|Bid||0.0000 x 27000|
|Ask||3.4300 x 4000|
|Day's Range||3.3200 - 3.4300|
|52 Week Range||3.1200 - 8.1200|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||19.31|
|Forward Dividend & Yield||1.00 (30.21%)|
|1y Target Est||N/A|
Funds from operations plunged again at Washington Prime and PREIT last quarter, but one of the two REITs has a much better chance of bouncing back next year.
Washington Prime Group (WPG) delivered FFO and revenue surprises of -3.57% and -4.36%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Realty Income (O) is poised to benefit from solid investments, and focus on service, non-discretionary and low-price retail business tenants. However, the choppy retail real estate market is a drag.
A Maitland real estate company plans to buy a fitness entrepreneur-owned shopping center in Seminole County. V3 Capital Group LLC is under contract for the roughly 100,000-square-foot Shoppes at Hunt Club in Apopka, CEO Trey Vick told Orlando Business Journal. Vick plans to renovate the shopping center after acquiring the property northwest of Semoran and Hunt Club boulevards.
Washington Prime Group Inc. (NYSE:WPG), which is in the reits business, and is based in United States, saw significant...
Washington Prime Group Inc NYSE:WPGView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NegativeShort interest is extremely high for WPG with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting WPG. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding WPG totaled $68.83 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
A Columbus, Ohio, real estate investment trust plans to sink $2.6 million into upgrades to an Altamonte Springs shopping center, according to a building permit application submitted to the city of Altamonte Springs. Washington Prime Group Inc. (NYSE: WPG) expects to improve the exterior to the nearly 400,000-square-foot West Town Corners at 280 S. State Road 434. Orlando-based Cuhaci & Peterson, Architects Engineers Planners is the project architect.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Washington Prime Group Inc. New York, June 07, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Washington Prime Group Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Luxury retail marketplace AHAlife relocated to Columbus from New York City because it couldn't top the talent here. "This is a great city and there's so much knowledge here," CEO Rob Mancini said in a recent interview with Columbus Business First. The confluence of big names like L Brands, Express, Abercrombie & Fitch and Big Lots in this market as well as major real estate names like Steiner + Associates and Washington Prime Group has built a major local talent pool for the retail industry.
Realty Income's (O) sale-leaseback transaction with Sainsbury's is in sync with its growth strategy through exploring of accretive acquisition opportunities.
Realty Income's (O) private placement of senior unsecured notes comes as part of the company's effort to raise capital to fund its first international real estate investment.
In an age when brick-and-mortar storefronts are shuttering locations by the dozen, the ownership of WestShore Plaza plans to kick off the redevelopment of its Sears store by building more retail space. Instead, joined with new restaurant and residential space, Washington Prime expects the redevelopment to be a boost to its current tenants, too.
Realty Income (O) likely to gain from solid domestic investments, international expansion and focus on service, non-discretionary and low-price retail business tenants.
The explosive growth in Central Florida — which absorbs roughly 1,500 new residents weekly — has driven demand for new housing.