Weingarten Realty Investors Company Profile (NYSE:WRI)

About Weingarten Realty Investors (NYSE:WRI)

Weingarten Realty Investors logoWeingarten Realty Investors is a real estate investment trust (REIT). The Company's primary business is leasing space to tenants in the shopping centers it owns or leases. The Company also provides property management services. The Company is in the business of owning, managing and developing retail shopping centers. As of December 31, 2016, the Company had owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 220 centers, primarily neighborhood and community shopping centers, which were located in 18 states spanning the country from coast to coast with approximately 44.7 million square feet of gross leasable area. Its centers are located principally in the South, West Coast and Southeast Coast of the United States with concentrations in Arizona, California, Florida and Texas. It also owned interests in 28 parcels of land that totaled approximately 19.8 million square feet, as of December 31, 2016.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Retail REITs
  • Sub-Industry: Retail REITs
  • Symbol: NYSE:WRI
  • CUSIP: 94874110
  • Web: www.weingarten.com
Capitalization:
  • Market Cap: $4.05544 billion
  • Outstanding Shares: 128,418,000
Average Prices:
  • 50 Day Moving Avg: $32.24
  • 200 Day Moving Avg: $31.93
  • 52 Week Range: $29.03 - $38.12
P/E:
  • Trailing P/E Ratio: 21.24
  • Foreward P/E Ratio: 12.73
  • P/E Growth: 3.61
Sales & Book Value:
  • Annual Revenue: $571.15 million
  • Price / Sales: 7.10
  • Book Value: $12.34 per share
  • Price / Book: 2.56
Dividend:
  • Annual Dividend: $1.54
  • Dividend Yield: 4.9%
Profitability:
  • EBITDA: $367.56 million
  • Net Margins: 33.57%
  • Return on Equity: 11.03%
  • Return on Assets: 4.36%
Debt:
  • Debt-to-Equity Ratio: 1.30%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.99%
Misc:
  • Average Volume: 795,726 shs.
  • Beta: 0.72
 

Frequently Asked Questions for Weingarten Realty Investors (NYSE:WRI)

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 Thursday, July 27th. Investors of record on Friday, September 8th will be paid a dividend of $0.385 per share on Friday, September 15th. This represents a $1.54 annualized dividend and a yield of 4.88%. The ex-dividend date of this dividend is Thursday, September 7th. View Weingarten Realty Investors' Dividend History.

How were Weingarten Realty Investors' earnings last quarter?

Weingarten Realty Investors (NYSE:WRI) issued its quarterly earnings results on Thursday, July, 27th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.01. The firm had revenue of $142.96 million for the quarter, compared to analysts' expectations of $142.34 million. Weingarten Realty Investors had a return on equity of 11.03% and a net margin of 33.57%. Weingarten Realty Investors's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 EPS. View Weingarten Realty Investors' Earnings History.

When will Weingarten Realty Investors make its next earnings announcement?

Weingarten Realty Investors is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Weingarten Realty Investors.

Where is Weingarten Realty Investors' stock going? Where will Weingarten Realty Investors' stock price be in 2017?

4 analysts have issued 12-month price objectives for Weingarten Realty Investors' shares. Their forecasts range from $30.00 to $37.00. On average, they expect Weingarten Realty Investors' stock price to reach $33.50 in the next twelve months. View Analyst Ratings for Weingarten Realty Investors.

Who are some of Weingarten Realty Investors' key competitors?

Who are Weingarten Realty Investors' key executives?

Weingarten Realty Investors' management team includes the folowing people:

  • Stanford Alexander, Chairman of the Board of Trust Managers
  • Andrew M. Alexander, President, Chief Executive Officer, Trust Manager
  • Stephen C. Richter, Chief Financial Officer, Executive Vice President
  • Johnny L. Hendrix, Chief Operating Officer, Executive Vice President
  • Shelaghmichael Brown, Independent Trust Manager
  • James W. Crownover, Independent Trust Manager
  • Stephen A. Lasher, Independent Trust Manager
  • Thomas L. Ryan, Independent Trust Manager
  • Douglas W. Schnitzer, Independent Trust Manager

Who owns Weingarten Realty Investors stock?

