Winthrop Realty Trust Lifted to “Neutral” at Zacks (FUR)
Winthrop Realty Trust (NYSE:FUR) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Tuesday. The firm currently has a $15.70 target price on the stock. Zacks‘s target price would suggest a potential upside of 2.28% from the stock’s previous close.
Shares of Winthrop Realty Trust (NYSE:FUR) traded down 0.13% during mid-day trading on Tuesday, hitting $15.33. 74,358 shares of the company’s stock traded hands. Winthrop Realty Trust has a 52 week low of $10.77 and a 52 week high of $15.58. The stock’s 50-day moving average is $15.2 and its 200-day moving average is $13.45. The company has a market cap of $549.2 million and a P/E ratio of 120.87.
Winthrop Realty Trust (NYSE:FUR) last released its earnings data on Thursday, August 7th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.30. The company had revenue of $22.90 million for the quarter, compared to the consensus estimate of $19.40 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 37.1% on a year-over-year basis. On average, analysts predict that Winthrop Realty Trust will post $1.15 EPS for the current fiscal year.
Winthrop Realty Trust (NYSE:FUR) is a diversified real estate investment trust (REIT).
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