0.7200 +0.02 (2.58%)
Pre-market: 8:33AM EDT
|Bid||0.6999 x 1800|
|Ask||0.0000 x 800|
|Day's range||0.6749 - 0.7101|
|52-week range||0.5590 - 4.6900|
|Beta (5Y monthly)||1.63|
|PE ratio (TTM)||N/A|
|Earnings date||22 Jul 2020 - 27 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||06 Mar 2020|
|1y target est||1.00|
Washington Prime Group Inc. (NYSE: WPG) today announced that it has launched ScholarSpree, a celebration of high school seniors nationwide. During the next few months the Company will be honoring the Class of 2020’s accomplishments with outdoor and digital activities with a focus on everyone’s safety during the coronavirus (COVID-19) pandemic.
Washington Prime Group Inc. (NYSE: WPG) today reported financial and operating results for the first quarter ended March 31, 2020. As previously announced, and due to the coronavirus (COVID-19) pandemic, the Company has withdrawn its full-year 2020 guidance issued on February 26, 2020. The Company is not providing updated guidance at this time.
Washington Prime Group Inc. (NYSE: WPG) today announced that it has launched Fulventory, an initiative which allows tenants to utilize space within the Company’s assets for last mile fulfillment and BOPIS (buy online and pickup in store), as well as inventory clearance. As BOPIS and BORIS (buy online and return in store) continue to gain traction with consumers, Fulventory captures the nexus between physical space and eCommerce and advances the symbiotic relationship which exists between the two.
Washington Prime Group Inc. (NYSE: WPG) today announced that on April 28, 2020, it received notice from the New York Stock Exchange (NYSE) that the Company does not presently meet certain NYSE continued listing standards which require the Company to maintain a minimum average closing price of $1.00 per share over a period of 30 consecutive trading days.
Washington Prime Group Inc. (NYSE: WPG) today announced that financial and operating results for the quarter ended March 31, 2020 are expected to be released after the close of market on May 7, 2020. Due to the unprecedented uncertainty from the coronavirus (COVID-19) pandemic, the Company will not hold a first quarter earnings conference call. However, the Company expects to resume hosting its earnings conference call in subsequent quarters.
Washington Prime Group Inc. (NYSE: WPG) today released its most recent Well Picked Goods, a weekly digital curation of merchandise peppered with a mediocre attempt at witty commentary by Washington Prime Group’s CEO. This week’s selection comes from the local management team at The Outlet Collection® | Seattle, located in Auburn, Washington.
Washington Prime Group Inc. (NYSE: WPG) today announced Well Picked Goods, a weekly digital curation of merchandise selected by the General Manager of the featured town center. Comprised of offerings from our local, regional and national tenants, expect to see the practical as well as whimsical.
Washington Prime Group Inc. (NYSE: WPG) today announced that the Company has partnered with the Institute for Justice Clinic on Entrepreneurship and members of the University of Chicago faculty to launch the Open for Small Business initiative. Nobel Laureate Richard Thaler, Freakonomics author Steven Levitt and Institute Director Elizabeth Kregor have joined forces with Washington Prime Group to address the unprecedented business closures resulting from the coronavirus (COVID-19) pandemic. This initiative recognizes the essential role small businesses play as a major driver of the US economy as well as comprising a substantial percentage of retail oriented tenancy.
Washington Prime Group Inc. (NYSE: WPG) today announced that due to the heightened uncertainty relating to the duration and potential impact of the coronavirus (COVID-19) pandemic with respect to consumer facing sectors including our own, the Company is taking proactive measures to enhance its overall liquidity position. This includes a further reduction of the Company’s cash dividend for common shares and operating partnership units.
Washington Prime Group Inc. (NYSE: WPG) today announced that it has repaid in full the $250 million senior unsecured notes maturing April 2020.
COLUMBUS, Ohio (AP) _ Washington Prime Group Inc. (WPG) on Wednesday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Columbus, Ohio, said it had funds from operations of $70.1 million, or 31 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.
Washington Prime Group Inc. (WPG) today announced new hotel and residential uses at the site of its three Oklahoma City properties, further enhancing the Company’s owned retail components which total approximately 310,000 SF. The planned 120-room Ellison Hotel is expected to open in 2021 on The Triangle of Classen Curve site just north of Whole Foods.
Washington Prime Group now has control of the former Elder Beerman (Bon-Ton Stores) space following a recent purchase of the 15-acre siteThe Company plans to invest in the.