Last $121.19 USD
Change Today +0.60 / 0.50%
Volume 520.2K
FRT On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

federal realty invs trust (FRT) Snapshot

Open
$120.99
Previous Close
$120.59
Day High
$122.04
Day Low
$120.54
52 Week High
08/21/14 - $126.40
52 Week Low
12/13/13 - $99.83
Market Cap
8.2B
Average Volume 10 Days
352.9K
EPS TTM
$2.35
Shares Outstanding
67.7M
EX-Date
09/18/14
P/E TM
51.5x
Dividend
$3.48
Dividend Yield
2.65%
Current Stock Chart for FEDERAL REALTY INVS TRUST (FRT)

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federal realty invs trust (FRT) Details

Federal Realty Investment Trust operates as a real estate investment trust, which engages in the ownership, management, development, and redevelopment of retail and mixed-use properties. As of June 30, 2005, it owned or had a majority interest in 103 community and neighborhood shopping centers, and retail mixed-use properties (excluding joint venture properties) comprising approximately 17.4 million square feet located primarily in strategic metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, it had 30% interest in approximately 0.5 million square feet of retail space through its joint venture with an affiliate of Clarion Lion Properties Fund, and one apartment complex in Maryland. The company has elected to be taxed as a REIT. As a REIT, it is not subject to federal income tax on taxable income that it distributes to its shareholders. The company was founded in 1962 and is headquartered in Rockville, Maryland.

266 Employees
Last Reported Date: 02/11/14
Founded in 1962

federal realty invs trust (FRT) Top Compensated Officers

Chief Executive Officer, President and Truste...
Total Annual Compensation: $850.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $400.0K
Chief Operating Officer, General Counsel, Exe...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2013.

federal realty invs trust (FRT) Key Developments

Federal Realty Investment Trust Declares Regular Quarterly Dividend, Payable on October 15, 2014

Federal Realty Investment Trust announced that its board of trustees increased the dividend rate on its common shares, declaring a regular quarterly cash dividend of $0.87 per share, resulting in an indicated annual rate of $3.48 per share. The regular common dividend will be payable on October 15, 2014 to common shareholders of record on September 22, 2014.

Federal Realty Investment Trust Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Funds from Operations Guidance for the Full Year of 2014

Federal Realty Investment Trust reported unaudited earnings results for the second quarter and six months ended June 30, 2014. In the second quarter 2014, Federal Realty generated funds from operations available for common shareholders (FFO) of $83.6 million, or $1.23 per diluted share. This compares to FFO of $71.1 million, or $1.08 per diluted share, in second quarter 2013. Net income available for common shareholders was $43.4 million and earnings per diluted share was $0.64 for the quarter ended June 30, 2014 versus $37.4 million and $0.57, respectively, for second quarter 2013. Operating income was $68.361 million against $63.488 million a year ago. Income from continuing operations $45.416 million against $33.379 million a year ago. Net income attributable to the Trust was $43.545 million against $37.539 million a year ago. For the six months ended June 30, 2014, Federal Realty reported FFO of $165.4 million, or $2.43 per diluted share, compared to $145.2 million, or $2.22 per diluted share for the same six month period in 2013. Excluding the debt prepayment charge in the second quarter 2013, FFO per diluted share was $1.14 in second quarter 2013 and $2.27 for the six months ended June 30, 2013. Year-to-date, Federal Realty reported net income available for common shareholders of $82.0 million and earnings per diluted share of $1.22. This compares to net income available for common shareholders of $71.9 million and earnings per diluted share of $1.10 for the six months ended June 30, 2013. Operating income was $131.805 million against $125.990 million a year ago. Income from continuing operations $85.961 million against $68.818 million a year ago. Net income attributable to the Trust was $82.298 million against $72.127 million a year ago. The company has updated its 2014 guidance for FFO per diluted share to a range of $4.90 to $4.94. The company's earnings per share guidance was updated to $2.55 to $2.61.

Federal Realty Investment Trust to Report Q2, 2014 Results on Aug 07, 2014

Federal Realty Investment Trust announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 07, 2014

 

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Industry Analysis

FRT

Industry Average

Valuation FRT Industry Range
Price/Earnings 54.4x
Price/Sales 12.2x
Price/Book 5.4x
Price/Cash Flow 24.1x
TEV/Sales 8.4x
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