Federal Realty Investment Trust (NYSE:FRT) – Equities researchers at Jefferies Financial Group raised their FY2020 EPS estimates for shares of Federal Realty Investment Trust in a research note issued to investors on Monday, May 13th. Jefferies Financial Group analyst O. Okusanya now forecasts that the real estate investment trust will earn $6.78 per share for the year, up from their prior forecast of $6.70. Jefferies Financial Group also issued estimates for Federal Realty Investment Trust’s Q4 2020 earnings at $1.77 EPS.

Other research analysts have also recently issued reports about the stock. Deutsche Bank increased their target price on shares of Federal Realty Investment Trust from $133.00 to $134.00 and gave the company a “hold” rating in a report on Wednesday. Zacks Investment Research raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th. Citigroup increased their target price on shares of Federal Realty Investment Trust from $146.00 to $148.00 and gave the company a “neutral” rating in a report on Monday, February 25th. Mizuho cut shares of Federal Realty Investment Trust from a “buy” rating to a “neutral” rating and set a $140.00 target price for the company. in a report on Thursday, March 7th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $135.00 target price on shares of Federal Realty Investment Trust in a report on Thursday, February 14th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Federal Realty Investment Trust has an average rating of “Buy” and an average price target of $139.70.

Shares of Federal Realty Investment Trust stock opened at $130.09 on Wednesday. Federal Realty Investment Trust has a 12-month low of $113.25 and a 12-month high of $139.29. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.35 and a quick ratio of 1.35. The stock has a market capitalization of $9.68 billion, a price-to-earnings ratio of 20.88, a P/E/G ratio of 4.01 and a beta of 0.49.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Thursday, May 2nd. The real estate investment trust reported $1.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.55 by $0.01. Federal Realty Investment Trust had a net margin of 26.11% and a return on equity of 10.53%. The company had revenue of $232.23 million during the quarter, compared to analysts’ expectations of $235.09 million. During the same period last year, the company posted $1.52 earnings per share. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 21st will be paid a dividend of $1.02 per share. The ex-dividend date is Thursday, June 20th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.14%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 65.49%.

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its stake in shares of Federal Realty Investment Trust by 1.4% during the 1st quarter. BlackRock Inc. now owns 8,205,947 shares of the real estate investment trust’s stock worth $1,131,190,000 after purchasing an additional 115,564 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Federal Realty Investment Trust by 0.7% in the 1st quarter. JPMorgan Chase & Co. now owns 5,231,242 shares of the real estate investment trust’s stock worth $721,126,000 after acquiring an additional 34,756 shares during the period. Norges Bank purchased a new stake in Federal Realty Investment Trust in the 4th quarter worth approximately $530,291,000. Geode Capital Management LLC grew its stake in Federal Realty Investment Trust by 6.5% in the 1st quarter. Geode Capital Management LLC now owns 1,302,306 shares of the real estate investment trust’s stock worth $179,278,000 after acquiring an additional 79,737 shares during the period. Finally, Northern Trust Corp grew its stake in Federal Realty Investment Trust by 2.3% in the 1st quarter. Northern Trust Corp now owns 1,265,865 shares of the real estate investment trust’s stock worth $174,500,000 after acquiring an additional 27,877 shares during the period. 94.55% of the stock is owned by institutional investors and hedge funds.

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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