Analyst Ratings for Washington Real Estate Investment Trust (WRE)

Updated: 2017-07-27

Shares of Washington Real Estate Investment Trust (NYSE:WRE) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for WRE last month.

7 analysts issued ratings on the stock, where 1 gave WRE a buy rating, 3 gave an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for WRE. The maximum price target given was 37, implying potential capital gains of 15.12 percent. The most pessimistic price target was 32, implying a possible loss of -0.44 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 11.11 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.47 percent. If we look at the last 90 days instead, we find a net average change of 7.22 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

WRE has an estimated earnings growth rate of 8.15 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. WRE has a PEG ratio of 2.36.

In the last 52-weeks, WRE has achieved a high of 34.61 and a low of 27.65. Today's price is 16.24 percent above the 52-week low, and 7.14 percent below the high. WRE has a P/E ratio of 19.25. Investors typically compare the P/E ratio to a company's peers in the industry. The WRE value stock report compares WRE to some of its peers using value stock charts. The market cap of WRE is $2.46 billion. WRE will post this quarters earnings in days, on 0000-00-00.