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

16.08USD0.00 (0.00%)Delayed

Market Summary

USD16.080.00

Delayed

0.00%

WRE Alerts

Losses in recent quarter

WRE Stock Price

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WRE RSI Chart

WRE Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

-26.71

Price/Sales (Trailing)

6.11

Price/Free Cashflow

15.79

WRE Price/Sales (Trailing)

WRE Profitability

Operating Margin

49.02%

Return on Equity

-4.66%

Return on Assets

-2.82%

Free Cashflow Yield

6.33%

WRE Fundamentals

WRE Revenue

Revenue (TTM)

231.6M

Rev. Growth (Yr)

6.64%

Rev. Growth (Qtr)

1.12%

WRE Earnings

Earnings (TTM)

-53.0M

Earnings Growth (Yr)

-0.11%

Earnings Growth (Qtr)

-17.46%

Breaking Down WRE Revenue

Last 7 days

2.4%

Last 30 days

10.6%

Last 90 days

14.0%

Trailing 12 Months

-31.4%

How does WRE drawdown profile look like?

WRE Financial Health

WRE Investor Care

Dividend Yield

4.48%

Dividend/Share (TTM)

0.72

Shares Dilution (1Y)

0.32%

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

Year	Q1	Q2	Q3	Q4
2024	231.6M	0	0	0
2023	217.4M	222.6M	224.7M	227.9M
2022	176.3M	186.4M	198.5M	209.4M
2021	170.9M	168.4M	167.2M	169.2M
2020	283.5M	250.4M	213.9M	176.0M
2019	289.5M	291.0M	300.3M	309.2M
2018	321.2M	313.1M	301.3M	291.7M
2017	313.6M	317.7M	320.7M	325.1M
2016	308.7M	313.9M	315.4M	313.3M
2015	294.9M	296.9M	301.7M	306.4M
2014	267.1M	273.4M	281.0M	288.6M
2013	269.3M	259.6M	261.0M	263.0M
2012	284.3M	296.8M	290.7M	279.9M
2011	257.1M	256.1M	261.6M	271.6M
2010	244.0M	232.5M	222.5M	258.5M
2009	0	264.7M	260.6M	256.5M
2008	0	0	0	268.7M

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 ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	-

Which funds bought or sold WRE recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.18	-129,812	1,222,760	-%
May 16, 2024	B. Riley Wealth Advisors, Inc.	reduced	-1.18	-45,515	553,176	0.01%
May 16, 2024	Colony Group, LLC	reduced	-4.71	-34,000	338,000	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-79.7	-627,403	150,601	-%
May 15, 2024	CAXTON ASSOCIATES LP	added	85.11	251,570	580,450	0.03%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-29.28	-1,833,680	3,796,120	-%
May 15, 2024	Schonfeld Strategic Advisors LLC	sold off	-100	-617,580	-	-%
May 15, 2024	Voya Investment Management LLC	reduced	-17.06	-109,560	413,981	-%
May 15, 2024	Steward Partners Investment Advisory, LLC	added	0.81	-1,400	34,478	-%
May 15, 2024	Kestra Advisory Services, LLC	sold off	-100	-1,440,000	-	-%

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

WRE Alerts

Losses in recent quarter

Unveiling Washington Real Estate Investment Trust's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 02, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
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	S-3ASR	S-3ASR
Feb 20, 2024	424B3	Prospectus Filed
Feb 20, 2024	424B5	Prospectus Filed

Peers (Alternatives to Washington Real Estate Investment Trust)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	90.9B	11.2B	13.13%	1.87%	46.04	8.11	3.63%	50.79%
CCI	44.7B	6.8B	10.57%	-9.74%	32.06	6.53	-2.39%	-16.60%
AVB	28.3B	2.8B	9.91%	13.04%	29.6	10.08	5.72%	-6.47%
ARE	21.7B	3.0B	6.63%	6.21%	110.61	7.35	10.44%	-73.79%
AMH	13.5B	-	6.12%	9.11%	31.9	8.3	8.93%	11.87%
REG	11.3B	1.4B	6.30%	4.57%	30.12	8.22	10.48%	-2.93%
BXP	9.9B	3.3B	9.08%	28.09%	51.64	3	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	5.40%	14.57%	35.59	7.38	5.48%	-38.69%
SLG	3.4B	892.3M	6.62%	140.10%	-6.71	3.85	-5.33%	-307.54%
MAC	3.4B	878.0M	1.11%	67.10%	-9.8	3.82	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	12.17%	21.82%	20.36	3.15	3.54%	8.91%
AIV	1.2B	198.2M	6.70%	-0.84%	-7.55	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.51%	2.13%	36.77	1.73	27.93%	140.31%
NYMT	572.0M	285.4M	-8.06%	-36.92%	-4.15	2	11.05%	83.70%
IVR	459.4M	277.2M	15.74%	-12.95%	-56.03	1.66	25.89%	94.64%

