NYSE:WRE

Washington Real Estate Investment Trust Stock Forecast, Price & News

$23.58
-0.42 (-1.75 %)
(As of 08/3/2021 12:00 AM ET)
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Today's Range
$23.54
$24.06
50-Day Range
$22.56
$26.95
52-Week Range
$16.95
$27.05
Volume618,847 shs
Average Volume580,242 shs
Market Capitalization$1.99 billion
P/E RatioN/A
Dividend Yield4.94%
Beta0.92
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Washington Real Estate Investment Trust logo

About Washington Real Estate Investment Trust

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.

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MarketRank

Overall MarketRank

1.59 out of 5 stars

Finance Sector

945th out of 1,320 stocks

Real Estate Investment Trusts Industry

197th out of 219 stocks

Analyst Opinion: 1.0Community Rank: 3.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
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Washington Real Estate Investment Trust (NYSE:WRE) Frequently Asked Questions

Is Washington Real Estate Investment Trust a buy 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 3 hold ratings 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 stocks does MarketBeat like better than Washington Real Estate Investment Trust?

Wall Street analysts have given Washington Real Estate Investment Trust a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Washington Real Estate Investment Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Washington Real Estate Investment Trust?

Washington Real Estate Investment Trust saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,690,000 shares, an increase of 44.6% from the June 15th total of 1,860,000 shares. Based on an average trading volume of 726,900 shares, the days-to-cover ratio is presently 3.7 days. Approximately 3.2% of the company's shares are sold short.
View Washington Real Estate Investment Trust's Short Interest
.

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, November 4th 2021.
View our earnings forecast for Washington Real Estate Investment Trust
.

How were Washington Real Estate Investment Trust's earnings last quarter?

Washington Real Estate Investment Trust (NYSE:WRE) posted its earnings results on Thursday, July, 29th. The real estate investment trust reported ($0.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.17. Washington Real Estate Investment Trust had a negative trailing twelve-month return on equity of 2.30% and a negative net margin of 7.88%.
View Washington Real Estate Investment Trust's earnings history
.

How has Washington Real Estate Investment Trust's stock price been impacted by COVID-19 (Coronavirus)?

Washington Real Estate Investment Trust's stock was trading at $25.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WRE stock has decreased by 8.7% and is now trading at $23.58.
View which stocks have been most impacted by COVID-19
.

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 Friday, July 30th. Shareholders of record on Wednesday, September 22nd will be paid a dividend of $0.17 per share on Tuesday, October 5th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date is Tuesday, September 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 pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.94%. WRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Washington Real Estate Investment Trust is 82.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Washington Real Estate Investment Trust will have a dividend payout ratio of 125.00% in the coming year. This indicates that Washington Real Estate Investment Trust may not be able to sustain their current dividend.
View Washington Real Estate Investment Trust's dividend history.

What price target have analysts set for WRE?

3 brokers have issued 1-year target prices for Washington Real Estate Investment Trust's shares. Their forecasts range from $21.00 to $24.00. On average, they expect Washington Real Estate Investment Trust's stock price to reach $23.00 in the next twelve months. This suggests that the stock has a possible downside of 2.5%.
View analysts' price targets for Washington Real Estate Investment Trust
or view top-rated stocks among Wall Street analysts.

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 59, Pay $1.75M)
  • Mr. Stephen E. Riffee, Exec. VP & CFO (Age 63, Pay $921.54k)
  • Ms. Taryn D. Fielder, Sr. VP, Gen. Counsel & Corp. Sec. (Age 43, Pay $597.42k)
  • Mr. Andrew E. Leahy, VP of Investments
  • Mr. Wade Drew Hammond, VP, Chief Accounting Officer & Treasurer (Age 46)
  • Ms. Susan Lilly Gerock, Chief Information Officer & VP of Information Technology
  • Ms. Amy Hopkins, VP of Investor Relations
  • Ms. Deanna Schmidt, Sr. Director of Marketing & Communications
  • Mr. Brian Guttman, VP of HR
  • Mr. Edward J. Murn IV, Managing Director of Devel. & Multifamily Division (Age 53)

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?

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), The 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 a number of institutional and retail investors. Top institutional shareholders include Asset Management One Co. Ltd. (0.38%), Alliancebernstein L.P. (0.21%), Clean Yield Group (0.19%), Victory Capital Management Inc. (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.14%) and State of Alaska Department of Revenue (0.11%).
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 Victory Capital Management Inc., Sumitomo Mitsui Trust Holdings Inc., Asset Management One Co. Ltd., Arizona State Retirement System, and Advisor Group Holdings Inc..
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 bought by a variety of institutional investors in the last quarter, including Clean Yield Group, Alliancebernstein L.P., State of Alaska Department of Revenue, Handelsbanken Fonder AB, Stratos Wealth Partners LTD., New York State Common Retirement Fund, Outfitter Financial LLC, and Hanson & Doremus Investment Management.
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 $23.58.

How much money does Washington Real Estate Investment Trust make?

Washington Real Estate Investment Trust has a market capitalization of $1.99 billion and generates $294.12 million in revenue each year. The real estate investment trust earns $-15,680,000.00 in net income (profit) each year or $1.45 on an earnings per share basis.

How many employees does Washington Real Estate Investment Trust have?

Washington Real Estate Investment Trust employs 112 workers across the globe.

What is Washington Real Estate Investment Trust's official website?

The official website for Washington Real Estate Investment Trust is www.washreit.com.

Where are Washington Real Estate Investment Trust's headquarters?

Washington Real Estate Investment Trust is headquartered at 1775 EYE STREET NW SUITE 1000, WASHINGTON DC, 20006.

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]


This page was last updated on 8/4/2021 by MarketBeat.com Staff
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