Form 8-K · Current report
Federal Realty Investment Trust 8-K, filed Jul 31, 2026
- Filed
- CIK
- 0000034903
- Accession no.
- 0000034903-26-000040
Summary
Federal Realty Investment Trust reported second-quarter 2026 net income available for common shareholders of $83.7 million, or $0.97 per diluted share, down from $153.9 million, or $1.78 per share, a year earlier, a decline the company attributed mainly to a smaller gain on real estate sales and the absence of a one-time tax credit benefit. Core FFO per diluted share rose 6.8% year over year to $1.88, and the trust raised and tightened its 2026 guidance for earnings per diluted share to $4.22–$4.30 and for Nareit FFO and Core FFO per diluted share to $7.48–$7.56.
Key points
- Federal Realty signed 124 comparable retail leases for 819,273 square feet in the quarter — a company record — at average rent of $33.68 per square foot versus $29.23 under prior leases, a 15% cash and 28% straight-line increase.
- Portfolio occupancy was 93.8% and the leased rate 96.1% at quarter end, with occupancy up 20 basis points and the leased rate up 70 basis points year over year.
- The trust increased its regular quarterly cash dividend by 3% to $1.16 per common share, an indicated annual rate of $4.64, its 59th consecutive annual increase.
- President and CEO Donald C. Wood attributed the quarter's leasing and FFO growth to productivity from existing real estate, and the company introduced long-term FFO and AFFO per share growth targets through 2028 at an Investor Day at Santana Row.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. The information under this Item 2.02-Results of Operations and Financial Condition and the exhibits attached hereto, are being furnished and shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information under this Item 2.02 and the exhibits attached hereto shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or under the Exchange Act, regardless of any general incorporation language in such filing. …
An excerpt of the text as filed with the SEC, cut for length.
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