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WRE

WRE - Washington Real Estate Investment Trust Stock Price, Fair Value and News

15.15USD+0.11 (+0.73%)Delayed as of 26 Apr 2024, 11:00 am ET

Market Summary

WRE
USD15.15+0.11
Delayedas of 26 Apr 2024, 11:00 am
0.73%

WRE Stock Price

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WRE RSI Chart

WRE Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

-24.95

Price/Sales (Trailing)

5.8

Price/Free Cashflow

15.61

WRE Price/Sales (Trailing)

WRE Profitability

Operating Margin

47.44%

Return on Equity

-4.59%

Return on Assets

-2.79%

Free Cashflow Yield

6.41%

WRE Fundamentals

WRE Revenue

Revenue (TTM)

227.9M

Rev. Growth (Yr)

5.86%

Rev. Growth (Qtr)

3.89%

WRE Earnings

Earnings (TTM)

-53.0M

Earnings Growth (Yr)

12.06%

Earnings Growth (Qtr)

92.88%

Breaking Down WRE Revenue

52 Week Range

15.26
(Low)(High)

Last 7 days

2.1%

Last 30 days

12.2%

Last 90 days

1.3%

Trailing 12 Months

-31.4%

How does WRE drawdown profile look like?

WRE Financial Health

WRE Investor Care

Dividend Yield

4.79%

Dividend/Share (TTM)

0.72

Shares Dilution (1Y)

0.19%

Diluted EPS (TTM)

-0.61

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023217.4M222.6M224.7M227.9M
2022176.3M186.4M198.5M209.4M
2021170.9M168.4M167.2M169.2M
2020283.5M250.4M213.9M176.0M
2019289.5M291.0M300.3M309.2M
2018321.2M313.1M301.3M291.7M
2017313.6M317.7M320.7M325.1M
2016308.7M313.9M315.4M313.3M
2015294.9M296.9M301.7M306.4M
2014267.1M273.4M281.0M288.6M
2013269.3M259.6M261.0M263.0M
2012284.3M296.8M290.7M279.9M
2011257.1M256.1M261.6M271.6M
2010244.0M232.5M222.5M258.5M
20090264.7M260.6M256.5M
2008000268.7M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Washington Real Estate Investment Trust

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Sep 30, 2022
banner jennifer s
acquired
-
-
783
-
Sep 30, 2022
butcher benjamin s
acquired
-
-
783
-
Jun 30, 2022
banner jennifer s
acquired
-
-
215
-
Jun 30, 2022
butcher benjamin s
acquired
-
-
645
-
Jun 01, 2022
mcdermott paul t.
sold (taxes)
-1,159,200
24.00
-48,300
president, ceo & chairman
May 13, 2022
civera edward s
acquired
-
-
2,189
-
May 13, 2022
winns anthony l.
acquired
-
-
2,189
-
May 13, 2022
nolan thomas h jr
acquired
-
-
2,189
-
May 13, 2022
goitia ellen m.
acquired
-
-
2,189
-
May 13, 2022
butcher benjamin s
acquired
-
-
2,189
-

1–10 of 50

Which funds bought or sold WRE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 24, 2024
Simplicity Wealth,LLC
new
-
449,368
449,368
 0.01%
Apr 24, 2024
PROFFITT & GOODSON INC
unchanged
-
-68.00
1,392
 -%
Apr 24, 2024
DekaBank Deutsche Girozentrale
added
14.37
12,000
304,000
 -%
Apr 24, 2024
BROWN ADVISORY INC
reduced
-7.89
-173,243
1,248,680
 -%
Apr 23, 2024
FIFTH THIRD BANCORP
reduced
-37.32
-3,195
4,747
 -%
Apr 23, 2024
WASHINGTON TRUST Co
unchanged
-
-2,111
43,222
 -%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-0.91
-35,420
605,520
 0.01%
Apr 23, 2024
AMALGAMATED BANK
reduced
-19.05
-111,000
375,000
 -%
Apr 23, 2024
Hunter Perkins Capital Management, LLC
added
52.81
131,000
416,000
 0.09%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
45,296
688,872
 -%

1–10 of 50

Are Funds Buying or Selling WRE?

