Company Information

  

Address: 2600 CITADEL PLAZA DR
SUITE 300 
City: HOUSTON 
State: TX 
Zip Code: 77292 
Telephone: 713-866-6000 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

Weingarten Realty Investors is a REIT organized under the Texas Business Organizations Code. We currently operate, and intend to operate in the future, as a REIT. We, and our predecessor entity, began the ownership of shopping centers and other commercial real estate in 1948. Our primary business is leasing space to tenants in the shopping centers we own or lease. We also provide property management services for which we charge fees to either joint ventures where we are partners or other outside owners. We operate a portfolio of neighborhood and community shopping centers, totaling approximately 41.3 million square feet of gross leaseable area, that is either owned by us or others. We have a diversified tenant base, with our largest tenant comprising only 2.8% of base minimum rental revenues during 2017. Total revenues generated by our centers located in Houston and its surrounding areas was 19.6% of total revenue for the year ended December 31, 2017, and an additional 9.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20183.490.3958.05
12/20172.600.38512.64
09/20171.640.38519.35
06/20171.480.38520.34
03/20171.260.38526.50
12/20161.870.36519.14
09/20161.910.36520.41
06/20161.890.36521.60

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.19Total Liab/Total Assets0.61
Net Inc/Total Assets0.08Total Liab/Inv Cap0.61
Net Inc/Inv Cap0.08Total Liab/Comm Equity1.44
Pretax Inc/Net Sales0.56Interest Coverage Ratio5.03
Net Inc/Net Sales0.58Curr Debt/EquityNA
Cash Flow/Net Sales0.47LTD/Equity1.27
SG&A/NetSales0.05Total Debt/Equity1.27
Asset Utilization   Liquidity  
Net Receivables Turnover5.77Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.17  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 132.45 139.37 144.11 146.02
Cost of Goods Sold 40.91 43.22 46.45 47.85
Selling & Admin Exps 5.60 7.87 6.54 6.65
Operating Income 47.85 47.05 49.62 49.34
Interest Exp 14.67 18.92 19.85 20.47
Pretax Income 143.76 163.56 69.83 62.51
Other Income 110.58 135.44 40.06 33.64
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 146.82 167.97 72.63 63.85

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 95.63 21.33 44.22 12.62
Receivables - Total 87.09 104.36 101.46 90.33
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 3,225.02 3,387.53 3,468.39 3,541.19
Total Assets 4,109.17 4,196.64 4,313.19 4,346.76
Liabilities        
Accounts Payable 88.02 116.46 119.09 104.39
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 1,928.57 2,081.15 2,214.32 2,291.47
Total Liabilities 2,381.24 2,563.91 2,704.85 2,762.78
Stockholder's Equity        
Minority Interest 178.42 177.11 177.02 176.13
Preferred Stock NA NA NA NA
Common Stock 3.90 3.90 3.90 3.90
Retained Earnings -35.58 -137.07 -159.25 -182.43
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,727.93 1,632.73 1,608.34 1,583.98
Total Liabilities and Stockholders' Equity 4,109.17 4,196.64 4,313.19 4,346.76

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 59.37 59.55 77.27 79.00
Net Cash Provided by Investing Activities 225.89 176.44 83.35 35.49
Net Cash Provided by Financing Activities -210.97 -278.92 -128.02 -89.73

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013489.20220.260.77
12/2014514.41288.011.89
12/2015512.84174.351.29
12/2016549.55238.931.87
12/2017573.16335.272.60
Growth Rates4.0411.0735.56

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18320101,50979.21




Report Date : 7/17/2018

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