Analysts expect that Federal Realty Investment Trust (NYSE:FRT) will post $1.49 earnings per share for the current fiscal quarter, according to Zacks. Eight analysts have provided estimates for Federal Realty Investment Trust’s earnings, with the highest EPS estimate coming in at $1.50 and the lowest estimate coming in at $1.46. Federal Realty Investment Trust reported earnings per share of $0.80 during the same quarter last year, which would suggest a positive year-over-year growth rate of 86.3%. The firm is scheduled to report its next quarterly earnings results on Monday, February 12th.

On average, analysts expect that Federal Realty Investment Trust will report full-year earnings of $5.90 per share for the current fiscal year, with EPS estimates ranging from $5.81 to $5.93. For the next financial year, analysts expect that the company will post earnings of $6.20 per share, with EPS estimates ranging from $6.11 to $6.25. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Federal Realty Investment Trust.

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

A number of research analysts recently issued reports on the stock. Citigroup Inc. boosted their target price on shares of Federal Realty Investment Trust from $147.00 to $148.00 and gave the company a “buy” rating in a research report on Monday, August 14th. Evercore ISI downgraded shares of Federal Realty Investment Trust from an “in-line” rating to an “underperform” rating and set a $128.00 target price for the company. in a research report on Monday, August 14th. Boenning Scattergood set a $140.00 target price on shares of Federal Realty Investment Trust and gave the company a “buy” rating in a research report on Friday, August 4th. UBS Group AG upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and boosted their target price for the company from $131.00 to $141.00 in a research report on Thursday, November 9th. Finally, BMO Capital Markets assumed coverage on shares of Federal Realty Investment Trust in a research report on Sunday, September 17th. They set an “outperform” rating and a $145.00 target price for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $140.50.

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In other Federal Realty Investment Trust news, EVP Dawn M. Becker sold 21,814 shares of the company’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $130.91, for a total value of $2,855,670.74. Following the completion of the transaction, the executive vice president now owns 145,809 shares in the company, valued at $19,087,856.19. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Donald C. Wood sold 21,342 shares of the company’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $130.86, for a total transaction of $2,792,814.12. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,342 shares of company stock valued at $13,452,421. Insiders own 1.10% of the company’s stock.

Several institutional investors have recently modified their holdings of FRT. Advisor Group Inc. increased its stake in shares of Federal Realty Investment Trust by 27.4% during the second quarter. Advisor Group Inc. now owns 1,380 shares of the real estate investment trust’s stock worth $173,000 after purchasing an additional 297 shares in the last quarter. Global X Management Co. LLC increased its stake in shares of Federal Realty Investment Trust by 16.0% during the second quarter. Global X Management Co. LLC now owns 1,444 shares of the real estate investment trust’s stock worth $183,000 after purchasing an additional 199 shares in the last quarter. Advisor Partners LLC purchased a new stake in shares of Federal Realty Investment Trust during the third quarter worth about $203,000. Magnetar Financial LLC purchased a new stake in shares of Federal Realty Investment Trust during the third quarter worth about $207,000. Finally, Timber Hill LLC purchased a new stake in shares of Federal Realty Investment Trust during the third quarter worth about $215,000. Institutional investors and hedge funds own 95.28% of the company’s stock.

Federal Realty Investment Trust (FRT) traded up $0.15 during midday trading on Thursday, reaching $131.75. 278,100 shares of the company were exchanged, compared to its average volume of 468,650. The firm has a market capitalization of $9,547.17, a P/E ratio of 22.34, a PEG ratio of 3.71 and a beta of 0.31. Federal Realty Investment Trust has a 52 week low of $119.37 and a 52 week high of $145.80. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.27.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd will be given 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 3.04%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 97.56%.

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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