NYSE
WRE

Washington Real Estate Investment

Equity Real Estate Investment Trusts (REITs)
Real Estate

Prices are adjusted according to historical splits.

Washington Real Estate Investment Stock Price

Vitals

Today's Low:
$17.2925
Today's High:
$17.7481
Open Price:
$17.2925
52W Low:
$15.9851
52W High:
$19.8577
Prev. Close:
$16.9756
Volume:
852631

Company Statistics

Market Cap.:
$1.54 billion
Book Value:
14.919
Revenue TTM:
$186.43 million
Operating Margin TTM:
-1.01%
Gross Profit TTM:
$102.24 million
Profit Margin:
4.25%
Return on Assets TTM:
-0.06%
Return on Equity TTM:
-3.54%

Company Profile

Washington Real Estate Investment had its IPO on 1992-03-17 under the ticker symbol WRE.

The company operates in the Real Estate sector and Equity Real Estate Investment Trusts (REITs) industry. Washington Real Estate Investment has a staff strength of 53 employees.

Stock update

Shares of Washington Real Estate Investment opened at $17.29 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $17.29 - $17.75, and closed at $17.7.

This is a +4.26% increase from the previous day's closing price.

A total volume of 852,631 shares were traded at the close of the day’s session.

In the last one week, shares of Washington Real Estate Investment have increased by +8.11%.

Washington Real Estate Investment's Key Ratios

Washington Real Estate Investment has a market cap of $1.54 billion, indicating a price to book ratio of 1.2 and a price to sales ratio of 8.2372.

In the last 12-months Washington Real Estate Investment’s revenue was $186.43 million with a gross profit of $102.24 million and an EBITDA of $82.71 million. The EBITDA ratio measures Washington Real Estate Investment's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Washington Real Estate Investment’s operating margin was -1.01% while its return on assets stood at -0.06% with a return of equity of -3.54%.

In Q3, Washington Real Estate Investment’s quarterly earnings growth was a positive 5692.5% while revenue growth was a positive 24.4%.

Washington Real Estate Investment’s PE and PEG Ratio

Forward PE
0
Trailing PE
158.2883
PEG
23.8

Its diluted EPS in the last 12-months stands at $0.111 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 23.8. 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 Washington Real Estate Investment’s profitability.

Washington Real Estate Investment stock is trading at a EV to sales ratio of 11.2021 and a EV to EBITDA ratio of 32.3943. Its price to sales ratio in the trailing 12-months stood at 8.2372.

Washington Real Estate Investment stock pays annual dividends of $0.68 per share, indicating a yield of 3.87% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$1.88 billion
Total Liabilities
$95.63 million
Operating Cash Flow
$-6119000.00
Capital Expenditure
$7.66 million
Dividend Payout Ratio
0%

Washington Real Estate Investment ended 2024 with $1.88 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.88 billion while shareholder equity stood at $1.28 billion.

Washington Real Estate Investment ended 2024 with $0 in deferred long-term liabilities, $95.63 million in other current liabilities, 875000.00 in common stock, $-434539000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $8.44 million and cash and short-term investments were $8.44 million. The company’s total short-term debt was $43,000,000 while long-term debt stood at $497.25 million.

Washington Real Estate Investment’s total current assets stands at $54.19 million while long-term investments were $1.83 billion and short-term investments were $0. Its net receivables were $16.09 million compared to accounts payable of $36.22 million and inventory worth $0.

In 2024, Washington Real Estate Investment's operating cash flow was $-6119000.00 while its capital expenditure stood at $7.66 million.

Comparatively, Washington Real Estate Investment paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$17.7
52-Week High
$19.8577
52-Week Low
$15.9851
Analyst Target Price
$25.7

Washington Real Estate Investment stock is currently trading at $17.7 per share. It touched a 52-week high of $19.8577 and a 52-week low of $19.8577. Analysts tracking the stock have a 12-month average target price of $25.7.

Its 50-day moving average was $19.08 and 200-day moving average was $22.07 The short ratio stood at 5.29 indicating a short percent outstanding of 0%.

Around 118.2% of the company’s stock are held by insiders while 9655.8% are held by institutions.

Frequently Asked Questions About Washington Real Estate Investment

The stock symbol (also called stock or share ticker) of Washington Real Estate Investment is WRE

The IPO of Washington Real Estate Investment took place on 1992-03-17

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About

Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company’s portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation’s most competitive real estate markets.

Address

1775 Eye Street, NW, Washington, DC, United States, 20006