Washington Real Estate Investment Trust News

Latest updates

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

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.1%	60.00	59.00	57.00	57.00	56.00	56.00	55.00	51.00	48.00	45.00	42.00	41.00	41.00	43.00	44.00	44.00	46.00	81.00	80.00	77.00	71.00
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29.00	31.00	31.00	28.00	26.00
Costs and Expenses	4.8%	55.00	53.00	93.00	53.00	53.00	53.00	54.00	54.00	50.00	47.00	44.00	44.00	39.00	29.00	42.00	39.00	65.00	-23.36	74.00	67.00	69.00
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	67.00	75.00
S&GA Expenses	-100.0%	-	6.00	6.00	7.00	7.00	7.00	6.00	8.00	7.00	8.00	8.00	6.00	6.00	6.00	6.00	5.00	6.00	6.00	6.00	6.00	8.00
Interest Expenses	1.2%	9.00	9.00	7.00	7.00	7.00	7.00	7.00	6.00	6.00	6.00	8.00	10.00	10.00	9.00	9.00	9.00	11.00	12.00	14.00	15.00	12.00
Net Income	-17.5%	-3.65	-3.10	-43.62	-2.61	-3.64	-3.53	-10.74	-8.87	-7.72	-6.80	31.00	-6.99	-1.15	-11.04	-0.96	-5.41	2.00	54.00	333	1.00	-4.40
Net Income Margin	1.6%	-0.23*	-0.23*	-0.24*	-0.09*	-0.12*	-0.15*	-0.17*	0.04*	0.06*	0.10*	0.07*	-0.12*	-	-	-	-	-	-	-	-	-
Free Cashflow	-7.2%	21.00	23.00	16.00	30.00	16.00	22.00	17.00	25.00	9.00	23.00	2.00	27.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.2%	1,877	1,900	1,910	1,838	1,855	1,873	1,880	1,935	1,877	1,876	1,853	2,368	2,380	2,410	2,532	2,543	2,623	2,628	2,675	2,818	2,408
Cash Equivalents	15.4%	7.00	6.00	8.00	6.00	7.00	8.00	8.00	45.00	140	234	308	5.00	3.00	8.00	4.00	8.00	21.00	15.00	13.00	6.00	12.00
Liabilities	-0.7%	740	746	737	608	609	609	598	631	551	559	556	1,092	1,081	1,089	1,225	1,214	1,264	1,216	1,351	1,807	1,370
Shareholder's Equity	-1.5%	1,136	1,154	1,173	1,231	1,246	1,263	1,281	1,304	1,325	1,317	1,296	1,276	1,299	1,321	1,307	1,329	1,358	1,412	1,324	1,011	1,038
Retained Earnings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-521	-498
Additional Paid-In Capital	0.1%	1,737	1,736	1,735	1,733	1,732	1,730	1,729	1,727	1,726	1,697	1,657	1,654	1,652	1,649	1,601	1,599	1,596	1,592	1,540	1,532	1,530
Shares Outstanding	0.2%	88.00	88.00	88.00	88.00	88.00	88.00	87.00	87.00	87.00	85.00	84.00	84.00	-	-	-	-	-	-	-	-	-
Minority Interest	-0.7%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Float	-	-	-	-	1,429	-	-	-	1,844	-	-	-	2.00	-	-	-	1,812	-	-	-	2,125	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-7.2%	21,216	22,853	15,566	29,961	16,289	21,755	17,477	25,328	8,651	22,773	1,761	27,383	37,239	28,754	33,042	22,322	28,860	39,643	30,737	32,965	27,578
Share Based Compensation	-27.7%	1,090	1,507	1,432	1,411	1,188	1,831	1,917	2,158	2,082	2,075	2,728	2,086	1,664	1,973	2,118	2,005	1,778	1,478	1,738	1,701	2,826
Cashflow From Investing	38.8%	-9,760	-15,938	-120,100	-4,392	-5,791	-17,915	-6,119	-102,596	-114,533	-121,071	841,436	-9,995	-8,200	71,547	-17,918	32,473	-20,342	64,862	463,388	-453,775	-13,439
Cashflow From Financing	-52.9%	-13,091	-8,560	107,276	-26,659	-11,819	-3,861	-48,256	-16,308	12,009	24,116	-540,825	-14,938	-33,749	-96,440	-19,296	-67,429	-2,034	-104,263	-487,022	414,823	-8,386
Dividend Payments	-100.0%	-	15,840	17,718	15,860	14,917	14,923	14,916	14,909	14,615	14,436	25,471	25,423	25,398	24,795	24,800	-	49,485	-	24,087	24,109	48,165

