Washington Real Estate Investment Trust Stock Forecast, Price & News

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.
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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.
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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.
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Washington Real Estate Investment Trust is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
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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".

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.

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.
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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.

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.

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.

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).
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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).

Washington Real Estate Investment Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRE."

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.

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.
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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.
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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.
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One share of WRE stock can currently be purchased for approximately $21.71.

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.

Washington Real Estate Investment Trust employs 53 workers across the globe.

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.