Washington Real Estate Investment Trust (WRE)
Stock Price:
$22.77 USD
-0.66 (-2.82%)
Updated Aug 13, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
1.88B |
| Revenue (ttm) |
310.59M |
| Net Income (ttm) |
383.28M |
| Shares Out |
82.35M |
| EPS (ttm) |
4.68 |
| PE Ratio |
4.87 |
| Forward PE |
n/a |
| Dividend |
$1.20 |
| Dividend Yield |
5.27% |
Stock Quote
| Trading Day |
Aug 13, 2020 |
| Last Price |
$22.77 |
| Previous Close |
$23.43 |
| Change ($) |
-0.66 |
| Change (%) |
-2.82% |
| Day's Open |
23.21 |
| Day's Range |
22.71 - 23.44 |
| Day's Volume |
256,646 |
| 52-Week Range |
18.01 - 32.22 |
More Stats
| Market Cap |
1.88B |
| Enterprise Value |
2.94B |
| Earnings Date (est) |
Oct 22, 2020 |
| Ex-Dividend Date |
Jun 19, 2020 |
| Shares Outstanding |
82.35M |
| Float |
81.53M |
| EPS (basic) |
4.74 |
| EPS (diluted) |
4.68 |
| FCF / Share |
8.04 |
| Dividend |
$1.20 |
| Dividend Yield |
5.27% |
| Earnings Yield |
20.55% |
| FCF Yield |
35.21% |
| Payout Ratio |
n/a |
| Shares Short |
2.04M |
| Short Ratio |
4.67 |
| Short % of Float |
3.72% |
| Beta |
0.80 |
| PE Ratio |
4.87 |
| Forward PE |
n/a |
| P/FCF Ratio |
2.84 |
| PS Ratio |
6.04 |
| PB Ratio |
1.43 |
| Revenue |
310.59M |
| Operating Income |
33.93M |
| Net Income |
383.28M |
| Free Cash Flow |
660.20M |
| Net Cash |
-1.07B |
| Net Cash / Share |
-12.99 |
| Gross Margin |
62.33% |
| Operating Margin |
10.92% |
| Profit Margin |
123.40% |
| FCF Margin |
212.56% |
| ROA |
0.78% |
| ROE |
3.60% |
| ROIC |
n/a |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (5)
| Buy |
0 |
| Overweight |
2 |
| Hold |
3 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$25.50*
(11.99% upside)
Low
22.0
Current: $22.77
High
29.0
Target: 25.50
*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 D.C. market. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of July 28, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,861 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE and our company currently has an enterprise value of approximately $3 billion. 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.