Federal Realty Investment Trust (NYSE:FRT) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share guidance of $6.08-$6.24 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.18.

A number of brokerages have commented on FRT. Wells Fargo & Co decreased their price objective on Federal Realty Investment Trust from $151.00 to $144.00 and set an outperform rating for the company in a research report on Tuesday, February 6th. They noted that the move was a valuation call. Boenning Scattergood set a $140.00 price objective on Federal Realty Investment Trust and gave the stock a buy rating in a research report on Friday, December 8th. UBS Group upgraded Federal Realty Investment Trust from a neutral rating to a buy rating and lifted their price target for the company from $131.00 to $141.00 in a report on Thursday, November 9th. BMO Capital Markets reiterated a buy rating and set a $142.00 price target on shares of Federal Realty Investment Trust in a report on Tuesday, January 9th. Finally, Mizuho reiterated a buy rating and set a $142.00 price target on shares of Federal Realty Investment Trust in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the stock. Federal Realty Investment Trust presently has a consensus rating of Buy and an average price target of $140.83.

Shares of Federal Realty Investment Trust (NYSE FRT) traded up $0.02 during trading on Tuesday, hitting $110.26. The stock had a trading volume of 602,561 shares, compared to its average volume of 559,709. The firm has a market cap of $7,973.63, a price-to-earnings ratio of 26.70, a price-to-earnings-growth ratio of 2.97 and a beta of 0.23. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.27. Federal Realty Investment Trust has a fifty-two week low of $106.64 and a fifty-two week high of $143.79.

The company 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. This represents a $4.00 annualized dividend and a dividend yield of 3.63%. Federal Realty Investment Trust’s dividend payout ratio is 97.56%.

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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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