Real Estate - REIT - Retail - NASDAQ - US
$ 3.25
-1.81 %
$ 8.27 M
Market Cap
-1.74
P/E
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.[ Read More ]
The intrinsic value of one WHLRP stock under the base case scenario is HIDDEN Compared to the current market price of 3.25 USD, Wheeler Real Estate Investment Trust, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart WHLRP
FINANCIALS
102 M
REVENUE
29.4 M
OPERATING INCOME
-4.69 M
NET INCOME
20.9 M
OPERATING CASH FLOW
-31.5 M
INVESTING CASH FLOW
-5.47 M
FINANCING CASH FLOW
24.8 M
REVENUE
13.9 M
OPERATING INCOME
-30.6 M
NET INCOME
0
OPERATING CASH FLOW
0
INVESTING CASH FLOW
0
FINANCING CASH FLOW
Balance Sheet Decomposition
Wheeler Real Estate Investment Trust, Inc.
| Current Assets | 55.2 M |
| Cash & Short-Term Investments | 39.8 M |
| Receivables | 13.1 M |
| Other Current Assets | 2.22 M |
| Non-Current Assets | 613 M |
| Long-Term Investments | 10.7 M |
| PP&E | 9.45 M |
| Other Non-Current Assets | 593 M |
| Current Liabilities | 34.9 M |
| Accounts Payable | 17.1 M |
| Short-Term Debt | 25 M |
| Other Current Liabilities | -7.22 M |
| Non-Current Liabilities | 492 M |
| Long-Term Debt | 481 M |
| Other Non-Current Liabilities | 11.2 M |
EFFICIENCY
Earnings Waterfall
Wheeler Real Estate Investment Trust, Inc.
| Revenue | 102 M |
| Cost Of Revenue | 63.4 M |
| Gross Profit | 38.6 M |
| Operating Expenses | 37.7 M |
| Operating Income | 29.4 M |
| Other Expenses | 34.1 M |
| Net Income | -4.69 M |
RATIOS
37.87%
GROSS MARGIN
28.83%
OPERATING MARGIN
-4.60%
NET MARGIN
-6.22%
ROE
-0.70%
ROA
5.28%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Wheeler Real Estate Investment Trust, Inc.
| Net Income | -4.69 M |
| Depreciation & Amortization | 28.5 M |
| Capital Expenditures | -20 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -1.49 M |
| Others | -4.24 M |
| Free Cash Flow | 913 K |
Wall Street Analysts Price Targets
Wheeler Real Estate Investment Trust, Inc.
WHLRP has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
45.16%
DIVIDEND YIELD
0.562 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Wheeler Real Estate Investment Trust, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
148 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
10 months ago
Dec 21, 2023
|
Bought 39.3 K USD
|
STILWELL JOSEPH
director, 10 percent owner: |
+ 138000
|
0.2847 USD |
|
10 months ago
Dec 20, 2023
|
Bought 52.7 K USD
|
STILWELL JOSEPH
director, 10 percent owner: |
+ 185101
|
0.2849 USD |
|
10 months ago
Dec 21, 2023
|
Bought 17.7 K USD
|
STILWELL JOSEPH
director, 10 percent owner: |
+ 62000
|
0.2847 USD |
|
10 months ago
Dec 20, 2023
|
Bought 38.2 K USD
|
STILWELL JOSEPH
director, 10 percent owner: |
+ 134137
|
0.2849 USD |
|
1 year ago
Nov 10, 2023
|
Bought 0 USD
|
STILWELL JOSEPH
director, 10 percent owner: |
+ 0
|
0.46 USD |
|
1 year ago
Nov 07, 2023
|
Sell 85.7 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 272073
|
0.3151 USD |
|
1 year ago
Nov 07, 2023
|
Sell 1.02 M USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 6005
|
169.6 USD |
|
1 year ago
Nov 07, 2023
|
Sell 702 USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 2229
|
0.3151 USD |
|
1 year ago
Nov 07, 2023
|
Sell 12.6 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 74
|
169.6 USD |
|
1 year ago
Oct 09, 2023
|
Sell 264 K USD
|
Corbin Capital Partners, L.P.
