Federal Realty Investment Trust (FRT) Releases FY18 Earnings Guidance

Federal Realty Investment Trust (NYSE:FRT) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $6.08-$6.24 for the period, compared to the Thomson Reuters consensus estimate of $6.18.

Shares of Federal Realty Investment Trust (FRT) traded up $0.02 on Tuesday, reaching $110.26. The company had a trading volume of 602,561 shares, compared to its average volume of 559,709. The stock has a market cap of $7,973.63, a PE ratio of 26.70, a P/E/G ratio of 2.97 and a beta of 0.23. Federal Realty Investment Trust has a 1 year low of $106.64 and a 1 year high of $143.79. 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 business also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Wednesday, March 14th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 3.63%. Federal Realty Investment Trust’s dividend payout ratio is currently 97.56%.

FRT has been the topic of a number of analyst reports. Boenning Scattergood reissued 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. Mizuho reissued 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. 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. 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. Finally, BMO Capital Markets reissued a buy rating and issued a $142.00 price target on shares of Federal Realty Investment Trust in a research note on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $140.83.

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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.

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

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