Wheeler Real Estate Investment Trust Inc

Company Profile

Wheeler Real Estate Investment Trust Inc had its IPO on 2012-11-19 under the ticker symbol WHLR.

The company operates in the Real Estate sector and REIT-Retail industry. Wheeler Real Estate Investment Trust Inc has a staff strength of 47 employees.

Stock update

Shares of Wheeler Real Estate Investment Trust Inc opened at $1.45 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $1.45 - $1.45, and closed at $1.45.

This is a +1.3% increase from the previous day's closing price.

A total volume of 295 shares were traded at the close of the day’s session.

In the last one week, shares of Wheeler Real Estate Investment Trust Inc have slipped by -4.07%.

Wheeler Real Estate Investment Trust Inc's Key Ratios

Wheeler Real Estate Investment Trust Inc has a market cap of $13.91 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.2406.

In the last 12-months Wheeler Real Estate Investment Trust Inc’s revenue was $76.51 million with a gross profit of $50.78 million and an EBITDA of $40.22 million. The EBITDA ratio measures Wheeler Real Estate Investment Trust Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Wheeler Real Estate Investment Trust Inc’s operating margin was 29.74% while its return on assets stood at 2.47% with a return of equity of -6.81%.

In Q4, Wheeler Real Estate Investment Trust Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 73.6%.

Wheeler Real Estate Investment Trust Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-2.04 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Wheeler Real Estate Investment Trust Inc’s profitability.

Wheeler Real Estate Investment Trust Inc stock is trading at a EV to sales ratio of 7.9582 and a EV to EBITDA ratio of 14.4884. Its price to sales ratio in the trailing 12-months stood at 0.2406.

Wheeler Real Estate Investment Trust Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$684.54 million

Total Liabilities

$34.88 million

Operating Cash Flow

$0

Capital Expenditure

$179000

Dividend Payout Ratio

0%

Wheeler Real Estate Investment Trust Inc ended 2023 with $684.54 million in total assets and $0 in total liabilities. Its intangible assets were valued at $684.54 million while shareholder equity stood at $-15162000.00.

Wheeler Real Estate Investment Trust Inc ended 2023 with $0 in deferred long-term liabilities, $34.88 million in other current liabilities, 98000.00 in common stock, $-295617000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $28.49 million and cash and short-term investments were $589.47 million. The company’s total short-term debt was $16,478,000 while long-term debt stood at $466.03 million.

Wheeler Real Estate Investment Trust Inc’s total current assets stands at $603.02 million while long-term investments were $0 and short-term investments were $560.98 million. Its net receivables were $13.54 million compared to accounts payable of $18.40 million and inventory worth $0.

In 2023, Wheeler Real Estate Investment Trust Inc's operating cash flow was $0 while its capital expenditure stood at $179000.

Comparatively, Wheeler Real Estate Investment Trust Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.45

52-Week High

$3.37

52-Week Low

$1.13

Analyst Target Price

$7

Wheeler Real Estate Investment Trust Inc stock is currently trading at $1.45 per share. It touched a 52-week high of $3.37 and a 52-week low of $3.37. Analysts tracking the stock have a 12-month average target price of $7.

Its 50-day moving average was $1.58 and 200-day moving average was $1.82 The short ratio stood at 0.76 indicating a short percent outstanding of 0%.

Around 4162.8% of the company’s stock are held by insiders while 3324.1% are held by institutions.