FRT Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for FRT stock have an average target of 111.79, with a low estimate of 98 and a high estimate of 124. The average target predicts an increase of 10.55% from the current stock price of 101.12.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$98	$111.79	$112	$124
Change	-3.09%	+10.55%	+10.76%	+22.63%

* Price targets were last updated on May 28, 2024.

Analyst Ratings

The average analyst rating for FRT stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	3	2	2	3	3	3
Buy	4	6	6	6	7	7
Hold	7	5	6	6	5	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	13	14	15	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dori Kesten Wells Fargo	Wells Fargo	Buy Maintains $112 → $115	Buy	Maintains	$112 → $115	+13.73%	May 28, 2024
Vikram Malhorta Mizuho	Mizuho	Hold Maintains $101 → $104	Hold	Maintains	$101 → $104	+2.85%	May 23, 2024
Ki Bin Kim Truist Securities	Truist Securities	Strong Buy Maintains $117 → $115	Strong Buy	Maintains	$117 → $115	+13.73%	May 20, 2024
Nicholas Yulico Scotiabank	Scotiabank	Buy Maintains $109 → $112	Buy	Maintains	$109 → $112	+10.76%	May 16, 2024
Steve Sakwa Evercore ISI Group	Evercore ISI Group	Buy Maintains $115 → $114	Buy	Maintains	$115 → $114	+12.74%	May 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.20B

from 1.13B

6.08%

from 1.13B

Revenue Next Year

1.20B

from 1.20B

-0.50%

from 1.20B

EPS This Year

2.92

from 2.80

4.14%

from 2.80

EPS Next Year

2.88

from 2.92

-1.35%

from 2.92

Year	2019	2020	2021	2022	2023	2024	2024	2025	2025	2026	2026	2027	2027	2028	2028
Revenue	935.79M	835.49M	951.22M	1.07B	1.13B	1.20B	1.20B	1.27B	1.26B	1.34B	1.34B	1.39B	1.42B	1.45B	-
Revenue Growth	2.22%	-10.72%	13.85%	12.95%	5.38%	6.08%	-0.50%	6.36%	-1.18%	6.37%	0.45%	3.35%	2.16%	2.12%	-
EPS	4.61	1.62	3.26	4.71	2.80	2.92	2.88	3.20	3.19	3.54	3.44	3.72	3.66	3.80	3.93
EPS Growth	44.97%	-64.86%	101.23%	44.48%	-40.55%	4.14%	-1.35%	11.38%	-0.48%	10.86%	-2.57%	8.06%	-1.63%	3.72%	3.46%
Forward PE	-	-	-	-	-	34.68	35.15	31.56	31.71	28.61	29.36	27.17	27.62	26.63	25.74
No. Analysts	-	-	-	-	-	10	5	4	10	6	3	3	3	2	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.3B	1.4B	1.4B	1.5B	1.5B
Avg	1.2B	1.3B	1.3B	1.4B	1.4B
Low	1.1B	1.2B	1.2B	1.4B	1.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	12.3%	15.7%	14.6%	9.8%	6.1%
Avg	5.6%	5.1%	6.8%	5.6%	2.1%
Low	-2.1%	-1.3%	-1.6%	2.5%	-0.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.14	3.52	3.61	3.94	4.21
Avg	2.88	3.19	3.44	3.66	3.93
Low	2.68	2.53	3.31	3.43	3.69

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	12.1%	22.3%	13.3%	14.3%	15.0%
Avg	2.7%	10.9%	8.0%	6.3%	7.3%
Low	-4.5%	-12.1%	3.9%	-0.4%	0.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.