Valued at a market cap of $9.5 billion, Federal Realty Investment Trust (FRT) is a leading REIT that owns, operates, and redevelops high-quality retail properties in some of the U.S.’s most affluent and supply-constrained markets. The North Bethesda, Maryland-based company’s portfolio includes grocery-anchored shopping centers and large mixed-use destinations such as Santana Row, Pike & Rose, and Assembly Row.
Companies valued between $2 billion and $10 billion are generally classified as “mid-cap stocks," and Federal Realty Investment Trust fits this criterion perfectly. Its diversified tenant base, redevelopment capabilities, and residential-over-retail projects provide additional avenues for growth, while its 59-year streak of consecutive dividend increases underscores its long-standing focus on shareholder returns.
