Federal Realty Investment Trust (NYSE: FRT) |
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Price: $113.7300
$-0.16
-0.140%
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Day's High:
| $114.43
| Week Perf:
| -1.87 %
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Day's Low: |
$ 113.10 |
30 Day Perf: |
2.99 % |
Volume (M): |
213 |
52 Wk High: |
$ 118.34 |
Volume (M$): |
$ 24,254 |
52 Wk Avg: |
$106.15 |
Open: |
$114.01 |
52 Wk Low: |
$95.98 |
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Market Capitalization (Millions $) |
9,553 |
Shares
Outstanding (Millions) |
84 |
Employees |
297 |
Revenues (TTM) (Millions $) |
1,183 |
Net Income (TTM) (Millions $) |
303 |
Cash Flow (TTM) (Millions $) |
3 |
Capital Exp. (TTM) (Millions $) |
275 |
Federal Realty Investment Trust
Federal Realty Investment Trust Overview
Federal Realty Investment Trust (FRIT) is a seasoned real estate investment trust (REIT) specializing in the acquisition, management, and development of retail and mixed-use properties. Established in 1962, the company is headquartered in Rockville, Maryland, and has built a robust portfolio that emphasizes its presence in high-income and densely populated markets primarily along the East and West Coasts of the United States.
Property Portfolio
FRIT owns and operates over 100 properties, with a significant focus on retail centers, mixed-use developments, and office buildings. Its diverse portfolio includes:
- Retail Centers: These properties host a variety of tenants, including popular national retailers, local businesses, and dining establishments. - Mixed-Use Developments: These projects blend residential, retail, and office spaces to create vibrant communities that cater to a range of needs and preferences. - Office Buildings: FRITs office assets complement its retail offerings, providing high-quality spaces in desirable locations.
The company has strategically chosen its locations to ensure that its properties are in areas with high foot traffic, strong demographics, and excellent accessibility.
Sustainability Initiatives
Federal Realty Investment Trust is recognized for its commitment to sustainability and environmental stewardship. The company employs various practices aimed at reducing its environmental footprint, including:
- Energy Efficiency: Implementation of energy-efficient systems and technologies to minimize consumption and greenhouse gas emissions. - Waste Reduction: Comprehensive recycling programs and waste management strategies designed to reduce landfill contributions. - Green Building: Focused on LEED-certified developments and maintaining certification systems that emphasize sustainable construction and operational practices. - Sustainable Landscaping: Initiatives that promote biodiversity and conserve water through the use of native plants and efficient irrigation systems.
Community Engagement
FRIT emphasizes its role as a community partner, actively engaging with local organizations and initiatives to support the areas where its properties are located. Its community involvement includes:
- Partnerships with Non-Profit Organizations: Collaborating with local entities to support community-driven programs and events. - Philanthropic Efforts: Investing in affordable housing projects and educational programs to enhance community well-being and social equity. - Community Events: Hosting activities and events that bring residents together, fostering a sense of community in and around its properties.
Financial Performance
As of 2021, Federal Realty Investment Trust had a market capitalization exceeding $8 billion. The company has cultivated a strong financial foundation characterized by:
- Consistent Dividend Payments: Demonstrating a reliable return to investors, FRIT has raised its dividend annually for over 50 years, solidifying its status among dividend aristocrats. - Strategic Investments: Targeting high-value properties in dynamic markets, FRIT has effectively navigated market challenges, contributing to sustainable long-term growth.
FRIT's operational model, commitment to sustainability, community involvement, and financial prudence collectively position it as a leading player in the retail and mixed-use property sectors, maintaining a significant presence in the REIT landscape.
Company Address: 909 Rose Avenue, Suite 200 North Bethesda 20852 MD
Company Phone Number: 998-8100 Stock Exchange / Ticker: NYSE FRT
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Stock Performances by Major Competitors |
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Federal Realty Investment Trust
Federal Realty Investment Trust (FRT), a leading real estate investment trust, has recently made an important announcement regarding the pricing and upsizing of its exchangeable senior notes. This move is expected to have significant implications for the company's financial standing and ultimately its share prices. In this article, we will outline the key facts surrounding this announcement and assess how it may impact the performance of Federal Realty Investment Trust shares. On January 8, 2024, FRT released a press statement, stating that its operating partnership, Federal Realty OP LP, has priced and upsized the previously announced offering of exchangeable senior notes. The offering was increased to $425 million, highlighting the level of investor demand and confidence in Federal Realty's future prospects. While the specific terms and conditions of the offering, such as interest rates and maturity dates, were not elaborated upon in the release, these details may play a role in determining the overall impact on shareholder value.
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Federal Realty Investment Trust
Federal Realty Investment Trust (NYSE: FRT) recently announced an important development regarding the pricing and upsizing of its exchangeable senior notes. This move signifies a positive step towards strengthening the company's financial position and enhancing shareholder value. The offering, which was increased to $425 million, reflects strong investor demand and confidence in Federal Realty's future prospects. The announcement does not provide specific details regarding the terms and conditions of the offering, such as interest rates or maturity dates, which will play a crucial role in determining the overall impact on shareholder value. However, this strategic move is expected to have significant implications for the company's financial standing and ultimately its share prices.
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Stock Offering
Published Tue, Jan 9 2024 4:24 AM UTC
Federal Realty Investment Trust has recently made an important announcement regarding the pricing and upsizing of its exchangeable senior notes. This move will undoubtedly have significant implications for the company's financial standing and ultimately its share prices. In this article, we will outline the key facts surrounding this announcement and assess how it ...
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Federal Realty Investment Trust
Federal Realty Investment Trust, a prominent player in the real estate industry, recently released its financial results for the most recent fiscal period ending September 30, 2023. The company witnessed both positive and negative developments during this period, making it an interesting case study in the stock market. One noteworthy observation is that despite experiencing a decline in earnings per share (EPS), Federal Realty Investment Trust managed to achieve an impressive increase in revenue. Comparing the most recent fiscal period to the same period the previous year, the company saw revenue grow by 4.81% to $286.60 million, compared to $273.45 million. This indicates a positive trend in the company's top-line performance.
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Federal Realty Investment Trust
Federal Realty Investment Trust, a Real Estate Investment Trust (REIT) company, recently announced its second-quarter 2023 earnings results. The numbers presented a mixed picture, with revenue showing a modest increase while income declined. Comparing the figures to the previous year, the company's revenue grew by 6.278% to $280.68 million, while income decreased by -4% to $0.72 per share. To better understand Federal Realty Investment Trust's performance in the second quarter of 2023, it is crucial to analyze the rest of the REIT sector. It becomes apparent that Federal Realty Investment Trust fell short in comparison to its peers, who reported a revenue growth of 10.98% relative to the second quarter of 2022. Additionally, while revenue advanced by 2.791% from the preceding period, net profit per share increased by 10.77% to $0.65 per share. However, the company's earnings of $63.004 million in Q2 2023 declined by -2.27% from $64.467 million in the corresponding period the previous year.
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Per Share |
Current |
Earnings (TTM) |
3.44 $ |
Revenues (TTM) |
14.08 $
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Cash Flow (TTM) |
0.03 $ |
Cash |
1.26 $
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Book Value |
37.93 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
3.44 $
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Revenues (TTM) |
14.08 $ |
Cash Flow (TTM) |
0.03 $ |
Cash |
1.26 $
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Book Value |
37.93 $ |
Dividend (TTM) |
0 $ |
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