Weingarten Realty Investors' stock is owned by a number of of institutional and retail investors. Top institutional investors include Hermes Investment Management Ltd. (0.87%), Wendell David Associates Inc. (0.05%), State Treasurer State of Michigan (0.03%) and Howe & Rusling Inc. (0.00%). Company insiders that own Weingarten Realty Investors stock include Andrew M Alexander, Johnny Hendrix, Melvin A Dow, Richard David Williams, Robert J Cruikshank, Stephen A Lasher and Stephen C Richter. View Institutional Ownership Trends for Weingarten Realty Investors.

Who sold Weingarten Realty Investors stock? Who is selling Weingarten Realty Investors stock?

Weingarten Realty Investors' stock was sold by a variety of institutional investors in the last quarter, including Hermes Investment Management Ltd., Wendell David Associates Inc. and State Treasurer State of Michigan. View Insider Buying and Selling for Weingarten Realty Investors.

Who bought Weingarten Realty Investors stock? Who is buying Weingarten Realty Investors stock?

Weingarten Realty Investors' stock was acquired by a variety of institutional investors in the last quarter, including Howe & Rusling Inc.. View Insider Buying and Selling for Weingarten Realty Investors.

How do I buy Weingarten Realty Investors stock?

Shares of Weingarten Realty Investors can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Weingarten Realty Investors' stock price today?

One share of Weingarten Realty Investors stock can currently be purchased for approximately $31.58.


MarketBeat Community Rating for Weingarten Realty Investors (NYSE WRI)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  176 (Vote Underperform)
Total Votes:  285
MarketBeat's community ratings are surveys of what our community members think about Weingarten Realty Investors and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Weingarten Realty Investors (NYSE:WRI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $33.50 (6.08% upside)
Consensus Price Target History for Weingarten Realty Investors (NYSE:WRI)
Price Target History for Weingarten Realty Investors (NYSE:WRI)
Analysts' Ratings History for Weingarten Realty Investors (NYSE:WRI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/29/2017Jefferies Group LLCReiterated RatingHold$32.00LowView Rating Details
8/24/2017Robert W. BairdReiterated RatingBuy$37.00MediumView Rating Details
8/9/2017J P Morgan Chase & CoReiterated RatingNeutral$37.00 -> $35.00LowView Rating Details
7/31/2017Boenning ScattergoodSet Price TargetSell$30.00LowView Rating Details
8/12/2016Citigroup Inc.Boost Price TargetNeutral$40.00 -> $42.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Weingarten Realty Investors (NYSE:WRI)
Earnings by Quarter for Weingarten Realty Investors (NYSE:WRI)
Earnings History by Quarter for Weingarten Realty Investors (NYSE WRI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.60N/AView Earnings Details
7/27/2017Q2 2017$0.60$0.61$142.34 million$142.96 millionViewN/AView Earnings Details
4/24/2017Q1 2017$0.60$0.61$140.08 million$140.82 millionViewN/AView Earnings Details
2/21/2017Q416$0.22$0.61$138.39 million$142.90 millionViewN/AView Earnings Details
10/27/2016Q3$0.58$0.58$134.50 million$129.70 millionViewN/AView Earnings Details
7/28/2016Q2$0.56$0.57$129.52 million$135.70 millionViewN/AView Earnings Details
4/21/2016Q1$0.56$0.57$128.45 million$132.42 millionViewN/AView Earnings Details
2/16/2016Q4$0.56$0.56$123.82 million$129.70 millionViewListenView Earnings Details
10/29/2015Q216$0.55$0.56$128.09 million$130.80 millionViewListenView Earnings Details
7/28/2015Q116$0.53$0.54$125.14 million$126.80 millionViewListenView Earnings Details
4/28/2015Q1$0.52$0.52$118.47 million$125.60 millionViewN/AView Earnings Details
2/17/2015Q414$0.50$0.51$127.10 million$126.10 millionViewN/AView Earnings Details
10/23/2014Q314$0.50$0.53$126.80 million$130.50 millionViewN/AView Earnings Details
7/24/2014Q214$0.50$0.51$123.98 million$130.19 millionViewN/AView Earnings Details
4/24/2014Q114$0.49$0.49$125.49 million$127.60 millionViewN/AView Earnings Details
2/13/2014Q413$0.48$0.48$125.50 millionViewN/AView Earnings Details
11/1/2013Q313$0.47$0.51$130.40 million$130.70 millionViewN/AView Earnings Details
7/31/2013Q213$0.47$0.37$132.01 millionViewN/AView Earnings Details
4/30/2013Q113$0.46$0.48$121.82 million$131.70 millionViewN/AView Earnings Details
2/14/2013Q412$0.45$0.47$129.38 million$131.90 millionViewN/AView Earnings Details
10/29/2012Q312$0.44$0.46$127.18 million$129.54 millionViewN/AView Earnings Details
8/7/2012$0.45$0.47ViewN/AView Earnings Details
5/8/2012$0.46$0.46ViewN/AView Earnings Details
3/1/2012$0.45$0.48ViewN/AView Earnings Details
10/31/2011$0.45$0.47ViewN/AView Earnings Details
8/2/2011$0.34$0.44ViewN/AView Earnings Details
5/5/2011$0.43$0.42ViewN/AView Earnings Details
2/28/2011$0.44$0.33ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Weingarten Realty Investors (NYSE:WRI)
2017 EPS Consensus Estimate: $2.40
2018 EPS Consensus Estimate: $2.48
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.59$0.60$0.60
Q2 20173$0.59$0.60$0.60
Q3 20173$0.60$0.60$0.60
Q4 20173$0.60$0.62$0.61
Q1 20182$0.59$0.59$0.59
Q2 20182$0.61$0.63$0.62
Q3 20182$0.62$0.63$0.63
Q4 20182$0.63$0.66$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Weingarten Realty Investors (NYSE:WRI)
Most Recent Dividend:9/15/2017
Annual Dividend:$1.54
Dividend Yield:4.88%
Dividend Growth:6.20% (3 Year Average)
Payout Ratio:104.76% (Trailing 12 Months of Earnings)
63.90% (Based on This Year's Estimates)
62.10% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Weingarten Realty Investors (NYSE:WRI)

