NYSE:WRIWeingarten Realty Investors Stock Price, Forecast & News

Weingarten Realty Investors' stock was trading at $22.64 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WRI stock has decreased by 11.7% and is now trading at $19.99. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weingarten Realty Investors in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Weingarten Realty Investors.

Weingarten Realty Investors is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Weingarten Realty Investors.

Weingarten Realty Investors (NYSE:WRI) released its earnings results on Thursday, May, 7th. The real estate investment trust reported $0.41 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.10. The real estate investment trust had revenue of $108.05 million for the quarter, compared to analysts' expectations of $116.94 million. Weingarten Realty Investors had a net margin of 67.05% and a return on equity of 17.23%. The firm's revenue was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.52 EPS. View Weingarten Realty Investors' earnings history.

Weingarten Realty Investors announced a quarterly dividend on Friday, May 8th. Investors of record on Monday, June 8th will be paid a dividend of $0.18 per share on Tuesday, June 16th. This represents a $0.72 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend is Friday, June 5th. View Weingarten Realty Investors' dividend history.

7 analysts have issued 12 month price objectives for Weingarten Realty Investors' shares. Their forecasts range from $14.50 to $32.00. On average, they expect Weingarten Realty Investors' stock price to reach $20.58 in the next year. This suggests a possible upside of 3.0% from the stock's current price. View analysts' price targets for Weingarten Realty Investors.

Media coverage about WRI stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Weingarten Realty Investors earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutWeingarten Realty Investors.

Weingarten Realty Investors saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,970,000 shares, an increase of 8.0% from the April 30th total of 2,750,000 shares. Based on an average daily volume of 1,480,000 shares, the short-interest ratio is presently 2.0 days. Currently, 2.5% of the shares of the company are sold short. View Weingarten Realty Investors' Current Options Chain.

Some companies that are related to Weingarten Realty Investors include Realty Income (O), Simon Property Group (SPG), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Agree Realty (ADC), Taubman Centers (TCO), Alexander's (ALX), Retail Properties of America (RPAI), Getty Realty (GTY), Retail Opportunity Investments (ROIC), Acadia Realty Trust (AKR), Macerich (MAC) and Kite Realty Group Trust (KRG). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Weingarten Realty Investors investors own include Simon Property Group (SPG), Exxon Mobil (XOM), Intel (INTC), AT&T (T), Ventas (VTR), JPMorgan Chase & Co. (JPM), 3M (MMM), ANNALY CAP MGMT/SH (NLY), salesforce.com (CRM) and Walt Disney (DIS).

Weingarten Realty Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRI."

Weingarten Realty Investors' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.67%), JPMorgan Chase & Co. (6.66%), State Street Corp (4.68%), Cohen & Steers Inc. (3.40%), Morgan Stanley (2.19%) and Morgan Stanley (2.19%). Company insiders that own Weingarten Realty Investors stock include Andrew M Alexander, Shelaghmichael C Brown, Stephen A Lasher and Stephen C Richter. View institutional ownership trends for Weingarten Realty Investors.

WRI stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Federated Hermes Inc., Two Sigma Investments LP, Two Sigma Advisers LP, Wells Fargo & Company MN, BlackRock Inc., Russell Investments Group Ltd., and Citigroup Inc.. View insider buying and selling activity for Weingarten Realty Investors.

WRI stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, Sumitomo Mitsui Trust Holdings Inc., Cohen & Steers Inc., Echo Street Capital Management LLC, Geode Capital Management LLC, and Chartwell Investment Partners LLC. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of WRI stock can currently be purchased for approximately $19.99.

Weingarten Realty Investors has a market capitalization of $2.56 billion and generates $486.63 million in revenue each year. The real estate investment trust earns $315.43 million in net income (profit) each year or $2.10 on an earnings per share basis. Weingarten Realty Investors employs 254 workers across the globe.

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

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]