Federal Realty Investment Trust (FRT) Projected to Post Quarterly Earnings on Thursday

Federal Realty Investment Trust (NYSE:FRT) will likely be posting its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Federal Realty Investment Trust to post earnings of $1.73 per share and revenue of $311.74 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Federal Realty Investment Trust Trading Up 1.0 %

FRT opened at $110.94 on Wednesday. The stock has a 50-day moving average of $109.35 and a 200 day moving average of $112.19. 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. The firm has a market cap of $9.20 billion, a P/E ratio of 32.25, a P/E/G ratio of 2.34 and a beta of 1.24.

Analyst Ratings Changes

A number of brokerages have recently commented on FRT. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $122.00 to $125.00 in a report on Friday, December 20th. Wells Fargo & Company dropped 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. StockNews.com downgraded shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Friday, January 31st. Finally, Scotiabank lifted their price target 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. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target 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.