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 densely populated, affluent 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 104 properties include approximately 2,800 tenants, in 24 million square feet, and approximately 2,800 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 53 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.
IPO Year:
Exchange: NYSE
Website: federalrealty.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/20/2024 | $122.00 → $125.00 | Neutral → Overweight | Analyst |
9/13/2024 | $120.00 → $135.00 | Neutral → Buy | Citigroup |
4/22/2024 | $109.00 → $110.00 | Hold → Buy | Deutsche Bank |
2/29/2024 | $110.00 → $112.00 | Equal Weight → Overweight | Wells Fargo |
1/30/2024 | $109.00 | Hold | Deutsche Bank |
1/16/2024 | $108.00 → $117.00 | Hold → Buy | Truist |
11/27/2023 | $104.00 → $108.00 | In-line → Outperform | Evercore ISI |
9/18/2023 | $105.00 → $101.00 | Buy → Neutral | Mizuho |
9/5/2023 | $115.00 → $104.00 | Strong Buy → Outperform | Raymond James |
6/30/2023 | $111.00 | Neutral → Overweight | Piper Sandler |
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
4 - FEDERAL REALTY INVESTMENT TRUST (0000034903) (Issuer)
NORTH BETHESDA, Md., Jan. 13, 2025 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) will announce fourth quarter 2024 earnings in a press release to be issued after market close on Thursday, February 13, 2025. The Company will host a conference call on Thursday, February 13 at 5:00 PM ET. Event: Federal Realty Investment Trust's Fourth Quarter 2024 Earnings Conference Call When: 5:00 PM ET, Thursday, February 13, 2025 Live Webcast: FRT Fourth Quarter 2024 Earnings Conference Call or www.federalrealty.com Dial #: 1-844-826-3035 or 1-412-317-5195 A replay of the webca
NORTH BETHESDA, Md., Nov. 15, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today that Jeffrey S. Berkes, the Company's President and Chief Operating Officer, will be leaving the company effective December 31, 2024. Don Wood, Federal's Chief Executive Officer, commented, "Jeff has been my trusted partner and good friend here at Federal for the past 24 years and has been instrumental in growing the company and positioning the company as a leader in the industry. He's one of the finest professionals and human beings in our business. I'll surely miss working with him on a daily basis." Mr. Wood will reassume the additional position of President of the Company. The po
NORTH BETHESDA, Md., Oct. 30, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today reported operating results for its third quarter ended September 30, 2024. For the three months ended September 30, 2024 and 2023, net income available for common shareholders was $0.70 per diluted share and $0.67 per diluted share, respectively. For the three months ended September 30, 2024 and 2023, operating income was $105.8 million and $100.1 million, respectively. Highlights for the third quarter include: Generated funds from operations available to common shareholders (FF
Best-in-class REIT ranks among best employers in both the Washington, D.C. and Greater Bay Areas NORTH BETHESDA, Md., Sept. 16, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) has been named to both The Washington Post and The San Francisco Chronicle's prestigious 2024 Top Workplaces lists. These awards recognize Federal's leadership in fostering a workplace that prioritizes employee satisfaction, well-being, and long-term success. Based entirely on employee feedback, these honors underscore Federal Realty's commitment to creating a supportive, inclusive, and g
NORTH BETHESDA, Md., Sept. 5, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) will announce third quarter 2024 earnings in a press release to be issued after market close on Wednesday, October 30, 2024. The Company will host a conference call on Wednesday, October 30 at 5:00 PM ET. Event: Federal Realty Investment Trust's Third Quarter 2024 Earnings Conference Call When: 5:00 PM ET, Wednesday, October 30, 2024 Live Webcast: FRT Third Quarter 2024 Earnings Conference Call or www.federalrealty.com Dial #: 1-844-826-3035 or 1-412-317-5195 A replay of the webcast
Active acquisition activity with $287 million of investments NORTH BETHESDA, Md., Aug. 1, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today reported operating results for its second quarter ended June 30, 2024. For the three months ended June 30, 2024 and 2023, net income available for common shareholders was $1.32 per diluted share and $0.72 per diluted share, respectively. For the three months ended June 30, 2024 and 2023, operating income was $157.0 million and $101.8 million, respectively. Highlights for the second quarter include: Generated funds from
Strategic Disposition Enhances Focus on Key Markets and Financial Flexibility N. BETHESDA, Md., June 6, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today the sale of its remaining assets on Third Street Promenade in Santa Monica, California. The portfolio, comprising eight buildings with a total of 185,000 square feet, was sold for $103 million. Including a previous transaction, the total proceeds from the Third Street Promenade assets amount to $120 million. "The divestiture of our Third Street Promenade assets marks a key step in our strategy to
