Federal Realty Investment Trust
FRT-PC
New York Stock Exchange19.54
USD
-0.05
- -
CIK
0000034903
ISIN
US3137452005
CUSIP
313745200
Return %
Stock
S&P500
1Y
-3.74
26.53
3Y
-13.54
76.60
5Y
-25.39
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Donald C. Wood
- Full Time Employees
- 304
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- 909 Rose Avenue North Bethesda MD United States of America 20852
- IPO Date
- Sep 27, 2017
- CIK
- 0000034903
- Website
- federalrealty.com
- Similar Companies
- Business
- Federal Realty Investment Trust (NYSE: FRT; FRT-PC) operates as an equity real estate investment trust focused on the ownership, operation, management, and redevelopment of high-quality retail-based and mixed-use properties in affluent, densely populated communities across major U.S. metropolitan markets where retail demand exceeds supply; its portfolio comprises interests in approximately 102 properties totaling 27 million commercial square feet with about 3,500 tenants and 3,000 residential units, including grocery-anchored neighborhood and community shopping centers, superregional centers, power centers, and prominent mixed-use urban developments such as Santana Row in San Jose, CA, Pike & Rose in North Bethesda, MD, Assembly Row in Somerville, MA, Bethesda Row in Bethesda, MD, and CocoWalk in Miami, FL. The company, founded in 1962 and headquartered in North Bethesda, Maryland, targets eight primary markets along the East Coast from Washington, D.C., to Boston, as well as select areas in California and South Florida, serving a diverse tenant base of national retailers, digitally native brands, local favorites, restaurants, and experiential service providers. FRT-PC represents depositary shares, each equivalent to a 1/1000th interest in the company's 5.000% Series C Cumulative Redeemable Preferred Shares, which provide quarterly dividends currently yielding around 4.55%. Federal Realty maintains a multifaceted business model emphasizing long-term sustainable growth through strategic redevelopment, active merchandising, and value-enhancing capital investments in dominant retail assets with strong demographics and competitive positioning. In recent developments, the company acquired Annapolis Town Center, a 480,000-square-foot open-air shopping destination in Anne Arundel County, Maryland, for $187 million on October 10, 2025, extending its portfolio of high-performing centers and underscoring ongoing leasing momentum with opportunities for operational improvements. Additional 2025 acquisitions include Village Pointe, a high-performing lifestyle center in Omaha, Nebraska, announced December 1, 2025, and Town Center Plaza and Town Center Crossing in Leawood, Kansas, in July 2025, where Federal has swiftly executed or advanced 10 leases totaling 80,000 square feet with tenants such as LEGO, Coach, and Local Lime; these follow prior successes like Virginia Gateway in Gainesville, VA (acquired May 2024) with 25 leases for 140,000 square feet including Sephora and Warby Parker. The company reported solid third-quarter 2025 results and continues to demonstrate rent growth and portfolio execution amid its disciplined acquisition strategy.