Federal Realty Investment Trust (FRT) Stock Price & Analysis
Federal Realty Investment Trust (FRT) closed at USD 108.88 on Thursday, October 22, 2026, up 2.94% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 105.77; the Oct 22, 2026 session ranged USD 105.7–108.96 on volume of 979,004 shares. Market capitalization is $9.52B, with a 52-week range of USD 90.03–128.21 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 11:03 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FRT.md
Key facts (FRT)
- Last four reported quarters (through Jun 30, 2026): revenue $1.34B, net income $436M (32.7% margin) (SEC filings).
- Valuation: P/E 21.8x (avg 29.4x at the last 3 fiscal year-ends).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $163K; 1 not under a Rule 10b5-1 plan ($163K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.05 on a 1–5 scale) (19 analysts), mean target USD 127.74 (range 115–145).
- Total return with dividends: 1Y +12.7% vs S&P 500 +14.9%; 5Y +11.4% vs S&P 500 +80.3%.
- Next earnings: 2026-10-30, EPS estimate USD 0.69, revenue estimate $338M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FRT)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $951M | $1.07B | $1.13B | $1.20B | $1.28B | $1.34B |
| Operating income | $395M | $526M | $406M | $472M | $602M | $639M |
| Net income | $261M | $385M | $237M | $295M | $411M | $436M |
| EPS (diluted) | $3.26 | $4.71 | $2.80 | $3.42 | $4.68 | — |
| Operating margin | 41.5% | 49.0% | 35.9% | 39.3% | 47.1% | 47.9% |
| Net margin | 27.5% | 35.9% | 20.9% | 24.6% | 32.1% | 32.7% |
| Revenue growth | +13.9% | +12.9% | +5.4% | +6.2% | +6.4% | — |
| Cash + short-term investments | $162M | $85.6M | $251M | $123M | $107M | — |
| Total debt | $4.06B | $4.34B | $4.62B | $4.50B | $4.96B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (FRT)
P/E 21.8x · P/S 7.1x · P/B 2.8x · Earnings yield 4.58%
P/E at fiscal year-ends: Dec 2025 21.2x, Dec 2024 31.7x, Dec 2023 35.4x.
Insider sales (SEC Form 4, open-market, last ~7 months) (FRT)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-30 | Lamb-Hale Nicole | Director | 1,500 | $163K | 24.5% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (FRT)
Consensus Buy (mean 2.05 on a 1–5 scale), 19 analysts; mean target USD 127.74 (low 115, high 145).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | Piper Sandler | Target lowered | Overweight | $149 → $131 |
| 2026-10-09 | UBS | Target lowered | Neutral | $127 → $115 |
| 2026-10-05 | Wells Fargo | Target lowered | Overweight | $134 → $126 |
| 2026-09-28 | Barclays | Target lowered | Equal-Weight | $123 → $118 |
| 2026-09-24 | Mizuho | Target lowered | Outperform | $130 → $117 |
| 2026-09-21 | Evercore ISI Group | Target lowered | In-Line | $125 → $123 |
| 2026-09-17 | Scotiabank | Target lowered | Sector Outperform | $128 → $126 |
| 2026-09-04 | JP Morgan | Target raised | Overweight | $124 → $129 |
| 2026-08-17 | Barclays | Target raised | Equal-Weight | $120 → $123 |
| 2026-08-05 | Citigroup | Target raised | Neutral | $120 → $130 |
| 2026-07-23 | Wells Fargo | Target raised | Overweight | $129 → $134 |
| 2026-07-21 | Piper Sandler | Target raised | Overweight | $127 → $149 |
Total return (dividends reinvested) (FRT)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +12.7% | +11.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +12.7% | +2.2% |
| Volatility (annualized) | 16.6% | 22.4% |
| Max drawdown | -16.7% (Jul 2026→Oct 2026) | -32.6% (Dec 2021→May 2023) |
FRT company outlook (results filed Jul 31, 2026)
- “Guidance 27 13 Glossary of Terms 28 909 Rose Avenue, Suite 200 North Bethesda, Maryland 20852 301-998-8100 1 Safe Harbor Language Certain matters discussed within this Supplemental Information may be deemed to be forward-looking statements within the meaning of the federal securities laws.”
Quoted word-for-word from the SEC 8-K results press release.
