S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:WRE

Washington Real Estate Investment Trust Stock Forecast, Price & News

$25.76
+0.17 (+0.66%)
(As of 12/8/2021 12:00 AM ET)
Add
Compare
Today's Range
$25.44
$25.89
50-Day Range
$24.74
$26.00
52-Week Range
$20.74
$27.05
Volume
303,530 shs
Average Volume
531,149 shs
Market Capitalization
$2.18 billion
P/E Ratio
184.00
Dividend Yield
2.66%
Beta
0.86
30 days | 90 days | 365 days | Advanced Chart
Receive WRE News and Ratings via Email

Sign-up to receive the latest news and ratings for Washington Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter.


Washington Real Estate Investment Trust logo

About Washington Real Estate Investment Trust

Washington Real Estate Investment Trust engages in the ownership and operation of income-producing real estate properties. It operates through the following segments: Office and Multifamily. The Office segment provides office space for various types of businesses and professions. The Multifamily segment provides rental housing for individuals and families throughout Washington metro region. The company was founded by Arthur A. Birney and Benjamin H. Dorsey in 1960 and is headquartered in Washington, DC.

Headlines

Washington Real Estate Investment Trust(WRE)
November 14, 2021 |  fool.com
Washington Reit (WRE) Lags Q3 FFO and Revenue Estimates
October 29, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
Sector
Finance
CUSIP
93965310
Employees
112
Year Founded
N/A

Sales & Book Value

Annual Sales
$294.12 million
Cash Flow
$1.32 per share
Book Value
$15.32 per share

Profitability

Net Income
$-15.68 million
Pretax Margin
-17.17%

Debt

Price-To-Earnings

Miscellaneous

Free Float
83,823,000
Market Cap
$2.18 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/21/2021
Dividend Payable
10/05/2021
Last Earnings
10/28/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/10/2022

MarketRank

Overall MarketRank

1.58 out of 5 stars

Finance Sector

955th out of 1,342 stocks

Real Estate Investment Trusts Industry

198th out of 223 stocks

Analyst Opinion: 1.1Community Rank: 3.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -












Washington Real Estate Investment Trust (NYSE:WRE) Frequently Asked Questions

Is Washington Real Estate Investment Trust a buy right now?

5 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 4 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.
View analyst ratings for Washington Real Estate Investment Trust
or view top-rated stocks.

How has Washington Real Estate Investment Trust's stock 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 0.3% and is now trading at $25.76.
View which stocks have been most impacted by COVID-19
.

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, February 10th 2022.
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) issued its quarterly earnings results on Thursday, October, 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.21 by $0.47. The real estate investment trust had revenue of $42.50 million for the quarter, compared to the consensus estimate of $44.44 million. Washington Real Estate Investment Trust had a net margin of 5.41% and a negative trailing twelve-month return on equity of 3.95%. The business's revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.36 earnings per share.
View Washington Real Estate Investment Trust's earnings history
.

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, October 28th. Shareholders of record on Wednesday, December 22nd will be given a dividend of $0.17 per share on Wednesday, January 5th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Tuesday, December 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 $0.68 per share and currently has a dividend yield of 2.66%. Washington Real Estate Investment Trust does not yet have a strong track record of dividend growth. The dividend payout ratio of Washington Real Estate Investment Trust is 485.71%. 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 71.58% 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.

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

Washington Real Estate Investment Trust updated its FY 2021 earnings guidance on Thursday, November, 4th. The company provided EPS guidance of $1.050-$1.080 for the period. The company issued revenue guidance of -.

What price target have analysts set for WRE?

5 brokers have issued 12 month price objectives for Washington Real Estate Investment Trust's shares. Their forecasts range from $23.00 to $28.50. On average, they anticipate Washington Real Estate Investment Trust's share price to reach $25.38 in the next year. This suggests that the stock has a possible downside of 1.5%.
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:
  • Paul T. McDermott, Chairman, President & Chief Executive Officer
  • Stephen Edward Riffee, Chief Financial Officer & Executive Vice President
  • Grant Montgomery, Vice President-Research
  • Susan Lilly Gerock, Chief Information Officer & Vice President-IT
  • Taryn D. Fielder, Secretary, Senior Vice President & General Counsel

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.

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), 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.29%), Geode Capital Management LLC (1.93%), Schroder Investment Management Group (1.92%), Dimensional Fund Advisors LP (1.47%), Renaissance Technologies LLC (1.36%) and Bank of New York Mellon Corp (1.36%).
View institutional ownership trends for Washington Real Estate Investment Trust
.

Which major investors are selling Washington Real Estate Investment Trust stock?

WRE stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Invesco Ltd., BlackRock Inc., Renaissance Technologies LLC, Victory Capital Management Inc., Asset Management One Co. Ltd., Grace & White Inc. NY, and Goldman Sachs Group Inc..
View insider buying and selling activity for Washington Real Estate Investment Trust
or view top insider-selling stocks.

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 Barclays PLC, Schroder Investment Management Group, Cbre Investment Management Listed Real Assets LLC, Comerica Bank, UBS Group AG, Clean Yield Group, Millennium Management LLC, and Maryland State Retirement & Pension System.
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 $25.76.

How much money does Washington Real Estate Investment Trust make?

Washington Real Estate Investment Trust has a market capitalization of $2.18 billion and generates $294.12 million in revenue each year. The real estate investment trust earns $-15.68 million in net income (profit) each year or $0.14 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, via email at [email protected], or via fax at 301-984-9610.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.