Reading the tape
NASDAQ: WHLRD
Wheeler Real Estate Investment Trust, Inc.
Real Estate · REIT - Retail
Data caution
Per-share valuation inputs need verification
Event dated Dec 31, 2025Market-derived shares outstanding and recent statement shares differ materially. Per-share ratios and valuation outputs may be unreliable until the share base is verified. This sometimes appears with ADRs or provider share-count gaps.
Market Cap
$3.04M
52w High
$42.00
52w Low
$32.26
P/E
0.17
Volume
2.00
Outstanding Shares
83.35K
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 2.55%Revenue (TTM): -4.9%FCF (TTM): -45.08%P/S: 90th pct
What changed
The stock rose 2.55% over the last year. Revenue declined 4.9% over the trailing twelve months. Operating margin moved from 35.89% to 38.84%. Free cash flow declined 45.08% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 38.84%. A decisive move in revenue — currently down 4.9% — would be the clearest signal to resolve the ambiguity.
Company profile
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.
CEOMichael Andrew Franklin
SectorReal Estate
IndustryREIT - Retail
Employees56
IPO dateJul 21, 2017
Valuation
Forward P/E—
EV/EBITDA7.00
Enterprise value$500.77M
Price / Book0.05
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-8.78%
Gross margin21.56%▼67.85%vs FY2024
Operating margin38.84%▲1.30%vs FY2024
ROE13.82%▲185.55%vs FY2024
Analyst consensus
RatingBuy
Target price—
3
Buy
2
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 4, 2026
Q2 FY26 · EPS est — · Revenue est —
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