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

Federal Realty Investment Trust (NYSE:FRT) is projected to announce its earnings results after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $1.74 per share and revenue of $311.89 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 Trading Up 1.7 %

Shares of NYSE:FRT opened at $110.00 on Thursday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a market capitalization of $9.12 billion, a price-to-earnings ratio of 31.98, a PEG ratio of 2.00 and a beta of 1.24. Federal Realty Investment Trust has a 1-year low of $95.97 and a 1-year high of $118.34. The company has a 50 day moving average price of $109.74 and a 200 day moving average price of $112.11.

Analyst Ratings Changes

A number of equities analysts recently issued reports on FRT shares. 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. Scotiabank lifted their price target on 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. StockNews.com downgraded Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a report on Friday, January 31st. Finally, Wells Fargo & Company decreased their target price on shares of 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. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average 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.