Loading...

We've got a brand new version of Simply Wall St! Try it out

Wheeler Real Estate Investment Trust

Nasdaq:WHLR.D
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WHLR.D
Nasdaq
$19M
Imp Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. The last earnings update was 12 days ago. More info.


Add to Portfolio Compare Print
WHLR.D Share Price and Events
7 Day Returns
1.4%
NasdaqCM:WHLR.D
1.3%
US REITs
0.7%
US Market
1 Year Returns
-17.8%
NasdaqCM:WHLR.D
14.2%
US REITs
13.7%
US Market
WHLR.D Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wheeler Real Estate Investment Trust (WHLR.D) 1.4% -2% 4.9% -17.8% -39.5% -
US REITs 1.3% -2.3% 1.2% 14.2% 23.7% 24.7%
US Market 0.7% 4.7% 6.1% 13.7% 39.2% 44.5%
1 Year Return vs Industry and Market
  • WHLR.D underperformed the REITs industry which returned 14.2% over the past year.
  • WHLR.D underperformed the Market in United States of America which returned 13.7% over the past year.
Price Volatility
WHLR.D
Industry
5yr Volatility vs Market

Value

 Is Wheeler Real Estate Investment Trust undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Wheeler Real Estate Investment Trust is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Wheeler Real Estate Investment Trust has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Wheeler Real Estate Investment Trust. This is due to cash flow or dividend data being unavailable. The share price is $14.95.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Wheeler Real Estate Investment Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wheeler Real Estate Investment Trust's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:WHLR.D PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-3.13
NasdaqCM:WHLR Share Price ** NasdaqCM (2019-11-18) in USD $1.89
United States of America REITs Industry PE Ratio Median Figure of 144 Publicly-Listed REITs Companies 38.22x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Wheeler Real Estate Investment Trust.

NasdaqCM:WHLR.D PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:WHLR Share Price ÷ EPS (both in USD)

= 1.89 ÷ -3.13

-0.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wheeler Real Estate Investment Trust is loss making, we can't compare its value to the US REITs industry average.
  • Wheeler Real Estate Investment Trust is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Wheeler Real Estate Investment Trust's expected growth come at a high price?
Raw Data
NasdaqCM:WHLR.D PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America REITs Industry PEG Ratio Median Figure of 133 Publicly-Listed REITs Companies 2.43x
United States of America Market PEG Ratio Median Figure of 2,038 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Wheeler Real Estate Investment Trust, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Wheeler Real Estate Investment Trust's assets?
Raw Data
NasdaqCM:WHLR.D PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $-1.48
NasdaqCM:WHLR Share Price * NasdaqCM (2019-11-18) in USD $1.89
United States of America REITs Industry PB Ratio Median Figure of 183 Publicly-Listed REITs Companies 1.99x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.76x
NasdaqCM:WHLR.D PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:WHLR Share Price ÷ Book Value per Share (both in USD)

= 1.89 ÷ -1.48

-1.28x

* Primary Listing of Wheeler Real Estate Investment Trust.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wheeler Real Estate Investment Trust has negative assets, we can't compare the value of its assets to the US REITs industry average.

Next steps:

  1. Take a look at our analysis of WHLR.D’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Wheeler Real Estate Investment Trust's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the REITs industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Wheeler Real Estate Investment Trust's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Wheeler Real Estate Investment Trust has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Wheeler Real Estate Investment Trust expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wheeler Real Estate Investment Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.8%
Expected REITs industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wheeler Real Estate Investment Trust expected to grow at an attractive rate?
  • Unable to compare Wheeler Real Estate Investment Trust's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Wheeler Real Estate Investment Trust's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Wheeler Real Estate Investment Trust's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:WHLR.D Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America REITs Industry Earnings Growth Rate Market Cap Weighted Average 7.8%
United States of America REITs Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:WHLR.D Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:WHLR.D Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqCM:WHLR.D Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 63 16 -30
2019-06-30 64 17 -29
2019-03-31 65 18 -24
2018-12-31 66 22 -26
2018-09-30 64 24 -25
2018-06-30 63 23 -26
2018-03-31 61 24 -23
2017-12-31 59 24 -24
2017-09-30 56 20 -19
2017-06-30 53 18 -17
2017-03-31 49 16 -18
2016-12-31 44 11 -17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Wheeler Real Estate Investment Trust is high growth as no earnings estimate data is available.
  • Unable to determine if Wheeler Real Estate Investment Trust is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:WHLR.D Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Wheeler Real Estate Investment Trust Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:WHLR.D Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqCM:WHLR.D Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -3.13
2019-06-30 -3.08
2019-03-31 -2.57
2018-12-31 -2.84
2018-09-30 -2.78
2018-06-30 -2.91
2018-03-31 -2.69
2017-12-31 -2.72
2017-09-30 -2.22
2017-06-30 -2.03
2017-03-31 -2.13
2016-12-31 -1.99

