WHLR
Wheeler Real Estate Investment Trust, Inc.
Price Chart
Latest Quote
$3.45
Current Price| Previous Close | $4.76 |
| Open | $4.45 |
| Day High | $4.65 |
| Day Low | $3.39 |
| Volume | 185,866 |
Stock Information
| Shares Outstanding | 695K |
| Total Debt | $496.99M |
| Cash Equivalents | $27.09M |
| Revenue | $101.83M |
| Net Income | $29.05M |
| Sector | Real Estate |
| Industry | REIT - Retail |
| Market Cap | $2.40M |
| P/E Ratio | 0.02 |
| EPS (TTM) | $184.08 |
| Exchange | NCM |
đ Custom Metrics & Score
Score: 19/42| Debt to Equity | 8.50 |
| Debt to Earnings | 7.25 |
| Current Ratio | 2.67 |
| Quick Ratio | 2.04 |
| Avg Revenue Growth | 17.64% |
| Profit Margin | -9.16% |
| Return on Equity | -16.16% |
| Avg FCF Growth | 36.13% |
| FCF Yield | 1084.07% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $3.45 | 189,000 |
| 2026-01-30 | $4.76 | 125,700 |
| 2026-01-29 | $4.72 | 142,900 |
| 2026-01-28 | $5.32 | 40,300 |
| 2026-01-27 | $5.35 | 111,700 |
| 2026-01-26 | $5.64 | 132,000 |
| 2026-01-23 | $6.13 | 289,800 |
| 2026-01-22 | $5.58 | 138,300 |
| 2026-01-21 | $5.65 | 439,400 |
| 2026-01-20 | $5.03 | 145,800 |
| 2026-01-16 | $5.07 | 66,100 |
| 2026-01-15 | $5.04 | 27,733 |
| 2026-01-14 | $5.22 | 38,733 |
| 2026-01-13 | $5.13 | 59,567 |
| 2026-01-12 | $5.52 | 98,700 |
| 2026-01-09 | $5.91 | 802,233 |
| 2026-01-08 | $5.49 | 471,000 |
| 2026-01-07 | $5.58 | 29,233 |
| 2026-01-06 | $5.85 | 35,833 |
| 2026-01-05 | $6.06 | 51,100 |
About Wheeler Real Estate Investment Trust, Inc.
Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust, Inc. (Nasdaq: WHLR) is a fully integrated, self-managed commercial real estate investment company focused on owning, leasing and operating income-producing retail properties with a primary focus on grocery-anchored centers. WHLR's portfolio contains well-located, potentially dominant retail properties in secondary and tertiary markets that generate attractive, risk adjusted returns. WHLR's common stock, Series B convertible preferred stock ("Series B Preferred Stock" and, together with the Series D Preferred Stock, the "Preferred Stock"), Series D Preferred Stock, and Convertible Notes trade publicly on Nasdaq under the symbols "WHLR", "WHLRP", "WHLRD", and "WHLRL", respectively.
