Weingarten Realty Investors Reaches New 52-Week High (WRI)

NEW YORK ( TheStreet) -- Weingarten Realty Investors (NYSE: WRI) hit a new 52-week high Tuesday as it is currently trading at $27, above its previous 52-week high of $26.95 with 121,760 shares traded as of 10:35 a.m. ET. Average volume has been 887,500 shares over the past 30 days.

Weingarten Realty Investors has a market cap of $3.23 billion and is part of the financial sector and real estate industry. Shares are up 21.7% year to date as of the close of trading on Monday.

Weingarten Realty Investors operates as a real estate investment trust (REIT). The company engages in the management, acquisition, and development of real estate. It operates in two segments, Shopping Center and Industrial.

TheStreet Ratings rates Weingarten Realty Investors as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Weingarten Realty Investors Ratings Report.

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