Weingarten Realty (NYSE:WRI) Given Coverage Optimism Rating of 0.23

Media coverage about Weingarten Realty (NYSE:WRI) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Weingarten Realty earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 46.7554908602779 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

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Shares of NYSE WRI opened at $26.33 on Friday. The company has a market cap of $3,464.48, a P/E ratio of 11.05, a PEG ratio of 3.08 and a beta of 0.53. Weingarten Realty has a 52-week low of $25.96 and a 52-week high of $35.45. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.15.

Weingarten Realty (NYSE:WRI) last released its quarterly earnings results on Wednesday, February 21st. The real estate investment trust reported $1.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.69. The company had revenue of $135.80 million during the quarter, compared to analysts’ expectations of $140.94 million. Weingarten Realty had a net margin of 58.81% and a return on equity of 18.88%. equities research analysts predict that Weingarten Realty will post 2.31 earnings per share for the current year.

WRI has been the topic of several research analyst reports. Bank of America upgraded shares of Weingarten Realty from a “neutral” rating to a “buy” rating and set a $32.00 price target on the stock in a research report on Thursday, March 1st. UBS lowered shares of Weingarten Realty from a “buy” rating to a “neutral” rating in a research report on Tuesday. Capital One lowered shares of Weingarten Realty from an “overweight” rating to an “equal weight” rating in a research report on Thursday, February 22nd. SunTrust Banks upgraded shares of Weingarten Realty from a “hold” rating to a “buy” rating in a research report on Monday, January 22nd. They noted that the move was a valuation call. Finally, Citigroup cut their price target on shares of Weingarten Realty from $34.00 to $30.00 and set a “neutral” rating for the company in a report on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. Weingarten Realty currently has a consensus rating of “Hold” and a consensus target price of $32.00.

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Weingarten Realty Company Profile

Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At December 31, 2017, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 204 properties which are located in 17 states spanning the country from coast to coast.

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