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Investing.com âĸ 2025-08-15T14:20:16ZIncome Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $38,534,000 | $39,719,000 | $27,810,000 | $19,605,000 |
| Cost Of Revenue | $35,100,000 | $34,870,000 | $25,731,000 | $19,618,000 |
| Total Revenue | $104,574,000 | $102,325,000 | $76,645,000 | $61,310,000 |
| Operating Revenue | $102,408,000 | $100,332,000 | $75,195,000 | $60,368,000 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $29,561,000 | $27,696,000 | $21,395,000 | $33,028,000 |
| Total Expenses | $71,398,000 | $75,122,000 | $53,891,000 | $41,555,000 |
| Other Income Expense | $-266,000 | $10,758,000 | $-1,182,000 | $3,890,000 |
| Other Non Operating Income Expenses | $2,871,000 | $4,411,000 | $-691,000 | $367,000 |
| Net Non Operating Interest Income Expense | $-32,142,000 | $-31,830,000 | $-30,042,000 | $-32,994,000 |
| Total Other Finance Cost | $3,041,000 | $4,618,000 | $8,712,000 | $438,000 |
| Interest Expense Non Operating | $29,561,000 | $27,696,000 | $21,395,000 | $33,028,000 |
| Operating Expense | $36,298,000 | $40,252,000 | $28,160,000 | $21,937,000 |
| General And Administrative Expense | $10,982,000 | $11,750,000 | $8,620,000 | $7,021,000 |
| Selling And Marketing Expense | - | - | $319,000 | $119,000 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-9,576,000 | $-4,687,000 | $-12,454,000 | $-9,443,000 |
| Net Interest Income | $-32,142,000 | $-31,830,000 | $-30,042,000 | $-32,994,000 |
| Interest Income | $460,000 | $484,000 | $65,000 | $34,000 |
| Normalized Income | $-6,443,085 | $-10,984,309 | $-11,963,000 | $-12,014,790 |
| Net Income From Continuing And Discontinued Operation | $-9,576,000 | $-4,687,000 | $-12,454,000 | $-9,443,000 |
| Total Operating Income As Reported | $37,531,000 | $29,407,000 | $24,598,000 | $19,510,000 |
| Net Income Common Stockholders | $-22,175,000 | $-29,237,000 | $-21,510,000 | $-13,240,000 |
| Net Income | $-9,576,000 | $-4,687,000 | $-12,454,000 | $-9,443,000 |
| Net Income Including Noncontrolling Interests | $767,000 | $6,083,000 | $-8,470,000 | $-9,351,000 |
| Net Income Continuous Operations | $767,000 | $6,083,000 | $-8,470,000 | $-9,351,000 |
| Pretax Income | $768,000 | $6,131,000 | $-8,470,000 | $-9,349,000 |
| Special Income Charges | $-1,195,000 | $0 | $-760,000 | $-2,300,000 |
| Interest Income Non Operating | $460,000 | $484,000 | $65,000 | $34,000 |
| Operating Income | $33,176,000 | $27,203,000 | $22,754,000 | $19,755,000 |
| Depreciation Amortization Depletion Income Statement | $25,316,000 | $28,502,000 | $19,540,000 | $14,797,000 |
| Depreciation And Amortization In Income Statement | $25,316,000 | $28,502,000 | $19,540,000 | $14,797,000 |
| Gross Profit | $69,474,000 | $67,455,000 | $50,914,000 | $41,692,000 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | $-23665.96 | $-551641.51 | $-21510000.00 | $-13240000.00 |
| Basic EPS | $-23665.96 | $-551641.51 | $-21510000.00 | $-13240000.00 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $-4,085 | $49,691 | $0 | $951,210 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $58,782,000 | $55,982,000 | $32,956,000 | $34,966,000 |
| Total Unusual Items | $-3,137,000 | $6,347,000 | $-491,000 | $3,523,000 |
| Total Unusual Items Excluding Goodwill | $-3,137,000 | $6,347,000 | $-491,000 | $3,523,000 |
