Analysts expect Federal Realty Investment Trust (NYSE:FRT) to post earnings per share of $1.55 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Federal Realty Investment Trust’s earnings. The highest EPS estimate is $1.57 and the lowest is $1.53. 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 expected to announce its next earnings report on Wednesday, November 7th.

According to Zacks, analysts expect that Federal Realty Investment Trust will report full-year earnings of $6.18 per share for the current financial year, with EPS estimates ranging from $6.17 to $6.20. For the next fiscal year, analysts anticipate that the company will report earnings of $6.50 per share, with EPS estimates ranging from $6.43 to $6.55. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that cover 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 Zacks’ consensus estimate of $1.53 by $0.02. The business had revenue of $224.90 million during the quarter, compared to analysts’ expectations of $223.56 million. Federal Realty Investment Trust had a net margin of 31.64% and a return on equity of 12.76%. The company’s revenue was up 8.1% on a year-over-year basis. During the same period last year, the company posted $1.49 EPS.

FRT has been the subject of several recent analyst reports. BMO Capital Markets reaffirmed a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a research note on Wednesday, May 2nd. Boenning Scattergood set a $140.00 target price on shares of Federal Realty Investment Trust and gave the stock a “buy” rating in a research note on Friday, May 4th. ValuEngine raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, June 22nd. TheStreet raised shares of Federal Realty Investment Trust from a “c+” rating to a “b-” rating in a research note on Thursday, June 21st. 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. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $136.23.

FRT stock opened at $125.04 on Wednesday. The company has a market capitalization of $9.23 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 3.39 and a beta of 0.23. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.32 and a quick ratio of 1.32. Federal Realty Investment Trust has a one year low of $106.41 and a one year high of $134.52.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 15th. Shareholders of record on Friday, September 21st will be paid a $1.02 dividend. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.00. This represents a $4.08 annualized dividend and a yield of 3.26%. The ex-dividend date is Thursday, September 20th. Federal Realty Investment Trust’s payout ratio is presently 67.68%.

In other Federal Realty Investment Trust news, insider Donald C. Wood sold 20,000 shares of Federal Realty Investment Trust stock in a transaction on Wednesday, May 30th. The shares were sold at an average price of $119.06, for a total value of $2,381,200.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In the last quarter, insiders sold 56,625 shares of company stock worth $6,796,976. 1.10% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in FRT. Envestnet Asset Management Inc. boosted its holdings in shares of Federal Realty Investment Trust by 3.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 12,480 shares of the real estate investment trust’s stock valued at $1,658,000 after purchasing an additional 474 shares during the last quarter. Lincluden Management Ltd. acquired a new position in shares of Federal Realty Investment Trust in the 1st quarter valued at $7,805,000. Wells Fargo & Company MN boosted its holdings in shares of Federal Realty Investment Trust by 8.7% in the 1st quarter. Wells Fargo & Company MN now owns 410,596 shares of the real estate investment trust’s stock valued at $47,675,000 after purchasing an additional 32,980 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of Federal Realty Investment Trust by 0.7% in the 1st quarter. Rhumbline Advisers now owns 160,703 shares of the real estate investment trust’s stock valued at $18,659,000 after purchasing an additional 1,146 shares during the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH boosted its holdings in shares of Federal Realty Investment Trust by 383.6% in the 1st quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 16,734 shares of the real estate investment trust’s stock valued at $1,944,000 after purchasing an additional 13,274 shares during the last quarter. Institutional investors own 93.60% 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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