NYSE:WRE - Washington Real Estate Investment Trust Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$31.46 -0.30 (-0.94 %)
(As of 08/21/2018 05:52 AM ET)
Previous Close$31.76
Today's Range$31.44 - $31.85
52-Week Range$24.92 - $33.75
Volume513,600 shs
Average Volume430,356 shs
Market Capitalization$2.41 billion
P/E Ratio17.29
Dividend Yield3.83%
Beta0.78
Washington Real Estate Investment Trust logoWashington REIT owns and operates uniquely positioned real estate assets in the Washington D.C. market. The Company's portfolio of 48 properties consists of 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).

Receive WRE News and Ratings via Email

Sign-up to receive the latest news and ratings for WRE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:WRE
CUSIP93965310
Phone202-774-3200

Debt

Debt-to-Equity Ratio1.17
Current Ratio1.41
Quick Ratio1.41

Price-To-Earnings

Trailing P/E Ratio17.29
Forward P/E Ratio16.91
P/E GrowthN/A

Sales & Book Value

Annual Sales$325.08 million
Price / Sales7.61
Cash Flow$1.7468 per share
Price / Cash18.01
Book Value$13.96 per share
Price / Book2.25

Profitability

EPS (Most Recent Fiscal Year)$1.82
Net Income$19.66 million
Net Margins5.72%
Return on Equity1.76%
Return on Assets0.79%

Miscellaneous

Employees149
Outstanding Shares78,660,000
Market Cap$2.41 billion

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 announced a quarterly dividend on Thursday, July 26th. Shareholders of record on Friday, September 14th will be given a dividend of $0.30 per share on Friday, September 28th. This represents a $1.20 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Thursday, September 13th. 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) announced its quarterly earnings data on Thursday, July, 26th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.10. The real estate investment trust earned $86.61 million during the quarter, compared to analysts' expectations of $85.06 million. Washington Real Estate Investment Trust had a net margin of 5.72% and a return on equity of 1.76%. Washington Real Estate Investment Trust's revenue for the quarter was up 3.8% compared to the same quarter last year. View Washington Real Estate Investment Trust's Earnings History.

When is Washington Real Estate Investment Trust's next earnings date?

Washington Real Estate Investment Trust is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Washington Real Estate Investment Trust.

What guidance has Washington Real Estate Investment Trust issued on next quarter's earnings?

Washington Real Estate Investment Trust updated its FY18 earnings guidance on Thursday, July, 26th. The company provided earnings per share (EPS) guidance of $1.83-1.89 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.86.

What price target have analysts set for WRE?

5 Wall Street analysts have issued 1-year price targets for Washington Real Estate Investment Trust's stock. Their forecasts range from $25.00 to $34.00. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $29.75 in the next year. This suggests that the stock has a possible downside of 5.4%. View Analyst Price Targets for Washington Real Estate Investment Trust.

What is the consensus analysts' recommendation for Washington Real Estate Investment Trust?

5 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Washington Real Estate Investment Trust.

Who are some of Washington Real Estate Investment Trust's key competitors?

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 56)
  • Mr. Stephen E. Riffee, Exec. VP & CFO (Age 60)
  • Mr. Thomas Q. Bakke, Exec. VP & COO (Age 63)
  • Ms. Taryn D. Fielder, Sr. VP, Gen. Counsel & Corp. Sec. (Age 40)
  • Mr. Anthony C. Chang, VP of Asset Management

Has Washington Real Estate Investment Trust been receiving favorable news coverage?

News headlines about WRE stock have trended positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Washington Real Estate Investment Trust earned a media and rumor sentiment score of 0.41 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 46.35 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Washington Real Estate Investment Trust.

Who are Washington Real Estate Investment Trust's major shareholders?

Washington Real Estate Investment Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.01%), FMR LLC (5.05%), Victory Capital Management Inc. (3.50%), Renaissance Technologies LLC (2.57%), Macquarie Group Ltd. (2.46%) and Resolution Capital Ltd (2.10%). 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 AEW Capital Management L P, Macquarie Group Ltd., Renaissance Technologies LLC, Virginia Retirement Systems ET AL, Sei Investments Co., Bank of America Corp DE, BNP Paribas Arbitrage SA and State of Alaska Department of Revenue. View Insider Buying and Selling for Washington Real Estate Investment Trust.

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 Resolution Capital Ltd, FMR LLC, BlackRock Inc., Victory Capital Management Inc., Heitman Real Estate Securities LLC, Wells Fargo & Company MN, SG Americas Securities LLC and Schwab Charles Investment Management 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 $31.46.

How big of a company is Washington Real Estate Investment Trust?

Washington Real Estate Investment Trust has a market capitalization of $2.41 billion and generates $325.08 million in revenue each year. The real estate investment trust earns $19.66 million in net income (profit) each year or $1.82 on an earnings per share basis. Washington Real Estate Investment Trust employs 149 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 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)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  381
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.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel