About Washington Real Estate Investment Trust (NYSE:WRE)
Washington REIT is a self-administered, equity real estate investment trust investing in income-producing properties in the greater Washington metro region. Washington REIT owns a diversified portfolio of 49 properties, totaling approximately 6.4 million square feet of commercial space and 4,268 multifamily units, and land held for development. 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).
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:WRE
CUSIP93965310
Phone202-774-3200
Debt
Debt-to-Equity Ratio1.05%
Current Ratio1.34%
Quick Ratio1.34%
Price-To-Earnings
Trailing P/E Ratio15.20
Forward P/E Ratio14.84
P/E Growth14.81
Sales & Book Value
Annual Sales$325.08 million
Price / Sales6.66
Cash Flow$1.7079 per share
Price / Cash16.16
Book Value$13.96 per share
Price / Book1.98
Profitability
EPS (Most Recent Fiscal Year)$1.82
Net Income$19.66 million
Net Margins6.04%
Return on Equity1.80%
Return on Assets0.84%
Miscellaneous
Employees149
Outstanding Shares78,500,000
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 Friday, February 16th. Investors of record on Thursday, March 15th will be paid a dividend of $0.30 per share on Thursday, March 29th. This represents a $1.20 annualized dividend and a dividend yield of 4.35%. The ex-dividend date is Wednesday, March 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) announced its earnings results on Thursday, February, 15th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.41. The real estate investment trust earned $81.30 million during the quarter, compared to analysts' expectations of $81.94 million. Washington Real Estate Investment Trust had a return on equity of 1.80% and a net margin of 6.04%. View Washington Real Estate Investment Trust's Earnings History.
When is Washington Real Estate Investment Trust's next earnings date?
What guidance has Washington Real Estate Investment Trust issued on next quarter's earnings?
Washington Real Estate Investment Trust updated its FY18 earnings guidance on Thursday, February, 15th. The company provided earnings per share (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 Wall Street analysts have issued 1-year price objectives for Washington Real Estate Investment Trust's shares. Their predictions range from $26.00 to $34.00. On average, they anticipate Washington Real Estate Investment Trust's stock price to reach $30.00 in the next year. View Analyst Ratings for Washington 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 Brixmor Property Group (BRX), Apple Hospitality REIT (APLE), Hospitality Properties Trust (HPT), Ryman Hospitality Properties (RHP), Life Storage (LSI), EPR Properties (EPR), HRPT Properties Trust (EQC), Gramercy Property Trust (GPT), CoreSite (COR), Senior Housing Properties Trust (SNH), RLJ Lodging Trust (RLJ), Cousins Properties (CUZ), First Industrial Realty Trust (FR), LaSalle Hotel Properties (LHO), Weingarten Realty (WRI), Paramount Group (PGRE), Healthcare Realty Trust (HR) and Taubman Centers (TCO).
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, Pres, CEO & Trustee (Age 56)
- Mr. Stephen E. Riffee, Exec. VP & CFO (Age 60)
- Mr. Thomas Q. Bakke, Chief Operating Officer and Exec. VP (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?
Media coverage about WRE stock has trended somewhat negative this week, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Washington Real Estate Investment Trust earned a daily sentiment score of -0.02 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 46.14 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 $27.60.
How big of a company is Washington Real Estate Investment Trust?
Washington Real Estate Investment Trust has a market capitalization of $2.16 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 (WRE)
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.
Washington Real Estate Investment Trust (NYSE:WRE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Washington Real Estate Investment Trust in the last 12 months. Their average twelve-month price target is $30.00, suggesting that the stock has a possible upside of 8.70%. The high price target for WRE is $34.00 and the low price target for WRE is $26.00. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Buy |
| Consensus Rating Score: | 2.40 | 2.25 | 2.25 | 2.60 |
| Ratings Breakdown: | 1 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $30.00 | $29.3333 | $30.3333 | $34.10 |
| Price Target Upside: | 8.70% upside | 12.39% upside | 5.00% upside | 5.70% upside |
Washington Real Estate Investment Trust (NYSE:WRE) Consensus Price Target History
Washington Real Estate Investment Trust (NYSE:WRE) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Washington Real Estate Investment Trust (NYSE:WRE) Dividend Information
Washington Real Estate Investment Trust pays an annual dividend of $1.20 per share, with a dividend yield of 4.35%. WRE's most recent quarterly dividend payment was Thursday, March 29. Washington Real Estate Investment Trust pays out 65.93% of its earnings out as a dividend.
