Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) Announces Earnings Results

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) announced its quarterly earnings data on Thursday. The company reported ($2.67) EPS for the quarter, FiscalAI reports. The company had revenue of $25.17 million for the quarter.

Wheeler Real Estate Investment Trust Stock Down 0.2%

Shares of WHLRP stock traded down $0.01 during mid-day trading on Thursday, hitting $6.49. The company’s stock had a trading volume of 770 shares, compared to its average volume of 24,809. Wheeler Real Estate Investment Trust has a 52-week low of $3.00 and a 52-week high of $7.46. The business has a 50-day moving average price of $6.04 and a 200 day moving average price of $4.74.

Hedge Funds Weigh In On Wheeler Real Estate Investment Trust

Hedge funds have recently bought and sold shares of the business. Susquehanna International Group LLP bought a new stake in shares of Wheeler Real Estate Investment Trust in the third quarter worth approximately $67,000. Ursa Fund Management LLC boosted its stake in shares of Wheeler Real Estate Investment Trust by 57.5% in the 3rd quarter. Ursa Fund Management LLC now owns 197,292 shares of the company’s stock worth $835,000 after buying an additional 71,992 shares during the last quarter. Finally, Magnetar Financial LLC bought a new stake in shares of Wheeler Real Estate Investment Trust in the second quarter worth $866,000.

Wheeler Real Estate Investment Trust Company Profile

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRP) is a real estate investment trust that specializes in the acquisition and management of single-tenant retail and industrial properties under long-term, triple-net leases. The company’s investment strategy focuses on securing creditworthy tenants—often in sectors such as automotive services, fast food, medical services and banking—to generate stable, predictable rental income over the life of each lease.

Wheeler REIT’s portfolio spans a broad range of lower-middle market properties across the United States, offering geographic diversification and reducing exposure to any single market or tenant.