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.
WRE was given price targets by several analysts. The highest price target was 37, implying a possible profit of 15.12 percent. The most pessimistic analyst gave a price target of 32, implying potential capital losses of -0.44 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 11.11 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.47 percent, compared to last month. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
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, as that can indicate whether the high price level of a stock is warranted by high growth. 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. 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. Currently the stock is 16.24 percent higher than its 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.