| Most Recent Dividend: | 3/29/2018 |
| Annual Dividend: | $1.20 |
| Dividend Yield: | 4.35% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 65.93% (Trailing 12 Months of Earnings)
64.52% (Based on This Year's Estimates)
63.49% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Washington Real Estate Investment Trust (NYSE:WRE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/16/2018 | quarterly | $0.30 | 4.51% | 3/14/2018 | 3/15/2018 | 3/29/2018 |
| 10/27/2017 | quarterly | $0.30 | 3.68% | 12/19/2017 | 12/20/2017 | 1/5/2018 |
| 7/31/2017 | Quarterly | $0.30 | | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 7/28/2017 | quarterly | $0.30 | 3.64% | 9/14/2017 | 9/15/2017 | 9/30/2017 |
| 4/27/2017 | quarterly | $0.30 | 3.75% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 2/21/2017 | quarterly | $0.30 | 3.62% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 10/28/2016 | quarterly | $0.30 | 4.11% | 12/19/2016 | 12/21/2016 | 1/6/2017 |
| 7/28/2016 | quarterly | $0.30 | 3.53% | 9/13/2016 | 9/15/2016 | 9/30/2016 |
| 4/28/2016 | quarterly | $0.30 | 4.09% | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 2/19/2016 | quarterly | $0.30 | 4.7% | 3/11/2016 | 3/15/2016 | 3/31/2016 |
| 10/23/2015 | quarterly | $0.30 | 4.45% | 12/18/2015 | 12/22/2015 | 1/5/2016 |
| 7/24/2015 | quarterly | $0.30 | 4.56% | 9/11/2015 | 9/15/2015 | 9/30/2015 |
| 4/24/2015 | quarterly | $0.30 | 4.61% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 2/20/2015 | quarterly | $0.30 | 4.23% | 3/12/2015 | 3/16/2015 | 3/31/2015 |
| 10/22/2014 | quarterly | $0.30 | 4.42% | 12/11/2014 | 12/15/2014 | 12/31/2014 |
| 7/24/2014 | quarterly | $0.30 | 4.48% | 9/11/2014 | 9/15/2014 | 9/30/2014 |
| 4/24/2014 | quarterly | $0.30 | 4.98% | 6/12/2014 | 6/16/2014 | 6/30/2014 |
| 2/18/2014 | quarterly | $0.30 | 4.94% | 3/12/2014 | 3/14/2014 | 3/31/2014 |
| 10/23/2013 | quarterly | $0.30 | 4.51% | 12/12/2013 | 12/16/2013 | 12/31/2013 |
| 7/24/2013 | quarterly | $0.30 | 4.29% | 9/12/2013 | 9/16/2013 | 9/30/2013 |
| 4/25/2013 | quarterly | $0.30 | 4.3% | 6/12/2013 | 6/14/2013 | 6/28/2013 |
| 2/13/2013 | quarterly | $0.30 | 4.31% | 3/13/2013 | 3/15/2013 | 3/29/2013 |
(Data available from 1/1/2013 forward)
Washington Real Estate Investment Trust (NYSE WRE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.81%
Institutional Ownership Percentage: 84.21%
Washington Real Estate Investment Trust (NYSE WRE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 9/22/2015 | Edward J Iv Murn | Director | Buy | 1,000 | $25.25 | $25,250.00 | 10,481 |  |
| 6/4/2015 | John P Mcdaniel | Director | Sell | 1,875 | $25.40 | $47,625.00 | | |
| 12/18/2014 | Laura M Franklin | VP | Sell | 20,000 | $27.64 | $552,800.00 | | |
| 12/18/2014 | William T Camp | CFO | Sell | 15,000 | $27.64 | $414,600.00 | | |
| 9/17/2014 | Thomas L Regnell | VP | Sell | 2,675 | $26.51 | $70,914.25 | | |
| 9/12/2014 | William T Camp | CFO | Sell | 11,000 | $27.16 | $298,760.00 | | |
| 5/22/2014 | James Bradley Cederdahl | VP | Sell | 1,000 | $24.48 | $24,480.00 | 17,324 | |
| 5/15/2014 | Thomas Bakke | COO | Buy | 1,000 | $24.43 | $24,430.00 | 5,151 | |
| 5/13/2014 | Thomas Regnell | VP | Sell | 1,650 | $24.79 | $40,903.50 | 70,849 | |
| 5/2/2014 | Laura Franklin | VP | Sell | 10,000 | $24.40 | $244,000.00 | 86,319 | |
| 3/18/2014 | James Bradley Cederdahl | VP | Sell | 5,000 | $23.90 | $119,500.00 | 18,165 | |
| 12/17/2013 | John Mcdaniel | Director | Sell | 1,900 | $23.06 | $43,814.00 | 24,225 | |
| 11/11/2013 | Charles Nason | Director | Buy | 1,000 | $24.57 | $24,570.00 | 41,073 | |
| 10/30/2013 | William G Byrnes | Director | Buy | 18,000 | $26.19 | $471,420.00 | | |
| 10/29/2013 | Charles T Nason | Director | Buy | 5,000 | $26.31 | $131,550.00 | | |
| 8/23/2013 | Thomas Regnell | VP | Sell | 2,500 | $24.84 | $62,100.00 | 65,708 | |
(Data available from 1/1/2013 forward)
