Should You Think About Buying Weingarten Realty Investors (NYSE:WRI) Now?
Weingarten Realty Investors (NYSE:WRI), which is in the reits business, and is based in United States, saw significant share price movement during recent months on the NYSE, rising to highs of US$32.10 and falling to the lows of US$29.10. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Weingarten Realty Investors's current trading price of US$29.67 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Weingarten Realty Investors’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
View our latest analysis for Weingarten Realty Investors
What is Weingarten Realty Investors worth?
Good news, investors! Weingarten Realty Investors is still a bargain right now. My valuation model shows that the intrinsic value for the stock is $41.48, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. Weingarten Realty Investors’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach its true value, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range.
What kind of growth will Weingarten Realty Investors generate?
Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. Though in the case of Weingarten Realty Investors, it is expected to deliver a highly negative earnings growth in the next few years, which doesn’t help build up its investment thesis. It appears that risk of future uncertainty is high, at least in the near term.
What this means for you:
Are you a shareholder? Although WRI is currently undervalued, the negative outlook does bring on some uncertainty, which equates to higher risk. Consider whether you want to increase your portfolio exposure to WRI, or whether diversifying into another stock may be a better move for your total risk and return.
Are you a potential investor? If you’ve been keeping an eye on WRI for a while, but hesitant on making the leap, I recommend you research further into the stock. Given its current undervaluation, now is a great time to make a decision. But keep in mind the risks that come with negative growth prospects in the future.
Price is just the tip of the iceberg. Dig deeper into what truly matters – the fundamentals – before you make a decision on Weingarten Realty Investors. You can find everything you need to know about Weingarten Realty Investors in the latest infographic research report. If you are no longer interested in Weingarten Realty Investors, you can use our free platform to see my list of over 50 other stocks with a high growth potential.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
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