FRT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.69 | $0.72 | -3.6% | $338.0M | 5 |
| Next quarter (ends Dec 2026) | $0.74 | $0.77 | -4.4% | $349.8M | 3 |
| Current fiscal year (ends Dec 2026) | $3.71 | $4.02 | -7.8% | $1.36B | 3 |
| Next fiscal year (ends Dec 2027) | $3.23 | $3.10 | +3.9% | $1.44B | 3 |
FRT options: expected move
Options price a move of about ±4.2% (±$4.53) by Nov 20, 2026, which includes earnings on Oct 30, 2026. Over the last 8 reports the stock moved ±2% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 18.1% | ±4.2% |
| Dec 18, 2026 | 56 | 18.5% | ±5.9% |
| Feb 19, 2027 | 119 | 18.4% | ±8.6% |
| May 21, 2027 | 210 | 19.9% | ±12.1% |
30-day implied volatility 19.2% vs 14.8% realized over the last 30 trading days. Put/call ratio (volume) 0.19. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 11:03 UTC)
| Price | USD 108.88 |
|---|---|
| Change | ▲ 2.94% (up) |
| Previous Close | USD 105.77 |
| Open | USD 106.14 |
| Day Range | USD 105.7 – 108.96 |
| 52-Week Range | USD 90.03 – 128.21 |
| Volume | 979,004 shares |
| Market Cap | $9.52B |
| Exchange | NYQ |
Technical Analysis (FRT)
Nexqual's technical model rates FRT "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 11:03 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 49.8 (neutral) |
| vs SMA50 | Below (USD 111.98) |
| MACD | -1.58 (negative) |
Analyst Ratings (FRT)
Wall Street analysts rate FRT "Buy" based on 19 analysts, with a mean price target of USD 127.74 (range USD 115–145), per Nexqual as of October 23, 2026 at 11:03 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 19 |
| Mean Target | USD 127.74 |
| High Target | USD 145 |
| Low Target | USD 115 |
| Buy / Hold / Sell | 13 / 6 / 0 |
Earnings (FRT)
| Next Earnings Date | 2026-10-30 |
|---|---|
| EPS Estimate | USD 0.69 |
| Revenue Estimate | $337.99M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.97 vs est 0.72 ▲ beat |
| 2026-03-31 | USD 1.81 vs est 0.68 ▲ beat |
| 2025-12-31 | USD 1.56 vs est 0.76 ▲ beat |
| 2025-09-30 | USD 0.69 vs est 0.78 ▼ miss |
Source: Nexqual, October 23, 2026 at 11:03 UTC.
Financials & Fundamentals (FRT)
| Total Revenue | $1.34B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +7.20% |
| Gross Margin | +68.14% |
| Operating Margin | +35.03% |
| Profit Margin | +32.66% |
| ROE | +12.55% |
| Debt / Equity | 1.34 |
| Current Ratio | 0.56 |
| Total Cash | $115.28M |
| Total Debt | $4.85B |
Source: Nexqual, October 23, 2026 at 11:03 UTC.
Financial Health Score (FRT)
Nexqual rates Federal Realty Investment Trust's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 11:03 UTC.
| Growth | Solid — Revenue +6% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 68%, operating 35% (last 12 months) |
| Balance Sheet | Weak — $107M cash and investments vs $4.96B debt (Dec 2025, SEC) |
| Cash Flow | Solid — Operating cash flow $622M (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — ROE 13%, ROA 3.3% |
Ownership (FRT)
| Insider Ownership | +1.03% |
|---|---|
| Institutional Ownership | +101.06% |
| Shares Outstanding | 86.89M |
| Float | 80.13M |
| Short % of Float | +6.39% |
Source: Nexqual, October 23, 2026 at 11:03 UTC.
From Federal Realty Investment Trust's Latest SEC 10-K Filing (filed 2026-02-12)
Key Strengths & Strategy (as disclosed to the SEC)
- Our financing strategies are designed to enable us to maintain an investment grade balance sheet while retaining sufficient flexibility to fund our operating and investing activities in the most cost-efficient way possible.
Legal & Regulatory Risks (Item 1A, quoted)
- Risk Factors Related to our REIT Status and Other Laws and Regulations
- Environmental laws and regulations could reduce the value or profitability of our properties.
- The revenues generated by our tenants could be negatively affected by various federal, state and local laws to which they are subject.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BRX | Brixmor Property Group Inc. | USD 28.26 | ▲ 3.06% |
| ADC | Agree Realty Corporation | USD 67.07 | ▲ 4% |
| NNN | NNN REIT, Inc. | USD 42.13 | ▲ 3.46% |
| MAC | Macerich Company (The) | USD 23.95 | ▲ 3.1% |
| REG | Regency Centers Corporation | USD 74.38 | ▲ 2.99% |
| KIM | Kimco Realty Corporation (HC) | USD 23.59 | ▲ 3.83% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:03 UTC. This page is informational and not investment advice.
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