Washington Prime Group (WPG) Stock Price, News & Analysis

Washington Prime Group Inc. (NYSE:WPG) announced its quarterly earnings data on Monday, August, 9th. The real estate investment trust reported ($4.26) earnings per share for the quarter, missing analysts' consensus estimates of ($2.16) by $2.10. Washington Prime Group had a negative net margin of 56.22% and a negative trailing twelve-month return on equity of 80.65%.

Washington Prime Group shares 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 closing bell on Monday, December 21st 2020. An investor that had 100 shares of stock prior to the reverse split would have 11 shares after the split.

23 employees have rated Washington Prime Group Chief Executive Officer Louis Conforti on Glassdoor.com. Louis Conforti has an approval rating of 50% among the company'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.

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).