Weingarten Realty Investors (NYSE:WRI) Updates FY 2021 After-Hours Earnings Guidance
Weingarten Realty Investors (NYSE:WRI) updated its FY 2021
After-Hours earnings guidance on Monday. The company provided EPS guidance of 1.65-1.75 for the period. Weingarten Realty Investors also updated its FY21 guidance to $1.65-1.75 EPS.
WRI has been the topic of several recent research reports. Wells Fargo & Company upgraded Weingarten Realty Investors from an equal weight rating to an overweight rating and boosted their price target for the company from $19.00 to $24.00 in a research report on Thursday, December 10th. JPMorgan Chase & Co. upgraded Weingarten Realty Investors from an underweight rating to a neutral rating and upped their price target for the stock from $19.00 to $24.00 in a research note on Monday, December 21st. Finally, Scotiabank raised shares of Weingarten Realty Investors from a sector perform rating to a sector outperform rating and set a $26.00 price objective on the stock in a research note on Thursday, January 28th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of $27.33.
NYSE:WRI opened at $26.08 on Tuesday. The firm’s fifty day simple moving average is $23.14 and its 200-day simple moving average is $20.02. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.94. The stock has a market cap of $3.34 billion, a PE ratio of 13.73, a price-to-earnings-growth ratio of 4.08 and a beta of 1.27. Weingarten Realty Investors has a fifty-two week low of $12.21 and a fifty-two week high of $30.90.
Weingarten Realty Investors Company Profile
Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At September 30, 2020, 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 162 properties which are located in 15 states spanning the country from coast to coast.
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