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 Northern and Southern California. 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 103 properties include approximately 3,500 tenants, in 27 million commercial square feet, and approximately 3,100 residential units.
Prime Portfolio | Explore Federal Realty's strategic focus on high-quality retail properties in affluent areas, maintaining strong market position and near-full occupancies |
Financial Resilience | Delve into FRT's solid financial performance, consistent dividend payments, and healthy signed-but-not-occupied pipeline signaling future revenue growth |
Growth Horizons | Learn about FRT's plans to restart development and expand beyond Coastal markets, balancing growth with financial discipline in new territories |
Market Challenges | Analysts project a $105-$135 price target range, reflecting mixed outlook due to Washington DC exposure, rising credit risks, and luxury retail pressures |
Metrics to compare | FRT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipFRTPeersSector | |
---|---|---|---|---|
P/E Ratio | 27.6x | 34.3x | 9.1x | |
PEG Ratio | 1.15 | 0.88 | 0.01 | |
Price/Book | 2.7x | 2.1x | 0.9x | |
Price / LTM Sales | 6.6x | 6.9x | 3.9x | |
Upside (Analyst Target) | 17.0% | 14.4% | 12.5% | |
Fair Value Upside | Unlock | −6.1% | 0.7% | Unlock |