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

Federal Realty Investment Trust (NYSE:FRT) declared a quarterly dividend on Friday, October 31st. Investors 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 yield of 4.5%. The ex-dividend date is Friday, January 2nd.

Federal Realty Investment Trust has decreased its dividend payment by an average of 0.0%annually 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% meaning 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

Shares of Federal Realty Investment Trust stock traded down $0.50 during trading hours on Wednesday, reaching $101.31. The company had a trading volume of 33,200 shares, compared to its average volume of 727,251. The firm has a market cap of $8.74 billion, a PE ratio of 25.71, a price-to-earnings-growth ratio of 3.75 and a beta of 1.01. Federal Realty Investment Trust has a one year low of $80.65 and a one year high of $112.29. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.60 and a quick ratio of 1.60. The business has a fifty day simple moving average of $98.58 and a 200 day simple moving average of $97.43.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, topping the consensus estimate of $1.76 by $0.01. Federal Realty Investment Trust had a return on equity of 11.12% and a net margin of 27.65%.The business had revenue of $321.97 million during the quarter, compared to the consensus estimate of $318.73 million. During the same quarter last year, the company earned $1.71 EPS. The firm’s revenue was up 6.2% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. On average, analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

About Federal Realty Investment Trust

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.