NORTH BETHESDA, Md., Feb. 12, 2026 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today reported its results for the fourth quarter and full year ended December 31, 2025. ...

Company Overview - Federal Realty Investment Trust (NYSE: FRT) is a leading real estate investment trust (REIT) focusing on high-quality retail properties in major coastal markets, known for sustainable growth and community investment [1] - The company has a remarkable record of increasing quarterly dividends for 54 consecutive years, indicating strong financial stability and commitment to shareholders [6] Market Position and Competitors - Federal Realty competes with other retail REITs such as Simon Property Group, Regency Centers, and Kimco Realty [1] - The retail REIT sector is experiencing solid fundamentals, characterized by tight vacancy rates and resilient holiday sales, which supports a positive outlook for Federal Realty [4] Analyst Insights - The consensus price target for FRT has shown a modest increase from $109.27 last year to $110 last month, reflecting a stable or slightly positive outlook from analysts [2] - Analyst Collin Mings from Raymond James has set a price target of $140 for FRT, indicating strong confidence in the company's future performance, which exceeds recent consensus price targets [3][5][6] Upcoming Earnings Report - Federal Realty is expected to announce its Q4 2025 earnings on February 12th, with anticipated earnings of $1.85 per share and revenue of approximately $327.7 million [3][6] - Investors are advised to monitor quarterly earnings reports and news regarding new property developments or acquisitions, as these factors could influence future price targets [5]

Core Insights - Federal Realty Investment Trust (FRT) is scheduled to report its fourth-quarter and full-year 2025 results on February 12, with analysts keen to evaluate its performance in the current economic environment [1][10]. Company Performance - In the last reported quarter, FRT's funds from operations (FFO) per share was $1.77, exceeding the Zacks Consensus Estimate of $1.76, driven by increased comparable property operating income and strong leasing activity [2]. - Over the past four quarters, FRT has surpassed estimates three times, with an average beat of 2.89% [2]. - The Zacks Consensus Estimate for FRT's fourth-quarter revenues is $328.96 million, indicating a 5.63% increase year-over-year, while rental revenues are projected at $323.79 million, up from $303.88 million [8][12]. Market Environment - The U.S. retail real estate market showed signs of stabilization in Q4 2025, supported by steady consumer demand and limited new supply, leading to improved occupancy rates [3][4]. - National retail vacancy was reported at 5.7%, reflecting tighter conditions compared to historical norms, with approximately 3.4 million square feet of net absorption in Q4, marking the strongest quarterly improvement since Q4 2023 [4][5]. Factors Influencing FRT - FRT is expected to benefit from high demand for its quality retail properties in affluent markets, aided by a well-diversified tenant mix and limited new supply in its operating regions [6]. - The company's leased occupancy rate is estimated at 96.3%, with a projected year-over-year rent per square foot increase of 1.1% [7][10]. - FRT's interest expenses are anticipated to rise by 11.1% year-over-year, which may impact performance, although FFO estimates have been revised up to $1.86 per share [9][11]. Full-Year Projections - For the full year, the Zacks Consensus Estimate for FRT's FFO per share is $7.24, reflecting a 6.94% year-over-year increase, with revenues projected to rise by 5.85% [12].

Core Viewpoint - Federal Realty Investment Trust has announced the sale of Misora Apartments for $148.5 million, marking its first significant asset disposition of 2026, contributing to a total of $475 million in recent capital recycling activities at attractive yields [1][2][3]. Group 1: Recent Transactions - The sale of Misora Apartments, a 212-unit Class A residential community, is part of Federal Realty's strategy to prune and reinvest in higher-return opportunities [1][2]. - In addition to Misora, the company sold Courthouse Center, a 33,000-square-foot shopping center in Rockville, Maryland, for $10 million [2]. - These transactions follow a series of asset sales in 2025, including Levare Apartments and Pallas at Pike & Rose, generating nearly $475 million in proceeds at a blended cap rate in the low 5% range [3]. Group 2: Company Strategy and Performance - The company emphasizes a disciplined approach to asset management, focusing on reinvesting in high-value opportunities while maintaining financial flexibility [4]. - Federal Realty is recognized for its long-term sustainable growth strategy, primarily investing in retail-based properties in major coastal markets and underserved regions [4]. - As of September 30, 2025, Federal Realty's portfolio includes 103 properties with approximately 3,600 tenants across 27.9 million commercial square feet and around 3,000 residential units [4]. Group 3: Dividend and Market Position - Federal Realty has a notable track record of increasing quarterly dividends for 58 consecutive years, the longest in the REIT industry [5]. - The company is a member of the S&P 500 index and trades on the NYSE under the symbol FRT [5].

In the case of Federal Realty Investment Trust ( FRT ), the Dividend King has a current yield of 4.4% and expects total growth of 6.8% for the fiscal year. This is mainly due to strong leasing activity.Formerly known as "The Dividend Collectuh." Top 1% of financial experts on TipRanks. Contributing analyst to the iREIT+Hoya Capital investment group. Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is ...

