|Bid||67.97 x 1200|
|Ask||70.32 x 800|
|Day's Range||67.17 - 69.97|
|52 Week Range||64.11 - 141.32|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||19.39|
|Forward Dividend & Yield||4.24 (6.24%)|
|Ex-Dividend Date||Sep 21, 2020|
|1y Target Est||N/A|
It's tough right now for retail-focused real estate investment trusts (REITs) like Federal Realty Property Trust (NYSE: FRT). But the COVID-19 headwinds the company is facing will, eventually, fade.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). We reversed our stance on March 25th after seeing unprecedented fiscal and monetary stimulus unleashed by the Fed and the Congress. […]
While Federal Realty (FRT) sees an improvement in billed recurring rents, it deferred $5 million of third-quarter rents.