×
QQQ   289.15 (+0.76%)
AAPL   143.01 (+1.02%)
MSFT   266.22 (+1.28%)
META   169.76 (+0.93%)
GOOGL   2,292.42 (+1.20%)
AMZN   114.40 (+0.79%)
TSLA   695.45 (-0.54%)
NVDA   151.36 (+1.15%)
NIO   20.80 (-6.22%)
BABA   119.35 (-0.65%)
AMD   75.36 (+0.21%)
MU   57.37 (+1.13%)
CGC   2.65 (-2.21%)
T   21.10 (-0.33%)
GE   61.57 (-0.74%)
F   11.06 (-1.25%)
DIS   96.08 (-1.13%)
AMC   12.59 (-1.49%)
PFE   52.75 (+2.15%)
PYPL   73.24 (-1.56%)
NFLX   184.06 (-0.98%)
QQQ   289.15 (+0.76%)
AAPL   143.01 (+1.02%)
MSFT   266.22 (+1.28%)
META   169.76 (+0.93%)
GOOGL   2,292.42 (+1.20%)
AMZN   114.40 (+0.79%)
TSLA   695.45 (-0.54%)
NVDA   151.36 (+1.15%)
NIO   20.80 (-6.22%)
BABA   119.35 (-0.65%)
AMD   75.36 (+0.21%)
MU   57.37 (+1.13%)
CGC   2.65 (-2.21%)
T   21.10 (-0.33%)
GE   61.57 (-0.74%)
F   11.06 (-1.25%)
DIS   96.08 (-1.13%)
AMC   12.59 (-1.49%)
PFE   52.75 (+2.15%)
PYPL   73.24 (-1.56%)
NFLX   184.06 (-0.98%)
QQQ   289.15 (+0.76%)
AAPL   143.01 (+1.02%)
MSFT   266.22 (+1.28%)
META   169.76 (+0.93%)
GOOGL   2,292.42 (+1.20%)
AMZN   114.40 (+0.79%)
TSLA   695.45 (-0.54%)
NVDA   151.36 (+1.15%)
NIO   20.80 (-6.22%)
BABA   119.35 (-0.65%)
AMD   75.36 (+0.21%)
MU   57.37 (+1.13%)
CGC   2.65 (-2.21%)
T   21.10 (-0.33%)
GE   61.57 (-0.74%)
F   11.06 (-1.25%)
DIS   96.08 (-1.13%)
AMC   12.59 (-1.49%)
PFE   52.75 (+2.15%)
PYPL   73.24 (-1.56%)
NFLX   184.06 (-0.98%)
QQQ   289.15 (+0.76%)
AAPL   143.01 (+1.02%)
MSFT   266.22 (+1.28%)
META   169.76 (+0.93%)
GOOGL   2,292.42 (+1.20%)
AMZN   114.40 (+0.79%)
TSLA   695.45 (-0.54%)
NVDA   151.36 (+1.15%)
NIO   20.80 (-6.22%)
BABA   119.35 (-0.65%)
AMD   75.36 (+0.21%)
MU   57.37 (+1.13%)
CGC   2.65 (-2.21%)
T   21.10 (-0.33%)
GE   61.57 (-0.74%)
F   11.06 (-1.25%)
DIS   96.08 (-1.13%)
AMC   12.59 (-1.49%)
PFE   52.75 (+2.15%)
PYPL   73.24 (-1.56%)
NFLX   184.06 (-0.98%)
NYSE:WRE

Washington Real Estate Investment Trust Stock Forecast, Price & News

$21.39
-0.08 (-0.37%)
(As of 07/6/2022 05:44 PM ET)
Add
Compare
Today's Range
$21.27
$21.69
50-Day Range
$21.28
$25.18
52-Week Range
$21.03
$26.79
Volume
539,347 shs
Average Volume
584,559 shs
Market Capitalization
$1.87 billion
P/E Ratio
178.25
Dividend Yield
3.17%
Price Target
$24.25

Washington Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
12.9% Upside
$24.25 Price Target
Short Interest
Bearish
4.51% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.66mentions of Washington Real Estate Investment Trust in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.87%
From $0.92 to $1.02 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.64 out of 5 stars

Finance Sector

716th out of 1,389 stocks

Real Estate Investment Trusts Industry

160th out of 235 stocks

30 days | 90 days | 365 days | Advanced Chart

Receive WRE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Washington Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter.

Washington Real Estate Investment Trust logo

About Washington Real Estate Investment Trust (NYSE:WRE) Stock

WashREIT owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.

WRE Stock News Headlines

WashREIT Welcomes New Board Member, Jennifer Banner
WRE Crosses Above Average Analyst Target
Washington Real Estate declares $0.17 dividend
Washington Reit (WRE) Q4 FFO and Revenues Miss Estimates
WashREIT Announces 2021 Dividend Income Tax Treatment
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
Sector
Finance
CUSIP
93965310
Employees
53
Year Founded
N/A

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 7/6 Dividend
6/21/2022
Today
7/06/2022
Dividend Payable
7/06/2022
Next Earnings (Confirmed)
7/28/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$24.25
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+13.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33333333333333
Research Coverage
3 Analysts

Profitability

Net Income
$16.38 million
Pretax Margin
-30.39%

Debt

Sales & Book Value

Annual Sales
$169.15 million
Cash Flow
$0.55 per share
Book Value
$15.56 per share

Miscellaneous

Free Float
86,552,000
Market Cap
$1.87 billion
Optionable
Optionable
Beta
0.87














Washington Real Estate Investment Trust Frequently Asked Questions

Should I buy or sell Washington Real Estate Investment Trust stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Washington Real Estate Investment Trust in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Washington Real Estate Investment Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WRE, but not buy additional shares or sell existing shares.
View analyst ratings for Washington Real Estate Investment Trust
or view top-rated stocks.

