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).
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
Current SymbolNYSE:WRE
Previous Symbol
CUSIP93965310
Phone202-774-3200
Debt
Debt-to-Equity Ratio1.13
Current Ratio1.26
Quick Ratio1.26
Price-To-Earnings
Trailing P/E Ratio15.83
Forward P/E Ratio15.66
P/E GrowthN/A
Sales & Book Value
Annual Sales$325.08 million
Price / Sales7.08
Cash Flow$1.7139 per share
Price / Cash16.81
Book Value$13.96 per share
Price / Book2.06
Profitability
EPS (Most Recent Fiscal Year)$1.82
Net Income$19.66 million
Net Margins6.64%
Return on Equity2.05%
Return on Assets0.92%
Miscellaneous
Employees149
Outstanding Shares79,850,000
Market Cap$2.29 billion
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 announced a quarterly dividend on Friday, October 26th. Investors of record on Thursday, December 20th will be given a dividend of $0.30 per share on Friday, January 4th. This represents a $1.20 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date is Wednesday, December 19th. 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) released its quarterly earnings results on Thursday, October, 25th. The real estate investment trust reported $0.07 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.02. The real estate investment trust had revenue of $82.50 million for the quarter, compared to the consensus estimate of $84.78 million. Washington Real Estate Investment Trust had a net margin of 6.64% and a return on equity of 2.05%. View Washington Real Estate Investment Trust's Earnings History.
When is Washington Real Estate Investment Trust's next earnings date?
What price target have analysts set for WRE?
4 brokers have issued 12 month price targets for Washington Real Estate Investment Trust's stock. Their forecasts range from $28.00 to $32.00. On average, they expect Washington Real Estate Investment Trust's share price to reach $29.6667 in the next year. This suggests a possible upside of 3.0% 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?
Has Washington Real Estate Investment Trust been receiving favorable news coverage?
News headlines about WRE stock have been trending somewhat positive on Wednesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Washington Real Estate Investment Trust earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of Washington Real Estate Investment Trust's key competitors?
Some companies that are related to Washington Real Estate Investment Trust include Sun Communities (SUI), Equity Lifestyle Properties (ELS), AGNC Investment (AGNC), Camden Property Trust (CPT), SL Green Realty (SLG), VICI Properties (VICI), National Retail Properties (NNN), Lamar Advertising (LAMR), Vereit (VER), Macerich (MAC), Gaming and Leisure Properties (GLPI), Kilroy Realty (KRC), Apartment Investment and Management (AIV), Omega Healthcare Investors (OHI) and Kimco Realty (KIM).
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
Who are Washington Real Estate Investment Trust's major shareholders?
Washington Real Estate Investment Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.96%), FMR LLC (5.32%), Victory Capital Management Inc. (3.74%), Renaissance Technologies LLC (2.69%), Wells Fargo & Company MN (1.75%) and Resolution Capital Ltd (1.65%). View Institutional Ownership Trends for Washington Real Estate Investment Trust.
Which institutional investors are selling Washington Real Estate Investment Trust stock?
Which institutional investors are buying Washington Real Estate Investment Trust stock?
WRE stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, FMR LLC, Victory Capital Management Inc., Renaissance Technologies LLC, BlackRock Inc., Wells Fargo & Company MN, Dimensional Fund Advisors LP and Keybank National Association OH. 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 $28.81.
How big of a company is Washington Real Estate Investment Trust?
Washington Real Estate Investment Trust has a market capitalization of $2.29 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.
What is Washington Real Estate Investment Trust's official website?
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)
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.
