Profile
Sector:
Real EstateIndustry:
RetailCountry:
United StatesIPO:
19 November 2012Website:
http://www.whlr.usNext earnings report:
N/ALast dividends:
27 December 2017Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:26:07 GMTDividend
Analysts recommendations
Institutional Ownership
WHLR Latest News
Wheeler Real Estate IT (NASDAQ: WHLR ) stock is rising on Wednesday after the real estate investment trusts ( REIT ) company announced plans to distribute unregistered shares. A press release from the company reveals that it will likely issue unregistered shares of WHLR stock to cover redemptions of Series D Preferred Stock in December.
Wheeler Real Estate (WHLR) stock price has crashed to a record low as concerns about the company's future continue. The REIT's shares plunged to a low of $0.4156 on Tuesday, down by over 99.9% from the highest point during the pandemic.
Wheeler Real Estate IT (NASDAQ: WHLR ) stock is soaring higher on Wednesday without any new news from the commercial real estate investment trust ( REIT ). The company hasn't made any filings with the Securities and Exchange Commission or put out any press releases that would act as a catalyst for today's movement.
Value-focused investors are always on the hunt for stocks that are priced below their intrinsic value. One such stock that merits attention is Wheeler Real Estate Investment Trust Inc ( WHLR , Financial).
Wheeler REIT is facing a potential dilution crisis as the deadline for Series D preferred shares to be converted into cash or common shares approaches on September 21, 2023. The company intends significant additional amounts of common stock be issued, which could cause significant selling pressure across Wheeler share classes. The situation could lead to a massive dilution with little benefit for any stakeholders, obscuring otherwise good operating results at the Wheeler entity level.
What type of business is Wheeler Real Estate Investment Trust?
Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR ) is a fully integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.
What sector is Wheeler Real Estate Investment Trust in?
Wheeler Real Estate Investment Trust is in the Real Estate sector
What industry is Wheeler Real Estate Investment Trust in?
Wheeler Real Estate Investment Trust is in the Retail industry
What country is Wheeler Real Estate Investment Trust from?
Wheeler Real Estate Investment Trust is headquartered in United States
When did Wheeler Real Estate Investment Trust go public?
Wheeler Real Estate Investment Trust initial public offering (IPO) was on 19 November 2012
What is Wheeler Real Estate Investment Trust website?
https://www.whlr.us
Is Wheeler Real Estate Investment Trust in the S&P 500?
No, Wheeler Real Estate Investment Trust is not included in the S&P 500 index
Is Wheeler Real Estate Investment Trust in the NASDAQ 100?
No, Wheeler Real Estate Investment Trust is not included in the NASDAQ 100 index
Is Wheeler Real Estate Investment Trust in the Dow Jones?
No, Wheeler Real Estate Investment Trust is not included in the Dow Jones index
When does Wheeler Real Estate Investment Trust report earnings?
Next earnings report date is not announced yet