Washington Real Estate Investment Trust (NYSE WRE) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Zacks: Brokerages Expect Washington Real Estate Investment Trust (WRE) Will Announce Quarterly Sales of $82.82 Million
www.americanbankingnews.com - April 22 at 4:22 AM |
| $0.45 EPS Expected for Washington Real Estate Investment Trust (WRE) This Quarter
www.americanbankingnews.com - April 20 at 7:57 AM |
| Washington Real Estate Investment Trust (WRE) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 20 at 3:28 AM |
| Washington Real Estate Investment Trust (WRE) Downgraded by BidaskClub to "Sell"
www.americanbankingnews.com - April 19 at 12:16 PM |
| Washington Real Estate Investment Trust (WRE) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - April 18 at 1:18 AM |
| Washington Real Estate Investment Trust (WRE) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - April 13 at 7:15 PM |
| JPMorgan Chase Trims Washington Real Estate Investment Trust (WRE) Target Price to $32.00
www.americanbankingnews.com - April 10 at 10:57 AM |
| $82.90 Million in Sales Expected for Washington Real Estate Investment Trust (WRE) This Quarter
www.americanbankingnews.com - April 5 at 4:21 AM |
| Zacks: Brokerages Expect Washington Real Estate Investment Trust (WRE) to Post $0.45 EPS
www.americanbankingnews.com - April 3 at 9:18 AM |
| Washington Real Estate Investment Trust (WRE) Given a $31.00 Price Target at SunTrust Banks
www.americanbankingnews.com - March 26 at 8:46 PM |
| Washington Real Estate Investment Trust (WRE) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 26 at 3:06 AM |
 | New Research Coverage Highlights Home, Gorman-Rupp, Aratana Therapeutics, Washington Real Estate Investment Trust, XG Technology, and Hope — Consolidated Revenues, Company Growth, and Expectations for 2018
finance.yahoo.com - March 20 at 9:13 AM |
| $0.45 Earnings Per Share Expected for Washington Real Estate Investment Trust (WRE) This Quarter
www.americanbankingnews.com - March 17 at 5:52 AM |
| Washington Real Estate Investment Trust Confirms 1st Quarter 2018 Earnings Release Date and Conference Call Information
finance.yahoo.com - March 15 at 5:25 PM |
| Washington Real Estate Investment Trust to Post Q1 2018 Earnings of $0.46 Per Share, SunTrust Banks Forecasts (WRE)
www.americanbankingnews.com - March 12 at 1:18 AM |
| FY2018 EPS Estimates for Washington Real Estate Investment Trust (WRE) Increased by Analyst
www.americanbankingnews.com - March 9 at 9:18 AM |
| Washington Real Estate Investment Trust (WRE) Given a $28.00 Price Target by SunTrust Banks Analysts
www.americanbankingnews.com - March 7 at 7:30 PM |
| Wells Fargo & Company MN Has $33.96 Million Holdings in Washington Real Estate Investment Trust (WRE)
www.americanbankingnews.com - March 4 at 9:16 AM |
| Swiss National Bank Grows Position in Washington Real Estate Investment Trust (WRE)
www.americanbankingnews.com - March 4 at 8:22 AM |
| Washington Real Estate Investment Trust (WRE) Shares Bought by Farr Miller & Washington LLC DC
www.americanbankingnews.com - March 2 at 5:59 PM |
| $82.39 Million in Sales Expected for Washington Real Estate Investment Trust (WRE) This Quarter
www.americanbankingnews.com - March 2 at 1:32 PM |
| Q3 2018 EPS Estimates for Washington Real Estate Investment Trust Lifted by Analyst (WRE)
www.americanbankingnews.com - March 1 at 11:08 AM |
| Washington Real Estate Investment Trust (WRE) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 1 at 3:34 AM |
| Capital One Financial Equities Analysts Increase Earnings Estimates for Washington Real Estate Investment Trust (WRE)
www.americanbankingnews.com - February 28 at 11:26 AM |
| 130,248 Shares in Washington Real Estate Investment Trust (WRE) Acquired by Citadel Advisors LLC
www.americanbankingnews.com - February 24 at 2:20 PM |
| Washington Real Estate Investment Trust (WRE) Given "Sell" Rating at Stifel Nicolaus
www.americanbankingnews.com - February 17 at 12:10 AM |
