set Expectations for Federal Realty Investment Trust’s Q3 2024 Earnings (NYSE:FRT)