Profile
Sector:
Real EstateIndustry:
RetailCountry:
United StatesIPO:
03 May 1973Website:
http://www.federalrealty.comNext earnings report:
12 February 2025Last dividends:
01 October 2024Next dividends:
02 January 2025Price
after hours | Fri, 01 Nov 2024 22:16:20 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
FRT Latest News
Federal Realty's Q3 results are boosted by strong leasing activity and high occupancy rates at its properties.
The financial results for Federal Realty Investment Trust (FRT) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
Federal Realty Investment Trust (FRT) reported quarterly funds from operations (FFO) of $1.71 per share, which is slightly below the Zacks Consensus Estimate of $1.72 per share. This is an increase from the FFO of $1.65 per share from the same period last year.
FRT's results for the third quarter are expected to be positively impacted by strong demand for its retail properties, but increased interest costs could affect the overall performance.
If you want good returns and dependable dividends, this group of three dividend stocks can help, offering yields of up to 5%.
Federal Realty Investment Trust is a great choice for retirees because it offers consistent income and has a strong track record, including 57 years of increasing dividends. In the second quarter of 2024, FRT achieved record funds from operations and revenue, along with high leasing activity and better occupancy rates, showing its strength and growth. The REIT has also strengthened its financial position with a well-structured debt plan and good credit ratings, making it well-prepared for lower interest rates.
A strong list of tenants and the redevelopment or expansion of mixed-use properties are expected to benefit FRT. However, the uneven growth of e-commerce and fluctuations in the job market are causing some worries.
A top-rated REIT is recognized as one of the best employers in both the Washington, D.C. area and the Greater Bay Area. This announcement comes from North Bethesda, Maryland.
Federal Realty Investment Trust (NYSE:FRT) will participate in the Bank of America 2024 Global Real Estate Conference on September 10, 2024, at 12:45 PM ET. The company will be represented by CEO Don Wood, CFO Dan Gee, and VP of Investor Relations Leah Andress Brady. Jeffrey Spector from Bank of America will lead a roundtable discussion with the trust, and he hopes everyone enjoyed their networking lunch and coffee before the afternoon sessions.
Federal Realty is a Dividend King, making it a good choice for those who value steady dividends. Realty Income is a top net-lease REIT in the industry, offering an appealing 5% yield.
What type of business is 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 Northern and Southern California. 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 102 properties include approximately 3,400 tenants, in 27 million commercial square feet, and approximately 3,100 residential units.
What sector is Federal Realty Investment Trust in?
Federal Realty Investment Trust is in the Real Estate sector
What industry is Federal Realty Investment Trust in?
Federal Realty Investment Trust is in the Retail industry
What country is Federal Realty Investment Trust from?
Federal Realty Investment Trust is headquartered in United States
When did Federal Realty Investment Trust go public?
Federal Realty Investment Trust initial public offering (IPO) was on 03 May 1973
What is Federal Realty Investment Trust website?
https://www.federalrealty.com
Is Federal Realty Investment Trust in the S&P 500?
Yes, Federal Realty Investment Trust is included in the S&P 500 index
Is Federal Realty Investment Trust in the NASDAQ 100?
No, Federal Realty Investment Trust is not included in the NASDAQ 100 index
Is Federal Realty Investment Trust in the Dow Jones?
No, Federal Realty Investment Trust is not included in the Dow Jones index
When was Federal Realty Investment Trust the previous earnings report?
No data
When does Federal Realty Investment Trust earnings report?
The next expected earnings date for Federal Realty Investment Trust is 12 February 2025