|Bid||5.25 x 21500|
|Ask||6.00 x 800|
|Day's Range||5.31 - 5.47|
|52 Week Range||4.63 - 8.44|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||13.63|
|Forward Dividend & Yield||1.00 (18.94%)|
|1y Target Est||N/A|
# Washington Prime Group Inc ### NYSE:WPG View full report here! ## Summary * Bearish sentiment is high ## Bearish sentiment Short interest | Negative Short interest is high for WPG with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting WPG. However, the last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The $1.98 billion in inflows that ETFs holding WPG received over the last one-month is a decline from earlier in the period and among the weakest of the past year. ## Economic sentiment PMI by IHS Markit | Neutral According 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. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. 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.
In 2016 Lou Conforti was appointed CEO of Washington Prime Group Inc. (NYSE:WPG). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of Read More...
Jim Cramer rattles off his responses to callers' stock questions, including one on a high-profile pharmaceutical stock.
The following real estate stocks are thrashing the S&P 500 index with regard to the dividend yield. The forward dividend yields of the following stocks are based on their share prices at market close on Friday. The share price declined 59% over the 52 weeks through Dec. 14, pushing the forward dividend yield up to 22.43%.
The ownership of WestShore Plaza wants to replace Sears and a sea of surface parking with multiple buildings — including a few high rises — that could be home to anything from condos and apartments to office space to a grocery store. Washington Prime Group (NYSE: WPG) is asking the city rezone the entire mall from regional mall, mall anchor and restaurant uses to more specific uses to make way for a massive redevelopment on the northeast corner of the property. Sears' bankruptcy, WestShore Plaza says in its filing, has "created an opportunity for WPG to ensure the long-term viability of WestShore Plaza by embarking on a redevelopment of not only the Sears retail footprint but also the adjacent parking fields and restaurant outparcels." The redevelopment includes the Sears department store and surface parking that stretches from south of Gray Street almost to Kennedy Boulevard (the Bank of America office and gas station that front Kennedy are not owned by Washington Prime and are not part of the rezoning, but Seasons 52 is).
A city-initiated rezoning could lead to the redevelopment of the struggling Boynton Beach Mall. While many malls in South Florida have weathered the e-commerce storm hitting retailers fairly well, the Boynton Beach Mall has experienced challenges with vacancies, such as the Sears there that is slated to close after the holiday season. On Dec. 17, the city’s Planning and Development Board will consider a city staff-initiated land use change to rezone the 108.3-acre mall site from Development of Regional Impact to mixed-use low.
Short interest is high for WPG with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting WPG. Over the last month, ETFs holding WPG are favorable, with net inflows of $4.36 billion.
A building rendering name at Scottsdale Quarter is causing some confusion since it is the name is a tech-focused Valley company that has two big projects announced and underway.
Short interest is high for WPG with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting WPG. Over the last month, ETFs holding WPG are favorable, with net inflows of $4.19 billion.
Lou Conforti is tired of hearing about Sears. The Washington Prime Group CEO said as much as the company reaffirmed its investor guidance that 2018's funds from operations would remain $1.48 to $1.56 per share. “Remember the Brady Bunch drinking game where everybody had to chug a beverage when Marcia said ‘groovy’ or Alice was caught making out with Sam the Butcher?
Washington Prime Group (WPG) delivered FFO and revenue surprises of 2.78% and 0.68%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
COLUMBUS, Ohio (AP) _ Washington Prime Group Inc. (WPG) on Wednesday reported a key measure of profitability in its third quarter. The Columbus, Ohio-based real estate investment trust said it had funds from operations of $82.1 million, or 37 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
Long before its bankruptcy, Sears closures in the Tampa Bay region have meant opportunity for retail landlords and developers.
"We've worked diligently to address unproductive department store space over the previous couple of years and recent reports of an imminent Sears bankruptcy filing shouldn't come as a surprise to any landlord unless they own a few Zayre or E.J Korvette locations trapped in a space-time continuum where the Sansabelt clad relax on shag carpeting, illuminated by the warm glow of a lava lamp while they drink Tang and vodka and listen to The Moody Blues."
It appears that the bitter end is finally near for Sears Holding Corp.: The long-struggling department store is preparing to file for bankruptcy, with some of its lenders urging for Chapter 7 liquidation. Much has been written about the demise of Sears, which has been on the decline since the early aughts. Sears closures in the Tampa Bay area have already meant hundreds of lost jobs.
The Sears department store in WestShore will be redeveloped, the mall's owner has confirmed to the Tampa Bay Business Journal.
Washington Prime Group Inc is a US$1.63b small-cap, real estate investment trust (REIT) based in Columbus, United States. REIT shares give you ownership of the company than owns and managesRead More...
Details the CEO buys this past week from the following companies: Odonate Therapeutics, Bausch Health Companies, FGL Holdings, Washington Prime Group and First Bancorp
CEO of Washington Prime Group Inc (NYSE:WPG) Louis G Conforti bought 13,857 shares of WPG on 09/20/2018 at an average price of $7.22 a share.
Short interest is high for WPG with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting WPG. Over the last month, ETFs holding WPG are favorable, with net inflows of $4.31 billion.