Washington Real Estate Investment Trust (WRE) News
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WRE News Highlights
- For WRE, its 30 day story count is now at 6.
- Over the past 28 days, the trend for WRE's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about WRE are PEAK, STEP and TOP.
Latest WRE News From Around the Web
Below are the latest news stories about ELME COMMUNITIES that investors may wish to consider to help them evaluate WRE as an investment opportunity.
WASHINGTON, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME), a value-driven multifamily owner and operator, announced the publication of its 2022 ESG Report. The report, which summarizes the Company’s ESG initiatives, programs, and achievements in 2021 and into 2022, can be found on the ESG page of the Company’s newly launched website at www.elmecommunities.com. Within this report, Elme Communities announced that it has achieved a 2022 Global Real Estate
In a report released today, Blaine Heck from Wells Fargo maintained a Hold rating on Washington Real Estate Investment (WRE - Research Report), with a price target of $17.00. The company's shares opened today at $18.04.According to TipRanks, Heck is an analyst with an average return of -3.7% and a 43.06% success rate. Heck covers the Financial sector, focusing on stocks such as Boston Properties, Cousins Properties, and Douglas Emmett.Currently, the analyst consensus on Washington Real Estate Investment is a Moderate Buy with an average price target of $25.50.See the top stocks recommended by analysts >>The company has a one-year high of $26.18 and a one-year low of $16.14.
Reflecting its wholesale shift into residential real estate, the D.C.-based real estate investment trust, better known as WashREIT, announced Monday it has rebranded. The decision comes after WashREIT (NYSE: WRT) sold almost all of its office and retail assets to focus on becoming a regional multifamily operator. Its New York Stock Exchange ticker will change from WRE to ELME as of Thursday morning, the company announced.
Elme Communities is “elevating home” for underserved mid-market renters New name marks the final step in the Company’s transformation into a strategy-led, business-to-consumer, value-driven multifamily company WASHINGTON, Oct. 17, 2022 (GLOBE NEWSWIRE) -- WashREIT (NYSE: WRE), a value-driven multifamily owner and operator, announced today that it has changed its name and rebranded as Elme Communities, reflecting its ongoing commitment to elevating the value-living experience for its residents. T
Washington Real Estate Investment Trust (WRE) experiences strong performance during its peak leasing months this year on the back of healthy demand and pricing power.
Delivers strong operating performance through peak leasing season Expects 14% Core FFO Growth in 2023 WASHINGTON, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT" or the “Company”) (NYSE: WRE) today announced 2023 Core FFO guidance of $0.96 to $1.04 per share, which excludes the impact of any acquisitions beyond the $125 million that is expected to be completed this year. At the mid-point, this represents approximately 14% Core FFO growth in 2023 over 2022.
WASHINGTON, Sept. 19, 2022 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE), a multifamily real estate investment trust (REIT) that primarily owns and operates value-oriented apartment communities in the Washington Metro and Southeast, will release third quarter earnings results after market close on Thursday, October 27, 2022. The conference call will be held on Friday, October 28, 2022, at 10:00 am ET. Conference call access information is as follows: USA Toll Free Number:888-506-0062International Toll
Every investor in Washington Real Estate Investment Trust ( NYSE:WRE ) should be aware of the most powerful shareholder...
Washington Reit (WRE) delivered FFO and revenue surprises of -4.55% and 0.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
WASHINGTON, July 28, 2022 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a multifamily REIT with properties in the Washington metro area and the Southeast, reported financial and operating results today for the quarter ended June 30, 2022: Financial Results Net loss was $8.9 million, or $0.10 per diluted shareNAREIT FFO was $15.2 million, or $0.17 per diluted shareCore FFO was $18.2 million, or $0.21 per diluted shareNet Operating Income (N