US · USD
FRT
Federal Realty Investment Trust
- Day's range
- $105.78 – $107.16
- Day's volume
- $66.1M
- 52-week range
- $90.97 – $125.77
Follow FRT in the Fuolio
See how FRT weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountFRT in numbers
- Market cap
- $9.2B
- P/E
- 18.12
- P/B
- 2.77
- Dividend yield (12m)
- 4.28%
The 12-month dividend yield of FRT is 4.28%, above its 5-year average of 3.97%.
FRT price history
FRT risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +12.17% | +26.21% | +6.93% |
| Volatility (annualized) | 16.43% | 15.49% | 21.60% |
| Largest drawdown | -13.49% | -18.36% | -31.77% |
| Positive months | 7/12 | 18/36 | 29/60 |
How much did investing in FRT return?
$1,000.00 invested on 11/01/2021 would be worth $1,069.34 today.
- Value today in FRT
- $1,069.34
- Return over the period
- +6.93%
- Return per year
- +1.37%
- In the S&P 500
- $1,712.05
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
FRT fundamentals
Valuation
- P/E18.12
- P/B2.77
- EV/EBITDA8.47
- EV/EBIT13.05
- EV/Revenue7.00
- P/EBIT13.05
- P/S7.00
- P/OCF14.61
- P/FCF—
- Earnings yield7.66%
- PEG ratio—
- Earnings per share$5.86
- Book value per share$38.33
Efficiency
- Gross margin—
- EBITDA margin82.63%
- Operating margin53.63%
- Net margin38.63%
- Asset turnover0.14
Profitability
- ROE15.29%
- ROA5.57%
- ROIC14.01%
- Payout77.62%
Growth
- Revenue CAGR (5 years)9.78%
- Earnings CAGR (5 years)32.25%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is FRT's fair price?
Two classic value formulas, with today's numbers. The current price is $106.20.
- Graham's fair price
- $71.10
- 33.05% below the price
√(22.50 × $5.86 × $38.33)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $72.23
- 31.98% below the price
$4.33 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
FRT's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | — | 32.72 | 36.09 | 21.32 | 40.98 | 49.60 | 27.52 | 36.29 |
| P/B | — | 3.05 | 2.89 | 2.78 | 4.15 | 2.65 | 3.84 | 3.74 |
| EV/EBITDA | — | 17.22 | 17.74 | 15.06 | 21.67 | 18.44 | 18.27 | 19.62 |
| Dividend yield | 4.39% | 3.90% | 4.20% | 4.25% | 3.12% | 4.95% | 3.19% | 3.41% |
| Earnings per share | — | $3.42 | $2.86 | $4.74 | $3.33 | $1.72 | $4.68 | $3.25 |
| Book value per share | — | $36.76 | $35.71 | $36.31 | $32.83 | $32.11 | $33.51 | $31.55 |
| ROE | 12.65% | 9.31% | 8.00% | 13.05% | 10.13% | 5.34% | 13.96% | 10.31% |
| ROIC | 4.90% | 4.13% | 3.66% | 4.82% | 4.02% | 3.20% | 5.38% | 4.37% |
| EBITDA margin | 75.85% | 67.77% | 64.32% | 77.14% | 70.93% | 65.18% | 75.94% | 66.18% |
| Net margin | 32.14% | 24.55% | 20.93% | 35.88% | 27.49% | 15.76% | 37.81% | 26.43% |
| Net debt/EBITDA | 5.01 | 5.37 | 5.99 | 5.14 | 5.78 | 6.45 | 4.56 | 5.13 |
FRT's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $1.3B | $1.2B | $1.1B | $1.1B | $951.2M | $835.5M |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | $970M | $815M | $728.2M | $828.8M | $674.7M | $544.6M |
| EBIT | $602.2M | $472.4M | $406.5M | $526.4M | $394.7M | $289.5M |
