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

$29.60
-0.11 (-0.37 %)
(As of 12/15/2019 05:29 AM ET)
Today's Range
$29.38
Now: $29.60
$29.80
50-Day Range
$29.57
MA: $30.62
$31.27
52-Week Range
$22.53
Now: $29.60
$31.41
Volume361,112 shs
Average Volume314,047 shs
Market Capitalization$2.39 billion
P/E Ratio15.91
Dividend Yield3.99%
Beta0.92
Washington REIT owns and operates uniquely positioned real estate assets in the Washington DC market. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. Our portfolio of 48 properties includes approximately 6.1 million square feet of commercial space and 4,268 multifamily apartment units. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP93965310
Phone202-774-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$336.89 million
Cash Flow$1.84 per share
Book Value$13.38 per share

Profitability

Net Income$25.63 million

Miscellaneous

Employees149
Market Cap$2.39 billion
Next Earnings Date2/13/2020 (Confirmed)
OptionableOptionable

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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, October 24th. Stockholders of record on Monday, December 23rd will be paid a dividend of $0.30 per share on Monday, January 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date is Friday, December 20th. 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) posted its quarterly earnings data on Thursday, October, 24th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.49. The real estate investment trust had revenue of $80.26 million for the quarter, compared to analysts' expectations of $78.81 million. Washington Real Estate Investment Trust had a negative return on equity of 0.55% and a net margin of 103.68%. The business's quarterly revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 earnings per share. 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, February 13th 2020. View Earnings Estimates for Washington Real Estate Investment Trust.

How can I listen to Washington Real Estate Investment Trust's earnings call?

Washington Real Estate Investment Trust will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Washington Real Estate Investment Trust updated its FY19 earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $1.70-1.72 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.71.

What price target have analysts set for WRE?

3 Wall Street analysts have issued 12-month price targets for Washington Real Estate Investment Trust's shares. Their forecasts range from $26.00 to $28.00. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $27.00 in the next year. This suggests that the stock has a possible downside of 8.8%. View Analyst Price Targets for Washington Real Estate Investment Trust.

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

3 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Washington Real Estate Investment Trust.

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

News stories about WRE stock have been trending negative this week, InfoTrie reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Washington Real Estate Investment Trust earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Washington Real Estate Investment Trust.

Are investors shorting Washington Real Estate Investment Trust?

Washington Real Estate Investment Trust saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 3,600,000 shares, an increase of 6.2% from the November 14th total of 3,390,000 shares. Based on an average daily volume of 334,300 shares, the days-to-cover ratio is currently 10.8 days. Approximately 4.5% of the shares of the company are sold short. View Washington Real Estate Investment Trust's Current Options Chain.

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 Chemours (CC), Cracker Barrel Old Country Store (CBRL), Realty Income (O), Verizon Communications (VZ), Intel (INTC), Brinker International (EAT), Exxon Mobil (XOM), Blackstone Group (BX), AT&T (T) and Visa (V).

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 57)
  • Mr. Stephen E. Riffee, Exec. VP & CFO (Age 61)
  • Ms. Taryn D. Fielder, Sr. VP, Gen. Counsel & Corp. Sec. (Age 41)
  • Mr. Andrew E. Leahy, VP of Investments
  • Mr. Wade Drew Hammond, VP, Chief Accounting Officer & Treasurer (Age 44)

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

Washington Real Estate Investment Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (5.43%), First Trust Advisors LP (1.87%), Rhumbline Advisers (0.34%), Barclays PLC (0.18%), California Public Employees Retirement System (0.17%) and Tufton Capital Management (0.17%). 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 Barclays PLC, Keybank National Association OH, Tufton Capital Management, Strs Ohio, Colony Group LLC, Benson Investment Management Company Inc., Russell Investments Group Ltd. and Oppenheimer & Co. Inc.. View Insider Buying and Selling for Washington Real Estate Investment Trust.

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 First Trust Advisors LP, State of New Jersey Common Pension Fund D, State Street Corp, Nisa Investment Advisors LLC, California Public Employees Retirement System, Sumitomo Mitsui Trust Holdings Inc., Millennium Management LLC and Rhumbline Advisers. 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, Robinhood, 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 $29.60.

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

Washington Real Estate Investment Trust has a market capitalization of $2.39 billion and generates $336.89 million in revenue each year. The real estate investment trust earns $25.63 million in net income (profit) each year or $1.86 on an earnings per share basis. Washington Real Estate Investment Trust employs 149 workers across the globe.View Additional Information About Washington Real Estate Investment Trust.

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

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

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:  1.9 out of 5 (star)
Outperform Votes:  204 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  545
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 12/15/2019 by MarketBeat.com Staff

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