Washington Real Estate Investment Trust (WRE) to Release Quarterly Earnings on Thursday

Washington Real Estate Investment Trust (NYSE:WRE) will be announcing its earnings results after the market closes on Thursday, February 15th. Analysts expect the company to announce earnings of $0.44 per share for the quarter.

Washington Real Estate Investment Trust (WRE) opened at $26.60 on Thursday. The firm has a market cap of $2,090.00, a price-to-earnings ratio of 88.67, a P/E/G ratio of 14.34 and a beta of 0.78. Washington Real Estate Investment Trust has a fifty-two week low of $26.00 and a fifty-two week high of $33.96. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.05.

A number of equities analysts recently weighed in on WRE shares. Zacks Investment Research upgraded shares of Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 13th. Stifel Nicolaus downgraded shares of Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. SunTrust Banks set a $33.00 target price on shares of Washington Real Estate Investment Trust and gave the stock a “hold” rating in a report on Friday, October 27th. Robert W. Baird restated an “outperform” rating and set a $34.00 target price on shares of Washington Real Estate Investment Trust in a report on Tuesday, October 31st. Finally, TheStreet downgraded shares of Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $32.00.

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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 for Washington Real Estate Investment Trust (NYSE:WRE)

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