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WRE News and Press, Washington Real Estate Investment Trust

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Company Name: Washington Real Estate Investment Trust
Stock Symbol: WRE
Market: NYSE

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WRE - WashREIT is Now Elme Communities

Elme Communities is “ el evating ho me ” for underserved mid-market renters New name marks the final step in the Company’s transformation into a strategy-led, business-to-consumer, value-driven multifamily company WASHINGTON, Oc...

WRE - Way Too Far, Way Too Fast

Summary U.S. equity markets and bond markets slid this week - deepening a historic year-long rout - as Federal Reserve officials doubled down on hawkish rhetoric despite increasingly-apparent tremors of market instability. Closing the month and quarter at the lowest levels in two ...

WRE - WashREIT expects 14% core FFO growth in 2023

WashREIT ( NYSE: WRE ) expects core FFO in the range of $0.96 to $1.04 per fully diluted share for 2023, which at midpoint would imply an ~14% Y/Y growth. The projection is in line with consensus FFO estimate for the year of $1.02 and excludes the impact of any acquisiti...

WRE - WashREIT Issues 2023 Guidance and Provides Operating Update

Delivers strong operating performance through peak leasing season Expects 14% Core FFO Growth in 2023 WASHINGTON, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT" or the “Company”) (NYSE: WRE) today announced 2023 ...

WRE - WashREIT to Release Third Quarter 2022 Results on Thursday, October 27th

WASHINGTON, Sept. 19, 2022 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE), a multifamily real estate investment trust (REIT) that primarily owns and operates value-oriented apartment communities in the Washington Metro and Southeast, will release third quarter earnings results after market close o...

WRE - Washington Real Estate goes ex dividend tomorrow

Washington Real Estate ( NYSE: WRE ) has declared $0.17/share quarterly dividend , in line with previous. Payable Oct. 5; for shareholders of record Sept. 21; ex-div Sept. 20. See WRE Dividend Scorecard, Yield Chart, & Dividend Growth. For further details...

WRE - Washington Real Estate: Too Concentrated In Just One Economic Region

Summary Washington Real Estate Investment Trust is successfully pivoting to being a pure-play multifamily REIT after disposing of all but one of their commercial properties in 2021. Their focus on multifamily rentals is enabling the REIT to capitalize on double-digit rental rate g...

WRE - Apartment REITs: Rent Inflation Isn't Going Away

The era of 15-20% rent increases may be coming to an end, but renters shouldn't expect significant relief anytime soon. The inflationary effects will be felt for years to come. Despite a stellar slate of earnings results from the apartment sector in which all ten REITs raised their fu...

WRE - Washington Real Estate Investment Trust (WRE) CEO Paul McDermott on Q2 2022 Results - Earnings Call Transcript

Washington Real Estate Investment Trust (WRE) Q2 2022 Results Conference Call July 29, 2022 10:00 AM ET Company Participants Amy Hopkins - VP, IR Paul McDermott - President and CEO Steve Riffee - EVP and CFO Grant Montgomery - VP and Head, Research Conf...

WRE - Washington Real Estate FFO misses, revenue beats, guidance lowered

Washington Real Estate press release ( NYSE: WRE ): Q2 FFO of $0.21 misses by $0.01 (vs. $0.35 in prior-year quarter). Revenue of $51.38M (+24.4% Y/Y) beats by $0.1M . We are slightly lowering and tightening our guidance range by two cents at the midpoint due t...

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