110-Acre Retail Hub with Market-Dominant Position and Strong Tenant Sales NORTH BETHESDA, Md., June 3, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) is pleased to announce the acquisition of Virginia Gateway, an approximately 665,000-square-foot irreplaceable regionally-dominant retail center spanning 110-acres in Gainesville, Virginia, for $215 million. The property is approximately 95% occupied and features strong tenant sales and high traffic counts in an affluent and growing market. Situated at the intersection of Route 29 and I-66, Virginia Gateway is a prominent retail and entertainment hub with exceptional visibility and access, drawing visitors from a wide regional
NORTH BETHESDA, Md., May 30, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today the publication of its 2023 Sustainability Report. The report highlights the company's accomplishments in sustainability aligned with its five key priorities that directly support its business strategy. Key highlights from the report include: Reducing Scope 1 and 2 greenhouse gas (GHG) emissions by 32%, demonstrating substantial progress toward the Science Based Target initiative-approved goal of a 46% decrease in Scope 1 and 2 GHG emissions by 2030.Strengthening its po
N. BETHESDA, Md., May 22, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) will announce second quarter 2024 earnings in a press release to be issued after market close on Thursday, August 1, 2024. The Company will host a conference call on Thursday, August 1 at 5:00 PM ET. Event: Federal Realty Investment Trust's Second Quarter 2024 Earnings Conference Call When: 5:00 PM ET, Thursday, August 1, 2024 Live Webcast: FRT Second Quarter 2024 Earnings Conference Call or www.federalrealty.com Dial #: 1-844-826-3035 or 1-412-317-5195 A replay of the webcast will be
NORTH BETHESDA, Md., Feb. 7, 2023 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) is proud to announce a series of executive promotions that recognize the contributions and expanded responsibilities of a number of long-serving team members. In its legal leasing function, two additional senior positions have been created to better serve its growing operations: Robyn Sarrat, who has been with the company since 2006, has been promoted to Vice President, Legal Leasing. In this capacity, she will manage Federal Realty's legal leasing function and oversee lease documentat
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced the appointment of Robin Zeigler, a real estate executive with over 25 years of experience in the industry, to the Company's Board of Trustees (the "Board"). Ms. Zeigler's appointment as a new independent member of the Board is effective immediately, and she will join the Board's Audit Committee and Nominating and Corporate Governance Committee. Ms. Zeigler will stand for election as a Board-recommended nominee at the 2022 Annual Meeting of Shareholders. "On behalf of the Trustees and the RLJ management team, we are thrilled to welcome Robin to our Board," commented Leslie D. Hale, President and Chief Executive Officer. "Robin ha
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) today announced that it has appointed Warren M. Thompson to serve as an independent director on its Board of Directors, effective today. This appointment expands PFG’s Board to 11 directors. The Board appointed Mr. Thompson to serve as a member of the Company’s Audit Committee and as a member of the Technology Committee, also effective immediately. Mr. Thompson, 61, currently serves as President and Chairman of Thompson Hospitality Corporation, the largest minority-owned foodservice and facilities management company in the U.S. The company was founded in 1992 when Mr. Thompson completed a leveraged bu
NORTH BETHESDA, Md., Jan. 13, 2025 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) will announce fourth quarter 2024 earnings in a press release to be issued after market close on Thursday, February 13, 2025. The Company will host a conference call on Thursday, February 13 at 5:00 PM ET. Event: Federal Realty Investment Trust's Fourth Quarter 2024 Earnings Conference Call When: 5:00 PM ET, Thursday, February 13, 2025 Live Webcast: FRT Fourth Quarter 2024 Earnings Conference Call or www.federalrealty.com Dial #: 1-844-826-3035 or 1-412-317-5195 A replay of the webca
NORTH BETHESDA, Md., Nov. 15, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today that Jeffrey S. Berkes, the Company's President and Chief Operating Officer, will be leaving the company effective December 31, 2024. Don Wood, Federal's Chief Executive Officer, commented, "Jeff has been my trusted partner and good friend here at Federal for the past 24 years and has been instrumental in growing the company and positioning the company as a leader in the industry. He's one of the finest professionals and human beings in our business. I'll surely miss working with him on a daily basis." Mr. Wood will reassume the additional position of President of the Company. The po
NORTH BETHESDA, Md., Oct. 30, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today reported operating results for its third quarter ended September 30, 2024. For the three months ended September 30, 2024 and 2023, net income available for common shareholders was $0.70 per diluted share and $0.67 per diluted share, respectively. For the three months ended September 30, 2024 and 2023, operating income was $105.8 million and $100.1 million, respectively. Highlights for the third quarter include: Generated funds from operations available to common shareholders (FF
