Wall Street analysts predict that Federal Realty Investment Trust (NYSE:FRT) will post earnings per share of $1.56 for the current quarter, Zacks reports. Seven analysts have made estimates for Federal Realty Investment Trust’s earnings. The highest EPS estimate is $1.58 and the lowest is $1.54. Federal Realty Investment Trust reported earnings per share of $1.47 in the same quarter last year, which indicates a positive year-over-year growth rate of 6.1%. The company is expected to issue its next earnings report on Tuesday, February 12th.

According to Zacks, analysts expect that Federal Realty Investment Trust will report full year earnings of $6.21 per share for the current financial year, with EPS estimates ranging from $6.19 to $6.23. For the next financial year, analysts forecast that the firm will post earnings of $6.45 per share, with EPS estimates ranging from $6.35 to $6.50. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for Federal Realty Investment Trust.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Wednesday, October 31st. The real estate investment trust reported $0.82 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.55 by ($0.73). The company had revenue of $229.75 million during the quarter, compared to the consensus estimate of $228.71 million. Federal Realty Investment Trust had a return on equity of 10.65% and a net margin of 26.33%. Federal Realty Investment Trust’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.50 EPS.

Several equities research analysts have recently weighed in on FRT shares. Zacks Investment Research downgraded shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating in a research report on Thursday, November 22nd. ValuEngine raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 18th. BMO Capital Markets set a $135.00 target price on shares of Federal Realty Investment Trust and gave the stock a “buy” rating in a research report on Wednesday, October 31st. Citigroup set a $146.00 target price on shares of Federal Realty Investment Trust and gave the stock a “buy” rating in a research report on Tuesday, November 20th. Finally, Bank of America boosted their target price on shares of Federal Realty Investment Trust from $141.00 to $144.00 and gave the stock a “buy” rating in a research report on Monday, August 13th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Federal Realty Investment Trust has an average rating of “Buy” and a consensus price target of $137.38.

Shares of FRT traded down $1.94 during midday trading on Friday, hitting $133.61. The company had a trading volume of 14,133 shares, compared to its average volume of 348,889. The company has a market capitalization of $9.70 billion, a P/E ratio of 22.59, a PEG ratio of 3.63 and a beta of 0.20. Federal Realty Investment Trust has a 52 week low of $106.41 and a 52 week high of $135.68. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.21 and a current ratio of 1.21.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Wednesday, January 2nd will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date is Monday, December 31st. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $1.00. Federal Realty Investment Trust’s dividend payout ratio is currently 69.04%.

In related news, insider Donald C. Wood sold 12,210 shares of the business’s stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $132.43, for a total transaction of $1,616,970.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the business. Nordea Investment Management AB acquired a new position in Federal Realty Investment Trust during the 3rd quarter valued at about $371,000. TIAA CREF Investment Management LLC boosted its stake in Federal Realty Investment Trust by 26.6% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 325,730 shares of the real estate investment trust’s stock valued at $41,195,000 after purchasing an additional 68,497 shares during the period. AQR Capital Management LLC boosted its stake in Federal Realty Investment Trust by 8.2% during the 3rd quarter. AQR Capital Management LLC now owns 16,635 shares of the real estate investment trust’s stock valued at $2,104,000 after purchasing an additional 1,256 shares during the period. Macquarie Group Ltd. boosted its stake in Federal Realty Investment Trust by 32.2% during the 3rd quarter. Macquarie Group Ltd. now owns 35,325 shares of the real estate investment trust’s stock valued at $4,468,000 after purchasing an additional 8,600 shares during the period. Finally, Advisors Asset Management Inc. boosted its stake in Federal Realty Investment Trust by 74.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 3,386 shares of the real estate investment trust’s stock valued at $428,000 after purchasing an additional 1,450 shares during the period. 91.85% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Company Profile

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply.

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

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