NYSE:WRI - Weingarten Realty Investors Stock Price, News, & Analysis

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$28.98 -0.05 (-0.17 %)
(As of 05/23/2019 04:00 PM ET)
Previous Close$29.03
Today's Range$28.80 - $28.9950
52-Week Range$23.80 - $32.02
Volume590,837 shs
Average Volume817,416 shs
Market Capitalization$3.73 billion
P/E Ratio12.71
Dividend Yield5.46%
Beta0.72
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP94874110
Phone713-866-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$531.15 million
Cash Flow$3.8435 per share
Book Value$13.68 per share

Profitability

Net Income$327.60 million

Miscellaneous

Employees254
Market Cap$3.73 billion
Next Earnings Date7/29/2019 (Estimated)
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 announced a quarterly dividend on Tuesday, April 30th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.395 per share on Friday, June 14th. This represents a $1.58 dividend on an annualized basis and a yield of 5.45%. The ex-dividend date of this dividend is Thursday, June 6th. View Weingarten Realty Investors' Dividend History.

How were Weingarten Realty Investors' earnings last quarter?

Weingarten Realty Investors (NYSE:WRI) posted its quarterly earnings results on Monday, April, 29th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $0.14. The real estate investment trust had revenue of $119.83 million for the quarter, compared to analyst estimates of $119.40 million. Weingarten Realty Investors had a return on equity of 12.53% and a net margin of 44.16%. The company's quarterly revenue was down 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.57 EPS. View Weingarten Realty Investors' Earnings History.

When is Weingarten Realty Investors' next earnings date?

Weingarten Realty Investors is scheduled to release their next quarterly earnings announcement on Monday, July 29th 2019. View Earnings Estimates for Weingarten Realty Investors.

What guidance has Weingarten Realty Investors issued on next quarter's earnings?

Weingarten Realty Investors updated its FY19 earnings guidance on Monday, April, 29th. The company provided earnings per share (EPS) guidance of $2.09 to $2.17 for the period, compared to the Thomson Reuters consensus estimate of $2.14. Weingarten Realty Investors also updated its FY 2019 guidance to $2.09-2.17 EPS.

What price target have analysts set for WRI?

8 analysts have issued 12 month target prices for Weingarten Realty Investors' stock. Their predictions range from $28.00 to $34.00. On average, they expect Weingarten Realty Investors' stock price to reach $30.60 in the next year. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Price Targets for Weingarten Realty Investors.

What is the consensus analysts' recommendation for Weingarten Realty Investors?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weingarten Realty Investors in the last year. There are currently 6 hold ratings and 2 buy ratings 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?

News headlines about WRI stock have been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Weingarten Realty Investors earned a coverage optimism score of 1.1 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Weingarten Realty Investors' key competitors?

What other stocks do shareholders of Weingarten Realty Investors own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Weingarten Realty Investors investors own include Mesabi Trust (MSB), Simon Property Group (SPG), Energy Transfer LP Unit (ET), First Industrial Realty Trust (FR), Federal Realty Investment Trust (FRT), Realty Income (O), Intel (INTC), Lexington Realty Trust (LXP), 3M (MMM) and ANNALY CAP MGMT/SH (NLY).

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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.33%), JPMorgan Chase & Co. (3.52%), Ronna Sue Cohen (3.08%), Northern Trust Corp (1.82%), Geode Capital Management LLC (1.70%) and Charles Schwab Investment Management Inc. (1.53%). Company insiders that own Weingarten Realty Investors stock include Andrew M Alexander, Richard David Williams, 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 Security Capital Research & Management Inc., Federated Investors Inc. PA, Los Angeles Capital Management & Equity Research Inc., Macquarie Group Ltd., Stevens Capital Management LP, Teachers Insurance & Annuity Association of America, Securian Asset Management Inc and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have sold Weingarten Realty Investors company stock in the last year include Andrew M Alexander, Stephen A Lasher and Stephen C Richter. View Insider Buying and Selling for Weingarten Realty Investors.

Which institutional investors are buying Weingarten Realty Investors stock?

WRI stock was bought by a variety of institutional investors in the last quarter, including Ronna Sue Cohen, JPMorgan Chase & Co., Geode Capital Management LLC, Barings LLC, Zimmer Partners LP, Nordea Investment Management AB, Renaissance Technologies LLC and Charles Schwab Investment Management Inc.. 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 $28.98.

How big of a company is Weingarten Realty Investors?

Weingarten Realty Investors has a market capitalization of $3.73 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.

What is Weingarten Realty Investors' official website?

The official website for Weingarten Realty Investors is http://www.weingarten.com/.

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)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  517
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.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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