NYSE:WREWashington Real Estate Investment Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Washington Real Estate Investment Trust Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $22.66 +0.51 (+2.30 %) (As of 05/27/2020 04:00 PM ET) Add Compare Share Today's Range$22.07Now: $22.66▼$23.1550-Day Range$18.85MA: $21.94▼$24.7052-Week Range$18.01Now: $22.66▼$32.22Volume363,231 shsAverage Volume542,142 shsMarket Capitalization$1.87 billionP/E Ratio4.68Dividend Yield5.42%Beta0.82 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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).Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingWashington Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.75, Washington Real Estate Investment Trust has a potential upside of 26.9% from its current price of $22.66.Amount of Analyst CoverageWashington Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesWashington Real Estate Investment Trust has received 213 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWashington Real Estate Investment Trust has received 362 “underperform” votes. (Add your “underperform” vote.)Community SentimentWashington Real Estate Investment Trust has received 62.96% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipWashington Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 5.42%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWashington Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Washington Real Estate Investment Trust is 72.29 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Washington Real Estate Investment Trust will have a dividend payout ratio of 78.95 % in the coming year. This indicates that Washington Real Estate Investment Trust may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Washington Real Estate Investment Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.78% of the stock of Washington Real Estate Investment Trust is held by insiders.Percentage Held by Institutions87.95% of the stock of Washington Real Estate Investment Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Washington Real Estate Investment Trust are expected to grow by 0.66% in the coming year, from $1.51 to $1.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Washington Real Estate Investment Trust is 4.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Washington Real Estate Investment Trust is 4.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.66.Price to Book Value per Share RatioWashington Real Estate Investment Trust has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.11 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:WRE Previous Symbol CUSIP93965310 CIK104894 Webwww.washreit.com Phone202-774-3200Debt Debt-to-Equity Ratio0.84 Current Ratio0.87 Quick Ratio0.87Price-To-Earnings Trailing P/E Ratio4.68 Forward P/E Ratio15.01 P/E GrowthN/A Sales & Book Value Annual Sales$309.18 million Price / Sales6.03 Cash Flow$2.36 per share Price / Cash Flow9.59 Book Value$16.50 per share Price / Book1.37Profitability EPS (Most Recent Fiscal Year)$1.66 Net Income$383.55 million Net Margins123.89% Return on Equity3.80% Return on Assets1.80%Miscellaneous Employees149 Outstanding Shares82,317,000Market Cap$1.87 billion Next Earnings Date7/23/2020 (Estimated) OptionableOptionable WRE Rates by TradingView Receive WRE News and Ratings via Email Sign-up to receive the latest news and ratings for WRE and its competitors with MarketBeat's FREE daily newsletter. Washington Real Estate Investment Trust (NYSE:WRE) Frequently Asked Questions How has Washington Real Estate Investment Trust's stock been impacted by COVID-19 (Coronavirus)? Washington Real Estate Investment Trust's stock was trading at $25.83 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WRE shares have decreased by 12.3% and is now trading at $22.66. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Washington Real Estate Investment Trust? 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. 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 23rd 2020. View our earnings forecast for Washington Real Estate Investment Trust. How were Washington Real Estate Investment Trust's earnings last quarter? 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 the Zacks' consensus estimate 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 net margin of 123.89% and a return on equity of 3.80%. The company's quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the company earned $0.44 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 22nd. Investors 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 yield of 5.30%. The ex-dividend date is Friday, June 19th. View Washington Real Estate Investment Trust's dividend history. What price target have analysts set for WRE? 2 brokers have issued 12-month price targets for Washington Real Estate Investment Trust's stock. Their forecasts range from $24.00 to $33.50. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $28.75 in the next year. This suggests a possible upside of 26.9% from the stock's current price. View analysts' price targets for Washington Real Estate Investment Trust. Has Washington Real Estate Investment Trust been receiving favorable news coverage? News articles about WRE stock have been trending extremely positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. Washington Real Estate Investment Trust earned a daily sentiment score of 4.8 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutWashington Real Estate Investment Trust. Who are some of Washington Real Estate Investment Trust's key competitors? 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. 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 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). 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 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 InvestmentsMr. Wade Drew Hammond, VP, Chief Accounting Officer & Treasurer (Age 44) 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." Who are Washington Real Estate Investment Trust's major shareholders? Washington Real Estate Investment Trust's stock is owned by many different retail and institutional 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. Which institutional investors are selling Washington Real Estate Investment Trust stock? 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. Which institutional investors are buying Washington Real Estate Investment Trust stock? 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. 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, Robinhood, 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 $22.66. How big of a company is Washington Real Estate Investment Trust? Washington Real Estate Investment Trust has a market capitalization of $1.87 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. What is Washington Real Estate Investment Trust's official website? The official website for Washington Real Estate Investment Trust is 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] This page was last updated on 5/27/2020 by MarketBeat.com Staff
