Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At December 31, 2017, 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 204 properties which are located in 17 states spanning the country from coast to coast. These properties represent approximately 41.3 million square feet of which our interests in these properties aggregated approximately 26.4 million square feet of leasable area. To learn more about the Company's operations and growth strategies, please visit www.weingarten.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:WRI
CUSIP94874110
Phone713-866-6000
Debt
Debt-to-Equity Ratio1.01
Current Ratio2.08
Quick Ratio2.08
Price-To-Earnings
Trailing P/E Ratio12.32
Forward P/E Ratio13.27
P/E Growth4.07
Sales & Book Value
Annual Sales$573.16 million
Price / Sales6.85
Cash Flow$4.0223 per share
Price / Cash7.62
Book Value$14.09 per share
Price / Book2.18
Profitability
EPS (Most Recent Fiscal Year)$2.45
Net Income$335.27 million
Net Margins80.74%
Return on Equity24.66%
Return on Assets10.56%
Miscellaneous
Employees281
Outstanding Shares128,150,000
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 24th. Investors of record on Friday, June 8th will be paid a dividend of $0.395 per share on Friday, June 15th. This represents a $1.58 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date of this dividend is Thursday, June 7th. View Weingarten Realty Investors' Dividend History.
How were Weingarten Realty Investors' earnings last quarter?
Weingarten Realty Investors (NYSE:WRI) issued its quarterly earnings data on Tuesday, April, 24th. The real estate investment trust reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by $0.28. The real estate investment trust had revenue of $132.45 million for the quarter, compared to analyst estimates of $131.46 million. Weingarten Realty Investors had a return on equity of 24.66% and a net margin of 80.74%. Weingarten Realty Investors's revenue for the quarter was down 7.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.61 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 issued an update on its FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share guidance of $2.29-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.30.
What price target have analysts set for WRI?
9 equities research analysts have issued 1 year price targets for Weingarten Realty Investors' shares. Their forecasts range from $29.00 to $37.00. On average, they expect Weingarten Realty Investors' share price to reach $31.1667 in the next twelve months. View Analyst Ratings for Weingarten Realty Investors.
Who are some of Weingarten Realty Investors' key competitors?
Some companies that are related to Weingarten Realty Investors include Essex Property Trust (ESS), Realty Income (O), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), Klépierre (KLPEF), Extra Space Storage (EXR), ANNALY Cap Mgmt/SH (NLY), HCP (HCP), Mid-America Apartment Communities (MAA), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Regency Centers (REG), UDR (UDR) and Iron Mountain (IRM).
Who are Weingarten Realty Investors' key executives?
Weingarten Realty Investors' management team includes the folowing people:
- Mr. Andrew M. Alexander, Pres, CEO & Trust Mang. (Age 61)
- Mr. Stephen C. Richter, Exec. VP & CFO (Age 63)
- Mr. Johnny L. Hendrix, Exec. VP & COO (Age 60)
- Mr. Joe D. Shafer CPA, Sr. VP, Chief Accounting Officer & Sec.
- Ms. Michelle Wiggs, VP of Investor Relations
Has Weingarten Realty Investors been receiving favorable news coverage?
News coverage about WRI stock has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Weingarten Realty Investors earned a daily sentiment score of 0.09 on Accern's scale. They also gave news stories about the real estate investment trust an impact score of 46.40 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Weingarten Realty Investors' major shareholders?
Weingarten Realty Investors' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.48%), Centersquare Investment Management LLC (2.82%), Northern Trust Corp (1.61%), Dimensional Fund Advisors LP (1.46%), Schwab Charles Investment Management Inc. (1.08%) and Uniplan Investment Counsel Inc. (0.83%). 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 BlackRock Inc., Millennium Management LLC, Citadel Advisors LLC, JPMorgan Chase & Co., Franklin Resources Inc., Sei Investments Co., SG Americas Securities LLC and Advantus Capital Management Inc. 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 Centersquare Investment Management LLC, American Century Companies Inc., Citigroup Inc., Teachers Insurance & Annuity Association of America, Prudential Financial Inc., Northern Trust Corp, Legal & General Group Plc and Landscape Capital Management L.L.C.. 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 $30.65.
How big of a company is Weingarten Realty Investors?
Weingarten Realty Investors has a market capitalization of $3.84 billion and generates $573.16 million in revenue each year. The real estate investment trust earns $335.27 million in net income (profit) each year or $2.45 on an earnings per share basis. Weingarten Realty Investors employs 281 workers across the globe.
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 (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.
