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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WRE shares have decreased by 17.3% and is now trading at $21.35.
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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."
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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) posted its earnings results on Tuesday, July, 28th. The real estate investment trust reported ($0.07) EPS for the quarter, missing the Zacks' consensus estimate of $0.37 by $0.44. The real estate investment trust earned $72.80 million during 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 revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.47 EPS.
View Washington Real Estate Investment Trust's earnings history.

Washington Real Estate Investment Trust declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Monday, September 21st will be paid a dividend of $0.30 per share on Monday, October 5th. This represents a $1.20 annualized dividend and a yield of 5.62%. The ex-dividend date is Friday, September 18th.
View Washington Real Estate Investment Trust's dividend history.

3 Wall Street analysts have issued 12-month price objectives for Washington Real Estate Investment Trust's stock. Their forecasts range from $23.00 to $26.00. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $24.33 in the next year. This suggests a possible upside of 14.0% 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 August. As of August 14th, there was short interest totaling 2,040,000 shares, an increase of 14.0% from the July 30th total of 1,790,000 shares. Based on an average daily volume of 469,200 shares, the short-interest ratio is presently 4.3 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 Reit (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), 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 Vanguard Group Inc. (15.63%), FMR LLC (5.14%), Victory Capital Management Inc. (3.84%), Thornburg Investment Management Inc. (3.42%), Nuveen Asset Management LLC (2.41%) and Bank of New York Mellon Corp (1.42%).
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 First Trust Advisors LP, Macquarie Group Ltd., Charles Schwab Investment Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., WINTON GROUP Ltd, Prudential Financial Inc., and UBS Group AG.
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 FMR LLC, Nuveen Asset Management LLC, Thornburg Investment Management Inc., Canada Pension Plan Investment Board, Grace & White Inc. NY, Swiss National Bank, Bank of America Corp DE, and AQR Capital Management LLC.
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 $21.35.

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]