Federal Realty (FRT) Stock Could Be 20% Undervalued Following Raised Guidance

Federal Realty Investment Trust has delivered a 40.7% return over the past three years, yet current checks suggest the stock may still trade below an estimate of intrinsic value based on a Discounted Cash Flow (DCF) approach and supporting market multiples. A 40.7% total return over three years indicates the market has already rewarded Federal Realty Investment Trust shareholders, so any remaining upside may rely on how revenues and cash flows develop from here. Recent leasing strength and...