Core Insights - The retail REIT sector is showing signs of stabilization and improvement, with expectations to surpass Q4 2025 earnings estimates due to steady consumer demand and limited supply growth [2][4][6] Retail REIT Performance - Key retail REITs such as Simon Property Group, Regency Centers, Kimco Realty, and Federal Realty Investment Trust are set to report their Q4 results, reflecting the market conditions from late 2025 [3][4] - Cushman & Wakefield's report indicates a positive net absorption of approximately 3.4 million square feet in Q4 2025, marking the strongest quarterly improvement since Q4 2023 [5] Market Conditions - National retail vacancy rates are at 5.7%, indicating tight conditions compared to historical norms, with limited new supply stabilizing occupancy rates [4][6] - Retail real estate fundamentals are expected to maintain steady performance, with vacancy rates projected to remain below 6% into 2026 and rent growth anticipated in the 2-2.5% range [6] Company-Specific Insights - **Simon Property Group**: Expected to report revenues of $1.63 billion for Q4 2025, reflecting a 2.84% year-over-year increase, with a focus on high-quality assets and omnichannel integration [10][11] - **Regency Centers**: Anticipated to report revenues of $398.94 million, a 7.09% increase year-over-year, supported by a well-located portfolio and strong demand for grocery-anchored shopping centers [12][13] - **Kimco Realty**: Projected revenues of $537.59 million for Q4 2025, indicating a 2.32% year-over-year increase, benefiting from a diverse tenant base and focus on mixed-use developments [15][16] - **Federal Realty**: Expected to report revenues of $328.96 million, a 5.63% increase year-over-year, driven by improving demand for premium retail assets and strategic acquisitions [18][19]

Core Insights - The retail REIT sector has stabilized after years of uneven recovery, supported by steady consumer demand and disciplined supply growth, with holiday sales showing resilience [1][3] - Several retail REITs, including Simon Property Group, Regency Centers, Kimco Realty, and Federal Realty Investment Trust, are set to report their fourth-quarter results, which will clarify the impact of late-2025 market conditions on earnings [2] Retail Real Estate Market Conditions in Q4 2025 - Cushman & Wakefield's report indicates strengthening retail demand, with net absorption positive across all major U.S. regions and national retail vacancy at 5.7%, reflecting tight conditions compared to historical norms [3] - Approximately 3.4 million square feet of net absorption was recorded in Q4 2025, marking the strongest quarterly improvement since Q4 2023, with asking rents trending higher to $25.29 per square foot [4] Retail Real Estate Outlook - Retail real estate fundamentals are expected to perform steadily, with vacancy rates projected to remain below 6% into 2026 and rent growth anticipated in the 2-2.5% range [5] Company-Specific Insights Simon Property Group - Simon Property Group has a Zacks Rank of 2 and an Earnings ESP of +0.67%, with an expected revenue of $1.63 billion for Q4 2025, indicating a 2.84% year-over-year increase [8][11] - The company is expected to benefit from high-quality assets and a strategic focus on omnichannel integration and mixed-use developments [9] Regency Centers - Regency Centers holds a Zacks Rank of 2 and an Earnings ESP of +1.11%, with a revenue estimate of $398.94 million for Q4 2025, suggesting a 7.09% increase year-over-year [12][14] - The company’s well-located portfolio and focus on grocery-anchored shopping centers are expected to drive solid demand and leasing activity [13] Kimco Realty - Kimco Realty has a Zacks Rank of 3 and an Earnings ESP of +1.43%, with a revenue estimate of $537.59 million for Q4 2025, indicating a 2.32% year-over-year increase [15][17] - The company benefits from a diverse tenant base and a focus on developing mixed-use assets in strong economic areas [16] Federal Realty Investment Trust - Federal Realty has a Zacks Rank of 3 and an Earnings ESP of +0.90%, with a revenue estimate of $328.96 million for Q4 2025, suggesting a 5.63% increase year-over-year [18][20] - The company is expected to gain from improving demand for its premium retail assets and a focus on value-accretive acquisitions [19]