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WRE Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue
Revenue, type [Extensible Enumeration]	Real Estate [Member]	Real Estate [Member]
Real estate rental revenue	$ 59,513	$ 55,809
Expenses
Property operating and maintenance	13,464	12,339
Real estate taxes and insurance	8,255	7,182
Property management	2,218	1,769
General and administrative	6,196	6,841
Transformation costs	0	2,900
Depreciation and amortization	24,943	21,536
Total expenses	55,076	52,567
Real estate operating income	4,437	3,242
Other income (expense)
Interest expense	(9,494)	(6,831)
Loss on extinguishment of debt	0	(54)
Other income	1,410	0
Total other income (expense)	(8,084)	(6,885)
Net loss	$ (3,647)	$ (3,643)
Basic net loss per common share (in dollars per share)	$ (0.04)	$ (0.04)
Diluted net loss per common share (in dollars per share)	$ (0.04)	$ (0.04)
Weighted average shares outstanding - basic (in shares)	87,885	87,649
Weighted average shares outstanding - diluted (in shares)	87,885	87,649

WRE Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Land	$ 383,808	$ 384,097
Income producing property	1,966,412	1,960,020
Income producing property, at cost	2,350,220	2,344,117
Accumulated depreciation and amortization	(550,421)	(528,024)
Net income producing property	1,799,799	1,816,093
Properties under development or held for future development	30,980	30,980
Total real estate held for investment, net	1,830,779	1,847,073
Cash and cash equivalents	4,199	5,984
Restricted cash	2,704	2,554
Rents and other receivables	12,886	17,642
Prepaid expenses and other assets	25,971	26,775
Total assets	1,876,539	1,900,028
Liabilities
Notes payable, net	522,539	522,345
Line of credit	160,000	157,000
Accounts payable and other liabilities	31,112	38,997
Dividend payable	15,888	15,863
Advance rents	4,361	5,248
Tenant security deposits	6,235	6,225
Total liabilities	740,135	745,678
Shareholders’ equity
Preferred shares; $0.01 par value; 10,000 shares authorized; no shares issued or outstanding	0	0
Shares of beneficial interest, $0.01 par value; 150,000 shares authorized; 88,003 and 87,867 shares issued and outstanding, as of March 31, 2024 and December 31, 2023, respectively	880	879
Additional paid in capital	1,736,524	1,735,530
Distributions in excess of net income	(588,923)	(569,391)
Accumulated other comprehensive loss	(12,365)	(12,958)
Total shareholders’ equity	1,136,116	1,154,060
Noncontrolling interests in subsidiaries	288	290
Total equity	1,136,404	1,154,350
Total liabilities and equity	$ 1,876,539	$ 1,900,028

About Washington Real Estate Investment Trust

WEBSITE	elmecommunities.com
INDUSTRY	REIT 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 Fri May 17 2024, market cap of Washington Real Estate Investment Trust is 1.42 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 Fri May 17 2024, WRE's PE ratio (Price to Earnings) is -26.71 and Price to Sales (PS) ratio is 6.11. 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 -0.006 (multiply by 100 for percentage) rate of return.