S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17

Washington Real Estate Investment Trust (WRE) Stock Forecast, Price & News

$23.53
+0.56 (+2.44%)
(As of 05/17/2022 12:00 AM ET)
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Today's Range
$23.04
$23.56
50-Day Range
$22.50
$26.00
52-Week Range
$22.23
$27.05
Volume
510,274 shs
Average Volume
579,092 shs
Market Capitalization
$2.06 billion
P/E Ratio
196.08
Dividend Yield
2.96%
Beta
0.85
30 days | 90 days | 365 days | Advanced Chart
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Washington Real Estate Investment Trust logo

About Washington Real Estate Investment Trust

WashREIT owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
Sector
Finance
CUSIP
93965310
Employees
53
Year Founded
N/A

Sales & Book Value

Annual Sales
$169.15 million
Cash Flow
$0.57 per share
Book Value
$15.56 per share

Profitability

Net Income
$16.38 million
Pretax Margin
-30.39%

Debt

Price-To-Earnings

Miscellaneous

Free Float
86,587,000
Market Cap
$2.06 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 4/5 Dividend
3/22/2022
Dividend Payable
4/05/2022
Today
5/17/2022
Ex-Dividend for 7/6 Dividend
6/21/2022
Dividend Payable
7/06/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.03 out of 5 stars

Finance Sector

706th out of 1,377 stocks

Real Estate Investment Trusts Industry

158th out of 235 stocks

Analyst Opinion: 2.1Community Rank: 3.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 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?

4 Wall Street research 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. 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.

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, August 4th 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 earnings results on Thursday, October, 28th. The real estate investment trust reported ($0.26) earnings per share for the quarter, missing the 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 5.56% and a negative trailing twelve-month return on equity of 4.11%. The company's quarterly revenue was down 2.7% compared to the same quarter last year. During the same period last year, the company posted $0.36 EPS.
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 declared a quarterly dividend on Wednesday, April 27th. Investors of record on Wednesday, June 22nd will be paid a dividend of $0.17 per share on Wednesday, July 6th. This represents a $0.68 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend is Tuesday, June 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 2.96%. The dividend payout ratio of Washington Real Estate Investment Trust is 566.67%. 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 68.69% 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 FY22 earnings guidance on Wednesday, April, 27th. The company provided EPS guidance of $0.87-$0.93 for the period, compared to the consensus earnings per share estimate of $0.90.

What price target have analysts set for WRE?

4 brokers have issued 1 year target prices for Washington Real Estate Investment Trust's stock. Their forecasts range from $23.00 to $29.00. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $26.33 in the next year. This suggests a possible upside of 11.9% from the stock's current price.
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:
  • Mr. Paul T. McDermott, Chairman of Board, Pres & CEO (Age 60, Pay $2.32M)
  • Mr. Stephen E. Riffee, Exec. VP & CFO (Age 64, Pay $1.25M)
  • Mr. Andrew E. Leahy, VP of Investments
  • Mr. Wade Drew Hammond, VP, Chief Accounting Officer, Corp. Sec. & Treasurer (Age 47)
  • Ms. Susan Lilly Gerock, Sr. VP of Information Technology & Chief Information Officer
  • Ms. Amy Hopkins, VP of Investor Relations
  • Ms. Deanna Schmidt, VP of Marketing & Communications
  • Mr. Edward J. Murn IV, Managing Director of Devel. & Multifamily Division (Age 54)
  • Mr. Anthony C. Chang, VP of Asset Management
  • Mr. Stephen Burch, Controller
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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.92%), Vanguard Group Inc. (15.98%), State Street Corp (6.01%), Northern Trust Corp (1.84%), Charles Schwab Investment Management Inc. (1.46%) and Dimensional Fund Advisors LP (1.37%).
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 BlackRock Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., JPMorgan Chase & Co., Ranger Global Real Estate Advisors LLC, Dimensional Fund Advisors LP, Grace & White Inc. NY, and Citigroup 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 State Street Corp, First Pacific Advisors LP, Vanguard Group Inc., Highland Capital Management Fund Advisors L.P., Invesco Ltd., Simplex Trading LLC, First Trust Advisors LP, and Evoke Wealth LLC.
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 $23.53.

How much money does Washington Real Estate Investment Trust make?

Washington Real Estate Investment Trust has a market capitalization of $2.06 billion and generates $169.15 million in revenue each year. The real estate investment trust earns $16.38 million in net income (profit) each year or $0.12 on an earnings per share basis.

How many employees does Washington Real Estate Investment Trust have?

Washington Real Estate Investment Trust employs 53 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.

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 5/18/2022 by MarketBeat.com Staff

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