About Weingarten Realty Investors (NYSE:WRI)
Weingarten Realty Investors is a real estate investment trust (REIT). The Company's primary business is leasing space to tenants in the shopping centers it owns or leases. The Company also provides property management services. The Company is in the business of owning, managing and developing retail shopping centers. As of December 31, 2016, the Company had owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 220 centers, primarily neighborhood and community shopping centers, which were located in 18 states spanning the country from coast to coast with approximately 44.7 million square feet of gross leasable area. Its centers are located principally in the South, West Coast and Southeast Coast of the United States with concentrations in Arizona, California, Florida and Texas. It also owned interests in 28 parcels of land that totaled approximately 19.8 million square feet, as of December 31, 2016.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Retail REITs
- Sub-Industry: Retail REITs
- Symbol: NYSE:WRI
- CUSIP: 94874110
- Web: www.weingarten.com
Capitalization:- Market Cap: $4.12608 billion
- Outstanding Shares: 128,418,000
Average Prices:- 50 Day Moving Avg: $32.25
- 200 Day Moving Avg: $31.95
- 52 Week Range: $29.03 - $38.82
P/E:- Trailing P/E Ratio: 21.29
- Foreward P/E Ratio: 12.73
- P/E Growth: 3.63
Sales & Book Value:- Annual Revenue: $571.15 million
- Price / Sales: 7.10
- Book Value: $12.34 per share
- Price / Book: 2.56
Dividend:- Annual Dividend: $1.54
- Dividend Yield: 4.8%
Profitability:- EBITDA: $367.56 million
- Net Margins: 33.57%
- Return on Equity: 11.03%
- Return on Assets: 4.36%
Debt:- Debt-to-Equity Ratio: 1.30%
- Current Ratio: 0.99%
- Quick Ratio: 0.99%
Misc:- Average Volume: 797,302 shs.
- Beta: 0.72
Frequently Asked Questions for Weingarten Realty Investors (NYSE:WRI)
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 Thursday, July 27th. Shareholders of record on Friday, September 8th will be paid a dividend of $0.385 per share on Friday, September 15th. This represents a $1.54 dividend on an annualized basis and a yield of 4.88%. The ex-dividend date is Thursday, September 7th. View Weingarten Realty Investors' Dividend History.
How were Weingarten Realty Investors' earnings last quarter?
Weingarten Realty Investors (NYSE:WRI) announced its earnings results on Thursday, July, 27th. The company reported $0.61 EPS for the quarter, topping the Zacks' consensus estimate of $0.60 by $0.01. The firm earned $142.96 million during the quarter, compared to analyst estimates of $142.34 million. Weingarten Realty Investors had a return on equity of 11.03% and a net margin of 33.57%. Weingarten Realty Investors's revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the company posted $0.57 earnings per share. View Weingarten Realty Investors' Earnings History.
When will Weingarten Realty Investors make its next earnings announcement?
Where is Weingarten Realty Investors' stock going? Where will Weingarten Realty Investors' stock price be in 2017?
4 brokerages have issued 12-month target prices for Weingarten Realty Investors' stock. Their forecasts range from $30.00 to $37.00. On average, they expect Weingarten Realty Investors' share price to reach $33.50 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 Kimco Realty Corporation (KIM), Macerich Company (The) (MAC), National Retail Properties (NNN), Brixmor Property Group (BRX), CoreSite Realty Corporation (COR), DDR Corp. (DDR), Taubman Centers (TCO), Retail Properties of America (RPAI), Urban Edge Properties (UE), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments Corp. (ROIC), American Assets Trust (AAT), Kite Realty Group Trust (KRG), Washington Prime Group (WPG), Four Corners Property Trust (FCPT), Agree Realty Corporation (ADC) and Saul Centers (BFS).
Who are Weingarten Realty Investors' key executives?
Weingarten Realty Investors' management team includes the folowing people:
- Stanford Alexander, Chairman of the Board of Trust Managers
- Andrew M. Alexander, President, Chief Executive Officer, Trust Manager
- Stephen C. Richter, Chief Financial Officer, Executive Vice President
- Johnny L. Hendrix, Chief Operating Officer, Executive Vice President
- Shelaghmichael Brown, Independent Trust Manager
- James W. Crownover, Independent Trust Manager
- Stephen A. Lasher, Independent Trust Manager
- Thomas L. Ryan, Independent Trust Manager
- Douglas W. Schnitzer, Independent Trust Manager
Who owns Weingarten Realty Investors stock?
