Media coverage about Washington Real Estate Investment Trust (NYSE:WRE) has been trending positive this week, Alpha One reports. The research firm, a unit of Accern, ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Washington Real Estate Investment Trust earned a daily sentiment score of 0.38 on Alpha One’s scale. Alpha One also assigned news headlines about the real estate investment trust an impact score of 50 out of 100, meaning that recent news coverage is somewhat likely to have an effect on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Alpha One Sentiment’s rankings:

Insider Buying and Selling by Quarter for Washington Real Estate Investment Trust (NYSE:WRE)

Several brokerages have weighed in on WRE. Robert W. Baird upgraded shares of Washington Real Estate Investment Trust from a “neutral” rating to an “outperform” rating and set a $34.00 target price for the company in a research note on Tuesday, May 16th. Zacks Investment Research raised shares of Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 25th. Finally, Stifel Nicolaus raised their price target on shares of Washington Real Estate Investment Trust from $31.00 to $33.00 and gave the stock a “hold” rating in a report on Wednesday, February 22nd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $33.92.

Washington Real Estate Investment Trust (WRE) traded down 1.56% during mid-day trading on Friday, reaching $32.18. 660,382 shares of the company traded hands. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 19.26 and a beta of 0.95. Washington Real Estate Investment Trust has a 52 week low of $27.65 and a 52 week high of $34.61. The stock’s 50 day moving average price is $32.09 and its 200 day moving average price is $32.00.

Washington Real Estate Investment Trust (NYSE:WRE) last released its quarterly earnings results on Wednesday, April 26th. The real estate investment trust reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.01. Washington Real Estate Investment Trust had a net margin of 39.41% and a return on equity of 11.93%. The business had revenue of $77.50 million during the quarter, compared to the consensus estimate of $77.54 million. Equities analysts forecast that Washington Real Estate Investment Trust will post $0.42 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date is Tuesday, June 13th. Washington Real Estate Investment Trust’s payout ratio is currently 71.86%.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright laws. The original version of this piece of content can be read at https://www.thecerbatgem.com/2017/06/16/washington-real-estate-investment-trust-wre-earns-news-sentiment-score-of-0-38-updated-updated.html.

About Washington Real Estate Investment Trust

Washington Real Estate Investment Trust is a self-administered equity real estate investment trust. The Company’s business consists of the ownership and operation of real property in the greater Washington metro region. The Company owns a diversified portfolio of office buildings, multifamily buildings and retail centers.

Receive News & Stock Ratings for Washington Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Washington Real Estate Investment Trust and related stocks with our FREE daily email newsletter.