Equities research analysts expect that Federal Realty Investment Trust (NYSE:FRT) will post earnings per share of $1.47 for the current fiscal quarter, Zacks reports. Eight analysts have issued estimates for Federal Realty Investment Trust’s earnings, with the lowest EPS estimate coming in at $1.46 and the highest estimate coming in at $1.48. Federal Realty Investment Trust reported earnings of $1.45 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 1.4%. The firm is scheduled to announce its next quarterly earnings results after the market closes on Tuesday, February 13th.

On average, analysts expect that Federal Realty Investment Trust will report full year earnings of $5.91 per share for the current financial year, with EPS estimates ranging from $5.90 to $5.92. For the next year, analysts anticipate that the firm will report earnings of $6.18 per share, with EPS estimates ranging from $6.10 to $6.25. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Federal Realty Investment Trust.

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

FRT has been the topic of a number of analyst reports. Boenning Scattergood reaffirmed a “buy” rating and issued a $140.00 price target on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. UBS Group raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $131.00 to $141.00 in a research note on Thursday, November 9th. Mizuho reaffirmed a “buy” rating and issued a $142.00 price target on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. BMO Capital Markets initiated coverage on Federal Realty Investment Trust in a research note on Sunday, September 17th. They issued an “outperform” rating and a $145.00 price target on the stock. Finally, Stifel Nicolaus initiated coverage on Federal Realty Investment Trust in a research note on Thursday, November 30th. They issued a “buy” rating and a $144.00 price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $140.55.

Federal Realty Investment Trust (FRT) opened at $122.81 on Friday. 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 company has a market capitalization of $8,909.50, a P/E ratio of 29.95, a price-to-earnings-growth ratio of 3.31 and a beta of 0.34. Federal Realty Investment Trust has a 12 month low of $119.37 and a 12 month high of $143.79.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $4.00 annualized dividend and a dividend yield of 3.26%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 97.56%.

In other news, CEO Donald C. Wood sold 9,900 shares of the business’s stock in a transaction that occurred 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 legal filing with the SEC, which is available through the SEC website. 1.10% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of FRT. JPMorgan Chase & Co. increased its stake in shares of Federal Realty Investment Trust by 43.9% during the third quarter. JPMorgan Chase & Co. now owns 3,376,898 shares of the real estate investment trust’s stock valued at $420,257,000 after buying an additional 1,030,604 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Federal Realty Investment Trust by 57.0% during 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 buying an additional 417,339 shares during the period. Resolution Capital Ltd increased its stake in shares of Federal Realty Investment Trust by 87.3% during 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 buying an additional 254,705 shares during the period. Brookfield Asset Management Inc. increased its stake in shares of Federal Realty Investment Trust by 18.4% during 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 buying an additional 140,607 shares during the period. Finally, Shell Asset Management Co. increased its stake in shares of Federal Realty Investment Trust by 1,143.0% during the third quarter. Shell Asset Management Co. now owns 143,870 shares of the real estate investment trust’s stock valued at $17,043,000 after buying an additional 132,296 shares during the period. 94.42% of the stock is currently owned by hedge funds and other institutional investors.

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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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