Analysts expect that Federal Realty Investment Trust (NYSE:FRT) will report sales of $205.16 million for the current fiscal quarter, Zacks reports. Seven analysts have made estimates for Federal Realty Investment Trust’s earnings. The highest sales estimate is $211.54 million and the lowest is $192.46 million. Federal Realty Investment Trust reported sales of $197.98 million during the same quarter last year, which indicates a positive year-over-year growth rate of 3.6%. The firm is scheduled to announce its next earnings report on Thursday, August 3rd.

On average, analysts expect that Federal Realty Investment Trust will report full year sales of $205.16 million for the current fiscal year, with estimates ranging from $783.87 million to $855.56 million. For the next fiscal year, analysts anticipate that the business will post sales of $883.47 million per share, with estimates ranging from $806.58 million to $935.58 million. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover Federal Realty Investment Trust.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Wednesday, May 3rd. The real estate investment trust reported $1.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.43 by $0.02. Federal Realty Investment Trust had a return on equity of 10.89% and a net margin of 28.27%. The company had revenue of $207.39 million during the quarter, compared to analyst estimates of $205.96 million. During the same period in the previous year, the business earned $1.38 EPS. Federal Realty Investment Trust’s quarterly revenue was up 4.6% on a year-over-year basis.

A number of brokerages have recently weighed in on FRT. BidaskClub raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday. Sandler O’Neill raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $145.00 price objective for the company in a research note on Monday, March 13th. Seaport Global Securities reissued a “buy” rating on shares of Federal Realty Investment Trust in a research note on Thursday, April 27th. Boenning Scattergood raised shares of Federal Realty Investment Trust from a “neutral” rating to an “outperform” rating in a research note on Wednesday, March 22nd. Finally, Citigroup Inc. reaffirmed a “buy” rating and issued a $156.00 target price (down from $160.00) on shares of Federal Realty Investment Trust in a research note on Sunday, June 11th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. Federal Realty Investment Trust has an average rating of “Hold” and a consensus price target of $159.63.

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Federal Realty Investment Trust (NYSE:FRT) traded down 2.30% during midday trading on Friday, reaching $125.37. The company’s stock had a trading volume of 935,870 shares. Federal Realty Investment Trust has a 52 week low of $120.50 and a 52 week high of $171.08. The company’s 50-day moving average is $126.97 and its 200 day moving average is $135.23. The firm has a market capitalization of $9.06 billion, a P/E ratio of 39.38 and a beta of 0.32.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Thursday, June 22nd will be given a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, June 20th. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 123.27%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Franklin Parlapiano Turner & Welch LLC purchased a new position in Federal Realty Investment Trust during the first quarter valued at approximately $126,000. Alexandria Capital LLC raised its stake in shares of Federal Realty Investment Trust by 1.4% in the first quarter. Alexandria Capital LLC now owns 1,187 shares of the real estate investment trust’s stock worth $158,000 after buying an additional 16 shares in the last quarter. Global X Management Co. LLC raised its stake in shares of Federal Realty Investment Trust by 30.6% in the first quarter. Global X Management Co. LLC now owns 1,245 shares of the real estate investment trust’s stock worth $166,000 after buying an additional 292 shares in the last quarter. IFP Advisors Inc raised its stake in shares of Federal Realty Investment Trust by 0.3% in the first quarter. IFP Advisors Inc now owns 1,534 shares of the real estate investment trust’s stock worth $205,000 after buying an additional 4 shares in the last quarter. Finally, Pacer Advisors Inc. raised its stake in shares of Federal Realty Investment Trust by 3.6% in the first quarter. Pacer Advisors Inc. now owns 1,595 shares of the real estate investment trust’s stock worth $213,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

About Federal Realty Investment Trust

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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