Equities research analysts forecast that Federal Realty Investment Trust (NYSE:FRT) will post $210.62 million in sales for the current fiscal quarter, Zacks reports. Eight analysts have issued estimates for Federal Realty Investment Trust’s earnings, with estimates ranging from $202.73 million to $215.44 million. Federal Realty Investment Trust reported sales of $201.16 million during the same quarter last year, which indicates a positive year-over-year growth rate of 4.7%. The firm is expected to report its next quarterly earnings report on Wednesday, November 1st.

According to Zacks, analysts expect that Federal Realty Investment Trust will report full-year sales of $210.62 million for the current financial year, with estimates ranging from $803.26 million to $859.55 million. For the next financial year, analysts expect that the company will report sales of $889.81 million per share, with estimates ranging from $835.89 million to $927.43 million. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Federal Realty Investment Trust.

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

A number of equities research analysts recently weighed in on the company. Citigroup Inc. lifted their target price on Federal Realty Investment Trust from $147.00 to $148.00 and gave the stock a “buy” rating in a research report on Monday, August 14th. Evercore ISI downgraded Federal Realty Investment Trust from an “in-line” rating to an “underperform” rating and set a $128.00 target price on the stock. in a research report on Monday, August 14th. Boenning Scattergood set a $140.00 target price on Federal Realty Investment Trust and gave the stock a “buy” rating in a research report on Friday, August 4th. Jefferies Group LLC reissued a “hold” rating and set a $136.00 target price on shares of Federal Realty Investment Trust in a research report on Tuesday, July 25th. Finally, BidaskClub raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Friday, June 16th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. Federal Realty Investment Trust has a consensus rating of “Buy” and an average target price of $140.43.

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Federal Realty Investment Trust (NYSE FRT) opened at 129.38 on Friday. Federal Realty Investment Trust has a 12-month low of $120.50 and a 12-month high of $160.15. The company has a market cap of $9.35 billion, a P/E ratio of 37.47 and a beta of 0.30. The firm’s 50-day moving average price is $130.11 and its 200-day moving average price is $130.33.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 22nd will be issued a $1.00 dividend. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. This represents a $4.00 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Thursday, September 21st. Federal Realty Investment Trust’s payout ratio is presently 113.62%.

In related news, CEO Donald C. Wood sold 21,342 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $130.86, for a total value of $2,792,814.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dawn M. Becker sold 2,281 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $133.05, for a total transaction of $303,487.05. Following the completion of 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. Insiders sold a total of 57,495 shares of company stock worth $7,538,395 over the last three months. 1.10% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the stock. Franklin Parlapiano Turner & Welch LLC bought a new position in Federal Realty Investment Trust in the 1st quarter worth approximately $126,000. Global X Management Co. LLC raised its position in shares of Federal Realty Investment Trust by 30.6% during the 1st quarter. Global X Management Co. LLC now owns 1,245 shares of the real estate investment trust’s stock valued at $166,000 after acquiring an additional 292 shares during the last quarter. Advisor Group Inc. raised its position in shares of Federal Realty Investment Trust by 27.4% during the 2nd quarter. Advisor Group Inc. now owns 1,380 shares of the real estate investment trust’s stock valued at $173,000 after acquiring an additional 297 shares during the last quarter. Pacer Advisors Inc. raised its position in shares of Federal Realty Investment Trust by 3.6% during the 1st quarter. Pacer Advisors Inc. now owns 1,595 shares of the real estate investment trust’s stock valued at $213,000 after acquiring an additional 55 shares during the last quarter. Finally, Northstar Wealth Partners LLC bought a new stake in shares of Federal Realty Investment Trust during the 1st quarter valued at $221,000. Hedge funds and other institutional investors own 93.94% of the company’s stock.

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

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