Federal Realty Buys Alabama's Premier Retail Destination
Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: REIT Stocks · Real Estate
Sentiment
Neutral
Importance
7
Price
$108.03
Mkt Cap
$9.444B
52W Low
$90.032
52W High
$128.21
52W Position
20% above low
Off High
16% below high
Rel. Volume
1.2× avg
Market data snapshot near publication time
FRT sits 20% above its 52-week low of $90.032.
Summary
Federal Realty has acquired The Summit, a premier retail destination in Alabama, for $508 million ($498 million on a net basis). The deal expands its portfolio of high-quality shopping centers. This follows a strong Q2 with record leasing and a dividend increase. The acquisition adds a marquee asset in a growing market.
At the time of this announcement, FRT was trading at $108.03 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $9.4B. The 52-week trading range was $90.03 to $128.21. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.
Price Chart
FRT - Latest Insights
FRT
Aug 11, 2026, 4:01 PM EDT
Price at Filing:
$116.74
Real-time Price:
$108.03
Change:
-$8.71 (-7%)
Market Cap:
$9.444B
FRT
Aug 06, 2026, 9:01 AM EDT
Price at Filing:
$121.83
Real-time Price:
$108.03
Change:
-$13.80 (-11%)
Market Cap:
$9.444B
FRT
Jul 31, 2026, 7:48 AM EDT
Price at Filing:
$124.09
Real-time Price:
$108.03
Change:
-$16.06 (-13%)
Market Cap:
$9.444B
FRT
Jul 31, 2026, 7:33 AM EDT
Price at Filing:
$124.09
Real-time Price:
$108.03
Change:
-$16.06 (-13%)
Market Cap:
$9.444B
FRT
Jul 31, 2026, 7:30 AM EDT
Price at Filing:
$124.09
Real-time Price:
$108.03
Change:
-$16.06 (-13%)
Market Cap:
$9.444B