Washington REIT owns and operates uniquely positioned real estate assets in the Washington D.C. market. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. Our portfolio of 48 properties includes approximately 6.1 million square feet of commercial space and 4,268 multifamily apartment units. These 48 properties consist of 19 office properties, 16 retail centers and 13 multifamily properties. Washington REIT shares are publicly traded on the New York Stock Exchange (NYSE:WRE).
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
Phone202-774-3200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$336.89 million
Profitability
Miscellaneous
Employees149
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable
Washington Real Estate Investment Trust (NYSE:WRE) Frequently Asked Questions
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."
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 declared a quarterly dividend on Friday, February 15th. Investors of record on Friday, March 15th will be given a dividend of $0.30 per share on Friday, March 29th. This represents a $1.20 annualized dividend and a dividend yield of 4.29%. The ex-dividend date of this dividend is Thursday, March 14th. View Washington Real Estate Investment Trust's Dividend History.
How were Washington Real Estate Investment Trust's earnings last quarter?
Washington Real Estate Investment Trust (NYSE:WRE) issued its quarterly earnings data on Wednesday, April, 24th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.44. The real estate investment trust had revenue of $83.20 million for the quarter, compared to analysts' expectations of $82.12 million. Washington Real Estate Investment Trust had a net margin of 7.61% and a return on equity of 2.38%. The firm's revenue was down 2.0% compared to the same quarter last year. During the same period last year, the company posted $0.46 earnings per share. View Washington Real Estate Investment Trust's Earnings History.
When is Washington Real Estate Investment Trust's next earnings date?
What guidance has Washington Real Estate Investment Trust issued on next quarter's earnings?
Washington Real Estate Investment Trust issued an update on its FY 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $1.74-1.78 for the period. Washington Real Estate Investment Trust also updated its FY19 guidance to $1.74-$1.78 EPS.
What price target have analysts set for WRE?
4 analysts have issued twelve-month price objectives for Washington Real Estate Investment Trust's stock. Their predictions range from $26.00 to $31.00. On average, they expect Washington Real Estate Investment Trust's stock price to reach $28.6667 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Washington Real Estate Investment Trust.
What is the consensus analysts' recommendation for Washington Real Estate Investment Trust?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Real Estate Investment Trust in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Washington Real Estate Investment Trust.
Has Washington Real Estate Investment Trust been receiving favorable news coverage?
News coverage about WRE stock has been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Washington Real Estate Investment Trust earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.
Are investors shorting Washington Real Estate Investment Trust?
Washington Real Estate Investment Trust saw a decline in short interest during the month of March. As of March 29th, there was short interest totalling 2,264,330 shares, a decline of 50.7% from the March 15th total of 4,590,714 shares. Based on an average daily trading volume, of 771,735 shares, the short-interest ratio is currently 2.9 days. Currently, 2.9% of the company's stock are sold short. View Washington Real Estate Investment Trust's Current Options Chain.
Who are some of Washington Real Estate Investment Trust's key competitors?
Some companies that are related to Washington Real Estate Investment Trust include VICI Properties (VICI), Gaming and Leisure Properties (GLPI), National Retail Properties (NNN), Lamar Advertising (LAMR), Vereit (VER), Kilroy Realty (KRC), SL Green Realty (SLG), Store Capital (STOR), Kimco Realty (KIM), Omega Healthcare Investors (OHI), Liberty Property Trust (LPT), Apartment Investment and Management (AIV), Douglas Emmett (DEI), New Residential Investment (NRZ) and American Homes 4 Rent (AMH).
What other stocks do shareholders of Washington Real Estate Investment Trust own?
Who are Washington Real Estate Investment Trust's key executives?
Washington Real Estate Investment Trust's management team includes the folowing people:
- Mr. Paul T. McDermott, Chairman of Board, Pres & CEO (Age 57)
- Mr. Stephen E. Riffee, Exec. VP & CFO (Age 61)
- Ms. Taryn D. Fielder, Sr. VP, Gen. Counsel & Corp. Sec. (Age 41)
- Mr. Andrew E. Leahy, VP of Investments
- Mr. Wade Drew Hammond, VP, Chief Accounting Officer & Treasurer (Age 44)
Who are Washington Real Estate Investment Trust's major shareholders?
Washington Real Estate Investment Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Resolution Capital Ltd (0.62%), Pennsylvania Trust Co (0.29%), Pennsylvania Trust Co (0.29%), Strs Ohio (0.16%), BNP Paribas Arbitrage SA (0.13%) and Pacific Heights Asset Management LLC (0.12%). View Institutional Ownership Trends for Washington Real Estate Investment Trust.
Which major investors are selling Washington Real Estate Investment Trust stock?
Which major investors are buying Washington Real Estate Investment Trust stock?
WRE stock was acquired by a variety of institutional investors in the last quarter, including Pennsylvania Trust Co, Pennsylvania Trust Co, BNP Paribas Arbitrage SA, Benson Investment Management Company Inc., Louisiana State Employees Retirement System, State of Alaska Department of Revenue, Tibra Equities Europe Ltd and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Washington Real Estate Investment Trust.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Washington Real Estate Investment Trust's stock price today?
One share of WRE stock can currently be purchased for approximately $28.00.
How big of a company is Washington Real Estate Investment Trust?
Washington Real Estate Investment Trust has a market capitalization of $2.24 billion and generates $336.89 million in revenue each year. The real estate investment trust earns $25.63 million in net income (profit) each year or $1.86 on an earnings per share basis. Washington Real Estate Investment Trust employs 149 workers across the globe.
What is Washington Real Estate Investment Trust's official website?
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 real estate investment trust can be reached via phone at 202-774-3200 or via email at [email protected]
MarketBeat Community Rating for Washington Real Estate Investment Trust (NYSE WRE)
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.
