Equities analysts forecast that Federal Realty Investment Trust (NYSE:FRT) will post $1.55 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Federal Realty Investment Trust’s earnings. The lowest EPS estimate is $1.54 and the highest is $1.56. Federal Realty Investment Trust reported earnings per share of $1.50 during the same quarter last year, which would indicate a positive year over year growth rate of 3.3%. The company is scheduled to announce its next earnings report after the market closes on Wednesday, October 31st.

According to Zacks, analysts expect that Federal Realty Investment Trust will report full-year earnings of $6.19 per share for the current fiscal year, with EPS estimates ranging from $6.17 to $6.21. For the next fiscal year, analysts forecast that the company will post earnings of $6.46 per share, with EPS estimates ranging from $6.42 to $6.55. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Federal Realty Investment Trust.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Wednesday, August 1st. The real estate investment trust reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.02. Federal Realty Investment Trust had a net margin of 31.64% and a return on equity of 12.76%. The company had revenue of $224.90 million for the quarter, compared to analysts’ expectations of $223.56 million. During the same quarter in the previous year, the firm posted $1.49 earnings per share. Federal Realty Investment Trust’s revenue for the quarter was up 8.1% on a year-over-year basis.

FRT has been the topic of several analyst reports. Stifel Nicolaus boosted their price objective on shares of Federal Realty Investment Trust from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd. SunTrust Banks raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $145.00 price objective on the stock in a research note on Monday, June 25th. Bank of America boosted their price objective on shares of Federal Realty Investment Trust from $141.00 to $144.00 and gave the stock a “buy” rating in a research note on Monday, August 13th. ValuEngine raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 18th. Finally, DA Davidson raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating in a research note on Monday, June 25th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $137.54.

Shares of Federal Realty Investment Trust stock traded up $1.09 during trading on Monday, hitting $122.90. The company’s stock had a trading volume of 257,258 shares, compared to its average volume of 435,596. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.49. Federal Realty Investment Trust has a 52 week low of $106.41 and a 52 week high of $134.52. The stock has a market cap of $8.95 billion, a price-to-earnings ratio of 20.80, a P/E/G ratio of 3.28 and a beta of 0.17.

The company also recently declared a quarterly dividend, which was paid on Monday, October 15th. Shareholders of record on Friday, September 21st were given a dividend of $1.02 per share. The ex-dividend date of this dividend was Thursday, September 20th. This represents a $4.08 dividend on an annualized basis and a yield of 3.32%. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.00. Federal Realty Investment Trust’s dividend payout ratio is 69.04%.

A number of institutional investors and hedge funds have recently modified their holdings of the business. CIBC Asset Management Inc boosted its position in Federal Realty Investment Trust by 0.8% during the second quarter. CIBC Asset Management Inc now owns 50,801 shares of the real estate investment trust’s stock valued at $6,429,000 after acquiring an additional 427 shares during the last quarter. Amalgamated Bank boosted its position in Federal Realty Investment Trust by 4.9% during the first quarter. Amalgamated Bank now owns 9,680 shares of the real estate investment trust’s stock valued at $1,124,000 after acquiring an additional 451 shares during the last quarter. Xact Kapitalforvaltning AB boosted its position in Federal Realty Investment Trust by 7.8% during the first quarter. Xact Kapitalforvaltning AB now owns 7,104 shares of the real estate investment trust’s stock valued at $825,000 after acquiring an additional 513 shares during the last quarter. Nissay Asset Management Corp Japan ADV boosted its position in Federal Realty Investment Trust by 6.6% during the second quarter. Nissay Asset Management Corp Japan ADV now owns 10,909 shares of the real estate investment trust’s stock valued at $1,381,000 after acquiring an additional 675 shares during the last quarter. Finally, WINTON GROUP Ltd boosted its position in Federal Realty Investment Trust by 29.7% during the first quarter. WINTON GROUP Ltd now owns 3,541 shares of the real estate investment trust’s stock valued at $411,000 after acquiring an additional 811 shares during the last quarter. 91.92% of the stock is currently owned by institutional investors and hedge funds.

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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