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 analyst gave a price target of 32, which equates to a potential downside of -0.44 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 11.11 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of WRE's earnings is estimated by analysts to be 8.15 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of WRE is 2.36.

In the last 52-weeks, WRE has achieved a high of 34.61 and a low of 27.65. The current market price is above the trailing year's low by 16.24 percent, and 7.14 percent below the high. WRE has a price/earnings 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 stock has a market capitalization of $2.46 billion. WRE's next earnings release will be on 0000-00-00, which is days away.