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Federal Realty Earnings: New Tenants Continue to Drive High Re-Leasing Spreads and Revenue Growth
Federal Realty reported core funds from operations of $1.88 per share and same-store net operating income growth of 4.7% for the first quarter.
Federal Realty Investment Trust FRT
Bulls Say, Bears Say
Bulls
Federal Realty reports peer-leading population density and annual household income in proximity to its centers, providing a strong demographic base for its tenants.
Bears
Federal’s development pipeline is focused on a few large mixed-use projects, which exposes the company to risk from any of these particular projects failing and also increases exposure to real estate segments beyond its traditional retail focus.
News
-
Federal Realty to Webcast 2026 Investor Day Presentation
-
Federal Realty Investment Trust Reports First Quarter 2026 Results
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Federal Realty Investment Trust Announces First Quarter 2026 Earnings Release Date and Conference Call Information
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Federal Realty Acquires Congressional North Shopping Center in Montgomery County, Maryland
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Trading Information
- Previous Close Price
- $124.44
- Day Range
- $123.45–125.58
- 52-Week Range
- $89.99–125.58
- Bid/Ask
- $88.00 / $0.00
- Shares Outstanding
- 86.39M
- Market Cap
- $10.68B
- Volume/Avg
- 1M / 902,507
Key Statistics
- Price/Earnings (Normalized)
- 43.31
- Price/Sales
- 8.23
- Dividend Yield (Trailing)
- 3.61%
- Dividend Yield (Forward)
- 3.63%
- Total Yield
- 3.66%
Company Profile
Federal Realty Investment Trust is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 104 properties, which includes 28.8 million square feet of retail space and 2,700 multifamily units. Federal's retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers. Federal Realty has focused on owning assets in highly desirable areas with significant growth, and as a result, the average population density and average median household income are higher for its portfolio than for any other retail REIT.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Stock Style Box
- Small Core
- Total Number of Employees
- 320
- Website
- https://www.federalrealty.com
Competitors
Valuation
|
Metric
|
FRT
|
KIM
|
O
|
|---|---|---|---|
Price/Earnings (Normalized) | 43.31 | 33.39 | 39.66 |
Price/Book Value | 3.41 | 1.64 | 1.46 |
Price/Sales | 8.23 | 7.86 | 9.57 |
Price/Cash Flow | 17.15 | 14.74 | 14.05 |
Price/Earnings
FRT
KIM
O
Financial Strength
|
Metric
|
FRT
|
KIM
|
O
|
|---|---|---|---|
Quick Ratio | 1.03 | 3.77 | 1.55 |
Current Ratio | 1.03 | 3.78 | 1.66 |
Interest Coverage | 3.71 | 2.55 | 2.06 |
Quick Ratio
FRT
KIM
O
Profitability
|
Metric
|
FRT
|
KIM
|
O
|
|---|---|---|---|
Return on Assets (Normalized) | 6.04% | 3.45% | 2.73% |
Return on Equity (Normalized) | 17.38% | 6.51% | 5.02% |
Return on Invested Capital (Normalized) | 8.25% | 5.36% | 4.32% |
Return on Assets
FRT
KIM
O
REIT - Retail Industry Comparables
|
1-Day Chart
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United States