Weingarten Realty Investors' stock is owned by a number of of institutional and retail investors. Top institutional investors include Hermes Investment Management Ltd. (0.87%), Wendell David Associates Inc. (0.05%) and Howe & Rusling Inc. (0.00%). Company insiders that own Weingarten Realty Investors stock include Andrew M Alexander, Johnny Hendrix, Melvin A Dow, Richard David Williams, Robert J Cruikshank, Stephen A Lasher and Stephen C Richter. View Institutional Ownership Trends for Weingarten Realty Investors.
Who sold Weingarten Realty Investors stock? Who is selling Weingarten Realty Investors stock?
Who bought Weingarten Realty Investors stock? Who is buying Weingarten Realty Investors stock?
How do I buy Weingarten Realty Investors stock?
Shares of Weingarten Realty Investors can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Weingarten Realty Investors' stock price today?
One share of Weingarten Realty Investors stock can currently be purchased for approximately $31.58.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Weingarten Realty Investors (NYSE:WRI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $33.50 (6.08% upside) |
Consensus Price Target History for Weingarten Realty Investors (NYSE:WRI)
Analysts' Ratings History for Weingarten Realty Investors (NYSE:WRI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/29/2017 | Jefferies Group LLC | Reiterated Rating | Hold | $32.00 | Low |  |
| 8/24/2017 | Robert W. Baird | Reiterated Rating | Buy | $37.00 | Medium | |
| 8/9/2017 | J P Morgan Chase & Co | Reiterated Rating | Neutral | $37.00 -> $35.00 | Low | |
| 7/31/2017 | Boenning Scattergood | Set Price Target | Sell | $30.00 | Low | |
| 8/12/2016 | Citigroup Inc. | Boost Price Target | Neutral | $40.00 -> $42.00 | N/A | |
(Data available from 10/21/2015 forward)
Earnings History for Weingarten Realty Investors (NYSE:WRI)Earnings History by Quarter for Weingarten Realty Investors (NYSE WRI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/24/2017 | | $0.60 | | | | | N/A | |
| 7/27/2017 | Q2 2017 | $0.60 | $0.61 | $142.34 million | $142.96 million | View | N/A | |
| 4/24/2017 | Q1 2017 | $0.60 | $0.61 | $140.08 million | $140.82 million | View | N/A | |
| 2/21/2017 | Q416 | $0.22 | $0.61 | $138.39 million | $142.90 million | View | N/A | |
| 10/27/2016 | Q3 | $0.58 | $0.58 | $134.50 million | $129.70 million | View | N/A | |
| 7/28/2016 | Q2 | $0.56 | $0.57 | $129.52 million | $135.70 million | View | N/A | |
| 4/21/2016 | Q1 | $0.56 | $0.57 | $128.45 million | $132.42 million | View | N/A | |
| 2/16/2016 | Q4 | $0.56 | $0.56 | $123.82 million | $129.70 million | View | Listen | |
| 10/29/2015 | Q216 | $0.55 | $0.56 | $128.09 million | $130.80 million | View | Listen | |
| 7/28/2015 | Q116 | $0.53 | $0.54 | $125.14 million | $126.80 million | View | Listen | |
| 4/28/2015 | Q1 | $0.52 | $0.52 | $118.47 million | $125.60 million | View | N/A | |
| 2/17/2015 | Q414 | $0.50 | $0.51 | $127.10 million | $126.10 million | View | N/A | |
| 10/23/2014 | Q314 | $0.50 | $0.53 | $126.80 million | $130.50 million | View | N/A | |
| 7/24/2014 | Q214 | $0.50 | $0.51 | $123.98 million | $130.19 million | View | N/A | |
| 4/24/2014 | Q114 | $0.49 | $0.49 | $125.49 million | $127.60 million | View | N/A | |
| 2/13/2014 | Q413 | $0.48 | $0.48 | | $125.50 million | View | N/A | |
| 11/1/2013 | Q313 | $0.47 | $0.51 | $130.40 million | $130.70 million | View | N/A | |
| 7/31/2013 | Q213 | $0.47 | $0.37 | $132.01 million | | View | N/A | |