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Wheeler Real Estate Investment Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of WHLR.D’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Wheeler Real Estate Investment Trust's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Wheeler Real Estate Investment Trust's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Wheeler Real Estate Investment Trust's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Wheeler Real Estate Investment Trust has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Wheeler Real Estate Investment Trust performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Wheeler Real Estate Investment Trust's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Wheeler Real Estate Investment Trust does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Wheeler Real Estate Investment Trust's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Wheeler Real Estate Investment Trust's 1-year growth to the US REITs industry average as it is not currently profitable.
Earnings and Revenue History
Wheeler Real Estate Investment Trust's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Wheeler Real Estate Investment Trust Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:WHLR.D Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 63.49 -30.16 6.03
2019-06-30 64.00 -29.35 6.41
2019-03-31 65.41 -24.28 7.30
2018-12-31 65.71 -26.29 8.00
2018-09-30 63.60 -25.17 5.31
2018-06-30 62.73 -25.92 5.51
2018-03-31 60.51 -23.48 5.19
2017-12-31 58.54 -23.58 5.15
2017-09-30 56.27 -19.12 7.02
2017-06-30 52.98 -17.35 7.29
2017-03-31 49.34 -18.11 8.13
2016-12-31 44.16 -16.74 9.47
2016-09-30 41.37 -15.45 3.12
2016-06-30 36.60 -35.01 6.12
2016-03-31 31.60 -103.85 7.07
2015-12-31 27.62 -106.40 14.59
2015-09-30 23.78 -106.63 15.86
2015-06-30 20.14 -89.00 13.69
2015-03-31 16.36 -18.69 11.29
2014-12-31 14.85 -13.58 9.45
2014-09-30 12.96 -8.68 6.86
2014-06-30 11.43 -5.76 5.32
2014-03-31 10.75 -4.57 5.55
2013-12-31 7.61 -3.28 4.59
2013-09-30 6.15 -3.92 4.16
2013-06-30 4.67 -2.49 3.03
2013-03-31 3.52 -1.46 1.72
2012-12-31 2.43 -1.16 1.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Wheeler Real Estate Investment Trust has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Wheeler Real Estate Investment Trust has efficiently used its assets last year compared to the US REITs industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Wheeler Real Estate Investment Trust improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Wheeler Real Estate Investment Trust's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Wheeler Real Estate Investment Trust has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Wheeler Real Estate Investment Trust's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Wheeler Real Estate Investment Trust's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wheeler Real Estate Investment Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wheeler Real Estate Investment Trust's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Wheeler Real Estate Investment Trust's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Wheeler Real Estate Investment Trust Company Filings, last reported 1 month ago.

