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

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$4.42 -0.14 (-3.07 %)
(As of 04/26/2019 01:37 AM ET)
Previous Close$4.56
Today's Range$4.23 - $4.63
52-Week Range$4.23 - $8.44
Volume5.07 million shs
Average Volume2.45 million shs
Market Capitalization$824.13 million
P/E Ratio2.93
Dividend Yield21.93%
Beta1.13
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. Washington Prime Group and Shelby's Sugar Shop are registered trademarks of the Company. Trademark and patent registrations for Tangible are currently pending.

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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$1.7333 per share
Book Value$5.08 per share

Profitability

Net Income$93.60 million

Miscellaneous

Employees727
Market Cap$824.13 million
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

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 Wednesday, February 13th. Investors of record on Monday, March 4th will be paid a dividend of $0.25 per share on Friday, March 15th. This represents a $1.00 dividend on an annualized basis and a yield of 22.62%. The ex-dividend date of this dividend is Friday, March 1st. View Washington Prime Group's Dividend History.

How were Washington Prime Group's earnings last quarter?

Washington Prime Group Inc (NYSE:WPG) issued its quarterly earnings data on Wednesday, April, 24th. The real estate investment trust reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.29 by $0.32. The real estate investment trust earned $168.82 million during the quarter, compared to the consensus estimate of $169.27 million. Washington Prime Group had a return on equity of 9.55% and a net margin of 12.94%. The business's revenue for the quarter was down 4.6% on a year-over-year basis. During the same period last year, the company earned $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, July 24th 2019. View Earnings Estimates for Washington Prime Group.

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

Washington Prime Group updated its FY19 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of $1.16-1.24 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.20. Washington Prime Group also updated its Q2 guidance to $0.25-0.28 EPS.

What price target have analysts set for WPG?

3 analysts have issued twelve-month price targets for Washington Prime Group's stock. Their predictions range from $4.30 to $6.00. On average, they anticipate Washington Prime Group's stock price to reach $5.1667 in the next year. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for Washington Prime Group.

What is the consensus analysts' recommendation for Washington Prime Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Prime Group in the last year. There are currently 3 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?

News stories about WPG stock have been trending somewhat positive on Friday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Washington Prime Group earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term.

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 Camelot Portfolios LLC (0.28%), Valeo Financial Advisors LLC (0.22%), Strs Ohio (0.16%), Virginia Retirement Systems ET AL (0.05%), Nisa Investment Advisors LLC (0.02%) and Virtu Financial LLC (0.01%). Company insiders that own Washington Prime Group stock include Blucher Sheryl G Von, Joshua Lindimore, Louis G Conforti, Robert J Laikin and Robert P Demchak. View Institutional Ownership Trends for Washington Prime Group.

Which institutional investors are selling Washington Prime Group stock?

WPG stock was sold by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL, Strs Ohio and Eqis Capital Management Inc.. Company insiders that have sold Washington Prime Group company stock in the last year include Joshua Lindimore and Robert P Demchak. View Insider Buying and Selling for Washington Prime Group.

Which institutional investors are buying Washington Prime Group stock?

WPG stock was acquired by a variety of institutional investors in the last quarter, including Camelot Portfolios LLC, Valeo Financial Advisors LLC, Virtu Financial LLC, Pennsylvania Trust Co, Pennsylvania Trust Co, Livingston Group Asset Management CO operating as Southport Capital Management, Nisa Investment Advisors LLC and American Asset Management Inc.. Company insiders that have bought Washington Prime Group stock in the last two years include Blucher Sheryl G Von, 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 $4.42.

How big of a company is Washington Prime Group?

Washington Prime Group has a market capitalization of $824.13 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.

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:  181 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  415
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 4/26/2019 by MarketBeat.com Staff

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