Washington Real Estate Investment Trust (WRE)
| Market Cap | 2.13B |
| Revenue (ttm) | 176.35M |
| Net Income (ttm) | 9.81M |
| Shares Out | 87.43M |
| EPS (ttm) | 0.11 |
| PE Ratio | 219.37 |
| Forward PE | n/a |
| Dividend | $0.81 (3.33%) |
| Ex-Dividend Date | Jun 21, 2022 |
| Volume | 548,850 |
| Open | 23.97 |
| Previous Close | 23.93 |
| Day's Range | 23.86 - 24.44 |
| 52-Week Range | 22.23 - 27.05 |
| Beta | 0.86 |
| Analysts | Sell |
| Price Target | 25.50 (+4.7%) |
| Earnings Date | Apr 27, 2022 |
About WRE
WashREIT owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track r...
Financial Performance
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for WRE stock is "Sell." The 12-month stock price forecast is 25.5, which is an increase of 4.72% from the latest price.
News
Washington Reit (WRE) Tops Q1 FFO and Revenue Estimates
Washington Reit (WRE) delivered FFO and revenue surprises of 5.26% and 1%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
WashREIT Announces First Quarter 2022 Results and Updates Progress on Southeast Expansion
WASHINGTON, April 27, 2022 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a multifamily REIT with properties in the Washington metro area and the ...
WashREIT to Release First Quarter 2022 Results on Wednesday, April 27th
WASHINGTON, March 17, 2022 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE) will release first quarter earnings results after market close on Wednesday, April 27, 2022.
WashREIT Promotes Susan Lilly Gerock to Senior Vice President, Chief Information Officer
WASHINGTON, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Having increased its emphasis on data and technology initiatives as a focused apartment owner and operator, WashREIT (NYSE: WRE) announced that Susan Lilly ...
Washington Reit (WRE) Q4 FFO and Revenues Miss Estimates
Washington Reit (WRE) delivered FFO and revenue surprises of -5.56% and 1.85%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
WashREIT Announces Fourth Quarter and Full Year 2021 Results
WASHINGTON, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a multifamily REIT with properties in the Washington metro area and the S...
WashREIT Achieves the First-Ever BREEAM Certification for Multifamily Industry in the US
WASHINGTON, D.C.--(BUSINESS WIRE)--WashREIT (NYSE: WRE) has announced the successful certification of eight multifamily assets under BREEAM's In-Use certification standard. This achievement marks a sign...
WashREIT Announces 2021 Dividend Income Tax Treatment
WASHINGTON, Jan. 20, 2022 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE) announced the income tax treatment of its 2021 dividend distributions. This information represents final income allocations. Shareholder...
WashREIT to Release Fourth Quarter 2021 Results on Thursday, February 17th
WASHINGTON, Jan. 10, 2022 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE) will release fourth quarter earnings results after market close on Thursday, February 17, 2022.
WashREIT Achieves BREEAM Certifications and Completes Green Bond Allocation
WASHINGTON, Dec. 16, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE: WRE) announced today that it has issued its Green Bond Allocation Report, outlining the full allocation of net proceeds of its $350 million ...
This REIT Had a Terrible Quarter: Here's Why It's Still a Buy
The company is undergoing a transformation.
Washington Reit (WRE) Lags Q3 FFO and Revenue Estimates
Washington Reit (WRE) delivered FFO and revenue surprises of -4.76% and -5.81%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
WashREIT Announces Third Quarter 2021 Results and Updates Progress on Transformation
WASHINGTON, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a multifamily REIT with properties in the Washington metro region and the...
WashREIT to Release Third Quarter 2021 Results on Thursday, October 28th
WASHINGTON, Sept. 16, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE) will release third quarter earnings results after market close on Thursday, October 28, 2021.
Washington Reit (WRE) Q2 FFO and Revenues Lag Estimates
Washington Reit (WRE) delivered FFO and revenue surprises of -27.27% and -41.46%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
WashREIT Announces Second Quarter 2021 Results and Updates Progress on Transformation
WASHINGTON, July 29, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily properties in the Washington,...
WashREIT Completes Office Portfolio Sale
Continues to Progress Multifamily Transformation and Planned Southeast Expansion Continues to Progress Multifamily Transformation and Planned Southeast Expansion
WashREIT to Release Second Quarter 2021 Results on Thursday, July 29th
WASHINGTON, June 22, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE), a leading owner of multifamily and commercial properties in the Washington Metro area, will release second quarter earnings results aft...
New Strong Sell Stocks for June 21st
ASTE, CMTL, EBMT, MRNS and WRE have been added to the Zacks Rank #5 (Strong Sell) List on June 21, 2021.
WashREIT Accelerates Transformation Into Multifamily REIT With Agreement to Sell Office Portfolio
WASHINGTON, June 15, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE: WRE) (“WashREIT” or the “Company”), as part of its multi-year strategic transformation into a multifamily REIT, announced today that it has ...
WashREIT Announces First Quarter 2021 Results
WASHINGTON, April 28, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily and commercial properties in...
WashREIT Announces $350 Million of Green Bonds for Eligible Green Buildings that Achieve BREEAM Certification
SAN FRANCISCO--(BUSINESS WIRE)-- #ESG--WashREIT (NYSE: WRE) in Washington, D.C. recently announced an expansion of its Green Bond Framework for eligible green projects, including eight multifamily asset...
WashREIT to Release First Quarter 2021 Results on Wednesday, April 28th
WASHINGTON, March 04, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE), a leading owner of multifamily and commercial properties in the Washington Metro area, will release first quarter earnings results aft...
Washington Reit (WRE) Q4 FFO and Revenues Lag Estimates
Washington Reit (WRE) delivered FFO and revenue surprises of -2.94% and -0.43%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
WashREIT Announces Fourth Quarter and Full Year 2020 Results
WASHINGTON, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily and commercial properties in ...