Wall Street brokerages forecast that Federal Realty Investment Trust (NYSE:FRT) will post $1.46 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have made estimates for Federal Realty Investment Trust’s earnings. The lowest EPS estimate is $1.43 and the highest is $1.49. Federal Realty Investment Trust reported earnings per share of $1.42 in the same quarter last year, which indicates a positive year-over-year growth rate of 2.8%. The business is scheduled to announce its next quarterly earnings report on Thursday, August 3rd.

On average, analysts expect that Federal Realty Investment Trust will report full year earnings of $5.90 per share for the current year, with EPS estimates ranging from $5.88 to $5.91. For the next financial year, analysts anticipate that the business will post earnings of $6.25 per share, with EPS estimates ranging from $6.17 to $6.35. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Federal Realty Investment Trust.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Wednesday, May 3rd. The real estate investment trust reported $1.45 EPS for the quarter, topping the consensus estimate of $1.43 by $0.02. The company had revenue of $207.39 million for the quarter, compared to analyst estimates of $205.96 million. Federal Realty Investment Trust had a return on equity of 10.89% and a net margin of 28.27%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.38 earnings per share.

A number of research analysts have commented on FRT shares. Deutsche Bank AG increased their target price on Federal Realty Investment Trust from $139.00 to $140.00 and gave the stock a “hold” rating in a report on Tuesday, March 21st. Seaport Global Securities reaffirmed a “buy” rating on shares of Federal Realty Investment Trust in a report on Thursday, April 27th. Boenning Scattergood raised Federal Realty Investment Trust from a “neutral” rating to an “outperform” rating in a report on Wednesday, March 22nd. Sandler O’Neill raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $145.00 target price on the stock in a report on Monday, March 13th. Finally, Zacks Investment Research raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Monday, February 20th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. Federal Realty Investment Trust currently has an average rating of “Hold” and an average target price of $159.63.

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Federal Realty Investment Trust (NYSE FRT) opened at 126.99 on Thursday. The firm’s 50-day moving average price is $127.31 and its 200 day moving average price is $135.39. Federal Realty Investment Trust has a 52-week low of $120.50 and a 52-week high of $171.08. The firm has a market cap of $9.17 billion, a price-to-earnings ratio of 39.88 and a beta of 0.32.

The business also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Investors of record on Thursday, June 22nd will be issued a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend is Tuesday, June 20th. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 123.27%.

Several hedge funds have recently made changes to their positions in the company. Franklin Parlapiano Turner & Welch LLC bought a new stake in shares of Federal Realty Investment Trust during the first quarter valued at about $126,000. Alexandria Capital LLC increased its stake in shares of Federal Realty Investment Trust by 1.4% in the first quarter. Alexandria Capital LLC now owns 1,187 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 16 shares during the period. Global X Management Co. LLC increased its stake in shares of Federal Realty Investment Trust by 30.6% in the first quarter. Global X Management Co. LLC now owns 1,245 shares of the real estate investment trust’s stock valued at $166,000 after buying an additional 292 shares during the period. IFP Advisors Inc increased its stake in shares of Federal Realty Investment Trust by 0.3% in the first quarter. IFP Advisors Inc now owns 1,534 shares of the real estate investment trust’s stock valued at $205,000 after buying an additional 4 shares during the period. Finally, Pacer Advisors Inc. increased its stake in shares of Federal Realty Investment Trust by 3.6% in the first quarter. Pacer Advisors Inc. now owns 1,595 shares of the real estate investment trust’s stock valued at $213,000 after buying an additional 55 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

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