Headlines about Federal Realty Investment Trust (NYSE:FRT) have been trending very positive recently, Alpha One Sentiment reports. The research group, a unit of Accern, rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Federal Realty Investment Trust earned a news impact score of 0.60 on Alpha One’s scale. Alpha One also assigned news articles about the real estate investment trust an impact score of 49 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have effected AlphaOne’s rankings:
- CocoWalk reveals plan for redesigned retail space (bizjournals.com)
- After Yesterday’s Decline of 1.68%, Federal Realty Investment Trust Offers Investors Better Value (mysmartrend.com)
- Federal Realty Investment Trust a Top Ranked SAFE Dividend Stock With 3.1% Yield (FRT) (nasdaq.com)
- Simon Property Group And Federal Realty Investment Trust (seekingalpha.com)
- Federal Realty Investment Trust : Canada Pension Plan Investment Board Has $25.612 Million Position in Federal Realty Investment Trust (4-traders.com)
Shares of Federal Realty Investment Trust (NYSE:FRT) opened at 125.59 on Friday. The stock has a 50 day moving average price of $132.02 and a 200-day moving average price of $137.17. Federal Realty Investment Trust has a 12-month low of $121.73 and a 12-month high of $171.08. The stock has a market cap of $9.07 billion, a price-to-earnings ratio of 39.44 and a beta of 0.31.
Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Wednesday, May 3rd. The real estate investment trust reported $1.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.43 by $0.02. The company had revenue of $207.39 million during the quarter, compared to analysts’ expectations of $205.96 million. Federal Realty Investment Trust had a net margin of 31.18% and a return on equity of 10.89%. Federal Realty Investment Trust’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.38 earnings per share. Equities analysts anticipate that Federal Realty Investment Trust will post $3.18 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Thursday, June 22nd will be issued a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date is Tuesday, June 20th. Federal Realty Investment Trust’s payout ratio is 112.00%.
A number of research firms have weighed in on FRT. Seaport Global Securities restated a “buy” rating on shares of Federal Realty Investment Trust in a research report on Thursday, April 27th. Boenning Scattergood upgraded Federal Realty Investment Trust from a “neutral” rating to an “outperform” rating in a research report on Wednesday, March 22nd. Deutsche Bank AG upped their target price on Federal Realty Investment Trust from $139.00 to $140.00 and gave the stock a “hold” rating in a research report on Tuesday, March 21st. Sandler O’Neill upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $145.00 price objective for the company in a research report on Monday, March 13th. Finally, Zacks Investment Research upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Monday, February 20th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. Federal Realty Investment Trust presently has a consensus rating of “Hold” and a consensus target price of $160.13.
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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.
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