Best-in-class REIT ranks among best employers in both the Washington, D.C. and Greater Bay Areas NORTH BETHESDA, Md., Sept. 16, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) has been named to both The Washington Post and The San Francisco Chronicle's prestigious 2024 Top Workplaces lists. These awards recognize Federal's leadership in fostering a workplace that prioritizes employee satisfaction, well-being, and long-term success. Based entirely on employee feedback, these honors underscore Federal Realty's commitment to creating a supportive, inclusive, and g
NORTH BETHESDA, Md., Sept. 5, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) will announce third quarter 2024 earnings in a press release to be issued after market close on Wednesday, October 30, 2024. The Company will host a conference call on Wednesday, October 30 at 5:00 PM ET. Event: Federal Realty Investment Trust's Third Quarter 2024 Earnings Conference Call When: 5:00 PM ET, Wednesday, October 30, 2024 Live Webcast: FRT Third Quarter 2024 Earnings Conference Call or www.federalrealty.com Dial #: 1-844-826-3035 or 1-412-317-5195 A replay of the webcast
NORTH BETHESDA, Md., Sept. 4, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today that the Company will present at the BofA Securities 2024 Global Real Estate Conference on Tuesday, September 10, 2024 at 12:45 PM ET. Event: Federal Realty Presentation at the BofA Securities 2024 Global Real Estate Conference When: 12:45 PM ET, Tuesday, September 10, 2024 Live Webcast: FRT BofA Securities 2024 Global Real Estate Conference Presentation or under the Investors tab at www.federalrealty.com A replay of the webcast will be available within 24 hours after
Active acquisition activity with $287 million of investments NORTH BETHESDA, Md., Aug. 1, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today reported operating results for its second quarter ended June 30, 2024. For the three months ended June 30, 2024 and 2023, net income available for common shareholders was $1.32 per diluted share and $0.72 per diluted share, respectively. For the three months ended June 30, 2024 and 2023, operating income was $157.0 million and $101.8 million, respectively. Highlights for the second quarter include: Generated funds from
Strategic Disposition Enhances Focus on Key Markets and Financial Flexibility N. BETHESDA, Md., June 6, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today the sale of its remaining assets on Third Street Promenade in Santa Monica, California. The portfolio, comprising eight buildings with a total of 185,000 square feet, was sold for $103 million. Including a previous transaction, the total proceeds from the Third Street Promenade assets amount to $120 million. "The divestiture of our Third Street Promenade assets marks a key step in our strategy to
110-Acre Retail Hub with Market-Dominant Position and Strong Tenant Sales NORTH BETHESDA, Md., June 3, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) is pleased to announce the acquisition of Virginia Gateway, an approximately 665,000-square-foot irreplaceable regionally-dominant retail center spanning 110-acres in Gainesville, Virginia, for $215 million. The property is approximately 95% occupied and features strong tenant sales and high traffic counts in an affluent and growing market. Situated at the intersection of Route 29 and I-66, Virginia Gateway is a prominent retail and entertainment hub with exceptional visibility and access, drawing visitors from a wide regional
NORTH BETHESDA, Md., May 30, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today the publication of its 2023 Sustainability Report. The report highlights the company's accomplishments in sustainability aligned with its five key priorities that directly support its business strategy. Key highlights from the report include: Reducing Scope 1 and 2 greenhouse gas (GHG) emissions by 32%, demonstrating substantial progress toward the Science Based Target initiative-approved goal of a 46% decrease in Scope 1 and 2 GHG emissions by 2030.Strengthening its po
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Analyst upgraded Federal Realty from Neutral to Overweight and set a new price target of $125.00 from $122.00 previously
Citigroup upgraded Federal Realty from Neutral to Buy and set a new price target of $135.00 from $120.00 previously
Deutsche Bank upgraded Federal Realty from Hold to Buy and set a new price target of $110.00 from $109.00 previously
Wells Fargo upgraded Federal Realty from Equal Weight to Overweight and set a new price target of $112.00 from $110.00 previously
Deutsche Bank initiated coverage of Federal Realty with a rating of Hold and set a new price target of $109.00
Truist upgraded Federal Realty from Hold to Buy and set a new price target of $117.00 from $108.00 previously
Evercore ISI upgraded Federal Realty from In-line to Outperform and set a new price target of $108.00 from $104.00 previously
Mizuho downgraded Federal Realty from Buy to Neutral and set a new price target of $101.00 from $105.00 previously
Raymond James downgraded Federal Realty from Strong Buy to Outperform and set a new price target of $104.00 from $115.00 previously
Piper Sandler upgraded Federal Realty from Neutral to Overweight and set a new price target of $111.00