FRT tops Q2 estimates with strong leasing and occupancy gains, raises the 2025 FFO outlook and hikes its dividend for the 58th year.
Federal Realty Investment Trust (NYSE:FRT ) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants Daniel Guglielmone - Executive VP, CFO & Treasurer Donald C. Wood - CEO, President & Director Jan W.
The headline numbers for Federal Realty Investment Trust (FRT) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Federal Realty Investment Trust (FRT) came out with quarterly funds from operations (FFO) of $1.91 per share, beating the Zacks Consensus Estimate of $1.73 per share. This compares to FFO of $1.69 per share a year ago.
FRT eyes a Q2 earnings beat as premium retail assets, stable rents and grocery-anchored centers fuel growth.
Federal Realty Investment Trust (FRT) boasts high-quality assets in affluent, densely populated markets, supporting strong rent growth and high occupancy rates. FRT maintains robust financials: low leverage, high asset coverage, and strong interest coverage, with a 57-year record of growing dividends. Moody's Baa1 credit rating reflects FRT's solid balance sheet, prudent debt management, and resilient cash flows despite sector risks.
FRT revamps its portfolio with retail buys in Kansas, asset sales in Los Angeles and new housing build in Santana Row.
The company has paid dividends for 57 years with a 4.65% yield and long-term stability. High-quality assets located in affluent areas. Strong financial health through increasing revenue, reducing leverage and maintaining liquidity.
Federal Realty Investment Trust exemplifies consistency, with 56 years of dividend growth and a strong presence in affluent, high-barrier markets. FRT demonstrates solid fundamentals, with strong leasing activity and rising occupancy. FRT's diversified tenant base, strategic acquisitions, and solid balance sheet provide resilience and support ongoing dividend growth.
High quality doesn't have to come at a high price. I highlight 2 moat-worthy stocks that are trading far below historical valuations. Both carry strong operating fundamentals and pay well-covered dividends, resulting in a dislocation between value and price.
I'm targeting value in overlooked sectors, highlighting Merck and Federal Realty as top picks for income and upside potential. Merck offers a low 8.5x PE, a 4.3% yield, a robust drug pipeline, and resilient growth despite Gardasil headwinds and tariff pressures. Federal Realty has premier assets, rising occupancy, low tenant risk, and a 4.5% yield, trading well below historical valuation multiples.
FRT announces the sale of Levare at Santana Row, San Jose, CA, highlighting its efforts to unlock value and deploy capital in long-term accretive investments.