Washington Real Estate Investment Trust (WRE)

NYSE: WRE · IEX Real-Time Price · USD
24.35
0.42 (1.76%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap2.13B
Revenue (ttm)176.35M
Net Income (ttm)9.81M
Shares Out87.43M
EPS (ttm)0.11
PE Ratio219.37
Forward PEn/a
Dividend$0.81 (3.33%)
Ex-Dividend DateJun 21, 2022
Volume548,850
Open23.97
Previous Close23.93
Day's Range23.86 - 24.44
52-Week Range22.23 - 27.05
Beta0.86
AnalystsSell
Price Target25.50 (+4.7%)
Earnings DateApr 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...

IndustryEquity Real Estate Investment Trusts (REITs)
CEOPaul McDermott
Employees53
Stock ExchangeNYSE
Ticker SymbolWRE
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$25.5
(4.72% upside)
Analyst Consensus: Sell
Stock Forecasts

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?

4 weeks ago - Zacks Investment Research

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 ...

4 weeks ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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?

3 months ago - Zacks Investment Research

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Business Wire

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...

4 months ago - GlobeNewsWire

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.

4 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

This REIT Had a Terrible Quarter: Here's Why It's Still a Buy

The company is undergoing a transformation.

5 months ago - The Motley Fool

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?

6 months ago - Zacks Investment Research

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...

6 months ago - GlobeNewsWire

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.

8 months ago - GlobeNewsWire

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?

9 months ago - Zacks Investment Research

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,...

9 months ago - GlobeNewsWire

WashREIT Completes Office Portfolio Sale

Continues to Progress Multifamily Transformation and Planned Southeast Expansion Continues to Progress Multifamily Transformation and Planned Southeast Expansion

9 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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.

Other symbols:ASTECMTLEBMTMRNS
11 months ago - Zacks Investment Research

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 ...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Business Wire

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...

1 year ago - GlobeNewsWire

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?

1 year ago - Zacks Investment Research

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 ...

1 year ago - GlobeNewsWire