NasdaqCM:WHLR.D Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 113.91 342.81 5.23
2019-06-30 114.87 346.56 3.93
2019-03-31 122.03 348.65 4.16
2018-12-31 121.21 360.12 3.54
2018-09-30 133.88 354.09 3.64
2018-06-30 137.34 365.92 4.05
2018-03-31 141.54 373.05 5.15
2017-12-31 123.83 307.38 3.68
2017-09-30 137.96 306.96 5.66
2017-06-30 145.45 305.02 7.05
2017-03-31 151.49 305.89 4.66
2016-12-31 157.72 305.97 4.86
2016-09-30 152.62 231.77 35.82
2016-06-30 97.77 248.20 2.65
2016-03-31 101.22 184.97 7.03
2015-12-31 107.37 184.63 10.48
2015-09-30 113.38 186.28 7.99
2015-06-30 124.09 163.83 49.17
2015-03-31 133.16 147.63 80.96
2014-12-31 53.12 122.30 9.97
2014-09-30 52.83 129.79 19.86
2014-06-30 38.94 95.24 16.24
2014-03-31 23.36 96.48 2.14
2013-12-31 25.61 94.56 1.16
2013-09-30 25.66 66.78 1.82
2013-06-30 13.45 44.10 0.87
2013-03-31 15.21 31.82 1.05
2012-12-31 16.23 31.84 2.05
  • Wheeler Real Estate Investment Trust's level of debt (301%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (245.5% vs 301% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Wheeler Real Estate Investment Trust has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Wheeler Real Estate Investment Trust has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -11.7% per year.
X
Financial health checks
We assess Wheeler Real Estate Investment Trust's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Wheeler Real Estate Investment Trust has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Wheeler Real Estate Investment Trust's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Wheeler Real Estate Investment Trust dividends.
If you bought $2,000 of Wheeler Real Estate Investment Trust shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Wheeler Real Estate Investment Trust's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Wheeler Real Estate Investment Trust's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:WHLR.D Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America REITs Industry Average Dividend Yield Market Cap Weighted Average of 176 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1956 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:WHLR.D Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
NasdaqCM:WHLR.D Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-11-07 0.000 0.000
2019-11-06 0.000 0.000
2019-08-05 0.000 0.000
2019-05-02 0.000 0.000
2019-05-01 0.000 0.000
2019-02-28 0.000 0.000
2019-02-27 0.000 0.000
2018-11-07 0.000 0.000
2018-11-06 0.000 0.000
2018-08-08 0.000 0.000
2018-03-07 0.000 0.000
2017-12-14 0.000 0.000
2017-09-18 1.360 13.199
2017-05-01 1.360 13.228
2017-03-17 1.680 12.355
2017-02-16 1.680 12.143
2017-01-18 1.680 12.350
2016-12-20 1.680 12.486
2016-11-22 1.680 12.988
2016-10-18 1.680 12.695
2016-09-19 1.680 12.137
2016-08-18 1.680 11.781
2016-07-20 1.680 12.019
2016-06-17 1.680 13.301
2016-05-17 1.680 13.832
2016-04-18 1.680 14.492
2016-03-16 1.680 16.900
2016-02-17 1.680 16.729
2016-01-19 1.680 15.240
2015-12-15 1.680 12.061
2015-11-17 1.680 11.550
2015-10-16 1.680 10.831
2015-09-17 1.680 10.865
2015-08-17 1.680 11.088
2015-07-15 1.680 10.752
2015-06-18 1.680 10.321
2015-04-16 1.680 9.188
2015-02-17 3.360 15.125
2015-01-15 3.360 11.927
2014-12-16 3.360 10.560
2014-11-18 3.360 9.989
2014-10-15 3.360 9.538
2014-09-16 3.360 9.196
2014-08-18 3.360 8.496
2014-07-16 3.360 8.794
2014-06-17 3.360 8.978
2014-05-16 3.360 9.104
2014-04-17 3.360 9.003
2014-03-18 3.360 9.177
2014-02-18 3.360 9.716
2014-01-16 3.360 9.439
2013-12-13 3.360 9.578
2013-11-19 3.360 9.776
2013-10-15 3.360 10.103
2013-09-17 3.360 9.825
2013-08-16 3.360 9.623
2013-07-18 3.360 8.178
2013-06-19 3.360 7.683
2013-05-17 3.360 6.928
2013-04-16 3.360 6.964
2013-03-15 3.360 6.974
2013-02-19 3.360 6.971
2013-01-16 3.360 6.933
2012-12-03 3.360 7.067

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Wheeler Real Estate Investment Trust has not reported any payouts.
  • Unable to verify if Wheeler Real Estate Investment Trust's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Wheeler Real Estate Investment Trust's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Wheeler Real Estate Investment Trust has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Wheeler Real Estate Investment Trust's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Wheeler Real Estate Investment Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wheeler Real Estate Investment Trust has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Wheeler Real Estate Investment Trust's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dave Kelly
COMPENSATION $402,641
AGE 54
TENURE AS CEO 1.8 years
CEO Bio

