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Wheeler Real Estate Investment Trust

OverviewSuggest Edit

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust (WHLR) was formed with the primary objective of acquiring, financing, developing, leasing, owning and managing income producing assets such as strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties. WHLR’s portfolio consists of strategically selected properties that are located in the Mid-Atlantic, Southeast and Southwest regions of the United States, and are generally leased by nationally and regionally recognized retailers of consumer goods (Food Lion / CVS / TJ Maxx).
TypePublic
Founded1999
HQVirginia Beach, VA, USMap
Websitewhlr.us
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Employees (est.) (Dec 2019)47(-6%)
Revenue (FY, 2020)$61 M(-3%)
Share Price (Oct 2021)$2.6(+3%)
Cybersecurity ratingAMore
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Key People/Management at Wheeler Real Estate Investment Trust

Dave Kelly

Dave Kelly

President and Chief Executive Officer
Rebecca Schiefer

Rebecca Schiefer

Director of Accounting
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Wheeler Real Estate Investment Trust Office Locations

Wheeler Real Estate Investment Trust has offices in Virginia Beach and Charleston
Virginia Beach, VA, US (HQ)
2529 Virginia Beach Blvd
Charleston, SC, US
211 King St
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Wheeler Real Estate Investment Trust Financials and Metrics

Wheeler Real Estate Investment Trust Revenue

Wheeler Real Estate Investment Trust's revenue was reported to be $61 m in FY, 2020
USD

Revenue (FY, 2020)

61.0m

Net income (FY, 2020)

287.0k

EBIT (FY, 2020)

18.4m

Market capitalization (22-Oct-2021)

25.2m

Closing stock price (22-Oct-2021)

2.6

Cash (31-Dec-2020)

7.7m

EV

365.0m
Wheeler Real Estate Investment Trust's current market capitalization is $25.2 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.4m8.7m17.2m27.7m44.2m58.5m65.7m63.2m61.0m

Revenue growth, %

97%62%59%

Sales and marketing expense

35.8k

General and administrative expense

1.3m5.3m9.5m13.5m9.9m7.4m8.2m6.6m5.8m
Quarterly
USDQ3, 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

488.7k1.6m1.6m2.0m3.7m3.6m4.2m5.8m6.7m7.2m9.1m11.1m11.9m14.3m14.7m15.2m16.3m17.1m16.2m16.0m15.5m15.6m15.6m15.2m

Sales and marketing expense

568.0

General and administrative expense

344.3k583.8k1.6m2.6m832.3k1.4m2.3m3.5m4.9m2.3m2.5m1.5m2.2m1.3m1.3m2.5m2.3m1.7m1.8m1.4m1.3m1.9m1.6m

Operating expense total

344.9k583.8k1.6m2.6m832.3k1.4m6.4m2.3m3.5m4.9m2.3m2.5m1.5m2.2m1.3m1.3m2.5m2.3m2.0m1.8m1.4m1.3m1.9m1.6m
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

2.1m1.2m10.0m11.3m4.9m3.7m3.5m5.5m7.7m

Accounts Receivable

1.6m2.0m3.5m5.6m5.5m6.9m9.2m

Inventories

Goodwill

7.0m5.5m5.5m5.5m
Quarterly
USDQ3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

53.6k1.1m865.9k1.8m2.1m16.2m19.9m81.0m49.2m8.0m7.0m2.7m35.8m4.7m7.1m5.7m5.1m4.1m3.6m4.2m3.9m5.2m6.7m7.7m

Accounts Receivable

903.1k1.9m1.7m1.8m2.1m2.2m2.1m3.1m3.1m3.2m3.4m3.7m5.1m4.6m5.5m4.7m5.6m5.5m5.9m6.1m8.7m

Goodwill

7.0m5.5m5.5m5.5m5.5m5.5m5.5m5.5m5.5m5.5m5.5m5.5m

Total Assets

14.6m51.4m62.3m99.1m125.1m140.2m188.3m288.0m301.2m339.0m301.9m365.8m404.6m481.5m476.8m471.1m542.8m535.8m527.1m509.1m498.8m489.2m479.1m477.2m
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(1.2m)(3.7m)(10.6m)(18.8m)(12.2m)(12.8m)(16.9m)(8.1m)287.0k

Depreciation and Amortization

822.2k3.5m8.2m16.9m20.6m26.2m27.1m21.3m17.3m

Accounts Payable

2.8m(522.5k)79.0k2.5m3.4m2.1m(2.2m)(187.0k)

