NYSE:WREWashington Real Estate Investment Trust Stock Price, Forecast & News

Washington Real Estate Investment Trust's stock was trading at $25.83 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WRE shares have decreased by 17.3% and is now trading at $21.37. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Real Estate Investment Trust in the last year. There are currently 2 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.

Washington Real Estate Investment Trust is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Washington Real Estate Investment Trust.

Washington Real Estate Investment Trust will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Washington Real Estate Investment Trust (NYSE:WRE) released its earnings results on Wednesday, April, 22nd. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.36. The real estate investment trust earned $76.79 million during the quarter, compared to analysts' expectations of $76.95 million. Washington Real Estate Investment Trust had a net margin of 123.89% and a return on equity of 3.80%. Washington Real Estate Investment Trust's revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.44 EPS. View Washington Real Estate Investment Trust's earnings history.

Washington Real Estate Investment Trust announced a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Monday, June 22nd will be given a dividend of $0.30 per share on Monday, July 6th. This represents a $1.20 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date is Friday, June 19th. View Washington Real Estate Investment Trust's dividend history.

3 Wall Street analysts have issued 1 year target prices for Washington Real Estate Investment Trust's stock. Their forecasts range from $23.00 to $33.50. On average, they expect Washington Real Estate Investment Trust's share price to reach $26.83 in the next year. This suggests a possible upside of 25.6% from the stock's current price. View analysts' price targets for Washington Real Estate Investment Trust.

Media stories about WRE stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Washington Real Estate Investment Trust earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Washington Real Estate Investment Trust.

Some companies that are related to Washington Real Estate Investment Trust include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), PS Business Parks (PSB), Spirit Realty Capital (SRC), Lexington Realty Trust (LXP), American Assets Trust (AAT), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Real Estate Investment Trust investors own include Verizon Communications (VZ), Chemours (CC), Cracker Barrel Old Country Store (CBRL), Intel (INTC), Realty Income (O), Exxon Mobil (XOM), AT&T (T), Pfizer (PFE), AbbVie (ABBV) and Chevron (CVX).

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 retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.12%), Truehand Inc (0.05%), Pensionfund DSM Netherlands (0.03%), 6 Meridian (0.02%) and Woodstock Corp (0.01%). 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 6 Meridian, Pensionfund DSM Netherlands, and Truehand Inc. View insider buying and selling activity for Washington Real Estate Investment Trust.

WRE stock was purchased by a variety of institutional investors in the last quarter, including Woodstock Corp, and State of Alaska Department of Revenue. View insider buying and selling activity for 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.

One share of WRE stock can currently be purchased for approximately $21.37.

Washington Real Estate Investment Trust has a market capitalization of $1.76 billion and generates $309.18 million in revenue each year. The real estate investment trust earns $383.55 million in net income (profit) each year or $1.66 on an earnings per share basis. Washington Real Estate Investment Trust employs 149 workers across the globe.

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

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]