$1.06 Earnings Per Share Expected for Federal Realty Investment Trust (NYSE:FRT) This Quarter

Analysts expect that Federal Realty Investment Trust (NYSE:FRT) will report earnings of $1.06 per share for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Federal Realty Investment Trust’s earnings. The lowest EPS estimate is $1.01 and the highest is $1.18. Federal Realty Investment Trust reported earnings of $1.50 per share in the same quarter last year, which would suggest a negative year over year growth rate of 29.3%. The firm is scheduled to announce its next earnings results after the market closes on Wednesday, May 5th.

On average, analysts expect that Federal Realty Investment Trust will report full-year earnings of $4.56 per share for the current financial year, with EPS estimates ranging from $4.47 to $4.92. For the next fiscal year, analysts forecast that the business will report earnings of $5.05 per share, with EPS estimates ranging from $4.87 to $5.22. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Federal Realty Investment Trust.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Thursday, February 11th. The real estate investment trust reported $1.22 EPS for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.15. Federal Realty Investment Trust had a return on equity of 7.72% and a net margin of 21.56%. During the same quarter last year, the firm posted $1.92 earnings per share.

A number of analysts recently issued reports on the company. Wells Fargo & Company cut Federal Realty Investment Trust from an “overweight” rating to an “equal weight” rating and set a $95.00 price objective for the company. in a research report on Thursday, December 10th. Truist Securities increased their target price on shares of Federal Realty Investment Trust from $88.00 to $96.00 and gave the stock a “hold” rating in a research report on Monday, March 29th. TheStreet raised Federal Realty Investment Trust from a “c” rating to a “b-” rating in a research note on Friday, February 12th. Scotiabank downgraded Federal Realty Investment Trust from a “sector outperform” rating to a “sector perform” rating and lowered their price target for the company from $95.00 to $91.00 in a report on Thursday, January 28th. Finally, Capital One Financial cut shares of Federal Realty Investment Trust from an “overweight” rating to an “equal weight” rating in a research note on Friday, February 12th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $89.63.

Shares of NYSE:FRT opened at $105.05 on Monday. The firm has a fifty day moving average of $103.77 and a two-hundred day moving average of $89.05. The company has a quick ratio of 3.86, a current ratio of 3.86 and a debt-to-equity ratio of 2.01. Federal Realty Investment Trust has a 12-month low of $64.11 and a 12-month high of $110.66. The firm has a market capitalization of $8.16 billion, a P/E ratio of 45.28, a price-to-earnings-growth ratio of 1.85 and a beta of 1.07.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 15th. Investors of record on Tuesday, March 16th will be paid a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 4.04%. The ex-dividend date of this dividend is Monday, March 15th. Federal Realty Investment Trust’s payout ratio is 66.98%.

A number of hedge funds have recently bought and sold shares of FRT. Neo Ivy Capital Management acquired a new stake in shares of Federal Realty Investment Trust during the fourth quarter worth about $28,000. Vantage Consulting Group Inc bought a new position in Federal Realty Investment Trust in the fourth quarter valued at approximately $30,000. Planned Solutions Inc. acquired a new position in shares of Federal Realty Investment Trust in the fourth quarter valued at approximately $34,000. Signaturefd LLC raised its holdings in shares of Federal Realty Investment Trust by 132.6% during the fourth quarter. Signaturefd LLC now owns 442 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 252 shares during the period. Finally, IFP Advisors Inc lifted its position in Federal Realty Investment Trust by 74.2% in the 4th quarter. IFP Advisors Inc now owns 507 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 216 shares in the last quarter. Hedge funds and other institutional investors own 86.54% of the company’s stock.

About Federal Realty Investment Trust

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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