|
- 254961
|
1.0344 USD |
|
1 year ago
Sep 27, 2023
|
Bought 0 USD
|
STILWELL JOSEPH
director, 10 percent owner: |
+ 0
|
62.5 USD |
|
1 year ago
Sep 13, 2023
|
Sell 500 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 2946
|
169.6 USD |
|
1 year ago
Sep 13, 2023
|
Sell 1.13 M USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 2823
|
400 USD |
|
1 year ago
Sep 13, 2023
|
Sell 6.61 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 39
|
169.6 USD |
|
1 year ago
Sep 13, 2023
|
Sell 15.6 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 39
|
400 USD |
|
1 year ago
Sep 11, 2023
|
Sell 3.25 M USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 19187
|
169.6 USD |
|
1 year ago
Sep 12, 2023
|
Sell 1.43 M USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 8458
|
169.6 USD |
|
1 year ago
Sep 11, 2023
|
Sell 102 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 254
|
400 USD |
|
1 year ago
Sep 12, 2023
|
Sell 102 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 256
|
400 USD |
|
1 year ago
Sep 11, 2023
|
Sell 42.7 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 252
|
169.6 USD |
|
1 year ago
Sep 12, 2023
|
Sell 18.8 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 111
|
169.6 USD |
|
1 year ago
Sep 11, 2023
|
Sell 1.6 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 4
|
400 USD |
|
1 year ago
Sep 12, 2023
|
Sell 1.6 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 4
|
400 USD |
|
1 year ago
Sep 07, 2023
|
Sell 862 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 5084
|
169.6 USD |
|
1 year ago
Sep 07, 2023
|
Sell 921 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 5430
|
169.6 USD |
|
1 year ago
Sep 08, 2023
|
Sell 144 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 850
|
169.6 USD |
|
1 year ago
Sep 07, 2023
|
Sell 25.7 M USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 64321
|
400 USD |
|
1 year ago
Sep 08, 2023
|
Sell 636 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 1589
|
400 USD |
|
1 year ago
Sep 07, 2023
|
Sell 11.4 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 67
|
169.6 USD |
|
1 year ago
Sep 07, 2023
|
Sell 12 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 71
|
169.6 USD |
|
1 year ago
Sep 08, 2023
|
Sell 1.87 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 11
|
169.6 USD |
|
1 year ago
Sep 07, 2023
|
Sell 357 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 892
|
400 USD |
|
1 year ago
Sep 08, 2023
|
Sell 8.8 K USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 22
|
400 USD |
|
1 year ago
Sep 07, 2023
|
Sell 494 USD
|
Steamboat Capital Partners, LLC
10 percent owner |
- 65
|
7.6042 USD |
|
1 year ago
Jun 01, 2023
|
Sell 131 K USD
|
Campbell Kerry G.
Director |
- 3268
|
40 USD |
|
1 year ago
Jun 01, 2023
|
Sell 2.16 K USD
|
Campbell Kerry G.
Director |
- 3000
|
0.72 USD |
|
1 year ago
Nov 29, 2022
|
Bought 3.67 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 1931
|
1.9 USD |
|
1 year ago
Nov 28, 2022
|
Bought 8.29 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 4424
|
1.8734 USD |
|
1 year ago
Nov 29, 2022
|
Bought 58.9 USD
|
Steamboat Capital Partners, LLC
Director |
+ 31
|
1.9 USD |
|
1 year ago
Nov 28, 2022
|
Bought 135 USD
|
Steamboat Capital Partners, LLC
Director |
+ 72
|
1.8734 USD |
|
1 year ago
Nov 22, 2022
|
Bought 2.54 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 1375
|
1.85 USD |
|
1 year ago
Nov 21, 2022
|
Bought 14.7 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 8089
|
1.8185 USD |
|
1 year ago
Nov 22, 2022
|
Bought 40.7 USD
|
Steamboat Capital Partners, LLC
Director |
+ 22
|
1.85 USD |
|
1 year ago
Nov 21, 2022
|
Bought 238 USD
|
Steamboat Capital Partners, LLC
Director |
+ 131
|
1.8185 USD |
|
2 years ago
Nov 14, 2022
|
Bought 9.77 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 5529
|
1.7672 USD |
|
2 years ago
Nov 11, 2022
|
Bought 11.3 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 6809
|
1.6573 USD |
|
2 years ago
Nov 14, 2022
|
Bought 2.15 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 1216
|
1.7672 USD |
|
2 years ago
Nov 11, 2022
|
Bought 2.48 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 1498
|
1.6573 USD |
|
2 years ago
Nov 14, 2022
|
Bought 157 USD
|
Steamboat Capital Partners, LLC
Director |
+ 89
|
1.7672 USD |
|
2 years ago
Nov 11, 2022
|
Bought 182 USD
|
Steamboat Capital Partners, LLC
Director |
+ 110
|
1.6573 USD |
|
2 years ago
Nov 09, 2022
|
Bought 21.1 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 12290
|
1.7176 USD |
|
2 years ago
Nov 09, 2022
|
Bought 4.64 K USD
|
Steamboat Capital Partners, LLC
Director |
+ 2704
|
1.7176 USD |
|
2 years ago
Nov 09, 2022
|
Bought 342 USD
|
Steamboat Capital Partners, LLC
Director |
+ 199
|
1.7176 USD |
|
2 years ago
Dec 15, 2021
|
Sell 25.5 K USD
|
Steamboat Capital Partners, LLC
Director |
- 1884
|
13.5438 USD |
7. News
The Delisting Dilemma: Navigating The Paradox Of Preferred Securities
Misconceptions about preferred securities and delisting are common, leading to unnecessary concerns among investors. Delisting does not give companies new ways to exploit investors. It primarily affects liquidity, not the security's fundamental promises. Through examples of notable delisting, we show that these securities continue to deliver on their income promises to shareholders.
