WinstonWınston
Back
Wheeler Real Estate Investment Trust logo

Wheeler Real Estate Investment Trust

WHLR
58
REIT - Retail · Real Estate
Price
$0.41
-0.01 (-2.14%)
Market Cap
$45,094
Exchange
NASDAQ Capital Market
Winston Score
58
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 13, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Strong
Growth
Mixed
Cash Flow
Strong
Stability
Weak
Valuation
Good

Winston Score History

The full picture

Wheeler Real Estate Investment Trust owns and operates a portfolio of grocery-anchored shopping centers. These are strip malls built around a supermarket as the main tenant, with smaller shops like pharmacies, dollar stores, and local businesses filling the remaining space. The company focuses on smaller cities and suburban communities, mostly in the southeastern and mid-Atlantic United States.

Wheeler makes money by collecting rent from the tenants in its shopping centers. Grocery-anchored properties tend to hold up better than other retail real estate because grocery stores draw consistent foot traffic even during economic downturns. Wheeler is a small company with a market cap near zero, meaning it carries significant financial risk and limited access to cheap capital compared to larger REITs. The main risk the company faces is its heavy debt load and small scale, which make it harder to refinance loans or fund new acquisitions when interest rates are high.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
0.0%
Thin — 0.0% gross margin
Operating Margin
46.8%
Excellent — 46.8% operating margin
ROCE
184.4%
Exceptional — 184.4% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
-6.9%
Shrinking sales (-6.9% YoY)
EPS YoY
-100.0%
Earnings shrinking (-100.0% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

EPS Consistency
7/8 quarters
Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
131%
Turns 131% of profit into real cash
FCF Margin
7.3%
Modest free cash flow (7.3%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
N/A
Data not available
Interest Cover
1.93x
Dangerous — barely covers interest (1.9x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
0.0x
Attractive valuation — P/E 0.0

P/E under 10. The price tag is small relative to last year's profit.

P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial