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

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$27.06 -0.44 (-1.60 %)
(As of 05/19/2019 06:45 AM ET)
Previous Close$27.06
Today's Range$27.02 - $27.4550
52-Week Range$22.53 - $31.85
Volume1.35 million shs
Average Volume507,750 shs
Market Capitalization$2.17 billion
P/E Ratio14.55
Dividend Yield4.36%
Beta0.96
Washington REIT owns and operates uniquely positioned real estate assets in the Washington D.C. market. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. Our portfolio of 48 properties includes 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$1.8358 per share
Book Value$12.97 per share

Profitability

Net Income$25.63 million

Miscellaneous

Employees149
Market Cap$2.17 billion
Next Earnings Date7/25/2019 (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 announced a quarterly dividend on Thursday, April 25th. Investors of record on Friday, June 14th will be paid a dividend of $0.30 per share on Friday, June 28th. This represents a $1.20 annualized dividend and a yield of 4.43%. The ex-dividend date is Thursday, June 13th. 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) issued its quarterly earnings results on Wednesday, April, 24th. The real estate investment trust reported $0.44 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.44. The real estate investment trust earned $83.20 million during the quarter, compared to the consensus estimate of $82.12 million. Washington Real Estate Investment Trust had a net margin of 5.35% and a return on equity of 1.68%. The firm's revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.46 EPS. 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 25th 2019. View Earnings Estimates for Washington Real Estate Investment Trust.

How can I listen to Washington Real Estate Investment Trust's earnings call?

Washington Real Estate Investment Trust will be holding an earnings conference call on Friday, July 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774079205.

What price target have analysts set for WRE?

5 analysts have issued 1 year price objectives for Washington Real Estate Investment Trust's shares. Their forecasts range from $26.00 to $31.00. On average, they expect Washington Real Estate Investment Trust's stock price to reach $28.50 in the next year. This suggests a possible upside of 5.3% 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?

News stories about WRE stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Washington Real Estate Investment Trust earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the near future.

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 Chemours (CC), Cracker Barrel Old Country Store (CBRL), Realty Income (O), Verizon Communications (VZ), Intel (INTC), Brinker International (EAT), Visa (V), Exxon Mobil (XOM), NVIDIA (NVDA) 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)
  • Ms. Taryn D. Fielder, Sr. VP, Gen. Counsel & Corp. Sec. (Age 41)
  • Mr. Andrew E. Leahy, VP of Investments
  • Mr. Wade Drew Hammond, VP, Chief Accounting Officer & Treasurer (Age 44)

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. (14.17%), FMR LLC (5.69%), Victory Capital Management Inc. (4.23%), Renaissance Technologies LLC (3.67%), Macquarie Group Ltd. (2.52%) and Northern Trust Corp (2.32%). 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 SEI Investments Co, Resolution Capital Ltd, Deroy & Devereaux Private Investment Counsel Inc., SG Americas Securities LLC, Teachers Insurance & Annuity Association of America, Sumitomo Mitsui Trust Holdings Inc., Pacific Heights Asset Management LLC and Morgan Stanley. 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., Principal Financial Group Inc., Renaissance Technologies LLC, Victory Capital Management Inc., Goldman Sachs Group Inc., FMR LLC, Pennsylvania Trust Co and Pennsylvania Trust Co. 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 $2.17 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:  184 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  493
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 5/19/2019 by MarketBeat.com Staff

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