Equities analysts forecast that Federal Realty Investment Trust (NYSE:FRT) will announce sales of $218.14 million for the current quarter, Zacks Investment Research reports. Eight analysts have issued estimates for Federal Realty Investment Trust’s earnings, with estimates ranging from $203.98 million to $232.22 million. Federal Realty Investment Trust posted sales of $204.11 million during the same quarter last year, which would suggest a positive year over year growth rate of 6.9%. The firm is scheduled to announce its next quarterly earnings report on Monday, February 12th.

On average, analysts expect that Federal Realty Investment Trust will report full-year sales of $218.14 million for the current fiscal year, with estimates ranging from $811.67 million to $868.10 million. For the next financial year, analysts anticipate that the business will report sales of $901.69 million per share, with estimates ranging from $845.64 million to $951.84 million. Zacks’ sales averages are a mean average based on a survey of research analysts that that provide coverage for Federal Realty Investment Trust.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.03. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. The business had revenue of $217.95 million during the quarter, compared to analysts’ expectations of $213.63 million. During the same quarter last year, the business posted $1.41 EPS. The business’s revenue was up 8.3% on a year-over-year basis.

FRT has been the subject of several research analyst reports. BMO Capital Markets started coverage on Federal Realty Investment Trust in a report on Monday, September 11th. They issued an “outperform” rating and a $145.00 price objective for the company. Jefferies Group lowered their target price on Federal Realty Investment Trust from $136.00 to $130.00 and set a “hold” rating for the company in a research note on Friday, September 15th. Boenning Scattergood restated a “buy” rating and issued a $140.00 target price on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. Mizuho restated a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. Finally, UBS upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and raised their target price for the company from $131.00 to $141.00 in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $140.82.

In related news, CEO Donald C. Wood sold 9,900 shares of Federal Realty Investment Trust stock in a transaction on Monday, November 13th. The stock was sold at an average price of $132.44, for a total transaction of $1,311,156.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.10% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in shares of Federal Realty Investment Trust by 173.7% in the second quarter. JPMorgan Chase & Co. now owns 2,346,294 shares of the real estate investment trust’s stock valued at $296,548,000 after acquiring an additional 1,489,133 shares in the last quarter. Uniplan Investment Counsel Inc. lifted its position in shares of Federal Realty Investment Trust by 199.9% in the second quarter. Uniplan Investment Counsel Inc. now owns 1,168,479 shares of the real estate investment trust’s stock valued at $49,926,000 after acquiring an additional 778,865 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Federal Realty Investment Trust by 57.0% in the third quarter. Bank of New York Mellon Corp now owns 1,150,079 shares of the real estate investment trust’s stock valued at $142,851,000 after acquiring an additional 417,339 shares in the last quarter. Resolution Capital Ltd lifted its position in shares of Federal Realty Investment Trust by 87.3% in the third quarter. Resolution Capital Ltd now owns 546,450 shares of the real estate investment trust’s stock valued at $67,875,000 after acquiring an additional 254,705 shares in the last quarter. Finally, Brookfield Asset Management Inc. lifted its position in shares of Federal Realty Investment Trust by 18.4% in the second quarter. Brookfield Asset Management Inc. now owns 903,707 shares of the real estate investment trust’s stock valued at $114,220,000 after acquiring an additional 140,607 shares in the last quarter. Institutional investors own 94.67% of the company’s stock.

Shares of Federal Realty Investment Trust (FRT) opened at $130.50 on Wednesday. Federal Realty Investment Trust has a fifty-two week low of $119.37 and a fifty-two week high of $145.80. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.23 and a quick ratio of 1.23. The firm has a market capitalization of $9,415.86, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 3.66 and a beta of 0.34.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be paid a $1.00 dividend. The ex-dividend date of this dividend is Friday, December 29th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.07%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 97.56%.

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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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