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

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$28.53 +0.03 (+0.11 %)
(As of 11/15/2018 04:00 PM ET)
Previous Close$28.50
Today's Range$28.02 - $28.53
52-Week Range$24.92 - $32.94
Volume271,800 shs
Average Volume405,585 shs
Market Capitalization$2.28 billion
P/E Ratio15.68
Dividend Yield4.17%
Beta0.78
Washington 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).

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.13
Current Ratio1.26
Quick Ratio1.26

Price-To-Earnings

Trailing P/E Ratio15.68
Forward P/E Ratio15.51
P/E GrowthN/A

Sales & Book Value

Annual Sales$325.08 million
Price / Sales7.01
Cash Flow$1.7033 per share
Price / Cash16.75
Book Value$13.70 per share
Price / Book2.08

Profitability

EPS (Most Recent Fiscal Year)$1.82
Net Income$19.66 million
Net Margins6.64%
Return on Equity2.05%
Return on Assets0.92%

Miscellaneous

Employees149
Outstanding Shares79,850,000
Market Cap$2.28 billion
OptionableOptionable

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 declared a quarterly dividend on Friday, October 26th. Investors of record on Thursday, December 20th will be paid a dividend of $0.30 per share on Friday, January 4th. This represents a $1.20 annualized dividend and a dividend yield of 4.21%. The ex-dividend date of this dividend is Wednesday, December 19th. 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 results on Thursday, October, 25th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.02. The real estate investment trust earned $82.50 million during the quarter, compared to the consensus estimate of $84.78 million. Washington Real Estate Investment Trust had a net margin of 6.64% and a return on equity of 2.05%. 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 21st 2019. View Earnings Estimates for Washington Real Estate Investment Trust.

What price target have analysts set for WRE?

4 brokerages have issued 12-month price objectives for Washington Real Estate Investment Trust's shares. Their forecasts range from $28.00 to $32.00. On average, they expect Washington Real Estate Investment Trust's share price to reach $29.6667 in the next year. This suggests a possible upside of 4.0% from the stock's current price. View Analyst Price Targets for Washington Real Estate Investment Trust.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Real Estate Investment Trust in the last year. There are currently 3 hold ratings 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?

Press coverage about WRE stock has been trending neutral this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 0.5 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the near future.

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

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 BlackRock Inc. (9.96%), FMR LLC (5.32%), Victory Capital Management Inc. (3.74%), Renaissance Technologies LLC (2.69%), Macquarie Group Ltd. (2.46%) and Wells Fargo & Company MN (1.75%). 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Resolution Capital Ltd, Janus Henderson Group PLC, Virginia Retirement Systems ET AL, Tufton Capital Management, Westpac Banking Corp and Credit Suisse AG. 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 bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, FMR LLC, Victory Capital Management Inc., Renaissance Technologies LLC, BlackRock Inc., Wells Fargo & Company MN, Macquarie Group Ltd. and Dimensional Fund Advisors LP. 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 $28.53.

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

Washington Real Estate Investment Trust has a market capitalization of $2.28 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.

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:  1.8 out of 5 (star)
Outperform Votes:  154 (Vote Outperform)
Underperform Votes:  263 (Vote Underperform)
Total Votes:  417
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 11/15/2018 by MarketBeat.com Staff

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