NYSE:WPG - Washington Prime Group Stock Price, Forecast & News

Washington Prime Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPG."

Washington Prime Group announced a dividend on Friday, November 8th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.25 per share on Monday, December 16th. The ex-dividend date is Friday, November 29th. View Washington Prime Group's Dividend History.

Washington Prime Group Inc (NYSE:WPG) released its earnings results on Wednesday, October, 23rd. The real estate investment trust reported ($0.02) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.27 by $0.29. The real estate investment trust had revenue of $161.20 million for the quarter, compared to analysts' expectations of $167.65 million. Washington Prime Group had a net margin of 5.72% and a return on equity of 4.61%. The business's revenue for the quarter was down 9.9% on a year-over-year basis. During the same period last year, the company earned $0.37 EPS. View Washington Prime Group's Earnings History.

Washington Prime Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Washington Prime Group.

Washington Prime Group updated its fourth quarter earnings guidance on Wednesday, October, 23rd. The company provided earnings per share guidance of $0.31-0.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.33.

2 equities research analysts have issued 1 year target prices for Washington Prime Group's shares. Their forecasts range from $4.00 to $4.30. On average, they anticipate Washington Prime Group's share price to reach $4.15 in the next year. This suggests a possible upside of 10.4% from the stock's current price. View Analyst Price Targets for Washington Prime Group.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Prime Group in the last year. There are currently 2 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Washington Prime Group.

Headlines about WPG stock have been trending somewhat negative on Friday, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Washington Prime Group earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Washington Prime Group.

Washington Prime Group saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 65,020,000 shares, an increase of 7.6% from the October 31st total of 60,420,000 shares. Based on an average trading volume of 3,520,000 shares, the days-to-cover ratio is currently 18.5 days. Approximately 35.1% of the shares of the stock are sold short. View Washington Prime Group's Current Options Chain.

Some companies that are related to Washington Prime Group include Apollo Commercial Real Est. Finance (ARI), Lexington Realty Trust (LXP), Brandywine Realty Trust (BDN), CYRELA BRAZIL R/S (CYRBY), Empire State Realty Trust (ESRT), Washington Real Estate Investment Trust (WRE), Columbia Property Trust (CXP), Colony Capital (CLNY), Invesco Mortgage Capital (IVR), Acadia Realty Trust (AKR), Great Portland Estates (GPEAF), Retail Opportunity Investments (ROIC), Essential Properties Realty Trust (EPRT), Ladder Capital (LADR) and PennyMac Mortgage Investment Trust (PMT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Prime Group investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Calumet Specialty Products Partners, L.P (CLMT), Two Harbors Investment (TWO), New Residential Investment (NRZ), Summit Midstream Partners (SMLP), Blackrock Capital Investment (BKCC), Novocure (NVCR), Viper Energy Partners (VNOM) and Calamos Global Dynamic Income Fund (CHW).

Washington Prime Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (5.74%), Chilton Capital Management LLC (0.67%), Rhumbline Advisers (0.36%), First Trust Advisors LP (0.35%), Camelot Portfolios LLC (0.30%) and AE Wealth Management LLC (0.21%). Company insiders that own Washington Prime Group stock include Blucher Sheryl G Von, J Taggart Birge, John F Levy, Joshua Lindimore, Louis G Conforti, Robert J Laikin, Robert P Demchak and Stephan Gerber. View Institutional Ownership Trends for Washington Prime Group.

WPG stock was sold by a variety of institutional investors in the last quarter, including Valeo Financial Advisors LLC, Barclays PLC, Squarepoint Ops LLC, Systematic Financial Management LP, Municipal Employees Retirement System of Michigan, Regent Investment Management LLC, Metropolitan Life Insurance Co NY and Chicago Equity Partners LLC. Company insiders that have sold Washington Prime Group company stock in the last year include Joshua Lindimore, Robert P Demchak and Stephan Gerber. View Insider Buying and Selling for Washington Prime Group.

WPG stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Nisa Investment Advisors LLC, State Street Corp, Virtu Financial LLC, Russell Investments Group Ltd., KG&L Capital Management LLC, Voloridge Investment Management LLC and Envestnet Asset Management Inc.. Company insiders that have bought Washington Prime Group stock in the last two years include Blucher Sheryl G Von, J Taggart Birge, John F Levy, Louis G Conforti and Robert J Laikin. View Insider Buying and Selling for Washington Prime Group.

Shares of WPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of WPG stock can currently be purchased for approximately $3.76.

Washington Prime Group has a market capitalization of $701.62 million and generates $723.30 million in revenue each year. The real estate investment trust earns $93.60 million in net income (profit) each year or $1.51 on an earnings per share basis. Washington Prime Group employs 727 workers across the globe.View Additional Information About Washington Prime Group.

The official website for Washington Prime Group is http://www.washingtonprime.com/.

Washington Prime Group's mailing address is 180 EAST BROAD STREET, COLUMBUS OH, 43215. The real estate investment trust can be reached via phone at 614-621-9000 or via email at [email protected]