Federal Realty Investment Trust (FRT)
NYSE:FRT
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FRT Stock Chart & Stats
$112.53
-$0.24(-0.23%)
At close: 4:00 PM EST
$112.53
-$0.24(-0.23%)
Day’s Range― - ―
52-Week Range$89.99 - $126.41
Previous CloseN/A
Volume243.68K
Average Volume (3M)1.00M
Market Cap
$10.87B
Enterprise Value$15.23B
Total Cash (Recent Filing)$115.63M
Total Debt (Recent Filing)$4.93B
Price to Earnings (P/E)21.6
Beta0.54
Next Earnings
Jul 31, 2026EPS Estimate
0.71Next Dividend Ex-DateN/A
Dividend Yield4.38%
Share Statistics
EPS (TTM)5.80
Shares Outstanding86,389,200
10 Day Avg. Volume1,221,031
30 Day Avg. Volume1,004,932
Financial Highlights & Ratios
PEG Ratio0.53
Price to Book (P/B)2.66
Price to Sales (P/S)6.77
P/FCF Ratio26.14
Enterprise Value/Market Cap1.40
Enterprise Value/Revenue11.61
Enterprise Value/Gross Profit21.66
Enterprise Value/Ebitda14.00
Forecast
1Y Price Target
$125.38Price Target Upside11.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)3.74
Revenue Forecast (FY)$1.36B
Bulls Say, Bears Say
Bulls Say
Cash Generation & FCFConsistent operating cash flow growth and free cash flow roughly matching net income provide durable internal funding for dividends, maintenance capex, and redevelopment. This reduces reliance on external financing, supports capital recycling, and underpins payout sustainability over the medium term.
High Leasing, Occupancy And Rent MomentumVery strong leasing and high occupancy across core coastal assets point to durable demand from affluent trade areas. Record leasing volumes, robust rent growth and a pipeline of executed-but-not-yet-occupied leases should lift recurring NOI and stabilize FFO through 2026–2027.
Redevelopment & Capital RecyclingA large, targeted residential development program and active asset recycling enable densification and NOI uplift on high-barrier coastal sites. Accretive dispositions and reinvestment into mixed-use projects create structural upside to rents and portfolio yield over multiple years.
Bears Say
Elevated LeverageLeverage materially above conservative levels limits financial flexibility and increases vulnerability to adverse financing conditions. High debt balances constrain the pace of acquisitions/developments and raise refinancing risk if market rates or credit spreads widen, affecting long-term growth optionality.
Refinancing Rate ResetA substantial refinancing headwind (~175bps) meaningfully increases interest expense and lowers reported FFO growth versus a no-refinance scenario. This structural increase in funding cost compresses margin sustainability and heightens sensitivity to future rate moves across the debt stack.
Profitability And Timing VolatilityLumpy items (timing, lease term fees, weather costs) and swings in gross margin reduce predictability of NOI and FFO. Persistent volatility complicates forecasting of distributable cash and could pressure dividend coverage or capital allocation choices during periods of operational noise.
Federal Realty News
FRT FAQ
What was Federal Realty Investment Trust’s price range in the past 12 months?
Federal Realty Investment Trust lowest stock price was $89.99 and its highest was $126.41 in the past 12 months.
What is Federal Realty Investment Trust’s market cap?
Federal Realty Investment Trust’s market cap is $10.87B.
When is Federal Realty Investment Trust’s upcoming earnings report date?
Federal Realty Investment Trust’s upcoming earnings report date is Jul 31, 2026 which is in 32 days.
How were Federal Realty Investment Trust’s earnings last quarter?
Federal Realty Investment Trust released its earnings results on May 01, 2026. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $0.694 by $1.116.
Is Federal Realty Investment Trust overvalued?
According to Wall Street analysts Federal Realty Investment Trust’s price is currently Undervalued.
Does Federal Realty Investment Trust pay dividends?
Federal Realty Investment Trust pays a Quarterly dividend of $1.13 which represents an annual dividend yield of 4.38%. See more information on Federal Realty Investment Trust dividends here
What is Federal Realty Investment Trust’s EPS estimate?
Federal Realty Investment Trust’s EPS estimate is 0.71.
How many shares outstanding does Federal Realty Investment Trust have?
Federal Realty Investment Trust has 86,389,200 shares outstanding.
What happened to Federal Realty Investment Trust’s price movement after its last earnings report?
Federal Realty Investment Trust reported an EPS of $1.81 in its last earnings report, beating expectations of $0.694. Following the earnings report the stock price went up 3.986%.
Which hedge fund is a major shareholder of Federal Realty Investment Trust?
Currently, no hedge funds are holding shares in FRT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Federal Realty Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$125.38 (11.42% Upside)
$125.38 (11.42% Upside)
Blogger Sentiment
Bullish
FRT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 79.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 4.1%
Last 30 Days ▲ 4.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.93%
12-Months-Change
Fundamentals
Return on Equity
15.55%
Trailing 12-Months
Asset Growth
5.51%
Trailing 12-Months
Company Description
Federal Realty Investment Trust
Federal Realty Investment Trust (FRT) stands out as a premier entity specializing in the acquisition, management, and redevelopment of high-quality retail properties. These assets are strategically situated primarily in prominent coastal metropolitan areas, spanning the Eastern Seaboard from Washington D.C. to Boston, and extending to key West Coast cities such as San Francisco and Los Angeles. Established in 1962, Federal Realty's core objective is to generate enduring, consistent growth by concentrating investments in communities where consumer demand for retail offerings significantly surpasses existing supply. The company is particularly skilled at developing vibrant, integrated urban districts, exemplified by projects like Santana Row in San Jose, California; Pike & Rose in North Bethesda, Maryland; and Assembly Row in Somerville, Massachusetts. These dynamic, mixed-use environments seamlessly blend shopping, dining, residential, and commercial spaces, fostering cherished destination experiences for their local populations. FRT's extensive portfolio encompasses 106 properties, accommodating roughly 3,100 businesses across 25 million square feet of commercial space, alongside approximately 3,200 residential units. Demonstrating exceptional financial stability, Federal Realty boasts an unparalleled track record in the REIT sector, having increased its quarterly shareholder dividends for 54 consecutive years. As an S&P 500 index constituent, its shares are publicly traded on the NYSE under the ticker FRT.
FRT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed broad operational strength: record/near-record leasing, robust rent growth (GAAP +4.7%, cash +5.1%), strong occupancy and office performance, accretive capital recycling and upgraded guidance. Headline FFO beat and guidance raise reflect momentum. Near-term headwinds include weather-related costs, some timing-driven one-offs, and a meaningful refinancing headwind (~175 bps) that tempers reported growth. Management emphasized durable demand in affluent trade areas, a deep pipeline of negotiated leases (~1.7M sq ft), continued asset recycling and balance-sheet improvements. On balance, the positives substantially outweigh the manageable challenges, supporting a constructive outlook for 2026 and into 2027–2028.View all FRT earnings summariesFRT Revenue Breakdown
97.38% Rental income
2.53% Other property income
0.09% Mortgage interest income
FRT Stock 12 Month Forecast
Average Price Target
$125.38
▲(11.42% Upside)
Technical Analysis
Ownership Overview
0.81% Insiders
23.07% Mutual Funds
16.02% Other Institutional Investors
23.84% Public Companies and Individual Investors