Federal Realty Investment Trust | REIT Profile

Symbol: FRT
CIK: 34903
Exchange: NYSE
Founded: 1962 (60 years)
HQ: Rockville, MD, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Retail

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See FRT on SEC.gov

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About Federal Realty Investment Trust

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, our mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Our 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 104 properties include over 2,800 tenants, in approximately 24 million square feet, and over 1,800 residential units.


Federal Realty Investment Trust Company Logo

Stock Chart

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Close Previous Close Volume Change $ Change % Market Cap PE Ratio 52W High 52W Low Ytd Change
$112.11 $114.24 $111.79 $112.22 $113.47 $113.47 57,871 -$1.36 -1.20% $8,903,801,537 N/A $136.60 $108.53 -16.99%

Last update: 2022-05-19 07:53:57 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 7.8

Hightlights of Trading Day May 18, 2022


Open Price: $117.9
Closing Price: $113.47
Price Change: -4.99 (-4.212%)
Lowest Price: $113.05
Highest Price: $117.9
52-Week Low: $108.53
52-Week High: $136.60
52-Week Change: -12.08%
5 Day Price Change: 8.10%
1 Month Price Change: -3.89%
3 Month Price Change: 0.99%
6 Month Price Change: -12.08%
YTD Price Change: -12.08%
1 Year Price Change: -12.08%
2 Year Price Change: -12.08%
5 Year Price Change: -12.08%

Dividend of Trading Day May 18, 2022


Dividend Yield: 3.772%*
Annualized Dividend: $4.28*
Dividend Yield (TTM): 0.903%
Annualized Dividend (TTM): $1.07
Ex-Dividend Date: 2022-03-15
Next Ex-Dividend: 2022-06-21
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for FRT.

Year Quarter Type Amount Dividend Paid Payout Ratio
2021 Q4 FFO $--- $--- ---%
2021 Q3 FFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day May 18, 2022


Total Cash: N/A
Current Debt: N/A
Revenue: N/A
Gross Profit: N/A
Total Revenue: N/A
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: N/A
Revenue Per Employee: N/A
Employee: 2,021
Debt to Equity Ratio (D/E): N/A
Profit Margin: N/A
Enterprise Value (EV): N/A
Enterprise Value to Revenue (EV/R): N/A
Price to Sales (P/S): N/A
Price to Book (P/B): N/A
Price/Earnings-to-Growth (PEG) Ratio: N/A
P/E Ratio: N/A
P/E High: 29.40
P/E Low: 23.64
Forward P/E Ratio: 56.34
Market Capitalization: $9,011,813,044
Beta: N/A
Latest Volume: 379,370
Avg. Total Volume: 568,912
Avg. 10-Day Volume: 579,976
Avg. 30-Day Volume: 568,912
TTM EPS: N/A
Shares Outstanding: 79,420,226
Float: N/A
50-Day Moving Avg.: $119.51
200-Day Moving Avg.: $120.75

