Wheeler Real Estate Investment Trust Inc (NASDAQ:whlr) announced a dividend on Monday, March 20th. Investors of record on Friday, March 31st will be given a dividend of 0.018 per share on Friday, April 28th. The ex-dividend date of this dividend is Wednesday, March 29th.

Shares of Wheeler Real Estate Investment Trust (NASDAQ:WHLR) opened at 1.72 on Tuesday. The stock’s market capitalization is $117.26 million. Wheeler Real Estate Investment Trust has a 52-week low of $1.10 and a 52-week high of $1.95. The company has a 50 day moving average of $1.72 and a 200 day moving average of $1.70. Shares of Wheeler Real Estate Investment Trust are scheduled to reverse split on Monday, April 3rd. The 1-8 reverse split was announced on Monday, February 27th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, March 31st.

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) last posted its earnings results on Monday, February 27th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by $0.03. Wheeler Real Estate Investment Trust had a negative net margin of 23.24% and a negative return on equity of 15.48%. Analysts predict that Wheeler Real Estate Investment Trust will post ($0.12) EPS for the current fiscal year.

Dividend History for Wheeler Real Estate Investment Trust (NASDAQ:whlr)

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WHLR has been the topic of a number of recent research reports. JMP Securities upgraded Wheeler Real Estate Investment Trust from a “market perform” rating to an “outperform” rating and set a $2.50 target price on the stock in a research note on Monday, January 9th. Wunderlich initiated coverage on Wheeler Real Estate Investment Trust in a research note on Friday, January 27th. They issued a “buy” rating and a $2.25 target price on the stock. They noted that the move was a valuation call. TheStreet upgraded Wheeler Real Estate Investment Trust from a “d+” rating to a “c-” rating in a research note on Tuesday, February 14th. Finally, Maxim Group reissued a “buy” rating and set a $2.25 price target (up from $2.00) on shares of Wheeler Real Estate Investment Trust in a report on Wednesday, March 1st.

About Wheeler Real Estate Investment Trust

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.

5 Day Chart for NASDAQ:WHLR

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