Federal Realty Investment Trust (FRT) Expected to Announce Earnings on Thursday

Federal Realty Investment Trust (NYSE:FRT) will likely be issuing its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $1.73 per share and revenue of $311.74 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Federal Realty Investment Trust Stock Performance

Shares of FRT stock opened at $109.81 on Tuesday. The business’s fifty day simple moving average is $109.40 and its 200-day simple moving average is $112.18. The company has a market cap of $9.11 billion, a PE ratio of 31.92, a PEG ratio of 2.34 and a beta of 1.24. The company has a current ratio of 1.56, a quick 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.

Wall Street Analyst Weigh In

FRT has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $122.00 to $125.00 in a research report on Friday, December 20th. StockNews.com downgraded Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research report on Friday, January 31st. Scotiabank upped their target price on Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research report on Monday, November 25th. Finally, Wells Fargo & Company cut their target price on Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, Federal Realty Investment Trust presently has an average rating of “Moderate Buy” and a consensus target price of $124.17.

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.