
North Bethesda, Maryland-based Federal Realty Investment Trust (FRT), a leading real estate investment trust (REIT) with a market cap of $9.4 billion, operates within the real estate sector. Specializing in premium retail and mixed-use properties, the company focuses on high-demand, densely populated urban markets across the U.S.
Shares of this real estate investment trust have underperformed the broader market over the past 52 weeks. FRT has gained 18.7% over this time frame, while the broader S&P 500 Index ($SPX) has increased nearly 27%. In 2024, shares of FRT are up 10.8%, compared to SPX’s 16.8% gain on a YTD basis.