NYSE:WRI

Weingarten Realty Investors Stock Forecast, Price & News

$32.15
+0.84 (+2.68 %)
(As of 06/21/2021 12:00 AM ET)
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Today's Range
$31.39
$32.40
50-Day Range
$27.34
$34.12
52-Week Range
$15.24
$34.24
Volume2.04 million shs
Average Volume1.09 million shs
Market Capitalization$4.10 billion
P/E Ratio46.59
Dividend Yield2.94%
Beta1.57
30 days | 90 days | 365 days | Advanced Chart
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About Weingarten Realty Investors

Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At September 30, 2020, 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 162 properties which are located in 15 states spanning the country from coast to coast. These properties represent approximately 31.0 million square feet of which our interests in these properties aggregated approximately 21.0 million square feet of leasable area.

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MarketRank

Overall MarketRank

1.57 out of 5 stars

Finance Sector

622nd out of 1,980 stocks

Real Estate Investment Trusts Industry

155th out of 275 stocks

Analyst Opinion: 1.2Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Weingarten Realty Investors (NYSE:WRI) Frequently Asked Questions

Is Weingarten Realty Investors a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weingarten Realty Investors in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Weingarten Realty Investors stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WRI, but not buy additional shares or sell existing shares.
View analyst ratings for Weingarten Realty Investors
or view top-rated stocks.

What stocks does MarketBeat like better than Weingarten Realty Investors?

Wall Street analysts have given Weingarten Realty Investors a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Weingarten Realty Investors wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Weingarten Realty Investors?

Weingarten Realty Investors saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 2,360,000 shares, an increase of 29.7% from the May 13th total of 1,820,000 shares. Based on an average daily trading volume, of 1,240,000 shares, the short-interest ratio is currently 1.9 days. Approximately 2.0% of the shares of the stock are sold short.
View Weingarten Realty Investors' Short Interest
.

When is Weingarten Realty Investors' next earnings date?

Weingarten Realty Investors is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Weingarten Realty Investors
.

How were Weingarten Realty Investors' earnings last quarter?

Weingarten Realty Investors (NYSE:WRI) announced its quarterly earnings results on Sunday, April, 25th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.19. The real estate investment trust had revenue of $118.32 million for the quarter, compared to the consensus estimate of $104.99 million. Weingarten Realty Investors had a trailing twelve-month return on equity of 4.80% and a net margin of 19.72%. Weingarten Realty Investors's revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.44 EPS.
View Weingarten Realty Investors' earnings history
.

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 stock has increased by 42.0% and is now trading at $32.15.
View which stocks have been most impacted by COVID-19
.

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 Monday, April 26th. Shareholders of record on Thursday, June 10th will be given a dividend of $0.23 per share on Tuesday, June 15th. This represents a $0.92 annualized dividend and a yield of 2.86%. The ex-dividend date is Wednesday, June 9th.
View Weingarten Realty Investors' dividend history
.

Is Weingarten Realty Investors a good dividend stock?

Weingarten Realty Investors pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.94%. The dividend payout ratio of Weingarten Realty Investors is 55.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Weingarten Realty Investors will have a dividend payout ratio of 50.27% next year. This indicates that Weingarten Realty Investors will be able to sustain or increase its dividend.
View Weingarten Realty Investors' dividend history.

What price target have analysts set for WRI?

6 brokers have issued twelve-month target prices for Weingarten Realty Investors' stock. Their forecasts range from $19.00 to $30.00. On average, they expect Weingarten Realty Investors' stock price to reach $26.00 in the next twelve months. This suggests that the stock has a possible downside of 19.1%.
View analysts' price targets for Weingarten Realty Investors
or view top-rated stocks among Wall Street analysts.

Who are Weingarten Realty Investors' key executives?

Weingarten Realty Investors' management team includes the following people:
  • Mr. Andrew M. Alexander, Chairman, Pres & CEO (Age 64, Pay $1.61M)
  • Mr. Stephen C. Richter, Exec. VP & CFO (Age 66, Pay $921.25k)
  • Mr. Johnny L. Hendrix, Exec. VP & COO (Age 63, Pay $921.12k)
  • Mr. Darren Amato, Sr. VP of Investments
  • Mr. Joe D. Shafer CPA, Sr. VP, Chief Accounting Officer & Sec.
  • Ms. Michelle Wiggs, VP of Investor Relations
  • Mr. Mark D. Stout, Sr. VP & Gen. Counsel
  • Ms. Carrie Murray, Marketing & Communications Director
  • Mr. Michael Townsell, Sr. VP of HR
  • Mr. Alan R. Kofoed, Sr. VP of Construction

What is Drew Alexander's approval rating as Weingarten Realty Investors' CEO?

11 employees have rated Weingarten Realty Investors CEO Drew Alexander on Glassdoor.com. Drew Alexander has an approval rating of 50% among Weingarten Realty Investors' employees. This puts Drew Alexander in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 53.0% of employees surveyed would recommend working at Weingarten Realty Investors to a friend.

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 Federal Realty Investment Trust (FRT), Realty Income (O), Exxon Mobil (XOM), Energy Transfer (ET), AT&T (T), Simon Property Group (SPG), Intel (INTC), 3M (MMM), Ventas (VTR) and AbbVie (ABBV).

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 a number of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (10.69%), BlackRock Inc. (10.47%), Cohen & Steers Inc. (4.61%), Millennium Management LLC (2.37%), Bank of New York Mellon Corp (1.83%) and Northern Trust Corp (1.72%). Company insiders that own Weingarten Realty Investors stock include Shelaghmichael C Brown and Stephen A Lasher.
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 JPMorgan Chase & Co., Centersquare Investment Management LLC, Sumitomo Mitsui Trust Holdings Inc., Morgan Stanley, Geode Capital Management LLC, Northern Trust Corp, Gillson Capital LP, and Nuveen Asset Management LLC.
View insider buying and selling activity for Weingarten Realty Investors
or view top insider-selling stocks.

Which major investors are buying Weingarten Realty Investors stock?

WRI stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Millennium Management LLC, Capital Growth Management LP, Russell Investments Group Ltd., Goldman Sachs Group Inc., Kempen Capital Management N.V., Allianz Asset Management GmbH, and BlackRock Inc..
View insider buying and selling activity for Weingarten Realty Investors
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Weingarten Realty Investors' stock price today?

One share of WRI stock can currently be purchased for approximately $32.15.

How much money does Weingarten Realty Investors make?

Weingarten Realty Investors has a market capitalization of $4.10 billion and generates $433.92 million in revenue each year. The real estate investment trust earns $112.15 million in net income (profit) each year or $1.65 on an earnings per share basis.

How many employees does Weingarten Realty Investors have?

Weingarten Realty Investors employs 243 workers across the globe.

What is Weingarten Realty Investors' official website?

The official website for Weingarten Realty Investors is www.weingarten.com.

Where are Weingarten Realty Investors' headquarters?

Weingarten Realty Investors is headquartered at 2600 CITADEL PLAZA DRIVE, HOUSTON TX, 77292.

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 6/22/2021 by MarketBeat.com Staff
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