Wheeler Real Estate Investment Trust

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).
Type
Public
HQ
Virginia Beach, US
Founded
1999
Website
whlr.us
Wheeler Real Estate Investment Trust was founded in 1999 and is headquartered in Virginia Beach, US

Key People at Wheeler Real Estate Investment Trust

Jon S. Wheeler

Jon S. Wheeler

CEO

Wheeler Real Estate Investment Trust Office Locations

Wheeler Real Estate Investment Trust has offices in Virginia Beach, Charleston
Virginia Beach, US (HQ)
2529 Virginia Beach Blvd
Charleston, US
Majestic Square 211 King Street, Suite 100

Wheeler Real Estate Investment Trust Metrics

Wheeler Real Estate Investment Trust Financial Metrics

Revenue (2016)

$44.2 m

Revenue growth (2015-16), %

59%

Net income (2016)

($12.2 m)

Market capitalization (21-Mar-2017)

$118.6 m

Closing share price (21-Mar-2017)

$1.7

Cash (31-Dec-2016)

$4.9 m
Wheeler Real Estate Investment Trust's current market capitalization is $118.6 m.
Wheeler Real Estate Investment Trust's revenue was reported to be $44.2 m in FY, 2016 which is a 59.2% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$8.7 m$17.2 m$27.7 m$44.2 m

Revenue growth, %

97%62%59%

Operating expense total

$10.6 m$22.1 m$40.1 m$44.5 m

EBIT

($1.9 m)($4.9 m)($12.3 m)($291.1 k)

EBIT margin, %

(22%)(29%)(44%)(1%)

Interest expense

$2.5 m$6.8 m($9 m)($13.4 m)

Interest income

$691.9 k

Income tax expense

($107.5 k)

Net Income

($4.4 m)($11.7 m)($18.8 m)($12.2 m)
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$11.3 m$4.9 m

Accounts Receivable

Inventories

Goodwill

$5.5 m$5.5 m

Total Assets

$314 m$489 m

Accounts Payable

Common Stock

$680.3 k

Preferred Stock

$453 k$52.5 m

Additional Paid-in Capital

$220.4 m$223.3 m

Retained Earnings

($140.3 m)($170.4 m)

Total Equity

$107.4 m$105.2 m

Financial Leverage

2.9 x4.6 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($4.4 m)($11.7 m)($18.8 m)($12.2 m)

Depreciation and Amortization

$3.5 m$8.2 m$16.9 m$20.6 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

($898.1 k)$8.8 m($9.3 m)

Capital Expenditures

($531.3 k)($2 m)

Cash From Investing Activities

($52.9 m)($60.5 m)

Cash From Financing Activities

$63.6 m$44.5 m

Interest Paid

$8.3 m$11 m

Free Cash Flow

($8.8 m)

Wheeler Real Estate Investment Trust Market Value History

Wheeler Real Estate Investment Trust Online Presence

Wheeler Real Estate Investment Trust News

Wheeler Real Estate Investment Trust Company Life

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