Federal Realty Investment Trust (NYSE:FRT) – Equities research analysts at SunTrust Banks boosted their FY2018 EPS estimates for Federal Realty Investment Trust in a report released on Monday, December 3rd. SunTrust Banks analyst K. Kim now anticipates that the real estate investment trust will earn $6.21 per share for the year, up from their previous forecast of $6.19. SunTrust Banks also issued estimates for Federal Realty Investment Trust’s Q4 2018 earnings at $1.55 EPS, FY2019 earnings at $6.45 EPS, FY2020 earnings at $6.88 EPS and FY2022 earnings at $7.77 EPS.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Wednesday, October 31st. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.55 by ($0.73). The firm 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%. The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.50 EPS.

FRT has been the topic of several other research reports. Zacks Investment Research downgraded shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating in a research note on Thursday, November 22nd. ValuEngine upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note 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 note 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 note on Tuesday, November 20th. Finally, Bank of America upped 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 note on Monday, August 13th. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Federal Realty Investment Trust has a consensus rating of “Buy” and an average target price of $137.38.

Shares of NYSE FRT opened at $131.27 on Wednesday. The company has a market capitalization of $9.76 billion, a PE ratio of 22.21, a PEG ratio of 3.70 and a beta of 0.20. Federal Realty Investment Trust has a 52-week low of $106.41 and a 52-week high of $134.34. 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 business 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 is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $1.00. The ex-dividend date is Monday, December 31st. This represents a $4.08 dividend on an annualized basis and a yield of 3.11%. Federal Realty Investment Trust’s dividend payout ratio is 69.04%.

A number of institutional investors have recently modified their holdings of the stock. CIBC Asset Management Inc lifted 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 purchasing an additional 427 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in Federal Realty Investment Trust by 13.8% during the third quarter. Steward Partners Investment Advisory LLC now owns 3,843 shares of the real estate investment trust’s stock valued at $486,000 after buying an additional 465 shares during the last quarter. Candriam Luxembourg S.C.A. increased its holdings in Federal Realty Investment Trust by 6.4% during the third quarter. Candriam Luxembourg S.C.A. now owns 8,047 shares of the real estate investment trust’s stock valued at $1,018,000 after buying an additional 482 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Federal Realty Investment Trust by 11.5% during the third quarter. Pacer Advisors Inc. now owns 4,694 shares of the real estate investment trust’s stock valued at $594,000 after buying an additional 484 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in Federal Realty Investment Trust by 181.3% during the third quarter. IFP Advisors Inc now owns 889 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 573 shares during the last quarter. Institutional investors own 91.85% of the company’s stock.

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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