Last 7 days
-6.0%
Last 30 days
-5.3%
Last 90 days
3.1%
Trailing 12 Months
2.7%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-15 | Guglielmone Daniel | sold (taxes) | -42,876 | 99.25 | -432 | evp-cfo and treasurer |
2023-08-03 | Guglielmone Daniel | sold (taxes) | -84,875 | 102 | -827 | evp-cfo and treasurer |
2023-06-09 | WOOD DONALD C | gifted | - | - | -16,929 | chief executive officer |
2023-06-09 | WOOD DONALD C | gifted | - | - | 16,929 | chief executive officer |
2023-06-09 | WOOD DONALD C | gifted | - | - | -27,714 | chief executive officer |
2023-06-09 | WOOD DONALD C | gifted | - | - | 27,714 | chief executive officer |
2023-02-14 | WOOD DONALD C | sold | -212,196 | 112 | -1,891 | chief executive officer |
2023-02-13 | Guglielmone Daniel | sold | -276,732 | 110 | -2,500 | evp-cfo and treasurer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | new | - | 1,935 | 1,935 | -% |
2023-09-20 | BARCLAYS PLC | added | 252 | 12,078,000 | 17,007,000 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -1.54 | -1,384 | 37,160 | 0.01% |
2023-08-25 | STRATEGY ASSET MANAGERS LLC | added | 11.7 | 24,409 | 284,552 | 0.06% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 22.88 | 84,838 | 439,838 | -% |
2023-08-22 | Asset Dedication, LLC | unchanged | - | -1,000 | 8,000 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -3.99 | -341,433 | 5,361,060 | 0.05% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | -13,000 | 609,000 | 0.01% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.35 | -408,132 | 8,907,480 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 26.57 | 944,457 | 4,886,010 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | norges bank | 8.88% | 7,212,626 | SC 13G/A | |
Feb 13, 2023 | capital research global investors | 7.3% | 5,956,420 | SC 13G/A | |
Feb 09, 2023 | state street corp | 12.56% | 10,198,880 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 15.77% | 12,802,837 | SC 13G/A | |
Jan 24, 2023 | blackrock inc. | 9.4% | 7,606,970 | SC 13G | |
Jan 20, 2023 | jpmorgan chase & co | 5.3% | 4,377,501 | SC 13G/A | |
Feb 11, 2022 | capital research global investors | 5.2% | 4,039,858 | SC 13G/A | |
Feb 11, 2022 | state street corp | 9.60% | 7,465,999 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 15.30% | 11,900,087 | SC 13G/A | |
Feb 08, 2022 | norges bank | 9.27% | 7,212,626 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 17, 2023 | 4 | Insider Trading | |
Aug 07, 2023 | 4 | Insider Trading | |
Aug 02, 2023 | 8-K | Current Report | |
Aug 02, 2023 | 10-Q | Quarterly Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 48.1B | 4.4B | -0.64% | -17.74% | 11.24 | 10.95 | 14.80% | 87.79% |
DLR | 36.9B | 5.1B | -2.01% | 17.36% | 86.19 | 7.19 | 13.73% | -68.04% |
EQR | 22.8B | 2.0B | -6.30% | -11.85% | 27.35 | 11.3 | -22.97% | -33.54% |
ARE | 20.0B | 2.7B | -13.66% | -28.12% | 26.64 | 7.46 | 15.16% | 88.51% |
KIM | 11.0B | 1.8B | -6.40% | -7.72% | 27.11 | 6.23 | 6.75% | -42.80% |
MID-CAP | ||||||||
FRT | 7.6B | 1.1B | -5.28% | 2.70% | 19.53 | 6.84 | 8.31% | 38.10% |
KRG | 4.7B | 820.5M | -1.92% | 22.31% | 167.75 | 5.74 | 29.95% | 125.56% |
