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 44.7 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 3.1% of base minimum rental revenues during 2016. Total revenues generated by our centers located in Houston and its surrounding areas was 20.5% of total revenue for the year ended December 31, 2016, and an additional 9.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
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
03/20161.780.36521.08
12/20151.290.34526.81
09/20151.610.34520.57

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.14Total Liab/Total Assets0.64
Net Inc/Total Assets0.05Total Liab/Inv Cap0.64
Net Inc/Inv Cap0.05Total Liab/Comm Equity1.65
Pretax Inc/Net Sales0.48Interest Coverage Ratio4.17
Net Inc/Net Sales0.43Curr Debt/EquityNA
Cash Flow/Net Sales0.45LTD/Equity1.54
SG&A/NetSales0.05Total Debt/Equity1.54
Asset Utilization   Liquidity  
Net Receivables Turnover6.13Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.15  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 146.02 143.66 142.86 138.60
Cost of Goods Sold 47.85 47.43 42.11 41.83
Selling & Admin Exps 6.51 7.52 7.19 7.19
Operating Income 49.47 31.29 50.13 47.52
Interest Exp 20.47 21.08 21.71 21.84
Pretax Income 62.51 27.72 63.48 58.07
Other Income 33.51 17.52 35.06 32.39
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 63.85 30.83 44.14 51.90

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 12.62 6.91 41.28 27.79
Receivables - Total 90.33 90.88 94.47 86.62
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 3,541.19 3,574.08 3,605.08 3,565.69
Total Assets 4,346.76 4,352.09 4,426.93 4,382.79
Liabilities        
Accounts Payable 104.39 90.73 116.86 126.06
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 2,291.47 2,323.45 2,356.53 2,320.85
Total Liabilities 2,762.78 2,783.87 2,846.99 2,803.10
Stockholder's Equity        
Minority Interest 176.13 178.64 181.72 162.16
Preferred Stock NA NA NA NA
Common Stock 3.90 3.90 3.89 3.89
Retained Earnings -182.43 -196.84 -177.65 -178.81
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,583.98 1,568.23 1,535.18 1,532.35
Total Liabilities and Stockholders' Equity 4,346.76 4,352.09 4,382.17 4,335.45

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 81.70 51.24 52.94 70.29
Net Cash Provided by Investing Activities 11.07 28.14 -31.60 -307.16
Net Cash Provided by Financing Activities -89.73 -92.02 -14.84 232.10

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012451.18146.640.25
12/2013489.20220.260.77
12/2014514.41288.011.89
12/2015512.84174.351.29
12/2016549.55238.931.87
Growth Rates5.0512.9865.38

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17312104,27881.20




Report Date : 10/16/2017

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