Media headlines about Weingarten Realty Investors (NYSE:WRI) have trended somewhat positive recently, Alpha One Sentiment Analysis reports. The research group, a division of Accern, rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Weingarten Realty Investors earned a coverage optimism score of 0.04 on Alpha One’s scale. Alpha One also assigned media headlines about the real estate investment trust an impact score of 43 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected AlphaOne Sentiment’s scoring:
- Zacks: Analysts Expect Weingarten Realty Investors (WRI) Will Post Quarterly Sales of $143.35 Million (americanbankingnews.com)
- Relative Strength Alert For Weingarten Realty Investors (nasdaq.com)
- Weingarten Realty Investors (WRI) Rating Increased to Outperform at Robert W. Baird (americanbankingnews.com)
- Weingarten Realty Investors (WRI) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- $0.60 Earnings Per Share Expected for Weingarten Realty Investors (WRI) This Quarter (americanbankingnews.com)
Weingarten Realty Investors (NYSE:WRI) traded up 1.21% during mid-day trading on Friday, hitting $30.89. The stock had a trading volume of 282,918 shares. Weingarten Realty Investors has a one year low of $29.83 and a one year high of $43.70. The firm’s 50-day moving average is $33.18 and its 200 day moving average is $34.60. The stock has a market cap of $3.97 billion, a PE ratio of 24.28 and a beta of 0.74.
Weingarten Realty Investors (NYSE:WRI) last issued its earnings results on Monday, April 24th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. The company had revenue of $140.82 million during the quarter, compared to analyst estimates of $140.08 million. Weingarten Realty Investors had a net margin of 45.71% and a return on equity of 14.82%. During the same quarter last year, the business posted $0.57 EPS. Equities research analysts expect that Weingarten Realty Investors will post $0.98 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Thursday, June 8th will be paid a dividend of $0.385 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date is Tuesday, June 6th. Weingarten Realty Investors’s dividend payout ratio (DPR) is currently 76.44%.
WRI has been the subject of a number of research analyst reports. Robert W. Baird initiated coverage on Weingarten Realty Investors in a report on Thursday, April 20th. They set an “outperform” rating and a $41.00 price objective for the company. Jefferies Group LLC restated a “hold” rating and set a $37.00 price objective on shares of Weingarten Realty Investors in a report on Monday, April 24th. TheStreet downgraded Weingarten Realty Investors from a “b” rating to a “c+” rating in a report on Monday, April 24th. Finally, Boenning Scattergood downgraded Weingarten Realty Investors from a “neutral” rating to an “underperform” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $38.70.
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Weingarten Realty Investors Company Profile
Weingarten Realty Investors is a real estate investment trust (REIT). The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. The Company also provides property management services. The Company is in the business of owning, managing and developing retail shopping centers.
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