Federal Realty Investment Trust (FRT) Given Coverage Optimism Rating of 0.12

News stories about Federal Realty Investment Trust (NYSE:FRT) have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Federal Realty Investment Trust earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.2563165672889 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Federal Realty Investment Trust opened at $125.61 on Friday, according to Marketbeat. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.51. The stock has a market capitalization of $9.06 billion, a P/E ratio of 21.25, a price-to-earnings-growth ratio of 3.34 and a beta of 0.27. Federal Realty Investment Trust has a 1 year low of $106.41 and a 1 year high of $135.59.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Wednesday, May 2nd. The real estate investment trust reported $1.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.50 by $0.02. The company had revenue of $225.40 million for the quarter, compared to analysts’ expectations of $222.80 million. Federal Realty Investment Trust had a return on equity of 12.70% and a net margin of 33.70%. Federal Realty Investment Trust’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period last year, the firm earned $1.45 earnings per share. analysts anticipate that Federal Realty Investment Trust will post 6.18 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 16th. Investors of record on Friday, June 22nd will be paid a $1.00 dividend. The ex-dividend date of this dividend is Thursday, June 21st. This represents a $4.00 annualized dividend and a dividend yield of 3.18%. Federal Realty Investment Trust’s payout ratio is presently 67.68%.

A number of research analysts have recently issued reports on the company. TheStreet raised Federal Realty Investment Trust from a “c+” rating to a “b-” rating in a research note on Thursday. ValuEngine raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday. BMO Capital Markets reaffirmed a “buy” rating and set a $142.00 price objective on shares of Federal Realty Investment Trust in a research note on Wednesday, May 2nd. Boenning Scattergood set a $140.00 price objective on Federal Realty Investment Trust and gave the company a “buy” rating in a research note on Thursday, May 10th. Finally, Jefferies Financial Group set a $123.00 price objective on Federal Realty Investment Trust and gave the company a “hold” rating in a research note on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $135.00.

In related news, insider Donald C. Wood sold 20,000 shares of the firm’s stock in a transaction dated Thursday, June 7th. The stock was sold at an average price of $121.38, for a total value of $2,427,600.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders sold 56,625 shares of company stock worth $6,796,976 over the last three months. 1.10% of the stock is owned by insiders.

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, our mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply.

Insider Buying and Selling by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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