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Federal Realty Op Lp (FRT) Stock News

FRT NYSE

Welcome to our dedicated page for Federal Realty Op Lp news (Ticker: FRT), a resource for investors and traders seeking the latest updates and insights on Federal Realty Op Lp stock.

Federal Realty Investment Trust owns, operates and redevelops retail-based real estate as a publicly traded REIT under the FRT symbol. Its news commonly covers quarterly results, portfolio occupancy and leased rates, comparable property operating income, tenant activity, and performance across open-air shopping centers and mixed-use destinations such as Santana Row, Pike & Rose and Assembly Row.

Company updates also include acquisitions of grocery-anchored retail assets, dispositions under capital recycling programs, residential-over-retail redevelopment projects, dividend actions, conference presentations and leadership changes tied to its regional property platform.

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Federal Realty (NYSE:FRT) announced that its operating partnership has priced a private offering of $400 million aggregate principal amount of 3.500% exchangeable senior notes due 2031, with an option for initial purchasers to buy up to an additional $60 million. The notes, offered under Rule 144A, are senior unsecured obligations maturing on August 15, 2031, with interest payable semi-annually starting February 15, 2027.

The initial exchange rate is 7.2179 common shares per $1,000 principal (exchange price about $138.54 per share), a 17.5% premium to the $117.91 closing price on August 6, 2026. Net proceeds are estimated at $392 million (or $451 million if the option is fully exercised), to be used for capped call costs, repayment of indebtedness, and general corporate purposes. Federal Realty and the partnership also entered into capped call transactions with a cap price of approximately $165.07 per share, about 40% above the last reported sale price.

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Federal Realty Investment Trust (NYSE: FRT)/b) announced that its operating partnership, Federal Realty OP LP, has launched a private Offering of aggregate principal amount of exchangeable senior notes due 2031 to qualified institutional buyers under Rule 144A. Initial purchasers are expected to receive an option to buy up to an additional $60 million of notes within 13 days of issuance. The notes will be senior unsecured obligations, pay semi-annual interest, and be exchangeable into cash and, if applicable, cash or Federal Realty common shares, or both, at the Partnership’s election. Net proceeds are intended for capped call costs, repayment of indebtedness and general corporate purposes, including potential temporary repayment of revolving credit facility borrowings.

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Federal Realty Investment Trust (NYSE:FRT) reported second quarter 2026 net income available for common shareholders of $83.7 million, or $0.97 per diluted share, versus $153.9 million, or $1.78, a year earlier, primarily due to a lower gain on sale of real estate and the absence of a prior-year tax credit.

Core FFO was $162.8 million, or $1.88 per diluted share, up 6.8% year-over-year, while Nareit FFO per diluted share declined 1.6% to $1.88 due to one-time income in 2025. The company achieved record leasing, signing 124 comparable retail leases for 819,273 square feet with 15% cash and 28% straight-line rent growth, and reported portfolio occupancy of 93.8% and a leased rate of 96.1%, both higher year-over-year. Federal Realty raised and tightened 2026 EPS guidance to $4.22–$4.30 and Nareit/Core FFO guidance to $7.48–$7.56 per diluted share, increased its quarterly dividend 3% to $1.16 (59th consecutive annual increase), amended its credit facility to $1.4 billion with lower spread and longer maturity, and issued 493,374 common shares via its ATM program for $61.1 million.

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Federal Realty (NYSE:FRT) appointed Paige Pitcher as Senior Vice President, Digital Innovation, effective July 1, 2026. This newly created role reports directly to the CEO and will lead applied AI and technology strategy across leasing, operations, and investment to enhance speed and efficiency.

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Federal Realty (NYSE:FRT) will release its second quarter 2026 earnings before market open on Friday, July 31, 2026. The company will host an earnings conference call at 9:00 AM ET, with live webcast and replay access via its website and telephonic replay through August 14, 2026.

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Federal Realty (NYSE:FRT) will webcast its 2026 Investor Day on Thursday, May 21, 2026, starting at 1:25 PM ET, followed by a live Q&A with executive management.

Written materials and other resources will be available on the webcast site and archived for 30 days.

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Federal Realty (NYSE:FRT) reported first quarter 2026 results for the period ended March 31, 2026, with net income available to common shareholders of $157.1M and earnings per diluted share of $1.81. The quarter included a $92.7M gain on sale of real estate and generated Nareit FFO and Core FFO of $1.88 per diluted share, a 10.6% increase year-over-year. Portfolio metrics: overall occupancy 93.8% and leased rate 96.1%. Leasing: 101 comparable leases for 649,078 sq ft with 13% cash-basis rent growth. Transactions: $159M dispositions and acquisitions totaling $92.0M. Guidance raised: 2026 EPS $3.94–$4.03; Nareit/Core FFO $7.46–$7.55. Dividend: quarterly $1.13 (annualized $4.52).

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Federal Realty Investment Trust (NYSE:FRT) will release first quarter 2026 earnings before market close on Friday, May 1, 2026. The company will host a live conference call at 9:00 AM ET the same day with a webcast on its investor website and telephonic dial-in options. A replay will be available 30 minutes after the call and a telephonic replay accessible through May 15, 2026 (Passcode: 10207838).

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Federal Realty (NYSE:FRT) acquired Congressional North Shopping Center in Montgomery County, Maryland, for $72.3 million on March 16, 2026. The grocery‑anchored asset is adjacent to Federal's Congressional Plaza and comprises ~176,000 square feet of retail on 13 acres.

The center is anchored by Aldi, RH Outlet, Petco, and Staples, and the purchase expands Federal's contiguous control along Rockville Pike (Route 355), strengthening tenancy curation and merchandising across a dense, affluent submarket.

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Federal Realty (NYSE:FRT) highlighted a $400 million residential development pipeline built by layering housing over retail assets. Active projects total 781 units with aggregate estimated cost of $385–411M and blended yields approaching 7%.

The Willow Grove redevelopment will replace ~130,000 sq ft retail with a six-story mixed-use building: 261 units, a 438-space parking structure, and 52,000 sq ft retail; construction is expected to begin in Q2 2026 with estimated delivery in 2028. The company also cites entitlements or near-term entitlements for nearly 3,500 additional residential units across its portfolio.

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FAQ

What is the current stock price of Federal Realty Op Lp (FRT)?

The current stock price of Federal Realty Op Lp (FRT) is $117.94 as of September 2, 2026.

What is the market cap of Federal Realty Op Lp (FRT)?

The market cap of Federal Realty Op Lp (FRT) is approximately 10.3B.