WPG - Washington Prime Group Inc.

NYSE - NYSE Delayed Price. Currency in USD
3.7200
+0.0200 (+0.54%)
At close: 4:01PM EST
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Previous Close3.7000
Open3.6900
Bid3.6800 x 800
Ask3.7400 x 21500
Day's Range3.6900 - 3.7600
52 Week Range3.1100 - 5.9400
Volume1,981,224
Avg. Volume3,521,517
Market Cap694.152M
Beta (5Y Monthly)0.91
PE Ratio (TTM)24.80
EPS (TTM)0.1500
Earnings DateFeb 25, 2020
Forward Dividend & Yield1.00 (27.03%)
Ex-Dividend DateNov 27, 2019
1y Target Est3.50
  • Local restaurant chain to open new location in Beavercreek
    American City Business Journals

    Local restaurant chain to open new location in Beavercreek

    A local restaurant is opening a new location in Beavercreek later this year, marking its fifth eatery in the Dayton area.

  • Hedge Funds Are Dumping Washington Prime Group Inc (WPG)
    Insider Monkey

    Hedge Funds Are Dumping Washington Prime Group Inc (WPG)

    The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]

  • GlobeNewswire

    Washington Prime Group Announces Mixed Uses at Oklahoma City Properties, Reinforcing the Town Centers as the Hub to Shop, Eat, Play and Live

    Washington Prime Group Inc. (WPG) today announced new hotel and residential uses at the site of its three Oklahoma City properties, further enhancing the Company’s owned retail components which total approximately 310,000 SF. The planned 120-room Ellison Hotel is expected to open in 2021 on The Triangle of Classen Curve site just north of Whole Foods.

  • Moody's

    Washington Prime Group, L.P. -- Moody's downgrades Washington Prime to B1; outlook revised to negative

    Moody's Investors Service, ("Moody's") downgraded all of Washington Prime Group Inc. (WPG)'s ratings, including the ratings of its operating subsidiary, Washington Prime Group, L.P.'s senior unsecured debt to B1 from Ba2.

  • American City Business Journals

    Renderings: Here's what the new Polaris sports venue will look like

    Polaris Fashion Place's newest addition will bring a new and very different anchor from its more traditional predecessor.

  • Is Washington Prime (WPG) A Good Pick for Value Investors?
    Zacks

    Is Washington Prime (WPG) A Good Pick for Value Investors?

    Is Washington Prime (WPG) a great pick from the value investor's perspective right now? Read on to know more.

  • Palm Beach County mall could undergo major redevelopment
    American City Business Journals

    Palm Beach County mall could undergo major redevelopment

    The Boynton Beach Mall could undergo a dramatic redevelopment, with retail space nearly cut in half, and the addition of apartments, hotels, and offices. This is the latest traditional retail center in South Florida to be considered for transformation into a mixed-use project amid a move towards e-commerce. The application noted the Boynton Beach Mall had a 36.8% retail vacancy rate, including the loss of a Sears anchor store.

  • Former Elder Beerman store poised for redevelopment after $3.6M purchase
    American City Business Journals

    Former Elder Beerman store poised for redevelopment after $3.6M purchase

    A shuttered retail store that previously served as an anchor tenant at the Dayton Mall is poised for redevelopment. The former Elder Beerman space, which closed in August 2018, was recently purchased for $3.6 million. The buyer was the mall's owner, Columbus-based Washington Prime Group.

  • GlobeNewswire

    Washington Prime Group Continues Transformation of Dayton Mall

    Washington Prime Group now has control of the former Elder Beerman (Bon-Ton Stores) space following a recent purchase of the 15-acre siteThe Company plans to invest in the.

  • GlobeNewswire

    Southern Park Mall Elevates Guest Experience with In-Demand Entertainment, Food and Beverage Offerings

    Washington Prime Group Inc. (WPG) today announced that Steel Valley Brew Works, a new, local brew and entertainment venue, will be one of several entertainment concepts to anchor redevelopment efforts at Southern Park Mall. Steel Valley Brew Works will overlook and connect to DeBartolo Commons, the outdoor athletic and entertainment green space and event venue which is expected to be complete during the second half of 2020.

  • GlobeNewswire

    Washington Prime Group Board of Directors Declares Quarterly Dividend

    COLUMBUS, Ohio, Nov. 08, 2019 -- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company’s Board of Directors declared a quarterly cash dividend on its common.

  • GlobeNewswire

    Washington Prime Group Announces James Perse Home Showroom to Join Malibu Lumber Yard

    Washington Prime Group Inc. (WPG) today announced that James Perse Showroom will join Malibu Lumber Yard, located in Malibu, California. To build on the leasing momentum, the Company also recently renewed long-term leases with existing tenants James Perse Boutique and Maxfield. Lou Conforti, CEO and Director of Washington Prime Group, stated: “While the quote ‘less is more’ is widely attributed to Mies Van Der Rohe way back in 1947, James Perse practices this mantra pretty much better than anybody out there today.

  • Is Washington Prime Group Inc.'s (NYSE:WPG) ROE Of 5.1% Impressive?
    Simply Wall St.

