Weingarten Realty Investors (WRI) To Go Ex-Dividend on December 5th
Weingarten Realty Investors (NYSE:WRI) declared a quarterly dividend on Tuesday, October 29th, Zacks reports. Shareholders of record on Friday, December 6th will be paid a dividend of 0.395 per share by the real estate investment trust on Friday, December 13th. This represents a $1.58 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date is Thursday, December 5th.
Shares of NYSE:WRI opened at $31.54 on Tuesday. Weingarten Realty Investors has a 52-week low of $23.80 and a 52-week high of $32.17. The stock has a market cap of $4.10 billion, a P/E ratio of 13.83, a price-to-earnings-growth ratio of 4.97 and a beta of 0.63. The business’s 50 day moving average is $30.79 and its 200 day moving average is $28.65. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.94.
Weingarten Realty Investors (NYSE:WRI) last issued its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.82 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.30. Weingarten Realty Investors had a return on equity of 16.75% and a net margin of 60.55%. The business had revenue of $117.38 million during the quarter, compared to analyst estimates of $117.85 million. During the same period in the previous year, the company posted $0.58 EPS. Weingarten Realty Investors’s revenue was down 6.5% on a year-over-year basis. On average, sell-side analysts anticipate that Weingarten Realty Investors will post 2.09 EPS for the current fiscal year.
About Weingarten Realty Investors
Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At March 31, 2019, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 177 properties which are located in 17 states spanning the country from coast to coast.
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