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NYSE:WRIWeingarten Realty Investors Stock Price, Forecast & News

$17.88
-0.97 (-5.15 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$17.78
Now: $17.88
$18.96
50-Day Range
$13.95
MA: $16.48
$19.45
52-Week Range
$12.21
Now: $17.88
$32.17
Volume1.13 million shs
Average Volume1.06 million shs
Market Capitalization$2.29 billion
P/E Ratio7.27
Dividend Yield8.84%
Beta1.38
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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Weingarten Realty Investors logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.70 out of 5 stars


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$486.63 million
Cash Flow$3.53 per share
Book Value$14.57 per share

Profitability

Net Income$315.43 million

Miscellaneous

Employees254
Market Cap$2.29 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Weingarten Realty Investors (NYSE:WRI) Frequently Asked Questions

How has Weingarten Realty Investors' stock been impacted by COVID-19 (Coronavirus)?

Weingarten Realty Investors' stock was trading at $22.64 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WRI shares have decreased by 21.0% and is now trading at $17.88. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Weingarten Realty Investors?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weingarten Realty Investors in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Weingarten Realty Investors.

When is Weingarten Realty Investors' next earnings date?

Weingarten Realty Investors is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Weingarten Realty Investors.

How were Weingarten Realty Investors' earnings last quarter?

Weingarten Realty Investors (NYSE:WRI) issued its earnings results on Thursday, May, 7th. The real estate investment trust reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by $0.10. The real estate investment trust earned $108.05 million during the quarter, compared to analysts' expectations of $116.94 million. Weingarten Realty Investors had a net margin of 67.05% and a return on equity of 17.23%. The firm's revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 EPS. View Weingarten Realty Investors' earnings history.

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 Friday, May 8th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.18 per share on Tuesday, June 16th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date is Friday, June 5th. View Weingarten Realty Investors' dividend history.

What price target have analysts set for WRI?

7 brokerages have issued 1 year price targets for Weingarten Realty Investors' stock. Their forecasts range from $14.50 to $32.00. On average, they expect Weingarten Realty Investors' stock price to reach $20.08 in the next year. This suggests a possible upside of 12.3% from the stock's current price. View analysts' price targets for Weingarten Realty Investors.

Has Weingarten Realty Investors been receiving favorable news coverage?

Press coverage about WRI stock has been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of 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 negative five to five, with scores nearest to five being the most favorable. Weingarten Realty Investors earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutWeingarten Realty Investors.

Are investors shorting Weingarten Realty Investors?

Weingarten Realty Investors saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,970,000 shares, an increase of 8.0% from the April 30th total of 2,750,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.5% of the shares of the stock are short sold. View Weingarten Realty Investors' Current Options Chain.

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 Simon Property Group (SPG), Exxon Mobil (XOM), Intel (INTC), AT&T (T), Ventas (VTR), JPMorgan Chase & Co. (JPM), 3M (MMM), ANNALY CAP MGMT/SH (NLY), salesforce.com (CRM) and Walt Disney (DIS).

Who are Weingarten Realty Investors' key executives?

Weingarten Realty Investors' management team includes the following 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

What is Weingarten Realty Investors' stock symbol?

Weingarten Realty Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRI."

Who are Weingarten Realty Investors' major shareholders?

Weingarten Realty Investors' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.67%), JPMorgan Chase & Co. (6.66%), State Street Corp (4.68%), Cohen & Steers Inc. (3.40%), Morgan Stanley (2.19%) and Morgan Stanley (2.19%). 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 Deutsche Bank AG, Federated Hermes Inc., Two Sigma Investments LP, Two Sigma Advisers LP, Wells Fargo & Company MN, BlackRock Inc., Russell Investments Group Ltd., and Citigroup Inc.. View insider buying and selling activity 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 JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, Sumitomo Mitsui Trust Holdings Inc., Cohen & Steers Inc., Echo Street Capital Management LLC, Geode Capital Management LLC, and Chartwell Investment Partners LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Weingarten Realty Investors' stock price today?

One share of WRI stock can currently be purchased for approximately $17.88.

How big of a company is Weingarten Realty Investors?

Weingarten Realty Investors has a market capitalization of $2.29 billion and generates $486.63 million in revenue each year. The real estate investment trust earns $315.43 million in net income (profit) each year or $2.10 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 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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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