| Financial result | — | — | — | — | — | — |
| Income before tax | — | — | — | — | — | — |
| Income tax | — | — | — | — | — | — |
| Net income | $411.1M | $295.2M | $237M | $385.5M | $261.5M | $131.7M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does FRT pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/30/2026 | 10/15/2026 | $1.16 |
Dividend yield per year
- 2.97%2017
- 3.41%2018
- 3.19%2019
- 4.95%2020
- 3.12%2021
- 4.25%2022
- 4.20%2023
- 3.90%2024
- 4.39%2025
- 3.19%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/30/2026 | 07/15/2026 | $1.13 |
| Dividend | 03/31/2026 | 04/15/2026 | $1.13 |
| Dividend | 01/01/2026 | 01/15/2026 | $1.13 |
| Dividend | 09/30/2025 | 10/15/2025 | $1.13 |
| Dividend | 06/30/2025 | 07/15/2025 | $1.10 |
| Dividend | 03/31/2025 | 04/15/2025 | $1.10 |
| Dividend | 01/01/2025 | 01/15/2025 | $1.10 |
| Dividend | 09/30/2024 | 10/15/2024 | $1.10 |
| Dividend | 06/20/2024 | 07/15/2024 | $1.09 |
| Dividend | 03/11/2024 | 04/15/2024 | $1.09 |
| Dividend | 12/28/2023 | 01/16/2024 | $1.09 |
| Dividend | 09/20/2023 | 10/16/2023 | $1.09 |
See all 39 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/20/2023 | 07/17/2023 | $1.08 |
| Dividend | 03/09/2023 | 04/17/2023 | $1.08 |
| Dividend | 12/29/2022 | 01/17/2023 | $1.08 |
| Dividend | 09/20/2022 | 10/17/2022 | $1.08 |
| Dividend | 06/20/2022 | 07/15/2022 | $1.07 |
| Dividend | 03/14/2022 | 04/15/2022 | $1.07 |
| Dividend | 12/30/2021 | 01/18/2022 | $1.07 |
| Dividend | 09/20/2021 | 10/15/2021 | $1.07 |
| Dividend | 06/18/2021 | 07/15/2021 | $1.06 |
| Dividend | 03/12/2021 | 04/15/2021 | $1.06 |
| Dividend | 12/30/2020 | 01/15/2021 | $1.06 |
| Dividend | 09/18/2020 | 10/15/2020 | $1.06 |
| Dividend | 06/18/2020 | 07/15/2020 | $1.05 |
| Dividend | 03/12/2020 | 04/15/2020 | $1.05 |
| Dividend | 12/30/2019 | 01/15/2020 | $1.05 |
| Dividend | 09/19/2019 | 10/15/2019 | $1.05 |
| Dividend | 06/19/2019 | 07/15/2019 | $1.02 |
| Dividend | 03/12/2019 | 04/15/2019 | $1.02 |
| Dividend | 12/28/2018 | 01/15/2019 | $1.02 |
| Dividend | 09/19/2018 | 10/15/2018 | $1.02 |
| Dividend | 06/20/2018 | 07/16/2018 | $1.00 |
| Dividend | 03/12/2018 | 04/16/2018 | $1.00 |
| Dividend | 12/28/2017 | 01/16/2018 | $1.00 |
| Dividend | 09/20/2017 | 10/16/2017 | $1.00 |
| Dividend | 06/19/2017 | 07/17/2017 | $0.98 |
| Dividend | 03/09/2017 | 04/17/2017 | $0.98 |
| Dividend | 12/28/2016 | 01/17/2017 | $0.98 |
About Federal Realty Investment Trust
- Sector
- Finance, insurance and real estate
Questions about FRT
How much is FRT today?
FRT is at $106.20 (0.22% on the day), last traded on 10/06/2026.
How much did FRT pay in dividends in 2025?
FRT paid $4.43 per share in 2025, a dividend yield of 4.39%.
When is the next FRT dividend?
The next announced payment is $1.16 per share on 10/15/2026.
What are the P/E and P/B of FRT?
FRT trades at a P/E of 18.12 and a P/B of 2.77.
How much did FRT return in 12 months?
FRT returned 12.17% in 12 months, with annualized volatility of 16.43% and a largest drawdown of -13.49%.