FRT
Federal Realty Investment Trust
FRT's fundamentals are strong: its operating margin rose 5 points to 48% and earnings per share grew 27%. At 22x earnings, it's trading below its usual 28x. Analysts expect earnings growth.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
FRT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
FRT's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like FRT.
OPEN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
OPEN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like OPEN.
FRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 21x | $106 | -5.4% |
| Current | 22x | $113 | — |
| Fair | 28x | $139 | +24% |
| Forward | 37x | $113 | — |
| Expensive | 38x | $191 | +70% |
Historical ranges are pointers, not guarantees.
FRT's PE is in its cheap range at 22x. On analysts' estimates for next year's earnings, today's price would be 37x, in its expensive range.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
FRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Growth | |
| Growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FRT, but weaker profitability.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect OPEN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
FRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.07 | -39% |
| Q3 2026 | $5.01 | +27% |
| Q2 2026 | $4.96 | +26% |
| Q1 2026 | $5.77 | +66% |
| Q4 2025 | $4.68 | +37% |
| Q3 2025 | $3.93 | +14% |
| Q2 2025 | $3.94 | +16% |
| Q1 2025 | $3.48 | +24% |
| Q4 2024 | $3.42 | +22% |
FRT has the edge over OPEN on earnings quality, reporting a profit while its opponent remains loss making.
OPEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.00 | -$1.56 |
| Q2 2026 | -$1.89 | -$1.46 |
| Q1 2026 | -$1.76 | -$1.24 |
| Q4 2025 | -$1.70 | -$1.14 |
| Q3 2025 | -$0.44 | +$0.09 |
| Q2 2025 | -$0.43 | +$0.15 |
| Q1 2025 | -$0.52 | -$0.10 |
| Q4 2024 | -$0.56 | -$0.14 |
OPEN lost $2.00 per share over the past year, and its loss has widened in each of the last five quarters.
FRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $339M | +5.2% |
| Q2 2026 | $335.7M | +7.8% |
| Q1 2026 | $341.1M | +10% |
| Q4 2025 | $336M | +7.9% |
| Q3 2025 | $322.3M | +6.1% |
| Q2 2025 | $311.5M | +5.2% |
| Q1 2025 | $309.2M | +6.1% |
| Q4 2024 | $311.4M | +6.7% |
FRT has the edge over OPEN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 34% | +0.1 points |
| Q2 2026 | 41% | -24 points |
| Q1 2026 | 61% | +26 points |
| Q4 2025 | 54% | +19 points |
| Q3 2025 | 34% | -0.5 points |
| Q2 2025 | 65% | +12 points |
| Q1 2025 | 35% | +0.6 points |
| Q4 2024 | 35% | -2.2 points |
FRT has the edge over OPEN on profitability, with a higher operating margin.
OPEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +12% |
| Q2 2026 | $883M | -44% |
| Q1 2026 | $720M | -38% |
| Q4 2025 | $736M | -32% |
| Q3 2025 | $915M | -34% |
| Q2 2025 | $1.6B | +3.7% |
| Q1 2025 | $1.2B | -2.4% |
| Q4 2024 | $1.1B | +25% |
OPEN's revenue is recovering but still below its 2022 peak: $1B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -11 points |
| Q2 2026 | -16% | -16 points |
| Q1 2026 | -22% | -17 points |
| Q4 2025 | -20% | -12 points |
| Q3 2025 | -7.4% | -2.6 points |
| Q2 2025 | -0.8% | +3.9 points |
| Q1 2025 | -4.9% | +2.5 points |
| Q4 2024 | -8.7% | +4.6 points |
OPEN's operating margin was −18% last quarter, down 11 points from the same quarter a year ago.
FRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $168.7M | +14% |
| Q2 2026 | $153.7M | +2% |
| Q1 2026 | $184.6M | +3.1% |
| Q4 2025 | $144.8M | +21% |
| Q3 2025 | $147.8M | +2.6% |
| Q2 2025 | $150.7M | -11% |
| Q1 2025 | $179M | +27% |
| Q4 2024 | $119.6M | +6.2% |
FRT has the edge over OPEN on cash generation, producing positive trailing cash flow while its opponent burns cash.
OPEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$836M | -294% |
| Q2 2026 | -$723M | -188% |
| Q1 2026 | -$250M | +$33M |
| Q4 2025 | $67M | +$150M |
| Q3 2025 | $432M | +671% |
| Q2 2025 | $821M | +$1.2B |
| Q1 2025 | -$283M | -$97M |
| Q4 2024 | -$83M | +$468M |
OPEN's free cash flow was −$1.7B over the past year, against $887M the year before. Free cash flow isn't a meaningful measure for real estate companies like OPEN.
FRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +375K shares |
| 1 year | +0.7% | +580K shares |
| 3 years | +6.5% | +5.3M shares |
| 5 years | +12% | +9M shares |
| Available history | +16% | +11.8M shares |
FRT has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
OPEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -16.3M shares |
| 1 year | +30% | +220M shares |
| 3 years | +42% | +282M shares |
| 5 years | +61% | +361M shares |
| Available history | +1042% | +866M shares |
OPEN has 949M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
FRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.6x | Elevated |
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 3.1x | Elevated |
| Q4 2025 | 5.0x | High |
| Q3 2025 | 4.2x | High |
| Q2 2025 | 4.2x | High |
| Q1 2025 | 4.6x | High |
| Q4 2024 | 5.4x | High |
FRT's net debt is about 3.6 years of its operating earnings (EBITDA), down from 4.2 years a year ago. Net leverage isn't a meaningful measure for real estate companies like FRT.
OPEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 337.2x | High |
OPEN's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like OPEN.
FRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.1 | Neutral |
| Stochastic | 38.9 | Neutral |
FRT's weekly RSI is 49 (neutral) and its Stochastic is 39 (neutral).
OPEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.6 | Oversold |
| Stochastic | 1.2 | Oversold |
OPEN's weekly RSI is 21 (oversold) and its Stochastic is 1 (oversold).
FRT PE vs Real Estate Sector
| Metric | FRT | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 24x | 6.1% below |
| PE % | 25 | 23 | 2 pts above |
FRT is trading at 22x earnings, in line with the Real Estate sector's median of 24x.
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
FRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $109.2 | 3% above |
| 20 week MA | $115.3 | 2.4% below |
| 50 week MA | $111.5 | 0.9% above |
| 100 week MA | $105.1 | 7% above |
| 200 week MA | $103.6 | 8.6% above |
FRT has the edge over OPEN on trend strength, trading above more of its moving averages.
OPEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.97 | 37% below |
| 20 week MA | $3.00 | 59% below |
| 50 week MA | $4.37 | 72% below |
| 100 week MA | $3.74 | 67% below |
| 200 week MA | $3.13 | 60% below |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
FRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $128.2 | $86.6 | -32% |
| 2021 | $86.6 | $132.4 | +53% |
| 2022 | $132.4 | $102.3 | -23% |
| 2023 | $102.3 | $103.1 | +0.7% |
| 2024 | $103.1 | $111.4 | +8.1% |
| 2025 | $111.4 | $102.4 | -8.1% |
| 2026 YTD | $102.4 | $112.5 | +9.9% |
FRT has the edge over OPEN on returns for 2026, with the stronger performance.
OPEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $27.4 | +150% |
| 2021 | $27.4 | $14.9 | -46% |
| 2022 | $14.9 | $1.02 | -93% |
| 2023 | $1.02 | $4.48 | +339% |
| 2024 | $4.48 | $1.67 | -63% |
| 2025 | $1.67 | $6.01 | +260% |
| 2026 YTD | $6.01 | $1.24 | -79% |
OPEN's yearly returns have swung widely, from +339% in 2023 to −93% in 2022. It's down 79% so far in 2026.