| Washington Real Estate Investment Trust (WRE) Declares Quarterly Dividend of $0.30
www.americanbankingnews.com - February 16 at 6:00 PM |
| Washington Real Estate Investment Trust (WRE) Issues Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - February 16 at 12:14 AM |
| Washington Real Estate Investment Trust (WRE) Releases FY18 Earnings Guidance
www.americanbankingnews.com - February 15 at 5:08 PM |
| Washington Real Estate Investment Trust Announces Fourth Quarter and Year-End Operating Results for 2017
finance.yahoo.com - February 15 at 4:53 PM |
| Brokerages Anticipate Washington Real Estate Investment Trust (WRE) Will Post Quarterly Sales of $81.94 Million
www.americanbankingnews.com - February 13 at 4:32 AM |
| Zacks: Analysts Expect Washington Real Estate Investment Trust (WRE) to Announce $0.44 Earnings Per Share
www.americanbankingnews.com - February 11 at 11:12 AM |
| Washington Real Estate Investment Trust (WRE) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - February 8 at 2:16 AM |
| Washington Real Estate Investment Trust (WRE) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - February 4 at 3:30 AM |
| Financial Comparison: Cole Real Estate Investments (COLE) and Washington Real Estate Investment Trust (WRE)
www.americanbankingnews.com - February 3 at 11:12 AM |
| Equities Analysts Offer Predictions for Washington Real Estate Investment Trust's FY2019 Earnings (WRE)
www.americanbankingnews.com - January 29 at 7:46 AM |
| Analysts Expect Washington Real Estate Investment Trust (WRE) Will Announce Quarterly Sales of $81.94 Million
www.americanbankingnews.com - January 27 at 5:52 AM |
| Washington Real Estate Investment Trust Forecasted to Earn Q2 2018 Earnings of $0.48 Per Share (WRE)
www.americanbankingnews.com - January 26 at 9:44 AM |
| $0.44 Earnings Per Share Expected for Washington Real Estate Investment Trust (WRE) This Quarter
www.americanbankingnews.com - January 25 at 1:29 PM |
| Washington REIT Completes Acquisition of Arlington Tower in Rosslyn, VA, and the Sale of Braddock Metro Center in Alexandria, VA
finance.yahoo.com - January 24 at 4:24 PM |
| SunTrust Banks Weighs in on Washington Real Estate Investment Trust's FY2018 Earnings (WRE)
www.americanbankingnews.com - January 24 at 2:50 PM |
| Washington Real Estate Investment Trust Announces Income Tax Treatment Of Its 2017 Dividend Distribution
finance.yahoo.com - January 17 at 4:26 PM |
| Washington Real Estate Investment Trust (WRE) Receives Sell Rating from Stifel Nicolaus
www.americanbankingnews.com - January 16 at 12:40 AM |
| Washington Real Estate Investment Trust (WRE) Upgraded at Zacks Investment Research
www.americanbankingnews.com - January 13 at 2:04 PM |
| Q1 2018 Earnings Estimate for Washington Real Estate Investment Trust (WRE) Issued By Capital One Financial
www.americanbankingnews.com - January 12 at 9:04 AM |
| Q3 2018 EPS Estimates for Washington Real Estate Investment Trust (WRE) Reduced by Capital One Financial
www.americanbankingnews.com - January 11 at 1:10 PM |
| $81.56 Million in Sales Expected for Washington Real Estate Investment Trust (WRE) This Quarter
www.americanbankingnews.com - January 10 at 3:50 PM |
| Washington Real Estate Investment Trust Confirms 4th Quarter 2017 Earnings Release Date and Conference Call Information
finance.yahoo.com - January 4 at 4:24 PM |
 | Wash REIT inks $250 million deal for Rosslyn office tower
www.bizjournals.com - January 3 at 9:47 AM |
 | Washington REIT (WRE) to Acquire Arlington Tower for $250M
www.zacks.com - January 3 at 9:47 AM |
Washington Real Estate Investment Trust (NYSE:WRE) SEC Filings
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Washington Real Estate Investment Trust (NYSE:WRE) Income Statement, Balance Sheet and Cash Flow Statement
Washington Real Estate Investment Trust (NYSE WRE) Stock Chart for Monday, April, 23, 2018
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