50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
QQQ   279.94 (+1.99%)
AAPL   149.84 (-1.27%)
MSFT   241.07 (+1.97%)
META   141.61 (+5.36%)
GOOGL   100.05 (+2.62%)
AMZN   118.01 (+3.15%)
TSLA   287.81 (+1.72%)
NVDA   127.36 (+2.60%)
NIO   17.33 (+0.81%)
BABA   80.99 (+4.01%)
AMD   68.36 (+1.77%)
T   15.83 (+0.64%)
MU   51.00 (+0.83%)
CGC   3.04 (+6.29%)
F   12.18 (+2.27%)
GE   64.46 (-0.02%)
DIS   99.40 (+3.70%)
AMC   7.67 (+2.95%)
PYPL   91.12 (+6.26%)
PFE   44.43 (+0.77%)
NFLX   245.20 (+9.29%)
QQQ   279.94 (+1.99%)
AAPL   149.84 (-1.27%)
MSFT   241.07 (+1.97%)
META   141.61 (+5.36%)
GOOGL   100.05 (+2.62%)
AMZN   118.01 (+3.15%)
TSLA   287.81 (+1.72%)
NVDA   127.36 (+2.60%)
NIO   17.33 (+0.81%)
BABA   80.99 (+4.01%)
AMD   68.36 (+1.77%)
T   15.83 (+0.64%)
MU   51.00 (+0.83%)
CGC   3.04 (+6.29%)
F   12.18 (+2.27%)
GE   64.46 (-0.02%)
DIS   99.40 (+3.70%)
AMC   7.67 (+2.95%)
PYPL   91.12 (+6.26%)
PFE   44.43 (+0.77%)
NFLX   245.20 (+9.29%)
QQQ   279.94 (+1.99%)
AAPL   149.84 (-1.27%)
MSFT   241.07 (+1.97%)
META   141.61 (+5.36%)
GOOGL   100.05 (+2.62%)
AMZN   118.01 (+3.15%)
TSLA   287.81 (+1.72%)
NVDA   127.36 (+2.60%)
NIO   17.33 (+0.81%)
BABA   80.99 (+4.01%)
AMD   68.36 (+1.77%)
T   15.83 (+0.64%)
MU   51.00 (+0.83%)
CGC   3.04 (+6.29%)
F   12.18 (+2.27%)
GE   64.46 (-0.02%)
DIS   99.40 (+3.70%)
AMC   7.67 (+2.95%)
PYPL   91.12 (+6.26%)
PFE   44.43 (+0.77%)
NFLX   245.20 (+9.29%)
QQQ   279.94 (+1.99%)
AAPL   149.84 (-1.27%)
MSFT   241.07 (+1.97%)
META   141.61 (+5.36%)
GOOGL   100.05 (+2.62%)
AMZN   118.01 (+3.15%)
TSLA   287.81 (+1.72%)
NVDA   127.36 (+2.60%)
NIO   17.33 (+0.81%)
BABA   80.99 (+4.01%)
AMD   68.36 (+1.77%)
T   15.83 (+0.64%)
MU   51.00 (+0.83%)
CGC   3.04 (+6.29%)
F   12.18 (+2.27%)
GE   64.46 (-0.02%)
DIS   99.40 (+3.70%)
AMC   7.67 (+2.95%)
PYPL   91.12 (+6.26%)
PFE   44.43 (+0.77%)
NFLX   245.20 (+9.29%)
NYSE:WRE

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

$18.00
+0.58 (+3.33%)
(As of 09/28/2022 12:00 AM ET)
Add
Compare
Today's Range
$17.27
$18.10
50-Day Range
$17.42
$22.32
52-Week Range
$17.27
$26.79
Volume
411,773 shs
Average Volume
543,521 shs
Market Capitalization
$1.57 billion
P/E Ratio
180.00
Dividend Yield
3.90%
Price Target
$24.25

Washington Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
34.7% Upside
$24.25 Price Target
Short Interest
Healthy
3.40% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.49mentions of Washington Real Estate Investment Trust in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.05%
From $0.88 to $1.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Finance Sector

287th out of 923 stocks

Real Estate Investment Trusts Industry

63rd out of 197 stocks

WRE stock logo

About Washington Real Estate Investment Trust (NYSE:WRE) Stock

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.

Receive WRE Stock 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.

WRE Stock News Headlines

WashREIT Issues 2023 Guidance and Provides Operating Update
Washington Real Estate goes ex dividend tomorrow
Washington Reit (WRE) Lags Q2 FFO Estimates
WashREIT Announces Second Quarter 2022 Results
WashREIT Welcomes New Board Member, Jennifer Banner
WRE Crosses Above Average Analyst Target
Washington Real Estate declares $0.17 dividend
Washington Reit (WRE) Q4 FFO and Revenues Miss Estimates
WashREIT Announces 2021 Dividend Income Tax Treatment
See More Headlines
Receive WRE Stock 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.

WRE Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 7/6 Dividend
6/21/2022
Dividend Payable
7/06/2022
Ex-Dividend for 10/5 Dividend
9/20/2022
Today
9/28/2022
Dividend Payable
10/05/2022
Next Earnings (Confirmed)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$24.25
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+34.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$16.38 million
Pretax Margin
-24.53%

Debt

Sales & Book Value

Annual Sales
$169.15 million
Cash Flow
$0.56 per share
Book Value
$15.56 per share

Miscellaneous

Free Float
86,528,000
Market Cap
$1.57 billion
Optionable
Optionable
Beta
0.88

Key Executives

  • Mr. Paul T. McDermott (Age 60)
    Chairman of Board, Pres & CEO
    Comp: $2.32M
  • Mr. Stephen E. Riffee (Age 64)
    Exec. VP & CFO
    Comp: $1.25M
  • Mr. Andrew E. Leahy
    VP of Investments
  • Mr. Wade Drew Hammond (Age 47)
    VP, Chief Accounting Officer, Corp. Sec. & Treasurer
  • 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. Ian Kessler
    VP of HR
  • Mr. Edward J. Murn IV (Age 54)
    Managing Director of Devel. & Multifamily Division
  • Mr. Anthony C. Chang
    VP of Asset Management













WRE Stock - Frequently Asked Questions

Should I buy or sell Washington Real Estate Investment Trust stock right now?

3 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 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" WRE shares. 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 WRE analyst ratings
or view top-rated stocks.

What is Washington Real Estate Investment Trust's stock price forecast for 2022?

3 analysts have issued 1-year target prices for Washington Real Estate Investment Trust's shares. Their WRE share price forecasts range from $21.00 to $29.00. On average, they predict the company's stock price to reach $24.25 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price.
View analysts price targets for WRE
or view top-rated stocks among Wall Street analysts.

How have WRE shares performed in 2022?

Washington Real Estate Investment Trust's stock was trading at $25.85 on January 1st, 2022. Since then, WRE shares have decreased by 30.4% and is now trading at $18.00.
View the best growth stocks for 2022 here
.

When is Washington Real Estate Investment Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our WRE earnings forecast
.

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 Friday, October 28th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "46576".

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, 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.47. The real estate investment trust earned $42.50 million during the quarter, compared to analysts' expectations of $44.44 million. Washington Real Estate Investment Trust had a net margin of 4.25% and a negative trailing twelve-month return on equity of 3.49%. Washington Real Estate Investment Trust's revenue was down 2.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.36 EPS.

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, July 28th. Stockholders of record on Wednesday, September 21st will be given a dividend of $0.17 per share on Wednesday, October 5th. This represents a $0.68 annualized dividend and a dividend yield of 3.78%. The ex-dividend date is Tuesday, September 20th.
Read our dividend analysis for WRE
.

Is Washington Real Estate Investment Trust a good dividend stock?

Washington Real Estate Investment Trust (NYSE:WRE) pays an annual dividend of $0.68 per share and currently has a dividend yield of 3.90%. The dividend payout ratio is 680.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WRE will have a dividend payout ratio of 66.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WRE.

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

Washington Real Estate Investment Trust updated its FY 2023 earnings guidance on Tuesday, September, 27th. The company provided earnings per share (EPS) guidance of $0.96-$1.04 for the period. The company issued revenue guidance of -.

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 Chief Executive Officer Paul T. McDermott on Glassdoor.com. Paul T. McDermott has an approval rating of 66% among the company'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 number of retail and institutional investors. Top institutional shareholders include FMR LLC (12.15%), State Street Corp (6.15%), Price T Rowe Associates Inc. MD (5.31%), Thornburg Investment Management Inc. (2.60%), Allspring Global Investments Holdings LLC (2.05%) and Northern Trust Corp (1.74%).
View institutional ownership trends
.

How do I buy shares of Washington Real Estate Investment Trust?

Shares of WRE stock 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 $18.00.

How much money does Washington Real Estate Investment Trust make?

Washington Real Estate Investment Trust (NYSE:WRE) has a market capitalization of $1.57 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 $0.10 on an earnings per share basis.

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 official website for the company is www.washreit.com. The real estate investment trust can be reached via phone at (202) 774-3200, via email at ahopkins@washreit.com, or via fax at 301-984-9610.

This page (NYSE:WRE) was last updated on 9/28/2022 by MarketBeat.com Staff

MarketBeat 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 MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (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 | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 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 Barchart's disclaimer.