Federal Realty Investment Trust (FRT) is a leading real estate investment trust (REIT) focused on owning, operating, and redeveloping high-quality open-air shopping centers and mixed-use properties across major U.S. coastal markets. The company is headquartered in North Bethesda, Maryland, and has a market cap of around $10.4 billion.
Shares of this REIT have paced very closely with the broader market over the past year. FRT has gained 27.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 27.9%. However, in 2026, FRT stock is up 18.8%, surpassing the SPX’s 9.2% rise on a YTD basis.