Media stories about Washington Real Estate Investment Trust (NYSE:WRE) have been trending positive on Saturday, AlphaOne reports. The research firm, a division of Accern, ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Washington Real Estate Investment Trust earned a media sentiment score of 0.42 on AlphaOne’s scale. AlphaOne also gave news coverage about the real estate investment trust an impact score of 100 out of 100, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the next several days.

Here are some of the news articles that may have impacted Alpha One’s analysis:

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

A number of equities research analysts have recently weighed in on the company. Robert W. Baird upgraded Washington Real Estate Investment Trust from a “neutral” rating to an “outperform” rating and set a $34.00 price objective on the stock in a research report on Tuesday, May 16th. Zacks Investment Research upgraded Washington Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 25th. Finally, Stifel Nicolaus lifted their price objective on Washington Real Estate Investment Trust from $31.00 to $33.00 and gave the stock a “hold” rating in a research report on Wednesday, February 22nd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $33.92.

Washington Real Estate Investment Trust (NYSE WRE) opened at 32.18 on Friday. The stock has a 50 day moving average price of $32.09 and a 200-day moving average price of $32.00. The stock has a market cap of $2.47 billion, a PE ratio of 19.26 and a beta of 0.95. Washington Real Estate Investment Trust has a 1-year low of $27.65 and a 1-year high of $34.61.

Washington Real Estate Investment Trust (NYSE:WRE) last announced its quarterly earnings data on Wednesday, April 26th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.01. Washington Real Estate Investment Trust had a return on equity of 11.93% and a net margin of 39.41%. The company had revenue of $77.50 million for the quarter, compared to analysts’ expectations of $77.54 million. On average, equities analysts expect that Washington Real Estate Investment Trust will post $0.42 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, June 15th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, June 13th. This represents a $1.20 annualized dividend and a yield of 3.73%. Washington Real Estate Investment Trust’s dividend payout ratio (DPR) is currently 71.86%.

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Washington Real Estate Investment Trust Company Profile

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.

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