NYSE:WRE Washington Real Estate Investment Trust Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Washington Real Estate Investment Trust Please log in to your account or sign up in order to add this asset to your watchlist. $21.71 -0.03 (-0.14%) (As of 06/24/2022 12:00 AM ET) Add Compare Share Today's Range$21.71▼$22.0750-Day Range$21.28▼$26.0052-Week Range$21.25▼$26.79Volume695,449 shsAverage Volume566,327 shsMarket Capitalization$1.90 billionP/E Ratio180.92Dividend Yield3.13%Price Target$25.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Washington Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address WRE Stock Forecast (MarketRank)Overall MarketRank™2.04 out of 5 starsFinance Sector755th out of 1,356 stocksReal Estate Investment Trusts Industry161st out of 233 stocksAnalyst Opinion: 2.2Community Rank: 3.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 - 2.2 Analyst's Opinion Consensus RatingWashington Real Estate Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.75, Washington Real Estate Investment Trust has a forecasted upside of 18.6% from its current price of $21.71.Amount of Analyst CoverageWashington Real Estate Investment Trust has received no research coverage in the past 90 days. Previous Next 3.5 Community Rank Outperform VotesWashington Real Estate Investment Trust has received 220 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWashington Real Estate Investment Trust has received 201 “underperform” votes. (Add your “underperform” vote.)Community SentimentWashington Real Estate Investment Trust has received 52.26% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Washington Real Estate Investment Trust and other stocks. Vote “Outperform” if you believe WRE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WRE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldWashington Real Estate Investment Trust pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWashington Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Washington Real Estate Investment Trust is 566.67%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Washington Real Estate Investment Trust will have a dividend payout ratio of 67.33% next year. This indicates that Washington Real Estate Investment Trust will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Washington Real Estate Investment Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Washington Real Estate Investment Trust is held by insiders.Percentage Held by Institutions90.75% of the stock of Washington Real Estate Investment Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Washington Real Estate Investment Trust are expected to grow by 9.78% in the coming year, from $0.92 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Washington Real Estate Investment Trust is 180.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Washington Real Estate Investment Trust is 180.92, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.93.Price to Book Value per Share RatioWashington Real Estate Investment Trust has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Washington Real Estate Investment Trust (NYSE:WRE)WashREIT owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.Read More WRE Stock News HeadlinesJune 24, 2022 | americanbankingnews.comWashington Real Estate Investment Trust (NYSE:WRE) Reaches New 1-Year Low at $21.28June 23, 2022 | finance.yahoo.comWashREIT to Release Second Quarter 2022 Results on Thursday, July 28thJune 16, 2022 | nasdaq.comOversold Conditions For Washington Real Estate Investment Trust (WRE)June 16, 2022 | americanbankingnews.comWashington Real Estate Investment Trust (NYSE:WRE) PT Lowered to $24.00June 15, 2022 | americanbankingnews.comWashington Real Estate Investment Trust (NYSE:WRE) Sets New 52-Week Low Following Analyst DowngradeMay 26, 2022 | finance.yahoo.comWashREIT Welcomes New Board Member, Jennifer BannerMay 6, 2022 | nasdaq.comWashington Real Estate Investment Trust (WRE) Passes Through 3% Yield MarkApril 30, 2022 | seekingalpha.comWashington Real Estate Investment Trust 2022 Q1 - Results - Earnings Call PresentationApril 30, 2022 | seekingalpha.comWashington Real Estate Investment Trust' (WRE) CEO Paul McDermott on Q1 2022 Results - Earnings Call TranscriptApril 27, 2022 | finance.yahoo.comWashREIT Announces First Quarter 2022 Results and Updates Progress on Southeast ExpansionMarch 30, 2022 | nasdaq.comWRE Crosses Above Average Analyst TargetMarch 17, 2022 | finance.yahoo.comWashREIT to Release First Quarter 2022 Results on Wednesday, April 27thFebruary 28, 2022 | finance.yahoo.comWashREIT Promotes Susan Lilly Gerock to Senior Vice President, Chief Information OfficerSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:WRE CUSIP93965310 CIK104894 Webwww.washreit.com Phone(202) 774-3200Fax301-984-9610Employees53Year FoundedN/ACompany Calendar Last Earnings10/28/2021Ex-Dividend for 4/5 Dividend3/22/2022Dividend Payable4/05/2022Ex-Dividend for 7/6 Dividend6/21/2022Today6/26/2022Dividend Payable7/06/2022Next Earnings (Confirmed)7/28/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$25.75 High Stock Price Forecast$29.