What is Washington Real Estate Investment Trust's stock price forecast for 2022?

3 Wall Street research analysts have issued 12-month price objectives for Washington Real Estate Investment Trust's shares. Their WRE stock forecasts range from $21.00 to $29.00. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $24.25 in the next year. This suggests a possible upside of 13.4% from the stock's current price.
View analysts' price targets for Washington Real Estate Investment Trust
or view top-rated stocks among Wall Street analysts.

How has Washington Real Estate Investment Trust's stock price performed in 2022?

Washington Real Estate Investment Trust's stock was trading at $25.85 at the beginning of 2022. Since then, WRE shares have decreased by 17.3% and is now trading at $21.39.
View the best growth stocks for 2022 here
.

When is Washington Real Estate Investment Trust's next earnings date?

Washington Real Estate Investment Trust is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for Washington Real Estate Investment Trust
.

How can I listen to Washington Real Estate Investment Trust's earnings call?

Washington Real Estate Investment Trust will be holding an earnings conference call on Friday, July 29th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "45843".

How were Washington Real Estate Investment Trust's earnings last quarter?

Washington Real Estate Investment Trust (NYSE:WRE) announced its quarterly earnings results on Thursday, October, 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.47. The real estate investment trust earned $42.50 million during the quarter, compared to analysts' expectations of $44.44 million. Washington Real Estate Investment Trust had a net margin of 5.56% and a negative trailing twelve-month return on equity of 4.11%. Washington Real Estate Investment Trust's quarterly revenue was down 2.7% compared to the same quarter last year. During the same period last year, the company posted $0.36 earnings per share.
View Washington Real Estate Investment Trust's earnings history
.

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 Wednesday, April 27th. Shareholders of record on Wednesday, June 22nd will be paid a dividend of $0.17 per share on Wednesday, July 6th. This represents a $0.68 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend is Tuesday, June 21st.
View Washington Real Estate Investment Trust's dividend history
.

Is Washington Real Estate Investment Trust a good dividend stock?

Washington Real Estate Investment Trust(NYSE:WRE) pays an annual dividend of $0.68 per share and currently has a dividend yield of 3.17%. The dividend payout ratio of Washington Real Estate Investment Trust is 566.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Washington Real Estate Investment Trust will have a dividend payout ratio of 66.67% next year. This indicates that Washington Real Estate Investment Trust will be able to sustain or increase its dividend.
View Washington Real Estate Investment Trust's dividend history.

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

Washington Real Estate Investment Trust updated its FY22 earnings guidance on Wednesday, April, 27th. The company provided earnings per share (EPS) guidance of $0.87-$0.93 for the period, compared to the consensus estimate of $0.90.

Who are Washington Real Estate Investment Trust's key executives?

Washington Real Estate Investment Trust's management team includes the following people:
  • Mr. Paul T. McDermott, Chairman of Board, Pres & CEO (Age 60, Pay $2.32M)
  • Mr. Stephen E. Riffee, Exec. VP & CFO (Age 64, Pay $1.25M)
  • Mr. Andrew E. Leahy, VP of Investments
  • Mr. Wade Drew Hammond, VP, Chief Accounting Officer, Corp. Sec. & Treasurer (Age 47)
  • Ms. Susan Lilly Gerock, Sr. VP of Information Technology & Chief Information Officer
  • Ms. Amy Hopkins, VP of Investor Relations
  • Ms. Deanna Schmidt, VP of Marketing & Communications
  • Mr. Ian Kessler, VP of HR
  • Mr. Edward J. Murn IV, Managing Director of Devel. & Multifamily Division (Age 54)
  • Mr. Anthony C. Chang, VP of Asset Management

What is Paul T. McDermott's approval rating as Washington Real Estate Investment Trust's CEO?

7 employees have rated Washington Real Estate Investment Trust CEO Paul T. McDermott on Glassdoor.com. Paul T. McDermott has an approval rating of 66% among Washington Real Estate Investment Trust's employees. 68.0% of employees surveyed would recommend working at Washington Real Estate Investment Trust to a friend.

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 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).

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 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Washington Real Estate Investment Trust's stock price today?

One share of WRE stock can currently be purchased for approximately $21.39.

How much money does Washington Real Estate Investment Trust make?

Washington Real Estate Investment Trust (NYSE:WRE) has a market capitalization of $1.87 billion and generates $169.15 million in revenue each year. The real estate investment trust earns $16.38 million in net income (profit) each year or $0.12 on an earnings per share basis.

How many employees does Washington Real Estate Investment Trust have?

Washington Real Estate Investment Trust employs 53 workers across the globe.

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 official website for Washington Real Estate Investment Trust is www.washreit.com. The real estate investment trust can be reached via phone at (202) 774-3200, via email at ahopkins@washreit.com, or via fax at 301-984-9610.

This page (NYSE:WRE) was last updated on 7/6/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.