Last $145.07 USD
Change Today -0.61 / -0.42%
Volume 182.8K
FRT On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 01/23/15 All times are local (Market data is delayed by at least 15 minutes).

federal realty invs trust (FRT) Snapshot

Open
$146.29
Previous Close
$145.68
Day High
$146.70
Day Low
$144.73
52 Week High
01/23/15 - $146.70
52 Week Low
01/27/14 - $105.77
Market Cap
9.9B
Average Volume 10 Days
285.3K
EPS TTM
$2.47
Shares Outstanding
68.1M
EX-Date
12/30/14
P/E TM
58.7x
Dividend
$3.48
Dividend Yield
2.27%
Current Stock Chart for FEDERAL REALTY INVS TRUST (FRT)

federal realty invs trust (FRT) Related Businessweek News

No Related Businessweek News Found

federal realty invs trust (FRT) Details

Federal Realty Investment Trust operates as a real estate investment trust, which engages in the ownership, management, development, and redevelopment of retail and mixed-use properties. As of June 30, 2005, it owned or had a majority interest in 103 community and neighborhood shopping centers, and retail mixed-use properties (excluding joint venture properties) comprising approximately 17.4 million square feet located primarily in strategic metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, it had 30% interest in approximately 0.5 million square feet of retail space through its joint venture with an affiliate of Clarion Lion Properties Fund, and one apartment complex in Maryland. The company has elected to be taxed as a REIT. As a REIT, it is not subject to federal income tax on taxable income that it distributes to its shareholders. The company was founded in 1962 and is headquartered in Rockville, Maryland.

266 Employees
Last Reported Date: 02/11/14
Founded in 1962

federal realty invs trust (FRT) Top Compensated Officers

Chief Executive Officer, President and Truste...
Total Annual Compensation: $850.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $400.0K
Chief Operating Officer, General Counsel, Exe...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2013.

federal realty invs trust (FRT) Key Developments

Federal Realty Investment Trust Reports Redemption of Its 5.65% Senior Unsecured Notes Due 2016

Federal Realty Investment Trust reported the redemption of its 5.65% Senior Unsecured notes due 2016 for aggregate principal of $125 million which was completed on December 12. The trust reported that the redemption price was determined in accordance with the applicable indenture and was approximately $134.5 million, including $0.2 million of accrued and unpaid interest. The trust further reported that, excluding such accrued and unpaid interest, the redemption price was approximately 107.4% of the principal amount being redeemed.

Federal Realty Investment Trust Announces Redemption of 5.65% Senior Unsecured Notes Due 2016

Federal Realty Investment Trust announced the redemption of its 5.65% Senior Unsecured notes due 2016 (the "Notes") for aggregate principal of $125 million which was completed on December 12, 2014. The redemption price was determined in accordance with the applicable indenture and was approximately $134.5 million, including $0.2 million of accrued and unpaid interest. Excluding such accrued and unpaid interest, the redemption price was approximately 107.4% of the principal amount being redeemed. Also in December 2014, Federal Realty repaid its $61 million mortgage loan on East Bay Bridge due 2016. The notes and mortgage loan were repaid with proceeds from the $250 million 4.5% senior notes issued in November 2014. The total prepayment premium, net of unamortized premiums and debt fees, incurred in the fourth quarter 2014 is approximately $10.5 million.

Federal Realty Announces Completion of Solar Project at Huntington Square Shopping Center

Federal Realty Investment Trust announced the completion and electrification of its solar project at Huntington Square Shopping Center, located in East Northport, New York. As part of the Trust's sustainability efforts within the region, Federal Realty has already completed solar installations at properties in Connecticut, Massachusetts and New Jersey. At Huntington Square and Melville Mall in Melville, New York, Long Island Power Authority and Federal Realty entered into an agreement for LIPA and PSE&G to purchase 100% of the power generated by the rooftop facilities. The project was assisted by the New York State Department of Public Service to ensure timely completion and expand renewable energy capabilities to Long Island.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FRT:US $145.07 USD -0.61

FRT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CBL & Associates Properties Inc $20.49 USD -0.19
Retail Properties of America Inc $18.03 USD -0.18
Tanger Factory Outlet Centers Inc $40.12 USD -0.43
Taubman Centers Inc $83.80 USD -0.90
Macerich Co/The $88.94 USD -1.00
View Industry Companies
 

Industry Analysis

FRT

Industry Average

Valuation FRT Industry Range
No financial data is available for FRT.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FEDERAL REALTY INVS TRUST, please visit www.federalrealty.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.