Equities research analysts expect that Federal Realty Investment Trust (NYSE:FRT) will announce $1.62 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have made estimates for Federal Realty Investment Trust’s earnings, with estimates ranging from $1.60 to $1.64. Federal Realty Investment Trust reported earnings per share of $1.57 during the same quarter last year, which suggests a positive year over year growth rate of 3.2%. The company is scheduled to report its next earnings results on Wednesday, February 12th.

According to Zacks, analysts expect that Federal Realty Investment Trust will report full year earnings of $6.35 per share for the current year, with EPS estimates ranging from $6.23 to $6.41. For the next year, analysts expect that the firm will post earnings of $6.63 per share, with EPS estimates ranging from $6.54 to $6.77. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for Federal Realty Investment Trust.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Wednesday, October 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.59 by ($0.75). The company had revenue of $233.90 million for the quarter, compared to analysts’ expectations of $231.88 million. Federal Realty Investment Trust had a net margin of 28.01% and a return on equity of 11.09%. The business’s quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.58 EPS.

Several research analysts recently weighed in on FRT shares. Mizuho upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and set a $146.00 price target for the company in a research report on Friday, September 13th. Sandler O’Neill cut shares of Federal Realty Investment Trust from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $150.00 to $145.00 in a research note on Friday, November 1st. They noted that the move was a valuation call. ValuEngine raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, October 29th. BMO Capital Markets reaffirmed a “buy” rating and set a $135.00 target price on shares of Federal Realty Investment Trust in a report on Monday, August 5th. Finally, Compass Point started coverage on shares of Federal Realty Investment Trust in a report on Thursday, August 15th. They set a “buy” rating and a $142.00 price target on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company’s stock. Federal Realty Investment Trust presently has a consensus rating of “Hold” and a consensus price target of $143.50.

Federal Realty Investment Trust stock traded up $0.71 during midday trading on Tuesday, hitting $130.47. 124,895 shares of the company were exchanged, compared to its average volume of 280,637. The firm has a market capitalization of $9.97 billion, a PE ratio of 20.94, a price-to-earnings-growth ratio of 4.31 and a beta of 0.41. Federal Realty Investment Trust has a fifty-two week low of $115.09 and a fifty-two week high of $141.35. The business has a fifty day simple moving average of $134.29 and a two-hundred day simple moving average of $132.58. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.52 and a current ratio of 1.52.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be given a dividend of $1.05 per share. The ex-dividend date is Tuesday, December 31st. This represents a $4.20 dividend on an annualized basis and a yield of 3.22%. Federal Realty Investment Trust’s dividend payout ratio is currently 67.42%.

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Federal Realty Investment Trust by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 11,812,062 shares of the real estate investment trust’s stock worth $1,520,921,000 after acquiring an additional 113,923 shares in the last quarter. State Street Corp increased its stake in shares of Federal Realty Investment Trust by 1.6% during the third quarter. State Street Corp now owns 7,220,855 shares of the real estate investment trust’s stock worth $990,662,000 after purchasing an additional 117,175 shares in the last quarter. Invesco Ltd. increased its stake in shares of Federal Realty Investment Trust by 2.2% during the second quarter. Invesco Ltd. now owns 2,426,225 shares of the real estate investment trust’s stock worth $312,401,000 after purchasing an additional 53,274 shares in the last quarter. PGGM Investments raised its position in shares of Federal Realty Investment Trust by 47.9% during the 2nd quarter. PGGM Investments now owns 1,907,362 shares of the real estate investment trust’s stock worth $245,592,000 after purchasing an additional 617,362 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its position in shares of Federal Realty Investment Trust by 94.8% during the 2nd quarter. Nuveen Asset Management LLC now owns 1,311,496 shares of the real estate investment trust’s stock worth $168,869,000 after purchasing an additional 638,193 shares during the last quarter. Hedge funds and other institutional investors own 86.56% 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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