$0.46 EPS Expected for Washington Real Estate Investment Trust (WRE)

July 18, 2017 - By Adrian Erickson

 $0.46 EPS Expected for Washington Real Estate Investment Trust (WRE)
Investors sentiment decreased to 0.91 in 2016 Q4. Its down 0.71, from 1.62 in 2016Q3. It turned negative, as 22 investors sold Washington Real Estate Investment Trust shares while 68 reduced holdings. 25 funds opened positions while 57 raised stakes. 61.81 million shares or 1.91% less from 63.01 million shares in 2016Q3 were reported.
Security Natl Trust stated it has 50 shares. Aperio Group Limited Liability Co has invested 0% in Washington Real Estate Investment Trust (NYSE:WRE). Moreover, Hsbc Holding Public Limited Co has 0% invested in Washington Real Estate Investment Trust (NYSE:WRE). Pioneer Investment Mngmt stated it has 66,100 shares. Duncker Streett And Inc reported 700 shares. Thornburg Inv holds 1.17% of its portfolio in Washington Real Estate Investment Trust (NYSE:WRE) for 4.65 million shares. Moreover, National Bank & Trust Of Montreal Can has 0.01% invested in Washington Real Estate Investment Trust (NYSE:WRE). Blackrock Management Lc accumulated 292,978 shares. Moreover, Victory Capital has 0.14% invested in Washington Real Estate Investment Trust (NYSE:WRE). Nomura Asset Management Limited invested in 0.03% or 48,800 shares. 3,700 were accumulated by Hexavest. Farr Miller Washington Ltd Liability Corp Dc invested 0.23% of its portfolio in Washington Real Estate Investment Trust (NYSE:WRE). Axa holds 0.07% in Washington Real Estate Investment Trust (NYSE:WRE) or 457,400 shares. Prudential Fincl Incorporated accumulated 0% or 8,413 shares. Jnba Finance holds 105 shares.

Wall Street await Washington Real Estate Investment Trust (NYSE:WRE) to release earnings on July, 26. Analysts forecast EPS of $0.46, exactly $0.00 or 0.00 % from 2014’s $0.46 EPS. The expected WRE’s profit could reach $35.75 million giving the stock 17.55 P/E in the case that $0.46 earnings per share is reported. After posting $0.44 EPS for the previous quarter, Washington Real Estate Investment Trust’s analysts now forecast 4.55 % EPS growth. The stock increased 1.06% or $0.34 during the last trading session, reaching $32.3. About 389,368 shares traded. Washington Real Estate Investment Trust (NYSE:WRE) has risen 15.41% since July 18, 2016 and is uptrending. It has underperformed by 1.29% the S&P500.

Washington Real Estate Investment Trust (NYSE:WRE) Ratings Coverage

Among 5 analysts covering Washington REIT (NYSE:WRE), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Washington REIT had 7 analyst reports since December 3, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Thursday, December 3 by CapitalOne. The firm has “Outperform” rating given on Tuesday, May 16 by Robert W. Baird. The stock of Washington Real Estate Investment Trust (NYSE:WRE) earned “Outperform” rating by Raymond James on Monday, January 9. The stock of Washington Real Estate Investment Trust (NYSE:WRE) earned “Overweight” rating by JP Morgan on Friday, December 16. JP Morgan maintained it with “Neutral” rating and $31 target in Monday, May 16 report. As per Wednesday, August 17, the company rating was downgraded by Robert W. Baird. The rating was maintained by Stifel Nicolaus on Friday, July 14 with “Hold”.

Washington Real Estate Investment Trust is a self-administered equity real estate investment trust. The company has market cap of $2.51 billion. The Company’s business consists of the ownership and operation of real property in the greater Washington metro region. It has a 19.37 P/E ratio. The Firm owns a diversified portfolio of office buildings, multifamily buildings and retail centers.

More news for Washington Real Estate Investment Trust (NYSE:WRE) were recently published by: Globenewswire.com, which released: “Washington REIT Announces Appointment of Ellen M. Goitia to Board of Trustees” on June 22, 2017. Seekingalpha.com‘s article titled: “Washington Real Estate Investment Trust’s (WRE) CEO Paul McDermott on Q1 2017 …” and published on April 27, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.