Analysts expect Federal Realty Investment Trust (NYSE:FRT) to report $1.48 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have provided estimates for Federal Realty Investment Trust’s earnings, with estimates ranging from $1.47 to $1.49. Federal Realty Investment Trust reported earnings per share of $0.75 during the same quarter last year, which suggests a positive year over year growth rate of 97.3%. The firm is expected to issue its next quarterly earnings report on Wednesday, November 1st.

According to Zacks, analysts expect that Federal Realty Investment Trust will report full-year earnings of $5.90 per share for the current financial year, with EPS estimates ranging from $5.86 to $5.93. For the next fiscal year, analysts expect that the business will report earnings of $6.22 per share, with EPS estimates ranging from $6.12 to $6.30. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Federal Realty Investment Trust.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Federal Realty Investment Trust had a net margin of 30.40% and a return on equity of 10.91%. The company had revenue of $208 million during the quarter, compared to the consensus estimate of $208.33 million. During the same period in the previous year, the firm posted $1.42 EPS. The firm’s revenue was up 5.1% compared to the same quarter last year.

Several equities analysts recently weighed in on FRT shares. Citigroup Inc. reaffirmed a “buy” rating and set a $156.00 target price (down from $160.00) on shares of Federal Realty Investment Trust in a research note on Sunday, June 11th. BidaskClub raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Bank of America Corporation raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and raised their target price for the company from $140.00 to $146.00 in a research note on Friday, July 21st. Boenning Scattergood set a $140.00 target price on shares of Federal Realty Investment Trust and gave the company a “buy” rating in a research note on Friday, August 4th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $136.00 target price on shares of Federal Realty Investment Trust in a research note on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. Federal Realty Investment Trust presently has a consensus rating of “Buy” and a consensus target price of $140.43.

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In other Federal Realty Investment Trust news, insider Donald C. Wood sold 2,772 shares of the stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $133.06, for a total transaction of $368,842.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dawn M. Becker sold 2,281 shares of the stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $133.05, for a total transaction of $303,487.05. Following the transaction, the executive vice president now owns 123,744 shares of the company’s stock, valued at approximately $16,464,139.20. The disclosure for this sale can be found here. 1.10% of the stock is owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Glen Harbor Capital Management LLC lifted its holdings in shares of Federal Realty Investment Trust by 22.9% in the 1st quarter. Glen Harbor Capital Management LLC now owns 2,144 shares of the real estate investment trust’s stock worth $286,000 after acquiring an additional 400 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Federal Realty Investment Trust in the 1st quarter worth about $551,000. IFP Advisors Inc lifted its holdings in shares of Federal Realty Investment Trust by 0.3% in the 1st quarter. IFP Advisors Inc now owns 1,534 shares of the real estate investment trust’s stock worth $205,000 after acquiring an additional 4 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of Federal Realty Investment Trust by 1.8% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 7,531 shares of the real estate investment trust’s stock worth $1,005,000 after acquiring an additional 135 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of Federal Realty Investment Trust by 26.6% in the 1st quarter. Wells Fargo & Company MN now owns 321,450 shares of the real estate investment trust’s stock worth $42,912,000 after acquiring an additional 67,616 shares during the last quarter. Institutional investors and hedge funds own 93.94% of the company’s stock.

Shares of Federal Realty Investment Trust (NYSE FRT) opened at 130.45 on Friday. The company has a market capitalization of $9.43 billion, a P/E ratio of 37.78 and a beta of 0.30. Federal Realty Investment Trust has a 1-year low of $120.50 and a 1-year high of $160.15. The firm has a 50-day moving average of $130.13 and a 200 day moving average of $130.33.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 22nd will be given a dividend of $1.00 per share. The ex-dividend date is Thursday, September 21st. This represents a $4.00 annualized dividend and a yield of 3.07%. This is a positive change from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 113.62%.

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.

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

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