Occupancy is falling, net operating income has plunged because of the COVID-19 pandemic, and the REIT's deleveraging efforts may be too little, too late. Washington Prime Group Inc (WPG) Q3 2020 Earnings Call Transcript Motley Fool Transcribers | Nov 6, 2020 WPG earnings call for the period ending September 30, 2020.
Full Answer
Should I buy WPG shares?
We have continued to buy to average down our Price we are at 20000 shares with average price of 1.56. We are Looking Good... Buy Buy Buy.. WPG has a lot of assets, this is not an fly by night air Company... These Buildings are Valuable assets. They can just get rid of the Common Stock Holders... I recommend everyone to Buy
Who holds Washington Prime Group (WPG) stock?
Only 14.12% of the stock of Washington Prime Group is held by institutions. Earnings for Washington Prime Group are expected to decrease by -10.66% in the coming year, from $3.47 to $3.10 per share.
What happened to Washington Prime Group stock after the reverse split?
The number of shares owned by shareholders was adjusted after the market closes on Monday, December 21st 2020. An investor that had 100 shares of Washington Prime Group stock prior to the reverse split would have 11 shares after the split.
Is Washington Prime Group efficiently growing its dividend?
Washington Prime Group does not have a long track record of dividend growth. In the past three months, Washington Prime Group insiders have not sold or bought any company stock. Only 1.39% of the stock of Washington Prime Group is held by insiders. Only 14.12% of the stock of Washington Prime Group is held by institutions.
How were Washington Prime Group's earnings last quarter?
Washington Prime Group Inc. (NYSE:WPG) announced its quarterly earnings data on Monday, August, 9th. The real estate investment trust reported ($4....
When did Washington Prime Group's stock split? How did Washington Prime Group's stock split work?
Washington Prime Group shares reverse split before market open on Tuesday, December 22nd 2020. The 1-9 reverse split was announced on Friday, Decem...
Who are Washington Prime Group's key executives?
Washington Prime Group's management team includes the following people: Louis G. Conforti , Chief Executive Officer & Director Mark Edward Yale ,...
What is Louis Conforti's approval rating as Washington Prime Group's CEO?
23 employees have rated Washington Prime Group CEO Louis Conforti on Glassdoor.com . Louis Conforti has an approval rating of 50% among Washington...
Who are some of Washington Prime Group's key competitors?
Some companies that are related to Washington Prime Group include Western Asset Mortgage Capital (WMC) , Power REIT (PW) , Power REIT (PW) , Ma...
What other stocks do shareholders of Washington Prime Group own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Prime Group investors own include New Residenti...
What is Washington Prime Group's stock symbol?
Washington Prime Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPG."
How much money does Washington Prime Group make?
Washington Prime Group has a market capitalization of $0.00 and generates $524.42 million in revenue each year. The real estate investment trust ea...
How many employees does Washington Prime Group have?
Washington Prime Group employs 745 workers across the globe.
About Washington Prime Group Inc
Washington Prime Group Inc. is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties.
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How long does it take for Washington Prime to pay interest?
Washington Prime has a grace period of 30 days to pay interest. If it fails to make the interest payment within the grace period, it will be treated as a willful default. If the company fails to make the payment, the senior noteholders can resort to recovery measures.
What is WPG REIT?
It seeks a remedy under the SEA (Securities Exchange Act) 1934. The self-administered and self-mana ged REIT (real estate investment trust) – WPG, which owns properties, carries out its business operations through Washington Prime. WPG holds a stake of 84.7% in Washington Prime.
When is the Washington Prime lawsuit?
The lawsuit is filed on behalf of the shareholders, who purchased shares of Washington Prime between November 5, 2020, and March 4, 2021.
Did Washington Prime disclose adverse facts?
Washington Prime did not reveal material adverse facts. Washington Prime did not disclose adverse material facts about its operations, business, and prospects. According to the lawsuit, the company did not provide details about its deteriorating financial condition.
