With a price/earnings ratio of 4.22, Washington Real Estate Investment Trust P/E ratio is greater than that of about merely 4.1% of stocks in our set with positive earnings.
Of note is the ratio of Washington Real Estate Investment Trust's sales and general administrative expense to its total operating expenses; only 7.18% of US stocks have a lower such ratio.
Washington Real Estate Investment Trust's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 40.79%, greater than the shareholder yield of 93.04% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Washington Real Estate Investment Trust, a group of peers worth examining would be SRC, PDM, STAG, HR, and INN.
Washington Real Estate Investment Trust (WRE) Company Bio
Washington Real Estate Investment Trust invests in real estate markets of the greater Washington D.C. metro region. It focuses on office, medical office, industrial/flex space, retail, and multifamily real estate investments. The company was founded in 1960 and is based in Rockville, Maryland.
WRE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Washington Real Estate Investment Trust with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Washington Real Estate Investment Trust ranked in the 99th percentile in terms of potential gain offered. Our DCF model suggests the stock is undervalued by 41783.5%; returns of such proportions should be viewed with some skepticism, though. In terms of the factors that were most noteworthy in this DCF analysis for WRE, they are:
Washington Real Estate Investment Trust's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 4.44% of tickers in our DCF set.
Washington Real Estate Investment Trust's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than merely 7.45% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
EPR, ROIC, CLNY, IRCP, and LMRK can be thought of as valuation peers to WRE, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
JPMorgan analyst Anthony Paolone upgrades Washington Real Estate Investment ([[WRE]] +1.4%) to Neutral and Corporate Office Properties Trust ([[OFC]] +2.8%) to Overweight as both REITs with exposure to the Washington, DC. market are cushioned by federal government jobs and demand.Paolone points to WRE's solid collections as jobs in the U.S....