Federal Realty Investment TrustNYSE: FRT
Real Estate · Retail REITs
$120.55
-2.29%
Vol: 618K
Research Digest
Wednesday, June 17, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Federal Realty hosts its 2026 Investor Day webcast on May 21 at 1:25 PM ET, with management to provide strategic update following Q1 FFO/share growth of 10.6% and raised guidance.Positive▶
Federal Realty will webcast its 2026 Investor Day on Thursday, May 21, 2026, starting at 1:25 PM ET, followed by a live Q&A with executive management. The event comes after a strong Q1 2026 in which core FFO of $1.88 per share grew 10.6% YoY, same-store NOI grew 4.7%, leasing activity hit record levels, and 2026 guidance was raised. JPMorgan analyst Michael Mueller raised his price target to $124 from $115 (Overweight) and Barclays raised its target to $116 from $107 (Equal Weight) on the back of the results. The 19-analyst consensus rating is Buy with an average 12-month PT of $119.30. Scotiabank earlier moved its PT to $128 from $118 with a Sector Outperform rating. Shares are up roughly 8.9% over the past 90 days.
May 20Federal Realty to host 2026 Investor Day on May 21 after strong Q1 FFO beat and raised guidance.Positive▶
Federal Realty announced it will webcast its 2026 Investor Day on Thursday, May 21, 2026, starting at 1:25 PM ET with live Q&A from executive management. Q1 2026 results delivered diluted EPS of $1.81 and Core FFO of $1.88 per share (up 10.6% YoY), beating estimates by roughly 3.5%, with total revenue of $341.1 million up 10% YoY. Shares hit a new 52-week high of $113.72 on the results. The company raised full-year 2026 guidance to EPS $3.94-$4.03 and Nareit/Core FFO $7.46-$7.55. The stock was upgraded to Zacks Rank #2 (Buy). JPMorgan raised its price target to $124 from $115 (Overweight); Citi raised to $120 from $106; Ladenburg lowered to $125 from $130 (Buy).
May 19Federal Realty reported Q1 Core FFO of $1.88/share (+10.6%) on revenue of $341.1M, raised FY26 guidance to FFO $7.46-7.55, and announced May 21 Investor Day; JPM raised PT to $124, Citi to $120.Positive▶
Federal Realty Investment Trust delivered Q1 2026 diluted EPS of $1.81 (including a $92.7M gain on real estate sale) and Core FFO of $1.88 per share, up 10.6% YoY, beating analyst estimates by ~3.5%. Total revenue rose 10% YoY to $341.1M, and the company signed 101 leases for 649,078 sq ft of comparable retail space—a first-quarter volume record. Management raised full-year 2026 guidance to EPS of $3.94-4.03 and Nareit/Core FFO of $7.46-7.55. On May 15 Federal Realty announced it will webcast its 2026 Investor Day on May 21 at 1:25 PM ET with live Q&A. JPMorgan raised its PT to $124 from $115 (Overweight) and Citi raised its PT to $120 from $106 (Neutral). FRT was also upgraded to a Zacks Rank #2 (Buy).
May 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 15Federal Realty Q1 FFO up 10.6% to $1.88/share; raises FY26 guidance with record 101-lease quarter; Zacks upgrades to Buy.Positive▶
Federal Realty Investment Trust released Q1 2026 earnings on May 1 with FFO of $1.88 per diluted share, a 10.6% per-share increase versus Q1 2025. Same-store NOI grew 4.7% for the first quarter. Property sales added a $92.7M gain as occupancy reached 93.8%. The company signed 101 leases for 649,078 square feet of comparable retail space, a first-quarter volume record. Federal Realty raised full-year 2026 guidance to EPS $3.94-$4.03 and Nareit/Core FFO $7.46-$7.55, effectively endorsing the quarter's momentum. On May 1, 2026, FRT shares rose 4.0% to $115.32. Zacks upgraded FRT to Buy driven by a 1.2% increase in earnings estimates.
May 14Federal Realty hits 52-week high after raising 2026 guidance on record Q1 leasing and 10.6% FFO growthPositive▶
Federal Realty reported Q1 2026 results on May 1 with revenue of $341.1M (up 10% YoY) and Core FFO of $1.88/share (up 10.6%), beating estimates. The company signed a first-quarter record 101 leases for 649,078 sq ft of comparable retail space, with the portfolio 96.1% leased. Management raised full-year 2026 guidance to EPS $3.94-$4.03 and Core FFO $7.46-$7.55. Shares rose ~4% on May 1 to a new 52-week high of $113.72, and Zacks upgraded the stock to Buy. Results were boosted by a $92.7M gain on the February sale of Misora at Santana Row. Risk: high valuation versus GF Value model and rising rate environment pressure on REITs.
