Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida. As of December 31, 2016, the Company owned or had an interest in community and neighborhood shopping centers and mixed-use properties, which operated as 96 retail real estate projects and included approximately 22.6 million square feet. As of December 31, 2016, its 96 retail shopping center and mixed-use properties were located in 12 states and the District of Columbia. As of December 31, 2016, there were approximately 2,900 leases with tenants providing a range of retail products and services. These tenants range from sole proprietorships to national retailers, or corporate group of tenants.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial REITs - NEC
- Sub-Industry: Retail REITs
- Symbol: NYSE:FRT
- CUSIP: 31374720
- Web: www.federalrealty.com
Capitalization:- Market Cap: $9.29 billion
- Outstanding Shares: 72,255,000
Average Prices:- 50 Day Moving Avg: $129.94
- 200 Day Moving Avg: $131.73
- 52 Week Range: $120.50 - $162.06
P/E:- Trailing P/E Ratio: 37.55
- Foreward P/E Ratio: 38.26
- P/E Growth: 7.69
Sales & Book Value:- Annual Revenue: $820.6 million
- Price / Sales: 11.32
- Book Value: $27.44 per share
- Price / Book: 4.68
Dividend:- Annual Dividend: $3.92
- Dividend Yield: 3.1%
Profitability:- EBIDTA: $526.36 million
- Net Margins: 30.40%
- Return on Equity: 10.91%
- Return on Assets: 4.05%
Debt:- Debt-to-Equity Ratio: 1.31%
- Current Ratio: 1.55%
- Quick Ratio: 1.55%
Misc:- Average Volume: 528,680 shs.
- Beta: 0.29
- Short Ratio: 4.37
Frequently Asked Questions for Federal Realty Investment Trust (NYSE:FRT)
What is Federal Realty Investment Trust's stock symbol?
Federal Realty Investment Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRT."
How often does Federal Realty Investment Trust pay dividends? What is the dividend yield for Federal Realty Investment Trust?
Federal Realty Investment Trust announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Friday, September 22nd will be given a dividend of $1.00 per share on Monday, October 16th. This represents a $4.00 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend is Thursday, September 21st. This is a boost from Federal Realty Investment Trust's previous quarterly dividend of $0.98. View Federal Realty Investment Trust's Dividend History.
How were Federal Realty Investment Trust's earnings last quarter?
Federal Realty Investment Trust (NYSE:FRT) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported $1.49 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.46 by $0.03. The business earned $208 million during the quarter, compared to analyst estimates of $208.33 million. Federal Realty Investment Trust had a return on equity of 10.91% and a net margin of 30.40%. Federal Realty Investment Trust's revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.42 earnings per share. View Federal Realty Investment Trust's Earnings History.
When will Federal Realty Investment Trust make its next earnings announcement?
What guidance has Federal Realty Investment Trust issued on next quarter's earnings?
Federal Realty Investment Trust updated its FY17 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $5.86-5.94 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.90.
Where is Federal Realty Investment Trust's stock going? Where will Federal Realty Investment Trust's stock price be in 2017?
10 analysts have issued 1-year price targets for Federal Realty Investment Trust's stock. Their predictions range from $128.00 to $176.00. On average, they expect Federal Realty Investment Trust's stock price to reach $144.88 in the next year. View Analyst Ratings for Federal Realty Investment Trust.
What are analysts saying about Federal Realty Investment Trust stock?
Here are some recent quotes from research analysts about Federal Realty Investment Trust stock:
- 1. Boenning Scattergood analysts commented, "We reiterate our Outperform rating on FRT shares as they should continue to provide safety and solid earnings growth in the current difficult retail environment." (8/4/2017)
- 2. According to Zacks Investment Research, "Federal Realty posted fourth-quarter 2016 funds from operations (FFO) per share of $1.45, which surpassed both the Zacks Consensus Estimate and the prior-year quarter’s tally. Also, the company recently announced the acquisition of a 274,000-square-foot shopping center – Hastings Ranch Plaza, in Pasadena, CA. Federal Realty is poised to grow on the back of high-quality shopping centers in premium locations, diverse tenant base with long-term lease, efforts to expand in premium markets and decent balance sheet. However, mall traffic continues to dwindle amid a rapid shift in customers’ shopping preferences with non-store sales rising significantly. Further, rise in interest rate adds to its woes. In the past three months, the shares of Federal Realty underperformed the Zacks categorized REIT and Equity Trust – Retail industry. Also, over the past seven days, the first-quarter 2017 estimates for FFO per share moved south." (2/20/2017)
Who are some of Federal Realty Investment Trust's key competitors?