| Reconciled Depreciation | $21,882,000 | $23,653,000 | $17,461,000 | $14,810,000 |
| EBITDA (Bullshit earnings) | $55,645,000 | $62,329,000 | $32,465,000 | $38,489,000 |
| EBIT | $30,329,000 | $33,827,000 | $12,925,000 | $23,679,000 |
| Diluted Average Shares | $937 | $53 | $1 | $1 |
| Basic Average Shares | $937 | $53 | $1 | $1 |
| Diluted NI Availto Com Stockholders | $-22,175,000 | $-29,237,000 | $-21,510,000 | $-13,240,000 |
| Otherunder Preferred Stock Dividend | $4,332,000 | $15,288,000 | $0 | $-5,040,000 |
| Preferred Stock Dividends | $8,267,000 | $9,262,000 | $9,056,000 | $8,837,000 |
| Minority Interests | $-10,343,000 | $-10,770,000 | $-3,984,000 | $-92,000 |
| Tax Provision | $1,000 | $48,000 | $0 | $2,000 |
| Write Off | $1,195,000 | $0 | $760,000 | $2,300,000 |
| Gain On Sale Of Security | $-1,942,000 | $6,347,000 | $269,000 | $5,823,000 |
| Selling General And Administration | $10,982,000 | $11,750,000 | $8,620,000 | $7,140,000 |
| Other Gand A | $10,982,000 | $11,750,000 | $8,620,000 | $5,556,000 |
| Salaries And Wages | - | - | $2,276,000 | $1,465,000 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $47,450,000 | $56,355,000 | $57,766,000 | $83,613,000 |
| Total Assets | $653,702,000 | $668,332,000 | $684,536,000 | $465,281,000 |
| Total Non Current Assets | $578,294,000 | $615,399,000 | $615,127,000 | $413,582,000 |
| Non Current Prepaid Assets | $2,661,000 | $2,224,000 | $1,456,000 | $413,000 |
| Non Current Deferred Assets | $6,797,000 | $7,739,000 | $7,554,000 | $1,488,000 |
| Goodwill And Other Intangible Assets | $11,806,000 | $19,057,000 | $28,590,000 | $10,796,000 |
| Other Intangible Assets | $11,806,000 | $19,057,000 | $28,590,000 | $10,796,000 |
| Current Assets | $75,408,000 | $52,933,000 | $69,409,000 | $51,699,000 |
| Restricted Cash | $17,752,000 | $21,403,000 | $27,374,000 | $17,521,000 |
| Receivables | $14,692,000 | $13,126,000 | $13,544,000 | $9,233,000 |
| Accounts Receivable | $14,692,000 | $13,126,000 | $13,544,000 | $9,233,000 |
| Allowance For Doubtful Accounts Receivable | $-955,000 | $-903,000 | $-3,146,000 | $-633,000 |
| Gross Accounts Receivable | $15,647,000 | $14,029,000 | $16,690,000 | $9,866,000 |
| Cash Cash Equivalents And Short Term Investments | $42,964,000 | $18,404,000 | $28,491,000 | $22,898,000 |
| Cash And Cash Equivalents | $42,964,000 | $18,404,000 | $28,491,000 | $22,898,000 |
| Other Non Current Assets | - | $3,000 | $21,000 | $33,000 |
| Assets Held For Sale Current | - | - | $0 | $2,047,000 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Debt | $439,645,000 | $459,170,000 | $437,538,000 | $310,385,000 |
| Total Debt | $503,858,000 | $505,717,000 | $506,475,000 | $349,720,000 |
| Long Term Debt And Capital Lease Obligation | $492,737,000 | $487,903,000 | $482,507,000 | $346,323,000 |
| Long Term Debt | $482,609,000 | $477,574,000 | $466,029,000 | $333,283,000 |
| Current Debt And Capital Lease Obligation | $11,121,000 | $17,814,000 | $23,968,000 | $3,397,000 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $537,048,000 | $526,804,000 | $531,984,000 | $368,931,000 |
| Total Non Current Liabilities Net Minority Interest | $508,796,000 | $491,925,000 | $489,618,000 | $351,099,000 |
| Derivative Product Liabilities | $11,985,000 | $3,653,000 | $7,111,000 | $4,776,000 |
| Current Liabilities | $28,252,000 | $34,879,000 | $42,366,000 | $17,832,000 |
