Federal Realty Investment Trust (NYSE:FRT) – Stock analysts at Capital One Financial Corporation lowered their Q2 2017 EPS estimates for shares of Federal Realty Investment Trust in a report issued on Tuesday. Capital One Financial Corporation analyst C. Lucas now forecasts that the real estate investment trust will post earnings per share of $1.46 for the quarter, down from their prior estimate of $1.48. Capital One Financial Corporation also issued estimates for Federal Realty Investment Trust’s Q3 2017 earnings at $1.47 EPS.

Several other brokerages have also recently issued reports on FRT. Seaport Global Securities restated a “buy” rating on shares of Federal Realty Investment Trust in a research note on Thursday, April 27th. Jefferies Group LLC restated a “hold” rating and issued a $136.00 price objective on shares of Federal Realty Investment Trust in a research note on Tuesday. BidaskClub upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a research note on Monday. Bank of America Corporation upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $140.00 to $146.00 in a research note on Friday, July 21st. Finally, Citigroup Inc. restated a “buy” rating and issued a $156.00 price objective (down from $160.00) on shares of Federal Realty Investment Trust in a research note on Sunday, June 11th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $154.33.

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Shares of Federal Realty Investment Trust (NYSE FRT) opened at 135.03 on Friday. The company has a 50-day moving average price of $127.38 and a 200-day moving average price of $132.60. The stock has a market cap of $9.75 billion, a price-to-earnings ratio of 42.41 and a beta of 0.28. Federal Realty Investment Trust has a 52 week low of $120.50 and a 52 week high of $171.08.

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

A number of hedge funds have recently bought and sold shares of the company. Franklin Parlapiano Turner & Welch LLC bought a new stake in Federal Realty Investment Trust during the first quarter valued at approximately $126,000. Alexandria Capital LLC raised its stake in 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 raised its stake in 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 raised its stake in 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. raised its stake in 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. 92.58% of the stock is currently owned by hedge funds and other institutional investors.

The business also recently announced a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Thursday, June 22nd were issued a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 2.90%. The ex-dividend date was Tuesday, June 20th. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 123.27%.

About Federal Realty Investment Trust

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.

Earnings History and Estimates for Federal Realty Investment Trust (NYSE:FRT)

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