FEDERAL REALTY INVESTMENT TRUST · REIT (real estate trust)

FRT

Low riskNext report: In 3 days (est.)

View price ↗

The short version

A profitable company with growing sales. Institutions are adding.

Going well

Sales up 10% in the latest quarter vs a year ago
Raised its dividend (4.1% yield)
Profitable every year for 10 years

Money moves

Insiders sold $163K in the last 30 days
Institutions added 9.7% to their holdings in the quarter ending June 2026 (350 bought, 210 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$109.27+0.5% that day

Company value: $9.4B; Share price times all shares
Price vs profit (P/E): 19.0x; You pay about $19 for each $1 of yearly profit
Price vs sales: 7.2x; Company value is 7.2 times a year of sales
Dividend yield: 4.1%; Yearly dividend as a share of today's price
Cash vs value: 1%; Cash as a share of company value
Debt vs value: 53%; Debt as a share of company value

From FRT's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Mar '26

$341.1M+10% vs a year earlier

Jun '23Tap a barMar '26

Last 12 months: $1.3B, up 7.4% from the 12 months before. Over 5 years, sales grew about 8.9% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of FRT. Starting points are the company's recent numbers.

Sales growth+7% a yearRecently: +7.4% a yearProfit margin39%Last 12 months: 38.6%P/E at the end19xToday: 19.0x. Many steady companies trade at 12x to 25xShare count change+2% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$1.8B

Profit in 5 years$717M

Price these guesses point to$142.84+31% vs $109.27 todayAbout +5.5% a year, before dividends

What today's price needs: with a 39% margin and a 19x P/E, sales would have to grow about 1.4% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

3/6Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.12.8%
MissDebt under half of equityNot relying on borrowed money.1.53x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.32.1%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$622.4M
MissShare count not growingNot diluting owners. Falling means buybacks.+7.3% in 3 years

Revenue: $1.3B; +6.4% vs prior year
5-year growth: +8.9%/yr; revenue, per year
Total debt: $5.0B; 1.53x equity
Free cash flow: $622.4M; 48.7% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Mar 31, 2026

Reported Jul 31

Revenue: $341.1M; +10.3% YoY
EPS: $1.81; vs $0.72
Op. margin: 61.3%; +26.3 pts
Free cash flow: $184.6M
Share count: +1.4%; vs a year ago

Insider rating

Last 90 days

38Selling

1 insider sold $163K (not pre-planned)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 0.5
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+9.7%

Institutions added 9.7% to their holdings. 350 bought, 210 sold.

Shares held by institutions85.5M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+2.0%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.4x · $1.4B debt

Shares outstandingLatest reported

86M

Why low risk

1 offering filing in 6 months (may sell new shares)

Earnings reports

Last 12

Next reportIn 3 days (est.)Estimated from the same quarter last year

Results filedJul 31
Results filedMay 1
Results filedFeb 12
Results filedOct 31, 2025
Results filedAug 6, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Aug 12 · View filing ↗Big holder Major agreementAug 11 · View filing ↗Offering

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$163K1 insider, 0 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Nicole Lamb-haleDirector	Sell	2K	$108.89	$163K	5K	Sep 30Filing ↗
-24.5% of their holdings $108.85 to $108.96 across 10 trades Not a pre-planned sale Filed 1 day after