| Payables And Accrued Expenses | $17,131,000 | $17,065,000 | $18,398,000 | $11,054,000 |
| Other Non Current Liabilities | - | $17,814,000 | $23,968,000 | $3,397,000 |
| Other Current Liabilities | - | - | - | $3,381,000 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $-70,613,000 | $-66,744,000 | $-60,526,000 | $-39,781,000 |
| Preferred Stock Equity | $129,869,000 | $142,156,000 | $146,882,000 | $134,190,000 |
| Total Equity Gross Minority Interest | $116,654,000 | $141,528,000 | $152,552,000 | $96,350,000 |
| Stockholders Equity | $59,256,000 | $75,412,000 | $86,356,000 | $94,409,000 |
| Retained Earnings | $-347,029,000 | $-324,854,000 | $-295,617,000 | $-274,107,000 |
| Preferred Securities Outside Stock Equity | $4,074,000 | $369,000 | $0 | $92,548,000 |
| Long Term Equity Investment | $12,025,000 | $10,685,000 | $0 | - |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Preferred Shares Number | $5,593,188 | $3,379,142 | $6,531,534 | $5,024,840 |
| Ordinary Shares Number | $937 | $53 | $0 | $0 |
| Share Issued | $937 | $53 | $1 | $1 |
| Tangible Book Value | $-82,419,000 | $-85,801,000 | $-89,116,000 | $-50,577,000 |
| Invested Capital | $411,996,000 | $410,830,000 | $405,503,000 | $293,502,000 |
| Working Capital | $47,156,000 | $18,054,000 | $27,043,000 | $33,867,000 |
| Capital Lease Obligations | $21,249,000 | $28,143,000 | $40,446,000 | $16,437,000 |
| Total Capitalization | $541,865,000 | $552,986,000 | $552,385,000 | $427,692,000 |
| Minority Interest | $57,398,000 | $66,116,000 | $66,196,000 | $1,941,000 |
| Additional Paid In Capital | $276,413,000 | $258,110,000 | $235,081,000 | $234,229,000 |
| Capital Stock | $129,872,000 | $142,156,000 | $146,892,000 | $134,287,000 |
| Common Stock | $3,000 | $0 | $10,000 | $97,000 |
| Preferred Stock | $129,869,000 | $142,156,000 | $146,882,000 | $134,190,000 |
| Long Term Capital Lease Obligation | $10,128,000 | $10,329,000 | $16,478,000 | $13,040,000 |
| Current Capital Lease Obligation | $11,121,000 | $17,814,000 | $23,968,000 | $3,397,000 |
| Investments And Advances | $12,025,000 | $10,685,000 | $0 | - |
| Investment Properties | $534,925,000 | $565,122,000 | $560,980,000 | $386,730,000 |
| Net PPE | $10,080,000 | $10,569,000 | $16,526,000 | $14,122,000 |
| Gross PPE | $10,080,000 | $10,569,000 | $16,526,000 | $14,122,000 |
| Other Properties | $10,080,000 | $10,569,000 | $16,526,000 | $14,122,000 |
| Treasury Shares Number | - | $0 | - | - |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $25,988,000 | $20,934,000 | $22,247,000 | $10,629,000 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $25,988,000 | $20,934,000 | $30,758,000 | $17,041,000 |
| Cash Flow From Continuing Operating Activities | $25,988,000 | $20,934,000 | $30,758,000 | $17,041,000 |
| Operating Gains Losses | $3,482,000 | $-4,015,000 | $-269,000 | $-5,823,000 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Investing Cash Flow | $15,480,000 | $-31,521,000 | $-133,512,000 | $5,101,000 |
| Cash Flow From Continuing Investing Activities | $15,480,000 | $-31,521,000 | $-133,512,000 | $5,101,000 |
| Capital Expenditure | - | $-20,021,000 | $-8,511,000 | $-6,412,000 |
| Capital Expenditure Reported | - | $-20,021,000 | $-8,511,000 | $-6,412,000 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Financing Cash Flow | $-20,559,000 | $-5,471,000 | $118,200,000 | $-24,491,000 |
