Wheeler Real Estate Investment Trust Inc | REIT Profile

Symbol: WHLR
CIK: 1527541
Exchange: NASDAQ
Founded: 2011 (11 years)
HQ: Virginia Beach, VA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Retail
Internally Managed REIT

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See WHLR on SEC.gov

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Overall Score: 4.5

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Wheeler Real Estate Investment Trust Inc Company Logo

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Hightlights of Trading Day January 14, 2022


Open Price: $1.75
Closing Price: $1.71
Price Change: 0.04 (2.395%)
Lowest Price: $1.66
Highest Price: $1.75

52-Week Low: $1.60
52-Week High: $7.36
52-Week Change: -39.27%

5 Day Price Change: -16.08%
1 Month Price Change: -9.73%
3 Month Price Change: -39.49%
6 Month Price Change: -47.65%
YTD Price Change: -13.92%
1 Year Price Change: -37.92%
2 Year Price Change: -1.77%
5 Year Price Change: -86.12%

Dividend of Trading Day January 14, 2022 [Dividends Currently Suspended]


Dividend Yield: 98.246%*
Annualized Dividend: $1.68*
Dividend Yield (TTM): N/A
Annualized Dividend (TTM): N/A
Ex-Dividend Date: N/A
Dividend Frequency: Quarterly

REITBOT™ Alert
Dividends have been suspended for this REIT.


*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


See more news headlines for Wheeler Real Estate Investment Trust Inc

Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day January 14, 2022


Total Cash: N/A
Current Debt: N/A
Revenue: N/A
Gross Profit: N/A
Total Revenue: N/A
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: N/A
Revenue Per Employee: N/A
Employee: 35
Debt to Equity Ratio (D/E): N/A
Profit Margin: N/A
Enterprise Value (EV): N/A
Enterprise Value to Revenue (EV/R): N/A
Price to Sales (P/S): N/A
Price to Book (P/B): N/A
Price/Earnings-to-Growth (PEG) Ratio: N/A
P/E Ratio: N/A
P/E High: N/A
P/E Low: N/A
Forward P/E Ratio: N/A
Market Capitalization: $16,644,776
Beta: 0.39
Latest Volume: 14,204
Avg. Total Volume: 29,324
Avg. 10-Day Volume: 27,531
Avg. 30-Day Volume: 29,324
TTM EPS: N/A
Shares Outstanding: 9,733,787
Float: N/A
50-Day Moving Avg.: $1.92
200-Day Moving Avg.: $2.74

Latest REIT Community Comments on #WHLR


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Properties Owned by WHLR


Properties Based on REIT's Official Presentation

Properties Types States Countries
68 1 13 1

Please visit REIT’s official webpage for the most up-to-date property list.

WHLR Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $2.05 per share you would have been able to buy 487 shares of WHLR on 2021-01-16 costing $998.35 @ $2.05 per share you would have been able to buy 243 shares of WHLR on 2021-01-16 costing $498.15 @ $2.05 per share you would have been able to buy 121 shares of WHLR on 2021-01-16 costing $248.05 @ $2.05 per share you would have been able to buy 48 shares of WHLR on 2021-01-16 costing $98.40 @ $2.05 per share you would have been able to buy 24 shares of WHLR on 2021-01-16 costing $49.20
Current worth On 2022-01-14 these 487 shares would be worth $832.77 @ $1.71 On 2022-01-14 these 243 shares would be worth $415.53 @ $1.71 On 2022-01-14 these 121 shares would be worth $206.91 @ $1.71 On 2022-01-14 these 48 shares would be worth $82.08 @ $1.71 On 2022-01-14 these 24 shares would be worth $41.04 @ $1.71
Dividends earned $0.00 in dividends would have been earned since 2021-01-16 with 487 shares. $0 in dividends would have been earned since 2021-01-16 with 243 shares. $0.00 in dividends would have been earned since 2021-01-16 with 121 shares. $0.00 in dividends would have been earned since 2021-01-16 with 48 shares. $0.00 in dividends would have been earned since 2021-01-16 with 243 shares.
Net (gain / loss)* -165.58 USD -82.62 USD -41.14 USD -16.32 USD -8.16 USD
ROI** -16.59% -16.59% -16.59% -16.59% -16.59%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History [Dividends Currently Suspended]


