The recent reports reveal several noteworthy developments about Federal Realty Investment Trust (FRT). FRT has shown a significant surge of 8.2%, suggesting potential for further gains. The trust has also announced its operating results for Q4 and full year, ended December 31, 2024. It has been lauded as a reliable dividend stock, yielding close to 5%, and being considered one of the Top 25 safe dividend stocks. The Trust continues to innovate with property upgrades maintaining its position as a ‘Dividend King’ while expanding its presence on the West Coast with the acquisition of Del Monte Shopping Center. The Q1 2025 earnings date is declared, with a few key details for investors. The Trust has announced key leadership promotions as well. However, on the downside, FRT stock recently suffered a drop of 6%. Also, the price target for FRT was cut first by Deutsche Bank to $105 and then by Citi to $106. Despite price cuts by analysts, the stock remains a favorite among agreeable dividend stocks due to its strong growth setup and reliable performance.
Federal Realty Investment Trust FRT News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 19 Apr 2025 18:04:00 GMT - Rating 7 - Innovation 7 - Information 9 - Rumor -3
