Washington Real Estate Investment Trust (WRE) Receives Daily News Sentiment Score of 0.36
Media headlines about Washington Real Estate Investment Trust (NYSE:WRE) have been trending positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Washington Real Estate Investment Trust earned a daily sentiment score of 0.36 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 46.4704356750265 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
WRE has been the topic of a number of research analyst reports. BidaskClub raised shares of Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research raised shares of Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Stifel Nicolaus reissued a “hold” rating and set a $33.00 price objective on shares of Washington Real Estate Investment Trust in a research report on Friday, July 14th. Finally, Robert W. Baird raised shares of 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 research report on Tuesday, May 16th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $33.92.
Shares of Washington Real Estate Investment Trust (NYSE WRE) traded down 0.58% during mid-day trading on Friday, hitting $32.52. 463,316 shares of the stock were exchanged. Washington Real Estate Investment Trust has a 12 month low of $27.65 and a 12 month high of $34.02. The firm has a market cap of $2.50 billion, a P/E ratio of 24.60 and a beta of 0.96. The stock’s 50 day moving average is $32.31 and its 200 day moving average is $32.05.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.20 dividend on an annualized basis and a yield of 3.69%. Washington Real Estate Investment Trust’s payout ratio is 90.23%.
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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.
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