Are funds buying WRE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WRE
No. of Funds

Unveiling Washington Real Estate Investment Trust's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
0.0%
0
SC 13G/A
Feb 13, 2024
vanguard group inc
16.13%
14,163,157
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 29, 2024
state street corp
6.52%
5,725,414
SC 13G/A
Jan 19, 2024
blackrock inc.
19.5%
17,168,301
SC 13G/A
Feb 14, 2023
t. rowe price investment management, inc.
5.4%
4,753,403
SC 13G
Feb 14, 2023
price t rowe associates inc /md/
0.1%
52,991
SC 13G/A
Feb 10, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
16.44%
14,386,547
SC 13G/A

Recent SEC filings of Washington Real Estate Investment Trust

View All Filings
Date Filed Form Type Document
Apr 18, 2024
ARS
ARS
Apr 18, 2024
DEF 14A
DEF 14A
Apr 18, 2024
DEFA14A
DEFA14A
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Feb 20, 2024
424B3
Prospectus Filed
Feb 20, 2024
424B5
Prospectus Filed
Feb 20, 2024
8-K
Current Report
Feb 20, 2024
S-3ASR
S-3ASR
Feb 20, 2024
S-3ASR
S-3ASR

Peers (Alternatives to Washington Real Estate Investment Trust)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
AMT
80.6B
11.1B
 -10.93% -13.71%
58.97
7.23
 4.04% -19.43%
CCI
40.9B
7.0B
 -7.55% -21.57%
27.25
5.86
 -0.07% -10.36%
AVB
27.2B
2.8B
 5.99% 11.94%
29.29
9.83
 6.73% -18.30%
ARE
19.9B
3.0B
 -5.56% -2.28%
103.23
6.73
 10.44% -74.28%
AMH
12.9B
1.6B
 0.42% 10.98%
29.97
8.06
 7.80% 39.39%
REG
10.9B
1.3B
 0.22% -0.72%
29.89
8.24
 8.04% -24.50%
BXP
9.7B
3.3B
 1.39% 20.98%
51.1
2.97
 5.31% -77.32%
MID-CAP
FRT
8.5B
1.1B
 3.80% 8.31%
35.91
7.52
 5.38% -38.52%
MAC
3.3B
884.1M
 -7.80% 63.34%
-12.11
3.75
 2.90% -314.82%
SLG
3.3B
899.4M
 0.34% 130.33%
-5.84
3.67
 -0.45% -623.11%
SMALL-CAP
AAT
1.3B
441.2M
 0.71% 18.73%
19.99
2.93
 4.38% 15.77%
AIV
1.2B
198.2M
 0.50% 5.01%
-7.34
5.71
 -43.33% -270.70%
MFA
1.1B
605.6M
 -7.13% 4.35%
13.43
1.78
 25.53% 134.62%
NYMT
636.8M
258.7M
 1.45% -29.99%
-13.09
2.46
 0.11% 83.70%
IVR
408.5M
277.9M
 -9.26% -18.00%
-25.76
1.47
 44.33% 96.06%

Washington Real Estate Investment Trust News

Latest updates
U.S News & World Report Money • 02 Apr 2024 • 07:00 am
9 of the Best REITs to Buy for 2024 | Investing | U.S. News
Washington Times • 15 Mar 2024 • 07:00 am
44% of flipped single-family home purchases were by private investors in 2023
Business Wire • 2 months ago
Easterly Government Properties Announces Quarterly Dividend
Yahoo Finance • 4 months ago
3 Office REITs With Yields Up To 27.35%
The Washington Post • 4 months ago
Understaffed and neglected: How real estate investors reshaped assisted living
The New York Times • 4 months ago
New Legislation Proposes to Take Wall Street Out of the Housing Market
MarketBeat • 9 months ago
Top 50 Real Estate Stocks
The Motley Fool • 10 months ago
Commercial Real Estate Investing Statistics 2023
Sure Dividend • 11 months ago
10 Best Apartment REITs To Buy Now For Income Investors
InvestorsObserver • 2 years ago
Where Will Washington Real Estate Investment Trust (WRE) Stock Go Next After It Has Risen 3.45% in a Week?

