| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | 1 | 2 | — | 1 |
| Sell | — | — | — | — | — | 2 | 4 | — | — | 1 | — | 1 |
| total | individual payouts | |
|---|---|---|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2018 | ‡‡‡ |
|
| 2017 | 4.06 |
—
—
—
—
—
—
—
—
|
| 2016 | 0.65 |
—
—
—
—
—
—
—
—
—
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 39.81 | 60.72 | 48.63 | 59.79 |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 52.93 | 75.41 | 64.39 | 74.04 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 17.07 | 17.13 | 14.64 | 14.34 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 17.07 | 17.13 | 14.64 | 14.34 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 24.01 | 22.48 | — | — |
—
|
| ’25 | 24.35 | 26.10 | 23.82 | 25.17 |
99.45
|
| ’24 | 25.87 | 26.32 | 24.79 | 27.59 |
104.57
|
| ’23 | 26.07 | 24.84 | 25.20 | 26.22 |
102.33
|
| ’22 | 15.50 | 15.48 | 18.72 | 26.95 |
76.65
|
| ’21 | 14.73 | 15.49 | 15.51 | 15.58 |
61.31
|
| ’20 | 15.57 | 15.17 | 14.96 | 15.30 |
61.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 4.47 | 8.00 | — | — |
—
|
| ’25 | 4.44 | 8.88 | 5.44 | 2.37 |
21.13
|
| ’24 | 5.23 | 7.88 | 7.48 | 5.40 |
25.99
|
| ’23 | 3.69 | 7.82 | 3.53 | 5.90 |
20.93
|
| ’22 | 3.37 | 6.58 | 18.00 | 2.80 |
30.76
|
| ’21 | 4.74 | 4.80 | 4.98 | 2.53 |
17.04
|
| ’20 | 3.22 | 4.27 | 6.48 | 1.80 |
15.78
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 8.39 | 21.44 | — | — |
—
|
| ’25 | 20.67 | 18.00 | 0.99 | 23.61 |
63.27
|
| ’24 | 1.10 | 5.78 | 15.77 | 19.32 |
41.97
|
| ’23 | (0.47) | 5.13 | 1.51 | (2.50) |
3.67
|
| ’22 | 3.62 | 4.63 | 15.12 | 9.40 |
32.76
|
| ’21 | 7.71 | 4.44 | 6.18 | 3.81 |
22.14
|
| ’20 | 4.56 | 4.05 | 5.38 | 4.02 |
18.02
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (1.16k) | 0.96 | — | — |
—
|
| ’25 | (1.13m) | (68.05k) | (1.20k) | (640.86) |
(8.64k)
|
| ’24 | (30.82m) | (20.77m) | (46.36m) | (954.98k) |
(19.97m)
|
| ’23 | (997.12m) | (1000.00m) | (1000.00m) | 0.00 |
(828.52m)
|
| ’22 | (1000.00m) | (435.11m) | (1000.00m) | (1000.00m) |
(1000.00m)
|
| ’21 | (562.01m) | (1000.00m) | (36.26m) | (1000.00m) |
(1000.00m)
|
| ’20 | (1000.00m) | (634.53m) | (398.85m) | (0.25) |
9.58
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 49,206,525,952.00 | 701,084,160.00 | 3,326,400.00 | 1,137.60 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 146,748,669,952.00 | 82,780,184,576.00 | 1,437,004,800.00 | 4,838,400.00 | — | — | — |
High Price
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 47 | 52 | 56 | 49 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.63 | 1.97 | 1.87 | 2.03 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 76.65 | 102.33 | 104.57 | 99.45 | — | — | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 66.43% | 65.92% | 66.26% | 66.77% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.47) | 6.13 | 0.71 | 14.86 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (11.05%) | 5.99% | 0.68% | 14.95% | — | — | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.47) | 6.08 | 0.71 | 14.84 | — | — | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 18.22 | 23.65 | 21.88 | 20.48 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 78.53 | 51,162.50 | 0.00 | 248,612.50 | — | — | — |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (999,999,999.00) | (828,518,000.00) | (19,970,260.00) | (8,643.26) | — | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 31.51 | 10,467.00 | 0.00 | 52,830.00 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.05 | (8,631.00) | 0.00 | 105,342.50 | — | — | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 33.56 | 1,836.00 | 0.00 | 158,172.50 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 156.30 | 70,764.00 | 0.00 | 236,727.50 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.98 | 0.00 | 0.00 | 0.00 | — | — | — |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 781,860,667.98 | 26,384.82 | 0.00 | 0.00 | — | — | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 10,568,908,447.47 | 0.00 | 0.00 | 0.00 | — | — | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 781,860,673.37 | 26,389.11 | 4.04 | 4.23 | — | — | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,829,457,543.99 | 735,366.37 | 10.06 | 6.64 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 30.76 | 20.93 | 25.99 | 21.13 | — | — | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.00 | (17.26) | 15.98 | 42.14 | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 32.76 | 3.67 | 41.97 | 63.27 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 51.01 | 35.87 | 58.28 | 49.75 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 469.49 | 477.57 | 482.61 | 468.16 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 413.62 | 437.77 | 421.89 | 419.53 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 152.55 | 141.53 | 116.65 | 94.69 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (3.74%) | (4.32%) | (3.35%) | (0.61%) | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.72% | 3.17% | 4.36% | 5.25% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 133.73% | (1,159.74%) | 320.38% | 41.67% | — | — | — |
ROE
|
Wheeler Real Estate Investment Trust (WHLR), a scrappy small-cap REIT specializing in grocery-anchored shopping centers in the U.S. Southeast and Mid-Atlantic, has bucked tough odds like the retail apocalypse, COVID shutdowns, and sky-high interest rates. Revenue has rocketed 137% from $44 million in 2016 to $105 million in 2024—a stellar 16% annual growth rate—thanks to smart acquisitions, rent hikes, and rock-solid grocery tenants that kept things humming even during pandemics and recessions. Operational efficiency shines too, with revenue per employee doubling and gross margins holding steady around 67%, proving WHLR can squeeze profits from its properties better than many peers.
But it’s not all smooth sailing: chronic losses plagued the company until a 2023 turnaround, with slim profits in 2024 amid ballooning debt up 49% to $483 million and shrinking shareholder equity. Aggressive reverse stock splits slashed shares to just 100, propping up per-share metrics amid Nasdaq delisting scares. The bright spots? Cash flow is surging—operating cash up 24% to $26 million and free cash at $42 million—giving breathing room as ROIC hits 4.4%.
At dirt-cheap valuations (P/S at 0.01x, PB near zero), WHLR screams deep value, with analyst targets hinting at a mind-blowing 80 million% upside if Fed rate cuts ease debt costs and unlock profitability. Grocery anchors offer recession resistance, but watch for risks like prolonged high rates or tenant woes. This microcap turnaround play could reward patient investors big-time—dive into the full analysis for the details.
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