Federal Realty: Buy The Drop On This Undervalued Dividend King
Federal Realty Investment Trust offers a compelling investment opportunity with robust leasing activity and consistent FFO/share growth, and trading significantly below its historical P/FFO valuation. FRT's strong balance sheet, high occupancy levels, and strategic redevelopment projects support its 57-year streak of dividend increases, making it a reliable Dividend King. Management projects a 5.8% FFO/share growth for 2025, driven by same-store NOI growth, strong leasing trends, and new development projects.
Federal Realty Investment Trust (FRT) Citi's 2025 30th Annual Global Property CEO Conference (Transcript)
Federal Realty Investment Trust (NYSE:FRT ) Citi's 2025 30th Annual Global Property CEO Conference March 3, 2025 8:10 AM ET Company Participants Don Wood - Chief Executive Officer Dan Guglielmone - Executive Vice President, Chief Financial Officer and Treasurer Wendy Seher - Executive Vice President, Eastern Region President Conference Call Participants Craig Mailman - Citi Craig Mailman Hi, everyone, welcome to Citi's 2025 Global Property CEO Conference. I'm Craig Mailman with Citi Research, and we're pleased to have with us Federal Realty Trust and CEO, Don Wood.
FRT: Your Favorite REIT Has No Alpha
Federal Realty Investment Trust excels in the REIT sector, owning high-quality retail and mixed-use properties with a 96.2% lease rate and 94.1% occupancy. FRT's financials are strong, with a $7.75 billion property value, 8.9% asset yield, and 6.4% FFO yield, but the preferred stock lacks Alpha. FRT's bonds, rated BAA1 by Moody's, offer yields from 4.7% to 5.9%, but still lack Alpha compared to higher-rated bonds.
Federal Realty Grows With Del Monte Shopping Center Acquisition
FRT's acquisition of Del Monte Shopping Center underscores its commitment to owning and operating high-quality, high-traffic retail properties in affluent markets.
The Macro Case For REITs Is Stronger Than You Think
Real estate property values have rebounded, but REITs remain undervalued. The near term is uncertain, but the long-term macro case is very favorable to REITs. We explain why and highlight a few of our Top Picks.
Why Federal Realty Investment Trust Stock Just Tanked by 6%
Friday was a day to forget for Federal Realty Investment Trust (FRT -6.07%) and its investors. The real estate investment trust (REIT) posted its fourth-quarter and full-year results, and the market clearly wasn't impressed by the performance.
Federal Realty Meets Q4 FFO Estimates, Sees Solid Leasing Activity
Healthy leasing activity and occupancy levels at its properties drive Federal Realty's Q4 results.
Federal Realty Investment Trust (FRT) Q4 2024 Earnings Call Transcript
Federal Realty Investment Trust (NYSE:FRT ) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Leah Brady - Vice President, Investor Relations Don Wood - Chief Executive Officer Dan Guglielmone - Executive Vice President, Chief Financial Officer and Treasurer Jan Sweetnam - Executive Vice President, Chief Investment Officer Wendy Seher - Executive Vice President, Eastern Region President Conference Call Participants Juan Sanabria - BMO Capital Markets Dori Kesten - Wells Fargo Steve Sakwa - Evercore Jeff Spector - Bank of America Alexander Goldfarb - Piper Sandler Craig Mailman - Citi Haendel Juste - Mizuho Michael Goldsmith - UBS Mike Mueller - J.P. Morgan Greg McGinniss - Scotiabank Ki Bin Kim - Truist Floris Van Dijkum - Compass Point Linda Tsai - Jefferies Omotayo Okusanya - Deutsche Bank Operator Good evening, and welcome to the Federal Realty Investment Trust Fourth Quarter 2024 Earnings Conference Call.
Federal Realty Investment Trust (FRT) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Federal Realty Investment Trust (FRT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Federal Realty Investment Trust (FRT) Matches Q4 FFO Estimates
Federal Realty Investment Trust (FRT) came out with quarterly funds from operations (FFO) of $1.73 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.64 per share a year ago.
What's in Store for Federal Realty in Q4 Earnings Season?
FRT's fourth-quarter results are likely to benefit from the healthy demand for its retail assets, though higher interest expenses may dampen the results.
Gear Up for Federal Realty Investment Trust (FRT) Q4 Earnings: Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Federal Realty Investment Trust (FRT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