May 13Federal Realty raised FY2026 Core FFO guidance to $7.46-$7.55 and hit new 52-week high of $113.72 after Q1 EPS of $1.81 and record 649,078 sq ft of leasingPositive▶
Federal Realty Investment Trust raised full-year 2026 guidance to EPS of $3.94-$4.03 and Nareit/Core FFO of $7.46-$7.55 after delivering Q1 2026 diluted EPS of $1.81 and Core FFO of $1.88 per share, up 10.6% YoY and beating estimates by ~3.5%. Q1 revenue rose 10% YoY to $341.1 million, beating the $334.4 million estimate. The portfolio reached 96.1% leased and 93.8% occupied, with 101 leases signed for 649,078 square feet of comparable retail space, a Q1 volume record. Shares hit a new 52-week high of $113.72 (up ~4%) on the news and traded around $115.32 on May 1. The board declared a $0.3125 quarterly cash dividend on its Class C depositary shares, payable July 15. Shareholders approved board, executive compensation, and Grant Thornton auditor ratification at the May 6 virtual annual meeting. Risk: GF Value indicates the stock is overvalued at current levels.
May 12Federal Realty raised 2026 Core FFO guidance to $7.46-$7.55 after Q1 FFO grew 10.6% and set a Q1 leasing volume record of 649,078 sq ft.Positive▶
Federal Realty reported Q1 2026 Core FFO of $1.88/share (+10.6% YoY) on revenue of $341.1M, beating consensus by ~$6.7M, and raised full-year EPS guidance to $3.94-$4.03 with Core FFO of $7.46-$7.55. The REIT signed 101 comparable retail leases for 649,078 sq ft, a first-quarter record, with the portfolio 96.1% leased and 93.8% occupied. Capital recycling advanced with the sale of a 212-unit residential asset plus a $10M Courthouse Center disposition. Shares jumped about 4% to a new 52-week high near $115.32. Bear case: GuruFocus' GF Value still flags the stock as overvalued and rising long rates remain a headwind for high-quality REITs trading at premium FFO multiples.
May 11Federal Realty hit a new 52-week high after Q1 2026 FFO grew 10.6%, beating estimates and prompting raised FY2026 EPS guidance.Positive▶
Federal Realty reported strong Q1 2026 results on May 1, 2026 with diluted EPS of $1.81 and Core FFO of $1.88 per share, up 10.6% YoY. Total revenue rose 10% YoY to $341.1 million, beating consensus of $334.4 million. The company raised FY2026 EPS guidance to $7.46-$7.55, endorsing the quarter's momentum. Same-property NOI was up about 0.8% YoY. Shares jumped to a new 52-week high of $113.72, rising approximately 4% after the announcement. Federal Realty held its virtual 2026 annual meeting on May 6 where shareholders voted on electing eight trustees, Say-on-Pay, and ratifying Grant Thornton as auditor. UBS Group AG increased its position by 23.3% in Q4, and Farmers & Merchants Investments significantly grew its stake.
May 8Raised full-year core FFO guidance to $7.46-$7.55; FFO per share +10.6% YoYPositive▶
Federal Realty Investment Trust reported strong Q1 2026 results with FFO per share of $1.88, a 10.6% year-over-year increase. The company raised its full-year core FFO guidance to $7.46-$7.55, driven by robust leasing activity and active capital recycling. Recent transactions including a 212-unit residential asset sale and the $10 million sale of Courthouse Center advance the company disciplined portfolio management. The REIT has increased quarterly dividends for 58 consecutive years. Analyst consensus is Buy with average price target of $112.86.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| SPGSIMON | $209.57 | -2.63% | +4.5% | 31.3x | 1.35 | $79.7B |
| OREALTY | $60.60 | -2.53% | -2.5% | 35.2x | 0.73 | $56.5B |
| KIMKIMCO | $24.51 | -2.37% | +4.9% | 28.3x | 0.98 | $16.5B |
| REGREGENCY | $77.37 | -1.94% | +0.0% | 30.6x | 0.83 | $14.5B |
| FRTFEDERAL | $120.55 | -2.29% | +4.9% | 38.8x | 0.94 | $10.5B |
| WELLWELLTOWER | $207.85 | -2.65% | -5.3% | 61.5x | 0.78 | $145.8B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.