Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At June 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 190 properties which are located in 17 states spanning the country from coast to coast. These properties represent approximately 38.4 million square feet of which our interests in these properties aggregated approximately 24.6 million square feet of leasable area.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:WRI
CUSIP94874110
Phone713-866-6000
Debt
Debt-to-Equity Ratio0.95
Current Ratio1.23
Quick Ratio1.23
Price-To-Earnings
Trailing P/E Ratio11.84
Forward P/E Ratio12.10
P/E Growth2.92
Sales & Book Value
Annual Sales$573.16 million
Price / Sales6.25
Cash Flow$3.9311 per share
Price / Cash7.11
Book Value$14.09 per share
Price / Book1.98
Profitability
EPS (Most Recent Fiscal Year)$2.45
Net Income$335.27 million
Net Margins83.46%
Return on Equity24.90%
Return on Assets11.11%
Miscellaneous
Employees281
Outstanding Shares128,070,000
Market Cap$3.58 billion
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 Monday, July 30th. Stockholders of record on Friday, September 7th will be given a dividend of $0.395 per share on Friday, September 14th. This represents a $1.58 annualized dividend and a dividend yield of 5.65%. The ex-dividend date is Thursday, September 6th. View Weingarten Realty Investors' Dividend History.
How were Weingarten Realty Investors' earnings last quarter?
Weingarten Realty Investors (NYSE:WRI) posted its quarterly earnings results on Monday, July, 30th. The real estate investment trust reported $0.57 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.57. The real estate investment trust earned $138.50 million during the quarter, compared to analyst estimates of $128.13 million. Weingarten Realty Investors had a return on equity of 24.90% and a net margin of 83.46%. The business's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.61 EPS. View Weingarten Realty Investors' Earnings History.
When is Weingarten Realty Investors' next earnings date?
How can I listen to Weingarten Realty Investors' earnings call?
Weingarten Realty Investors will be holding an earnings conference call on Thursday, October 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8887714371.
What guidance has Weingarten Realty Investors issued on next quarter's earnings?
Weingarten Realty Investors issued an update on its FY18 earnings guidance on Monday, July, 30th. The company provided EPS guidance of $2.27-2.33 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.30.
What price target have analysts set for WRI?
11 brokerages have issued 12 month target prices for Weingarten Realty Investors' shares. Their forecasts range from $30.00 to $34.00. On average, they expect Weingarten Realty Investors' stock price to reach $31.1429 in the next year. This suggests a possible upside of 11.4% 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.
Who are some of Weingarten Realty Investors' key competitors?
Some companies that are related to Weingarten Realty Investors include Host Hotels and Resorts (HST), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Gecina (GECFF), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), Klepierre (KLPEF), Regency Centers (REG), UDR (UDR), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Iron Mountain (IRM) and Federal Realty Investment Trust (FRT).
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 investors include Schaper Benz & Wise Investment Counsel Inc. WI (0.20%), Strs Ohio (0.14%), Callahan Advisors LLC (0.10%), Nisa Investment Advisors LLC (0.06%), State of Alaska Department of Revenue (0.04%) and Bank of Montreal Can (0.03%). 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 Bank of Montreal Can, State of Alaska Department of Revenue and Nisa Investment Advisors LLC. 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?
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 $27.95.
How big of a company is Weingarten Realty Investors?
Weingarten Realty Investors has a market capitalization of $3.58 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.
