Federal Realty Investment Trust
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Donald C. Wood
- Full Time Employees
- 320
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 909 Rose Avenue North Bethesda MD United States 20852-4041
- IPO Date
- Dec 17, 1984
- CIK
- 0000034903
- Website
- federalrealty.com
- Similar Companies
- Business
- Federal Realty Investment Trust (NYSE: FRT), founded in 1962 and headquartered in North Bethesda, Maryland, owns, operates, and redevelops high-quality retail-based properties and large-scale mixed-use neighborhoods primarily in major coastal U.S. markets including the Washington, D.C., Boston, New York, San Francisco, and Los Angeles metropolitan areas, as well as select underserved regions with strong demographics; its portfolio comprises approximately 102 to 105 properties totaling 27 million to 27.4 million square feet of retail space, 3,000 to 3,100 multifamily residential units, and additional office and hospitality components across 11 states and Washington, D.C., with a valuation exceeding $7 billion. The company offers grocery-anchored neighborhood and community shopping centers, superregional centers, power centers, street retail collections, and prominent mixed-use destinations such as Santana Row in San Jose, California; Pike & Rose in North Bethesda, Maryland; Assembly Row near Boston, Massachusetts; Bethesda Row in Bethesda, Maryland; and CocoWalk in Miami, Florida; leasing to a diverse tenant base of national and regional retailers, restaurants, entertainment venues, service providers including healthcare, financial, and professional services representing 25% of tenants, and digitally native brands, supported by comprehensive property management services encompassing 24/7 maintenance, customized tenant improvement programs averaging $35 per square foot, digital communication platforms, quarterly satisfaction surveys, and proactive capital improvements budgeted at $42 million annually. Federal Realty generates revenue primarily through rental income from these assets, maintains high occupancy rates around 93.5% to 95%, and delivers long-term sustainable growth as one of the oldest U.S. REITs with the longest record of consecutive dividend increases; it targets affluent, densely populated areas with high barriers to entry, superior population density and median household incomes relative to peers, and emphasizes placemaking to create vibrant, walkable communities blending retail, residential, office, and experiential elements. Recent developments include the 2024 acquisitions of Virginia Gateway, Pinole Vista Crossing for $60 million, and two California properties subsequently sold for $143 million; the Q1 2025 acquisition pipeline exceeding $250 million with $150 million under contract and authorization of a $300 million share buyback program; the July 2025 completion of the $187 million Annapolis Town Center acquisition, a 480,000-square-foot open-air center in Maryland; Q2 2025 purchases of two dominant Leawood, Kansas retail centers totaling 550,000 square feet for $289 million; commencement of construction on Lot 12 at Santana Row, a 258-unit residential project with $145 million projected investment; and a pioneering agreement with Mercedes-Benz High-Power Charging to deploy over 500 ultra-fast EV stalls across at least 50 properties, alongside ongoing development phases at Pike & Rose Phase IV and Santana West, enhanced leasing momentum, raised 2024 FFO guidance to $6.81 midpoint, and sustained liquidity over $1.4 billion to $1.6 billion with improved net debt to EBITDA at 5.5x.
Company News
2 REITs To Sell And 2 Better REITs To Buy
Federal Realty Investment Trust Impresses In Q3 Results While Also Growing Portfolio
REITs: The Cure For High Rates Is High Rates
Federal Realty: 3 Key Takeaways for Long-Term Investors
Federal Realty Investment Trust (FRT) Q3 2026 Earnings Call Transcript
What Federal Realty Investment Trust (FRT) Said on Its Q3 Earnings Call
Federal Realty's Q3 FFO Beat Estimates on Rental Growth & Strong Leasing
Federal Realty Investment Trust (FRT) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Federal Realty Investment Trust (FRT) Q3 FFO and Revenues Surpass Estimates
Federal Realty Investment Trust Reports Strong Third Quarter 2026 Results and Guidance Raise
Brixmor Just Raised Its Dividend 7.3%. These 4 Retail REITs Offer Income Potential
Federal Realty Q3 Earnings Coming Up: Smart Buy or Risky Move?
Is the Options Market Predicting a Spike in Federal Realty Investment Stock?
Buy 8 Barron's Big Better Bets (Than T-Bills) Out Of 14 'Safer' October DiviDogs
One Popular Dividend Machine To Buy On The Dip And One To Avoid
Federal Realty: The Only REIT Dividend King Trades At A Discount
October's Income Picks: 2 Stocks Yielding Over 4% That Have Raised Payouts for 25 Years
Federal Realty Acquires The Summit, Alabama's Premier Retail Destination
Federal Realty Investment Trust Announces Third Quarter 2026 Earnings Release Date and Conference Call Information
Buy 5 Barron's Better Bets (Than T-Bills) Out Of 11 'Safer' September DiviDogs