Washington Real Estate Investment Trust Stock Forecast, Price & 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 (WHO). Since then, WRE stock has decreased by 25.5% and is now trading at $19.25.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Real Estate Investment Trust in the last year. There are currently 4 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 Thursday, October 29th 2020.
View our earnings forecast for Washington Real Estate Investment Trust.

Washington Real Estate Investment Trust will be holding an earnings conference call on Thursday, October 29th 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) issued its quarterly earnings data on Tuesday, July, 28th. The real estate investment trust reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by $0.44. The real estate investment trust had revenue of $72.80 million for the quarter, compared to analyst estimates of $73.27 million. Washington Real Estate Investment Trust had a return on equity of 3.10% and a net margin of 123.40%. The business's quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.47 EPS.
View Washington Real Estate Investment Trust's earnings history.

Washington Real Estate Investment Trust announced a quarterly dividend on Tuesday, July 28th. Shareholders of record on Monday, September 21st will be given a dividend of $0.30 per share on Monday, October 5th. This represents a $1.20 dividend on an annualized basis and a yield of 6.23%. The ex-dividend date of this dividend is Friday, September 18th.
View Washington Real Estate Investment Trust's dividend history.

5 analysts have issued 1 year target prices for Washington Real Estate Investment Trust's shares. Their forecasts range from $23.00 to $26.00. On average, they expect Washington Real Estate Investment Trust's share price to reach $24.20 in the next twelve months. This suggests a possible upside of 25.7% from the stock's current price.
View analysts' price targets for Washington Real Estate Investment Trust.

Washington Real Estate Investment Trust saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,160,000 shares, an increase of 14.3% from the August 31st total of 1,890,000 shares. Based on an average trading volume of 436,800 shares, the short-interest ratio is currently 4.9 days.
View Washington Real Estate Investment Trust's Short Interest.

Some companies that are related to Washington Real Estate Investment Trust include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), Spirit Realty Capital (SRC), PS Business Parks (PSB), Lexington Realty Trust (LXP), American Assets Trust (AAT), Investors Real Estate Trust (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Real Estate Investment Trust investors own include Realty Income (O), The 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).

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 variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.12%), Tufton Capital Management (0.08%), Nisa Investment Advisors LLC (0.08%), Louisiana State Employees Retirement System (0.05%), Pensionfund DSM Netherlands (0.02%) and Redpoint Investment Management Pty Ltd (0.02%).
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 Tufton Capital Management, Pensionfund DSM Netherlands, and State of Alaska Department of Revenue.
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 Nisa Investment Advisors LLC, Louisiana State Employees Retirement System, Redpoint Investment Management Pty Ltd, and Meridian Investment Counsel Inc..
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 $19.25.

Washington Real Estate Investment Trust has a market capitalization of $1.59 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 125 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]