Federal Realty Investment Trust Reports Strong Third Quarter 2026 Results and Guidance Raise
PR Newswire•30/10/2026•07:30 ET
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Key Highlights
- ➤2026 Core FFO guidance raised to $7.54-$7.58 per diluted share
- ➤Q3 Core FFO $1.87 per diluted share, up 5.6% year-over-year
- ➤The Summit acquired for $508.0 million, adding an 870,000-square-foot Birmingham retail center
- ➤117 comparable leases delivered 14% cash rent growth and 25% straight-line growth
- ➤Portfolio leased rate reached 96.5%, up 110 basis points year-over-year
Expert Statements
Donald C. Wood, President and Chief Executive Officer of Federal Realty Investment Trust
“This was a really powerful quarter from a company that uses all the tools in its toolbox to make its portfolio more and more valuable. On the operating side, we delivered strong leasing with materially higher new rents, higher leased occupancy and healthy cash POI growth. On the capital allocation side, we stayed disciplined: share repurchases, incremental development on our existing land and an irreplaceable acquisition. The established skill sets of our team and the strength of our balance sheet were on full display this quarter.”
Federal Realty Investment Trust Reports Strong Third Quarter 2026 Results and Guidance Raise PR Newswire
NORTH BETHESDA, Md., Oct. 30, 2026 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today reported its results for the third quarter ended September 30, 2026. For the three months ended September 30, 2026 and 2025, net income available for common shareholders per diluted share was $0.74 and $0.69, respectively. Operating income for the same periods was $116.9 million and $110.7 million, respectively.
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