Brokers Set Expectations for Washington Real Estate Investment Trust's FY2020 Earnings (WRE)

Investors Real Estate Trust

Investors Real Estate Trust (NYSE:IRET) has been upgraded to Hold in a report by Zacks Investment Research today.

Analysts forecast that Washington Real Estate Investment Trust (NYSE:WRE) will report earnings of $0.43 per share for the current fiscal quarter, according to Zacks Investment Research.

A number of other research analysts have also weighed in on WRE. Finally, Raymond James Financial, Inc. upgraded shares of Washington Real Estate Investment Trust from a market perform rating to an outperform rating and set a $35.50 target price for the company in a report on Monday, January 9th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company. Washington Real Estate Investment Trust now has a consensus rating of "Hold" and a consensus target price of $34.08.

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Federal Realty Investment Trust is an equity real estate investment trust (REIT) engaged in the ownership, management, and redevelopment of retail and mixed-use properties.

Yesterday Investors Real Estate Trust (NYSE:IRET) traded -0.49% lower at $6.05. 467,775 shares of the stock traded hands. The stock's market capitalization is 2.41B, it has a 52-week low of 27.65 and a 52-week high of 34.61. Latest closing price was 15.25% above its 50-day moving average and 15.45% above its 200-day moving average. The stock stands almost -38.93% off versus the 52-week high and 10.32% away from the 52-week low.

Washington Real Estate Investment Trust (NYSE:WRE) last posted its quarterly earnings data on Thursday, February 16th.

Currently, EPS of Pennsylvania Real Estate Investment Trust (PEI) is -0.4 while the analysts predicted the EPS of the stock to be 0.15 suggesting the company fell short of the analysts' expectations. The business's revenue was down 2.8% compared to the same quarter past year. During the same quarter in the previous year, the company posted $0.46 EPS. Institutional investors own 87.44% of the company's stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Federal Realty Investment Trust by 1.6% in the fourth quarter.

12/03/2015 - Washington Real Estate Investment Trust had its "overweight" rating reiterated by analysts at Capital One. Nationwide Fund Advisors now owns 54,366 shares of the real estate investment trust's stock worth $1,692,000 after buying an additional 366 shares in the last quarter. Creative Planning increased its position in shares of Washington Real Estate Investment Trust by 109.9% in the first quarter. Horizon Investments LLC purchased a new stake in Federal Realty Investment Trust during the fourth quarter worth about $479,000.

The business also recently announced a quarterly dividend, which was paid on Friday, March 31st. Analysts have a consensus recommendation of 2.60 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. The ex-dividend date of this dividend is Wednesday, March 29th. The original version of this article can be accessed at https://www.chaffeybreeze.com/2017/04/17/dream-office-real-estate-investment-trst-d-un-to-issue-c0-13-monthly-dividend-updated.html.

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