Federal Realty Investment Trust (FRT) is experiencing both positive and negative events reflected in the market. The firm expanded its presence in the West Coast by acquiring the Del Monte Shopping Center. Smartleaf Asset Management and Principal Financial Group augmented their position in FRT. Operational performance for the year and quarter ending December 2024 was announced and is expected to be reviewed during Citi's 2025 Global Property CEO Conference.
Unfortunately, the company bore downgrades and cuts in the stock rating by Truist and JPMorgan Chase. Banks also lessened price targets for FRT. Additionally, the trust's stock position by the Mutual of America Capital Management significantly decreased. While FRT matched Q4 FFO estimates, their Q4 earnings presented a slightly different story with some metrics failing to meet expectations.
The trust earned dual top workplace honors from The Washington Post and San Francisco Chronicle and executed key leadership promotions. However, they had to increase a share offering to $750 Million and their Q1 2025 earnings outlook presented by Zacks Research is pessimistic.
Federal Realty Investment Trust FRT News Analytics from Thu, 02 May 2024 07:00:00 GMT to Thu, 13 Mar 2025 12:55:57 GMT -
Rating -2
- Innovation 2
- Information 3
- Rumor 5
