Washington Real Estate Investment Trust (NYSE:WRE) – Investment analysts at Capital One Financial Corporation reduced their Q1 2018 earnings per share (EPS) estimates for shares of Washington Real Estate Investment Trust in a note issued to investors on Monday. Capital One Financial Corporation analyst C. Lucas now expects that the real estate investment trust will post earnings of $0.44 per share for the quarter, down from their previous forecast of $0.45. Capital One Financial Corporation has a “Overweight” rating on the stock. Capital One Financial Corporation also issued estimates for Washington Real Estate Investment Trust’s Q4 2018 earnings at $0.47 EPS, FY2018 earnings at $1.85 EPS and FY2019 earnings at $1.91 EPS.

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A number of other research firms also recently issued reports on WRE. BidaskClub upgraded Washington Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research upgraded Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. TheStreet downgraded Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a research note on Friday, November 3rd. SunTrust Banks, Inc. set a $33.00 price objective on Washington Real Estate Investment Trust and gave the company a “hold” rating in a research note on Friday, October 27th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $33.00 price objective on shares of Washington Real Estate Investment Trust in a research note on Thursday, September 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. Washington Real Estate Investment Trust has an average rating of “Hold” and an average price target of $34.36.

Shares of Washington Real Estate Investment Trust (NYSE:WRE) opened at $32.65 on Wednesday. The stock has a market capitalization of $2,541.48, a PE ratio of 17.90, a price-to-earnings-growth ratio of 17.80 and a beta of 0.95. Washington Real Estate Investment Trust has a 52 week low of $29.90 and a 52 week high of $33.96. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.30 and a current ratio of 1.30.

Institutional investors and hedge funds have recently modified their holdings of the company. Chicago Partners Investment Group LLC purchased a new stake in shares of Washington Real Estate Investment Trust during the 2nd quarter worth approximately $163,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Washington Real Estate Investment Trust by 10.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,043 shares of the real estate investment trust’s stock worth $193,000 after acquiring an additional 570 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Washington Real Estate Investment Trust during the 2nd quarter worth approximately $203,000. Teacher Retirement System of Texas purchased a new stake in shares of Washington Real Estate Investment Trust during the 3rd quarter worth approximately $206,000. Finally, GAM Holding AG raised its holdings in shares of Washington Real Estate Investment Trust by 5.0% during the 2nd quarter. GAM Holding AG now owns 6,535 shares of the real estate investment trust’s stock worth $208,000 after acquiring an additional 313 shares in the last quarter. 86.17% of the stock is currently owned by institutional investors and hedge funds.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Wednesday, December 20th will be issued a $0.30 dividend. The ex-dividend date is Tuesday, December 19th. This represents a $1.20 dividend on an annualized basis and a yield of 3.68%. Washington Real Estate Investment Trust’s dividend payout ratio is presently 400.00%.

About Washington Real Estate Investment Trust

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 and Estimates for Washington Real Estate Investment Trust (NYSE:WRE)

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