Federal Real Estate Investment Trust (NYSE:FRT – Get Rating ) is scheduled to announce its earnings results after the market closes on Wednesday, February 8th. Analysts expect the company to post earnings of $1.56 per share for the quarter. Investors wishing to register for the company’s conference call can do so via this link.
Price performance of Federal Realty Investment Trust
Shares of Federal Realty Investment Trust stock opened at $111.53 on Wednesday. The stock has a market cap of $9.06 billion, a price-to-earnings ratio of 23.68, a price-to-earnings-growth ratio of 2.67 and a beta of 1.14. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.40, and a quick ratio of 1.40. Federal Realty Investment Trust has a 1 year low of $86.43 and a 1 year high of $128.13. The firm has a 50-day moving average of $106.47 and a 200-day moving average of $102.72.
Federal Realty Investment Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 17th. Shareholders of record on Tuesday, January 3rd were given a $1.08 dividend. The ex-dividend date was Friday, December 30th. This represents a $4.32 annual dividend and a yield of 3.87%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 91.72%.
Promote and demote an analyst
FRT has been the subject of several research reports. Piper Sandler cut shares of Federal Realty Investment Trust from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $115.00 to $112.00 in a research report on Thursday, December 15th. Raymond James decreased their target price on shares of Federal Realty Investment Trust from $130.00 to $120.00 and set a “strong-buy” rating for the company in a research report on Wednesday, January 4th. StockNews.com upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, January 10th. Mizuho lowered their target price on shares of Federal Realty Investment Trust from $125.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, November 11th. Finally, JPMorgan Chase & Co. cut shares of Federal Realty Investment Trust from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $118.00 to $115.00 in a research report on Friday, December 16th. Eight equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.53, according to MarketBeat.
Institutional inflows and outflows
A number of hedge funds have recently bought and sold stakes in the stock. Creative Planning boosted its stake in Federal Realty Investment Trust by 3.9% in the second quarter. Creative Planning now owns 2,840 shares of the real estate investment trust’s stock valued at $272,000 after purchasing an additional 106 shares during the last quarter. Pathstone Family Office LLC boosted its stake in Federal Realty Investment Trust by 6.4% in the third quarter. Pathstone Family Office LLC now owns 2,331 shares of the real estate investment trust’s stock valued at $212,000 after purchasing an additional 141 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund boosted its stake in Federal Realty Investment Trust by 6.9% during the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,610 shares of the real estate investment trust’s stock valued at $235,000 after purchasing an additional 168 shares during the last quarter. Panagora Asset Management Inc. grew its stake in Federal Realty Investment Trust by 3.9% in the first quarter. Panagora Asset Management Inc. now owns 5,123 shares of the real estate investment trust’s stock valued at $625,000 after buying an additional 193 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its stake in Federal Realty Investment Trust by 237.0% during the first quarter. Brown Brothers Harriman & Co. now owns 337 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 237 shares during the last quarter. Institutional investors and hedge funds own 86.20% of the company’s shares.
Federal Realty Investment Trust Company Profile
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Federal Realty Investment Trust operates as a real estate capital investment trust. It owns, manages and redevelops retail and mixed-use properties. The company was founded in 1962 and is headquartered in North Bethesda, MD.
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