| 4/30/2013 | Q113 | $0.46 | $0.48 | $121.82 million | $131.70 million | View | N/A | |
| 2/14/2013 | Q412 | $0.45 | $0.47 | $129.38 million | $131.90 million | View | N/A | |
| 10/29/2012 | Q312 | $0.44 | $0.46 | $127.18 million | $129.54 million | View | N/A | |
| 8/7/2012 | | $0.45 | $0.47 | | | View | N/A | |
| 5/8/2012 | | $0.46 | $0.46 | | | View | N/A | |
| 3/1/2012 | | $0.45 | $0.48 | | | View | N/A | |
| 10/31/2011 | | $0.45 | $0.47 | | | View | N/A | |
| 8/2/2011 | | $0.34 | $0.44 | | | View | N/A | |
| 5/5/2011 | | $0.43 | $0.42 | | | View | N/A | |
| 2/28/2011 | | $0.44 | $0.33 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Weingarten Realty Investors (NYSE:WRI)2017 EPS Consensus Estimate: $2.40
2018 EPS Consensus Estimate: $2.48
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $0.59 | $0.60 | $0.60 |
| Q2 2017 | 3 | $0.59 | $0.60 | $0.60 |
| Q3 2017 | 3 | $0.60 | $0.60 | $0.60 |
| Q4 2017 | 3 | $0.60 | $0.62 | $0.61 |
| Q1 2018 | 2 | $0.59 | $0.59 | $0.59 |
| Q2 2018 | 2 | $0.61 | $0.63 | $0.62 |
| Q3 2018 | 2 | $0.62 | $0.63 | $0.63 |
| Q4 2018 | 2 | $0.63 | $0.66 | $0.65 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Weingarten Realty Investors (NYSE:WRI)| Most Recent Dividend: | 9/15/2017 |
| Annual Dividend: | $1.54 |
| Dividend Yield: | 4.88% |
| Dividend Growth: | 6.20% (3 Year Average) |
| Payout Ratio: | 104.76% (Trailing 12 Months of Earnings)
63.90% (Based on This Year's Estimates)
62.10% (Based on Next Year's Estimates)
|
| Track Record: | 7 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Weingarten Realty Investors (NYSE WRI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/27/2017 | quarterly | $0.39 | 4.74% | 9/7/2017 | 9/8/2017 | 9/15/2017 |
| 4/25/2017 | quarterly | $0.39 | 4.55% | 6/6/2017 | 6/8/2017 | 6/15/2017 |
| 2/21/2017 | quarterly | $0.39 | 4.22% | 3/6/2017 | 3/8/2017 | 3/15/2017 |
| 10/27/2016 | quarterly | $0.37 | 4.03% | 12/6/2016 | 12/8/2016 | 12/15/2016 |
| 7/28/2016 | quarterly | $0.37 | 3.38% | 9/6/2016 | 9/8/2016 | 9/15/2016 |
| 4/22/2016 | quarterly | $0.37 | 3.92% | 6/6/2016 | 6/8/2016 | 6/15/2016 |
| 2/16/2016 | quarterly | $0.37 | 4.17% | 3/4/2016 | 3/8/2016 | 3/15/2016 |
| 10/29/2015 | quarterly | $0.35 | 3.86% | 12/4/2015 | 12/8/2015 | 12/15/2015 |
| 7/28/2015 | quarterly | $0.35 | 3.92% | 9/3/2015 | 9/8/2015 | 9/15/2015 |
| 4/28/2015 | quarterly | $0.35 | 4.15% | 6/4/2015 | 6/8/2015 | 6/15/2015 |
| 2/17/2015 | quarterly | $0.35 | 3.76% | 3/5/2015 | 3/9/2015 | 3/16/2015 |
| 12/12/2014 | special | $0.25 | 3.88% | 12/19/2014 | 12/23/2014 | 12/30/2014 |
| 10/23/2014 | quarterly | $0.33 | 3.74% | 12/4/2014 | 12/8/2014 | 12/15/2014 |
| 7/24/2014 | quarterly | $0.33 | 3.87% | 9/4/2014 | 9/8/2014 | 9/15/2014 |
| 4/24/2014 | quarterly | $0.33 | 4.23% | 6/3/2014 | 6/5/2014 | 6/13/2014 |
| 2/13/2014 | quarterly | $0.33 | 4.33% | 3/4/2014 | 3/6/2014 | 3/14/2014 |
| 10/31/2013 | quarterly | $0.31 | 3.85% | 12/3/2013 | 12/5/2013 | 12/13/2013 |
| 7/31/2013 | quarterly | $0.31 | 3.84% | 9/3/2013 | 9/5/2013 | 9/13/2013 |
| 4/30/2013 | quarterly | $0.31 | 3.5% | 6/4/2013 | 6/6/2013 | 6/14/2013 |
| 2/15/2013 | quarterly | $0.31 | 4.03% | 3/5/2013 | 3/7/2013 | 3/15/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Weingarten Realty Investors (NYSE:WRI)Insider Ownership Percentage: 7.30%
Institutional Ownership Percentage: 80.27%
Insider Trades by Quarter for Weingarten Realty Investors (NYSE:WRI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/21/2017 | Richard David Williams | Director | Buy | 1,000 | $0.05 | $50.00 | |
