Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. More Details
6 star dividend payer with imperfect balance sheet.
Share Price & News
How has Weingarten Realty Investors's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WRI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WRI's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: WRI exceeded the US REITs industry which returned 37.1% over the past year.
Return vs Market: WRI exceeded the US Market which returned 48.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Weingarten Realty Investors's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Weingarten Realty Investors' (NYSE:WRI) 6.6% ROE Better Than Average?
3 months ago | Simply Wall StIf You Had Bought Weingarten Realty Investors (NYSE:WRI) Shares Five Years Ago You'd Have A Total Return Of Negative 8.3%
5 months ago | Simply Wall StWeingarten Realty Investors' (NYSE:WRI) Stock Is Going Strong: Have Financials A Role To Play?
Is Weingarten Realty Investors undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WRI ($31.47) is trading below our estimate of fair value ($38.36)
Significantly Below Fair Value: WRI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: WRI is poor value based on its PE Ratio (45.6x) compared to the US REITs industry average (45.2x).
PE vs Market: WRI is poor value based on its PE Ratio (45.6x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: WRI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WRI is overvalued based on its PB Ratio (2.5x) compared to the US REITs industry average (1.8x).
How is Weingarten Realty Investors forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WRI's earnings are forecast to decline over the next 3 years (-5.5% per year).
Earnings vs Market: WRI's earnings are forecast to decline over the next 3 years (-5.5% per year).
High Growth Earnings: WRI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WRI's revenue (2.8% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: WRI's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WRI's Return on Equity is forecast to be high in 3 years time
How has Weingarten Realty Investors performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WRI has a large one-off gain of $36.5M impacting its March 31 2021 financial results.
Growing Profit Margin: WRI's current net profit margins (19.7%) are lower than last year (67.1%).
Past Earnings Growth Analysis
Earnings Trend: WRI's earnings have declined by 3.9% per year over the past 5 years.
Accelerating Growth: WRI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WRI had negative earnings growth (-72.5%) over the past year, making it difficult to compare to the REITs industry average (-8.8%).
Return on Equity
High ROE: WRI's Return on Equity (5.3%) is considered low.
How is Weingarten Realty Investors's financial position?
Financial Position Analysis
Short Term Liabilities: WRI's short term assets ($131.8M) exceed its short term liabilities ($83.6M).
Long Term Liabilities: WRI's short term assets ($131.8M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: WRI's debt to equity ratio (98.6%) is considered high.
Reducing Debt: WRI's debt to equity ratio has reduced from 133.8% to 98.6% over the past 5 years.
Debt Coverage: WRI's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: WRI's interest payments on its debt are not well covered by EBIT (1.5x coverage).
What is Weingarten Realty Investors's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WRI's dividend (3.81%) is higher than the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: WRI's dividend (3.81%) is in the top 25% of dividend payers in the US market (3.43%)
Stability and Growth of Payments
Stable Dividend: WRI's dividends per share have been stable in the past 10 years.
Growing Dividend: WRI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.5%), WRI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WRI's dividends in 3 years are forecast to be covered by earnings (65.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Drew Alexander (63 yo)
Mr. Andrew M. Alexander, also known as Drew, has been the Chief Executive Officer at Weingarten Realty Investors since January 2001 and has been its President since 1997. Mr. Alexander is Chairman of Weing...
CEO Compensation Analysis
Compensation vs Market: Drew's total compensation ($USD5.70M) is about average for companies of similar size in the US market ($USD5.33M).
Compensation vs Earnings: Drew's compensation has been consistent with company performance over the past year.
Experienced Management: WRI's management team is seasoned and experienced (13.3 years average tenure).
Experienced Board: WRI's board of directors are seasoned and experienced ( 13.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Weingarten Realty Investors's company bio, employee growth, exchange listings and data sources
- Name: Weingarten Realty Investors
- Ticker: WRI
- Exchange: NYSE
- Founded: 1948
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: US$4.063b
- Market Cap: US$4.016b
- Shares outstanding: 129.06m
- Website: https://www.weingarten.com
Number of Employees
- Weingarten Realty Investors
- 2600 Citadel Plaza Drive
- Suite 125
- United States
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 intere...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/12 22:41|
|End of Day Share Price||2021/05/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.