NYSE:WRE - Washington Real Estate Investment Trust Stock Price, News, & Analysis

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$27.06 +0.20 (+0.74 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$26.86
Today's Range$26.83 - $27.19
52-Week Range$22.53 - $31.85
Volume413,400 shs
Average Volume452,994 shs
Market Capitalization$2.16 billion
P/E Ratio14.55
Dividend Yield4.47%
Beta0.98
Washington REIT owns and operates uniquely positioned real estate assets in the Washington D.C. market. The Company's portfolio of 48 properties consists of 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).

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$336.89 million
Cash Flow$1.8753 per share
Book Value$13.37 per share

Profitability

Net Income$25.63 million

Miscellaneous

Employees149
Market Cap$2.16 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Friday, February 15th. Investors of record on Friday, March 15th will be given a dividend of $0.30 per share on Friday, March 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date of this dividend is Thursday, 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 quarterly earnings data on Thursday, February, 14th. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting analysts' consensus estimates of $0.46. The real estate investment trust earned $82.90 million during the quarter, compared to analysts' expectations of $83.63 million. Washington Real Estate Investment Trust had a return on equity of 2.38% and a net margin of 7.61%. Washington Real Estate Investment Trust's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $0.45 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 Wednesday, April 24th 2019. 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 FY 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $1.74-1.78 for the period. Washington Real Estate Investment Trust also updated its FY19 guidance to $1.74-$1.78 EPS.

What price target have analysts set for WRE?

5 brokers have issued twelve-month price targets for Washington Real Estate Investment Trust's stock. Their predictions range from $26.00 to $32.00. On average, they expect Washington Real Estate Investment Trust's stock price to reach $29.20 in the next year. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Price Targets 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, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Washington Real Estate Investment Trust.

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

Media headlines about WRE stock have been trending positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Washington Real Estate Investment Trust earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

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 Cracker Barrel Old Country Store (CBRL), Realty Income (O), Verizon Communications (VZ), Intel (INTC), General Electric (GE), NVIDIA (NVDA), Chemours (CC), Brinker International (EAT), Visa (V) and Starbucks (SBUX).

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 57)
  • Mr. Stephen E. Riffee, Exec. VP & CFO (Age 61)
  • Mr. Thomas Q. Bakke, Exec. VP & COO (Age 64)
  • Ms. Taryn D. Fielder, Sr. VP, Gen. Counsel & Corp. Sec. (Age 41)
  • Mr. Anthony C. Chang, VP of Asset Management

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

Washington Real Estate Investment Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.39%), Thornburg Investment Management Inc. (3.93%), Victory Capital Management Inc. (3.75%), Macquarie Group Ltd. (2.49%), Northern Trust Corp (2.30%) and Nuveen Asset Management LLC (2.11%). 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 Resolution Capital Ltd, Rothschild & Co. Asset Management US Inc., Nuveen Asset Management LLC, Folger Nolan Fleming Douglas Capital Management Inc., Westpac Banking Corp, Stratos Wealth Partners LTD., Bank of America Corp DE and Bank of New York Mellon Corp. 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 BlackRock Inc., First Trust Advisors LP, Millennium Management LLC, Thornburg Investment Management Inc., Nordea Investment Management AB, Geode Capital Management LLC, D. E. Shaw & Co. Inc. and Truehand Inc. 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 $27.06.

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 $336.89 million in revenue each year. The real estate investment trust earns $25.63 million in net income (profit) each year or $1.86 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 http://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]


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

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  172 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  459
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 2/22/2019 by MarketBeat.com Staff

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