Can you provide the average price target for WASHINGTON REIT stock?
10 analysts have analysed WRE and the average price target is 23.26 USD. This implies a price increase of 32.36% is expected in the next year compared to the current price of 17.57.
WASHINGTON REIT (WRE) Forecast, Price Target & Analyst Ratings
NYSE:WRE • US9396531017
Current stock price
17.57 USD
-0.38 (-2.12%)
At close:
17.57 USD
0 (0%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for WASHINGTON REIT (WRE).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Feb 15, 2023
- Period
- Q3 / 2022
- EPS Estimate
- -$0.06
- Revenue Estimate
- 53.728M
Price Target Details & History
Consensus Price Target and Range
Mean target
$23.26
Upside
+ 32.36%
From current price of $17.57 to mean target of $23.26, Based on 10 analyst forecasts
Low
$21.21
Median
$22.44
High
$27.30
Price Target Revisions
1 Month
N/A
3 Months
N/A
Price Target Summary
10 Wall Street analysts provided a forecast for the next 12 months for WRE. The average price target is 23.26 USD. This implies a price increase of 32.36% is expected in the next year compared to the current price of 17.57.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
72.00%
WRE was analyzed by 10 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about WRE.
In the previous month the buy percentage consensus was at a similar level.
WRE was analyzed by 10 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-10-18 | Wells Fargo | Maintains | Equal-Weight |
| 2022-07-01 | Wells Fargo | Maintains | Equal-Weight |
| 2022-06-14 | JP Morgan | Maintains | Neutral |
| 2021-12-01 | Wells Fargo | Maintains | Equal-Weight |
| 2021-10-01 | BTIG | Initiate | Buy |
| 2021-09-30 | Wells Fargo | Maintains | Equal-Weight |
| 2021-06-17 | Raymond James | Downgrade | Outperform -> Market Perform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Feb 15, 2023
- Period
- Q3 / 2022
- EPS Estimate
- -$0.06
- Revenue Estimate
- 53.728M
- Revenue Q2Q
- 26.42%
- EPS Q2Q
- -203.00%
- Number of Analysts
- 2
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A
Next Earnings Summary
WRE is expected to report earnings on 2/15/2023. The consensus EPS estimate for the next earnings is -0.06 USD and the consensus revenue estimate is 53.73M USD.
Full Analyst Estimates 2022 - 2026
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 176.748M -39.41% | 176.004M -0.42% | 169.151M -3.89% | 208.338M 23.17% | 241.098M 15.72% | 260.845M 8.19% | 289.143M 10.85% | 323.717M 11.96% | |
| EBITDA YoY % growth | 139.073M -19.82% | 132.62M -4.64% | 97.602M -26.40% | 103.152M 5.69% | 124.763M 20.95% | 142.614M 14.31% | 166.095M 16.46% | 195.377M 17.63% | |
| EBIT YoY % growth | -2.106M -104.03% | 12.59M 697.82% | 2.042M -83.78% | 14.14M 592.46% | 31.31M 121.43% | 40.4M 29.03% | 70.092M 73.50% | 122.823M 75.23% | |
| Operating Margin | -1.19% | 7.15% | 1.21% | 6.79% | 12.99% | 15.49% | 24.24% | 37.94% | |
| EPS YoY % growth | 0.56 86.67% | -0.19 -133.93% | -0.19 0.00% | -0.26 -38.21% | -0.08 69.23% | -0.03 62.50% | -0.05 -64.22% | -0.08 -65.87% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 22 | Q4 / 22 | |
|---|---|---|
| EPS Q2Q % growth | -0.06 -203.00% | -0.06 13.43% |
| Revenue Q2Q % growth | 53.728M 26.42% | 56.025M 25.20% |
| EBITDA Q2Q % growth | 26.307M -64.85% | 28.215M -70.36% |
| EBIT Q2Q % growth | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
22.55%
EPS Next 5 Year
9.38%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
11.27%
Revenue Next 5 Year
11.32%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
WASHINGTON REIT / WRE Forecast FAQ
Can you provide the upcoming earnings date for WASHINGTON REIT?
WASHINGTON REIT (WRE) will report earnings on 2023-02-15.
What are the consensus estimates for WASHINGTON REIT (WRE) next earnings?
The consensus EPS estimate for the next earnings of WASHINGTON REIT (WRE) is -0.06 USD and the consensus revenue estimate is 53.73M USD.
Can you provide the analyst count for WASHINGTON REIT stock?
The number of analysts covering WASHINGTON REIT (WRE) is 10.