Mr. David Kelly has been the CEO and President of Wheeler Real Estate Investment Trust, Inc. since January 30, 2018 and also serves as its Director since 2011. Mr. Kelly founded Kelly Development LLC in March 2011 and serves as its Principal. Mr. Kelly served as Chief Investment Officer at Wheeler Real Estate Investment Trust, Inc., since February 14, 2017. He has over twenty five years of experience in the real estate industry. He served as Senior Vice President and Director of Acquisitions at Wheeler Real Estate Investment Trust, Inc., until February 14, 2017. Prior to founding Kelly Development, he served as the Director of Real Estate for Supervalu, Inc., a Fortune 100 supermarket retailer, from 1998 through 2011. Prior to his time with Supervalu, he served as an Asset Manager from 1993 to 1998. He served as Chairman of the Board of Wheeler Real Estate Investment Trust, Inc. Mr. Kelly serves as a Director of the Norfolk, Virginia SPCA. He holds a Bachelor of Science in Finance from Bentley College (now Bentley University).

CEO Compensation
  • Dave's compensation has increased whilst company is loss making.
  • Dave's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Wheeler Real Estate Investment Trust management team in years:

1.8
Average Tenure
38
Average Age
  • The average tenure for the Wheeler Real Estate Investment Trust management team is less than 2 years, this suggests a new team.
Management Team

Dave Kelly

TITLE
CEO, President & Director
COMPENSATION
$403K
AGE
54
TENURE
1.8 yrs

Matt Reddy

TITLE
Chief Financial Officer
COMPENSATION
$264K
AGE
37
TENURE
1.8 yrs

Andy Franklin

TITLE
Chief Operating Officer
COMPENSATION
$262K
AGE
38
TENURE
1.8 yrs

Mary Jensen

TITLE
Investor Relations Contact
TENURE
1.8 yrs

Angelica Beltran

TITLE
Corporate Secretary & Principal Broker
Board of Directors Tenure

Average tenure and age of the Wheeler Real Estate Investment Trust board of directors in years:

4.5
Average Tenure
67.5
Average Age
  • The tenure for the Wheeler Real Estate Investment Trust board of directors is about average.
Board of Directors

Andy Jones

TITLE
Independent Chairman
COMPENSATION
$68K
AGE
56
TENURE
0.5 yrs

Dave Kelly

TITLE
CEO, President & Director
COMPENSATION
$403K
AGE
54
TENURE
8.8 yrs

John McAuliffe

TITLE
Independent Director
COMPENSATION
$98K
AGE
64
TENURE
3.9 yrs

Carl McGowan

TITLE
Independent Director
COMPENSATION
$100K
AGE
71
TENURE
6.8 yrs

Jeffrey Zwerdling

TITLE
Lead Independent Director
COMPENSATION
$104K
AGE
75
TENURE
4.8 yrs

Stewart Brown

TITLE
Independent Director
COMPENSATION
$96K
AGE
71
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
15. Apr 19 Buy Stilwell Value LLC Company 27. Feb 19 27. Feb 19 19,900 $13.55 $269,645
X
Management checks
We assess Wheeler Real Estate Investment Trust's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Wheeler Real Estate Investment Trust has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. 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. Wheeler’s portfolio contains well-located, potentially dominant retail properties in secondary and tertiary markets that generate attractive, risk-adjusted returns, with a particular emphasis on grocery-anchored retail centers.

Details
Name: Wheeler Real Estate Investment Trust, Inc.
WHLR.D
Exchange: NasdaqCM
Founded: 2011
$18,683,080
$18,320,282
9,928,303
Website: http://www.whlr.us
Address: Wheeler Real Estate Investment Trust, Inc.
Riversedge North,
Suite 200,
Virginia Beach,
Virginia, 23452,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM WHLR Common Stock Nasdaq Capital Market US USD 19. Nov 2012
NasdaqCM WHLR.P CV PFD SER B Nasdaq Capital Market US USD 30. Apr 2014
NasdaqCM WHLR.D PFD CNV SER D Nasdaq Capital Market US USD 21. Sep 2016
Number of employees
Current staff
Staff numbers
50
Wheeler Real Estate Investment Trust employees.
Industry
Retail REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 00:50
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2018/03/06
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.