Federal Realty Investment Trust

FRT · NYSE

$106.53+$1.76 (+1.68%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $104.77

FRT analyst rating

BuyConsensus of 15 analysts over the last 12 months. 53% rate it a buy.

Strong buy0
Buy8
Hold7
Underperform0
Sell0

12-month price target · 22 analysts

Average $133.46 (+25.3% upside)

Low: $113.12
Now: $106.53
High: $156.45

Upgrades and downgrades

The latest rating actions, newest first

FRT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Oct 12, 2026	Maintains	Overweight	$149.00 → $131.00	44%
UBS	Oct 9, 2026	Maintains	Neutral	$127.00 → $115.00	45%
Wells Fargo	Oct 5, 2026	Maintains	Overweight	$134.00 → $126.00	48%
Truist Securities	Oct 2, 2026	Initiates	Hold	$118.00 → $116.00	54%
Barclays	Sep 28, 2026	Maintains	Equal-Weight	$123.00 → $118.00	38%
Mizuho	Sep 24, 2026	Maintains	Outperform	$130.00 → $117.00	44%
Evercore ISI Group	Sep 21, 2026	Maintains	In-Line	$125.00 → $123.00	45%
Scotiabank	Sep 17, 2026	Maintains	Sector Outperform	$128.00 → $126.00	47%
JP Morgan	Sep 4, 2026	Maintains	Overweight	$124.00 → $129.00	53%
Barclays	Aug 17, 2026	Maintains	Equal-Weight	$120.00 → $123.00	38%

The case for and against

Updated Aug 7, 2025

Bull case

Federal Realty Investment Trust reported a 3.8% year-over-year improvement in comparable cash property operating income (POI) for the fourth quarter, signaling robust financial health and operational performance. The REIT's strategic focus on large-scale mixed-use developments and prime metropolitan markets has positioned its portfolio to benefit from above-average growth, with anticipated comparable POI growth of 3%-4% in the upcoming year. Additionally, the guidance for 2025 funds from operations (FFO) of $7.10-$7.22 reflects an expected year-over-year growth of approximately 5.9%, further illustrating the company's commitment to sustainable growth in high-demand areas.

Bear case

Federal Realty Investment Trust faces numerous challenges that contribute to a negative outlook on its stock. Economic downturns can significantly reduce consumer spending, leading to lower tenant sales and increased risks of rent defaults or vacancies, compounded by high tenant turnover that elevates leasing costs. Additionally, the evolving market dynamics, such as the rise of e-commerce which diminishes demand for traditional retail spaces, alongside rising interest rates that increase borrowing costs, further strain the company's financial stability and limit its operational flexibility.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.