Stock within Traders Observation: Washington Real Estate Investment Trust's (WRE)

Investors Real Estate Trust was downgraded to " by analysts at Janney Montgomery Scott. Wheeler Real Estate Investment Trust, Inc. now has an average analyst recommendation of 1.70 according to analysts. Dream Industrial Real Estate Invest Trst now has a consensus rating of "Hold" and an average target price of C$9.08.

Market Capitalization can be thought of as the overall price to buy the company. Investors Real Estate Trust had a net margin of 19.93% and a return on equity of 0.03%.

In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokerages have issued a ratings update on the company. The business earned $76.90 million during the quarter, compared to analyst estimates of $77.56 million. The firm's revenue for the quarter was up 5.8% compared to the same quarter past year. The company's 5 year Earnings per share growth and Capital Spending growth remains at 0 and 17.67. During the same period in the prior year, the business posted $1.37 earnings per share. Stockholders of record on Monday, March 20th were paid a $0.07 dividend. The ex-dividend date is Friday, March 10th. This represents a $1.20 annualized dividend and a yield of 3.72%. The legal version of this article can be read at

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While average new capital commitments to real estate are expected to decline relative to 2016 commitments, the wide majority of USA investors - 72 percent - still plan to be active with new commitments to real estate in 2017. (NASDAQ:WHLR) shares passing the 70 level, the stock is now considered to be in overbought territory and ripe for a potential pullback. Trellus Management Company LLC purchased a new position in shares of Investors Real Estate Trust during the third quarter valued at about $179,000.

The stock volatility for week was 1.69% while for month was 2.14%.The stock, as of last close, traded 12.11% to its 52 week low and was changed -15.34% from its 52 week high.

2 number of analysts have estimated the sales of the company for the quarter ending April 25, 2017, analysts estimated mean sale target of 63.29 million while high and low sale targets are estimated at 64.01 million and 62.57 million respectively. BlackRock Group LTD raised its stake in shares of Federal Realty Investment Trust by 6.2% in the third quarter. Norges Bank bought a new position in shares of Washington Real Estate Investment Trust during the fourth quarter valued at approximately $25,008,000. They now have a United States dollars 33 price target on the stock. Institutional investors and hedge funds own 47.46% of the company's stock.

Although the average new capital commitments to real estate are expected to be smaller in comparison to the 2016 commitments, 72 percent of investors still plan to be active with new commitments to real estate throughout this year.

  • Zachary Reyes