Analysts predict that Federal Realty Investment Trust (NYSE:FRT) will post $228.53 million in sales for the current quarter, Zacks reports. Seven analysts have issued estimates for Federal Realty Investment Trust’s earnings, with estimates ranging from $224.99 million to $232.10 million. Federal Realty Investment Trust posted sales of $217.95 million during the same quarter last year, which suggests a positive year over year growth rate of 4.9%. The company is expected to report its next earnings results after the market closes on Wednesday, October 31st.

According to Zacks, analysts expect that Federal Realty Investment Trust will report full-year sales of $912.22 million for the current year, with estimates ranging from $907.38 million to $918.35 million. For the next financial year, analysts expect that the firm will post sales of $958.50 million, with estimates ranging from $950.00 million to $969.63 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for Federal Realty Investment Trust.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Wednesday, August 1st. The real estate investment trust reported $1.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.02. Federal Realty Investment Trust had a return on equity of 12.76% and a net margin of 31.64%. The company had revenue of $224.90 million during the quarter, compared to analysts’ expectations of $223.56 million. During the same quarter last year, the company earned $1.49 EPS. Federal Realty Investment Trust’s revenue for the quarter was up 8.1% compared to the same quarter last year.

Several equities research analysts recently issued reports on FRT shares. Stifel Nicolaus raised their target price on shares of Federal Realty Investment Trust from $130.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, August 2nd. SunTrust Banks upgraded shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $145.00 target price for the company in a research note on Monday, June 25th. Bank of America raised their target price on shares of Federal Realty Investment Trust from $141.00 to $144.00 and gave the company a “buy” rating in a research note on Monday, August 13th. ValuEngine upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 18th. Finally, DA Davidson upgraded 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. Three investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $137.54.

NYSE:FRT traded up $1.09 during mid-day trading on Wednesday, hitting $122.90. The stock had a trading volume of 257,258 shares, compared to its average volume of 435,596. Federal Realty Investment Trust has a twelve month low of $106.41 and a twelve month high of $134.52. The company has a market capitalization of $8.95 billion, a P/E ratio of 20.80, a price-to-earnings-growth ratio of 3.28 and a beta of 0.17. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.32 and a current ratio of 1.32.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Shareholders of record on Friday, September 21st were given a dividend of $1.02 per share. The ex-dividend date of this dividend was Thursday, September 20th. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $1.00. This represents a $4.08 annualized dividend and a yield of 3.32%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 69.04%.

Hedge funds have recently modified their holdings of the business. Chevy Chase Trust Holdings Inc. acquired a new stake in Federal Realty Investment Trust during the second quarter worth approximately $8,317,000. Centersquare Investment Management LLC lifted its position in Federal Realty Investment Trust by 434.3% during the second quarter. Centersquare Investment Management LLC now owns 265,022 shares of the real estate investment trust’s stock worth $33,538,000 after acquiring an additional 215,419 shares during the last quarter. Macquarie Group Ltd. lifted its position in Federal Realty Investment Trust by 14.1% during the second quarter. Macquarie Group Ltd. now owns 26,725 shares of the real estate investment trust’s stock worth $3,381,000 after acquiring an additional 3,300 shares during the last quarter. Toronto Dominion Bank lifted its position in Federal Realty Investment Trust by 19.4% during the second quarter. Toronto Dominion Bank now owns 47,068 shares of the real estate investment trust’s stock worth $5,954,000 after acquiring an additional 7,658 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Federal Realty Investment Trust by 1.6% during the second quarter. Wells Fargo & Company MN now owns 417,255 shares of the real estate investment trust’s stock worth $52,802,000 after acquiring an additional 6,659 shares during the last quarter. Hedge funds and other institutional investors own 91.92% 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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