TSE:WIR.UWPT Industrial Real Estate Investment Stock Price, Forecast & News

C$12.60

+0.53 (+4.39 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

C$12.21

Now: C$12.60▼

C$12.91

50-Day Range

C$9.96

MA: C$11.45▼

C$12.29

52-Week Range

C$6.19

Now: C$12.60▼

C$15.13

Volume131,146 shs

Average VolumeN/A

Market CapitalizationC$1.05 billion

P/E Ratio8.31

Dividend Yield6.29%

BetaN/A

WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed for the purpose of acquiring, developing, managing and owning primarily industrial investment properties located in the United States, with a particular focus on warehouse and distribution industrial real estate. WPT Industrial, LP (the REIT's operating subsidiary) indirectly owns a portfolio of properties consisting of approximately 18.9 million square feet of gross leasable area, comprised of 56 industrial properties and one office property located in 15 states in the United States. The REIT pays monthly cash distributions, currently at $0.0633 per Unit, or approximately $0.76 per Unit on an annualized basis, in US funds.

Beat the Market (BTM) Rank^™

1.5 Analyst's Opinion

Consensus Rating
WPT Industrial Real Estate Investment has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$13.15, WPT Industrial Real Estate Investment has a potential upside of 4.4% from its current price of C$12.60.
Amount of Analyst Coverage
WPT Industrial Real Estate Investment has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
WPT Industrial Real Estate Investment has received 134 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
WPT Industrial Real Estate Investment has received 155 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
WPT Industrial Real Estate Investment has received 53.63% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about WPT Industrial Real Estate Investment and other stocks. Vote “Outperform” if you believe WIR.U will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WIR.U will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
WPT Industrial Real Estate Investment is a leading dividend payer. It pays a dividend yield of 6.29%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
WPT Industrial Real Estate Investment does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of WPT Industrial Real Estate Investment is 50.13 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, WPT Industrial Real Estate Investment insiders have not sold or bought any company stock.

1.9 Earnings and Valuation

Earnings Growth
Earnings for WPT Industrial Real Estate Investment are expected to decrease by -100.00% in the coming year, from C$1.49 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of WPT Industrial Real Estate Investment is 8.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of WPT Industrial Real Estate Investment is 8.31, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.81.
Price to Book Value per Share Ratio
WPT Industrial Real Estate Investment has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.64 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry REIT - Industrial

Sub-IndustryN/A

SectorReal Estate

Current SymbolTSE:WIR.U

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.wptreit.com

Phone+1-514-9827555

Debt

Debt-to-Equity Ratio107.20

Current Ratio0.19

Quick Ratio0.16

Price-To-Earnings

Trailing P/E Ratio8.31

Forward P/E Ratio8.46

P/E GrowthN/A

Sales & Book Value

Annual SalesC$112.53 million

Price / Sales9.32

Cash FlowC$0.27 per share

Price / Cash Flow46.15

Book ValueC$13.06 per share

Price / Book0.96

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees22

Outstanding Shares83,257,296

Market CapC$1.05 billion

Next Earnings DateN/A

OptionableNot Optionable

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WPT Industrial Real Estate Investment (TSE:WIR.U) Frequently Asked Questions

How has WPT Industrial Real Estate Investment's stock been impacted by COVID-19 (Coronavirus)?

WPT Industrial Real Estate Investment's stock was trading at C$12.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WIR.U stock has increased by 1.6% and is now trading at C$12.60. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of WPT Industrial Real Estate Investment?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WPT Industrial Real Estate Investment in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for WPT Industrial Real Estate Investment.

How often does WPT Industrial Real Estate Investment pay dividends? What is the dividend yield for WPT Industrial Real Estate Investment?

WPT Industrial Real Estate Investment declared a monthly dividend on Tuesday, November 19th. Stockholders of record on Friday, November 29th will be given a dividend of 0.063 per share on Monday, December 16th. This represents a $0.76 annualized dividend and a dividend yield of 6.00%. The ex-dividend date of this dividend is Thursday, November 28th. View WPT Industrial Real Estate Investment's dividend history.

What price target have analysts set for WIR.U?

2 brokers have issued 12-month target prices for WPT Industrial Real Estate Investment's shares. Their forecasts range from C$12.50 to C$14.00. On average, they anticipate WPT Industrial Real Estate Investment's stock price to reach C$13.15 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price. View analysts' price targets for WPT Industrial Real Estate Investment.

Has WPT Industrial Real Estate Investment been receiving favorable news coverage?

Press coverage about WIR.U stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. WPT Industrial Real Estate Investment earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutWPT Industrial Real Estate Investment.

Who are some of WPT Industrial Real Estate Investment's key competitors?

Some companies that are related to WPT Industrial Real Estate Investment include Granite Real Estate Investment Trust (GRT.UN), Tritax Big Box REIT (BBOX), BWP Trust (BWP), Big Yellow Group (BYG), Dream Industrial Real Estate Invest Trst (DIR.UN), Safestore (SAFE), Summit Industrial Income REIT (SMU.UN), National Storage REIT Stapled Securities (NSR), Centuria Industrial Reit (CIP), UK Commercial Property REIT (UKCM), Hansteen (HSTN), Warehouse REIT (WHR), Plymouth Ind Re (PLYM), Plymouth Industrial Reit (PLYM) and Big Yellow Group (BYLOF). View all competitors.

Who are WPT Industrial Real Estate Investment's key executives?

WPT Industrial Real Estate Investment's management team includes the following people:

Mr. Scott Timothy Frederiksen CCIM, SIOR, Chairman & CEO (Age 53)
Mr. Judd K. Gilats, Chief Financial Officer
Mr. Matthew J. Cimino, COO, Sec. & Gen. Counsel

What is WPT Industrial Real Estate Investment's stock symbol?

WPT Industrial Real Estate Investment trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WIR.U."

How do I buy shares of WPT Industrial Real Estate Investment?

Shares of WIR.U and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is WPT Industrial Real Estate Investment's stock price today?

One share of WIR.U stock can currently be purchased for approximately C$12.60.

How big of a company is WPT Industrial Real Estate Investment?

WPT Industrial Real Estate Investment has a market capitalization of C$1.05 billion and generates C$112.53 million in revenue each year. WPT Industrial Real Estate Investment employs 22 workers across the globe.

What is WPT Industrial Real Estate Investment's official website?

The official website for WPT Industrial Real Estate Investment is www.wptreit.com.

How can I contact WPT Industrial Real Estate Investment?

WPT Industrial Real Estate Investment's mailing address is 199 Bay STREET Suite 4000 Stn Commerce Court PO Box 25, TORONTO, ON M5L 1A9, Canada. The company can be reached via phone at +1-514-9827555.

This page was last updated on 6/4/2020 by MarketBeat.com Staff