Brokerages expect Federal Realty Investment Trust (NYSE:FRT) to announce $223.77 million in sales for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Federal Realty Investment Trust’s earnings, with estimates ranging from $221.90 million to $224.70 million. Federal Realty Investment Trust reported sales of $207.39 million in the same quarter last year, which indicates a positive year over year growth rate of 7.9%. The company is scheduled to announce its next quarterly earnings report after the market closes on Wednesday, May 2nd.

On average, analysts expect that Federal Realty Investment Trust will report full-year sales of $913.96 million for the current fiscal year, with estimates ranging from $908.98 million to $920.71 million. For the next financial year, analysts anticipate that the firm will post sales of $962.40 million per share, with estimates ranging from $954.19 million to $978.63 million. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Federal Realty Investment Trust.

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

Several equities research analysts have recently weighed in on FRT shares. Jefferies Group set a $133.00 price objective on Federal Realty Investment Trust and gave the company a “hold” rating in a research report on Tuesday, February 13th. Stifel Nicolaus reissued a “buy” rating and issued a $130.00 price objective (down from $144.00) on shares of Federal Realty Investment Trust in a research report on Wednesday, February 14th. SunTrust Banks reissued a “hold” rating and issued a $123.00 price objective on shares of Federal Realty Investment Trust in a research report on Tuesday, April 3rd. Boenning Scattergood set a $140.00 price objective on Federal Realty Investment Trust and gave the company a “buy” rating in a research report on Thursday, February 15th. Finally, BMO Capital Markets set a $142.00 price objective on Federal Realty Investment Trust and gave the company a “buy” rating in a research report on Tuesday, February 13th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the stock. Federal Realty Investment Trust presently has a consensus rating of “Buy” and a consensus price target of $135.00.

FRT opened at $116.39 on Friday. Federal Realty Investment Trust has a 1-year low of $106.41 and a 1-year high of $135.59. 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 company has a market capitalization of $8,209.30, a PE ratio of 19.27, a price-to-earnings-growth ratio of 3.03 and a beta of 0.25.

The company also recently announced a quarterly dividend, which was paid on Monday, April 16th. Investors of record on Wednesday, March 14th were given a $1.00 dividend. The ex-dividend date was Tuesday, March 13th. This represents a $4.00 annualized dividend and a yield of 3.44%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 67.68%.

In related news, insider Donald C. Wood sold 30,000 shares of the firm’s stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $117.76, for a total value of $3,532,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by company insiders.

A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. lifted its position in Federal Realty Investment Trust by 1.6% in the fourth quarter. BlackRock Inc. now owns 7,899,850 shares of the real estate investment trust’s stock worth $1,049,178,000 after purchasing an additional 126,701 shares during the period. APG Asset Management US Inc. lifted its position in Federal Realty Investment Trust by 16.1% in the fourth quarter. APG Asset Management US Inc. now owns 963,500 shares of the real estate investment trust’s stock worth $127,962,000 after purchasing an additional 133,947 shares during the period. Geode Capital Management LLC lifted its position in Federal Realty Investment Trust by 4.4% in the fourth quarter. Geode Capital Management LLC now owns 907,209 shares of the real estate investment trust’s stock worth $120,265,000 after purchasing an additional 38,015 shares during the period. Brookfield Asset Management Inc. lifted its position in Federal Realty Investment Trust by 2.8% in the fourth quarter. Brookfield Asset Management Inc. now owns 872,755 shares of the real estate investment trust’s stock worth $115,911,000 after purchasing an additional 23,700 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its position in Federal Realty Investment Trust by 5.5% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 733,469 shares of the real estate investment trust’s stock worth $97,413,000 after purchasing an additional 37,924 shares during the period. 97.75% of the stock is owned by hedge funds and other institutional investors.

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.

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

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