Headlines about Federal Realty Investment Trust (NYSE:FRT) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Federal Realty Investment Trust earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.6892585540035 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
Federal Realty Investment Trust (NYSE:FRT) traded down $0.40 during trading hours on Friday, hitting $122.81. The stock had a trading volume of 258,864 shares, compared to its average volume of 419,810. Federal Realty Investment Trust has a fifty-two week low of $119.37 and a fifty-two week high of $143.79. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.23 and a quick ratio of 1.23. The company has a market cap of $8,910.00, a PE ratio of 39.11, a PEG ratio of 3.47 and a beta of 0.34.
Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $1.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.03. The business had revenue of $217.95 million for the quarter, compared to analysts’ expectations of $213.63 million. Federal Realty Investment Trust had a return on equity of 13.28% and a net margin of 35.50%. Federal Realty Investment Trust’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.41 EPS. equities analysts anticipate that Federal Realty Investment Trust will post 5.91 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 3.26%. The ex-dividend date is Friday, December 29th. Federal Realty Investment Trust’s payout ratio is 127.39%.
A number of research analysts have issued reports on FRT shares. Jefferies Group cut their price objective on Federal Realty Investment Trust from $136.00 to $130.00 and set a “hold” rating for the company in a report on Friday, September 15th. BMO Capital Markets assumed coverage on Federal Realty Investment Trust in a research note on Sunday, September 17th. They issued an “outperform” rating and a $145.00 target price for the company. Boenning Scattergood restated a “buy” rating and issued a $140.00 target price on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. Mizuho restated a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. Finally, UBS Group upgraded Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $131.00 to $141.00 in a research report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. Federal Realty Investment Trust has a consensus rating of “Buy” and a consensus price target of $140.55.
In other news, CEO Donald C. Wood sold 9,900 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $132.44, for a total transaction of $1,311,156.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.
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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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