Some companies that are related to Federal Realty Investment Trust include Realty Income Corporation (O), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), VEREIT (VER), Land Securities Group plc (LAND), Kilroy Realty Corporation (KRC), British Land Company PLC (BLND), Douglas Emmett (DEI), Liberty Property Trust (LPT), EPR Properties (EPR), SEGRO plc (SGRO), Dupont Fabros Technology (DFT), Biomed Realty Trust (BMR), STORE Capital Corporation (STOR), Hammerson plc (HMSO), Cousins Properties Incorporated (CUZ), PS Business Parks (PSB) and Intu Properties PLC (INTU).
Who are Federal Realty Investment Trust's key executives?
Federal Realty Investment Trust's management team includes the folowing people:
- Donald C. Wood, President, Chief Executive Officer, Trustee
- Daniel Guglielmone, Chief Financial Officer, Executive Vice President, Treasurer
- Dawn M. Becker, Executive Vice President, General Counsel, Secretary
- Joseph S. Vassalluzzo, Non-Executive Independent Chairman of the Board of Trustees
- Jon E. Bortz CPA, Independent Trustee
- David W. Faeder, Independent Trustee
- Elizabeth I. Holland, Independent Trustee
- Gail P. Steinel, Independent Trustee
Who owns Federal Realty Investment Trust stock?
Federal Realty Investment Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (17.16%), BlackRock Inc. (10.57%), State Street Corp (8.18%), JPMorgan Chase & Co. (3.25%), Daiwa Securities Group Inc. (3.05%) and Goldman Sachs Group Inc. (2.22%). Company insiders that own Federal Realty Investment Trust stock include Dawn M Becker and Donald C Wood. View Institutional Ownership Trends for Federal Realty Investment Trust.
Who sold Federal Realty Investment Trust stock? Who is selling Federal Realty Investment Trust stock?
Federal Realty Investment Trust's stock was sold by a variety of institutional investors in the last quarter, including Eaton Vance Management, Goldman Sachs Group Inc., Standard Life Investments LTD, BlackRock Inc., Swiss National Bank, Westpac Banking Corp, Lasalle Investment Management Securities LLC and UBS Asset Management Americas Inc.. Company insiders that have sold Federal Realty Investment Trust stock in the last year include Dawn M Becker and Donald C Wood. View Insider Buying and Selling for Federal Realty Investment Trust.
Who bought Federal Realty Investment Trust stock? Who is buying Federal Realty Investment Trust stock?
Federal Realty Investment Trust's stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., APG Asset Management US Inc., Uniplan Investment Counsel Inc., Daiwa Securities Group Inc., Hexavest Inc., Vanguard Group Inc., Renaissance Technologies LLC and Resolution Capital Ltd. View Insider Buying and Selling for Federal Realty Investment Trust.
How do I buy Federal Realty Investment Trust stock?
Shares of Federal Realty Investment Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Federal Realty Investment Trust's stock price today?
One share of Federal Realty Investment Trust stock can currently be purchased for approximately $128.55.
MarketBeat Community Rating for Federal Realty Investment Trust (NYSE FRT)MarketBeat's community ratings are surveys of what our community members think about Federal Realty Investment Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Federal Realty Investment Trust (NYSE:FRT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 3 Hold Ratings, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $144.88 (12.70% upside) |
Analysts' Ratings History for Federal Realty Investment Trust (NYSE:FRT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/14/2017 | Citigroup Inc. | Boost Price Target | Buy | $147.00 -> $148.00 | Low |  |
| 8/14/2017 | Evercore ISI | Downgrade | In-Line -> Underperform | $128.00 | Medium | |
