Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At September 30, 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 185 properties which are located in 17 states spanning the country from coast to coast. These properties represent approximately 37.4 million square feet of which our interests in these properties aggregated approximately 24.1 million square feet of leasable area.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Current SymbolNYSE:WRI
Previous Symbol
CUSIP94874110
Phone713-866-6000
Debt
Debt-to-Equity Ratio0.93
Current Ratio1.27
Quick Ratio1.27
Price-To-Earnings
Trailing P/E Ratio11.10
Forward P/E Ratio11.82
P/E Growth2.73
Sales & Book Value
Annual Sales$573.16 million
Price / Sales6.09
Cash Flow$3.7816 per share
Price / Cash Flow7.19
Book Value$14.09 per share
Price / Book1.93
Profitability
EPS (Most Recent Fiscal Year)$2.45
Net Income$335.27 million
Net Margins80.35%
Return on Equity22.88%
Return on Assets10.60%
Miscellaneous
Employees281
Outstanding Shares128,320,000
Market Cap$3.63 billion
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 special dividend on Tuesday, December 11th. Stockholders of record on Friday, December 21st will be given a dividend of $1.40 per share on Thursday, December 27th. This represents a dividend yield of 5.64%. The ex-dividend date is Thursday, December 20th. This is a boost from Weingarten Realty Investors's previous special dividend of $0.25. View Weingarten Realty Investors' Dividend History.
How were Weingarten Realty Investors' earnings last quarter?
Weingarten Realty Investors (NYSE:WRI) released its quarterly earnings results on Wednesday, October, 24th. The real estate investment trust reported $0.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.12. The real estate investment trust earned $125.26 million during the quarter, compared to the consensus estimate of $126.36 million. Weingarten Realty Investors had a return on equity of 22.88% and a net margin of 80.35%. 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 Wednesday, October, 24th. The company provided earnings per share (EPS) guidance of $2.27-2.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.32.
What price target have analysts set for WRI?
11 analysts have issued 12-month price targets for Weingarten Realty Investors' shares. Their forecasts range from $28.00 to $34.00. On average, they expect Weingarten Realty Investors' stock price to reach $30.8333 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Weingarten Realty Investors.
What is the consensus analysts' recommendation for Weingarten Realty Investors?
11 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 3 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 coverage about WRI stock has been trending somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Weingarten Realty Investors earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.
Who are some of Weingarten Realty Investors' key competitors?
Some companies that are related to Weingarten Realty Investors include HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), WP Carey (WPC), UDR (UDR), Regency Centers (REG), Gecina (GECFF), Duke Realty (DRE), Klepierre (KLPEF) 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
Who are Weingarten Realty Investors' major shareholders?
Weingarten Realty Investors' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.74%), Vanguard Group Inc (13.74%), Cohen & Steers Inc. (12.03%), BlackRock Inc. (11.27%), Bank of New York Mellon Corp (2.21%) and Dimensional Fund Advisors LP (1.49%). 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 Legal & General Group Plc, BlackRock Inc., First Quadrant L P CA, Macquarie Group Ltd., Russell Investments Group Ltd., Uniplan Investment Counsel Inc., Morgan Stanley and Vanguard Group Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Nordea Investment Management AB, NN Investment Partners Holdings N.V., Waterfront Capital Partners LLC, Teachers Advisors LLC, American Century Companies Inc., Matthew Goff Investment Advisor LLC and Matthew Goff Investment Advisor 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 $27.19.
How big of a company is Weingarten Realty Investors?
Weingarten Realty Investors has a market capitalization of $3.63 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.
What is Weingarten Realty Investors' official website?
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)
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.
