Federal Realty Investment Trust (NYSE:FRT) Issues Quarterly Earnings Results

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) issued its quarterly earnings data on Thursday. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.73, Zacks reports. The company had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. Federal Realty Investment Trust had a net margin of 24.67% and a return on equity of 10.01%. Federal Realty Investment Trust updated its FY 2025 guidance to 7.100-7.220 EPS.

Federal Realty Investment Trust Stock Performance

Shares of FRT traded down $6.79 during trading hours on Monday, reaching $105.03. 1,771,952 shares of the company traded hands, compared to its average volume of 671,837. The stock has a market capitalization of $8.71 billion, a P/E ratio of 30.53, a P/E/G ratio of 2.34 and a beta of 1.24. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.48. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34. The business has a fifty day moving average price of $108.88 and a 200-day moving average price of $112.07.

Federal Realty Investment Trust Announces Dividend

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 issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend is Tuesday, April 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 127.91%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on FRT. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $122.00 to $125.00 in a research note on Friday, December 20th. Wells Fargo & Company reduced their price objective on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an "overweight" rating for the company in a research note on Wednesday, January 29th. Stifel Nicolaus reduced their price objective on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating for the company in a research note on Friday. StockNews.com raised shares of Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research note on Wednesday, February 12th. Finally, Scotiabank boosted their price objective on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the stock a "sector outperform" rating in a research note on Monday, November 25th. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Federal Realty Investment Trust has an average rating of "Moderate Buy" and a consensus price target of $123.46.

Federal Realty Investment Trust Company Profile

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.