Federal Realty (FRT) Stock Looks Below Fair Value With Cash Flow And Earnings Support

Federal Realty Investment Trust (FRT) has seen a strong 42.9% return in the past year, and despite this, appears undervalued based on Discounted Cash Flow (DCF) and earnings multiples. The DCF model suggests a 15.4% discount, with an estimated intrinsic value of $146.74 per share, supported by increased leasing activity and raised 2026 guidance. The stock's P/E ratio of 21.6x is also below the industry average, indicating potential undervaluation relative to its sector and fair P/E estimate.