Federal Realty Investment Trust (NYSE:FRT) – Investment analysts at Boenning Scattergood raised their Q3 2018 earnings per share estimates for shares of Federal Realty Investment Trust in a research note issued to investors on Thursday, Zacks Investment Research reports. 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 estimate of $1.56. Boenning Scattergood has a “Buy” rating and a $140.00 price objective on the stock.
Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Tuesday, February 13th. The real estate investment trust reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.57. Federal Realty Investment Trust had a net margin of 33.81% and a return on equity of 12.68%. The business had revenue of $223.96 million for the quarter, compared to the consensus estimate of $218.68 million. During the same period in the previous year, the firm earned $0.80 EPS.
Federal Realty Investment Trust (NYSE FRT) traded up $0.13 during mid-day trading on Monday, hitting $117.94. 411,094 shares of the stock were exchanged, compared to its average volume of 628,178. Federal Realty Investment Trust has a twelve month low of $106.41 and a twelve month high of $138.12. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a market capitalization of $8,560.00, a price-to-earnings ratio of 40.81, a P/E/G ratio of 3.17 and a beta of 0.29.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Wednesday, March 14th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a $4.00 annualized dividend and a yield of 3.39%. Federal Realty Investment Trust’s dividend payout ratio is presently 138.41%.
Institutional investors have recently added to or reduced their stakes in the business. Lourd Capital LLC acquired a new position in Federal Realty Investment Trust in the 4th quarter valued at approximately $211,000. American Assets Capital Advisers LLC acquired a new position in Federal Realty Investment Trust in the 4th quarter valued at approximately $212,000. Advisor Partners LLC acquired a new position in Federal Realty Investment Trust in the 3rd quarter valued at approximately $203,000. Keel Point LLC acquired a new position in Federal Realty Investment Trust in the 4th quarter valued at approximately $217,000. Finally, Magnetar Financial LLC acquired a new position in Federal Realty Investment Trust in the 3rd quarter valued at approximately $207,000. Hedge funds and other institutional investors own 97.77% of the company’s stock.
Federal Realty Investment Trust Company Profile
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.
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