Washington Prime Group Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Washington Prime Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Washington Prime Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WPG, but not buy additional shares or sell existing shares.
View analyst ratings for Washington Prime Group or view top-rated stocks.

Wall Street analysts have given Washington Prime Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Washington Prime Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Washington Prime Group is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Washington Prime Group.

Washington Prime Group Inc. (NYSE:WPG) posted its earnings results on Monday, May, 10th. The real estate investment trust reported ($2.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.75) by $0.77. Washington Prime Group had a negative net margin of 55.29% and a negative trailing twelve-month return on equity of 60.42%.
View Washington Prime Group's earnings history.

Washington Prime Group's stock was trading at $15.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WPG shares have decreased by 85.4% and is now trading at $2.32.
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Shares of Washington Prime Group reverse split on the morning of Tuesday, December 22nd 2020. The 1-9 reverse split was announced on Friday, December 18th 2020. The number of shares owned by shareholders was adjusted after the market closes on Monday, December 21st 2020. An investor that had 100 shares of Washington Prime Group stock prior to the reverse split would have 11 shares after the split.

23 employees have rated Washington Prime Group CEO Louis Conforti on Glassdoor.com. Louis Conforti has an approval rating of 50% among Washington Prime Group's employees. This puts Louis Conforti in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 44.0% of employees surveyed would recommend working at Washington Prime Group to a friend.

Some companies that are related to Washington Prime Group include Pennsylvania Real Estate Investment Trust (PEI), AG Mortgage Investment Trust (MITT), Western Asset Mortgage Capital (WMC), Cherry Hill Mortgage Investment (CHMI), Maxus Realty Trust (MRTI), New York City REIT (NYC), ACRES Commercial Realty (ACR), Ellington Residential Mortgage REIT (EARN), CIM Commercial Trust (CMCT), Sachem Capital (SACH), Arlington Asset Investment (AAIC), Power REIT (PW), Clipper Realty (CLPR), NexPoint Real Estate Finance (NREF) and Lument Finance Trust (LFT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Prime Group investors own include New Residential Investment (NRZ), Two Harbors Investment (TWO), Chembio Diagnostics (CEMI), CBL & Associates Properties (CBL), Pennsylvania Real Estate Investment Trust (PEI), Prospect Capital (PSEC), Summit Midstream Partners (SMLP), Golar LNG Partners (GMLP), DHT (DHT) and EnLink Midstream (ENLC).

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

Washington Prime Group's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (3.31%), Private Management Group Inc. (2.27%), Lido Advisors LLC (0.59%), Squarepoint Ops LLC (0.53%), LSV Asset Management (0.50%) and Jane Street Group LLC (0.33%). Company insiders that own Washington Prime Group stock include J Taggart Birge, John F Levy, Joshua Lindimore, Louis G Conforti, Robert J Laikin 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 LSV Asset Management, Goldman Sachs Group Inc., Private Management Group Inc., Jane Street Group LLC, Northern Trust Corp, and Mitsubishi UFJ Trust & Banking Corp.
View insider buying and selling activity for Washington Prime Group or view top insider-selling stocks.

WPG stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Squarepoint Ops LLC, Lido Advisors LLC, QS Investors LLC, JPMorgan Chase & Co., Virtu Financial LLC, Morgan Stanley, and Price T Rowe Associates Inc. MD. Company insiders that have bought Washington Prime Group stock in the last two years include J Taggart Birge, John F Levy, Louis G Conforti, and Robert J Laikin.
View insider buying and selling activity for Washington Prime Group or or view top insider-buying stocks.

Shares of WPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WPG stock can currently be purchased for approximately $2.32.

Washington Prime Group has a market capitalization of $56.75 million and generates $524.42 million in revenue each year. The real estate investment trust earns $-219,790,000.00 in net income (profit) each year or $4.41 on an earnings per share basis.

Washington Prime Group employs 717 workers across the globe.

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

Washington Prime Group is headquartered at 180 EAST BROAD STREET, COLUMBUS OH, 43215.

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]