NYSE:WRE

Washington Real Estate Investment Trust (WRE) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$16.53
$21.27
52-Week Range
N/A
Volume
364,500 shs
Average Volume
543,556 shs
Market Capitalization
$1.54 billion
P/E Ratio
175.70
Dividend Yield
3.87%
Price Target
N/A
WRE stock logo

About Washington Real Estate Investment Trust Stock (NYSE: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 record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.

WRE Stock News Headlines

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Washington, D.C. CRE Developers News
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
2023 Best Real Estate Deals Awards
See More Headlines
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Company Calendar

Last Earnings
10/28/2021
Today
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
CUSIP
93965310
Employees
53
Year Founded
N/A

Profitability

Net Income
$16.38 million
Pretax Margin
-24.53%

Debt

Sales & Book Value

Annual Sales
$169.15 million
Book Value
$15.56 per share

Miscellaneous

Free Float
86,528,000
Market Cap
$1.54 billion
Optionable
Optionable
Beta
0.88
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Key Executives

  • Mr. Paul T. McDermott (Age 60)
    Chairman of Board, Pres & CEO
    Comp: $2.32M
  • Mr. Stephen E. Riffee (Age 64)
    Exec. VP & CFO
    Comp: $1.25M
  • Mr. Andrew E. Leahy
    VP of Investments
  • Mr. Wade Drew Hammond (Age 47)
    VP, Chief Accounting Officer, Corp. Sec. & Treasurer
  • Ms. Susan Lilly Gerock
    Sr. VP of Information Technology & Chief Information Officer
  • Ms. Amy Hopkins
    VP of Investor Relations
  • Ms. Deanna Schmidt
    VP of Marketing & Communications
  • Mr. Ian Kessler
    VP of HR
  • Mr. Edward J. Murn IV (Age 54)
    Managing Director of Devel. & Multifamily Division
  • Mr. Anthony C. Chang
    VP of Asset Management

WRE Stock Analysis - Frequently Asked Questions

How were Washington Real Estate Investment Trust's earnings last quarter?

Washington Real Estate Investment Trust (NYSE:WRE) announced its quarterly earnings data on Thursday, October, 28th. The real estate investment trust reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by $0.47. The real estate investment trust earned $42.50 million during the quarter, compared to analyst estimates of $44.44 million. Washington Real Estate Investment Trust had a net margin of 4.25% and a negative trailing twelve-month return on equity of 3.49%. The company's revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 EPS.

Is Washington Real Estate Investment Trust a good dividend stock?

Washington Real Estate Investment Trust (NYSE:WRE) pays an annual dividend of $0.68 per share and currently has a dividend yield of 3.87%. The dividend payout ratio is 680.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WRE will have a dividend payout ratio of 67.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WRE.

What is Paul T. McDermott's approval rating as Washington Real Estate Investment Trust's CEO?

7 employees have rated Washington Real Estate Investment Trust Chief Executive Officer Paul T. McDermott on Glassdoor.com. Paul T. McDermott has an approval rating of 66% among the company's employees. 68.0% of employees surveyed would recommend working at Washington Real Estate Investment Trust to a friend.

What other stocks do shareholders of Washington Real Estate Investment Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Real Estate Investment Trust investors own include Realty Income (O), Chemours (CC), AT&T (T), Exxon Mobil (XOM), Verizon Communications (VZ), Cracker Barrel Old Country Store (CBRL), Intel (INTC), Chevron (CVX), Altria Group (MO) and ONEOK (OKE).

This page (NYSE:WRE) was last updated on 4/23/2024 by MarketBeat.com Staff

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