NYSE:WREWashington Real Estate Investment Trust Stock Price, Forecast & News

Washington Real Estate Investment Trust's stock was trading at $25.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WRE shares have decreased by 4.1% and is now trading at $24.77. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Real Estate Investment Trust in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." 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, July 23rd 2020. View our earnings forecast for Washington Real Estate Investment Trust.

Washington Real Estate Investment Trust (NYSE:WRE) announced its quarterly earnings data on Wednesday, April, 22nd. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.36. The real estate investment trust earned $76.79 million during the quarter, compared to analyst estimates of $76.95 million. Washington Real Estate Investment Trust had a return on equity of 3.80% and a net margin of 123.89%. The business's revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 EPS. View Washington Real Estate Investment Trust's earnings history.

Washington Real Estate Investment Trust announced a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Monday, June 22nd will be given a dividend of $0.30 per share on Monday, July 6th. This represents a $1.20 annualized dividend and a dividend yield of 4.84%. The ex-dividend date is Friday, June 19th. View Washington Real Estate Investment Trust's dividend history.

2 brokerages have issued 12 month target prices for Washington Real Estate Investment Trust's shares. Their forecasts range from $24.00 to $33.50. On average, they anticipate Washington Real Estate Investment Trust's share price to reach $28.75 in the next twelve months. This suggests a possible upside of 16.1% from the stock's current price. View analysts' price targets for Washington Real Estate Investment Trust.

Media stories about WRE stock have been trending negative on Saturday, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring 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 positive five, with scores closest to five being the most favorable. Washington Real Estate Investment Trust earned a news impact score of -2.1 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the next several days. View the latest news aboutWashington Real Estate Investment Trust.

Some companies that are related to Washington Real Estate Investment Trust include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), PS Business Parks (PSB), Spirit Realty Capital (SRC), 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Real Estate Investment Trust investors own include Verizon Communications (VZ), Chemours (CC), Cracker Barrel Old Country Store (CBRL), Intel (INTC), Realty Income (O), Exxon Mobil (XOM), AT&T (T), Pfizer (PFE), AbbVie (ABBV) and Chevron (CVX).

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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.35%), State Street Corp (5.39%), Victory Capital Management Inc. (4.24%), Victory Capital Management Inc. (4.24%), Wells Fargo & Company MN (2.24%) and First Trust Advisors LP (2.02%). 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 Morgan Stanley, Morgan Stanley, Schroder Investment Management Group, BlackRock Inc., Victory Capital Management Inc., Victory Capital Management Inc., Employees Retirement System of Texas, and WINTON GROUP Ltd. View insider buying and selling activity for Washington Real Estate Investment Trust.

WRE stock was bought by a variety of institutional investors in the last quarter, including Deutsche Bank AG, State Street Corp, Geode Capital Management LLC, Nuveen Asset Management LLC, Wells Fargo & Company MN, Legal & General Group Plc, JPMorgan Chase & Co., and 6 Meridian. 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 $24.77.

Washington Real Estate Investment Trust has a market capitalization of $2.04 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]