|Bid||6.00 x 900|
|Ask||6.50 x 42300|
|Day's Range||6.19 - 6.32|
|52 Week Range||5.40 - 8.44|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||15.74|
|Earnings Date||Feb 19, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||1.00 (16.13%)|
|1y Target Est||7.05|
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.
COLUMBUS, Ohio, Nov. 13, 2018 -- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company’s Board of Directors declared a quarterly cash dividend on its common.
NEW YORK, Nov. 01, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
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.
Total portfolio leasing volume at 3.1 million square feet through September 30 COLUMBUS, Ohio, Oct. 24, 2018 -- Washington Prime Group Inc. (NYSE: WPG) today reported.
The Company continues to execute its hybrid town center mandateBig Lots to open at Grand Central MallRoss Dress for Less and The RoomPlace to open at Dayton MallHobby Lobby,.
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.
Central Ohio’s premier lifestyle destination for retail, dining and entertainment, Polaris Fashion Place, and The Daily Growler, the best craft beer bar in Columbus, today announced that The Daily Growler will open its fourth location at the town center. Included in Washington Prime Group’s Tier One enclosed retail portfolio, Polaris Fashion Place is a dominant, hybrid town center located in Columbus,Ohio.
"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. (WPG) continues to proactively manage its exposure to department stores situated within its Tier One and Open Air assets. This has been accomplished by the continued redevelopment of WPG owned department store space as well as the acquisition of space owned by retailers, including Sears.
Washington Prime Group Inc. (WPG) today announced that the Company will hold a conference call on Thursday, October 25, 2018 at 11:00 a.m. Eastern Time to discuss the Company’s third quarter 2018 financial and operating results. The dial-in number for the conference call is 844.646.4463 (or +1.615.247.0256 for international callers), and the participant passcode is 7075197. The live audio webcast of the call will be available on the investor relations section of the Company’s website at www.washingtonprime.com.
Washington Prime Group Inc. (WPG) is enhancing the guest experience at Bowie Town Center, a hybrid Tier One property, and adjacent Bowie Town Center Strip, an Open Air property, located in Bowie, Maryland (collectively as “Bowie Town Center”), through the addition of new lifestyle tenancy including Party HQ, an approximately 18,000 square foot family-friendly entertainment concept. Bowie Town Center is anchored by a dynamic mix of retail, dining and entertainment uses, as well as grocery, fitness, wellness and beauty services.
Washington Prime Group Inc. (WPG) today announced that the Company has closed on a $35.0 million loan secured by Southgate Mall, a Tier One property located in Missoula, Montana. There are two one-year extensions available under the loan agreement. Lou Conforti, CEO and Director of Washington Prime Group stated: “The commercial mortgage loan secured by our recently acquired Southgate Mall, situated in Missoula, Montana, makes me happy for several reasons.
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.