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+18.6%Consensus RatingHold Rating Score (0-4)2.33333333333333 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.12 Trailing P/E Ratio180.92 Forward P/E Ratio23.60 P/E GrowthN/ANet Income$16.38 million Net Margins5.56% Pretax Margin-30.39% Return on Equity-4.11% Return on Assets-2.69% Debt Debt-to-Equity Ratio0.38 Current Ratio4.72 Quick Ratio4.72 Sales & Book Value Annual Sales$169.15 million Price / Sales11.22 Cash Flow$0.55 per share Price / Cash Flow39.31 Book Value$15.56 per share Price / Book1.40Miscellaneous Outstanding Shares87,430,000Free Float86,552,000Market Cap$1.90 billion OptionableOptionable Beta0.85 Washington Real Estate Investment Trust Frequently Asked Questions Should I buy or sell Washington Real Estate Investment Trust stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Washington Real Estate Investment Trust in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Washington Real Estate Investment Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WRE, but not buy additional shares or sell existing shares. View analyst ratings for Washington Real Estate Investment Trust or view top-rated stocks. What is Washington Real Estate Investment Trust's stock price forecast for 2022? 3 brokerages have issued twelve-month price objectives for Washington Real Estate Investment Trust's stock. Their WRE stock forecasts range from $23.00 to $29.00. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $25.75 in the next year. This suggests a possible upside of 18.6% from the stock's current price. View analysts' price targets for Washington Real Estate Investment Trust or view top-rated stocks among Wall Street analysts. How has Washington Real Estate Investment Trust's stock performed in 2022? Washington Real Estate Investment Trust's stock was trading at $25.85 at the start of the year. Since then, WRE shares have decreased by 16.0% and is now trading at $21.71. View the best growth stocks for 2022 here. When is Washington Real Estate Investment Trust's next earnings date? Washington Real Estate Investment Trust is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022. View our earnings forecast for Washington Real Estate Investment Trust. How can I listen to Washington Real Estate Investment Trust's earnings call? Washington Real Estate Investment Trust will be holding an earnings conference call on Friday, July 29th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "45843". How were Washington Real Estate Investment Trust's earnings last quarter? Washington Real Estate Investment Trust (NYSE:WRE) released its quarterly earnings results on Thursday, October, 28th. The real estate investment trust reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by $0.47. The real estate investment trust had revenue of $42.50 million for the quarter, compared to analyst estimates of $44.44 million. Washington Real Estate Investment Trust had a negative trailing twelve-month return on equity of 4.11% and a net margin of 5.56%. The firm's revenue was down 2.7% compared to the same quarter last year. During the same period last year, the business earned $0.36 earnings per share. View Washington Real Estate Investment Trust's earnings history. How often does Washington Real Estate Investment Trust pay dividends? What is the dividend yield for Washington Real Estate Investment Trust? Washington Real Estate Investment Trust announced a quarterly dividend on Wednesday, April 27th. Investors of record on Wednesday, June 22nd will be paid a dividend of $0.17 per share on Wednesday, July 6th. This represents a $0.68 annualized dividend and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, June 21st. View Washington Real Estate Investment Trust's dividend history. Is Washington Real Estate Investment Trust a good dividend stock? Washington Real Estate Investment Trust(NYSE:WRE) pays an annual dividend of $0.68 per share and currently has a dividend yield of 3.13%. The dividend payout ratio of Washington Real Estate Investment Trust is 566.