VNO | 4.3B | 1.8B | 1.49% | -8.17% | -11.49 | 2.34 | 5.60% | -286.96% |
MAC | 2.4B | 866.2M | 1.07% | 40.86% | -27.99 | 2.82 | 0.51% | -335.26% |
SMALL-CAP | ||||||||
SLG | 2.4B | 882.0M | 5.01% | -4.95% | -5.46 | 2.74 | 11.76% | -239.94% |
SKT | 2.4B | 426.3M | -1.96% | 60.49% | 25.05 | 5.56 | 1.38% | 137.97% |
PGRE | 1.0B | 732.3M | -3.86% | -29.19% | -12.06 | 1.4 | -0.03% | -4012.90% |
AIV | 1.0B | 339.3M | -11.18% | -12.50% | -5.75 | 2.99 | 88.48% | -168.70% |
2.1%
-4.4%
-3.2%
10.9%
51.1%
25.8%
19.2%
Y-axis is the maximum loss one would have experienced if Federal Realty Investment Trust was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.5% | 1,107 | 1,091 | 1,074 | 1,048 | 1,022 | 990 | 951 | 917 | 877 | 822 | 835 | 855 | 881 | 935 | 936 | 932 | 928 | 922 | 915 | 904 | 892 |
Operating Expenses | 1.2% | 728 | 720 | 712 | 702 | 682 | 664 | 646 | 621 | 607 | 594 | 587 | 582 | 588 | 586 | 581 | 584 | 570 | 568 | 566 | 554 | 549 |
S&GA Expenses | -3.2% | 51.00 | 53.00 | 53.00 | 54.00 | 53.00 | 52.00 | 50.00 | 48.00 | 45.00 | 42.00 | 42.00 | 40.00 | 42.00 | 43.00 | 43.00 | 42.00 | 38.00 | 35.00 | 34.00 | 34.00 | 36.00 |
Interest Expenses | 7.5% | 155 | 145 | 137 | 131 | 128 | 127 | 128 | 133 | 137 | 140 | 136 | 126 | 117 | 110 | 110 | 111 | 112 | 112 | 110 | 108 | 106 |
Net Income | -0.3% | 388 | 389 | 385 | 385 | 281 | 265 | 261 | 241 | 161 | 125 | 132 | 184 | 278 | 348 | 354 | 261 | 258 | 241 | 242 | 238 | 282 |
Net Income Margin | -100.0% | - | 0.36* | 0.36* | 0.37* | 0.27* | 0.27* | 0.27* | 0.26* | 0.18* | 0.15* | 0.16* | 0.22* | 0.32* | 0.37* | 0.38* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 557 | 517 | 515 | 485 | 459 | 471 | 468 | 436 | 366 | 370 | 386 | 401 | 476 | 462 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.1% | 8,279 | 8,269 | 8,234 | 8,217 | 7,810 | 7,668 | 7,622 | 7,634 | 7,679 | 7,670 | 7,608 | 7,711 | 7,790 | 7,760 | 6,795 | 6,608 | 6,384 | 6,351 | 6,290 | 6,286 | 6,303 |
Cash Equivalents | -1.4% | 98.00 | 99.00 | 86.00 | 146 | 195 | 178 | 175 | 188 | 317 | 808 | 817 | 888 | 1,001 | 1,019 | 154 | 207 | 140 | 82.00 | 108 | 95.00 | 109 |
Liabilities | 0.7% | 5,120 | 5,087 | 5,022 | 5,049 | 4,725 | 4,740 | 4,745 | 4,875 | 4,890 | 4,926 | 4,921 | 5,133 | 5,099 | 5,001 | 4,019 | 3,912 | 3,738 | 3,715 | 3,686 | 3,711 | 3,774 |
Shareholder's Equity | -3.4% | 2,901 | 3,004 | 2,954 | 2,901 | 2,876 | 2,715 | 2,663 | 2,546 | 2,576 | 2,605 | 2,549 | 2,418 | 2,531 | 2,600 | 2,636 | 2,573 | 2,511 | 2,502 | 2,467 | 2,433 | 2,388 |
Additional Paid-In Capital | 0.1% | 3,833 | 3,829 | 3,822 | 3,794 | 3,758 | 3,573 | 3,489 | 3,399 | 3,395 | 3,387 | 3,297 | 3,174 | 3,170 | 3,167 | 3,167 | 3,167 | 3,089 | 3,072 | 3,004 | 2,947 | 2,885 |
Shares Outstanding | 0.0% | 82.00 | 82.00 | 81.00 | 81.00 | 79.00 | 78.00 | 79.00 | 77.00 | 77.00 | 77.00 | 77.00 | 75.00 | 75.00 | 75.00 | 76.00 | 75.00 | 75.00 | 75.00 | 74.00 | 73.00 | 73.00 |
Minority Interest | 0.9% | 80.00 | 79.00 | 80.00 | 81.00 | 81.00 | 81.00 | 83.00 | 85.00 | 86.00 | 84.00 | 85.00 | 90.00 | 97.00 | 98.00 | 101 | 103 | 103 | 113 | 121 | 122 | 123 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -1.5% | 549 | 557 | 517 | 515 | 485 | 459 | 471 | 468 | 436 | 366 | 370 | 386 | 401 | 476 | 462 | 496 | 496 | 497 | 517 | 484 | 483 |
