Media headlines about Federal Realty Investment Trust (NYSE:FRT) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Federal Realty Investment Trust earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 45.2596791071067 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
Federal Realty Investment Trust (NYSE FRT) traded down $0.98 during trading on Tuesday, hitting $109.26. 89,658 shares of the stock were exchanged, compared to its average volume of 541,863. The company has a market cap of $7,973.63, a P/E ratio of 26.89, a P/E/G ratio of 2.97 and a beta of 0.23. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.27. Federal Realty Investment Trust has a fifty-two week low of $106.64 and a fifty-two week high of $143.79.
Several brokerages have recently commented on FRT. Wells Fargo & Co reduced their price target on shares of Federal Realty Investment Trust from $151.00 to $144.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 6th. They noted that the move was a valuation call. Boenning Scattergood set a $140.00 price target on shares of Federal Realty Investment Trust and gave the company a “buy” rating in a research note on Friday, December 8th. UBS Group upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and raised their price target for the company from $131.00 to $141.00 in a research note on Thursday, November 9th. BMO Capital Markets reiterated a “buy” rating and set a $142.00 price objective on shares of Federal Realty Investment Trust in a research note on Tuesday, January 9th. Finally, Mizuho reiterated a “buy” rating and set a $142.00 price objective on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $140.83.
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Federal Realty Investment Trust Company Profile
Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.
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