Washington Real Estate Investment Trust Stock Forecast, Price & News

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.
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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.

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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.

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.

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.

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.

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.

Some companies that are related to Washington Real Estate Investment Trust include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), Spirit Realty Capital (SRC), PS Business Parks (PSB), Lexington Realty Trust (LXP), American Assets Trust (AAT), Investors Real Estate Trust (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO).
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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).

Washington Real Estate Investment Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRE."

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.

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.

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.

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.

One share of WRE stock can currently be purchased for approximately $24.63.

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.

The official website for Washington Real Estate Investment Trust is www.washreit.com.

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]