Federal Realty Investment Trust
NYSE:FRT

Watchlist Manager
Federal Realty Investment Trust Logo
Federal Realty Investment Trust
NYSE:FRT
Watchlist
Price: 94.47 USD -0.7% Market Closed
Market Cap: 8.1B USD

Federal Realty Investment Trust
Investor Relations

In the realm of real estate investment, Federal Realty Investment Trust stands as a paragon of strategic foresight and disciplined growth. Established in 1962, this REIT has carved out a niche in the ownership, management, and redevelopment of high-quality retail and mixed-use properties in major urban markets along the East Coast and Limited exposure on the West Coast of the United States. Federal Realty’s business model revolves around acquiring well-located properties that have the potential for long-term growth. The trust focuses on densely-populated and affluent areas where the demand for retail and residential space remains robust. This strategic focus allows Federal Realty to maintain high occupancy rates and foster stable income streams, setting it apart in the competitive real estate sector.

Central to Federal Realty's success is its keen ability to transform and enhance properties, making them vibrant destinations in their communities. By undertaking redevelopment projects, the company not only boosts the appeal and functionality of its properties but also increases their value over time. Federal Realty derives its income primarily from leasing space to a diverse mix of tenants—ranging from retail outlets and offices to residential units—under long-term leases. This diversity helps to mitigate economic risks tied to any single sector, adding resilience to the trust's financial performance. Additionally, their commitment to sustainability and community-centered development aligns their business goals with broader societal values, generating goodwill and fostering long-term partnerships with tenants and local authorities. Through these sophisticated strategies, Federal Realty continues to craft a resilient portfolio capable of weathering economic fluctuations while delivering consistent returns to its stakeholders.

Show more
Loading

Earnings Calls

2025 Q1
May 8, 2025
Show Transcript
Previous
Next
Strong Q1 performance with optimistic outlook for 2025.
2025 Q1
May 8, 2025

Federal Realty reported a robust first-quarter FFO per share of $1.70, exceeding expectations with 6% revenue growth and a 2.8% increase in same-store NOI. Notably, the company successfully navigated lower-than-anticipated credit reserve utilization and improved rental revenue. Occupancy rates are expected to rise, aiming for mid-94% by year-end 2025. The guidance for annual FFO per share has been raised to a range of $7.11 to $7.23, reflecting a projected growth of 5-7%. With strong demand and a diverse tenant base, Federal Realty looks well-positioned to capitalize on opportunities in a potentially volatile market.

Show Full Analysis

Management

Mr. Donald C. Wood CPA
CEO & Director
No Bio Available
Mr. Jeffrey S. Berkes
President & COO
No Bio Available
Ms. Dawn M. Becker
Executive VP, General Counsel & Secretary
No Bio Available
Ms. Wendy A. Seher
Executive VP, Eastern Region President and Chief Operating Officer
No Bio Available
Mr. Jeffrey Kreshek
Senior VP, Western Region President and Chief Operating Officer
No Bio Available
Mr. Jan W. Sweetnam
Executive VP & Chief Investment Officer
No Bio Available
Ms. Melissa Solis
Chief Accounting Officer & Senior VP
No Bio Available
Mr. Porter Bellew
Chief Information Officer & VP
No Bio Available
Ms. Leah Andress Brady
Vice President of Investor Relations
No Bio Available
Mr. Michael Ennes
Senior Vice President of Mixed-Use Initiatives & Corporate Communications
No Bio Available

Contacts

Address
MARYLAND
North Bethesda
909 Rose Avenue, Suite 200
Contacts