Federal Realty Investment Reaches New 52-Week High (FRT)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Friday as it is currently trading at $96.05, above its previous 52-week high of $96.02 with 12,139 shares traded as of 9:40 a.m. ET. Average volume has been 496,300 shares over the past 30 days.
Federal Realty Investment has a market cap of $5.91 billion and is part of the
sector and
industry. Shares are up 4.8% year to date as of the close of trading on Thursday.
Federal Realty Investment Trust operates as a real estate investment trust, which engages in the ownership, management, development, and redevelopment of retail and mixed-use properties. The company has a P/E ratio of 46.1, above the average real estate industry P/E ratio of 40.1 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Federal Realty Investment as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, compelling growth in net income, revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full
Federal Realty Investment Ratings Report
.
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