Core Viewpoint - Federal Realty Investment Trust has announced the federal income tax treatment for 2025 distributions to holders of its Common Shares and Series C Cumulative Redeemable Preferred Shares, detailing the taxable and non-taxable components of the distributions [1]. Common Shares Distribution Summary - The total distribution per share for 2025 is $4.43, with $3.8098 classified as taxable ordinary income and $0.6202 as capital gains [2]. - Quarterly distributions are consistent at $1.10 for the first three quarters, with a slight increase to $1.13 in the fourth quarter [2]. - The breakdown of the ordinary dividend for the year includes $0.9460 per share as taxable ordinary income and $0.1540 as capital gains [2][3]. Series C Cumulative Redeemable Preferred Shares Summary - The total distribution per share for 2025 is $1.25, with $1.0750 as taxable ordinary income and $0.1750 as capital gains [4]. - Each quarterly distribution is set at $0.3125, with $0.26875 classified as taxable ordinary income and $0.04375 as capital gains [4][5]. Capital Gains Disclosure - The company disclosed that 2.4% of capital gain distributions are related to one-year and three-year amounts, while 97.6% of total capital gain distributions are related to Section 1231 gain [3][6]. - No foreign taxes were incurred by the company, and shareholders are advised to consult their tax advisors regarding the specific tax treatment of distributions [6]. Company Overview - Federal Realty is a leader in the ownership and operation of high-quality retail properties, focusing on major coastal markets and underserved regions [8]. - The company has a portfolio of 103 properties, encompassing approximately 3,600 tenants and 27.9 million commercial square feet, along with around 3,000 residential units [8]. - Federal Realty has a record of increasing quarterly dividends for 58 consecutive years, the longest in the REIT industry, and is a member of the S&P 500 index [9].

Core Viewpoint - Federal Realty Investment Trust (NYSE:FRT) is gaining attention as a strong investment opportunity for 2026, highlighted by its capital recycling strategy and positive market sentiment [1][3]. Group 1: Analyst Ratings and Price Targets - Scotiabank has slightly reduced its price target for Federal Realty from $114 to $113 while maintaining an Outperform rating, indicating a cautious but positive outlook ahead of Q4 earnings [2]. - Analysts are increasingly optimistic about Federal Realty, with Jefferies upgrading the stock to Buy and labeling it a top idea for 2026, suggesting it may be overlooked despite challenges in the real estate sector [3]. Group 2: Capital Recycling Strategy - Federal Realty is actively selling mature retail assets to reinvest in higher-quality growth opportunities, exemplified by the sale of a residential building and a grocery-anchored shopping center for approximately $170 million [4]. - The company has also made significant acquisitions, such as the $153.3 million purchase of Village Pointe in Omaha, which hosts notable tenants like Apple, Coach, and Sephora [4]. Group 3: Company Overview - Federal Realty Investment Trust is an equity REIT focused on owning, operating, and redeveloping retail-based real estate, primarily in major coastal markets and select underserved regions with favorable economic and demographic trends [5].

Valuation & Earnings - Federal Realty Investment Trust (FRT) has a gross revenue of $1.20 billion and a net income of $295.21 million, resulting in an earnings per share (EPS) of $3.94 and a price-to-earnings (P/E) ratio of 26.32. In contrast, Phillips Edison & Company, Inc. (PECO) has a gross revenue of $661.39 million, a net income of $62.69 million, an EPS of $0.66, and a P/E ratio of 54.24. This indicates that FRT has higher revenue and earnings compared to PECO and is trading at a lower P/E ratio, making it more affordable [2][3]. Profitability - FRT exhibits a net margin of 27.65%, a return on equity of 11.12%, and a return on assets of 4.01%. In comparison, PECO has a net margin of 11.51%, a return on equity of 3.14%, and a return on assets of 1.58%. This further emphasizes FRT's superior profitability metrics over PECO [4][3]. Analyst Recommendations - FRT has received 0 sell ratings, 8 hold ratings, 8 buy ratings, and 1 strong buy rating, resulting in a rating score of 2.59. PECO has 0 sell ratings, 5 hold ratings, 4 buy ratings, and 0 strong buy ratings, with a rating score of 2.44. The consensus target price for FRT is $110.30, indicating a potential upside of 6.37%, while PECO has a target price of $38.86, suggesting a potential upside of 8.54%. Analysts view PECO as more favorable due to its higher potential upside [6][5]. Volatility & Risk - FRT has a beta of 1.01, indicating that its stock price is 1% more volatile than the S&P 500. Conversely, PECO has a beta of 0.53, suggesting its stock price is 47% less volatile than the S&P 500 [7]. Institutional & Insider Ownership - Institutional investors hold 93.9% of FRT shares, while 80.7% of PECO shares are held by institutional investors. Additionally, 1.0% of FRT shares are held by company insiders compared to 8.0% for PECO. The strong institutional ownership in FRT suggests confidence from large investors in its long-term performance [8]. Dividends - FRT pays an annual dividend of $4.52 per share with a dividend yield of 4.4%, while PECO pays an annual dividend of $1.30 per share with a yield of 3.6%. FRT has a payout ratio of 114.7%, indicating potential concerns about future dividend sustainability, whereas PECO has a payout ratio of 197.0%. FRT has a longer track record of dividend growth, having raised its dividend for 58 consecutive years compared to PECO's 1 year [9]. Summary - Overall, FRT outperforms PECO in 15 out of 18 factors compared, highlighting its stronger financial position and operational metrics [10].