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

$27.15
+0.31 (+1.15 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$26.72
Now: $27.15
$27.20
50-Day Range
$26.84
MA: $27.53
$28.05
52-Week Range
$23.80
Now: $27.15
$32.02
Volume1.09 million shs
Average Volume851,816 shs
Market Capitalization$3.49 billion
P/E Ratio11.91
Dividend Yield5.88%
Beta0.65
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.

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$3.8841 per share
Book Value$13.95 per share

Profitability

Net Income$327.60 million

Miscellaneous

Employees254
Market Cap$3.49 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 Wednesday, July 31st. Shareholders of record on Friday, September 6th will be paid a dividend of $0.395 per share on Friday, September 13th. This represents a $1.58 annualized dividend and a yield of 5.82%. The ex-dividend date of this dividend is Thursday, September 5th. View Weingarten Realty Investors' Dividend History.

How were Weingarten Realty Investors' earnings last quarter?

Weingarten Realty Investors (NYSE:WRI) posted its quarterly earnings data on Wednesday, July, 31st. The real estate investment trust reported $0.65 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.53 by $0.12. The real estate investment trust earned $119.46 million during the quarter, compared to analyst estimates of $119.62 million. Weingarten Realty Investors had a net margin of 46.97% and a return on equity of 13.06%. The business's quarterly revenue was down 13.9% on a year-over-year basis. During the same period last year, the company posted $0.57 earnings per share. 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 Wednesday, October 23rd 2019. View Earnings Estimates for Weingarten Realty Investors.

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

Weingarten Realty Investors issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $2.05-2.11 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.13.

What price target have analysts set for WRI?

6 brokers have issued 12 month target prices for Weingarten Realty Investors' shares. Their forecasts range from $27.50 to $29.00. On average, they expect Weingarten Realty Investors' share price to reach $28.1667 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Weingarten Realty Investors.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weingarten Realty Investors in the last year. There are currently 5 hold ratings and 1 buy rating 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?

Media coverage about WRI stock has been trending negative on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Weingarten Realty Investors earned a news impact score of -2.3 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 news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Weingarten Realty Investors.

Are investors shorting Weingarten Realty Investors?

Weingarten Realty Investors saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,910,400 shares, an increase of 18.8% from the June 30th total of 1,608,300 shares. Based on an average daily trading volume, of 899,300 shares, the short-interest ratio is presently 2.1 days. Currently, 1.6% of the shares of the stock are sold short. 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 Mesabi Trust (MSB), Simon Property Group (SPG), Energy Transfer LP Unit (ET), First Industrial Realty Trust (FR), Halliburton (HAL), Intel (INTC), Federal Realty Investment Trust (FRT), Realty Income (O), Blackstone Group (BX) and Lexington Realty Trust (LXP).

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.03%), BlackRock Inc. (11.23%), JPMorgan Chase & Co. (3.62%), Invesco Ltd. (3.35%), Northern Trust Corp (1.83%) and Bank of New York Mellon Corp (1.80%). 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 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., Russell Investments Group Ltd., First Trust Advisors LP, BlackRock Inc., Bank of America Corp DE, Teachers Insurance & Annuity Association of America, Los Angeles Capital Management & Equity Research Inc. and Panagora Asset Management 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 major investors are buying Weingarten Realty Investors stock?

WRI stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Nuveen Asset Management LLC, Brookfield Asset Management Inc., Carlson Capital L P, Morgan Stanley, Marshall Wace North America L.P., Schroder Investment Management Group and Schroder Investment Management Group. 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 $27.15.

How big of a company is Weingarten Realty Investors?

Weingarten Realty Investors has a market capitalization of $3.49 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.View Additional Information About Weingarten Realty Investors.

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:  212 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  543
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 8/17/2019 by MarketBeat.com Staff

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