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FRT

109.44USD+0.42(+0.39%)Market Closed

Federal Realty Investment Trust

Market Summary

USD109.44+0.42Market Closed
0.39%

FRT Stock Price

RSI Chart

Valuation

Market Cap

7.3B

Price/Earnings

26.1

Price/Sales

7.17

Price/Cashflow

15.12

Price/Sales

Profitability

Return on Equity

10.04%

Return on Assets

3.59%

Fundamentals

Revenue

Revenue (TTM)

1.0B

Revenue Y/Y

14.02%

Revenue Q/Q

2.85%

Earnings

Earnings (TTM)

280.7M

Earnings Y/Y

33.49%

Earnings Q/Q

18.64%

Price Action

52 Week Range

136.10
(Low)(High)

Last 7 days

-0.7%

Last 30 days

10.4%

Last 90 days

9.8%

Trailing 12 Months

-10.6%

Financial Health

Investor Care

Dividend Yield

4.73%

Dividend/Share (TTM)

4.28

Shares Dilution (1Y)

4.04%

Diluted EPS (TTM)

3.47

Peers (Alternatives to Federal Realty Investment Trust)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
4.0B
4.52% -6.45%
24.01
14.3
23.61% 170.44%
36.1B
5.2B
6.93% -18.34%
14.04
7.05
10.93% 41.97%
29.1B
4.6B
17.64% -31.38%
21.77
6.46
4.35% 106.20%
23.9B
2.5B
7.68% -22.22%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
3.65% -22.62%
20.74
8.86
10.21% 8.14%
13.1B
1.7B
8.55% 0.13%
50.71
7.62
41.60% -73.28%
MID-CAP
7.3B
1.0B
10.36% -10.60%
26.1
7.17
16.50% 74.49%
4.6B
392.5M
9.12% -36.63%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
15.26% 15.23%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
6.39% -39.17%
8.02
3.21
-9.94% -109.68%
2.4B
860.3M
11.48% -28.89%
63.8
2.74
5.87% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
9.20% 0.38%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-3.48% -25.18%
538.82
1.96
2.16% 107.41%
1.2B
-
10.74% 8.70%
5
3.44
120.87% 1462.96%

Financials for Federal Realty Investment Trust

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue3.3%1,022990951917877
Operating Expenses2.7%682664646621607
  S&GA Expenses1.5%5352504845
Net Income5.8%281265261241161
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets1.9%7,8107,6687,6227,6347,679
    Cash Equivalents11.8%177158162178304
Liabilities-0.3%4,7254,7404,7454,8754,890
Shareholder's Equity6.2%2,7962,6342,5812,4612,490
  Additional Paid-In Capital5.2%3,7583,5733,4893,3993,395
Shares Outstanding1.9%8179797878
Minority Interest-0.3%8181838586
Float-9,100----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations5.5%485459471468436
Cashflow From Investing33.2%-450.20-673.47-660.12-656.65-621.16
Cashflow From Financing62.3%-156.84-416.10-452.97-511.42-498.90

Risks

What is the probability of a big loss on FRT?

35.8%


Probability that Federal Realty Investment Trust stock will be more than 20% underwater in next one year

23.9%


Probability that Federal Realty Investment Trust stock will be more than 30% underwater in next one year.

19.2%


Probability that Federal Realty Investment Trust stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FRT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Federal Realty Investment Trust was unfortunately bought at previous high price.

Returns

Cumulative Returns on FRT

3.9%


10-Year Cumulative Returns

-0.5%


7-Year Cumulative Returns

-0.1%


5-Year Cumulative Returns

-1.8%


3-Year Cumulative Returns

What are the long-term rolling returns for FRT?

FIve years rolling returns for Federal Realty Investment Trust.

Which funds bought or sold FRT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
-
-
330
1,000
-%
2022-11-22
CVA Family Office, LLC
REDUCED
-21.57
-6,000
18,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
567,000
567,000
0.01%
2022-11-21
FourThought Financial, LLC
-
-
-73,000
788,000
0.12%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-601,000
8,445,000
0.01%
2022-11-17
CENTRAL TRUST Co
NEW
-
12,000
12,000
-%
2022-11-17
M&T Bank Corp
ADDED
5.54
-6,000
832,000
-%
2022-11-16
Neo Ivy Capital Management
SOLD OFF
-100
-8,000
-
-%
2022-11-16
Retirement Systems of Alabama
REDUCED
-1.41
-483,000
6,224,000
0.03%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
NEW
-
303,000
303,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying FRT calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FRT

Federal Realty Investment Trust News

Yahoo Eurosport UK

With a spare £100, I’d buy these dividend shares to start building passive income today.46 hours ago

Seeking Alpha

FRT Fair Value

Recent SEC filings of Federal Realty Investment Trust

View All Filings
Date Filed Form Type Document
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Oct 11, 2022
8-K
Current Report
Oct 06, 2022
3
Insider Trading
Sep 26, 2022
8-K
Current Report

