Federal Realty stock reports higher Q2 revenue and raised guidance

Federal Realty stock was trading at USD 110.20 on the NYSE on September 23, 2026 at 1:14 p.m. ET, down 0.24 percent from the prior quote. The retail real estate investment trust delivered Q2 revenue of USD 335.71 million, up 7.8 percent year over year, according to MarketBeat in its Q2 2026 report.

Q2 revenue beat consensus

Federal Realty's Q2 revenue exceeded the USD 331.92 million consensus estimate by USD 3.79 million. Reported diluted EPS was USD 0.97 against a consensus estimate of USD 1.85, while the company generated net income of USD 88.55 million in Q2 2026.

The operating picture was stronger on funds from operations. According to Yahoo Finance, FFO reached USD 1.88 per share in Q2 2026, an increase of 7 percent from the prior year and USD 0.03 above the guidance midpoint.

Leasing supports higher guidance

Federal Realty signed 124 comparable leases covering 819,000 square feet during Q2 2026, with cash rents 15 percent above prior in-place rents. The leasing volume was the highest comparable quarterly total in the company's history, while occupancy stood at 96 percent.

Management raised full-year Core and NAREIT FFO guidance to USD 7.48-7.56 per share. The midpoint of USD 7.52 implies 6.5 percent Core FFO growth versus 2025, and the guidance also includes cash comparable growth of 4 percent to 4.5 percent.

Dividend record remains intact

The quarterly dividend increased to USD 1.16 per share in Q2 2026, extending Federal Realty's annual dividend growth streak to 59 years. The annualized payout is USD 4.64 per share, according to MarketBeat.

Stock stays below yearly high

Federal Realty stock traded at USD 110.20 on the NYSE on September 23, 2026 at 1:14 p.m. ET. Its market capitalization was USD 9,520,089,509, while the 52-week range stood at USD 90.03-128.21. The price therefore remained USD 18.01 below the yearly high of USD 128.21.