Share Based Compensation | 1.1% | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 | 13.00 | 12.00 | - | - | 12.00 | - | - | - | - | - | - | - | - | - | - |
Cashflow From Investing | 13.6% | -690 | -798 | -786 | -668 | -450 | -673 | -660 | -656 | -621 | -291 | -368 | -462 | -460 | -364 | -316 | -307 | -226 | -250 | -192 | -240 | -529 |
Cashflow From Financing | -70.9% | 50.00 | 171 | 190 | 125 | -156 | -416 | -452 | -511 | -498 | -285 | 662 | 758 | 920 | 826 | -100 | -76.42 | -237 | -238 | -241 | -182 | 48.00 |
Consolidated Statements Of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
REVENUE | ||||
Rental income | $ 280,388 | $ 263,830 | $ 553,186 | $ 520,337 |
Mortgage interest income | 291 | 269 | 552 | 533 |
Total revenue | 280,679 | 264,099 | 553,738 | 520,870 |
EXPENSES | ||||
Rental expenses | 55,610 | 51,169 | 110,815 | 107,380 |
Real estate taxes | 32,381 | 31,265 | 64,947 | 61,825 |
General and administrative | 11,913 | 13,604 | 24,458 | 25,946 |
Depreciation and amortization | 78,974 | 74,461 | 157,611 | 146,135 |
Total operating expenses | 178,878 | 170,499 | 357,831 | 341,286 |
Gain on sale of real estate | 0 | 0 | 1,702 | 0 |
OPERATING INCOME | 101,801 | 93,600 | 197,609 | 179,584 |
OTHER INCOME/(EXPENSE) | ||||
Other interest income | 2,422 | 133 | 3,054 | 253 |
Interest expense | (42,884) | (32,074) | (82,109) | (63,647) |
Income from partnerships | 1,665 | 2,808 | 2,181 | 3,005 |
NET INCOME | 63,004 | 64,467 | 120,735 | 119,195 |
Net income attributable to noncontrolling interests | (2,505) | (2,791) | (4,901) | (5,535) |
NET INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP | 60,499 | 61,676 | 115,834 | 113,660 |
Dividends on preferred shares | (2,008) | (2,008) | (4,016) | (4,018) |
NET INCOME AVAILABLE FOR COMMON SHAREHOLDERS | $ 58,491 | $ 59,668 | $ 111,818 | $ 109,642 |
EARNINGS PER COMMON SHARE, BASIC: | ||||
Net income available for common shareholders | $ 0.72 | $ 0.75 | $ 1.37 | $ 1.38 |
Weighted average number of common shares | 81,214 | 79,202 | 81,178 | 78,826 |
EARNINGS PER COMMON SHARE, DILUTED: | ||||
Net income available for common shareholders | $ 0.72 | $ 0.75 | $ 1.37 | $ 1.38 |
Weighted average number of common shares | 81,214 | 79,202 | 81,178 | 78,855 |
COMPREHENSIVE INCOME | ||||
COMPREHENSIVE INCOME | $ 64,066 | $ 66,689 | $ 120,461 | $ 125,333 |
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP | 61,449 | 63,701 | 115,573 | 119,257 |
Federal Realty OP LP | ||||
REVENUE | ||||
Rental income | 280,388 | 263,830 | 553,186 | 520,337 |
Mortgage interest income | 291 | 269 | 552 | 533 |
Total revenue | 280,679 | 264,099 | 553,738 | 520,870 |
EXPENSES | ||||
Rental expenses | 55,610 | 51,169 | 110,815 | 107,380 |
Real estate taxes | 32,381 | 31,265 | 64,947 | 61,825 |
General and administrative | 11,913 | 13,604 | 24,458 | 25,946 |
Depreciation and amortization | 78,974 | 74,461 | 157,611 | 146,135 |
Total operating expenses | 178,878 | 170,499 | 357,831 | 341,286 |
Gain on sale of real estate | 0 | 0 | 1,702 | 0 |
