Q1 2018 Earnings Estimate for Washington Real Estate Investment Trust (WRE) Issued By Capital One Financial

Washington Real Estate Investment Trust (NYSE:WRE) – Research analysts at Capital One Financial lowered their Q1 2018 earnings estimates for Washington Real Estate Investment Trust in a report released on Monday, according to Zacks Investment Research. Capital One Financial analyst C. Lucas now anticipates that the real estate investment trust will post earnings of $0.44 per share for the quarter, down from their previous forecast of $0.45. Capital One Financial has a “Overweight” rating on the stock. Capital One Financial also issued estimates for Washington Real Estate Investment Trust’s Q4 2018 earnings at $0.47 EPS, FY2018 earnings at $1.85 EPS and FY2019 earnings at $1.91 EPS.

A number of other research analysts have also commented on WRE. Stifel Nicolaus reissued a “hold” rating and set a $33.00 price objective on shares of Washington Real Estate Investment Trust in a report on Thursday, September 21st. Zacks Investment Research raised Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a report on Thursday, October 5th. SunTrust Banks set a $33.00 price objective on Washington Real Estate Investment Trust and gave the company a “hold” rating in a report on Friday, October 27th. Robert W. Baird reissued an “outperform” rating and set a $34.00 price objective on shares of Washington Real Estate Investment Trust in a report on Tuesday, October 31st. Finally, TheStreet lowered Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $34.75.

Shares of Washington Real Estate Investment Trust (NYSE WRE) traded down $0.19 during midday trading on Wednesday, hitting $31.35. The stock had a trading volume of 638,772 shares, compared to its average volume of 366,142. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a market cap of $2,493.62, a price-to-earnings ratio of 17.56, a price-to-earnings-growth ratio of 17.49 and a beta of 0.94. Washington Real Estate Investment Trust has a fifty-two week low of $29.90 and a fifty-two week high of $33.96.

A number of large investors have recently made changes to their positions in the stock. HighTower Advisors LLC boosted its stake in Washington Real Estate Investment Trust by 1.0% during the 2nd quarter. HighTower Advisors LLC now owns 20,736 shares of the real estate investment trust’s stock valued at $662,000 after purchasing an additional 203 shares during the period. Neuberger Berman Group LLC boosted its stake in Washington Real Estate Investment Trust by 2.6% during the 2nd quarter. Neuberger Berman Group LLC now owns 8,253 shares of the real estate investment trust’s stock valued at $263,000 after purchasing an additional 208 shares during the period. GAM Holding AG boosted its stake in Washington Real Estate Investment Trust by 5.0% during the 2nd quarter. GAM Holding AG now owns 6,535 shares of the real estate investment trust’s stock valued at $208,000 after purchasing an additional 313 shares during the period. ETRADE Capital Management LLC boosted its stake in Washington Real Estate Investment Trust by 4.1% during the 2nd quarter. ETRADE Capital Management LLC now owns 9,160 shares of the real estate investment trust’s stock valued at $292,000 after purchasing an additional 357 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its stake in Washington Real Estate Investment Trust by 6.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,781 shares of the real estate investment trust’s stock valued at $216,000 after purchasing an additional 437 shares during the period. Hedge funds and other institutional investors own 85.55% of the company’s stock.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Wednesday, December 20th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, December 19th. This represents a $1.20 annualized dividend and a yield of 3.83%. Washington Real Estate Investment Trust’s payout ratio is 400.00%.

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Washington Real Estate Investment Trust Company Profile

Washington Real Estate Investment Trust is a self-administered equity real estate investment trust. The Company’s business consists of the ownership and operation of real property in the greater Washington metro region. The Company owns a diversified portfolio of office buildings, multifamily buildings and retail centers.

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

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