Weingarten Realty Investors (WRI) : During the past 4 weeks, traders have been relatively bearish on Weingarten Realty Investors (WRI), hence the stock is down -3.69% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.95% relative to the S&P 500. The 4-week change in the price of the stock is -5.64% and the stock has fallen -1.43% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.7% and the 50-Day Moving Average is 6.34%.The 200 Day SMA reached 4.24% Weingarten Realty Investors is up 1.81% in the last 3-month period. Year-to-Date the stock performance stands at 14.93%.
Weingarten Realty Investors (WRI) : 5 Wall Street analysts covering Weingarten Realty Investors (WRI) believe that the average level the stock could reach for the short term is $42. The maximum price target given is $45 and the minimum target for short term is around $39, hence the standard deviation is calculated at $2.12.
Company shares have received an average consensus rating of Hold for the current week Weingarten Realty Investors (NYSE:WRI): The stock opened at $38.55 and touched an intraday high of $38.68 on Friday. During the day, the stock corrected to an intraday low of $38.255, however, the bulls stepped in and pushed the price higher to close in the green at $38.63 with a gain of 0.10% for the day. The total traded volume for the day was 1,315,012. The stock had closed at $38.63 in the previous trading session.
Weingarten Realty Investors is a real estate investment trust (REIT). The Companys primary business is leasing space to tenants in the shopping centers it owns or leases. It is engaged in the business of owning, managing and developing shopping centers and other commercial centers. The Company also provides property management services. The Companys properties consist primarily of neighborhood and community shopping centers. As of December 31, 2014, 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 234 developed income-producing properties and three properties under various stages of construction and development. The portfolio of properties contains approximately 45.3 million square feet of gross leasable area that is either owned by the Company or others. It also owned interests in 34 parcels of land held for development that totaled approximately 25.3 million square feet.