Federal Realty Investment Trust (NYSE:FRT) Announces Earnings Results

Federal Realty Investment Trust (NYSE:FRT) released its earnings results on Thursday. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.73, Zacks reports. Federal Realty Investment Trust had a return on equity of 10.01% and a net margin of 24.67%. Federal Realty Investment Trust updated its FY 2025 guidance to 7.100-7.220 EPS.

Federal Realty Investment Trust Stock Down 6.1 %

Shares of NYSE FRT traded down $6.79 during midday trading on Friday, hitting $105.03. 1,771,952 shares of the company’s stock were exchanged, compared to its average volume of 671,837. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.56 and a quick ratio of 1.56. Federal Realty Investment Trust has a twelve month low of $95.97 and a twelve month high of $118.34. The company has a market cap of $8.71 billion, a PE ratio of 30.53, a P/E/G ratio of 2.34 and a beta of 1.24. The firm’s fifty day simple moving average is $109.06 and its 200-day simple moving average is $112.13.

Federal Realty Investment Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 4.19%. The ex-dividend date is Tuesday, April 1st. Federal Realty Investment Trust’s payout ratio is presently 127.91%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Wells Fargo & Company decreased their price objective on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. Scotiabank boosted their target price on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their target price for the company from $122.00 to $125.00 in a research report on Friday, December 20th. Stifel Nicolaus dropped their target price on Federal Realty Investment Trust from $115.75 to $115.00 and set a “hold” rating on the stock in a research report on Friday. Finally, StockNews.com upgraded Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $123.46.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.