WP Glimcher Company Profile (NYSE:WPG)

About WP Glimcher

WP Glimcher logoWashington Prime Group Inc., formerly WP Glimcher Inc., is a real estate investment trust (REIT). The Company is engaged in ownership, development and management of retail real estate properties. Washington Prime Group, L.P. (WPG L.P.) is the Company's subsidiary that owns, through its affiliates, the Company's real estate properties and other assets. The Company's assets consist of interests in approximately 120 shopping centers in the United States, consisting of community centers and malls. Its properties consist of approximately 70 million square feet of gross leasable area. The Company also owns parcels of land, which can be used for either the development of shopping centers or the expansion of existing properties. The Company focuses on retail tenant leases, including fixed minimum rent leases, percentage rent leases based on tenants' sales volumes and reimbursements from tenants for certain expenses. The Company's properties are leased to various tenants.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property Management
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: WPG
  • CUSIP:
Key Metrics:
  • Previous Close: $12.38
  • 50 Day Moving Average: $12.97
  • 200 Day Moving Average: $11.35
  • 52-Week Range: $7.41 - $14.15
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 6.80
  • P/E Growth: 0.00
  • Market Cap: $2.29B
  • Outstanding Shares: 185,346,000
  • Beta: 0.93
Profitability:
  • Net Margins: -6.50%
  • Return on Equity: -4.64%
  • Return on Assets: -1.04%
Debt:
  • Debt-to-Equity Ratio: 1.50%
  • Current Ratio: 0.07%
  • Quick Ratio: 0.07%
Additional Links:
Companies Related to WP Glimcher:

Analyst Ratings

Consensus Ratings for WP Glimcher (NYSE:WPG) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $14.25 (15.11% upside)

Analysts' Ratings History for WP Glimcher (NYSE:WPG)
Show:
DateFirmActionRatingPrice TargetDetails
7/15/2016Goldman Sachs Group Inc.DowngradeBuy -> NeutralView Rating Details
4/6/2016Boenning ScattergoodUpgradeUnderperform -> NeutralView Rating Details
1/22/2016SunTrust Banks Inc.DowngradeBuy -> NeutralView Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for WP Glimcher (NYSE:WPG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/4/2016Q216$0.40$0.45$212.97 millionViewListenView Earnings Details
5/4/2016Q116$0.44$0.42$225.07 million$210.03 millionViewListenView Earnings Details
2/25/2016Q415$0.46$0.47$222.42 million$229.40 millionViewListenView Earnings Details
11/2/2015Q315$0.43$0.46$220.24 million$216.97 millionViewN/AView Earnings Details
8/4/2015Q215$0.04$0.48$241.20 million$237.60 millionViewListenView Earnings Details
5/7/2015Q115$0.46$0.47$235.00 million$237.72 millionViewListenView Earnings Details
2/26/2015Q414$0.19$0.22$170.00 million$177.30 millionViewN/AView Earnings Details
11/4/2014Q314$0.24$0.26$169.20 million$167.70 millionViewN/AView Earnings Details
8/8/2014Q214$0.17$0.22$160.60 million$158.18 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for WP Glimcher (NYSE:WPG)
Current Year EPS Consensus Estimate: $1.79 EPS
Next Year EPS Consensus Estimate: $1.82 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.44$0.44$0.44
Q2 20162$0.42$0.44$0.43
Q3 20161$0.45$0.45$0.45
Q4 20162$0.47$0.50$0.49
Q1 20172$0.43$0.44$0.44
Q2 20172$0.44$0.44$0.44
Q3 20172$0.44$0.45$0.45
Q4 20172$0.49$0.49$0.49
Q1 20181$0.43$0.43$0.43
Q2 20181$0.45$0.45$0.45
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for WP Glimcher (NYSE:WPG)
Annual Dividend:$1.00
Dividend Yield:8.08%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-217.39% (Based on Trailing 12 Months of Earnings)
55.87% (Based on Current Year Consensus EPS Estimate)
54.95% (Based on Next Year Consensus EPS Estimate)

Dividend History for WP Glimcher (NYSE:WPG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/30/2016Quarterly$0.259/7/20169/9/20169/22/2016
5/18/2016quarterly$0.2510.22%6/1/20166/3/20166/15/2016
2/25/2016quarterly$0.2511.71%3/3/20163/7/20163/15/2016
11/3/2015quarterly$0.258.1%11/30/201512/2/201512/15/2015
8/4/2015quarterly$0.257.35%9/1/20159/2/20159/15/2015
5/21/2015quarterly$0.257.05%6/1/20156/3/20156/15/2015
2/25/2015special$0.113/4/20153/6/20153/16/2015
12/26/2014special$0.145.83%1/12/20151/14/20151/22/2015
11/4/2014quarterly$0.255.61%11/24/201411/26/201412/15/2014
8/8/2014quarterly$0.258/25/20148/27/20149/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for WP Glimcher (NYSE:WPG)
Insider Ownership Percentage: 0.28%
Institutional Ownership Percentage: 92.85%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/26/2015Niles C OverlyDirectorBuy10,000$13.61$136,100.00View SEC Filing  
6/22/2015Marvin L WhiteDirectorBuy5,000$14.23$71,150.00View SEC Filing  
6/10/2015Jacquelyn R SofferDirectorBuy100,000$13.10$1,310,000.00View SEC Filing  
5/12/2015Robert J LaikinDirectorBuy10,000$14.45$144,500.00View SEC Filing  
12/3/2014Robert J LaikinDirectorBuy10,000$17.07$170,700.00View SEC Filing  
11/20/2014Mark S OrdanCEOBuy10,000$17.13$171,300.00View SEC Filing  
11/19/2014Robert J LaikinDirectorBuy10,000$17.20$172,000.00View SEC Filing  
11/7/2014Mark S OrdanCEOBuy15,000$17.79$266,850.00View SEC Filing  
11/7/2014Robert J LaikinDirectorBuy10,000$17.76$177,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for WP Glimcher (NYSE:WPG)
DateHeadline
investornewswire.com logoShares Of WP Glimcher Inc. (NYSE:WPG) Expected To Hit $12 - Investor Newswire (NYSE:WPG)
www.investornewswire.com - September 25 at 6:17 AM
News IconExpert's Viewpoint for: WP Glimcher Inc. (NYSE:WPG) , SeaWorld Entertainment, Inc. (NYSE:SEAS) - Wall Street Times (press release) (NYSE:WPG)
www.wallstreetnews24.com - September 24 at 6:08 AM
News IconWP Glimcher Inc (WPG) Sees Large Growth in Short Interest - DailyQuint (NYSE:WPG)
dailyquint.com - September 22 at 7:46 PM
News IconStocks within Analyst Limelight: ABB Ltd (NYSE:ABB) , WP Glimcher Inc. (NYSE:WPG) - Wall Street Times (press release) (NYSE:WPG)
www.wallstreetnews24.com - September 21 at 11:57 AM
finance.yahoo.com logoREIT Stocks in Free Fall, Thanks to Rate Hike Speculation (NYSE:WPG)
finance.yahoo.com - September 19 at 7:59 PM
News IconWP Glimcher Inc (NYSE:WPG) Receives Consensus Rating of “Hold” from Brokerages - DailyQuint (NYSE:WPG)
dailyquint.com - September 17 at 6:12 AM
finance.yahoo.com logoOlshan Properties Welcomes Kenneth J. Marshall as Head of Retail (NYSE:WPG)
finance.yahoo.com - September 15 at 11:55 AM
capitalcube.com logoWashington Prime Group, Inc. breached its 50 day moving average in a Bearish Manner : WPG-US : September 13, 2016 (NYSE:WPG)
www.capitalcube.com - September 14 at 12:31 PM
News IconClassen Curve eyes expansion of shopping center (NYSE:WPG)
newsok.com - September 9 at 7:43 PM
