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

$3.37
+0.06 (+1.81 %)
(As of 08/22/2019 12:44 PM ET)
Today's Range
$3.33
Now: $3.37
$3.42
50-Day Range
$3.20
MA: $3.57
$3.90
52-Week Range
$3.12
Now: $3.37
$8.12
Volume29,698 shs
Average Volume3.26 million shs
Market Capitalization$628.81 million
P/E Ratio2.24
Dividend Yield29.67%
Beta0.86
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 an investment grade balance sheet, leveraging 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$723.30 million
Cash Flow$1.8216 per share
Book Value$4.27 per share

Profitability

Net Income$93.60 million

Miscellaneous

Employees727
Market Cap$628.81 million
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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Washington Prime Group (NYSE:WPG) Frequently Asked Questions

What is Washington Prime Group's stock symbol?

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

How often does Washington Prime Group pay dividends? What is the dividend yield for Washington Prime Group?

Washington Prime Group announced a quarterly dividend on Friday, August 2nd. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.25 per share on Monday, September 16th. This represents a $1.00 annualized dividend and a dividend yield of 29.59%. The ex-dividend date is Friday, August 30th. View Washington Prime Group's Dividend History.

How were Washington Prime Group's earnings last quarter?

Washington Prime Group Inc (NYSE:WPG) announced its earnings results on Wednesday, April, 24th. The real estate investment trust reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.32. The real estate investment trust had revenue of $168.82 million for the quarter, compared to analyst estimates of $169.27 million. Washington Prime Group had a return on equity of 4.89% and a net margin of 6.27%. Washington Prime Group's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.39 earnings per share. View Washington Prime Group's Earnings History.

When is Washington Prime Group's next earnings date?

Washington Prime Group is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Washington Prime Group.

What guidance has Washington Prime Group issued on next quarter's earnings?

Washington Prime Group issued an update on its FY19 earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of $1.16-1.24 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.14.

What price target have analysts set for WPG?

2 Wall Street analysts have issued 1-year price objectives for Washington Prime Group's shares. Their forecasts range from $4.30 to $5.20. On average, they anticipate Washington Prime Group's share price to reach $4.75 in the next twelve months. This suggests a possible upside of 40.5% from the stock's current price. View Analyst Price Targets for Washington Prime Group.

What is the consensus analysts' recommendation 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.

Has Washington Prime Group been receiving favorable news coverage?

Press coverage about WPG stock has been trending positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Washington Prime Group earned a news impact score of 2.5 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for Washington Prime Group.

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

What other stocks do shareholders of Washington Prime Group own?

Who are Washington Prime Group's key executives?

Washington Prime Group's management team includes the folowing people:
  • Mr. Louis G. Conforti, CEO & Director (Age 54)
  • Mr. Mark E. Yale CPA, Exec. VP & CFO (Age 53)
  • Mr. Robert P. Demchak Esq., J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 48)
  • Mr. Gregory E. Zimmerman, Exec. VP of Devel. (Age 57)
  • Ms. Melissa A. Indest CPA, Exec. VP of Fin. & Chief Accounting Officer (Age 55)

Who are Washington Prime Group's major shareholders?

Washington Prime Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.21%), Vanguard Group Inc. (15.95%), Invesco Ltd. (3.94%), Charles Schwab Investment Management Inc. (2.42%), Northern Trust Corp (2.26%) and Morgan Stanley (2.25%). Company insiders that own Washington Prime Group stock include Blucher Sheryl G Von, J Taggart Birge, Joshua Lindimore, Louis G Conforti, Robert J Laikin, Robert P Demchak 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 JPMorgan Chase & Co., Vanguard Group Inc., Bank of New York Mellon Corp, Chicago Equity Partners LLC, AQR Capital Management LLC, Parametric Portfolio Associates LLC, United Services Automobile Association and Wells Fargo & Company MN. 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.

Which major investors are buying Washington Prime Group stock?

WPG stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Zweig DiMenna Associates LLC, Nuveen Asset Management LLC, Orinda Asset Management LLC, Mackenzie Financial Corp, Morgan Stanley, Chilton Capital Management LLC and AE Wealth Management LLC. Company insiders that have bought Washington Prime Group stock in the last two years include Blucher Sheryl G Von, J Taggart Birge, Louis G Conforti and Robert J Laikin. View Insider Buying and Selling for Washington Prime Group.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Washington Prime Group's stock price today?

One share of WPG stock can currently be purchased for approximately $3.38.

How big of a company is Washington Prime Group?

Washington Prime Group has a market capitalization of $630.67 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.

What is Washington Prime Group's official website?

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

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]


MarketBeat Community Rating for Washington Prime Group (NYSE WPG)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  452
MarketBeat's community ratings are surveys of what our community members think about Washington Prime Group and other stocks. Vote "Outperform" if you believe WPG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WPG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/22/2019 by MarketBeat.com Staff

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