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 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.

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.
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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.

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.

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.

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.
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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.

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.

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.

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), Cousins Properties (CUZ), Spirit Realty Capital (SRC), PS Business Parks (PSB), Lexington Realty 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.

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).

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 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.

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.

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.

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 $23.58.

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.

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

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

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

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]