News IconUpcoming Earnings Report: WP GLIMCHER Inc. (NYSE:WPG ... - The Voice Registrar (NYSE:WPG)
voiceregistrar.com - September 9 at 6:13 AM
News IconOwners of two Dayton-area malls changes name (NYSE:WPG)
www.daytondailynews.com - September 7 at 8:12 PM
News IconFinancial Stocks To Look Out For: The Allstate Corporation (ALL), WP GLIMCHER Inc. (WPG) - The Independent Republic (NYSE:WPG)
theindependentrepublic.com - September 7 at 12:02 PM
News IconFinancial Stocks Worth Chasing: WP GLIMCHER Inc. (WPG), MasterCard Incorporated (MA) - The Independent Republic (NYSE:WPG)
theindependentrepublic.com - September 5 at 7:01 PM
istreetwire.com logoWorth Watching Stocks: WP GLIMCHER (WPG), DSW (DSW ... - iStreetWire (NYSE:WPG)
istreetwire.com - September 3 at 6:04 AM
News IconWP GLIMCHER Inc.'s (WPG): Intraday Mover - Hot Stocks Point (NYSE:WPG)
www.hotstockspoint.com - September 3 at 6:04 AM
capitalcube.com logoETF’s with exposure to Washington Prime Group, Inc. : September 2, 2016 (NYSE:WPG)
www.capitalcube.com - September 2 at 7:56 PM
bizjournals.com logoGlimcher name dropped as mall operator rebrands as 'Washington Prime Group' (NYSE:WPG)
www.bizjournals.com - September 1 at 8:06 PM
News IconWP GLIMCHER Inc. (NYSE:WPG) Near to Lift Curtain on September 2016 Earnings - The Voice Registrar (NYSE:WPG)
voiceregistrar.com - August 31 at 6:27 AM
streetinsider.com logoForm 8-K WP Glimcher Inc. For: Aug 19 - StreetInsider.com (NYSE:WPG)
www.streetinsider.com - August 22 at 8:14 PM
biz.yahoo.com logoWP GLIMCHER INC. Files SEC form 8-K, Other Events (NYSE:WPG)
biz.yahoo.com - August 22 at 8:14 PM
investornewswire.com logoWill WP Glimcher Inc. (NYSE:WPG) Hit $12 Price Target? - Investor Newswire (NYSE:WPG)
www.investornewswire.com - August 20 at 7:46 PM
4-traders.com logoWP GLIMCHER INC. : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:WPG)
www.4-traders.com - August 19 at 8:03 PM
biz.yahoo.com logoWP GLIMCHER INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events, F (NYSE:WPG)
biz.yahoo.com - August 19 at 8:03 PM
News IconTop Earnings to Watch for: WP GLIMCHER Inc. (NYSE:WPG) - The Voice Registrar (NYSE:WPG)
voiceregistrar.com - August 16 at 8:23 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Macy's, Simon Property Group, WP GLIMCHER, Pennsylvania Real Estate Investment Trust and General Growth Properties (NYSE:WPG)
finance.yahoo.com - August 15 at 10:20 AM
finance.yahoo.com logoWP GLIMCHER INC. Financials (NYSE:WPG)
finance.yahoo.com - August 13 at 7:45 PM
capitalcube.com logoETF’s with exposure to WP GLIMCHER, Inc. : August 12, 2016 (NYSE:WPG)
www.capitalcube.com - August 12 at 8:26 PM
capitalcube.com logoWP GLIMCHER, Inc. :WPG-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NYSE:WPG)
www.capitalcube.com - August 11 at 11:46 AM
tradecalls.org logoShares of WP Glimcher (WPG) Sees Large Outflow of Money - Trade Calls (NYSE:WPG)
www.tradecalls.org - August 10 at 11:34 AM
streetupdates.com logoAnalysts Ranking Activities: WP Glimcher Inc. (NYSE:WPG) , Huntington Bancshares Incorporated (NASDAQ:HBAN) - Street Updates (NYSE:WPG)
