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Wheeler Real Estate Investment Trust, Inc. logo

Wheeler Real Estate Investment Trust, Inc.

WHLRD

NASDAQReal EstateREIT - Retail

Open in GoAI

Previous close

$34.60

+$0.31 · +0.90%

Aug 21, 3:51 PM ET

WHLRD company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

35

Expensive

Momentum

43

Neutral

Sentiment

66

Bullish

Risk resilience

58

Elevated Risk

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Company profile

Company website

Wheeler Real Estate Investment Trust, Inc. (WHLR), a NASDAQ-listed entity, is a self-administered and comprehensive commercial real estate investment company situated in Virginia Beach, VA. The company's core business involves acquiring, owning, and managing revenue-generating retail assets, with a particular concentration on shopping centers anchored by grocery stores.

Industry
REIT - Retail
Sector
Real Estate
Headquarters
US
CEO
Michael Andrew Franklin
Listed since
Jul 21, 2017
Employees
49

Market position

52-week range

Current $34.60

Open
$34.60
Previous close
$34.29
Volume
2
0× average
Average volume
502
Average daily volume
Market cap
2.88M USD
Beta
1.09
Market reference 1
50-day average
$36.9674
-6.40% below average
200-day average
$37.0957
-6.73% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
500.77M USD
EV / EBITDA
7.27×
Earnings yield
21.56%
Free cash flow yield
9.90%

Profitability & efficiency

Return on equity
13.82%
Return on assets
1.46%
Return on invested capital
43.97%

Financial health

Current ratio
8.91×
Altman Z-score
-0.21
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends76%43%9%-25%Gross margin, FY2021: 68.00%Gross margin, FY2022: 66.43%Gross margin, FY2023: 65.92%Gross margin, FY2024: 66.44%Gross margin, FY2025: 66.77%Operating margin, FY2021: 31.82%Operating margin, FY2022: 32.09%Operating margin, FY2023: 28.74%Operating margin, FY2024: 35.89%Operating margin, FY2025: 31.93%Net margin, FY2021: -15.40%Net margin, FY2022: -16.25%Net margin, FY2023: -4.58%Net margin, FY2024: -9.16%Net margin, FY2025: 8.82%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 68.00%. Gross margin FY2022 66.43%. Gross margin FY2023 65.92%. Gross margin FY2024 66.44%. Gross margin FY2025 66.77%. Operating margin FY2021 31.82%. Operating margin FY2022 32.09%. Operating margin FY2023 28.74%. Operating margin FY2024 35.89%. Operating margin FY2025 31.93%. Net margin FY2021 -15.40%. Net margin FY2022 -16.25%. Net margin FY2023 -4.58%. Net margin FY2024 -9.16%. Net margin FY2025 8.82%.

Income trends

Revenue

99.45M USD-4.90%

Operating income

31.75M USD-15.41%

Net income

8.77M USD+18.35M USD
Income trends across reported periods116.28M USD69.47M USD22.65M USD−24.16M USDRevenue, FY2021: 61.31M USDRevenue, FY2022: 76.65M USDRevenue, FY2023: 102.33M USDRevenue, FY2024: 104.57M USDRevenue, FY2025: 99.45M USDOperating income, FY2021: 19.51M USDOperating income, FY2022: 24.6M USDOperating income, FY2023: 29.41M USDOperating income, FY2024: 37.53M USDOperating income, FY2025: 31.75M USDNet income, FY2021: −9.44M USDNet income, FY2022: −12.45M USDNet income, FY2023: −4.69M USDNet income, FY2024: −9.58M USDNet income, FY2025: 8.77M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 61.31M USD. Revenue FY2022 76.65M USD. Revenue FY2023 102.33M USD. Revenue FY2024 104.57M USD. Revenue FY2025 99.45M USD. Operating income FY2021 19.51M USD. Operating income FY2022 24.6M USD. Operating income FY2023 29.41M USD. Operating income FY2024 37.53M USD. Operating income FY2025 31.75M USD. Net income FY2021 −9.44M USD. Net income FY2022 −12.45M USD. Net income FY2023 −4.69M USD. Net income FY2024 −9.58M USD. Net income FY2025 8.77M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue99.45M USD104.57M USD102.33M USD76.65M USD61.31M USD
Cost of goods sold33.04M USD35.1M USD34.87M USD25.73M USD19.62M USD
Gross profit66.4M USD69.47M USD67.46M USD50.91M USD41.69M USD
Selling, general, and administrative11.71M USD10.98M USD11.75M USD8.62M USD7.14M USD
Operating expenses34.65M USD31.94M USD38.05M USD26.32M USD22.18M USD
Interest income964K USD460K USD484K USD65K USD34K USD
Interest expense31.06M USD29.56M USD27.7M USD21.4M USD33.03M USD
Depreciation and amortization22.94M USD25.32M USD28.5M USD19.54M USD14.81M USD
Operating income31.75M USD37.53M USD29.41M USD24.6M USD19.51M USD
Net income8.77M USD−9.58M USD−4.69M USD−12.45M USD−9.44M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
0.08
FY2025
Latest fiscal-year revenue
99.45M USD
FY2025 · -4.90% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend5,472.09-16,415.94-38,303.98-60,192.01FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend108.9M91.59M74.29M56.98MFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

5 ratings
Strong buy00%
Buy360%
Hold240%
Sell00%
Strong sell00%

Corporate actions

Corporate action history

Dividend

Ex-dividend Sep 27, 2018

$0.547

Quarterly

Record Sep 30, 2018 · Payment Oct 15, 2018

Dividend

Ex-dividend Jun 28, 2018

$0.547

Quarterly

Record Jun 30, 2018 · Payment Jul 15, 2018

Dividend

Ex-dividend Mar 28, 2018

$0.547

Quarterly

Record Mar 30, 2018 · Payment Apr 15, 2018

Dividend

Ex-dividend Dec 28, 2017

$0.547

Quarterly

Record Dec 30, 2017 · Payment Jan 15, 2018

Dividend

Ex-dividend Sep 28, 2017

$0.547

Quarterly

Record Sep 30, 2017 · Payment Oct 15, 2017

Dividend

Ex-dividend Jun 28, 2017

$0.5469

Quarterly

Record Jun 30, 2017 · Payment Jul 15, 2017

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