| Cash Flow From Continuing Financing Activities | $-20,559,000 | $-5,471,000 | $118,200,000 | $-24,491,000 |
| Net Other Financing Charges | $-23,902,000 | $-16,950,000 | $-17,985,000 | $-8,500,000 |
| Repurchase Of Capital Stock | - | - | $0 | $-8,336,000 |
| Net Preferred Stock Issuance | - | - | $0 | $-8,336,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-29,880,000 | $-111,751,000 | $-263,815,000 | $-105,305,000 |
| Issuance Of Debt | $33,223,000 | $123,230,000 | $400,000,000 | $97,650,000 |
| Interest Paid Supplemental Data | $25,739,000 | $25,216,000 | $19,957,000 | $18,973,000 |
| Income Tax Paid Supplemental Data | $953,000 | $48,000 | $0 | $2,000 |
| End Cash Position | $60,716,000 | $39,807,000 | $55,865,000 | $40,419,000 |
| Beginning Cash Position | $39,807,000 | $55,865,000 | $40,419,000 | $42,768,000 |
| Changes In Cash | $20,909,000 | $-16,058,000 | $15,446,000 | $-2,349,000 |
| Net Issuance Payments Of Debt | $3,343,000 | $11,479,000 | $136,185,000 | $-7,655,000 |
| Net Long Term Debt Issuance | $3,343,000 | $11,479,000 | $136,185,000 | $-7,655,000 |
| Long Term Debt Payments | $-29,880,000 | $-111,751,000 | $-263,815,000 | $-105,305,000 |
| Long Term Debt Issuance | $33,223,000 | $123,230,000 | $400,000,000 | $97,650,000 |
| Net Investment Purchase And Sale | $-500,000 | $-10,000,000 | $0 | - |
| Purchase Of Investment | $-500,000 | $-10,000,000 | $0 | - |
| Net Investment Properties Purchase And Sale | $15,980,000 | $-21,521,000 | $-125,001,000 | $11,513,000 |
| Sale Of Investment Properties | $38,506,000 | $2,759,000 | $10,509,000 | $11,513,000 |
| Purchase Of Investment Properties | $-22,526,000 | $-24,280,000 | $-135,510,000 | $0 |
| Change In Working Capital | $-3,419,000 | $-1,489,000 | $11,046,000 | $497,000 |
| Change In Other Working Capital | $-1,471,000 | $-2,745,000 | $4,381,000 | $-427,000 |
| Change In Payables And Accrued Expense | $-43,000 | $1,359,000 | $8,626,000 | $1,143,000 |
| Change In Payable | $-43,000 | $1,359,000 | $8,626,000 | $1,143,000 |
| Change In Account Payable | $-43,000 | $1,359,000 | $8,626,000 | $1,143,000 |
| Change In Receivables | $-1,905,000 | $-103,000 | $-1,961,000 | $-219,000 |
| Other Non Cash Items | $2,378,000 | $-3,135,000 | $9,869,000 | $14,355,000 |
| Unrealized Gain Loss On Investment Securities | $-840,000 | $-685,000 | $0 | - |
| Asset Impairment Charge | $1,738,000 | $522,000 | $760,000 | $2,539,000 |
| Depreciation Amortization Depletion | $21,882,000 | $23,653,000 | $17,461,000 | $14,810,000 |
| Depreciation And Amortization | $21,882,000 | $23,653,000 | $17,461,000 | $14,810,000 |
| Amortization Cash Flow | $-3,434,000 | $-4,849,000 | $-2,079,000 | $3,738,000 |
| Amortization Of Intangibles | $-3,434,000 | $-4,849,000 | $-2,079,000 | $3,738,000 |
| Depreciation | $25,316,000 | $28,502,000 | $19,540,000 | $11,072,000 |
| Gain Loss On Investment Securities | $3,482,000 | $-4,015,000 | $-269,000 | $-5,823,000 |
| Net Income From Continuing Operations | $767,000 | $6,083,000 | $-8,470,000 | $-9,351,000 |
| Provisionand Write Offof Assets | - | $522,000 | $361,000 | - |
| Preferred Stock Payments | - | - | $0 | $-8,336,000 |
| Changes In Account Receivables | - | - | $-1,221,000 | $1,001,000 |
| Stock Based Compensation | - | - | $0 | $14,000 |