Washington Real Estate Investment Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue3.9%59.0057.0057.0056.0056.0055.0051.0048.0045.0042.0041.0041.0043.0044.0044.0046.0081.0080.0077.0071.0072.00
Cost Of Revenue----------------29.0031.0031.0028.0026.0024.00
Costs and Expenses-43.4%53.0093.0053.0053.0053.0054.0054.0050.0047.0044.0044.0039.0029.0042.0039.0065.00-23.3674.0067.0069.0060.00
Operating Expenses-------------------67.0075.00-
  S&GA Expenses-5.9%6.006.007.007.007.006.008.007.008.008.006.006.006.006.005.006.006.006.006.008.005.00
Interest Expenses26.5%9.007.007.007.007.007.006.006.006.008.0010.0010.009.009.009.0011.0012.0014.0015.0012.0012.00
Income Taxes----------------------
Net Income92.9%-3.10-43.62-2.61-3.64-3.53-10.74-8.87-7.72-6.8031.00-6.99-1.15-11.04-0.96-5.412.0054.003331.00-4.406.00
Net Income Margin2.2%-0.23*-0.24*-0.09*-0.12*-0.15*-0.17*0.04*0.06*0.10*0.07*-0.12*-0.11*---------
Free Cashflow46.8%23.0016.0030.0016.0022.0017.0025.009.0023.002.0027.0037.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.5%1,9001,9101,8381,8551,8731,8801,9351,8771,8761,8532,3682,3802,4102,5322,5432,6232,6282,6752,8182,4082,417
    Cash Equivalents-25.9%6.008.006.007.008.008.0045.001402343085.003.008.004.008.0021.0015.0013.006.0012.008.00
Liabilities1.1%7467376086096095986315515595561,0921,0811,0891,2251,2141,2641,2161,3511,8071,3701,349
Shareholder's Equity-1.6%1,1541,1731,2311,2461,2631,2811,3041,3251,3171,2961,2761,2991,3211,3071,3291,3581,4121,3241,0111,0381,068
  Retained Earnings--------------------521-498-469
  Additional Paid-In Capital0.1%1,7361,7351,7331,7321,7301,7291,7271,7261,6971,6571,6541,6521,6491,6011,5991,5961,5921,5401,5321,5301,527
Shares Outstanding0.0%88.0088.0088.0088.0088.0087.0087.0087.0085.0084.0084.0084.00---------
Minority Interest-0.7%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Float---1,429---1,844---2.00---1,812---2,125--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations46.8%22,85315,56629,96116,28921,75517,47725,3288,65122,7731,76127,38337,23928,75433,04222,32228,86039,64330,73732,96527,57846,495
  Share Based Compensation5.2%1,5071,4321,4111,1881,8311,9172,1582,0822,0752,7282,0861,6641,9732,1182,0051,7781,4781,7381,7012,8261,682
Cashflow From Investing86.7%-15,938-120,100-4,392-5,791-17,915-6,119-102,596-114,533-121,071841,436-9,995-8,20071,547-17,91832,473-20,34264,862463,388-453,775-13,439-47,740
Cashflow From Financing-108.0%-8,560107,276-26,659-11,819-3,861-48,256-16,30812,00924,116-540,825-14,938-33,749-96,440-19,296-67,429-2,034-104,263-487,022414,823-8,3862,723
  Dividend Payments-10.6%15,84017,71815,86014,91714,92314,91614,90914,61514,43625,47125,42325,39824,79524,800-49,485-24,08724,10948,165-

