Washington Real Estate Investment Trust

OverviewSuggest Edit

Washington REIT (Washington Real Estate Investment Trust) is an equity real estate investment trust company. It invests, acquires, manages, and develops assets.

TypePublic
Founded1960
HQWashington, US
Websitewashreit.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Feb 2020)125(-16%)
Revenue (FY, 2019)$309.2 M(-8%)
Share Price (Sept 2020)$20.1 (-1%)
Cybersecurity ratingAMore

Key People/Management at Washington Real Estate Investment Trust

Stephen E. Riffee

Stephen E. Riffee

Executive Vice President and Chief Financial Officer
Paul T. McDermott

Paul T. McDermott

Chairman and CEO
Taryn D. Fielder

Taryn D. Fielder

Senior Vice President, General Counsel and Corporate Secretary
Edward J. Murn

Edward J. Murn

Managing Director, Development and Multifamily Division
Tabitha M. Brittain

Tabitha M. Brittain

Vice President, Property Management
Anthony C. Chang

Anthony C. Chang

Vice President, Asset Management
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Washington Real Estate Investment Trust Office Locations

Washington Real Estate Investment Trust has an office in Washington
Washington, US (HQ)
1775 I St NW #1000
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Washington Real Estate Investment Trust Financials and Metrics

Washington Real Estate Investment Trust Revenue

Washington Real Estate Investment Trust's revenue was reported to be $309.18 m in FY, 2019
USD

Revenue (Q2, 2020)

72.9m

Gross profit (Q2, 2020)

46.0m

Gross profit margin (Q2, 2020), %

63.1%

Net income (Q2, 2020)

(5.4m)

EBIT (Q2, 2020)

3.6m

Market capitalization (29-Sept-2020)

1.7b

Closing stock price (29-Sept-2020)

20.1

Cash (30-Jun-2020)

8.0m

EV

1.8b
Washington Real Estate Investment Trust's current market capitalization is $1.7 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

298.0m308.0m305.0m263.0m295.9m313.1m321.4m325.1m336.9m309.2m

Revenue growth, %

10%6%2%

Cost of goods sold

8.6m8.9m10.1m8.3m8.8m23.1m116.2m115.6m

Gross profit

289.4m299.1m294.9m254.8m287.1m290.0m220.7m193.6m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

75.1m76.3m78.2m80.6m76.8m76.5m76.8m77.1m76.9m78.3m65.8m68.6m72.3m73.4m74.9m74.2m78.2m77.1m82.3m79.8m77.5m83.5m82.8m84.9m86.6m82.5m83.2m76.8m80.3m76.8m72.9m

Cost of goods sold

28.6m29.2m28.1m30.7m28.6m26.9m

Gross profit

53.9m54.0m48.7m49.6m48.2m46.0m

Gross profit Margin, %

65%65%63%62%63%63%
USDQ2, 2010

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

2.6 x
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Washington Real Estate Investment Trust Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Washington Real Estate Investment Trust Online and Social Media Presence

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Washington Real Estate Investment Trust News and Updates

Washington Real Estate Investment Trust Announces Update to Delivery Method for Annual Meeting Proxy Materials Due to COVID-19 Pandemic

WASHINGTON, DC, April 10, 2020 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust ("WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, announced an update to the delivery method for proxy materials rel…

Washington Real Estate Investment Trust Announces Fourth Quarter and Year-End Operating Results for 2019

WASHINGTON, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust ("WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter and year…

Washington Real Estate Investment Trust Announces Second Quarter Financial and Operating Results and Quarterly Dividend

WASHINGTON, July 25, 2019 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter ended Ju…

Washington Real Estate Investment Trust Confirms 2nd Quarter 2019 Earnings Release Date and Conference Call Information

WASHINGTON, June 14, 2019 (GLOBE NEWSWIRE) -- Washington REIT (Washington Real Estate Investment Trust – NYSE: WRE), a leading owner of commercial and multifamily properties in the Washington, DC area, will announce 2nd Quarter 2019 earnings in a press release to be issued on Thursday, July 25, 20…

Washington Real Estate Investment Trust Announces First Quarter Financial and Operating Results and Quarterly Dividend

WASHINGTON, April 24, 2019 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter ended M…

Washington Real Estate Investment Trust and Cardiovascular Systems Set to Join S&P SmallCap 600

NEW YORK, March 1, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600: Washington Real Estate Investment Trust (NYSE: WRE) will replace Investment Technology Group Inc. (NYSE: ITG) prior to the open of trading on Thursday, March 7. Virtu...
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Washington Real Estate Investment Trust Blogs

Washington Real Estate Investment Trust Frequently Asked Questions

  • When was Washington Real Estate Investment Trust founded?

    Washington Real Estate Investment Trust was founded in 1960.

  • Who are Washington Real Estate Investment Trust key executives?

    Washington Real Estate Investment Trust's key executives are Stephen E. Riffee, Paul T. McDermott and Taryn D. Fielder.

  • How many employees does Washington Real Estate Investment Trust have?

    Washington Real Estate Investment Trust has 125 employees.

  • What is Washington Real Estate Investment Trust revenue?

    Latest Washington Real Estate Investment Trust annual revenue is $309.2 m.

  • What is Washington Real Estate Investment Trust revenue per employee?

    Latest Washington Real Estate Investment Trust revenue per employee is $2.5 m.

  • Who are Washington Real Estate Investment Trust competitors?

    Competitors of Washington Real Estate Investment Trust include Renta Corporacion Real Estate, Pro Agents Realty and Josh DeShong Real Estate.

  • Where is Washington Real Estate Investment Trust headquarters?

    Washington Real Estate Investment Trust headquarters is located at 1775 I St NW #1000, Washington.

  • Where are Washington Real Estate Investment Trust offices?

    Washington Real Estate Investment Trust has an office in Washington.

  • How many offices does Washington Real Estate Investment Trust have?

    Washington Real Estate Investment Trust has 1 office.