    Is Washington Prime Group Inc.'s (NYSE:WPG) ROE Of 5.1% Impressive?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • 9 Dividend Stocks That Are Waving Red Flags
    Kiplinger

    9 Dividend Stocks That Are Waving Red Flags

    A strong economy typically lifts the broader market, and a rising broader-market tide will lift a lot of boats. But not all of them. Even in the midst of America's longest bull market, numerous publicly traded companies are struggling - including several dividend stocks whose payouts appear to be on thin ice.Dividend cuts and suspensions are among the worst things that can happen to shareholders - especially those that are relying on that stock for retirement income. Not only are you missing out on cash you were depending on, but the stock's value itself typically suffers ahead of - and after - that kind of announcement.Fortunately for investors, dividend cuts don't come out of nowhere. Even once-proud blue chips such as General Electric (GE) and Kraft Heinz (KHC) telegraphed considerable financial issues before ultimately slashing their regular payouts. But investors need to heed these signs. For instance, high yields - especially if a stock's yield is much higher than its industry peers - can be a sign of heightened risk and a struggling stock (as stock prices go down, dividend yields go up). Also, watch out for companies that pay out most or all of their earnings in dividends, as they will have little breathing room should their profits dip.Here, we look at nine dividend stocks that are flashing warning signs of a payout cut. Some of these companies have already chopped their dividends within the past few years. Some of them have maintained or even grown their payouts of late. In no case is a dividend cut or suspension a guarantee, but all of them face issues that, at the very least, should have current and prospective shareholders on their guard. SEE ALSO: 13 Vulnerable Stocks to Watch If the Market Trembles

  • Is Washington Prime Group Inc. (WPG) A Good Stock To Buy?
    Insider Monkey

    Is Washington Prime Group Inc. (WPG) A Good Stock To Buy?

    "Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]

  • Thomson Reuters StreetEvents

    Edited Transcript of WPG earnings conference call or presentation 24-Oct-19 3:00pm GMT

    Q3 2019 Washington Prime Group Inc Earnings Call

  • Washington Prime gets credit downgrade amid retail turmoil
    American City Business Journals

    Washington Prime gets credit downgrade amid retail turmoil

    Washington Prime Group has been hit with a credit downgrade, further hampering critical analysis of the company in a roiling retail environment.

  • Washington Prime Group (WPG) Q3 FFO Surpass Estimates
    Zacks

    Washington Prime Group (WPG) Q3 FFO Surpass Estimates

    Washington Prime Group (WPG) delivered FFO and revenue surprises of 3.70% and -2.83%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Washington Prime Group Announces Third Quarter 2019 Results

    Reaffirms dividend guidance for remainder of 2019Year-to-date leasing activity remains strong exhibited by a 13% increase to 3.2M SFTier One sales PSF increased 4.6% to $413Tier.

  • GlobeNewswire

    Local Food Purveyors Taquero and #Fryways to Join Culinary Lineup at Polaris Fashion Place

    Washington Prime Group Inc. (WPG) today announced two local favorites – Taquero Mad Street Food and #Fryways – will be the first operators as part of the new KTCHN food venue at Polaris Fashion Place®, the premier lifestyle destination in Columbus, Ohio. Taquero and #Fryways are expected to begin serving guests at KTCHN by the end of November. Lou Conforti, CEO and Director of Washington Prime Group stated: “Tacos and French fries.

  • Sports complex to replace former Sears at Polaris
    American City Business Journals

    Sports complex to replace former Sears at Polaris

    In typically colorful fashion, CEO Lou Conforti expressed excitement at the prospect of the new user by quoting the movie Dodgeball.

  • GlobeNewswire

    FieldhouseUSA to Join Polaris Fashion Place and Town Center at Aurora

    Washington Prime Group Inc. (WPG) today announced that FieldhouseUSA will anchor planned mixed use redevelopment efforts at two of its town centers – Polaris Fashion Place® and Town Center at Aurora. Both town centers are situated in prime locations in densely populated corridors within their respective catchment areas, and FieldhouseUSA is expected to draw a significant increase in annual visitors, benefitting existing tenants and generating strong future leasing demand for both retail and mixed uses. At Polaris Fashion Place, located in Columbus, Ohio, FieldhouseUSA will replace the former Sears department store location.

  • Out-of-state partnership buys fee interest in Irving Mall property
    American City Business Journals

    Out-of-state partnership buys fee interest in Irving Mall property

    The acquisition was part of a larger, four mall, 3.9 million-square-foot land buy portfolio, which also included malls in Florida, Ohio and New York.

  • GlobeNewswire

    Washington Prime Group Announces Refinancing of Four Open Air Assets and Closing of Sale Leaseback for Fee Interest in Land at Four Enclosed Assets

    Washington Prime Group Inc. (WPG) today provided an update on previously announced strategic transactions, demonstrating continued ability to access capital to reduce corporate debt and satisfy ongoing redevelopment efforts. In addition to approximately $68.1 million of net loan proceeds raised during the third quarter of 2019 from the refinancing of four open air assets, Washington Prime Group (the “Company”) received approximately $42.4 million of net proceeds from the sale leaseback transaction during the fourth quarter of 2019. Lou Conforti, CEO and Director stated: “Whether it’s via traditional or more creative capital markets execution, Washington Prime Group continues to debunk those pundits who question our ability to access capital.

  • Moody's

    GS Mortgage Securities Corporation II Commercial Mortgages Pass-Through Certificates Series 2010-C1 -- Moody's affirms four and downgrades four CMBS classes of GSMS 2010-C1

    The ratings on three P&I classes were downgraded primarily due to the continued decline in performance from the Burnsville Center loan, representing 12% of the pool. The Burnsville Center loan matures in July 2020 and the declining performance increases the refinancing risk at its upcoming maturity date. The rating on the interest-only (IO) Class, Cl. X, was downgraded due to a decline in the credit quality of its referenced classes.