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

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$28.00 -0.45 (-1.58 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$28.45
Today's Range$27.6950 - $28.26
52-Week Range$22.53 - $31.85
Volume758,088 shs
Average Volume859,152 shs
Market Capitalization$2.24 billion
P/E Ratio15.05
Dividend Yield4.22%
Beta0.98
Washington REIT owns and operates uniquely positioned real estate assets in the Washington D.C. market. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. Our portfolio of 48 properties includes 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

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP93965310
Phone202-774-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$336.89 million
Cash Flow$1.8592 per share
Book Value$13.38 per share

Profitability

Net Income$25.63 million

Miscellaneous

Employees149
Market Cap$2.24 billion
Next Earnings Date7/25/2019 (Estimated)
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 Thursday, April 25th. Shareholders of record on Friday, June 14th will be given a dividend of $0.30 per share on Friday, June 28th. This represents a $1.20 annualized dividend and a yield of 4.29%. The ex-dividend date of this dividend is Thursday, June 13th. 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) issued its earnings results on Wednesday, April, 24th. The real estate investment trust reported $0.44 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.44. The real estate investment trust earned $83.20 million during the quarter, compared to analyst estimates of $82.12 million. Washington Real Estate Investment Trust had a return on equity of 2.38% and a net margin of 7.61%. The business's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.46 earnings per share. 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, July 25th 2019. View Earnings Estimates for Washington Real Estate Investment Trust.

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

Washington Real Estate Investment Trust updated its FY 2019 earnings guidance on Thursday, February, 14th. The company provided EPS guidance of $1.74-1.78 for the period. Washington Real Estate Investment Trust also updated its FY19 guidance to $1.74-$1.78 EPS.

What price target have analysts set for WRE?

4 brokerages have issued 12-month target prices for Washington Real Estate Investment Trust's shares. Their forecasts range from $26.00 to $31.00. On average, they expect Washington Real Estate Investment Trust's stock price to reach $28.6667 in the next year. This suggests a possible upside of 2.4% 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?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Real Estate Investment Trust in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy 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?

Media stories about WRE stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Washington Real Estate Investment Trust earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.

Are investors shorting Washington Real Estate Investment Trust?

Washington Real Estate Investment Trust saw a drop in short interest during the month of March. As of March 29th, there was short interest totalling 2,264,330 shares, a drop of 50.7% from the March 15th total of 4,590,714 shares. Based on an average trading volume of 771,735 shares, the short-interest ratio is presently 2.9 days. Currently, 2.9% of the shares of the company are sold short. View Washington Real Estate Investment Trust's Current Options Chain.

Who are some of Washington Real Estate Investment Trust's key competitors?

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 Chemours (CC), Cracker Barrel Old Country Store (CBRL), Realty Income (O), Verizon Communications (VZ), Intel (INTC), NVIDIA (NVDA), General Electric (GE), AT&T (T), Visa (V) and Exxon Mobil (XOM).

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 57)
  • Mr. Stephen E. Riffee, Exec. VP & CFO (Age 61)
  • Ms. Taryn D. Fielder, Sr. VP, Gen. Counsel & Corp. Sec. (Age 41)
  • Mr. Andrew E. Leahy, VP of Investments
  • Mr. Wade Drew Hammond, VP, Chief Accounting Officer & Treasurer (Age 44)

Who are Washington Real Estate Investment Trust's major shareholders?

Washington Real Estate Investment Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Resolution Capital Ltd (0.62%), Pennsylvania Trust Co (0.29%), Pennsylvania Trust Co (0.29%), Strs Ohio (0.16%), BNP Paribas Arbitrage SA (0.13%) and Pacific Heights Asset Management LLC (0.12%). 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 Resolution Capital Ltd, Deroy & Devereaux Private Investment Counsel Inc., Pacific Heights Asset Management LLC, Virginia Retirement Systems ET AL and Strs Ohio. 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 Pennsylvania Trust Co, Pennsylvania Trust Co, BNP Paribas Arbitrage SA, Benson Investment Management Company Inc., Louisiana State Employees Retirement System, State of Alaska Department of Revenue, Tibra Equities Europe Ltd and Los Angeles Capital Management & Equity Research Inc.. 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 $28.00.

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

Washington Real Estate Investment Trust has a market capitalization of $2.24 billion and generates $336.89 million in revenue each year. The real estate investment trust earns $25.63 million in net income (profit) each year or $1.86 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:  1.9 out of 5 (star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  485
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 4/25/2019 by MarketBeat.com Staff

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