Weingarten Realty Investors (NYSE:WRI) – Capital One Financial Corporation increased their Q4 2017 EPS estimates for shares of Weingarten Realty Investors in a report released on Tuesday. Capital One Financial Corporation analyst C. Lucas now anticipates that the real estate investment trust will post earnings per share of $0.62 for the quarter, up from their previous forecast of $0.61. Capital One Financial Corporation also issued estimates for Weingarten Realty Investors’ Q1 2018 earnings at $0.59 EPS, Q2 2018 earnings at $0.62 EPS, Q4 2018 earnings at $0.65 EPS and FY2018 earnings at $2.49 EPS.

Weingarten Realty Investors (NYSE:WRI) last issued its quarterly earnings data on Monday, April 24th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.01. Weingarten Realty Investors had a return on equity of 9.53% and a net margin of 29.16%. The business had revenue of $140.82 million for the quarter, compared to analysts’ expectations of $140.08 million. During the same period last year, the business earned $0.57 EPS.

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A number of other brokerages also recently issued reports on WRI. Robert W. Baird assumed coverage on Weingarten Realty Investors in a report on Thursday, April 20th. They set an “outperform” rating and a $41.00 price target on the stock. Jefferies Group LLC reissued a “hold” rating and issued a $37.00 target price on shares of Weingarten Realty Investors in a report on Monday, April 24th. TheStreet downgraded Weingarten Realty Investors from a “b” rating to a “c+” rating in a report on Monday, April 24th. BidaskClub raised Weingarten Realty Investors from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Finally, Boenning Scattergood downgraded Weingarten Realty Investors from a “neutral” rating to an “underperform” rating in a research note on Monday, May 15th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $40.60.

Shares of Weingarten Realty Investors (NYSE:WRI) traded up 2.1834% during trading on Thursday, reaching $32.5965. The company’s stock had a trading volume of 344,720 shares. The stock’s 50 day moving average is $30.62 and its 200 day moving average is $32.99. The firm has a market cap of $4.18 billion, a P/E ratio of 25.6262 and a beta of 0.71. Weingarten Realty Investors has a one year low of $29.03 and a one year high of $43.70.

Several large investors have recently modified their holdings of WRI. Vanguard Group Inc. raised its stake in shares of Weingarten Realty Investors by 3.2% in the first quarter. Vanguard Group Inc. now owns 19,365,185 shares of the real estate investment trust’s stock worth $646,604,000 after buying an additional 597,565 shares in the last quarter. BlackRock Inc. raised its stake in shares of Weingarten Realty Investors by 3,391.0% in the first quarter. BlackRock Inc. now owns 18,486,399 shares of the real estate investment trust’s stock worth $617,261,000 after buying an additional 17,956,849 shares in the last quarter. State Street Corp raised its stake in shares of Weingarten Realty Investors by 1.6% in the first quarter. State Street Corp now owns 5,255,457 shares of the real estate investment trust’s stock worth $175,474,000 after buying an additional 84,123 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Weingarten Realty Investors by 0.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,645,166 shares of the real estate investment trust’s stock worth $54,931,000 after buying an additional 10,141 shares in the last quarter. Finally, Hermes Investment Management Ltd. raised its stake in shares of Weingarten Realty Investors by 1.6% in the first quarter. Hermes Investment Management Ltd. now owns 1,286,369 shares of the real estate investment trust’s stock worth $42,952,000 after buying an additional 20,004 shares in the last quarter. 80.00% of the stock is owned by hedge funds and other institutional investors.

About Weingarten Realty Investors

Weingarten Realty Investors is a real estate investment trust (REIT). The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. The Company also provides property management services. The Company is in the business of owning, managing and developing retail shopping centers.

Earnings History and Estimates for Weingarten Realty Investors (NYSE:WRI)

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