Latest REIT Community Comments on #FRT


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Properties Owned by FRT


FRT Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $130.06 per share you would have been able to buy 7 shares of FRT on 2021-05-19 costing $910.42 @ $130.06 per share you would have been able to buy 3 shares of FRT on 2021-05-19 costing $390.18 @ $130.06 per share you would have been able to buy 1 shares of FRT on 2021-05-19 costing $130.06 @ $130.06 per share you would have been able to buy 0 shares of FRT on 2021-05-19 costing $0.00 @ $130.06 per share you would have been able to buy 0 shares of FRT on 2021-05-19 costing $0.00
Current worth On 2022-05-18 these 7 shares would be worth $794.29 @ $113.47 On 2022-05-18 these 3 shares would be worth $340.41 @ $113.47 On 2022-05-18 these 1 shares would be worth $113.47 @ $113.47 On 2022-05-18 these 0 shares would be worth $0.00 @ $113.47 On 2022-05-18 these 0 shares would be worth $0.00 @ $113.47
Dividends earned $29.89 in dividends would have been earned since 2021-05-19 with 7 shares. $13 in dividends would have been earned since 2021-05-19 with 3 shares. $4.27 in dividends would have been earned since 2021-05-19 with 1 shares. $0.00 in dividends would have been earned since 2021-05-19 with 0 shares. $0.00 in dividends would have been earned since 2021-05-19 with 3 shares.
Net (gain / loss)* -86.24 USD -36.96 USD -12.32 USD 0.00 USD 0.00 USD
ROI** -9.47% -9.47% -9.47% nan% nan%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by FRT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
FRT 2022-03-15 1.070 --- 2022-02-10 2022-03-16 2022-04-15
FRT 2021-12-31 1.070 --- 2021-11-04 2022-01-03 2022-01-18
FRT 2021-09-21 1.070 0.94% 2021-08-04 2021-09-22 2021-10-15
FRT 2021-06-21 1.060 --- 2021-05-05 2021-06-22 2021-07-15
FRT 2021-03-15 1.060 --- 2021-02-11 2021-03-16 2021-04-15
FRT 2020-12-31 1.060 --- 2020-11-05 2021-01-04 2021-01-15
FRT 2020-09-21 1.060 0.95% 2020-08-05 2020-09-22 2020-10-15
FRT 2020-06-19 1.050 --- 2020-05-06 2020-06-22 2020-07-15
FRT 2020-03-13 1.050 --- 2020-02-10 2020-03-16 2020-04-15
FRT 2019-12-31 1.050 --- 2019-10-30 2020-01-02 2020-01-15
FRT 2019-09-20 1.050 2.94% 2019-08-01 2019-09-23 2019-10-15
FRT 2019-06-20 1.020 --- 2019-05-02 2019-06-21 2019-07-15
FRT 2019-03-13 1.020 --- 2019-02-13 2019-03-14 2019-04-15
FRT 2018-12-31 1.020 --- 2018-10-31 2019-01-02 2019-01-15
FRT 2018-09-20 1.020 2.00% 2018-08-01 2018-09-21 2018-10-15
FRT 2018-06-21 1.000 --- 2018-05-02 2018-06-22 2018-07-16
FRT 2018-03-13 1.000 --- 2018-02-13 2018-03-14 2018-04-16
FRT 2017-12-29 1.000 --- 2017-11-01 2018-01-02 2018-01-16
FRT 2017-09-21 1.000 2.04% 2017-08-02 2017-09-22 2017-10-16
FRT 2017-06-20 0.980 --- 2017-05-03 2017-06-22 2017-07-17

Earnings Press Releases


Below are the Earnings Press Releases for FRT. To see the complete Earnings Report please visit the sec.gov.

Year Quarter Title
2021 Q4 Federal Realty Investment Trust Announces Operating Results for the Year and Quarter Ended December 31, 2021

