
Federal Realty Investment Trust (FRT), headquartered in North Bethesda, Maryland, is a self-administered real estate investment trust (REIT). Valued at $9.2 billion by market cap, the company specializes in the ownership, management, development, and redevelopment of prime community and neighborhood shopping centers.
Shares of this shopping center-focused retail REIT have underperformed the broader market over the past year. FRT has declined 5.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 12.9%. However, in 2026, FRT stock is up 3.9%, surpassing the SPX’s marginal fall on a YTD basis.