Media stories about Washington Real Estate Investment Trust (NYSE:WRE) have been trending positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Washington Real Estate Investment Trust earned a news sentiment score of 0.34 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 46.0713029960108 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Washington Real Estate Investment Trust (WRE) opened at $26.03 on Friday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.05. The company has a market cap of $2,053.51, a price-to-earnings ratio of 100.12, a price-to-earnings-growth ratio of 14.06 and a beta of 0.78. Washington Real Estate Investment Trust has a twelve month low of $25.43 and a twelve month high of $33.96.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date of this dividend is Wednesday, March 14th. Washington Real Estate Investment Trust’s payout ratio is 461.56%.
A number of equities research analysts have commented on the stock. Zacks Investment Research cut shares of Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a report on Thursday, October 26th. Capital One Financial restated an “overweight” rating on shares of Washington Real Estate Investment Trust in a report on Monday, November 20th. Stifel Nicolaus restated a “sell” rating on shares of Washington Real Estate Investment Trust in a report on Friday, February 16th. SunTrust Banks set a $31.00 price target on shares of Washington Real Estate Investment Trust and gave the stock a “hold” rating in a report on Monday, January 22nd. Finally, TheStreet cut shares of Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $32.00.
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About Washington Real Estate Investment Trust
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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