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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WRE shares have decreased by 20.1% and is now trading at $20.64. 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) issued its quarterly earnings data on Wednesday, April, 22nd. The real estate investment trust reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by $0.36. The real estate investment trust had revenue of $76.79 million for 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 company's revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.44 earnings per share. View Washington Real Estate Investment Trust's earnings history.

Washington Real Estate Investment Trust declared a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.30 per share on Monday, July 6th. This represents a $1.20 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date of this dividend is Friday, June 19th. View Washington Real Estate Investment Trust's dividend history.

2 brokerages have issued twelve-month target prices for Washington Real Estate Investment Trust's shares. Their forecasts range from $24.00 to $33.50. On average, they expect Washington Real Estate Investment Trust's stock price to reach $28.75 in the next twelve months. This suggests a possible upside of 39.3% from the stock's current price. View analysts' price targets for Washington Real Estate Investment Trust.

News stories about WRE stock have trended very negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Washington Real Estate Investment Trust earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely 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 investors 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, Schroder Investment Management Group, BlackRock Inc., Victory Capital Management Inc., Victory Capital Management Inc., Employees Retirement System of Texas, WINTON GROUP Ltd, and Invesco Ltd.. View insider buying and selling activity for Washington Real Estate Investment Trust.

WRE stock was acquired 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 $20.64.

Washington Real Estate Investment Trust has a market capitalization of $1.70 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]