Federal Realty raises 2026 FFO guidance after 5.6% third-quarter growth
Filed with the SEC on · Summarized by InvestorsBot
Federal Realty reported third-quarter 2026 net income of $64.2 million, or $0.74 per diluted share, while Nareit and Core FFO rose 5.6% year over year to $1.87 per diluted share. The REIT raised and narrowed its 2026 Nareit and Core FFO guidance to $7.54-$7.58 per share, acquired The Summit retail center in Birmingham, Alabama, for $508 million on October 1, and declared a quarterly common dividend of $1.16 per share payable January 15, 2027.