seekingalpha.com
- 2 months ago
Take A Shower After Reading The Wheeler/Cedar Merger
Take A Shower After Reading The Wheeler/Cedar Merger
seekingalpha.com
- 2 years ago
WHLR Real Estate Investment Trust, Inc. Reports First Quarter 2020 Financial and Operating Results
VIRGINIA BEACH, Va., May 12, 2020 (GLOBE NEWSWIRE) -- WHLR Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) announced today that it has reported its financial and operating results for the three months ended March 31, 2020 on Form 10-Q. The Company has also posted certain supplemental information regarding the Company's financial and operating results for the three months ended March 31, 2020 to the “Investor Relations” page of its website located at https://ir.whlr.us/
globenewswire.com
- 4 years ago
WHLR Real Estate Investment Trust Announces Governance Changes
Stefani Carter Becomes Chairman-Elect
globenewswire.com
- 4 years ago
WHLR Real Estate Investment Trust Further Reduces Debt
VIRGINIA BEACH, Va., Jan. 29, 2020 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), 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, today announced that it has reduced the balance on the Company’s KeyBank line of credit below $10 million.
globenewswire.com
- 4 years ago
Egan-Jones Proxy Services Joins Glass Lewis in Recommending That WHLR Shareholders Vote “For” the Company’s Nominees on the White Proxy Card
VIRGINIA BEACH, Va., Dec. 17, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), 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, today announced that Egan-Jones Proxy Services, along with prominent independent proxy advisory firm, Glass Lewis, has issued its recommendation for shareholders to vote FOR THE COMPANY’S NOMINEES on its WHITE proxy card.
globenewswire.com
- 4 years ago
Leading Independent Proxy Advisory Firm Glass Lewis Recommends WHLR Shareholders Vote “for” All of the Company’s Nominees on the White Proxy Card
VIRGINIA BEACH, Va., Dec. 11, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), 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, today announced that Glass Lewis, a prominent proxy advisory firm, has issued its recommendation for shareholders to vote FOR THE COMPANY’S NOMINEES on its WHITE proxy card.
globenewswire.com
- 4 years ago
WHLR Releases Presentation to Shareholders
Urges Shareholders to Vote “FOR” All of the Company’s Nominees on the WHITE Proxy Card Urges Shareholders to Vote “FOR” All of the Company’s Nominees on the WHITE Proxy Card
globenewswire.com
- 4 years ago
WHLR Issues Letter to Shareholders Regarding Joe Stillwell’s Associations and Business Practices
VIRGINIA BEACH, Va., Nov. 15, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), 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, today has issued an open letter to its stockholders regarding the troubling associations and business practices of Joseph Stilwell. WHLR urges shareholders to vote for all of the Company’s highly qualified nominees on the WHITE proxy card.
globenewswire.com
- 5 years ago
WHLR Real Estate Investment Trust Files Definitive Proxy and Mails Letter to Shareholders
Urges Shareholders to Vote “FOR” All of the Company’s Nominees on the WHITE Proxy Card WHLR Is Taking Decisive Action and Is Executing on Its Transformative Plan to Enhance Shareholder Value WHLR’s Highly Qualified Board of Directors Remains Committed to Accountability Through Thoughtful Refreshment
globenewswire.com
- 5 years ago
Wheeler Real Estate Investment Trust, Inc.