Financial Statements Overview


Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 177,591,000 304,268,000 779,901,000 798,329,000
Receivables 159,840,000 153,293,000 161,249,000 159,780,000
Inventory 0 0 0 0
Current Assets 589,274,000 698,089,000 1,208,460,000 1,216,954,000
Current Assets (Other) 242,322,000 230,994,000 227,431,000 218,953,000
Short Term Investments 242,322,000 230,994,000 227,431,000 218,953,000
Long-term Investments 7,045,168,000 6,980,787,000 6,461,141,000 6,390,670,000
Property, Plant & Equipment Net 6,891,100,000 6,826,296,000 6,315,477,000 6,225,178,000
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 50,153,000 50,474,000 50,795,000 51,116,000
Net Tangible Assets 2,301,166,000 2,330,092,000 2,360,981,000 2,304,160,000
Total Assets 7,634,442,000 7,678,876,000 7,669,601,000 7,607,624,000
Accounts Payable 0 0 0 0
Liabilities (Other) 0 0 0 0
Current Liabilities (Other) 565,314,000 571,311,000 516,481,000 485,292,000
Total Current Liabilities 565,314,000 571,311,000 516,481,000 969,403,000
Current Long-term Debt 0 0 0 484,111,000
Long-term Debt 4,236,387,000 4,244,974,000 4,346,955,000 3,879,313,000
Total Liabilities 5,173,279,000 5,188,787,000 5,148,623,000 5,143,467,000
Minority Interest 297,969,000 298,373,000 222,164,000 222,310,000
Common Stock 77,485,000 77,474,000 76,842,000 75,902,000
Retained Earnings -1,095,741,000 -1,062,641,000 -1,024,417,000 -988,272,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 2,461,163,000 2,490,089,000 2,520,978,000 2,464,157,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 247,284,000 231,625,000 218,161,000 219,513,000
Cost of Revenue 0 0 0 0
Gross Profit 247,284,000 231,625,000 218,161,000 219,513,000
Research and Development 0 0 0 0
Selling General and Admin 12,253,000 12,846,000 10,258,000 12,307,000
Operating Expense 161,711,000 152,762,000 154,128,000 155,554,000
Operating Income 85,573,000 78,863,000 64,033,000 63,959,000
Income Expense Net (Other) 0 0 0 0
EBIT 86,702,000 78,986,000 64,033,000 63,959,000
Interest Income 32,161,000 30,927,000 31,722,000 37,004,000
Pretax Income 54,541,000 48,059,000 49,739,000 102,211,000
Income Tax 0 0 0 0
Minority Interest 2,419,000 1,855,000 1,503,000 7,486,000
Net Income 49,803,000 43,895,000 45,932,000 91,722,000
Net Income Basic 49,803,000 43,895,000 45,932,000 91,722,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income 49,803,000 43,895,000 45,932,000 91,722,000
Depreciation 70,611,000 67,675,000 63,874,000 255,027,000
Changes in Receivables 159,840,000 153,293,000 161,249,000 159,780,000
Changes in Inventories 0 0 0 0
Cash Change 177,591,000 304,268,000 779,901,000 798,329,000
Cash Flow 118,827,000 132,103,000 115,106,000 101,507,000
Capital Expenditures -113,899,000 -133,911,000 -83,716,000 -501,936,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -151,868,000 -435,133,000 -74,841,000 5,189,000
Dividends Paid 0 0 0 0
Net Borrowings 3,806,953,000 3,700,178,000 3,299,744,000 3,306,250,000
Cash Flow Financing -95,990,000 -285,914,000 48,719,000 -178,239,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
5 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.7
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.7
10 Dividend to FFO Payout Ratio Health: Analysis of the REIT’s Dividend to FFO Payout Ratios during the last four quarters. 8.7
9 Dividend to FFO Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Payout Ratios trend during the last two years. 7.4
Rating AFFO & Efficiency Section Avg. Rating
10 FFO Trend: Analysis of the REIT’s FFO trend during the last two years. 8.5
7 FFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 7.3
9 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 6.9
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 7.5
Rating Leverage Section Avg. Rating
9 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 6.3
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 6.5
9 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.7
7 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
4 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
6 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 7.1
Rating Asset & Revenue Section Avg. Rating
7 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 7.4
8 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.6
Rating Properties Section Avg. Rating
7 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.3
6 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 7.8
8 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
5 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 4.4
7.8 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this FRT. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
The Ranch by First Industrial Retail 6310 Hellman Ave Eastvale CA
First Logistics Center Retail 112 & 122 Bordnersville Road Jonestown PA
First 20/35 Logistics Center Retail 2810 Danieldale Road Lancaster TX

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
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Brandywine Realty Trust (BDN) 7.2 NYSE Small-Cap Office Residential United States
Pennymac Mortgage Investment Trust (PMT) 3.6 NYSE Small-Cap Mortgage United States

Last updated: 2022-05-19 - v3.3