Below are the most recent cash dividends paid by WHLR. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
WHLR 2018-03-29 0.420 --- 2017-02-27 2018-03-30 2018-04-15
WHLR 2017-12-28 0.420 23.53% 2017-02-27 2017-12-29 2018-01-15
WHLR 2017-12-27 0.340 -19.05% 2017-12-14 2017-12-28 2018-01-15
WHLR 2017-09-28 0.420 --- 2017-02-27 2017-09-29 2017-10-15
WHLR 2017-06-28 0.420 2,300.00% 2017-02-27 2017-06-30 2017-07-15
WHLR 2017-03-29 0.018 --- 2017-03-17 2017-03-31 2017-04-28
WHLR 2017-02-24 0.018 --- 2017-02-16 2017-02-28 2017-03-31
WHLR 2017-01-27 0.018 --- 2017-01-18 2017-01-31 2017-02-28
WHLR 2016-12-28 0.018 --- 2016-12-20 2016-12-30 2017-01-31
WHLR 2016-11-28 0.018 --- 2016-11-22 2016-11-30 2016-12-30
WHLR 2016-10-27 0.018 --- 2016-10-18 2016-10-31 2016-11-30
WHLR 2016-09-28 0.018 --- 2016-09-19 2016-09-30 2016-10-31
WHLR 2016-08-29 0.018 --- 2016-08-18 2016-08-31 2016-09-30
WHLR 2016-07-28 0.018 --- 2016-07-20 2016-07-31 2016-08-31
WHLR 2016-06-28 0.018 --- 2016-06-17 2016-06-30 2016-07-31
WHLR 2016-05-26 0.018 --- 2016-05-17 2016-05-31 2016-06-30
WHLR 2016-04-28 0.018 --- 2016-04-18 2016-04-30 2016-05-31
WHLR 2016-03-29 0.018 --- 2016-03-16 2016-03-31 2016-04-30
WHLR 2016-02-25 0.018 --- 2016-02-17 2016-02-29 2016-03-31
WHLR 2016-01-28 0.018 --- 2016-01-19 2016-01-31 2016-02-29

Financial Statements Overview


The next Earnings Report for WHLR is 2022-02-24

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Current Cash 22,937,000 23,238,000 21,591,000 22,527,000
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 0 0 0 0
Property, Plant & Equipment Net 11,555,000 11,603,000 11,651,000 11,698,000
Goodwill 0 0 0 0
Intangible Assets 4,452,000 22,440,000 24,597,000 28,186,000
Other Assets 25,158,000 8,927,000 3,406,000 2,505,000
Net Tangible Assets 109,553,000 109,284,000 111,152,000 111,814,000
Total Assets 477,186,000 479,149,000 484,365,000 489,201,000
Accounts Payable 0 0 0 0
Liabilities (Other) 22,029,000 19,597,000 18,299,000 20,561,000
Current Liabilities (Other) 0 0 0 0
Total Current Liabilities 0 0 0 0
Current Long-term Debt 41,053,000 46,171,000 57,359,000 64,391,000
Long-term Debt 302,188,000 301,589,000 294,892,000 290,197,000
Total Liabilities 365,562,000 367,794,000 371,133,000 375,293,000
Minority Interest 14,000 -9,000 -5,000 -1,000
Common Stock 9,694,284 9,694,284 9,694,284 9,693,271
Retained Earnings -258,372,000 -256,037,000 -251,580,000 -248,319,000
Treasury Stock 0 0 0 0
Capital Surplus 233,884,000 233,870,000 233,870,000 233,861,000
Shareholder Equity 109,553,000 109,284,000 111,152,000 111,814,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Total Revenue 15,488,000 15,393,000 15,460,000 15,400,000
Cost of Revenue 8,919,000 9,249,000 9,313,000 9,869,000
Gross Profit 6,569,000 6,144,000 6,147,000 5,531,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 10,965,000 11,257,000 11,503,000 11,178,000
Operating Income 4,523,000 4,118,000 3,923,000 4,182,000
Income Expense Net (Other) -4,261,000 -5,987,000 -4,607,000 -5,134,000
EBIT 4,523,000 4,118,000 3,923,000 4,182,000
Interest Income 4,273,000 4,400,000 4,591,000 4,654,000
Pretax Income 262,000 -1,869,000 -684,000 -952,000
Income Tax -6,000 8,000 -8,000 8,000
Minority Interest 14,000 -9,000 -5,000 -1,000
Net Income 254,000 -1,868,000 -671,000 -959,000
Net Income Basic -3,403,000 -5,525,000 -4,328,000 -4,616,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Net Income 254,000 -1,868,000 -671,000 -959,000
Depreciation 4,346,000 4,526,000 4,474,000 4,901,000
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change -301,000 1,647,000 -936,000 2,167,000
Cash Flow 4,271,000 3,223,000 2,637,000 4,809,000
Capital Expenditures -218,000 -326,000 -1,306,000 -459,000
Investments 0 1,665,000 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -218,000 1,339,000 -1,306,000 -459,000
Dividends Paid 0 0 0 0
Net Borrowings -4,906,000 -2,915,000 -2,267,000 -2,183,000
Cash Flow Financing -4,354,000 -2,915,000 -2,267,000 -2,183,000
Financing Cash Flows (Other) 552,000 0 0 0
Exchange Rate Effect 0 0 0 0

About Wheeler Real Estate Investment Trust Inc


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 consist 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).

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
0 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
Rating AFFO & Efficiency Section Avg. Rating
7 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 7.7
4 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
7 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
8 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
2 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.2
8 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.7
4 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
10 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
2 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
4 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
5 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
4 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
7 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.1
9 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.4
8 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
Rating Market Cap Section Avg. Rating
4.5 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this WHLR. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
Alex City Marketplace Retail 935 Market Pl Alexander City AL
Amscot Building Retail 160 W Fletcher Avenue Tampa FL
Beaver Ruin Village I Retail 4145 - 4155 Lawrenceville Hwy NW Lilburn GA

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Last updated: 2022-01-16 - v2.8