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Washington Real Estate Investment Trust will have a dividend payout ratio of 67.33% next year. This indicates that Washington Real Estate Investment Trust will be able to sustain or increase its dividend. View Washington Real Estate Investment Trust's dividend history. What guidance has Washington Real Estate Investment Trust issued on next quarter's earnings? Washington Real Estate Investment Trust updated its FY22 earnings guidance on Wednesday, April, 27th. The company provided EPS guidance of $0.87-$0.93 for the period, compared to the consensus estimate of $0.90. Who are Washington Real Estate Investment Trust's key executives? Washington Real Estate Investment Trust's management team includes the following people: Mr. Paul T. McDermott, Chairman of Board, Pres & CEO (Age 60, Pay $2.32M)Mr. Stephen E. Riffee, Exec. VP & CFO (Age 64, Pay $1.25M)Mr. Andrew E. Leahy, VP of InvestmentsMr. Wade Drew Hammond, VP, Chief Accounting Officer, Corp. Sec. & Treasurer (Age 47)Ms. Susan Lilly Gerock, Sr. VP of Information Technology & Chief Information OfficerMs. Amy Hopkins, VP of Investor RelationsMs. Deanna Schmidt, VP of Marketing & CommunicationsMr. Ian Kessler, VP of HRMr. Edward J. Murn IV, Managing Director of Devel. & Multifamily Division (Age 54)Mr. Anthony C. Chang, VP of Asset Management What is Paul T. McDermott's approval rating as Washington Real Estate Investment Trust's CEO? 7 employees have rated Washington Real Estate Investment Trust CEO Paul T. McDermott on Glassdoor.com. Paul T. McDermott has an approval rating of 66% among Washington Real Estate Investment Trust's employees. 68.0% of employees surveyed would recommend working at Washington Real Estate Investment Trust to a friend. Who are some of Washington Real Estate Investment Trust's key competitors? Some companies that are related to Washington Real Estate Investment Trust include Duke Realty (DRE), Vornado Realty Trust (VNO), Spirit Realty Capital (SRC), PS Business Parks (PSB), Cousins Properties (CUZ), LXP Industrial Trust (LXP), American Assets Trust (AAT), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO). View all of WRE's competitors. What other stocks do shareholders of Washington Real Estate Investment Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Real Estate Investment Trust investors own include Realty Income (O), Chemours (CC), AT&T (T), Exxon Mobil (XOM), Verizon Communications (VZ), Cracker Barrel Old Country Store (CBRL), Intel (INTC), Chevron (CVX), Altria Group (MO) and ONEOK (OKE). What is Washington Real Estate Investment Trust's stock symbol? Washington Real Estate Investment Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRE." Who are Washington Real Estate Investment Trust's major shareholders? Washington Real Estate Investment Trust's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (17.92%), Vanguard Group Inc. (15.98%), State Street Corp (6.01%), Northern Trust Corp (1.84%), Charles Schwab Investment Management Inc. (1.46%) and Dimensional Fund Advisors LP (1.37%). View institutional ownership trends for Washington Real Estate Investment Trust. Which institutional investors are selling Washington Real Estate Investment Trust stock? WRE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Bank of America Corp DE, JPMorgan Chase & Co., Ranger Global Real Estate Advisors LLC, Dimensional Fund Advisors LP, and BNP Paribas Arbitrage SA. View insider buying and selling activity for Washington Real Estate Investment Trust or view top insider-selling stocks. Which institutional investors are buying Washington Real Estate Investment Trust stock? WRE stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, First Pacific Advisors LP, Vanguard Group Inc., Highland Capital Management Fund Advisors L.P., Invesco Ltd., Simplex Trading LLC, First Trust Advisors LP, and Evoke Wealth LLC. View insider buying and selling activity for Washington Real Estate Investment Trust or or view top insider-buying stocks. How do I buy shares of Washington Real Estate Investment Trust? Shares of WRE 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 Real Estate Investment Trust's stock price today? One share of WRE stock can currently be purchased for approximately $21.71. How much money does Washington Real Estate Investment Trust make? Washington Real Estate Investment Trust (NYSE:WRE) has a market capitalization of $1.90 billion and generates $169.15 million in revenue each year. The real estate investment trust earns $16.38 million in net income (profit) each year or $0.12 on an earnings per share basis. How many employees does Washington Real Estate Investment Trust have? Washington Real Estate Investment Trust employs 53 workers across the globe. How can I contact Washington Real Estate Investment Trust? Washington Real Estate Investment Trust's mailing address is 1775 EYE STREET NW SUITE 1000, WASHINGTON DC, 20006. The official website for Washington Real Estate Investment Trust is www.washreit.com. The real estate investment trust can be reached via phone at (202) 774-3200, via email at [email protected], or via fax at 301-984-9610. This page (NYSE:WRE) was last updated on 6/26/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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