Positive Media Coverage Somewhat Unlikely to Affect Washington Real Estate Investment Trust (WRE) Share Price

News headlines about Washington Real Estate Investment Trust (NYSE:WRE) have trended positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Washington Real Estate Investment Trust earned a news impact score of 0.29 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.7251321553753 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s analysis:

Several research firms recently weighed in on WRE. Zacks Investment Research lowered shares of Washington Real Estate Investment Trust from a “buy” rating to a “hold” rating in a report on Saturday, October 7th. TheStreet lowered shares of Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a report on Friday, November 3rd. Capital One Financial restated an “overweight” rating on shares of Washington Real Estate Investment Trust in a report on Monday, November 20th. SunTrust Banks set a $33.00 target price on shares of Washington Real Estate Investment Trust and gave the company a “hold” rating in a report on Friday, October 27th. Finally, Stifel Nicolaus restated a “hold” rating and set a $33.00 target price on shares of Washington Real Estate Investment Trust in a report on Thursday, September 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $34.25.

Shares of Washington Real Estate Investment Trust (NYSE:WRE) opened at $28.86 on Friday. Washington Real Estate Investment Trust has a one year low of $28.73 and a one year high of $33.96. The stock has a market cap of $2,271.56, a price-to-earnings ratio of 96.20, a P/E/G ratio of 15.61 and a beta of 0.94. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.05.

The company also recently declared a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Wednesday, December 20th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.16%. The ex-dividend date was Tuesday, December 19th. Washington Real Estate Investment Trust’s dividend payout ratio (DPR) is 400.00%.

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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.

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

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