Federal Realty Investment Trust (FRT) To Go Ex-Dividend on January 2nd

Federal Realty Investment Trust (NYSE:FRT) announced a quarterly dividend on Friday, October 31st. Stockholders of record on Friday, January 2nd will be given a dividend of 1.13 per share by the real estate investment trust on Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, January 2nd.

Federal Realty Investment Trust has decreased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 58 consecutive years. Federal Realty Investment Trust has a payout ratio of 141.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Federal Realty Investment Trust to earn $7.42 per share next year, which means the company should continue to be able to cover its $4.52 annual dividend with an expected future payout ratio of 60.9%.

Federal Realty Investment Trust Stock Performance

NYSE:FRT opened at $96.31 on Friday. The stock has a market cap of $8.31 billion, a P/E ratio of 24.38, a price-to-earnings-growth ratio of 3.78 and a beta of 1.15. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 1.42. The stock’s 50-day moving average is $99.41 and its 200-day moving average is $96.40. Federal Realty Investment Trust has a 1-year low of $80.65 and a 1-year high of $118.09.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.01. The company had revenue of $322.25 million for the quarter, compared to analysts’ expectations of $318.73 million. Federal Realty Investment Trust had a return on equity of 11.19% and a net margin of 28.01%.The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.71 earnings per share. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Equities research analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Hedge Funds Weigh In On Federal Realty Investment Trust

Institutional investors and hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. raised its position in shares of Federal Realty Investment Trust by 0.6% during the first quarter. Principal Financial Group Inc. now owns 155,434 shares of the real estate investment trust’s stock worth $15,205,000 after purchasing an additional 917 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of Federal Realty Investment Trust by 10.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,124 shares of the real estate investment trust’s stock worth $697,000 after purchasing an additional 674 shares during the period. KBC Group NV raised its position in shares of Federal Realty Investment Trust by 5.6% during the first quarter. KBC Group NV now owns 2,844 shares of the real estate investment trust’s stock worth $278,000 after purchasing an additional 151 shares during the period. Amalgamated Bank raised its position in shares of Federal Realty Investment Trust by 1.0% during the first quarter. Amalgamated Bank now owns 15,284 shares of the real estate investment trust’s stock worth $1,495,000 after purchasing an additional 146 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Federal Realty Investment Trust by 103.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 5,770 shares of the real estate investment trust’s stock worth $553,000 after purchasing an additional 2,928 shares during the period. 93.86% of the stock is currently owned by institutional investors.

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.