Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At March 31, 2019, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 177 properties which are located in 17 states spanning the country from coast to coast. These properties represent approximately 34.6 million square feet of which our interests in these properties aggregated approximately 22.6 million square feet of leasable area.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Phone713-866-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$531.15 million
Profitability
Miscellaneous
Employees254
Next Earnings Date10/29/2019 (Confirmed)
OptionableOptionable
Weingarten Realty Investors (NYSE:WRI) Frequently Asked Questions
What is Weingarten Realty Investors' stock symbol?
Weingarten Realty Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRI."
How often does Weingarten Realty Investors pay dividends? What is the dividend yield for Weingarten Realty Investors?
Weingarten Realty Investors declared a quarterly dividend on Wednesday, July 31st. Investors of record on Friday, September 6th will be given a dividend of $0.395 per share on Friday, September 13th. This represents a $1.58 annualized dividend and a yield of 5.82%. The ex-dividend date of this dividend is Thursday, September 5th. View Weingarten Realty Investors' Dividend History.
How were Weingarten Realty Investors' earnings last quarter?
Weingarten Realty Investors (NYSE:WRI) announced its quarterly earnings results on Wednesday, July, 31st. The real estate investment trust reported $0.65 EPS for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.12. The real estate investment trust had revenue of $119.46 million for the quarter, compared to the consensus estimate of $119.62 million. Weingarten Realty Investors had a return on equity of 13.06% and a net margin of 46.97%. Weingarten Realty Investors's quarterly revenue was down 13.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.57 earnings per share. View Weingarten Realty Investors' Earnings History.
When is Weingarten Realty Investors' next earnings date?
What guidance has Weingarten Realty Investors issued on next quarter's earnings?
Weingarten Realty Investors updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $2.05-2.11 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.13.
What price target have analysts set for WRI?
6 brokerages have issued 1 year target prices for Weingarten Realty Investors' shares. Their predictions range from $27.50 to $29.00. On average, they expect Weingarten Realty Investors' stock price to reach $28.1667 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for Weingarten Realty Investors.
What is the consensus analysts' recommendation for Weingarten Realty Investors?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weingarten Realty Investors in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Weingarten Realty Investors.
Has Weingarten Realty Investors been receiving favorable news coverage?
Press coverage about WRI stock has trended positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Weingarten Realty Investors earned a media sentiment score of 2.5 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 news coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Weingarten Realty Investors.
Are investors shorting Weingarten Realty Investors?
Weingarten Realty Investors saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,910,400 shares, an increase of 18.8% from the June 30th total of 1,608,300 shares. Based on an average daily volume of 899,300 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.6% of the company's stock are sold short. View Weingarten Realty Investors' Current Options Chain.
Who are some of Weingarten Realty Investors' key competitors?
Some companies that are related to Weingarten Realty Investors include UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Equity Lifestyle Properties (ELS), Duke Realty (DRE), Vornado Realty Trust (VNO), Host Hotels and Resorts (HST), Gecina (GECFF), Regency Centers (REG), Camden Property Trust (CPT), Federal Realty Investment Trust (FRT), SINO LD LTD/S (SNLAY), VICI Properties (VICI), Klepierre (KLPEF) and Vereit (VER).
What other stocks do shareholders of Weingarten Realty Investors own?
Who are Weingarten Realty Investors' key executives?
Weingarten Realty Investors' management team includes the folowing people:
- Mr. Andrew M. Alexander, Chairman, Pres & CEO (Age 62)
- Mr. Stephen C. Richter, Exec. VP & CFO (Age 64)
- Mr. Johnny L. Hendrix, Exec. VP & COO (Age 61)
- Mr. Joe D. Shafer CPA, Sr. VP, Chief Accounting Officer & Sec.
- Ms. Michelle Wiggs, VP of Investor Relations
Who are Weingarten Realty Investors' major shareholders?
Weingarten Realty Investors' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.03%), BlackRock Inc. (11.23%), JPMorgan Chase & Co. (3.62%), Invesco Ltd. (3.35%), Northern Trust Corp (1.83%) and Bank of New York Mellon Corp (1.80%). Company insiders that own Weingarten Realty Investors stock include Andrew M Alexander, Shelaghmichael C Brown, Stephen A Lasher and Stephen C Richter. View Institutional Ownership Trends for Weingarten Realty Investors.
Which institutional investors are selling Weingarten Realty Investors stock?
WRI stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Russell Investments Group Ltd., First Trust Advisors LP, BlackRock Inc., Bank of America Corp DE, Barings LLC, Teachers Insurance & Annuity Association of America and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold Weingarten Realty Investors company stock in the last year include Shelaghmichael C Brown and Stephen A Lasher. View Insider Buying and Selling for Weingarten Realty Investors.
Which institutional investors are buying Weingarten Realty Investors stock?
WRI stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Nuveen Asset Management LLC, Brookfield Asset Management Inc., Carlson Capital L P, Morgan Stanley, Marshall Wace North America L.P., Schroder Investment Management Group and Schroder Investment Management Group. View Insider Buying and Selling for Weingarten Realty Investors.
How do I buy shares of Weingarten Realty Investors?
Shares of WRI 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 Weingarten Realty Investors' stock price today?
One share of WRI stock can currently be purchased for approximately $27.14.
How big of a company is Weingarten Realty Investors?
Weingarten Realty Investors has a market capitalization of $3.49 billion and generates $531.15 million in revenue each year. The real estate investment trust earns $327.60 million in net income (profit) each year or $2.28 on an earnings per share basis. Weingarten Realty Investors employs 254 workers across the globe.View Additional Information About Weingarten Realty Investors.
What is Weingarten Realty Investors' official website?
How can I contact Weingarten Realty Investors?
Weingarten Realty Investors' mailing address is 2600 CITADEL PLAZA DRIVE, HOUSTON TX, 77292. The real estate investment trust can be reached via phone at 713-866-6000 or via email at [email protected]
MarketBeat Community Rating for Weingarten Realty Investors (NYSE WRI)
MarketBeat's community ratings are surveys of what our community members think about Weingarten Realty Investors and other stocks. Vote "Outperform" if you believe WRI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WRI will underperform the S&P 500 over the long term. You may vote once every thirty days.
