Weingarten Realty Investors (WRI) Earns Media Impact Score of 0.09

Media stories about Weingarten Realty Investors (NYSE:WRI) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Weingarten Realty Investors earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.3724853270861 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

WRI has been the subject of a number of research reports. TheStreet raised shares of Weingarten Realty Investors from a “c+” rating to a “b-” rating in a research note on Tuesday, August 8th. Robert W. Baird reaffirmed a “buy” rating and set a $37.00 target price on shares of Weingarten Realty Investors in a research note on Thursday, August 24th. Jefferies Group reaffirmed a “hold” rating and set a $32.00 target price on shares of Weingarten Realty Investors in a research note on Tuesday, August 29th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a $35.00 target price (down previously from $37.00) on shares of Weingarten Realty Investors in a research note on Wednesday, August 9th. Finally, Boenning Scattergood set a $30.00 target price on shares of Weingarten Realty Investors and gave the company a “sell” rating in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $33.25.

Weingarten Realty Investors (NYSE WRI) opened at $33.02 on Friday. Weingarten Realty Investors has a one year low of $29.03 and a one year high of $36.82. The firm has a market cap of $4,231.72, a P/E ratio of 13.50, a price-to-earnings-growth ratio of 3.28 and a beta of 0.71. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.24.

Weingarten Realty Investors (NYSE:WRI) last announced its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.01. Weingarten Realty Investors had a net margin of 36.86% and a return on equity of 12.07%. The business had revenue of $141.06 million during the quarter, compared to the consensus estimate of $139.72 million. During the same quarter last year, the firm earned $0.58 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. equities research analysts expect that Weingarten Realty Investors will post 2.43 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 8th will be paid a dividend of $0.385 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 4.66%. The ex-dividend date is Thursday, December 7th. Weingarten Realty Investors’s dividend payout ratio is 94.48%.

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About Weingarten Realty Investors

Weingarten Realty Investors is a real estate investment trust (REIT). The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. The Company also provides property management services. The Company is in the business of owning, managing and developing retail shopping centers.

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