Washington Real Estate Investment Trust (WRE)
Stock Price:
$23.70 USD
0.49 (2.11%)
Updated December 1, 10:19 AM EST - Market open
Key Info
| Market Cap |
1.95B |
| Revenue (ttm) |
303.56M |
| Net Income (ttm) |
49.56M |
| Shares Out |
82.37M |
| EPS (ttm) |
0.60 |
| PE Ratio |
39.50 |
| Forward PE |
n/a |
| Dividend |
$1.20 |
| Dividend Yield |
5.06% |
Stock Quote
| Trading Day |
December 1 |
| Last Price |
$23.70 |
| Previous Close |
$23.21 |
| Change ($) |
0.49 |
| Change (%) |
2.11% |
| Day's Open |
23.54 |
| Day's Range |
23.48 - 23.91 |
| Day's Volume |
33,049 |
| 52-Week Range |
17.29 - 30.81 |
More Stats
| Market Cap |
1.95B |
| Enterprise Value |
3.03B |
| Earnings Date (est) |
n/a |
| Ex-Dividend Date |
Sep 18, 2020 |
| Shares Outstanding |
82.37M |
| Float |
n/a |
| EPS (basic) |
0.59 |
| EPS (diluted) |
0.60 |
| FCF / Share |
2.23 |
| Dividend |
$1.20 |
| Dividend Yield |
5.06% |
| Earnings Yield |
2.53% |
| FCF Yield |
9.37% |
| Payout Ratio |
203.40% |
| Shares Short |
2.12M |
| Short Ratio |
5.80 |
| Short % of Float |
n/a |
| Beta |
0.80 |
| PE Ratio |
39.50 |
| Forward PE |
n/a |
| P/FCF Ratio |
10.67 |
| PS Ratio |
6.43 |
| PB Ratio |
1.54 |
| Revenue |
303.56M |
| Operating Income |
35.92M |
| Net Income |
49.56M |
| Free Cash Flow |
182.94M |
| Net Cash |
-1.08B |
| Net Cash / Share |
-13.10 |
| Gross Margin |
63.78% |
| Operating Margin |
11.83% |
| Profit Margin |
16.30% |
| FCF Margin |
60.27% |
| ROA |
0.86% |
| ROE |
3.77% |
| ROIC |
2.40% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (6)
| Buy |
0 |
| Overweight |
1 |
| Hold |
5 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$23.33*
(-1.56% downside)
Low
21.0
Current: $23.70
High
25.0
Target: 23.33
*Average 12-month price target from 6 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 309 | 292 | 280 | 313 | 306 | 289 | 263 | 255 | 235 | 253 |
| Revenue Growth | 5.98% | 4.08% | -10.53% | 2.23% | 6.16% | 9.74% | 3.23% | 8.55% | -7.27% | - |
| Gross Profit | 194 | 186 | 175 | 198 | 194 | 185 | 170 | 168 | 155 | 168 |
| Operating Income | 22.91 | 50.34 | 17.72 | 69.80 | 57.17 | 63.58 | 65.19 | 67.42 | 46.85 | 74.33 |
| Net Income | 384 | 25.63 | 19.67 | 119 | 89.74 | 112 | 37.35 | 23.71 | 105 | 37.43 |
| Shares Outstanding | 80.26 | 78.96 | 76.82 | 72.16 | 68.18 | 66.80 | 66.58 | 66.24 | 65.98 | 62.14 |
| Earnings Per Share | 4.75 | 0.32 | 0.25 | 1.65 | 1.31 | 1.67 | 0.55 | 0.35 | 1.58 | 0.60 |
| EPS Growth | 1384.38% | 28% | -84.85% | 25.95% | -21.56% | 203.64% | 57.14% | -77.85% | 163.33% | - |
| Dividend Per Share | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | 1.46 | 1.72 | 1.72 |
| Dividend Growth | 0% | 0% | 0% | 0% | 0% | 0% | -17.81% | -15.12% | 0% | - |
| Operating Cash Flow | 131 | 147 | 131 | 115 | 109 | 83.12 | 113 | 131 | 118 | 112 |
| Capital Expenditures | 61.04 | -38.94 | -190 | -64.38 | -89.83 | -106 | 194 | -88.55 | 61.10 | -111 |
| Free Cash Flow | 192 | 108 | -59.48 | 50.35 | 19.49 | -23.35 | 307 | 42.90 | 179 | 0.78 |
| Cash & Equivalents | 14.75 | 7.64 | 12.62 | 17.62 | 37.21 | 26.13 | 140 | 32.53 | 31.99 | 99.25 |
| Total Debt | 1,100 | 1,232 | 1,155 | 1,112 | 1,266 | 1,210 | 1,141 | 1,225 | 1,180 | 1,215 |
| Net Cash / Debt | -1,085 | -1,224 | -1,143 | -1,094 | -1,229 | -1,184 | -1,002 | -1,193 | -1,148 | -1,116 |
| Assets | 2,628 | 2,417 | 2,359 | 2,254 | 2,191 | 2,108 | 1,975 | 2,124 | 2,121 | 2,168 |
| Liabilities | 1,216 | 1,349 | 1,264 | 1,202 | 1,354 | 1,286 | 1,216 | 1,328 | 1,258 | 1,307 |
| Book Value | 1,412 | 1,068 | 1,095 | 1,051 | 836 | 820 | 755 | 792 | 859 | 857 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Washington Real Estate Investment Trust |
| Country |
United States |
| Employees |
125 |
| CEO |
Paul T. McDermott |
Stock Information
| Ticker Symbol |
WRE |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Office |
| Unique Identifier |
NYSE: WRE |
Description
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 record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.