Announces Exercise of Over-Allotment Option of Series B Preferred Stock
and Warrants
VIRGINIA BEACH, Va.--(BUSINESS WIRE)--Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”) is pleased to announce that, in connection with the Company’s recently closed offering of Series B Convertible Preferred Stock (“Preferred Stock”) and Warrants to purchase common stock (the “Warrants”), the underwriters have exercised their over-allotment option. The exercise of the over-allotment resulted in the sale of 101,000 shares of Preferred Stock and Warrants to purchase 129,000 shares of common stock. Gross proceeds from the over-allotment totaled $2.5 million, and the Company intends to use the additional capital, along with the $18 million in gross proceeds generated from the offering, to acquire the properties described in the prospectus related to this offering which is available through the SEC’s website at www.sec.gov. The Company will use the remaining proceeds towards future acquisitions and general working capital. The Preferred Stock and Warrants are traded on the Nasdaq Capital Market under the symbols “WHLRP” and “WHLRW”, respectively. Maxim Group LLC and Newbridge Securities Corporation acted as joint book-running managers of the offering. National Securities Corporation and MLV & Co. were the lead managers of the offering with Capitol Securities Management, Inc. and I-Bankers Securities, Inc. acting as the co-managers. A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. About Wheeler Real Estate Investment Trust Inc. Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. specializes in owning, acquiring, financing, developing, renovating, leasing and managing income producing assets, such as community centers, neighborhood centers, strip centers and free-standing retail properties. Wheeler’s portfolio contains strategically selected properties, primarily leased by nationally and regionally recognized retailers of consumer goods and located in the Northeast, Mid-Atlantic, Southeast and Southwest regions of the United States. Additional information about Wheeler Real Estate Investment Trust, Inc. can be found at the Company’s corporate website: www.whlr.us. Forward-looking statement This press release includes forward-looking statements regarding the financing plans of the Company, including statements related to Wheeler's offering of Preferred Stock and Warrants. Any statement describing the Company’s expectations, financial or other projections is a forward-looking statement and should be considered an at-risk statement. Specifically, statements herein relating to the Company’s contemplated and other potential future property acquisitions are forward-looking statements. Such statements are subject to certain risks and uncertainties. Wheeler’s forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are not historical facts but are the intent, belief or current expectations of management based on its knowledge and understanding of the business and industry. As a result, investors are cautioned not to rely on these forward-looking statements. These and other risks concerning Wheeler are described in additional detail in the Company’s annual report on Form 10-K for the year ended December 31, 2013, which is on file with the SEC. Copies of these and other documents are available from the Company.
businesswire.com
- 10 years ago
Wheeler Real Estate Investment Trust, Inc.
Announces Exercise of Over-Allotment Option of Series B Preferred Stock
and Warrants
VIRGINIA BEACH, Va.--(BUSINESS WIRE)--Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”) is pleased to announce that, in connection with the Company’s recently closed offering of Series B Convertible Preferred Stock (“Preferred Stock”) and Warrants to purchase common stock (the “Warrants”), the underwriters have exercised in full their over-allotment option. The exercise of the over-allotment resulted in the sale of 108,000 shares of Preferred Stock and Warrants to purchase 129,600 shares of common stock. Gross proceeds from the over-allotment totaled $2.7 million, and the Company intends to use the additional capital, along with the $18 million in gross proceeds generated from the offering, to acquire the three properties described in the prospectus related to this offering which is available through the SEC’s website at www.sec.gov. The Company will use the remaining proceeds towards future acquisitions and general working capital. The Preferred Stock and Warrants are traded on the Nasdaq Capital Market under the symbols “WHLRP” and “WHLRW”, respectively. Maxim Group LLC and Newbridge Securities Corporation acted as joint book-running managers of the offering. National Securities Corporation and MLV & Co. were the lead managers of the offering. A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. About Wheeler Real Estate Investment Trust Inc. Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. specializes in owning, acquiring, financing, developing, renovating, leasing and managing income producing assets, such as community centers, neighborhood centers, strip centers and free-standing retail properties. Wheeler’s portfolio contains strategically selected properties, primarily leased by nationally and regionally recognized retailers of consumer goods and located in the Northeast, Mid-Atlantic, Southeast and Southwest regions of the United States. Additional information about Wheeler Real Estate Investment Trust, Inc. can be found at the Company’s corporate website: www.whlr.us. Forward-looking statement This press release includes forward-looking statements regarding the financing plans of the Company, including statements related to Wheeler's offering of Preferred Stock and Warrants. Any statement describing the Company’s expectations, financial or other projections is a forward-looking statement and should be considered an at-risk statement. Specifically, statements herein relating to the Company’s contemplated and other potential future property acquisitions are forward-looking statements. Such statements are subject to certain risks and uncertainties. Wheeler’s forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are not historical facts but are the intent, belief or current expectations of management based on its knowledge and understanding of the business and industry. As a result, investors are cautioned not to rely on these forward-looking statements. These and other risks concerning Wheeler are described in additional detail in the Company’s annual report on Form 10-K for the year ended December 31, 2013, which is on file with the SEC. Copies of these and other documents are available from the Company.
businesswire.com
- 10 years ago
8. Profile Summary
Wheeler Real Estate Investment Trust, Inc. WHLRP
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 8.27 M
Dividend Yield
45.16%
Description
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.
Contact
Riversedge North, Virginia Beach, VA, 23452
https://www.whlr.us
IPO Date
Jan. 29, 2015
Employees
52
Officers
Mr. Michael Andrew Franklin
Chief Executive Officer & President
Mr. Ross Barr
General Counsel & Corporate Secretary
Ms. Victoria H. Browne
Marketing Manager
Mary Jensen
Investor Relations Contact
Ms. Dana Sherman
Director of Human Resources
Ms. Rebecca Schiefer
Director of Accounting