Latest Insider Trading transactions for FRT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-08-15
Guglielmone Daniel
SOLD (Taxes)
-48,293.3
111.79
-432
EVP-CFO and Treasurer
2022-08-03
Guglielmone Daniel
SOLD (Taxes)
-86,148.6
104.17
-827
EVP-CFO and Treasurer
2022-06-21
FAEDER DAVID W
BOUGHT
1,012,590
95.8435
10,565
-
2022-02-12
BERKES JEFFREY S
SOLD (Taxes)
-762,018
120.23
-6,338
President and COO
2022-02-12
WOOD DONALD C
SOLD (Taxes)
-2,406,880
120.23
-20,019
Chief Executive Officer
2022-02-12
Guglielmone Daniel
SOLD (Taxes)
-319,090
120.23
-2,654
EVP-CFO and Treasurer
2022-02-09
BERKES JEFFREY S
ACQUIRED
-
-
9,532
President and COO
2022-02-09
BECKER DAWN M
ACQUIRED
-
-
5,752
EVP-General Counsel &Secretary
2022-02-09
WOOD DONALD C
ACQUIRED
-
-
51,185
Chief Executive Officer
2022-02-09
Guglielmone Daniel
ACQUIRED
-
-
7,044
EVP-CFO and Treasurer

1–10 of 50

Donald C. Wood
320
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 106 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,200 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 54 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.

FRT Income Statement

2022-09-30
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUE    
Rental income$ 273,179$ 247,024$ 793,516$ 694,954
Mortgage interest income2722608052,116
Total revenue273,451247,284794,321697,070
EXPENSES    
Rental expenses58,80949,318166,189141,474
Real estate taxes32,80329,52994,62888,272
General and administrative13,10012,25339,04635,357
Depreciation and amortization77,10970,611223,244202,160
Total operating expenses181,821161,711523,107467,263
Gain on deconsolidation of VIE70,374070,3740
Gain on sale of real estate and change in control of interest29,723029,72317,428
OPERATING INCOME191,72785,573371,311247,235
OTHER INCOME/(EXPENSE)    
Other interest income23488487701
Interest expense(35,060)(32,249)(98,707)(95,511)
Income (loss) from partnerships1,8731,1294,878(86)
NET INCOME158,77454,541277,969152,339
Net income attributable to noncontrolling interests(2,636)(2,419)(8,171)(5,777)
NET INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP156,13852,122269,798146,562
Dividends on preferred shares(2,008)(2,010)(6,026)(6,031)
NET INCOME AVAILABLE FOR COMMON SHAREHOLDERS$ 154,130$ 50,112$ 263,772$ 140,531
EARNINGS PER COMMON SHARE, BASIC:    
Net income available for common shareholders$ 1.90$ 0.64$ 3.31$ 1.81
Weighted average number of common shares80,76577,48579,48077,269
EARNINGS PER COMMON SHARE, DILUTED:    
Net income available for common shareholders$ 1.89$ 0.64$ 3.31$ 1.81
Weighted average number of common shares81,51177,57580,13777,287
EARNINGS PER COMMON UNIT, DILUTED:    
COMPREHENSIVE INCOME$ 161,569$ 55,095$ 286,902$ 155,530
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP158,67252,634277,929149,480
Federal Realty OP LP    
REVENUE    
Rental income273,179247,024793,516694,954
Mortgage interest income2722608052,116
Total revenue273,451247,284794,321697,070
EXPENSES    
Rental expenses58,80949,318166,189141,474
Real estate taxes32,80329,52994,62888,272
General and administrative13,10012,25339,04635,357
Depreciation and amortization77,10970,611223,244202,160
Total operating expenses181,821161,711523,107467,263
Gain on deconsolidation of VIE70,374070,3740
Gain on sale of real estate and change in control of interest29,723029,72317,428
OPERATING INCOME191,72785,573371,311247,235
OTHER INCOME/(EXPENSE)    
Other interest income23488487701
Interest expense(35,060)(32,249)(98,707)(95,511)
Income (loss) from partnerships1,8731,1294,878(86)
NET INCOME158,77454,541277,969152,339
Net income attributable to noncontrolling interests(2,636)(2,419)(8,171)(5,777)
NET INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP156,13852,122269,798146,562
Distributions declared to preferred unit holders(2,008)(2,010)(6,026)(6,031)
NET INCOME AVAILABLE FOR COMMON UNIT HOLDERS$ 154,130$ 50,112$ 263,772$ 140,531
EARNINGS PER COMMON UNIT, BASIC:    
Net income available for common unit holders$ 1.90$ 0.64$ 3.31$ 1.81
Weighted average common units outstanding80,76577,48579,48077,269
EARNINGS PER COMMON UNIT, DILUTED:    
Net income available for common unit holders$ 1.89$ 0.64$ 3.31$ 1.81
Weighted average common units outstanding81,51177,57580,13777,287
COMPREHENSIVE INCOME$ 161,569$ 55,095$ 286,902$ 155,530
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP$ 158,672$ 52,634$ 277,929$ 149,480

