NYSE:WRE - Washington Real Estate Investment Trust Stock Price, Price Target & More

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$30.42 +0.54 (+1.81 %)
(As of 07/20/2018 08:00 AM ET)
Previous Close$29.88
Today's Range$29.82 - $30.55
52-Week Range$24.92 - $33.96
Volume386,600 shs
Average Volume321,874 shs
Market Capitalization$2.35 billion
P/E Ratio16.71
Dividend Yield4.02%
Beta0.76
Washington Real Estate Investment Trust logoWashington REIT owns and operates uniquely positioned real estate assets in the Washington D.C. market. The Company's portfolio of 49 properties consists of approximately 6.4 million square feet of commercial space and 4,268 multifamily apartment units. These 49 properties consist of 20 office properties, 16 retail centers and 13 multifamily properties. Washington REIT shares are publicly traded on the New York Stock Exchange (NYSE:WRE).

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:WRE
CUSIP93965310
Phone202-774-3200

Debt

Debt-to-Equity Ratio1.25
Current Ratio1.32
Quick Ratio1.32

Price-To-Earnings

Trailing P/E Ratio16.71
Forward P/E Ratio16.44
P/E GrowthN/A

Sales & Book Value

Annual Sales$325.08 million
Price / Sales7.36
Cash Flow$1.7333 per share
Price / Cash17.55
Book Value$13.96 per share
Price / Book2.18

Profitability

EPS (Most Recent Fiscal Year)$1.82
Net Income$19.66 million
Net Margins4.91%
Return on Equity1.49%
Return on Assets0.68%

Miscellaneous

Employees149
Outstanding Shares78,640,000
Market Cap$2,349.69

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

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 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 Thursday, April 26th. Investors of record on Friday, June 15th will be paid a dividend of $0.30 per share on Friday, June 29th. This represents a $1.20 annualized dividend and a yield of 3.94%. The ex-dividend date of this dividend is Thursday, June 14th. View Washington Real Estate Investment Trust's Dividend History.

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

Washington Real Estate Investment Trust (NYSE:WRE) posted its earnings results on Wednesday, April, 25th. The real estate investment trust reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.01. The real estate investment trust had revenue of $84.88 million for the quarter, compared to analysts' expectations of $83.15 million. Washington Real Estate Investment Trust had a net margin of 4.91% and a return on equity of 1.49%. The firm's quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.44 earnings per share. View Washington Real Estate Investment Trust's Earnings History.

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

Washington Real Estate Investment Trust is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Washington Real Estate Investment Trust.

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

Washington Real Estate Investment Trust issued an update on its FY18 earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $1.82-$1.90 for the period, compared to the Thomson Reuters consensus estimate of $1.86.

What price target have analysts set for WRE?

5 analysts have issued twelve-month target prices for Washington Real Estate Investment Trust's shares. Their forecasts range from $26.00 to $34.00. On average, they expect Washington Real Estate Investment Trust's stock price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 1.4%. View Analyst Ratings for Washington Real Estate Investment Trust.

What is the consensus analysts' recommendation for 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 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Are investors shorting Washington Real Estate Investment Trust?

Washington Real Estate Investment Trust saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 3,605,001 shares, an increase of 70.0% from the May 31st total of 2,120,278 shares. Based on an average trading volume of 527,709 shares, the days-to-cover ratio is presently 6.8 days. Currently, 4.6% of the shares of the stock are sold short. View Washington Real Estate Investment Trust's Current Options Chain.

Who are some of Washington Real Estate Investment Trust's key competitors?

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

Washington Real Estate Investment Trust's management team includes the folowing people:
  • Mr. Paul T. McDermott, Chairman of Board, Pres & CEO (Age 56)
  • Mr. Stephen E. Riffee, Exec. VP & CFO (Age 60)
  • Mr. Thomas Q. Bakke, Exec. VP & COO (Age 63)
  • Ms. Taryn D. Fielder, Sr. VP, Gen. Counsel & Corp. Sec. (Age 40)
  • Mr. Anthony C. Chang, VP of Asset Management

Has Washington Real Estate Investment Trust been receiving favorable news coverage?

Press coverage about WRE stock has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Washington Real Estate Investment Trust earned a coverage optimism score of 0.12 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 47.15 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Washington Real Estate Investment Trust's major shareholders?

Washington Real Estate Investment Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Westpac Banking Corp (0.23%), Pendal Group Ltd (0.06%), State of Alaska Department of Revenue (0.04%), Nisa Investment Advisors LLC (0.02%), Bank of Montreal Can (0.02%) and Bellecapital International Ltd. (0.01%). View Institutional Ownership Trends for Washington Real Estate Investment Trust.

Which major investors are selling Washington Real Estate Investment Trust stock?

WRE stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Pendal Group Ltd. View Insider Buying and Selling for Washington Real Estate Investment Trust.

Which major investors are buying Washington Real Estate Investment Trust stock?

WRE stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Bank of Montreal Can, Westpac Banking Corp and Bellecapital International Ltd.. View Insider Buying and Selling 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, Scottrade, 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 $30.42.

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

Washington Real Estate Investment Trust has a market capitalization of $2.35 billion and generates $325.08 million in revenue each year. The real estate investment trust earns $19.66 million in net income (profit) each year or $1.82 on an earnings per share basis. Washington Real Estate Investment Trust employs 149 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 real estate investment trust can be reached via phone at 202-774-3200 or via email at [email protected]


MarketBeat Community Rating for Washington Real Estate Investment Trust (NYSE WRE)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  227 (Vote Underperform)
Total Votes:  356
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.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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