Mizuho cuts target for Federal Realty stock to USD 117.00

Published on 10/01/2026 at 16:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho kept Outperform while cutting its target to USD 117 on September 24, 2026. Federal Realty stock costs EUR 93.75 on October 1, 2026.

Luftaufnahme eines belebten Federal Realty Einkaufszentrums an der US-Küste — Federal Realty Einkaufszentrum US3137451015 aus der Vogelperspektive zeigt belebte Außenbereiche mit Passanten und Grünflächen, Illustration mit AI erstellt.

Federal Realty (US3137451015) was trading at EUR 93.75 at Lang & Schwarz on October 1, 2026 at 4:29 p.m. CEST. Mizuho cut its price target from USD 130.00 to USD 117.00 and kept an Outperform rating on September 24, 2026, according to Markets Insider.

Mizuho lowers valuation target

The USD 117.00 target is 10.61 percent above Federal Realty's USD 105.78 primary-market quote at 10:31 a.m. ET on October 1, 2026. The same Mizuho note cited strong leasing and active capital deployment, while also updating estimates for a higher-rate backdrop, making the target reduction a valuation reset rather than a rating reversal.

Federal Realty is listed on the NYSE under ticker FRT, according to ARIVA. The finance quote showed a USD 89.99 to USD 128.21 52-week range and a USD 9.1 billion market capitalization on October 1, 2026.

Revenue grows, earnings miss

Federal Realty reported USD 335.71 million of revenue in the second quarter of 2026, up 7.80 percent from the same period a year earlier, according to MarketBeat. Revenue also exceeded the USD 331.92 million consensus estimate by USD 3.79 million.

GAAP earnings per share came in at USD 0.97 in the second quarter, below the USD 1.85 consensus estimate and down from USD 1.91 in the year-earlier quarter. Federal Realty's fiscal 2026 earnings-per-share guidance stands at USD 7.48 to USD 7.56, a range that gives the October earnings release a clear test against the valuation reset.

October results set the next test

Federal Realty will report third-quarter 2026 results before the market opens on October 30, 2026, with a conference call scheduled for 9:00 a.m. ET, according to ScanX. The company has 103 properties and 3,700 tenants, while its quarterly dividend is USD 1.16 per share with an October 1, 2026 ex-dividend date.

Stock trades below yearly high

Federal Realty was trading at EUR 93.75 at Lang & Schwarz on October 1, 2026 at 4:29 p.m. CEST. The primary-market quote was USD 105.78 on October 1, 2026 at 10:31 a.m. ET, within the USD 89.99 to USD 128.21 52-week range. The further course of trading is shown by the continuously updated real-time quote of Federal Realty stock.