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Wheeler Real Estate Investment Trust Inc (WHLR.OQ)

WHLR.OQ on NASDAQ Stock Exchange Capital Market

4.86USD
16 Aug 2018
Change (% chg)

$-0.01 (-0.31%)
Prev Close
$4.88
Open
$4.78
Day's High
$4.92
Day's Low
$4.78
Volume
25,484
Avg. Vol
18,193
52-wk High
$12.29
52-wk Low
$3.25

Latest Key Developments (Source: Significant Developments)

JCP Investment Partners Reports 7.2 Pct Stake In Wheeler REIT
Monday, 21 May 2018 

May 21 (Reuters) - JCP Investment Partners LP::SAYS LEGAL COUNSEL ON MAY 18 NOTIFIED WHEELER IT BELIEVES WHEELER FAILED TO MAINTAIN ASSET COVERAGE REQUIRED BY ASSET COVERAGE PROVISION.SAYS BELIEVE WHEELER REIT REQUIRED TO CURE FAILURE TO MAINTAIN REQUIRED ASSET COVERAGE BY CLOSE OF BUSINESS ON JUNE 8.SAYS BELIEVE CERTIFICATE OF CORRECTION TO ASSET COVERAGE PROVISION FILED BY WHEELER WITH MARYLAND STATE DEPARTMENT. OF ASSESSMENTS & TAXATION IS INVALID.SAYS SHOULD WHEELER NOT CURE FAILURE TO MAINTAIN REQUIRED ASSET COVERAGE UNDER ASSET COVERAGE PROVISION, JCP MAY PURSUE LITIGATION.JCP INVESTMENT PARTNERS LP REPORTS 7.2 PERCENT STAKE IN WHEELER REAL ESTATE INVESTMENT TRUST INC AS OF MAY 11 - SEC FILING.  Full Article

Andrew Jones Reports 5.8 Percent Stake In Wheeler REIT Inc
Wednesday, 18 Apr 2018 

April 17 (Reuters) - Wheeler Real Estate Investment Trust Inc ::ANDREW JONES SAYS CONCERNED ABOUT WHEELER REAL ESTATE INVESTMENT TRUST INC'S CURRENT TRADING PRICE - SEC FILING.ANDREW JONES SAYS INTENT TO ENGAGE IN DIALOGUE WITH MANAGEMENT AND BOARD OF WHEELER REAL ESTATE INVESTMENT TRUST TO ADDRESS CONCERNS AND QUESTIONS.ANDREW JONES REPORTS 5.8 PERCENT STAKE IN WHEELER REAL ESTATE INVESTMENT TRUST INC AS OF APRIL 16.  Full Article

Wheeler Real Estate Investment Trust Announces Changes To Its Board Of Directors
Monday, 16 Apr 2018 

April 16 (Reuters) - Wheeler Real Estate Investment Trust Inc ::WHEELER REAL ESTATE INVESTMENT TRUSt INC ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS.WHEELER REAL ESTATE INVESTMENT TRUST INC - BOARD OF DIRECTORS HAS ELECTED JOHN SWEET AS CHAIRMAN OF BOARD.  Full Article

Wheeler Real Estate Investment Trust Announces Contract To Acquire Janaf Shopping Yard In Norfolk, Virginia
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Wheeler Real Estate Investment Trust Inc ::WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES CONTRACT TO ACQUIRE JANAF SHOPPING YARD IN NORFOLK, VIRGINIA.WHEELER REAL ESTATE INVESTMENT TRUST-‍EXPECTED PURCHASE PRICE OF $85.65 MILLION INCLUDES ASSUMPTION OF ABOUT $58.4 MILLION OF MORTGAGE LOANS SECURED BY PROPERTY​.WHEELER REAL ESTATE INVESTMENT TRUST -‍ CO THROUGH UNIT ENTERED AGREEMENT WITH JANAF SHOPPING CENTER, AMONG OTHERS, TO ACQUIRE JANAF SHOPPING YARD​.  Full Article

Wheeler Real Estate Investment Trust CFO Wilkes Graham To Resign
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Wheeler Real Estate Investment Trust Inc ::WHEELER REAL ESTATE INVESTMENT TRUST INC - WILKES GRAHAM HAS NOTIFIED OF HIS INTENTION TO RESIGN AS CHIEF FINANCIAL OFFICER.WHEELER REAL ESTATE INVESTMENT TRUST INC - GRAHAM'S RESIGNATION WILL TAKE EFFECT AFTER A TRANSITION PERIOD, EXPECTED TO END ON OR BEFORE MARCH 4.WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES RESIGNATION OF CHIEF FINANCIAL OFFICER AND SEARCH FOR PERMANENT SUCCESSOR.WHEELER REAL ESTATE INVESTMENT TRUST INC - IN PROCESS OF ENGAGING A PROFESSIONAL SEARCH FIRM TO ASSIST IN HIRING OF GRAHAM'S REPLACEMENT.  Full Article

Wheeler Real Estate Investment Announces Terms Of Keybank Credit Agreement
Friday, 22 Dec 2017 

Dec 21 (Reuters) - Wheeler Real Estate Investment Trust Inc ::WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES TERMS OF KEYBANK CREDIT AGREEMENT.WHEELER REAL ESTATE INVESTMENT TRUST - CREDIT AGREEMENT PROVIDES FOR INCREASE IN BORROWING CAPACITY FROM $50 MILLION TO $52.5 MILLION.WHEELER REAL ESTATE INVESTMENT TRUST - CREDIT AGREEMENT ALSO INCREASES ACCORDION FEATURE BY $50 MILLION TO $150 MILLION.WHEELER REAL ESTATE INVESTMENT TRUST - REVOLVING FACILITY WILL MATURE ON DEC. 21, 2019, BUT MAY BE EXTENDED FOR AN ADDITIONAL YEAR.WHEELER REAL ESTATE INVESTMENT - AGREEMENT PROVIDES FOR EXTENSION OF REQUIREMENT TO REDUCE OUTSTANDING BORROWINGS TO $52.5 MILLION OR BELOW BY JULY 1, 2018.  Full Article

Wheeler REIT Q3 adjusted FFO per share $0.43
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Wheeler Real Estate Investment Trust Inc ::Wheeler Real Estate Investment Trust, Inc. Announces 2017 third quarter financial results.Sees FY 2017 adjusted FFO per share $1.48 to $1.53.Q3 revenue rose 27.6 percent to $15.2 million.Q3 adjusted FFO per share $0.43.Wheeler Real Estate Investment - ‍same-store NOI y-o-y growth for three months ended September 30, 2017 was 1.0% on a gaap basis ​.  Full Article

Wheeler Real Estate Investment Trust Sees Q2 adjusted FFO per share $0.40 to $0.42
Tuesday, 23 May 2017 

May 22 (Reuters) - Wheeler Real Estate Investment Trust Inc :Wheeler Real Estate Investment Trust, Inc. Updates 2017 guidance and declares second quarter dividend.Sees fY 2017 adjusted FFO per share $1.48 to $1.55.Sees Q2 adjusted FFO per share $0.40 to $0.42.Wheeler real estate investment trust inc - Q2 2017 cash dividend rate of $0.34 per share for company's common stock.Wheeler real estate investment trust inc - annualized common stock dividend will be adjusted to $1.44 from $1.68.Wheeler real estate investment trust inc - dividend reduction will preserve more than $2 million in capital for 2017.Q2 FFO per share view $0.42 -- Thomson Reuters I/B/E/S.Fy2017 FFO per share view $1.69 -- Thomson Reuters I/B/E/S.  Full Article