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Wheeler Real Estate Investment Trust, Inc - WHLR STOCK NEWS

Welcome to our dedicated page for Wheeler Real Estate Investment Trust news (Ticker: WHLR), a resource for investors and traders seeking the latest updates and insights on Wheeler Real Estate Investment Trust stock.

Wheeler Real Estate Investment Trust, Inc. (WHLR), headquartered in Virginia Beach, Virginia, is a self-managed commercial real estate investment trust (REIT) that specializes in income-producing retail properties. The company's core focus is on owning and operating grocery-anchored centers, making it a significant player in the retail sector. Established with the primary objective of acquiring, financing, developing, leasing, owning, and managing income-producing assets, Wheeler's portfolio includes strip centers, neighborhood centers, community centers, and free-standing retail properties.

Wheeler's properties are strategically located in the Mid-Atlantic, Southeast, and Southwest regions of the United States, and are typically leased by well-known national and regional retailers such as Food Lion, CVS, and TJ Maxx. Some notable properties in Wheeler's portfolio include Alex City Marketplace in Alabama, Bryan Station in Kentucky, Cardinal Plaza in North Carolina, Clover Plaza in South Carolina, and Winslow Plaza in New Jersey.

Recent Achievements:

  • On September 7, 2023, Wheeler posted redemption forms for its Series D Preferred Stock on its website, allowing holders to request redemptions starting in October 2023.
  • On October 18, 2023, simplified versions of the Holder Redemption Notice and Stock Ownership Statement were made available based on shareholder feedback.
  • The company reported its financial and operating results for the three and nine months ended September 30, 2023, on November 7, 2023, with supplemental information accessible on its Investor Relations website.
  • On November 14, 2023, Wheeler announced that due to a significant decline in its common stock price, it might settle future Series D Preferred Stock redemptions with unregistered shares of common stock or delay delivery of registered common stock.
  • Wheeler considered calling a special meeting of stockholders to authorize additional reverse stock splits as announced on November 16, 2023.
  • The company reported its financial and operating results for the year ended December 31, 2023, on Form 10-K on March 5, 2024.
  • On May 6, 2024, Wheeler released its financial and operating results for Q1 2024, with details available on their Investor Relations website.

Wheeler's financial condition has been closely monitored, especially given the fluctuating stock prices and the redemptions of Series D Preferred Stock. The company continues to navigate these challenges while maintaining its focus on managing and expanding its portfolio of grocery-anchored retail properties.

Rhea-AI Summary

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) has released its financial and operating results for the third quarter and first nine months of 2024. The company has filed its Form 10-Q and posted supplemental information on its investor relations website. Wheeler REIT is a Virginia Beach-based, self-managed commercial REIT specializing in income-producing retail properties, particularly grocery-anchored centers.

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Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) has released its financial and operating results for the second quarter of 2024. The company has filed its Form 10-Q and posted supplemental information on its website for the three and six months ended June 30, 2024. Investors can access these documents through the company's Investor Relations website at https://ir.whlr.us/. This release provides shareholders and potential investors with important information about Wheeler's performance during the specified period. However, the press release does not disclose any specific financial figures or performance metrics, leaving the actual results to be discovered in the detailed reports.

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Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) released its First Quarter 2024 Financial and Operating Results, accessible on Form 10-Q and the company's website. The report covers the three months ending March 31, 2024, providing investors with key financial insights.

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Wheeler Real Estate Investment Trust, Inc. (WHLR) releases financial and operating results for 2023, accessible on their website. Contact investor relations for more information.
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Wheeler Real Estate Investment Trust, Inc. (WHLR) announced significant declines in its Common Stock price and the likelihood of issuing unregistered shares of Common Stock for redemption requests due to insufficient registered shares. Stockholders can contact Investor Relations for more information.
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Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) considers special stockholder meeting for potential charter amendment to authorize more reverse stock splits. The company aims to provide the Board of Directors with the authority to implement additional reverse stock splits.
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Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) announced potential settlement of future Series D Preferred Stock redemption requests with unregistered shares of Common Stock due to recent significant declines in the Company's Common Stock price. The Company has already redeemed 492,673 shares of its outstanding Series D Preferred Stock by issuing 16,601,314 shares of Common Stock from its registration statement. With 2,887,273 shares of Series D Preferred Stock still outstanding, the Company faces the possibility of issuing unregistered Common Stock or delaying delivery of registered Common Stock if the Common Stock price continues to decline.
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Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) reports financial and operating results for Q3 2023, accessible on its Investor Relations website.
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Wheeler Real Estate Investment Trust, Inc. posts simplified versions of the Holder Redemption Notice and Stock Ownership Statement for holders of Series D Cumulative Convertible Preferred Stock.
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Wheeler Real Estate Investment Trust, Inc. announces redemption of Series D Preferred Stock
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FAQ

What is the current stock price of Wheeler Real Estate Investment Trust (WHLR)?

The current stock price of Wheeler Real Estate Investment Trust (WHLR) is $4.05 as of December 23, 2024.

What is the market cap of Wheeler Real Estate Investment Trust (WHLR)?

The market cap of Wheeler Real Estate Investment Trust (WHLR) is approximately 2.6M.

What is Wheeler Real Estate Investment Trust, Inc. (WHLR)?

Wheeler Real Estate Investment Trust, Inc. (WHLR) is a self-managed commercial real estate investment trust focusing on income-producing retail properties, particularly grocery-anchored centers.

Where is Wheeler Real Estate Investment Trust, Inc. headquartered?

Wheeler Real Estate Investment Trust, Inc. is headquartered in Virginia Beach, Virginia.

What types of properties does Wheeler Real Estate Investment Trust, Inc. own?

Wheeler owns strip centers, neighborhood centers, community centers, grocery-anchored centers, and free-standing retail properties.

Who are some of the tenants in Wheeler's properties?

Tenants include nationally and regionally recognized retailers such as Food Lion, CVS, and TJ Maxx.

What recent achievements has Wheeler Real Estate Investment Trust, Inc. made?

Recent achievements include posting redemption forms for Series D Preferred Stock, simplifying these forms based on shareholder feedback, and reporting financial results for various periods.

What regions do Wheeler's properties cover?

Wheeler's properties are located in the Mid-Atlantic, Southeast, and Southwest regions of the United States.

How does Wheeler handle stock redemptions?

Due to recent declines in stock price, Wheeler may settle future Series D Preferred Stock redemptions with unregistered shares of common stock or delay delivery of registered common stock.

What financial reports has Wheeler recently released?

Wheeler released its financial and operating results for the year ended December 31, 2023, and for the first quarter of 2024.

How can investors contact Wheeler Real Estate Investment Trust, Inc.?

Investors can contact Wheeler's Investor Relations at (757) 627-9088 or via email at investorrelations@whlr.us.

Where can more information about Wheeler be found?

More information can be found on Wheeler Real Estate Investment Trust, Inc.'s website at www.whlr.us.

Wheeler Real Estate Investment Trust, Inc

Nasdaq:WHLR

WHLR Rankings

WHLR Stock Data

2.59M
1.31M
0.01%
11.06%
1.85%
REIT - Retail
Real Estate Investment Trusts
Link
United States of America
VIRGINIA BEACH