| 8/4/2017 | Boenning Scattergood | Set Price Target | Buy | $140.00 | Low | |
| 7/25/2017 | Jefferies Group LLC | Reiterated Rating | Hold | $136.00 | Low | |
| 7/21/2017 | Bank of America Corporation | Upgrade | Neutral -> Buy | $140.00 -> $146.00 | Low | |
| 4/27/2017 | Seaport Global Securities | Reiterated Rating | Buy | | Low | |
| 3/21/2017 | Deutsche Bank AG | Boost Price Target | Hold | $139.00 -> $140.00 | Low | |
| 3/13/2017 | Sandler O'Neill | Upgrade | Hold -> Buy | $145.00 | Medium | |
| 12/23/2016 | Mizuho | Reiterated Rating | Buy | | N/A | |
| 8/25/2016 | BTIG Research | Initiated Coverage | Neutral | | N/A | |
| 8/16/2016 | Canaccord Genuity | Boost Price Target | Buy | $167.00 -> $180.00 | N/A | |
| 8/10/2016 | Royal Bank Of Canada | Reiterated Rating | Underperform | $130.00 -> $140.00 | N/A | |
| 8/5/2016 | Credit Suisse Group | Downgrade | Outperform -> Neutral | $168.00 -> $170.00 | N/A | |
| 7/18/2016 | Morgan Stanley | Downgrade | Overweight -> Equal Weight | | N/A | |
| 6/24/2016 | Stifel Nicolaus | Downgrade | Buy -> Hold | | N/A | |
| 4/1/2016 | DA Davidson | Initiated Coverage | Neutral | $160.00 | N/A | |
| 10/22/2015 | Raymond James Financial, Inc. | Downgrade | Outperform -> Market Perform | | N/A | |
| 9/8/2015 | Evercore Partners Inc | Lower Price Target | Buy | $148.00 -> $146.00 | N/A | |
(Data available from 8/17/2015 forward)
Earnings History for Federal Realty Investment Trust (NYSE:FRT)Earnings History by Quarter for Federal Realty Investment Trust (NYSE FRT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | | | | | | N/A | |
| 8/2/2017 | Q2 2017 | $1.46 | $1.49 | $208.33 million | $208.00 million | View | Listen | |
| 5/3/2017 | Q1 2017 | $1.43 | $1.45 | $205.96 million | $207.39 million | View | Listen | |
| 2/13/2017 | Q416 | $1.44 | $1.45 | $203.74 million | $204.10 million | View | Listen | |
| 11/2/2016 | Q316 | $1.42 | $1.41 | $200.07 million | $201.20 million | View | Listen | |
| 8/4/2016 | Q216 | $1.41 | $1.42 | $196.26 million | $196.42 million | View | Listen | |
| 5/4/2016 | Q116 | $1.37 | $1.38 | $196.87 million | $198.30 million | View | Listen | |
| 2/9/2016 | Q415 | $1.38 | $1.37 | $188.37 million | $192.50 million | View | Listen | |
| 11/4/2015 | Q315 | $1.34 | $1.36 | $183.32 million | $184.04 million | View | Listen | |
| 8/5/2015 | Q215 | $1.30 | $1.33 | $182.54 million | $181.50 million | View | Listen | |
| 5/7/2015 | Q115 | $1.26 | $1.26 | $178.10 million | $184.80 million | View | N/A | |
| 2/10/2015 | Q414 | $1.23 | $1.28 | $175.45 million | $176.38 million | View | Listen | |
| 10/30/2014 | Q314 | $1.23 | $1.23 | $169.60 million | $166.10 million | View | Listen | |
| 8/7/2014 | Q214 | $1.21 | $1.23 | $277.99 million | $167.90 million | View | Listen | |
| 5/8/2014 | Q114 | $1.19 | $1.21 | $164.60 million | $170.80 million | View | Listen | |
| 2/12/2014 | Q413 | $1.17 | $1.18 | $162.27 million | $163.80 million | View | Listen | |
| 11/1/2013 | Q313 | $1.15 | $1.16 | $158.00 million | $159.03 million | View | Listen | |
| 8/2/2013 | Q213 | $1.12 | $1.08 | $155.36 million | $157.90 million | View | Listen | |
| 5/2/2013 | Q113 | $1.12 | $1.14 | $155.75 million | $157.75 million | View | Listen | |
| 2/13/2013 | Q412 | $1.10 | $1.11 | $141.46 million | $156.36 million | View | Listen | |
| 11/1/2012 | | $1.11 | $1.12 | | | View | N/A | |
| 8/1/2012 | | $1.04 | $1.04 | | | View | N/A | |
| 5/7/2012 | | $1.02 | $1.04 | | | View | N/A | |
| 2/15/2012 | | $0.99 | $0.97 | | | View | N/A | |
| 11/3/2011 | | $0.99 | $1.01 | | | View | N/A | |
| 8/3/2011 | | $1.00 | $1.02 | | | View | N/A | |
| 5/5/2011 | | $0.97 | $0.99 | | | View | N/A | |