Dividend History by Quarter for Weingarten Realty Investors (NYSE WRI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017quarterly$0.394.74%9/7/20179/8/20179/15/2017
4/25/2017quarterly$0.394.55%6/6/20176/8/20176/15/2017
2/21/2017quarterly$0.394.22%3/6/20173/8/20173/15/2017
10/27/2016quarterly$0.374.03%12/6/201612/8/201612/15/2016
7/28/2016quarterly$0.373.38%9/6/20169/8/20169/15/2016
4/22/2016quarterly$0.373.92%6/6/20166/8/20166/15/2016
2/16/2016quarterly$0.374.17%3/4/20163/8/20163/15/2016
10/29/2015quarterly$0.353.86%12/4/201512/8/201512/15/2015
7/28/2015quarterly$0.353.92%9/3/20159/8/20159/15/2015
4/28/2015quarterly$0.354.15%6/4/20156/8/20156/15/2015
2/17/2015quarterly$0.353.76%3/5/20153/9/20153/16/2015
12/12/2014special$0.253.88%12/19/201412/23/201412/30/2014
10/23/2014quarterly$0.333.74%12/4/201412/8/201412/15/2014
7/24/2014quarterly$0.333.87%9/4/20149/8/20149/15/2014
4/24/2014quarterly$0.334.23%6/3/20146/5/20146/13/2014
2/13/2014quarterly$0.334.33%3/4/20143/6/20143/14/2014
10/31/2013quarterly$0.313.85%12/3/201312/5/201312/13/2013
7/31/2013quarterly$0.313.84%9/3/20139/5/20139/13/2013
4/30/2013quarterly$0.313.5%6/4/20136/6/20136/14/2013
2/15/2013quarterly$0.314.03%3/5/20133/7/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Weingarten Realty Investors (NYSE:WRI)
Insider Ownership Percentage: 7.30%
Institutional Ownership Percentage: 80.27%
Insider Trades by Quarter for Weingarten Realty Investors (NYSE:WRI)
Institutional Ownership by Quarter for Weingarten Realty Investors (NYSE:WRI)
Insider Trades by Quarter for Weingarten Realty Investors (NYSE:WRI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/21/2017Richard David WilliamsDirectorBuy1,000$0.05$50.00
9/7/2016Andrew M. AlexanderCEOSell5,731$41.59$238,352.29View SEC Filing  
9/7/2016Stephen A LasherDirectorSell8,287$41.75$345,982.25View SEC Filing  
9/2/2016Stephen A LasherDirectorSell10,900$41.90$456,710.00View SEC Filing  
8/29/2016Andrew M AlexanderCEOSell34,366$41.76$1,435,124.16View SEC Filing  
8/29/2016Stephen A LasherDirectorSell33,313$41.81$1,392,816.53View SEC Filing  
8/25/2016Andrew M AlexanderCEOSell55,597$41.67$2,316,726.99View SEC Filing  
8/16/2016Andrew M AlexanderCEOSell66,224$41.59$2,754,256.16View SEC Filing  
8/2/2016Stephen C RichterCFOSell18,000$42.80$770,400.00View SEC Filing  
4/26/2016Johnny HendrixCOOSell69,303$37.69$2,612,030.07View SEC Filing  
