A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
Wheeler Real Estate Investment Trust, Inc. is a Maryland corporation formed on June 23, 2011 in connection with the Company's initial public offering. The Trust serves as the general partner of Wheeler REIT, L.P. (the "Operating Partnership"), which was formed as a Virginia limited partnership on April 5, 2012. Prior to the Cedar Acquisition (as defined below), substantially all of our assets were held by, and all of our operations were conducted through, our Operating Partnership. At December 31, 2024, the Company owned 99.82% of the Operating Partnership. On August 22, 2022, the Company completed a merger transaction with Cedar Realty Trust, Inc. ("Cedar" or "CDR"). As a result of the merger, the Company acquired all of the outstanding shares of Cedar’s common stock (the "Cedar Acquisition"), which ceased to be publicly traded on the New York Stock Exchange ("NYSE"). Cedar’s outstanding 7.25% Series B Preferred Stock ("Cedar Series B Preferred Stock") and 6.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 1.8M | 2.2M | 2.0M | 1.4M | - | - |
| Net Income | 47M | - | - | - | -13M | -9.3M |
| EPS | $1,480,936.38 | $-332,871.00 | $-13,815,868.50 | $-399,893,760.00 | $-246,758,400.00 | $-174,182,400.00 |
| Free Cash Flow | 0 | 3.5M | 913K | 22M | 11M | 14M |
| ROIC | 218.9% | - | - | - | 828.2% | 97.5% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.00 | -21.17 | -24.74 | -35.09 | 198.24 | 25.27 |
| Dividends/Share | $6.21 | $9,398.78 | $9,678.74 | $716,971.57 | - | - |
| Operating Income | 37M | 38M | 29M | 25M | 20M | 18M |
| Operating Margin | 2019.9% | 1732.7% | 1475.5% | 1696.4% | - | - |
| ROE | 0.0% | - | - | - | -711.4% | -62.3% |
| Shares Outstanding | 1M | 0M | 0M | 0M | 0M | 0M |
Wheeler Real Estate Investment Trust, Inc. passes 3 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 0.4x vs a median of 3.3x. The company's 5-year average ROIC is 97.5%. Total shareholder yield (dividends) is 800.8%. At current prices, the estimated annualized return to fair value is +2.4%.
Wheeler Real Estate Investment Trust, Inc. (WHLR) has a 5-year average return on invested capital (ROIC) of 97.5%. This indicates strong capital allocation and a potential competitive advantage.
Wheeler Real Estate Investment Trust, Inc. (WHLR) has a market capitalization of $952K. It is classified as a small-cap stock.
Yes, Wheeler Real Estate Investment Trust, Inc. (WHLR) pays a dividend with a trailing twelve-month yield of 800.82%.
Wheeler Real Estate Investment Trust, Inc. (WHLR) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
Wheeler Real Estate Investment Trust, Inc. (WHLR) reported annual revenue of $2 million in its most recent fiscal year, based on SEC EDGAR filings.
Wheeler Real Estate Investment Trust, Inc. (WHLR) generated $3 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Wheeler Real Estate Investment Trust, Inc. (WHLR) reported earnings per share (EPS) of $-332871.00 in its most recent fiscal year.
The Ledger Terminal provides 14 years of financial data for Wheeler Real Estate Investment Trust, Inc. (WHLR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Wheeler Real Estate Investment Trust, Inc. (WHLR) has a book value per share of $-22836.67, based on its most recent annual SEC filing.