| 2/15/2011 | | $0.99 | $1.01 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Federal Realty Investment Trust (NYSE:FRT)2017 EPS Consensus Estimate: $5.86
2018 EPS Consensus Estimate: $6.22
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $1.40 | $1.43 | $1.42 |
| Q2 2017 | 4 | $1.43 | $1.46 | $1.45 |
| Q3 2017 | 4 | $1.47 | $1.49 | $1.48 |
| Q4 2017 | 4 | $1.50 | $1.51 | $1.51 |
| Q1 2018 | 2 | $1.49 | $1.55 | $1.52 |
| Q2 2018 | 2 | $1.54 | $1.55 | $1.55 |
| Q3 2018 | 2 | $1.57 | $1.58 | $1.58 |
| Q4 2018 | 2 | $1.57 | $1.59 | $1.58 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Federal Realty Investment Trust (NYSE:FRT)| Next Dividend: | 10/16/2017 |
| Annual Dividend: | $3.92 |
| Dividend Yield: | 3.05% |
| Dividend Growth: | 8.60% (3 Year Average) |
| Payout Ratio: | 113.62% (Trailing 12 Months of Earnings)
116.67% (Based on This Year's Estimates)
116.67% (Based on Next Year's Estimates)
|
| Track Record: | 49 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Federal Realty Investment Trust (NYSE FRT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/1/2017 | quarterly | $1.00 | 2.98% | 9/21/2017 | 9/22/2017 | 10/16/2017 |
| 5/3/2017 | quarterly | $0.98 | 2.98% | 6/20/2017 | 6/22/2017 | 7/17/2017 |
| 2/13/2017 | quarterly | $0.98 | 2.78% | 3/10/2017 | 3/14/2017 | 4/17/2017 |
| 11/3/2016 | Quarterly | $0.98 | | 12/29/2016 | 1/3/2017 | 1/17/2017 |
| 8/4/2016 | quarterly | $0.98 | | 9/20/2016 | 9/22/2016 | 10/17/2016 |
| 5/4/2016 | quarterly | $0.94 | | 6/20/2016 | 6/22/2016 | 7/15/2016 |
| 2/9/2016 | quarterly | $0.94 | | 3/16/2016 | 3/18/2016 | 4/15/2016 |
| 11/4/2015 | quarterly | $0.94 | | 12/30/2015 | 1/4/2016 | 1/15/2016 |
| 6/30/2015 | | $0.94 | | 9/18/2015 | 9/22/2015 | 10/15/2015 |
| 5/7/2015 | quarterly | $0.87 | 2.6% | 6/18/2015 | 6/22/2015 | 7/15/2015 |
| 2/10/2015 | quarterly | $0.87 | 2.41% | 3/18/2015 | 3/20/2015 | 4/15/2015 |
| 10/30/2014 | quarterly | $0.87 | 2.64% | 12/30/2014 | 1/2/2015 | 1/15/2015 |
| 8/7/2014 | quarterly | $0.87 | 2.82% | 9/18/2014 | 9/22/2014 | 10/15/2014 |
| 5/9/2014 | quarterly | $0.78 | 2.63% | 6/19/2014 | 6/23/2014 | 7/15/2014 |
| 2/11/2014 | quarterly | $0.78 | 2.81% | 3/19/2014 | 3/21/2014 | 4/15/2014 |
| 11/1/2013 | quarterly | $0.78 | 2.88% | 12/28/2012 | 1/2/2013 | 1/15/2014 |
| 8/2/2013 | quarterly | $0.78 | 2.98% | 9/19/2013 | 9/23/2013 | 10/15/2013 |
| 5/2/2013 | quarterly | $0.73 | 2.5% | 6/19/2013 | 6/21/2013 | 7/15/2013 |
| 2/12/2013 | quarterly | $0.73 | 2.67% | 3/12/2013 | 3/14/2013 | 4/15/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Federal Realty Investment Trust (NYSE:FRT)Insider Ownership Percentage: 1.10%
Institutional Ownership Percentage: 94.63%
Insider Trades by Quarter for Federal Realty Investment Trust (NYSE:FRT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/9/2017 | Dawn M Becker | EVP | Sell | 2,281 | $133.05 | $303,487.05 | |
| 8/9/2017 | Donald C. Wood | Insider | Sell | 2,772 | $133.06 | $368,842.32 | |
| 5/9/2016 | Dawn M Becker | EVP | Sell | 13,314 | $158.46 | $2,109,736.44 | |
| 5/9/2016 | Donald C Wood | CEO | Sell | 18,701 | $158.17 | $2,957,937.17 | |
| 2/12/2016 | Donald C. Wood | CEO | Sell | 20,860 | $147.10 | $3,068,506.00 | |
| 3/12/2015 | Dawn M Becker | COO | Sell | 8,203 | $141.13 | $1,157,689.39 | |
| 11/26/2014 | Donald C Wood | CEO | Sell | 23,503 | $131.02 | $3,079,363.06 | |
| 5/15/2013 | Donald C Wood | CEO | Sell | 16,482 | $117.36 | $1,934,327.52 | |
| 5/14/2013 | Donald C Wood | CEO | Sell | 10,700 | $117.67 | $1,259,069.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Federal Realty Investment Trust (NYSE:FRT)
Latest Headlines for Federal Realty Investment Trust (NYSE:FRT)
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Federal Realty Investment Trust (FRT) Chart for Thursday, August, 17, 2017
