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

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$28.51 +0.22 (+0.78 %)
(As of 03/22/2019 03:08 PM ET)
Previous Close$28.29
Today's Range$28.3450 - $28.7265
52-Week Range$23.80 - $32.02
Volume782,298 shs
Average Volume1.17 million shs
Market Capitalization$3.67 billion
P/E Ratio12.50
Dividend Yield5.70%
Beta0.74
Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At December 31, 2018, 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 178 properties which are located in 17 states spanning the country from coast to coast. These properties represent approximately 35.1 million square feet of which our interests in these properties aggregated approximately 22.9 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$3.9488 per share
Book Value$13.64 per share

Profitability

Net Income$327.60 million

Miscellaneous

EmployeesN/A
Market Cap$3.67 billion
Next Earnings Date4/29/2019 (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 Thursday, February 21st. Stockholders of record on Friday, March 8th will be given a dividend of $0.395 per share on Friday, March 15th. This represents a $1.58 annualized dividend and a dividend yield of 5.54%. The ex-dividend date is Thursday, March 7th. View Weingarten Realty Investors' Dividend History.

How were Weingarten Realty Investors' earnings last quarter?

Weingarten Realty Investors (NYSE:WRI) announced its quarterly earnings data on Wednesday, February, 20th. The real estate investment trust reported $0.55 EPS for the quarter, missing the Zacks' consensus estimate of $0.57 by $0.02. The real estate investment trust earned $127.81 million during the quarter, compared to the consensus estimate of $123.99 million. Weingarten Realty Investors had a return on equity of 17.27% and a net margin of 61.68%. The firm's quarterly revenue was down 8.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 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, April 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 Wednesday, February, 20th. The company provided EPS guidance of $2.09-2.17 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.20. Weingarten Realty Investors also updated its FY 2019 guidance to $2.09-2.17 EPS.

What price target have analysts set for WRI?

10 equities research analysts have issued 12 month price objectives for Weingarten Realty Investors' stock. Their forecasts range from $28.00 to $34.00. On average, they anticipate Weingarten Realty Investors' share price to reach $30.60 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Weingarten Realty Investors.

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

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

Headlines about WRI stock have trended positive this week, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of 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 2.2 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

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 First Industrial Realty Trust (FR), Realty Income (O), Energy Transfer LP Unit (ET), Simon Property Group (SPG), DDR (DDR), Lexington Realty Trust (LXP), 3M (MMM), Federal Realty Investment Trust (FRT), Wells Fargo & Co (WFC) and Public Storage (PSA).

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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.37%), Cohen & Steers Inc. (9.92%), Bank of New York Mellon Corp (2.17%), Northern Trust Corp (1.81%), Dimensional Fund Advisors LP (1.48%) and Geode Capital Management LLC (1.26%). Company insiders that own Weingarten Realty Investors stock include Andrew M Alexander, Richard David Williams and Stephen C Richter. View Institutional Ownership Trends for Weingarten Realty Investors.

Which major 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., Nuveen Asset Management LLC, American Century Companies Inc., QS Investors LLC, First Trust Advisors LP, Folger Nolan Fleming Douglas Capital Management Inc., Prudential Financial Inc. and Bank of New York Mellon Corp. Company insiders that have sold Weingarten Realty Investors company stock in the last year include Andrew M Alexander and Stephen C Richter. View Insider Buying and Selling for Weingarten Realty Investors.

Which major investors are buying Weingarten Realty Investors stock?

WRI stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Weiss Multi Strategy Advisers LLC, Barings LLC, Northern Trust Corp, Los Angeles Capital Management & Equity Research Inc., Real Estate Management Services LLC and UBS Oconnor LLC. 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 $28.51.

How big of a company is Weingarten Realty Investors?

Weingarten Realty Investors has a market capitalization of $3.67 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.

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:  2.0 out of 5 (star star)
Outperform Votes:  195 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  493
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 3/22/2019 by MarketBeat.com Staff

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