Weingarten Realty Investors s trend and data analysis indicates that the stock price has dropped -4.35% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -14.8% . Looking at the past 52 week period, the stock price is down -10.49% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Weingarten Realty Investors has a negative value of -3.49 compared to overall market performance.Weingarten Realty Investors is having a Relative Strength Index of 42.86 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Weingarten Realty Investors (NYSE:WRI) rallied by 5.87% during the past week but lost 7.16% on a 4-week basis. The company has outperformed the S&P 500 by 5.61% in the past week but underperformed the index by 8.21% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Weingarten Realty Investors (NYSE:WRI) : On Friday heightened volatility was witnessed in Weingarten Realty Investors (NYSE:WRI) which led to swings in the share price. The stock opened for trading at $32.88 and hit $33.22 on the upside , eventually ending the session at $33.21, with a gain of 1.07% or 0.35 points. The heightened volatility saw the trading volume jump to 1,751,765 shares. The 52-week high of the share price is $43.7 and the company has a market cap of $4,262 million. The 52-week low of the share price is at $31.13 .
Company has reported several Insider transactions to the SEC, on Sep 7, 2016, Andrew M Alexander (CEO/PRESIDENT) sold 5,731 shares at 41.62 per share price.On Sep 7, 2016, Stephen A Lasher (director) sold 8,287 shares at 41.75 per share price.On Aug 3, 2016, Stephen C Richter (EXEC VP/CFO) sold 18,000 shares at 42.80 per share price.
Weingarten Realty Investors Last issued its quarterly earnings results on Feb 21, 2017. The company reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.58. The company had revenue of $142.90 million for the quarter, compared to analysts expectations of $138.40 million. The companys revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.
Weingarten Realty Investors is focused on delivering solid returns to shareholders by actively developing, acquiring, and intensively managing properties in twenty one states that span the southern portion of the United States from coast to coast. Weingartens business activities encompass the long-term ownership, management, acquisition, development and redevelopment of strategically located neighborhood and community shopping centers and select industrial properties. The vast majority of our shopping centers are anchored by either a supermarket or a national value-oriented retailer. These anchors combined with convenient locations, attractive and well-maintained properties and a strong tenant mix help to ensure the long-term success of our merchants and the viability of our portfolio. The Companys portfolio of Thirf caproperties includes thirty neighborhood and community shopping centers and sixty four industrial properties, aggregating fourty million square feet.