Washington Real Estate Investment Trust (WRE) – Research Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Washington Real Estate Investment Trust (NYSE: WRE):

  • 11/3/2017 – Washington Real Estate Investment Trust was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.
  • 10/31/2017 – Washington Real Estate Investment Trust had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $34.00 price target on the stock.
  • 10/27/2017 – Washington Real Estate Investment Trust was given a new $33.00 price target on by analysts at SunTrust Banks, Inc.. They now have a “hold” rating on the stock.
  • 10/26/2017 – Washington Real Estate Investment Trust was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “WASHINGTON R.E. INV. TRUST is a self-administered qualified equity real estate investment trust. The Trust’s business consists of the ownership of income-producing real estate properties principally in the Greater Washington-Baltimore Region. The Trust has a fundamental strategy of regional focus, diversified property type ownership and conservative financial management. “
  • 10/7/2017 – Washington Real Estate Investment Trust was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “WASHINGTON R.E. INV. TRUST is a self-administered qualified equity real estate investment trust. The Trust’s business consists of the ownership of income-producing real estate properties principally in the Greater Washington-Baltimore Region. The Trust has a fundamental strategy of regional focus, diversified property type ownership and conservative financial management. “
  • 10/5/2017 – Washington Real Estate Investment Trust was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $37.00 price target on the stock. According to Zacks, “WASHINGTON R.E. INV. TRUST is a self-administered qualified equity real estate investment trust. The Trust’s business consists of the ownership of income-producing real estate properties principally in the Greater Washington-Baltimore Region. The Trust has a fundamental strategy of regional focus, diversified property type ownership and conservative financial management. “
  • 9/21/2017 – Washington Real Estate Investment Trust had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $33.00 price target on the stock.

Washington Real Estate Investment Trust (NYSE WRE) traded up $0.07 during trading hours on Tuesday, reaching $32.92. 284,200 shares of the company’s stock traded hands, compared to its average volume of 368,490. Washington Real Estate Investment Trust has a 52-week low of $29.12 and a 52-week high of $33.96. The stock has a market cap of $2,577.58, a price-to-earnings ratio of 18.15, a price-to-earnings-growth ratio of 18.05 and a beta of 0.95. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.30 and a current ratio of 1.30.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Wednesday, December 20th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date is Tuesday, December 19th. Washington Real Estate Investment Trust’s dividend payout ratio is currently 400.00%.

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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