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FRT

S&P 500
Favorable · 69/100

Federal Realty Investment Trust

Real Estate
Retail REITs

$121.72

1.1%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 25.9% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$10.46B

P/E

20.89x

Forward P/E (est.)

14.92x

ROE

15.6%

Revenue Growth

7.4%

EPS Growth

62.4%

Profit Margin

38.6%

FCF Yield

6.1%

Debt / Equity

1.53x

ROIC

6.0%

Interest Coverage

3.28x

Current Ratio

Dividend Yield

3.6%

Implied Growth (rev. DCF)

Rating Score

69/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what FRT's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. FRT trades near $121.72, above its 50-day average ($115.97) and 200-day average ($105.05). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 48 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. FRT's is $2.13 (~1.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month FRT found buyers near $114.58 (support) and sellers near $126.41 (resistance); its 52-week range is $89.99–$126.41. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Federal Realty Investment Trust (FRT) is a large-cap company in the Retail REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $10.46B.

In its latest reported year it generated about $1.28B in revenue and $411.08M in net profit.

Our model rates FRT Favorable (69/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

7.7%

Revenue moved from $951.22M in 2021 to $1.28B in 2025, a 7.7% compound annual growth rate. The most recent year grew a steady 7.4% year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

67.3%

Operating Margin

47.1%

Net Margin

32.1%

ROE

15.6%

Federal Realty Investment Trust keeps about 38.6% of each sales dollar as net profit, with a 67.3% gross margin and 47.1% operating margin. Return on equity is 15.6% and return on invested capital about 6.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$4.96B

Net Debt

$4.85B

Net Debt / EBITDA

8.05x

Debt / Equity

1.53x

Leverage: debt-to-equity is 1.5x, and operating profit covers interest about 3.3x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $4.96B of total debt against $115.63M of cash.

Cash Flow Analysis
Research

Operating CF

$622.38M

Free Cash Flow

$622.38M

FCF Margin

48.7%

In the latest year Federal Realty Investment Trust produced about $622.38M of operating cash flow and $622.38M of free cash flow after capital spending. That is a free-cash-flow yield of about 6.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

20.89x

P/S

8.47x

P/B

2.65x

EV / EBITDA

16.05x

FRT trades at 20.9x trailing earnings (about 14.9x on estimated forward earnings), 8.5x sales, and 2.7x book value. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
20.9xFair
Forward P/E
14.9xCheap
P/S ratio
8.5xExpensive
Revenue growth
7.4%Strong
EPS growth
62.4%Strong
Gross margin
67.3%Strong
Net margin
38.6%Strong
ROE
15.6%Average

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How FRT stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.

In the Real Estate sector (31 S&P 500 companies), FRT ranks #2 of 31 by our overall rating. It trades at a discount versus the sector on earnings (20.9x P/E vs. 30.8x median) with a higher return on equity (15.6% vs. 8.0%) and faster revenue growth (7.4% vs. 5.3%).

P/E vs sector

20.9x

median 30.8x

ROE vs sector

15.6%

median 8.0%

Growth vs sector

7.4%

median 5.3%

Sector rank

#2

of 31 by rating

CompanyP/ERev Gr.Rating
FRTThis stock20.9x7.4%Favorable· 69
REG25.8x7.8%Favorable· 65
KIM26.7x4.4%Neutral· 56
O50.1x9.8%Neutral· 48
SPG14.6x10.9%Strong· 73
BXP32.5x1.6%Weak· 32
UDR24.7x2.1%Favorable· 66
CSGP21.3%Weak· 40
Real Estate median30.8x5.3%53/100

Valuation vs. quality map

sector medianREGKIMOSPGBXPUDRFRTP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$86.38$139.54

vs. $121.72 today · expected CAGR -7%3%

Metric20262027202820292030
Revenue$1.37B$1.46B$1.57B$1.68B$1.79B
Net income$437.92M$468.58M$501.38M$536.47M$574.03M
EPS$5.07$5.42$5.80$6.21$6.64
Share price (low)$65.90$70.51$75.45$80.73$86.38
Share price (high)$106.45$113.90$121.88$130.41$139.54
CAGR (low–high)-46% / -13%-24% / -3%-15% / 0%-10% / 2%-7% / 3%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for FRT:

  • High net margins (38.6%) point to pricing power or efficiency.
  • Strong return on equity (15.6%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~6.1%) funds buybacks and dividends.
  • Pays a 3.6% dividend on top of any price gains.
  • Our model's overall read is Favorable (69/100).
Bear Case

The case against FRT:

  • Elevated leverage (debt/equity 1.5x) adds financial risk.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Balance-sheet risk — debt/equity of 1.5x magnifies the impact of higher rates or weaker earnings.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Federal Realty Investment Trust is a large-cap real estate business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 20.9x earnings, which our model scores Favorable (69/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.