WRE Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue   
Revenue, type [Extensible Enumeration]Real Estate [Member]Real Estate [Member]Real Estate [Member]
Real estate rental revenue$ 227,911$ 209,380$ 169,151
Expenses   
Property operating and maintenance50,98547,38438,573
Real estate taxes and insurance28,84526,61722,209
Property management8,1087,4366,133
General and administrative25,88728,25827,538
Transformation costs6,3399,6866,635
Depreciation and amortization88,95091,72272,656
Real estate impairment41,86000
Total expenses250,974211,103173,744
Real estate operating loss(23,063)(1,723)(4,593)
Other income (expense)   
Interest expense(30,429)(24,940)(34,063)
Loss on interest rate derivatives00(5,866)
Loss on extinguishment of debt, net(54)(4,917)(12,727)
Other income5697124,109
Total other income (expense)(29,914)(29,145)(48,547)
Loss from continuing operations(52,977)(30,868)(53,140)
Discontinued operations:   
Income from operations of properties sold or held for sale0023,083
Gain on sale of real estate, net0046,441
Income from discontinued operations0069,524
Net (loss) income$ (52,977)$ (30,868)$ 16,384
Basic net (loss) income per share   
Continuing operations (in dollars per share)$ (0.61)$ (0.36)$ (0.63)
Discontinued operations (in dollars per share)000.82
Basic net (loss) income per share (in dollars per share)[1](0.61)(0.36)0.19
Diluted net (loss) income per share   
Continuing operations (in dollars per share)(0.61)(0.36)(0.63)
Discontinued operations (in dollars per share)000.82
Diluted net (loss) income per share (in dollars per share)[1]$ (0.61)$ (0.36)$ 0.19
Weighted average shares outstanding – basic (in shares)87,73587,38884,544
Weighted average shares outstanding – diluted (in shares)87,73587,38884,544
[1]Earnings per share may not sum due to rounding

WRE Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Land$ 384,097$ 373,171
Income producing property1,960,0201,897,835
Income producing property, at cost2,344,1172,271,006
Accumulated depreciation and amortization(528,024)(481,588)
Net income producing property1,816,0931,789,418
Properties under development or held for future development30,98031,260
Total real estate held for investment, net1,847,0731,820,678
Cash and cash equivalents5,9848,389
Restricted cash2,5541,463
Rents and other receivables17,64216,346
Prepaid expenses and other assets26,77525,730
Total assets1,900,0281,872,606
Liabilities  
Notes payable, net522,345497,359
Line of credit157,00055,000
Accounts payable and other liabilities38,99734,386
Dividend payable15,86314,934
Advance rents5,2481,578
Tenant security deposits6,2255,563
Total liabilities745,678608,820
Shareholders’ equity  
Preferred shares; $0.01 par value; 10,000 shares authorized; no shares issued or outstanding00
Shares of beneficial interest, $0.01 par value; 150,000 shares authorized: 87,867 and 87,534 shares issued and outstanding, as of December 31, 2023 and 2022, respectively879875
Additional paid in capital1,735,5301,729,854
Distributions in excess of net income(569,391)(453,008)
Accumulated other comprehensive loss(12,958)(14,233)
Total shareholders’ equity1,154,0601,263,488
Noncontrolling interests in subsidiaries290298
Total equity1,154,3501,263,786
Total liabilities and equity$ 1,900,028$ 1,872,606

About Washington Real Estate Investment Trust

WRE
0
 WEBSITEelmecommunities.com
 INDUSTRYREIT Mortgage

Washington Real Estate Investment Trust Frequently Asked Questions

What is the ticker symbol for Washington Real Estate Investment Trust? What does WRE stand for in stocks?

WRE is the stock ticker symbol of Washington Real Estate Investment Trust. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Washington Real Estate Investment Trust (WRE)?

As of Thu Apr 25 2024, market cap of Washington Real Estate Investment Trust is 1.32 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WRE stock?

You can check WRE's fair value in chart for subscribers.

What is the fair value of WRE stock?

You can check WRE's fair value in chart for subscribers. The fair value of Washington Real Estate Investment Trust is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Washington Real Estate Investment Trust is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WRE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Washington Real Estate Investment Trust a good stock to buy?

The fair value guage provides a quick view whether WRE is over valued or under valued. Whether Washington Real Estate Investment Trust is cheap or expensive depends on the assumptions which impact Washington Real Estate Investment Trust's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WRE.

What is Washington Real Estate Investment Trust's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, WRE's PE ratio (Price to Earnings) is -24.95 and Price to Sales (PS) ratio is 5.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WRE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Washington Real Estate Investment Trust's stock?

In the past 10 years, Washington Real Estate Investment Trust has provided -0.012 (multiply by 100 for percentage) rate of return.