3/28/2016Richard David WilliamsDirectorBuy10,000$0.02$150.00
3/24/2016Richard David WilliamsDirectorBuy50,000$0.02$750.00
3/9/2016Andrew M AlexanderCEOSell84,900$36.00$3,056,400.00View SEC Filing  
3/7/2016Andrew M AlexanderCEOSell89,747$36.12$3,241,661.64View SEC Filing  
2/24/2016Melvin A DowDirectorSell4,243$35.18$149,268.74View SEC Filing  
2/22/2016Robert J CruikshankDirectorSell4,243$35.51$150,668.93View SEC Filing  
2/8/2016Richard David WilliamsDirectorBuy10,000$0.02$200.00
9/17/2015Richard David WilliamsDirectorBuy5,000$0.03$150.00
5/29/2015Marc J ShapiroDirectorBuy20,000$33.95$679,000.00View SEC Filing  
5/4/2015Robert J CruikshankDirectorSell1,500$33.54$50,310.00View SEC Filing  
3/25/2015Richard David WilliamsDirectorBuy5,000$0.04$175.00
3/11/2015Stephen A LasherDirectorSell20,000$34.75$695,000.00View SEC Filing  
3/2/2015Johnny HendrixCOOSell21,158$36.19$765,708.02View SEC Filing  
2/27/2015Robert J CruikshankDirectorSell3,951$35.94$141,998.94View SEC Filing  
2/20/2015Melvin A DowDirectorSell4,094$36.48$149,349.12View SEC Filing  
2/4/2015Richard David WilliamsDirectorBuy5,000$0.03$125.00
2/4/2015Richard David WilliamsDirectorBuy5,000$0.03$125.00
12/9/2014Robert J CruikshankDirectorSell1,500$34.83$52,245.00View SEC Filing  
11/25/2014Richard David WilliamsDirectorBuy25,000$0.03$750.00
11/6/2014Johnny HendrixVPSell100,743$36.76$3,703,312.68View SEC Filing  
11/4/2014Johnny HendrixVPSell100,743$36.76$3,703,312.68View SEC Filing  
11/4/2014Stephen C RichterCFOSell44,232$36.71$1,623,756.72View SEC Filing  
5/6/2014Stephen RichterCFOSell8,359$31.20$260,800.80View SEC Filing  
3/7/2014Robert CruikshankDirectorSell3,500$30.21$105,735.00View SEC Filing  
2/25/2014Melvin DowDirectorSell6,357$30.72$195,287.04View SEC Filing  
12/12/2013Robert CruikshankDirectorSell1,998$27.84$55,624.32View SEC Filing  
8/30/2013Thomas RyanDirectorBuy2,000$29.05$58,100.00View SEC Filing  
8/26/2013Thomas RyanDirectorBuy2,000$29.29$58,580.00View SEC Filing  
5/10/2013Stephen A LasherDirectorSell67,000$35.59$2,384,530.00View SEC Filing  
8/15/2012Thomas L RyanDirectorBuy1,000$27.43$27,430.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Weingarten Realty Investors (NYSE:WRI)
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Chart

Weingarten Realty Investors (WRI) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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