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 101 properties include approximately 2,800 tenants, in 23 million square feet, and approximately 2,900 residential units.

Company profile
Ticker
FRT, FRT-PC
Exchange
Website
CEO
Donald C Wood
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
FR Associates Limited Partnership • Berman Enterprises II Limited Partnership • FRIT Escondido Promenade, LLC • FRIT Leasing & Development Services, Inc. • Congressional Plaza Associates, LLC • FR Pike 7 Limited Partnership • Federal/LPF GP, Inc. • Federal Realty Partners L.P. • FRLP, Inc. • Federal Realty Partners, Inc. ...
IRS number
520782497
FRT stock data
Analyst ratings and price targets
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
24 Mar 23
DEF 14A
Definitive proxy
24 Mar 23
ARS
2022 FY
Annual report to shareholders
24 Mar 23
PRE 14A
Preliminary proxy
24 Feb 23
8-K
Departure of Directors or Certain Officers
9 Feb 23
10-K
2022 FY
Annual report
8 Feb 23
8-K
Results of Operations and Financial Condition
8 Feb 23
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Results of Operations and Financial Condition
3 Nov 22
8-K
Entry into a Material Definitive Agreement
11 Oct 22
Transcripts
FRT
Earnings call transcript
2022 Q4
8 Feb 23
FRT
Earnings call transcript
2022 Q3
4 Nov 22
FRT
Earnings call transcript
2021 Q4
11 Feb 22
FRT
Earnings call transcript
2021 Q3
5 Nov 21
FRT
Earnings call transcript
2021 Q2
5 Aug 21
FRT
Earnings call transcript
2021 Q1
6 May 21
FRT
Earnings call transcript
2020 Q4
12 Feb 21
FRT
Earnings call transcript
2020 Q3
6 Nov 20
FRT
Earnings call transcript
2020 Q2
6 Aug 20
FRT
Earnings call transcript
2020 Q1
7 May 20
Latest ownership filings
4
DONALD C WOOD
14 Feb 23
4
Daniel Guglielmone
14 Feb 23
4
JEFFREY S BERKES
14 Feb 23
SC 13G/A
NORGES BANK
14 Feb 23
SC 13G/A
Capital Research Global Investors
13 Feb 23
SC 13G/A
STATE STREET CORP
9 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
DONALD C WOOD
9 Feb 23
4
Daniel Guglielmone
9 Feb 23
4
JEFFREY S BERKES
9 Feb 23
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 96.35 mm | 96.35 mm | 96.35 mm | 96.35 mm | 96.35 mm | 96.35 mm |
Cash burn (monthly) | 20.76 mm | 6.57 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 62.68 mm | 19.83 mm | n/a | n/a | n/a | n/a |
Cash remaining | 33.67 mm | 76.52 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.6 | 11.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
96.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 410 |
Opened positions | 71 |
Closed positions | 38 |
Increased positions | 161 |
Reduced positions | 128 |
13F shares | Current |
---|---|
Total value | 7.93 tn |
Total shares | 78.71 mm |
Total puts | 375.70 k |
Total calls | 385.90 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 12.80 mm | $1.29 tn |
STT State Street | 10.20 mm | $1.04 tn |
BLK Blackrock | 7.61 mm | $768.61 bn |
Norges Bank | 7.21 mm | $728.76 bn |
Capital Research Global Investors | 5.96 mm | $601.84 bn |
JPM JPMorgan Chase & Co. | 4.51 mm | $457.31 bn |
Resolution Capital | 3.86 mm | $390.50 bn |
IVZ Invesco | 2.26 mm | $228.19 bn |
ProShare Advisors | 1.77 mm | $178.97 bn |
Geode Capital Management | 1.68 mm | $169.85 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Feb 23 | Donald C Wood | Common Shares of Beneficial Interest | Sell | Dispose S | Yes | No | 112.2135 | 1,891 | 212.20 k | 198,819 |
13 Feb 23 | Daniel Guglielmone | Common Shares of Beneficial Interest | Sell | Dispose S | No | No | 110.6927 | 2,500 | 276.73 k | 50,782 |
13 Feb 23 | Donald C Wood | Common Shares of Beneficial Interest | Sell | Dispose S | Yes | No | 111.2352 | 10,000 | 1.11 mm | 200,710 |
12 Feb 23 | Jeffrey S Berkes | Common Shares of Beneficial Interest | Payment of exercise | Dispose F | No | No | 109.97 | 6,721 | 739.11 k | 70,340 |
12 Feb 23 | Daniel Guglielmone | Common Shares of Beneficial Interest | Payment of exercise | Dispose F | No | No | 109.97 | 3,522 | 387.31 k | 53,282 |
12 Feb 23 | Donald C Wood | Common Shares of Beneficial Interest | Payment of exercise | Dispose F | No | No | 109.97 | 22,764 | 2.50 mm | 139,067 |
7 Feb 23 | Jeffrey S Berkes | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 11,210 | 0.00 | 77,061 |
7 Feb 23 | Dawn M Becker | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 10,954 | 0.00 | 159,938 |
News
The Latest Analyst Ratings for Federal Realty Investment
1 Mar 23
Mizuho Maintains Buy on Federal Realty Investment, Lowers Price Target to $112
1 Mar 23
Price Targets On REITs Hiked Despite Analyst Cautiousness
27 Feb 23
Barclays Maintains Overweight on Federal Realty Investment, Lowers Price Target to $127
15 Feb 23
UBS Maintains Neutral on Federal Realty Investment, Raises Price Target to $110
9 Feb 23
Press releases
Federal Realty Investment Trust to Present at Citi's 2023 Global Property CEO Conference
1 Mar 23
Federal Realty Investment Trust Announces Operating Results for the Year and Quarter Ended December 31, 2022
8 Feb 23
Federal Realty Announces Executive Promotions
7 Feb 23
Federal Realty Investment Trust Announces Revised Fourth Quarter 2022 Earnings Release Date and Conference Call Information
26 Jan 23
Federal Realty Investment Trust Releases Tax Status of 2022 Distributions
24 Jan 23