| 9/7/2016 | Andrew M. Alexander | CEO | Sell | 5,731 | $41.59 | $238,352.29 | |
| 9/7/2016 | Stephen A Lasher | Director | Sell | 8,287 | $41.75 | $345,982.25 | |
| 9/2/2016 | Stephen A Lasher | Director | Sell | 10,900 | $41.90 | $456,710.00 | |
| 8/29/2016 | Andrew M Alexander | CEO | Sell | 34,366 | $41.76 | $1,435,124.16 | |
| 8/29/2016 | Stephen A Lasher | Director | Sell | 33,313 | $41.81 | $1,392,816.53 | |
| 8/25/2016 | Andrew M Alexander | CEO | Sell | 55,597 | $41.67 | $2,316,726.99 | |
| 8/16/2016 | Andrew M Alexander | CEO | Sell | 66,224 | $41.59 | $2,754,256.16 | |
| 8/2/2016 | Stephen C Richter | CFO | Sell | 18,000 | $42.80 | $770,400.00 | |
| 4/26/2016 | Johnny Hendrix | COO | Sell | 69,303 | $37.69 | $2,612,030.07 | |
| 3/28/2016 | Richard David Williams | Director | Buy | 10,000 | $0.02 | $150.00 | |
| 3/24/2016 | Richard David Williams | Director | Buy | 50,000 | $0.02 | $750.00 | |
| 3/9/2016 | Andrew M Alexander | CEO | Sell | 84,900 | $36.00 | $3,056,400.00 | |
| 3/7/2016 | Andrew M Alexander | CEO | Sell | 89,747 | $36.12 | $3,241,661.64 | |
| 2/24/2016 | Melvin A Dow | Director | Sell | 4,243 | $35.18 | $149,268.74 | |
| 2/22/2016 | Robert J Cruikshank | Director | Sell | 4,243 | $35.51 | $150,668.93 | |
| 2/8/2016 | Richard David Williams | Director | Buy | 10,000 | $0.02 | $200.00 | |
| 9/17/2015 | Richard David Williams | Director | Buy | 5,000 | $0.03 | $150.00 | |
| 5/29/2015 | Marc J Shapiro | Director | Buy | 20,000 | $33.95 | $679,000.00 | |
| 5/4/2015 | Robert J Cruikshank | Director | Sell | 1,500 | $33.54 | $50,310.00 | |
| 3/25/2015 | Richard David Williams | Director | Buy | 5,000 | $0.04 | $175.00 | |
| 3/11/2015 | Stephen A Lasher | Director | Sell | 20,000 | $34.75 | $695,000.00 | |
| 3/2/2015 | Johnny Hendrix | COO | Sell | 21,158 | $36.19 | $765,708.02 | |
| 2/27/2015 | Robert J Cruikshank | Director | Sell | 3,951 | $35.94 | $141,998.94 | |
| 2/20/2015 | Melvin A Dow | Director | Sell | 4,094 | $36.48 | $149,349.12 | |
| 2/4/2015 | Richard David Williams | Director | Buy | 5,000 | $0.03 | $125.00 | |
| 2/4/2015 | Richard David Williams | Director | Buy | 5,000 | $0.03 | $125.00 | |
| 12/9/2014 | Robert J Cruikshank | Director | Sell | 1,500 | $34.83 | $52,245.00 | |
| 11/25/2014 | Richard David Williams | Director | Buy | 25,000 | $0.03 | $750.00 | |
| 11/6/2014 | Johnny Hendrix | VP | Sell | 100,743 | $36.76 | $3,703,312.68 | |
| 11/4/2014 | Johnny Hendrix | VP | Sell | 100,743 | $36.76 | $3,703,312.68 | |
| 11/4/2014 | Stephen C Richter | CFO | Sell | 44,232 | $36.71 | $1,623,756.72 | |
| 5/6/2014 | Stephen Richter | CFO | Sell | 8,359 | $31.20 | $260,800.80 | |
| 3/7/2014 | Robert Cruikshank | Director | Sell | 3,500 | $30.21 | $105,735.00 | |
| 2/25/2014 | Melvin Dow | Director | Sell | 6,357 | $30.72 | $195,287.04 | |
| 12/12/2013 | Robert Cruikshank | Director | Sell | 1,998 | $27.84 | $55,624.32 | |
| 8/30/2013 | Thomas Ryan | Director | Buy | 2,000 | $29.05 | $58,100.00 | |
| 8/26/2013 | Thomas Ryan | Director | Buy | 2,000 | $29.29 | $58,580.00 | |
| 5/10/2013 | Stephen A Lasher | Director | Sell | 67,000 | $35.59 | $2,384,530.00 | |
| 8/15/2012 | Thomas L Ryan | Director | Buy | 1,000 | $27.43 | $27,430.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Weingarten Realty Investors (NYSE:WRI)
Latest Headlines for Weingarten Realty Investors (NYSE:WRI)
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Weingarten Realty Investors (WRI) Chart for Saturday, October, 21, 2017
