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Federal Realty Investment Trust Stock Research

FRT

95.16USD-2.03(-2.09%)Market Closed

Market Summary

USD95.16-2.03
Market Closed
-2.09%

FRT Alerts

FRT Stock Price

FRT RSI Chart

FRT Valuation

Market Cap

7.7B

Price/Earnings (Trailing)

20.08

Price/Sales (Trailing)

7.2

Price/Free Cashflow

14.98

FRT Price/Sales (Trailing)

FRT Profitability

Return on Equity

13.05%

Return on Assets

4.68%

Free Cashflow Yield

6.68%

FRT Fundamentals

FRT Revenue

Revenue (TTM)

1.1B

Revenue Y/Y

10.19%

Revenue Q/Q

2.42%

FRT Earnings

Earnings (TTM)

385.5M

Earnings Y/Y

0.66%

Earnings Q/Q

-25.9%

Price Action

52 Week Range

86.43125.26
(Low)(High)

Last 7 days

-6.4%

Last 30 days

-13.4%

Last 90 days

-7.0%

Trailing 12 Months

-14.8%

FRT Financial Health

FRT Investor Care

Dividend Yield

4.52%

Dividend/Share (TTM)

4.3

Shares Dilution (1Y)

3.49%

Diluted EPS (TTM)

4.71

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
51.7B
4.2B
-4.61% -14.88%
11.88
12.36
22.43% 122.66%
30.0B
4.7B
-6.82% -21.36%
79.47
6.4
5.96% -77.90%
22.3B
2.7B
-9.31% -29.65%
28.69
8.21
11.91% -41.71%
21.2B
2.6B
-23.98% -31.95%
40.62
8.18
22.46% -8.68%
13.2B
1.7B
-4.07% -13.87%
104.43
7.61
26.61% -85.07%
MID-CAP
7.7B
1.1B
-13.38% -14.77%
20.08
7.2
12.95% 47.42%
4.3B
802.0M
-9.03% -5.22%
-341.02
5.37
114.83% 84.36%
2.9B
1.8B
-31.59% -62.57%
-8.47
1.63
13.26% -296.88%
2.1B
859.2M
-25.44% -29.31%
-31.63
2.43
1.38% -563.21%
SMALL-CAP
1.9B
421.4M
-3.41% 12.84%
22.56
4.55
3.35% 1705.32%
1.7B
826.7M
-30.54% -63.53%
-22.04
2.08
-2.04% -117.36%
1.0B
190.3M
-7.76% -1.93%
11.27
5.46
12.08% 1950.56%
983.2M
740.4M
-22.73% -54.50%
-27.01
1.33
1.87% -78.85%

Financials for Federal Realty Investment Trust

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.5%1,0741,0481,022990951
Operating Expenses1.4%712702682664646
  S&GA Expenses-1.7%53.0054.0053.0052.0050.00
Interest Expenses4.7%137131128127128
Net Income0.2%385385281265261
Net Income Margin-2.2%0.36*0.37*0.27*0.27*-
Free Cahsflow0.4%517515485459-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.2%8,2348,2177,8107,6687,622
    Cash Equivalents-41.5%86.00146177158162
Liabilities-0.5%5,0225,0494,7254,7404,745
Shareholder's Equity1.8%2,9542,9012,8762,7152,581
  Additional Paid-In Capital0.7%3,8223,7943,7583,5733,489
Shares Outstanding0.2%81.0081.0081.0079.0079.00
Minority Interest-1.2%80.0081.0081.0081.0083.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations0.4%517515485459471
  Share Based Compensation6.0%14.0013.0013.00--
Cashflow From Investing-17.6%-786-668-450-673-660
Cashflow From Financing52.9%190125-156-416-452

Risks for FRT

What is the probability of a big loss on FRT?

40.8%


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

25.8%


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.

Drawdowns

Returns for FRT

Cumulative Returns on FRT

2.4%


10-Year Cumulative Returns

-3.3%


7-Year Cumulative Returns

-0.4%


5-Year Cumulative Returns

0.7%


3-Year Cumulative Returns

What are the long-term rolling returns for FRT?

FIve years rolling returns for Federal Realty Investment Trust.

Annualized Returns

Which funds bought or sold FRT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
6.98
3,686,280
22,168,300
0.02%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-2.95
134,000
1,656,000
0.01%
2023-02-28
Voya Investment Management LLC
added
2.67
357,056
2,716,060
-%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-36.36
-1,756
4,244
-%
2023-02-24
NATIXIS
reduced
-87.4
-17,071,600
2,807,400
0.02%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
69,000
636,000
0.01%
2023-02-22
CVA Family Office, LLC
reduced
-15.00
-823
17,177
-%
2023-02-21
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC
reduced
-15.31
-12,618
231,382
0.01%
2023-02-21
MACQUARIE GROUP LTD
reduced
-3.89
1,429,480
22,817,500
0.03%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
24.14
79,597
281,597
-%

1–10 of 48

Latest Funds Activity

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

Federal Realty Investment Trust News

MarketBeat

Robeco Institutional Asset Management B.V. Grows Stock Position ....

MarketBeat,
100 minutes ago

Nasdaq

Zacks Investment Research

Schedule 13G FIlings of Federal Realty Investment Trust

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
state street corp
9.60%
7,465,999
SC 13G/A
Feb 11, 2022
capital research global investors
5.2%
4,039,858
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

FRT Fair Value

Federal Realty Investment Trust fair value in different scenarios

The table shows the Fair Value estimates for Federal Realty Investment Trust for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

48.96

-48.55%

60.29

-36.64%

86.99

-8.59%

110.35

15.96%

130.09

36.71%
Current Inflation

45.81

-51.86%

55.63

-41.54%

78.10

-17.93%

97.66

2.63%

114.12

19.92%
Very High Inflation

41.89

-55.98%

49.92

-47.54%

67.61

-28.95%

82.92

-12.86%

95.73

0.60%

Historical Federal Realty Investment Trust Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Federal Realty Investment Trust

View All Filings
Date Filed Form Type Document
Feb 24, 2023
PRE 14A
PRE 14A
Feb 14, 2023
4
Insider Trading
Feb 14, 2023
4
Insider Trading
Feb 14, 2023
4
Insider Trading
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
4
Insider Trading
Feb 09, 2023
4
Insider Trading
Feb 09, 2023
4
Insider Trading
Feb 09, 2023
4
Insider Trading

Latest Insider Trading transactions for FRT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-14
WOOD DONALD C
sold
-212,196
112
-1,891
chief executive officer
2023-02-13
WOOD DONALD C
sold
-1,112,350
111
-10,000
chief executive officer
2023-02-13
Guglielmone Daniel
sold
-276,732
110
-2,500
evp-cfo and treasurer
2023-02-12
BERKES JEFFREY S
sold (taxes)
-739,108
109
-6,721
president and coo
2023-02-12
WOOD DONALD C
sold (taxes)
-2,503,360
109
-22,764
chief executive officer
2023-02-12
Guglielmone Daniel
sold (taxes)
-387,314
109
-3,522
evp-cfo and treasurer
2023-02-07
BERKES JEFFREY S
acquired
-
-
11,210
president and coo
2023-02-07
Guglielmone Daniel
acquired
-
-
8,995
evp-cfo and treasurer
2023-02-07
WOOD DONALD C
acquired
-
-
59,082
chief executive officer
2023-02-07
BECKER DAWN M
acquired
-
-
10,954
evp-general counsel &secretary

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