Cash From Operating Activities

(289.9k)(2.5m)(4.4m)(9.3m)10.4m24.8m22.0m15.3m15.8m
Quarterly
USDQ3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(765.5k)(433.7k)(1.7m)(3.4m)(1.2m)(3.2m)(7.2m)(4.2m)(9.5m)(16.7m)(3.6m)(6.6m)(8.2m)(1.2m)(1.9m)(4.1m)(1.9m)(3.4m)(4.0m)655.0k(6.5m)(7.5m)(1.9m)(1.6m)

Depreciation and Amortization

556.5k648.1k1.3m2.2m1.8m3.5m5.7m3.2m7.3m11.7m4.9m10.3m15.3m6.4m12.7m20.5m4.3m14.9m20.9m5.8m5.0m16.2m4.8m9.2m

Accounts Payable

734.7k3.4m(67.2k)493.2k30.9k247.7k607.9k2.0m329.6k3.1m3.3m1.7m2.7m3.8m346.0k1.6m2.5m(1.8m)(1.8m)(1.7m)(49.0k)2.1m

Cash From Operating Activities

27.6k(74.6k)(1.3m)(1.7m)62.9k(1.6m)(4.7m)(4.7m)(12.2m)(6.7m)661.8k5.7m11.0m6.8m13.9m18.5m6.5m12.6m18.5m2.7m7.8m12.6m3.2m7.5m
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USDQ3, 2012

Debt/Equity

74.1 x

Debt/Assets

1.4 x

Financial Leverage

53.8 x
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Wheeler Real Estate Investment Trust Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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Wheeler Real Estate Investment Trust Online and Social Media Presence

Wheeler Real Estate Investment Trust's Trends

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Wheeler Real Estate Investment Trust News and Updates

August 05, 2019

Wheeler Real Estate Investment Trust, Inc. Announces 2019 Second Quarter and First Half Financial Results

VIRGINIA BEACH, Va., Aug. 05, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) today reported operating and financial results for the three and six months ended June 30, 2019.
July 02, 2019

Wheeler Real Estate Investment Trust Reduces KeyBank Line of Credit Carried Balance

VIRGINIA BEACH, Va., July 02, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary…
May 23, 2019

Andrew Jones Becomes Chairman of Wheeler Real Estate Investment Trust, Inc.

VIRGINIA BEACH, Va., May 23, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary …
May 20, 2019

John Sweet Resigns as Chairman of Wheeler Real Estate Investment Trust, Inc.

VIRGINIA BEACH, Va., May 20, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary …
May 01, 2019

Wheeler Real Estate Investment Trust, Inc. Announces 2019 First Quarter Financial Results

VIRGINIA BEACH, Va., May 01, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) today reported operating and financial results for the three months ending March 31, 2019.
February 26, 2019

Wheeler Real Estate Investment Trust, Inc. Announces 2018 Fourth Quarter and Year-End Financial Results

VIRGINIA BEACH, Va., Feb. 26, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) today reported operating and financial results for the three and twelve months ending December 31, 2018.
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 Wheeler Real Estate Investment Trust Frequently Asked Questions

  • When was Wheeler Real Estate Investment Trust founded?

    Wheeler Real Estate Investment Trust was founded in 1999.

  • Who are Wheeler Real Estate Investment Trust key executives?

    Wheeler Real Estate Investment Trust's key executives are Dave Kelly and Rebecca Schiefer.

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

    Wheeler Real Estate Investment Trust has 47 employees.

  • What is Wheeler Real Estate Investment Trust revenue?

    Latest Wheeler Real Estate Investment Trust annual revenue is $61 m.

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

    Latest Wheeler Real Estate Investment Trust revenue per employee is $1.3 m.

  • Who are Wheeler Real Estate Investment Trust competitors?

    Competitors of Wheeler Real Estate Investment Trust include RentHop, UniLodge and Nexvia.

  • Where is Wheeler Real Estate Investment Trust headquarters?

    Wheeler Real Estate Investment Trust headquarters is located at 2529 Virginia Beach Blvd, Virginia Beach.

  • Where are Wheeler Real Estate Investment Trust offices?

    Wheeler Real Estate Investment Trust has offices in Virginia Beach and Charleston.

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

    Wheeler Real Estate Investment Trust has 2 offices.