www.streetupdates.com - August 10 at 11:34 AM
News IconSecurities Analyst Recommendations: Diamond Resorts International, Inc. (NYSE:DRII), WP GLIMCHER Inc. (NYSE ... - TWN (NYSE:WPG)
thewellesleysnews.com - August 9 at 11:48 AM
finance.yahoo.com logoEdited Transcript of WPG earnings conference call or presentation 4-Aug-16 3:00pm GMT (NYSE:WPG)
finance.yahoo.com - August 5 at 11:24 AM
moodys.com logoMoody's Affirms Seven Classes of COMM 2015-CCRE25 (NYSE:WPG)
www.moodys.com - August 5 at 11:24 AM
News Icon3 Good REITs to Buy to Earn High Yields (NYSE:WPG)
portal.kiplinger.com - August 5 at 11:24 AM
News IconHot Line At Active Movers- Inovio Pharmaceuticals (NASDAQ:INO), WP GLIMCHER (NYSE:WPG), Dish Network ... - Seneca Globe (NYSE:WPG)
www.senecaglobe.com - August 4 at 8:47 PM
finance.yahoo.com logoWP Glimcher Reports Second Quarter 2016 Results - Yahoo Finance (NYSE:WPG)
finance.yahoo.com - August 4 at 8:47 PM
biz.yahoo.com logoWP GLIMCHER INC. Files SEC form 10-Q, Quarterly Report (NYSE:WPG)
biz.yahoo.com - August 4 at 8:47 PM
biz.yahoo.com logoQ2 2016 WP Glimcher Inc Earnings Release - Time Not Supplied (NYSE:WPG)
biz.yahoo.com - August 4 at 11:36 AM
biz.yahoo.com logoWP Glimcher Inc Earnings Call scheduled for 11:00 am ET today (NYSE:WPG)
biz.yahoo.com - August 4 at 11:36 AM
businesswire.com logoWP Glimcher Reports Second Quarter 2016 Results (NYSE:WPG)
www.businesswire.com - August 3 at 8:42 PM
twst.com logoWP Glimcher Inc.: WP Glimcher Reports Second Quarter 2016 Results (NYSE:WPG)
www.twst.com - August 3 at 8:42 PM
sg.finance.yahoo.com logoWP Glimcher reports 2Q results (NYSE:WPG)
sg.finance.yahoo.com - August 3 at 8:42 PM
fortune.com logoNotable Analyst Coverage: Interval Leisure Group, Inc. (NASDAQ:IILG), WP Glimcher Inc (NYSE:WPG) - Review Fortune (NYSE:WPG)
reviewfortune.com - July 28 at 11:41 AM
bizjournals.com logoPolaris update: La Senza, preppy clothes, new food coming this fall (NYSE:WPG)
www.bizjournals.com - July 27 at 11:31 AM
istreetwire.com logoStocks Under Review: The Kraft Heinz Company (KHC) WP GLIMCHER Inc. (WPG) Equity Residential (EQR) - iStreetWire (NYSE:WPG)
istreetwire.com - July 25 at 8:29 PM
investornewswire.com logoIs $12 Price Target Attainable For WP Glimcher Inc. (NYSE:WPG)? - Investor Newswire (NYSE:WPG)
www.investornewswire.com - July 24 at 6:11 AM
tradecalls.org logoGoldman Sachs Downgrades WP Glimcher Inc to Neutral - Trade Calls (NYSE:WPG)
www.tradecalls.org - July 22 at 11:12 AM
News IconAttention Grasping Stock With Upward Momentum: WP GLIMCHER Inc. (NYSE:WPG) - TGP (NYSE:WPG)
telanaganapress.com - July 22 at 11:12 AM
fortune.com logoWhich way WP GLIMCHER Inc. (NYSE:WPG) insiders are heading - Review Fortune (NYSE:WPG)
reviewfortune.com - July 20 at 9:25 PM
nasdaq.com logoInteresting WPG Call Options For September 16th (NYSE:WPG)
www.nasdaq.com - July 20 at 11:10 AM

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WP Glimcher (NYSE:WPG) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff