Is a Correction Looming Ahead? Weingarten Realty Investors (WRI)

Weingarten Realty Investors (NYSE:WRI) went down by -1.63% from its latest closing price when compared to the 1-year high value of $32.17 and move down -84.14%, while WRI stocks collected -2.73% of loss with the last five trading sessions. Press Release reported on 07/29/20 that Weingarten Realty Reports Second Quarter Results and Provides COVID-19 Update

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Weingarten Realty Investors (NYSE:WRI) Worth an Investment?

Weingarten Realty Investors (NYSE: WRI) scored price to earnings ratio above its average ratio, recording 9.18 times of increase in earnings at the present.

WRI Market Performance

WRI stocks went down by -2.73% for the week, with the monthly jump of 2.40% and a quarterly performance of -12.61%, while its annual performance rate touched -34.05%. The simple moving average for the period of the last 20 days is -3.13% for WRI stocks with the simple moving average of -22.61% for the last 200 days.

Analysts’ Opinion on Weingarten Realty Investors (NYSE:WRI)

Many brokerage firms have already submitted their reports for WRI stocks, with JP Morgan repeating the rating for WRI shares by setting it to “Underweight”. The predicted price for WRI socks in the upcoming period according to JP Morgan is $16 based on the research report published on April 22, 2020.

Citigroup, on the other hand, stated in their research note that they expect to see WRI stock at the price of $14.50, previously predicting the value of $36. The rating they have provided for WRI stocks is “Neutral” according to the report published on April 7, 2020.

BofA/Merrill gave “ Buy” rating to WRI stocks, setting the target price at $14.50 in the report published on January 6, 2020.

WRI Stocks -2.35% Far from 50 Day Moving Average

After a stumble in the market that brought WRI to its low price for the period of the last 52 weeks, Weingarten Realty Investors was unable to take a rebound, for now settling with -45.69% of loss for the given period.

The stock volatility was left at 3.69%, however, within the period of a single month, the volatility rate increased by 3.16%, while the shares surge at the distance of +2.52% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -5.62% lower at the present time.

In the course of the last 5 trading sessions, WRI went down by -2.73%, which changed the moving average for the period of 200 days to the total of -43.66% of losses for the stock in comparison to the 20-day moving average settled at $18.06. In addition, Weingarten Realty Investors saw -44.08% in overturn over the period of a single year with a tendency to cut further losses.

WRI Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Weingarten Realty Investors (WRI), starting from LASHER STEPHEN A, who sold 20,000 shares at the price of $23.22 back on Jun 05. After this action, Rushing now owns 5,000 shares of Weingarten Realty Investors, valued at $464,380 with the latest closing price.

LASHER STEPHEN A, the Director of Weingarten Realty Investors, sold 35,000 shares at the value of $23.22 during a trade that took place back on Jun 05, which means that LASHER STEPHEN A is holding 82,692 shares at the value of $812,665 based on the most recent closing price.

WRI Stock Fundamentals

The current profitability levels are settled at +21.81 for the present operating margin and +39.22 for gross margin. The net margin for Weingarten Realty Investors stands at +65.58. Total capital return value is set at 2.92, while invested capital returns managed to touch 9.36. Equity return holds the value 14.60%, with 6.10% for asset returns.

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Based on Weingarten Realty Investors (WRI), the company’s capital structure generated 104.54 points for debt to equity in total, while total debt to capital is set at the value of 51.11. Total debt to assets is settled at the value of 45.08 with long-term debt to equity ratio rests at 2.27 and long-term debt to capital is 102.94.

The value for Enterprise to Sales is 12.40 with debt to enterprise value settled at 0.30. The receivables turnover for Weingarten Realty Investors is 5.21 with the total asset turnover at the value of 0.12.

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