|Bid||26.69 x 800|
|Ask||26.72 x 800|
|Day's Range||26.61 - 26.75|
|52 Week Range||22.53 - 31.85|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||121.78|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||1.20 (4.25%)|
|1y Target Est||29.00|
Washington Real Estate Investment Trust NYSE:WREView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is moderate Bearish sentimentShort interest | NeutralShort interest is moderate for WRE with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold WRE had net inflows of $51 million over the last one-month. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year, but is easing. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. WRE credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.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 2013 Paul McDermott was appointed CEO of Washington Real Estate Investment Trust (NYSE:WRE). First, this article...
WashREIT (WRE) has closed the previously announced acquisition of five garden-style multifamily assets located in Northern Virginia consisting of 1,685 units for $379.1 million. “We are pleased to be growing our Northern Virginia multifamily portfolio by 53% at a time when that region is poised to deliver strong economic growth fueled by a thriving technology sector," said Paul T. McDermott, President and CEO of WashREIT. The Company now owns a total of 4,861 multifamily units in Northern Virginia and total of 5,953 units in the Washington Metro region overall.
The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]
The real estate investment trust, based in Washington, said it had funds from operations of $35.4 million, or 44 cents per share, in the period. The average estimate of seven analysts surveyed by Zacks ...
WASHINGTON, April 24, 2019 -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of commercial and multifamily.
The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share price rise faster than the market But Washington Real Estate Investment Trust (NYSE:WRE) has fallen short of t...
Issued Just Weeks Ahead of 1Q Earnings Reports for U.S. Shopping Mall REITs, In-Depth Report Shows Volatile Activity Since 'Retail Apocalypse' New Performance Update Uses Unique 'Thasos Trade Area' Tool ...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! In December 2018, Washington Real Estate Investment Trust (NYSE:WRE) released its latest earnings announcement, which su...
Washington Real Estate Investment Trust (WRE) to dispose selective commercial assets in order to fund the acquisition of the seven-community multi-family portfolio.
Washington Real Estate Investment Trust (NYSE: WRE) is expanding its multifamily portfolio by 50% with the purchase of seven apartment communities in the D.C. suburbs for $461 million. The D.C.-based developer plans to sell some commercial assets to fund the purchases.
WashREIT (WRE), a leading owner of commercial and multifamily properties in the Washington, DC area, has entered into a definitive agreement to purchase a 2,113 unit multifamily portfolio for approximately $461 million. The Company plans to sell select commercial assets to fund the acquisition and will provide further information upon closing the asset sales. “We are expanding our multifamily portfolio to serve the fast-growing cohort of renters - aging millennials - who can’t afford home ownership or urban infill rents and are drawn to well-located, Class B suburban multifamily with its larger living spaces and excellent community services,” said Paul McDermott, President and CEO of WashREIT.
WASHINGTON, March 20, 2019 -- Washington REIT (Washington Real Estate Investment Trust – NYSE: WRE), a leading owner of commercial and multifamily properties in the Washington,.
Washington Real Estate Investment Trust (WRE) signs a lease with a leading global energy and infrastructure provider for 51,000 square feet of space at its office tower -- Watergate 600.
On 31 December 2018, Washington Real Estate Investment Trust (NYSE:WRE) announced its latest earnings update. Overall, analyst consensus outlook appear bearish, with profits predicted to drop by -16% next yearRead More...
WashREIT (WRE), a leading owner of commercial and multifamily properties in the Washington, DC, area, has executed a 51,000 square foot lease for the top two floors of Watergate 600 in Washington, DC. WashREIT acquired the asset in 2017 for approximately $437 per square foot and recently completed an extensive renovation of the building’s entryway, lobby, elevators and common areas. “We are pleased to have created value at Watergate 600 by effectively repositioning this iconic asset and re-leasing the majority of its availability ahead of schedule and at rents that are better than our underwriting,” said Paul McDermott, President and Chief Executive Officer of WashREIT.
NEW YORK , March 1, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600: Washington Real Estate Investment Trust (NYSE: WRE) will replace Investment Technology ...
It’s earnings season, and many public companies with a presence in Greater Washington are releasing tidbits about their developments and holdings here via their calls with analysts. Houston-based Weingarten Realty Investors (NYSE: WRI): The developer of West Alex at King and Beauregard streets in Alexandria, and Centro Arlington at Columbia Pike and South George Mason Drive, says both projects are “progressing nicely,” with residential preleasing (Centro Arlington has 366 units and West Alex 271) expected to start in the second half of the year. The Harris Teeter at Centro Arlington is expected to open by the end of 2019.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! I've been keeping an eye on Washington Real Estate InvestmentRead More...
Washington REIT is a real estate investment trust. The Company is engaged in the ownership and operation of income-producing real properties in the greater Washington metro region. The dividend yield of Washington REIT stocks is 4.48%.