Call: 0909 8869 228 | Email: | Accredited by NIESV

Washington Real Estate Investment Trust

Washington Real Estate Investment Trust (NYSE:WRE) announced a quarterly dividend on Friday, July 24th, Marketbeat reports. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.30 per share by the real estate investment trust on Wednesday, September 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date of this dividend is Friday, September 11th.

Shares of Washington Real Estate Investment Trust (NYSE:WRE) opened at 23.93 on Friday. The company has a market cap of $1.63 billion and a price-to-earnings ratio of 49.34. The stock has a 50 day moving average price of $26.13 and a 200-day moving average price of $26.32. Washington Real Estate Investment Trust has a 1-year low of $23.78 and a 1-year high of $30.15.

Washington Real Estate Investment Trust (NYSE:WRE) last released its earnings results on Thursday, July 23rd. The real estate investment trust reported $0.42 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.42. The firm had revenue of $74.23 million for the quarter, compared to analysts’ expectations of $75.35 million. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS. Equities research analysts forecast that Washington Real Estate Investment Trust will post $1.67 earnings per share for the current year.

Washington Real Estate Investment Trust (NYSE:WRE), is a self-administered, self-managed, equity real estate investment trust (REIT). WRIT’s business consists of the ownership and operation of income-producing real property in the greater Washington metro region. It owns a diversified portfolio of office buildings, medical office buildings, multifamily buildings and retail centers. As of December 31, 2013, it owned a diversified portfolio of 56 properties, totaling approximately 7.4 million square feet of commercial space and 2,674 residential units, and land held for development. These 56 properties consist of 23 office properties, 5 medical office properties, 16 retail centers and 12 multifamily properties. In February 2014, the Company announced that it has acquired Yale West, a Class A, 216 unit apartment building in the Mount Vernon Triangle neighborhood of Washington, D.C.

Source: Financial Wisdom

0 responses on "Washington Real Estate Investment Trust"

Leave a Message

Your email address will not be published. Required fields are marked *

© 2019 School of Estate. All rights reserved. Designed by CMS
× How can I help you?
%d bloggers like this: