Wilkes Jackson Graham Acquires 18,108 Shares of Wheeler Real Estate Investment Trust Inc. (WHLR) Stock
Wheeler Real Estate Investment Trust Inc. (NASDAQ:WHLR) CFO Wilkes Jackson Graham purchased 18,108 shares of the stock in a transaction on Monday, September 19th. The shares were acquired at an average cost of $1.73 per share, for a total transaction of $31,326.84. Following the transaction, the chief financial officer now owns 16,892 shares of the company’s stock, valued at $29,223.16. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Wheeler Real Estate Investment Trust Inc. (NASDAQ:WHLR) opened at 1.75 on Wednesday. The company’s market cap is $118.81 million. The stock’s 50 day moving average price is $1.76 and its 200-day moving average price is $1.54. Wheeler Real Estate Investment Trust Inc. has a one year low of $1.10 and a one year high of $2.03.
Wheeler Real Estate Investment Trust (NASDAQ:WHLR) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $0.04 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.04. Wheeler Real Estate Investment Trust had a negative net margin of 40.49% and a negative return on equity of 20.65%. On average, analysts expect that Wheeler Real Estate Investment Trust Inc. will post $0.16 EPS for the current year.
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The business also recently disclosed a dividend, which will be paid on Friday, September 30th. Stockholders of record on Wednesday, August 31st will be given a dividend of $0.0175 per share. The ex-dividend date of this dividend is Monday, August 29th. Wheeler Real Estate Investment Trust’s dividend payout ratio (DPR) is presently -42.00%.
Separately, JMP Securities downgraded Wheeler Real Estate Investment Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, August 22nd.
Wheeler Real Estate Investment Trust Company Profile
Wheeler Real Estate Investment Trust, Inc is a self-managed commercial real estate investment company. The Company was formed for acquiring, financing, developing, leasing, owning and managing strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties.
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