Washington Real Estate Investment Trust (NYSE:WRE) will announce its earnings results after the market closes on Thursday, July 27th. Analysts expect the company to announce earnings of $0.11 per share for the quarter.

Washington Real Estate Investment Trust (NYSE:WRE) last announced its earnings results on Wednesday, April 26th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.01. The business had revenue of $77.50 million for the quarter, compared to analysts’ expectations of $77.54 million. Washington Real Estate Investment Trust had a return on equity of 11.93% and a net margin of 39.41%. On average, analysts expect Washington Real Estate Investment Trust to post $0.42 EPS for the current fiscal year and $0.51 EPS for the next fiscal year.

Washington Real Estate Investment Trust (NYSE:WRE) opened at 32.52 on Thursday. Washington Real Estate Investment Trust has a 12 month low of $27.65 and a 12 month high of $34.61. The stock has a market capitalization of $2.50 billion, a PE ratio of 19.46 and a beta of 0.95. The firm has a 50-day moving average price of $32.27 and a 200 day moving average price of $32.00.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Thursday, June 15th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date of this dividend was Tuesday, June 13th. Washington Real Estate Investment Trust’s dividend payout ratio is presently 71.86%.

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A number of brokerages have recently weighed in on WRE. Robert W. Baird raised Washington Real Estate Investment Trust from a “neutral” rating to an “outperform” rating and set a $34.00 price objective on the stock in a report on Tuesday, May 16th. Zacks Investment Research downgraded Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research note on Wednesday. BidaskClub downgraded Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $33.00 target price on shares of Washington Real Estate Investment Trust in a research note on Friday, July 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Washington Real Estate Investment Trust currently has an average rating of “Hold” and an average target price of $33.92.

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.

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

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