|Bid||4.5000 x 21500|
|Ask||4.6800 x 800|
|Day's Range||4.4900 - 4.6700|
|52 Week Range||4.2300 - 8.4370|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||13.89|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.00 (17.70%)|
|1y Target Est||4.30|
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.
COLUMBUS, Ohio, May 16, 2019 -- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company’s Board of Directors declared a quarterly cash dividend on its common.
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.
Washington Prime Group Inc NYSE:WPGView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is high * Economic output in this company's sector is expanding 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 and may be weakening. The net inflows of $21 million over the last one-month into ETFs that hold WPG are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording 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. 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.
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CEO of Washington Prime Group Inc (NYSE:WPG) Louis G Conforti bought 22,500 shares of WPG on 05/01/2019 at an average price of $4.55 a share.
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The struggling mall REIT isn't making it easy for investors to understand how it is faring -- perhaps because its turnaround efforts aren't helping yet.
Upgrades are planned for a nearly 400,000-square-foot shopping center in Altamonte Springs. Columbus, Ohio-based Washington Prime Group Inc. (NYSE: WPG) expects to renovate West Town Corners at 280 S. State Road 434, according to city of Altamonte Springs documents. The firm didn't reveal the cost and scope of the renovations to the 379,220-square-foot shopping center, where Washington Prime Group is the majority owner.
"We are far from delusional and realize our sector desperately needed this clean up," he said. "However, incomplete and inaccurate data should be addressed with rigorous quantitative and qualitative analysis."
The Columbus, Ohio-based real estate investment trust said it had funds from operations of $70.1 million, or 31 cents per share, in the period. Funds from operations is a closely watched measure in the ...
First quarter leasing volume continues to be robust exhibited by a 20% increase to 1.4M SFAddressed 11 of 22 vacant department store boxes at Tier One and Open Air assetsStrong.
RESTON, Va., April 24, 2019 /PRNewswire/ -- Electrify America today announced collaboration with nine additional companies to host more than 30 ultra-fast electric vehicle charging stations across the U.S. The companies, ranging from popular grocery store chains to retail shopping centers, will help expand the availability of electric vehicle DC fast charging for customers who drive or are considering purchasing a zero-emissions vehicle.
Washington Prime Group Inc. (WPG) today announced that Shake Shack will join the dynamic tenant lineup at its Arbor Hills town center, located in Ann Arbor, Michigan. The addition of Shake Shack will not only further attract guests to the shops at Arbor Hills, but also drive revenue at the property. Arbor Hills is well-positioned to gain market share and lead the way for a redefined retail experience in the Ann Arbor MSA.
Washington Prime Group Inc. (WPG) today announced that Waterford Lakes Town Center LLC, an affiliate of the Company, executed an $180.0 million non-recourse mortgage note payable with a ten-year term and a fixed rate of 4.86% secured by Waterford Lakes Town Center, a Tier One asset located in Orlando, Florida. The mortgage note payable requires monthly principal and interest payments and will mature on May 6, 2029. The proceeds from this transaction, as well as anticipated proceeds from the planned refinancing of 2019 mortgage debt maturities, will substantially satisfy the $250M senior unsecured note which matures 2020.
Investors are treating PREIT like it's about to be devastated by the retail apocalypse, but its efforts to drive more traffic to its malls are already bearing fruit.
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 ...
"We've seen a tremendous amount of disruption," said Lisa Indest, executive vice president and chief accounting officer for the malls and shopping center holding company. This past year, the company has repeatedly sought to reassure investors amid major retailer bankruptcies – including Sears, Bon-Ton, Toys 'R Us and others – in each case releasing a public rundown of how these big-box retailer shutdowns impact its business. Vacancies at U.S. shopping centers hit 9.3 percent last month, the highest level in eight years, reports the Financial Times, citing an affiliate of Moody's Analytics.
Washington Prime Group Inc. (WPG) today announced that the Company will hold a conference call on Thursday, April 25, 2019 at 11:00 a.m. Eastern Time to discuss the Company’s first quarter 2019 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 7295326. The live audio webcast of the call will be available on the investor relations section of the Company’s website at www.washingtonprime.com. A replay of the call will be available on the Company’s website, or by calling 855.859.2056 (or +1.404.537.3406 for international callers), passcode is 7295326, beginning on Thursday, April 25, 2019, at approximately 1:00 p.m. Eastern Time through midnight on Thursday, May 9, 2019.