Washington Prime Group (NYSE:WPG) will be issuing its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.08 per share for the quarter.
Washington Prime Group (NYSE:WPG) opened at $5.63 on Wednesday. The stock has a market capitalization of $1,050.00, a P/E ratio of 7.82 and a beta of 0.75. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 1.34. Washington Prime Group has a twelve month low of $5.40 and a twelve month high of $9.79.
Several equities analysts recently commented on the company. Zacks Investment Research downgraded Washington Prime Group from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Boenning Scattergood reiterated a “sell” rating on shares of Washington Prime Group in a research note on Friday, October 27th. ValuEngine downgraded Washington Prime Group from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, SunTrust Banks set a $8.00 price objective on Washington Prime Group and gave the company a “hold” rating in a research note on Monday, January 22nd. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Washington Prime Group currently has an average rating of “Hold” and a consensus price target of $8.00.
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Washington Prime Group Inc (WPG Inc), formerly WP Glimcher Inc, operates as a self-administered and self-managed real estate investment trust (REIT). The Company’s primary business is the ownership, development and management of retail real estate within the United States. The Company owns, develops and manages enclosed retail properties and community centers.
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