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Washington Actual Property Funding Belief (NYSE:WRE – Get Ranking) – Funding analysts at Capital One Monetary lowered their Q3 2022 EPS estimates for Washington Actual Property Funding Belief in a word issued to traders on Thursday, August 18th. Capital One Monetary analyst C. Lucas now expects that the actual property funding belief will earn $0.23 per share for the quarter, down from their prior forecast of $0.24. The consensus estimate for Washington Actual Property Funding Belief’s present full-year earnings is $0.89 per share. Capital One Monetary additionally issued estimates for Washington Actual Property Funding Belief’s Q3 2023 earnings at $0.28 EPS, FY2023 earnings at $1.08 EPS, Q2 2024 earnings at $0.29 EPS and FY2024 earnings at $1.17 EPS.

Plenty of different fairness analysts have additionally just lately commented on the corporate. JPMorgan Chase & Co. lowered their goal worth on Washington Actual Property Funding Belief from $26.00 to $24.00 in a report on Tuesday, June 14th. TheStreet downgraded shares of Washington Actual Property Funding Belief from a “c-” ranking to a “d+” ranking in a analysis word on Wednesday, July sixth. Wells Fargo & Firm reduce their worth goal on shares of Washington Actual Property Funding Belief from $26.00 to $21.00 and set an “equal weight” ranking on the inventory in a report on Friday, July 1st. Lastly, StockNews.com raised Washington Actual Property Funding Belief from a “promote” ranking to a “maintain” ranking in a report on Monday, August fifteenth. Three equities analysis analysts have rated the inventory with a maintain ranking and one has given a purchase ranking to the inventory. In keeping with information from MarketBeat, the inventory presently has a median ranking of “Maintain” and a consensus worth goal of $24.25.

Washington Actual Property Funding Belief Inventory Efficiency

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Shares of Washington Actual Property Funding Belief inventory opened at $21.25 on Friday. Washington Actual Property Funding Belief has a 52 week low of $20.06 and a 52 week excessive of $26.79. The agency has a market cap of $1.86 billion, a PE ratio of 212.50 and a beta of 0.85. The enterprise’s fifty day easy transferring common is $21.38 and its 200-day easy transferring common is $23.26. The corporate has a fast ratio of 1.59, a present ratio of 1.59 and a debt-to-equity ratio of 0.44.

Institutional Inflows and Outflows

Institutional traders and hedge funds have just lately modified their holdings of the inventory. Qube Analysis & Applied sciences Ltd bought a brand new stake in Washington Actual Property Funding Belief throughout the fourth quarter value roughly $598,000. Daiwa Securities Group Inc. raised its stake in shares of Washington Actual Property Funding Belief by 9.6% throughout the fourth quarter. Daiwa Securities Group Inc. now owns 24,663 shares of the actual property funding belief’s inventory valued at $638,000 after buying a further 2,152 shares throughout the interval. Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. elevated its stake in shares of Washington Actual Property Funding Belief by 6.0% within the fourth quarter. Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. now owns 35,586 shares of the actual property funding belief’s inventory value $929,000 after shopping for a further 2,008 shares over the last quarter. M&T Financial institution Corp elevated its place in shares of Washington Actual Property Funding Belief by 6.4% within the 4th quarter. M&T Financial institution Corp now owns 16,476 shares of the actual property funding belief’s inventory value $427,000 after buying a further 993 shares over the last quarter. Lastly, SG Americas Securities LLC grew its stake in Washington Actual Property Funding Belief by 230.6% within the fourth quarter. SG Americas Securities LLC now owns 63,033 shares of the actual property funding belief’s inventory value $1,629,000 after buying a further 43,967 shares within the final quarter. Institutional traders and hedge funds personal 90.75% of the corporate’s inventory.

Washington Actual Property Funding Belief Proclaims Dividend

The corporate additionally just lately introduced a quarterly dividend, which will likely be paid on Wednesday, October fifth. Shareholders of document on Wednesday, September twenty first will likely be paid a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, September twentieth. This represents a $0.68 annualized dividend and a yield of three.20%. Washington Actual Property Funding Belief’s payout ratio is at the moment 680.00%.

Washington Actual Property Funding Belief Firm Profile

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WashREIT owns and operates uniquely positioned actual property property within the Washington Metro space. Backed by a long time of expertise, experience and ambition, we create worth by reworking insights into technique and technique into motion. As of October 29, 2020, the Firm’s portfolio of 45 properties contains roughly 3.7 million sq. ft of economic area and 6,863 multifamily condo items.

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Earnings History and Estimates for Washington Real Estate Investment Trust (NYSE:WRE)

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