Research Analysts Offer Predictions for Federal Realty Investment Trust’s Q3 2018 Earnings (FRT)

Federal Realty Investment Trust (NYSE:FRT) – Boenning Scattergood lifted their Q3 2018 earnings per share (EPS) estimates for shares of Federal Realty Investment Trust in a note issued to investors on Thursday. Boenning Scattergood analyst F. Van. Dijkum now anticipates that the real estate investment trust will post earnings of $1.58 per share for the quarter, up from their previous forecast of $1.56. Boenning Scattergood currently has a “Buy” rating and a $140.00 target price on the stock.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.57. The business had revenue of $223.96 million for the quarter, compared to analysts’ expectations of $218.68 million. Federal Realty Investment Trust had a net margin of 33.81% and a return on equity of 12.68%. During the same period last year, the firm posted $0.80 earnings per share.

A number of other research analysts have also recently issued reports on FRT. 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. UBS Group upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and raised their target price for the company from $131.00 to $141.00 in a research report on Thursday, November 9th. Stifel Nicolaus initiated coverage on shares of Federal Realty Investment Trust in a research report on Thursday, November 30th. They issued a “buy” rating and a $144.00 target price on the stock. BMO Capital Markets restated a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a research report on Tuesday, January 9th. Finally, Wells Fargo & Co cut their target price on shares of Federal Realty Investment Trust from $151.00 to $144.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 6th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company’s stock. Federal Realty Investment Trust has an average rating of “Buy” and an average price target of $138.67.

Federal Realty Investment Trust (FRT) opened at $114.33 on Monday. The stock has a market cap of $8,376.91, a P/E ratio of 28.83, a P/E/G ratio of 3.09 and a beta of 0.23. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.30 and a quick ratio of 1.30. Federal Realty Investment Trust has a one year low of $106.41 and a one year high of $143.79.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Wednesday, March 14th will be issued a dividend of $1.00 per share. The ex-dividend date is Tuesday, March 13th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.50%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 100.76%.

Large investors have recently modified their holdings of the company. Lourd Capital LLC acquired a new position in shares of Federal Realty Investment Trust during the fourth quarter worth $211,000. American Assets Capital Advisers LLC acquired a new position in shares of Federal Realty Investment Trust during the fourth quarter worth $212,000. Advisor Partners LLC acquired a new position in shares of Federal Realty Investment Trust during the third quarter worth $203,000. Keel Point LLC acquired a new position in shares of Federal Realty Investment Trust during the fourth quarter worth $217,000. Finally, Magnetar Financial LLC acquired a new position in shares of Federal Realty Investment Trust during the third quarter worth $207,000. Institutional investors own 92.74% of the company’s stock.

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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 and Estimates for Federal Realty Investment Trust (NYSE:FRT)

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