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).
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 Ratio14.16
Forward P/E Ratio13.93
P/E GrowthN/A
Sales & Book Value
Annual Sales$325.08 million
Price / Sales6.33
Cash Flow$1.6843 per share
Price / Cash Flow15.30
Book Value$13.96 per share
Price / Book1.85
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$2.08 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 announced 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 dividend on an annualized basis and a yield of 4.66%. 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) released its quarterly earnings data on Thursday, October, 25th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates 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?
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, February 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774079205.
What price target have analysts set for WRE?
4 equities research analysts have issued 1-year price targets for Washington Real Estate Investment Trust's shares. Their forecasts range from $28.00 to $32.00. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 16.4% 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?
Has Washington Real Estate Investment Trust been receiving favorable news coverage?
News headlines about WRE stock have trended very positive on Sunday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Washington Real Estate Investment Trust earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term.
Who are some of Washington Real Estate Investment Trust's key competitors?
Some companies that are related to Washington Real Estate Investment Trust include National Retail Properties (NNN), SL Green Realty (SLG), VICI Properties (VICI), Vereit (VER), Gaming and Leisure Properties (GLPI), Omega Healthcare Investors (OHI), Apartment Investment and Management (AIV), Lamar Advertising (LAMR), Kimco Realty (KIM), Macerich (MAC), Liberty Property Trust (LPT), Kilroy Realty (KRC), Store Capital (STOR), CyrusOne (CONE) and Medical Properties Trust (MPW).
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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.30%), Vanguard Group Inc (14.30%), BlackRock Inc. (9.96%), FMR LLC (5.32%), Victory Capital Management Inc. (3.74%) and Renaissance Technologies LLC (2.69%). 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 Federated Investors Inc. PA. View Insider Buying and Selling for Washington Real Estate Investment Trust.
Which major investors are buying Washington Real Estate Investment Trust stock?
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 $25.77.
How big of a company is Washington Real Estate Investment Trust?
Washington Real Estate Investment Trust has a market capitalization of $2.08 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?
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)
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.
