This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Put Federal Realty in Your Shopping Cart (Correct)

This year Federal Realty (FRT - Get Report) celebrates 50 years of being a proven leader in the ownership, operations, and redevelopment of high-quality retail real estate in the country's best markets. Federal Realty has a portfolio containing about 19.1 million square feet located in strategically selected metropolitan markets in the Northeast and Mid-Atlantic, as well as California.

Federal is considered the "gold standard" REIT as it has paid quarterly dividends to shareholders continuously since its founding in 1962, and has increased its dividend rate for 45 consecutive years, the longest in the REIT industry.

Federal: Proof is in the Latest Results

On the company's earnings call last week, Federal CEO, Don Wood, said:

"Like the first half of the year, third-quarter leasing volume was again off the chart in terms of our historical production. [The company did 100 deals of more than half a million square feet] of comparable space completed in an average rate of $28.43, 11% higher than the $25.63 replaced, that now makes more than 1.3 million sq. ft. of deals in the first nine months of 2012, more than most year's 12 month production and more space than we've ever leased in the nine month period ever. All that volume equates to $4.7 million of incremental rate."

Federal's latest quarter results include earnings per share of $1.12, which included $2.1 million (3 cents a share) of severance charges. Excluding the charges, funds from operations per share of $1.15 was in line with estimates of $1.11 included 4 cents a share of severance charges.
2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AGNC $19.13 -1.19%
ARR $21.37 -0.93%
CIM $14.01 0.72%
FRT $129.08 -2.73%
NLY $10.06 -1.08%

Markets

Chart of I:DJI
DOW 16,528.03 -114.98 -0.69%
S&P 500 1,972.18 -16.69 -0.84%
NASDAQ 4,776.5080 -51.8170 -1.07%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs