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

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$28.56 -0.28 (-0.97 %)
(As of 11/21/2018 01:50 AM ET)
Previous Close$28.84
Today's Range$28.44 - $29.00
52-Week Range$24.92 - $32.91
Volume242,390 shs
Average Volume403,390 shs
Market Capitalization$2.31 billion
P/E Ratio15.69
Dividend Yield4.15%
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 Ratio15.69
Forward P/E Ratio15.44
P/E GrowthN/A

Sales & Book Value

Annual Sales$325.08 million
Price / Sales7.02
Cash Flow$1.6810 per share
Price / Cash16.99
Book Value$13.96 per share
Price / Book2.05

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$2.31 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. Stockholders 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 4.20%. The ex-dividend date 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 earnings results on Thursday, October, 25th. The real estate investment trust reported $0.07 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.02. The real estate investment trust had revenue of $82.50 million for the quarter, compared to analyst estimates of $84.78 million. Washington Real Estate Investment Trust had a return on equity of 2.05% and a net margin of 6.64%. 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?

3 Wall Street analysts have issued twelve-month price objectives for Washington Real Estate Investment Trust's stock. 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 twelve months. This suggests a possible upside of 3.9% 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?

3 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 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?

News coverage about WRE stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Washington Real Estate Investment Trust earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

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 investors 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 purchased 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 $28.56.

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

Washington Real Estate Investment Trust has a market capitalization of $2.31 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:  264 (Vote Underperform)
Total Votes:  418
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 11/21/2018 by MarketBeat.com Staff

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