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NYSE:WRE

Washington Real Estate Investment Trust Stock Forecast, Price & News

$24.63
+0.32 (+1.32 %)
(As of 11/24/2020 12:00 AM ET)
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Today's Range
$24.40
Now: $24.63
$25.18
50-Day Range
$17.29
MA: $20.35
$24.31
52-Week Range
$16.95
Now: $24.63
$32.22
Volume853,391 shs
Average Volume487,839 shs
Market Capitalization$2.03 billion
P/E Ratio5.17
Dividend Yield4.94%
Beta0.76
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.
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Washington Real Estate Investment Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.1Community Rank: 1.8Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.66 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP93965310
Phone202-774-3200
Employees125

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$309.18 million
Cash Flow$2.81 per share
Book Value$17.52 per share

Profitability

Net Income$383.55 million

Miscellaneous

Market Cap$2.03 billion
Next Earnings Date2/11/2021 (Estimated)
OptionableOptionable
$24.63
+0.32 (+1.32 %)
(As of 11/24/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Washington Real Estate Investment Trust (NYSE:WRE) Frequently Asked Questions

How has Washington Real Estate Investment Trust's stock been impacted by Coronavirus (COVID-19)?

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 4.6% and is now trading at $24.63.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Washington Real Estate Investment Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Real Estate Investment Trust in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Washington Real Estate Investment Trust
.

What stocks does MarketBeat like better than Washington Real Estate Investment Trust?

Wall Street analysts have given Washington Real Estate Investment Trust a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Washington Real Estate Investment Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks 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, February 11th 2021.
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) released its quarterly earnings data on Thursday, October, 29th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.36. The real estate investment trust earned $73.23 million during the quarter, compared to analysts' expectations of $71.48 million. Washington Real Estate Investment Trust had a return on equity of 3.10% and a net margin of 123.40%. Washington Real Estate Investment Trust's revenue was down 8.8% compared to the same quarter last year. During the same period last year, the firm earned $0.41 EPS.
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 announced a quarterly dividend on Monday, November 2nd. Shareholders of record on Wednesday, December 23rd will be given a dividend of $0.30 per share on Wednesday, January 6th. This represents a $1.20 annualized dividend and a yield of 4.87%. The ex-dividend date of this dividend is Tuesday, December 22nd.
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 issued an update on its FY20 earnings guidance on Thursday, October, 29th. The company provided earnings per share (EPS) guidance of $1.44 to $1.46 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.46.

What price target have analysts set for WRE?

5 analysts have issued 1 year target prices for Washington Real Estate Investment Trust's shares. Their forecasts range from $21.00 to $24.00. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $23.20 in the next twelve months. This suggests that the stock has a possible downside of 5.8%.
View analysts' price targets for Washington Real Estate Investment Trust
.

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 Realty Income (O), The 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).

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 58, Pay $1.99M)
  • Mr. Stephen E. Riffee, Exec. VP & CFO (Age 62, Pay $1.15M)
  • Ms. Taryn D. Fielder, Sr. VP, Gen. Counsel & Corp. Sec. (Age 42, Pay $710.22k)
  • Mr. Andrew E. Leahy, VP of Investments
  • Mr. Wade Drew Hammond, VP, Chief Accounting Officer & Treasurer (Age 45)
  • Ms. Susan Lilly Gerock, Chief Information Officer & VP of Information Technology
  • Ms. Amy Hopkins, VP of Investor Relations
  • Ms. Deanna Schmidt, Sr. Director of Marketing & Communications
  • Mr. Brian Guttman, VP of HR
  • Mr. Edward J. Murn IV, Managing Director of Devel. & Multifamily Division (Age 52)

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (16.94%), State Street Corp (5.03%), Victory Capital Management Inc. (3.78%), Thornburg Investment Management Inc. (3.54%), Wells Fargo & Company MN (2.60%) and Charles Schwab Investment Management Inc. (1.26%).
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 BlackRock Inc., State Street Corp, JPMorgan Chase & Co., Victory Capital Management Inc., Tufton Capital Management, Principal Financial Group Inc., Morgan Stanley, 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 Thornburg Investment Management Inc., Wells Fargo & Company MN, UBS Asset Management Americas Inc., SG Americas Securities LLC, Aperio Group LLC, ExodusPoint Capital Management LP, Great West Life Assurance Co. Can, and Nisa Investment Advisors LLC.
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 $24.63.

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

Washington Real Estate Investment Trust has a market capitalization of $2.03 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 125 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 11/25/2020 by MarketBeat.com Staff

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