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Federal Realty Investment Trust (NYSE:FRT) is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 102 properties, which includes 26.0 million square feet of retail space and over 3,100 multifamily units.

The company is set to report its Q3 2024 earnings on October 30. Wall Street analysts expect the company to post an EPS of $1.72, up from $1.65 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $301.92 million, up from $286.60 million in the year-ago period.

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If You Bought Federal Realty Investment Trust Stock 20 Years Ago

The company's stock traded around $47.45 per share 20 years ago. If you had invested $1,000, you could have bought approximately 21 shares of Federal Realty Investment Trust stock. Currently, shares are trading at $116.28, which means your investment's value could have risen to $2,451 due to stock price appreciation. But that’s not all – the company also paid dividends during these 20 years.

Federal Realty Investment Trust’s dividend yield is currently 3.78%. Over the last 20 years, it paid around $71.20 in dividends per share, meaning you could have made $1,500 from dividends alone.

Adding up $2,451 and $1,500, we end up with the final value of your investment, which is $3,951. This is how much you could have made if you had invested $1,000 in Federal Realty Investment Trust stock 20 years ago. This means a total return of 295.1%. However, this figure is significantly lower than the S&P 500 total return for the same period, 548.57%.

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What Could The Next 20 Years Bring?

Federal Realty Investment Trust has a consensus rating of Neutral and a price target of $120.04, based on the ratings of 23 analysts. The price target implies a potential upside of around 3% from the current stock price.

Check out this article by Benzinga for the latest analyst ratings for Federal Realty stock.

On Aug. 1, the company reported Q2 2024 earnings, posting an FFO of $1.69, compared to the consensus estimate of $1.68, and revenues of $296.052 million, compared to the consensus estimate of $293.604 million, as reported by Benzinga.

“Another record quarter for Federal Realty, starting with funds from operations per share of $1.69, to continued record leasing volume, to furthering our REIT industry record with the 57th consecutive year of increased common dividends,” said Donald C. Wood, Chief Executive Officer. “The robust leasing demand we continue to see is a clear indicator of the value and attractiveness of our properties, setting a solid foundation for strong future earnings growth.”

In summary, growth-focused investors may not find Federal Realty Investment Trust stock particularly attractive given the modest expected upside potential. Conversely, the stock could be a good option for income-focused investors who benefit from the company's solid dividend yield of 3.78%.

A Better Option Than Federal Realty?

The current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through publicly-traded REITs.

Arrived Homes, the Jeff Bezos-backed investment platform has launched its Private Credit Fund, which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly. It paid 8.1% in July. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

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This article If You Invested $1000 In Federal Realty Stock 20 Years Ago, How Much Would You Have Now? originally appeared on Benzinga.com