|Bid||122.89 x 800|
|Ask||0.00 x 1000|
|Day's Range||133.98 - 135.55|
|52 Week Range||110.66 - 136.91|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||42.62|
|Forward Dividend & Yield||4.08 (3.04%)|
|1y Target Est||N/A|
Rockville-based Federal Realty Investment Trust (NYSE: FRT) plans to open an outpost in Northern Virginia, a move the company's chief executive says it needs to make to seize on certain opportunities it can't realize without a corporate presence in the commonwealth. The plan surfaces roughly seven months after the company threatened in a letter to then-Montgomery County Executive Ike Leggett and County Council to pull part of its workforce out of Montgomery due to the county's delays in making public improvements in the White Flint area. "But this is a separate business decision, it is about attention being paid to a market that is a dynamic market, where we’re a major player, and where we haven’t done as well as we could." Federal Realty has some ambitious acquisition and development plans for Northern Virginia, Wood said, including the redevelopment of its 19-acre Graham Park Plaza in Falls Church expected to get under way soon.
Federal Realty Investment Trust's (FRT) Q4 performance highlights solid leasing activity and continued growth in property operating income.
The results matched Wall Street expectations. The Rockville, Maryland-based real estate investment trust said it had funds from operations of $117.2 million, or $1.57 per share, in the period. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from operations of $1.57 per share.
Federal Realty Investment Trust (FRT) delivered FFO and revenue surprises of 0.00% and 0.52%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
Federal Realty's (FRT) Q4 results to benefit from portfolio-repositioning efforts, upbeat consumer sales and improving absorption levels despite the choppy retail real estate environment.
While Chimera Investment's (CIM) mortgage backed securities (MBS) portfolio is expected to support results, higher interest rates in Q4 will likely affect its book value.
Gaming and Leisure Properties (GLPI) is expected to have generated stable cash flow from long-term triple-net master leases. Further, it will likely gain from strategic acquisitions.
Despite Tanger Factory Outlet Centers' (SKT) focus on improving tenant mix, amenities and marketing programs, its Q4 results might be affected by store closures, bankruptcies and lease modifications.
Jones Lang LaSalle's (JLL) Q4 results likely to reflect strength across its global regions and rising trend of outsourcing of real estate needs by companies.
CBRE Group (CBRE) will likely gain from improving occupier outsourcing business and strategic buyouts. Nonetheless, investors' cautious approach, trade tensions and political uncertainty remain woes.
As HCP remains focused on reducing its Brookdale-portfolio concentration, we anticipate the company to report lower portfolio occupancy in the fourth quarter.
Fixed-income volatility and elevated concerns over global economies are expected to mar Annaly Capital's (NLY) fourth-quarter results.
Though UDR's Q4 results will likely mirror benefit from favorable demographics, household formation, recovering economy and job-market gains, elevated deliveries of new units remains a drag.
Omega Healthcare (OHI) is likely to experience marginal growth in revenues in fourth-quarter 2018. Its strategic asset-repositioning efforts and capital-deployment measures also augur well.
Macerich's (MAC) Q4 results reflect a decline in minimum rents and tenant recoveries. Its 2019 outlook has been negatively impacted by expectations related to anchor closures and tenant bankruptcies.
Macerich's (MAC) Q4 performance is likely to reflect the choppy environment of the retail real estate market, including store closures and bankruptcy filings.
REITs are back in limelight with a dovish Fed, and growth in the economy translating into greater demand for real estate and higher occupancy levels.
While Digital Realty (DLR) will likely gain from robust industry fundamentals and strategic acquisitions in Q4, aggressive pricing pressure and hike in interest rates remain drags.
Federal Realty Investment (FRT) signs an anchor lease with PUMA for office space at 455 Grand Union Boulevard. It has also announced Phase 3 at its mixed-use development project, Assembly Row.
# Federal Realty Investment Trust ### NYSE:FRT View full report here! ## Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for FRT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $716 million over the last one-month into ETFs that hold FRT are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Positive The current level displays a positive indicator. FRT credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Puma announced Thursday that it plans to move its North American headquarters from Westford to Somerville’s Assembly Row in 2021, thereby consolidating its two area offices and allowing the footwear maker to grow its employee base by 22 percent. Puma will anchor half of a new 300,000-square-foot, 13-story office at 455 Grand Union Blvd. The office is part of Federal Realty Investment Trust’s third development phase at the large mixed-use site, which is already home to the 825,000-square-foot administrative office of Partners HealthCare as well as some 1,000 residential units, a hotel and 500,000 square feet of retail, restaurant and entertainment space including a Trader Joe’s grocery store and an AMC movie theater. “Somerville is a vibrant city full of creative energy, easy to get to, and with a spirit that aligns well with our brand,” said Bob Philion, president and CEO of Puma North America, in a statement.
The developer of the office building rising at Miami’s CocoWalk has signed co-working company Spaces as the anchor tenant. Spaces will lease 42,883 square feet in the five-story building, including 2,029 square feet on the ground floor and most of the space on the second and third floors. The One CocoWalk office building is the ambitious plan by co-owners Federal Realty Investment Trust (NYSE: FRT), Grass River Property and Comras Co. to tear down part of the retail center in the heart of Coconut Grove and invite office tenants to the historic neighborhood.
D.C.-based restaurant chain Matchbox will open in Bethesda Row this summer. The chain said Wednesday it is moving into a 3,000-square-foot space in the Federal Realty Investment Trust (NYSE: FRT) development that was formerly home to American Tap Room, a Thompson Hospitality Corp. concept. Reston-based Thompson acquired a stake in Matchbox Food Group in July, creating a joint venture that shares the ownership and operation of new Matchbox locations.