Federal Realty Investment Trust (FRT)
Stock Price:
$76.72 USD
1.43 (1.90%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
5.86B |
| Revenue (ttm) |
880.88M |
| Net Income (ttm) |
278.09M |
| Shares Out |
75.64M |
| EPS (ttm) |
3.57 |
| PE Ratio |
21.49 |
| Forward PE |
31.55 |
| Dividend |
$4.24 |
| Dividend Yield |
5.53% |
Stock Quote
| Trading Day |
Oct 23, 2020 |
| Last Price |
$76.72 |
| Previous Close |
$75.29 |
| Change ($) |
1.43 |
| Change (%) |
1.90% |
| Day's Open |
75.98 |
| Day's Range |
75.57 - 77.02 |
| Day's Volume |
361,460 |
| 52-Week Range |
64.11 - 141.35 |
More Stats
| Market Cap |
5.86B |
| Enterprise Value |
9.49B |
| Earnings Date (est) |
Nov 5, 2020 |
| Ex-Dividend Date |
Sep 21, 2020 |
| Shares Outstanding |
75.64M |
| Float |
74.98M |
| EPS (basic) |
3.58 |
| EPS (diluted) |
3.57 |
| FCF / Share |
-3.77 |
| Dividend |
$4.24 |
| Dividend Yield |
5.53% |
| Earnings Yield |
4.65% |
| FCF Yield |
n/a |
| Payout Ratio |
117.30% |
| Shares Short |
2.57M |
| Short Ratio |
3.67 |
| Short % of Float |
3.43% |
| Beta |
0.91 |
| PE Ratio |
21.49 |
| Forward PE |
31.55 |
| P/FCF Ratio |
n/a |
| PS Ratio |
6.65 |
| PB Ratio |
2.55 |
| Revenue |
880.88M |
| Operating Income |
287.88M |
| Net Income |
278.09M |
| Free Cash Flow |
-283.90M |
| Net Cash |
-3.63B |
| Net Cash / Share |
-47.49 |
| Gross Margin |
73.43% |
| Operating Margin |
32.68% |
| Profit Margin |
30.70% |
| FCF Margin |
-32.23% |
| ROA |
2.53% |
| ROE |
10.62% |
| ROIC |
3.70% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (16)
| Buy |
5 |
| Overweight |
2 |
| Hold |
8 |
| Underweight |
0 |
| Sell |
1 |
Analyst Consensus: Overweight
Price Target
$86.93*
(13.31% upside)
Low
75.0
Current: $76.72
High
110.0
Target: 86.93
*Average 12-month price target from 15 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 936 | 915 | 857 | 802 | 744 | 686 | 637 | 606 | 551 | 542 |
| Revenue Growth | 2.22% | 6.78% | 6.96% | 7.74% | 8.44% | 7.64% | 5.22% | 9.92% | 1.72% | - |
| Gross Profit | 637 | 628 | 585 | 548 | 511 | 474 | 447 | 427 | 381 | 373 |
| Operating Income | 355 | 350 | 332 | 321 | 300 | 271 | 254 | 254 | 226 | 229 |
| Net Income | 354 | 242 | 290 | 250 | 210 | 165 | 163 | 152 | 144 | 123 |
| Shares Outstanding | 74.77 | 73.27 | 72.12 | 70.88 | 68.80 | 67.32 | 65.33 | 63.88 | 62.44 | 61.18 |
| Earnings Per Share | 4.61 | 3.18 | 3.97 | 3.50 | 3.03 | 2.41 | 2.46 | 2.35 | 2.28 | 1.98 |
| EPS Growth | 44.97% | -19.9% | 13.43% | 15.51% | 25.73% | -2.03% | 4.68% | 3.07% | 15.15% | - |
| Dividend Per Share | 4.14 | 4.04 | 3.96 | 3.84 | 3.62 | 3.30 | 3.02 | 2.84 | 2.72 | 2.66 |
| Dividend Growth | 2.48% | 2.02% | 3.13% | 6.08% | 9.7% | 9.27% | 6.34% | 4.41% | 2.26% | - |
| Operating Cash Flow | 462 | 517 | 459 | 428 | 369 | 346 | 314 | 297 | 245 | 257 |
| Capital Expenditures | -614 | -382 | -957 | -580 | -437 | -370 | -377 | -262 | -246 | -146 |
| Free Cash Flow | -153 | 135 | -498 | -153 | -67.80 | -23.98 | -62.92 | 35.10 | -1.31 | 111 |
| Cash & Equivalents | 127 | 64.09 | 15.19 | 23.37 | 21.05 | 47.95 | 88.93 | 36.99 | 67.81 | 15.80 |
| Total Debt | 3,502 | 3,229 | 3,285 | 2,798 | 2,627 | 2,410 | 2,322 | 2,209 | 2,110 | 1,767 |
| Net Cash / Debt | -3,375 | -3,165 | -3,270 | -2,775 | -2,606 | -2,362 | -2,233 | -2,172 | -2,043 | -1,751 |
| Assets | 6,795 | 6,290 | 6,276 | 5,423 | 4,897 | 4,547 | 4,219 | 3,899 | 3,666 | 3,160 |
| Liabilities | 4,019 | 3,686 | 3,743 | 3,204 | 2,977 | 2,735 | 2,644 | 2,494 | 2,340 | 1,978 |
| Book Value | 2,535 | 2,346 | 2,267 | 1,977 | 1,664 | 1,604 | 1,448 | 1,287 | 1,216 | 1,095 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Federal Realty Investment Trust |
| Country |
United States |
| Employees |
308 |
| CEO |
Donald C. Wood |
Stock Information
| Ticker Symbol |
FRT |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Retail |
| Unique Identifier |
NYSE: FRT |
Description
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 104 properties include approximately 2,900 tenants, in 24 million square feet, and approximately 2,800 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 53 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.