FRT Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Operating (including $1,963,129 and $2,207,648 of consolidated variable interest entities, respectively)$ 9,323,359$ 8,814,791
Construction-in-progress (including $23,448 and $18,752 of consolidated variable interest entities, respectively)681,641607,271
Real estate, at cost, total10,005,0009,422,062
Less accumulated depreciation and amortization (including $349,553 and $389,950 of consolidated variable interest entities, respectively)(2,660,799)(2,531,095)
Net real estate7,344,2016,890,967
Cash and cash equivalents146,214162,132
Accounts and notes receivable, net187,149169,007
Mortgage notes receivable, net9,4759,543
Investment in partnerships122,82213,027
Operating lease right of use assets, net95,18790,743
Finance lease right of use assets, net45,75649,832
Prepaid expenses and other assets266,203237,069
TOTAL ASSETS8,217,0077,622,320
Liabilities  
Mortgages payable, net (including $192,442 and $335,301 of consolidated variable interest entities, respectively)321,299339,993
Notes payable, net568,302301,466
Senior notes and debentures, net3,407,2983,406,088
Accounts payable and accrued expenses245,610235,168
Dividends payable90,12186,538
Security deposits payable28,04225,331
Operating lease liabilities78,23472,661
Finance lease liabilities67,66272,032
Other liabilities and deferred credits242,800206,187
Total liabilities5,049,3684,745,464
Commitments and contingencies (Note 6)
Redeemable noncontrolling interests185,759213,708
Shareholders’ equity  
Common shares of beneficial interest, $.01 par, 100,000,000 shares authorized, 81,204,286 and 78,603,305 shares issued and outstanding, respectively817790
Additional paid-in capital3,794,2473,488,794
Accumulated dividends in excess of net income(1,060,027)(1,066,932)
Accumulated other comprehensive income (loss)6,084(2,047)
Total shareholders’ equity of the Trust2,900,9432,580,602
Noncontrolling interests80,93782,546
Total shareholders’ equity2,981,8802,663,148
Partner capital  
Accumulated other comprehensive income (loss)6,084(2,047)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL8,217,0077,622,320
Federal Realty OP LP  
ASSETS  
Operating (including $1,963,129 and $2,207,648 of consolidated variable interest entities, respectively)9,323,3598,814,791
Construction-in-progress (including $23,448 and $18,752 of consolidated variable interest entities, respectively)681,641607,271
Real estate, at cost, total10,005,0009,422,062
Less accumulated depreciation and amortization (including $349,553 and $389,950 of consolidated variable interest entities, respectively)(2,660,799)(2,531,095)
Net real estate7,344,2016,890,967
Cash and cash equivalents146,214162,132
Accounts and notes receivable, net187,149169,007
Mortgage notes receivable, net9,4759,543
Investment in partnerships122,82213,027
Operating lease right of use assets, net95,18790,743
Finance lease right of use assets, net45,75649,832
Prepaid expenses and other assets266,203237,069
TOTAL ASSETS8,217,0077,622,320
Liabilities  
Mortgages payable, net (including $192,442 and $335,301 of consolidated variable interest entities, respectively)321,299339,993
Notes payable, net568,302301,466
Senior notes and debentures, net3,407,2983,406,088
Accounts payable and accrued expenses245,610235,168
Dividends payable90,12186,538
Security deposits payable28,04225,331
Operating lease liabilities78,23472,661
Finance lease liabilities67,66272,032
Other liabilities and deferred credits242,800206,187
Total liabilities5,049,3684,745,464
Commitments and contingencies (Note 6)
Redeemable noncontrolling interests185,759213,708
Shareholders’ equity  
Accumulated other comprehensive income (loss)6,084(2,047)
Partner capital  
Preferred units, 398,878 and 405,896 units issued and outstanding, respectively154,788154,963
Common units, 81,204,286 and 78,603,305 units issued and outstanding, respectively2,740,0712,427,686
Accumulated other comprehensive income (loss)6,084(2,047)
Total partner capital2,900,9432,580,602
Noncontrolling interests in consolidated partnerships80,93782,546
Total capital2,981,8802,663,148
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL8,217,0077,622,320
5.0% Series C Cumulative Redeemable Preferred Shares, (stated at liquidation preference $25,000 per share), 6,000 shares issued and outstanding  
Shareholders’ equity  
Preferred shares, authorized 15,000,000 shares, $.01 par:150,000150,000
5.417% Series 1 Cumulative Convertible Preferred Shares, (stated at liquidation preference $25 per share), 392,878 and 399,896 shares issued and outstanding, respectively  
Shareholders’ equity  
Preferred shares, authorized 15,000,000 shares, $.01 par:$ 9,822$ 9,997