OPERATING INCOME | 101,801 | 93,600 | 197,609 | 179,584 |
OTHER INCOME/(EXPENSE) | ||||
Other interest income | 2,422 | 133 | 3,054 | 253 |
Interest expense | (42,884) | (32,074) | (82,109) | (63,647) |
Income from partnerships | 1,665 | 2,808 | 2,181 | 3,005 |
NET INCOME | 63,004 | 64,467 | 120,735 | 119,195 |
Net income attributable to noncontrolling interests | (2,505) | (2,791) | (4,901) | (5,535) |
NET INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP | 60,499 | 61,676 | 115,834 | 113,660 |
Distributions declared to preferred unit holders | (2,008) | (2,008) | (4,016) | (4,018) |
NET INCOME AVAILABLE FOR COMMON UNIT HOLDERS | $ 58,491 | $ 59,668 | $ 111,818 | $ 109,642 |
EARNINGS PER COMMON UNIT, BASIC: | ||||
Net income available for common unit holders | $ 0.72 | $ 0.75 | $ 1.37 | $ 1.38 |
Weighted average common units outstanding | 81,214 | 79,202 | 81,178 | 78,826 |
EARNINGS PER COMMON UNIT, DILUTED: | ||||
Net income available for common unit holders | $ 0.72 | $ 0.75 | $ 1.37 | $ 1.38 |
Weighted average common units outstanding | 81,214 | 79,202 | 81,178 | 78,855 |
COMPREHENSIVE INCOME | ||||
COMPREHENSIVE INCOME | $ 64,066 | $ 66,689 | $ 120,461 | $ 125,333 |
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP | $ 61,449 | $ 63,701 | $ 115,573 | $ 119,257 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Operating (including $2,008,167 and $1,997,583 of consolidated variable interest entities, respectively) | $ 9,732,833 | $ 9,441,945 |
Construction-in-progress (including $11,441 and $8,477 of consolidated variable interest entities, respectively) | 667,554 | 662,554 |
Real estate, at cost, total | 10,400,387 | 10,104,499 |
Less accumulated depreciation and amortization (including $388,881 and $362,921 of consolidated variable interest entities, respectively) | (2,839,550) | (2,715,817) |
Net real estate | 7,560,837 | 7,388,682 |
Cash and cash equivalents | 98,064 | 85,558 |
Accounts and notes receivable, net | 195,689 | 197,648 |
Mortgage notes receivable, net | 9,222 | 9,456 |
Investment in partnerships | 34,942 | 145,205 |
Operating lease right of use assets, net | 88,215 | 94,569 |
Finance lease right of use assets, net | 44,891 | 45,467 |
Prepaid expenses and other assets | 247,016 | 267,406 |
TOTAL ASSETS | 8,278,876 | 8,233,991 |
Liabilities | ||
Mortgages payable, net (including $190,562 and $191,827 of consolidated variable interest entities, respectively) | 319,208 | 320,615 |
Notes payable, net | 633,095 | 601,077 |
Senior notes and debentures, net | 3,479,333 | 3,407,701 |
Accounts payable and accrued expenses | 187,027 | 190,340 |
Dividends payable | 90,441 | 90,263 |
Security deposits payable | 29,292 | 28,508 |
Operating lease liabilities | 76,928 | 77,743 |
Finance lease liabilities | 67,655 | 67,660 |
Other liabilities and deferred credits | 237,317 | 237,699 |
Total liabilities | 5,120,296 | 5,021,606 |
Commitments and contingencies (Note 6) | ||
Redeemable noncontrolling interests | 178,149 | 178,370 |
Shareholders’ equity | ||
Common shares of beneficial interest, $.01 par, 200,000,000 and 100,000,000 shares authorized, respectively, 81,515,511 and 81,342,959 shares issued and outstanding, respectively | 820 | 818 |
