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XNYSFRTpC
Market cap9.47bUSD
Dec 27, Last price  
21.14USD
1D
-0.75%
1Q
-9.08%
Name

Federal Realty Investment Trust

Chart & Performance

D1W1MN
XNYS:FRTpC chart

Profile

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 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 106 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,200 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 54 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.
IPO date
Dec 17, 1984
Employees
314
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
1,132,154
5.38%
1,074,378
12.95%
951,224
13.85%
Cost of revenue
413,802
417,232
373,954
Unusual Expense (Income)
NOPBT
718,352
657,146
577,270
NOPBT Margin
63.45%
61.17%
60.69%
Operating Taxes
140,917
136,526
Tax Rate
21.44%
23.65%
NOPAT
718,352
516,229
440,744
Net income
236,985
-6.97%
254,744
92.18%
132,555
3,710.15%
Dividends
(359,194)
(347,284)
(335,656)
Dividend yield
4.29%
4.27%
3.18%
Proceeds from repurchase of equity
126,876
302,375
169,983
BB yield
-1.51%
-3.72%
-1.61%
Debt
Debt current
603,936
746,480
446,159
Long-term debt
4,172,321
4,620,199
4,336,933
Deferred revenue
5,021,606
4,745,464
Other long-term liabilities
436,724
(5,053,465)
(4,923,120)
Net debt
4,490,562
5,135,916
4,607,933
Cash flow
Cash from operating activities
555,830
516,769
471,352
CAPEX
(311,120)
(416,701)
(440,514)
Cash from investing activities
(358,325)
(785,998)
(660,118)
Cash from financing activities
(33,849)
190,414
(452,967)
FCF
1,284,638
387,036
(71,208)
Balance
Cash
250,825
85,558
162,132
Long term investments
34,870
145,205
13,027
Excess cash
229,087
177,044
127,598
Stockholders' equity
(733,754)
(609,416)
(611,938)
Invested Capital
9,083,717
9,011,218
7,949,537
ROIC
7.94%
6.09%
5.33%
ROCE
8.60%
7.58%
7.48%
EV
Common stock shares outstanding
81,313
80,508
77,368
Price
103.05
1.99%
101.04
-25.88%
136.32
60.15%
Market cap
8,379,305
3.01%
8,134,528
-22.87%
10,546,806
64.08%
EV
13,291,702
13,688,639
15,610,990
EBITDA
1,040,115
959,555
857,246
EV/EBITDA
12.78
14.27
18.21
Interest
167,809
136,989
127,698
Interest/NOPBT
23.36%
20.85%
22.12%