Federal Realty Investment Trust (NYSE:FRT) issued its quarterly earnings data on Tuesday. The real estate investment trust reported $1.30 EPS for the quarter, topping the consensus estimate of $0.73 by $0.57, Bloomberg Earnings reports. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. During the same period in the prior year, the firm earned $0.80 earnings per share. Federal Realty Investment Trust updated its FY18 guidance to $6.08-$6.24 EPS.

Shares of Federal Realty Investment Trust (FRT) opened at $110.26 on Wednesday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $7,973.63, a P/E ratio of 26.89, a P/E/G ratio of 2.97 and a beta of 0.23. Federal Realty Investment Trust has a 52-week low of $106.64 and a 52-week high of $143.79.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Wednesday, March 14th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.63%. Federal Realty Investment Trust’s payout ratio is 97.56%.

FRT has been the subject of several analyst reports. BMO Capital Markets reissued a “buy” rating and issued a $142.00 price objective on shares of Federal Realty Investment Trust in a research note on Tuesday, January 9th. Boenning Scattergood set a $140.00 price objective on Federal Realty Investment Trust and gave the stock a “buy” rating in a research note on Friday, December 8th. Stifel Nicolaus initiated coverage on Federal Realty Investment Trust in a research note on Thursday, November 30th. They issued a “buy” rating and a $144.00 price objective for the company. UBS Group raised Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $131.00 to $141.00 in a research note on Thursday, November 9th. Finally, Mizuho reissued a “buy” rating and issued a $142.00 price objective on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $140.83.

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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.

Earnings History for Federal Realty Investment Trust (NYSE:FRT)

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