Additional paid-in capital | 3,832,983 | 3,821,801 |
Accumulated dividends in excess of net income | (1,098,432) | (1,034,186) |
Accumulated other comprehensive income | 5,496 | 5,757 |
Total shareholders’ equity of the Trust | 2,900,689 | 2,954,012 |
Noncontrolling interests | 79,742 | 80,003 |
Total shareholders’ equity | 2,980,431 | 3,034,015 |
Partner capital | ||
Accumulated other comprehensive income | 5,496 | 5,757 |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL | 8,278,876 | 8,233,991 |
Federal Realty OP LP | ||
ASSETS | ||
Operating (including $2,008,167 and $1,997,583 of consolidated variable interest entities, respectively) | 9,732,833 | 9,441,945 |
Construction-in-progress (including $11,441 and $8,477 of consolidated variable interest entities, respectively) | 667,554 | 662,554 |
Real estate, at cost, total | 10,400,387 | 10,104,499 |
Less accumulated depreciation and amortization (including $388,881 and $362,921 of consolidated variable interest entities, respectively) | (2,839,550) | (2,715,817) |
Net real estate | 7,560,837 | 7,388,682 |
Cash and cash equivalents | 98,064 | 85,558 |
Accounts and notes receivable, net | 195,689 | 197,648 |
Mortgage notes receivable, net | 9,222 | 9,456 |
Investment in partnerships | 34,942 | 145,205 |
Operating lease right of use assets, net | 88,215 | 94,569 |
Finance lease right of use assets, net | 44,891 | 45,467 |
Prepaid expenses and other assets | 247,016 | 267,406 |
TOTAL ASSETS | 8,278,876 | 8,233,991 |
Liabilities | ||
Mortgages payable, net (including $190,562 and $191,827 of consolidated variable interest entities, respectively) | 319,208 | 320,615 |
Notes payable, net | 633,095 | 601,077 |
Senior notes and debentures, net | 3,479,333 | 3,407,701 |
Accounts payable and accrued expenses | 187,027 | 190,340 |
Dividends payable | 90,441 | 90,263 |
Security deposits payable | 29,292 | 28,508 |
Operating lease liabilities | 76,928 | 77,743 |
Finance lease liabilities | 67,655 | 67,660 |
Other liabilities and deferred credits | 237,317 | 237,699 |
Total liabilities | 5,120,296 | 5,021,606 |
Commitments and contingencies (Note 6) | ||
Redeemable noncontrolling interests | 178,149 | 178,370 |
Shareholders’ equity | ||
Accumulated other comprehensive income | 5,496 | 5,757 |
Partner capital | ||
Preferred units, 398,878 units issued and outstanding | 154,788 | 154,788 |
Common units, 81,515,511 and 81,342,959 units issued and outstanding, respectively | 2,740,405 | 2,793,467 |
Accumulated other comprehensive income | 5,496 | 5,757 |
Total partner capital | 2,900,689 | 2,954,012 |
Noncontrolling interests in consolidated partnerships | 79,742 | 80,003 |
Total capital | 2,980,431 | 3,034,015 |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL | 8,278,876 | 8,233,991 |
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: | 150,000 | 150,000 |
5.417% Series 1 Cumulative Convertible Preferred Shares, (stated at liquidation preference $25 per share), 392,878 shares issued and outstanding | ||
Shareholders’ equity | ||
Preferred shares, authorized 15,000,000 shares, $.01 par: | $ 9,822 | $ 9,822 |