S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
pixel
pixel
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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NYSE:WPG

Washington Prime Group Stock Forecast, Price & News

$6.30
+0.07 (+1.12 %)
(As of 03/2/2021 12:00 AM ET)
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Today's Range
$5.97
Now: $6.30
$6.44
50-Day Range
$6.23
MA: $10.20
$14.90
52-Week Range
$4.41
Now: $6.30
$24.21
Volume493,046 shs
Average Volume840,874 shs
Market Capitalization$131.19 million
P/E RatioN/A
Dividend YieldN/A
Beta1.36
Washington Prime Group Inc. is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties. The Company combines a national real estate portfolio with its expertise across the entire shopping center sector to increase cash flow through rigorous management of assets and provide new opportunities to retailers looking for growth throughout the U.S. Washington Prime Group® is a registered trademark of the Company.
Washington Prime Group logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone614-621-9000
Employees754
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$661.48 million
Cash Flow$15.37 per share
Book Value$3.77 per share

Profitability

Net Income$4.27 million

Miscellaneous

Market Cap$131.19 million
Next Earnings Date3/3/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.21 out of 5 stars

Finance Sector

880th out of 1,940 stocks

Real Estate Investment Trusts Industry

191st out of 273 stocks

Analyst Opinion: 3.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
$6.30
+0.07 (+1.12 %)
(As of 03/2/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Washington Prime Group (NYSE:WPG) Frequently Asked Questions

Is Washington Prime Group a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Prime Group in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than Washington Prime Group?

Wall Street analysts have given Washington Prime Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Washington Prime Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Washington Prime Group?

Washington Prime Group saw a decrease in short interest in the month of February. As of February 12th, there was short interest totaling 1,260,000 shares, a decrease of 30.0% from the January 28th total of 1,800,000 shares. Based on an average trading volume of 773,700 shares, the days-to-cover ratio is currently 1.6 days. Approximately 6.1% of the company's stock are short sold.
View Washington Prime Group's Short Interest
.

When is Washington Prime Group's next earnings date?

Washington Prime Group is scheduled to release its next quarterly earnings announcement on Wednesday, March 3rd 2021.
View our earnings forecast for Washington Prime Group
.

How were Washington Prime Group's earnings last quarter?

Washington Prime Group Inc. (NYSE:WPG) issued its earnings results on Thursday, November, 5th. The real estate investment trust reported ($2.07) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $2.52. Washington Prime Group had a negative trailing twelve-month return on equity of 7.77% and a negative net margin of 8.92%.
View Washington Prime Group's earnings history
.

How has Washington Prime Group's stock been impacted by COVID-19 (Coronavirus)?

Washington Prime Group's stock was trading at $15.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WPG shares have decreased by 60.5% and is now trading at $6.30.
View which stocks have been most impacted by COVID-19
.

When did Washington Prime Group's stock split? How did Washington Prime Group's stock split work?

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.

What price target have analysts set for WPG?

2 brokerages have issued 1 year price targets for Washington Prime Group's shares. Their forecasts range from $9.00 to $9.00. On average, they expect Washington Prime Group's stock price to reach $9.00 in the next year. This suggests a possible upside of 42.9% from the stock's current price.
View analysts' price targets for Washington Prime Group
or view top-rated stocks among Wall Street analysts.

Who are Washington Prime Group's key executives?

Washington Prime Group's management team includes the following people:
  • Mr. Louis G. Conforti, CEO & Director (Age 56, Pay $1.52M)
  • Mr. Mark E. Yale CPA, Exec. VP & CFO (Age 55, Pay $819.94k)
  • Ms. Melissa A. Indest CPA, Exec. VP of Fin. & Chief Accounting Officer (Age 57, Pay $475.61k)
  • Mr. Robert P. Demchak Esq., J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 50, Pay $674.33k)
  • Mr. Joshua P. Lindimore, Exec. VP & Head of Leasing (Age 47, Pay $516.94k)
  • Ms. Cheryl M. VanPatten, Sr. VP & Chief Information Officer
  • Ms. Kimberly A. Green, VP of Investor Relations & Corp. Communications
  • Pagle M. Helterbrand, Sr. VP & Chief Human Resource Officer
  • Lauren Kelly, Sr. VP
  • Amy Jonas, Sr. VP

What is Louis Conforti's approval rating as Washington Prime Group's CEO?

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.

Who are some of Washington Prime Group's key competitors?

What other stocks do shareholders of Washington Prime Group own?

What is Washington Prime Group's stock symbol?

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

Who are Washington Prime Group's major shareholders?

Washington Prime Group's stock is owned by many different institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (5.56%), Private Management Group Inc. (2.74%), BlackRock Inc. (2.40%), Dimensional Fund Advisors LP (0.67%), ExodusPoint Capital Management LP (0.51%) and Jane Street Group LLC (0.44%). 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
.

Which major investors are selling Washington Prime Group stock?

WPG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Charles Schwab Investment Management Inc., Private Management Group Inc., Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Northern Trust Corp, GSA Capital Partners LLP, and Camelot Portfolios LLC. Company insiders that have sold Washington Prime Group company stock in the last year include Joshua Lindimore, and Stephan Gerber.
View insider buying and selling activity for Washington Prime Group
or view top insider-selling stocks.

Which major investors are buying Washington Prime Group stock?

WPG stock was purchased by a variety of institutional investors in the last quarter, including ExodusPoint Capital Management LP, Renaissance Technologies LLC, Gratia Capital LLC, and Ground Swell Capital LLC. 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.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Washington Prime Group's stock price today?

One share of WPG stock can currently be purchased for approximately $6.30.

How much money does Washington Prime Group make?

Washington Prime Group has a market capitalization of $131.19 million and generates $661.48 million in revenue each year. The real estate investment trust earns $4.27 million in net income (profit) each year or $1.18 on an earnings per share basis.

How many employees does Washington Prime Group have?

Washington Prime Group employs 754 workers across the globe.

What is Washington Prime Group's official website?

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

Where are Washington Prime Group's headquarters?

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

How can I contact Washington Prime Group?

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]


This page was last updated on 3/3/2021 by MarketBeat.com Staff

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